Tenders, Tender notices, procurement news, project information, business opportunities, global tenders, international bids, request for proposal (RFPs) export import trade leads from Iraq.
Nearly 30 years of fighting, against Iran in the 1980s and the United States since 1991, has had a detrimental impact on Iraqi economic growth. Oil production remains Iraq's chief economic activity. The lack of development in other sectors has resulted in 18%-30% unemployed and a depressed per capita GDP of $3,700. Reconstruction aid has helped to bulster the nation's infrastructure, however, an ongoing insurgency has handicapped economic recovery.