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Turkish
State Minister for Trade Kursad Tuzmen announced the
business volume between Turkey and Iraq has reached
$5.5 billion in 2005.
Turkish contractors in Iraq made business contracts
worth $1.2 billion since the beginning of the year
the Minister said, and the modernization works of
Habur border gate has also been initiated.
Due to the Iraq war, Turkey had lost the export
trade it had conducted with this country; however,
Turkish businessmen are trying to close the gap and
as of October 15, exports to Iraq have been recorded
at $2.1 billion Tuzmen said, expecting that the
figure might reach as high as $2.7 billion by the
end of 2005.
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