Religious diplomacy played a key role , with Pezeshkian visiting the holy Shiite cities of Najaf and Karbala. The signing of 14 cooperation documents covering trade, agriculture, education, skilled labour training, and cultural exchanges marks a significant deepening of economic ties.
Both countries aim to boost bilateral trade and investment, providing economic benefits since both Tehran and Baghdad are facing external pressures and economic challenges. Iran sees Iraq as an essential market for its goods and services , especially in agriculture and natural resources. Religious tourism has also a significant economic potential. Iran is also leveraging its position in Iraq to sidestep some of the economic isolation imposed by sanctions. Seeking to counter external economic pressures, Tehran plans to strengthen its economic relations with Iraq, thus creating alternative trade routes and partnerships.
By ensuring strong bilateral ties with Baghdad, the Islamic Republic of Iran strengthens its position against regional rivals and foreign powers seeking to exert influence in Baghdad. By signing cooperation agreements in the economic and security sectors, Iran seeks to achieve greater integration, thereby advancing its aim of creating a secure buffer zone against external threats. In the future regional scenario, Iran will continue leveraging its relationship with Iraq to pursue its broader regional goals.
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