Masjidi said an important part of Iraq's needs are provided by Iran and the international trade between the two countries will reach $9 billion by the end of the Iranian calendar.
The new Iranian year will start on March 22.
He also mentioned exports include products such as food and other goods, besides energy sources.
The Russian-Ukrainian war has now had a significant impact on Iraq's economy and Iran is prepared for further cooperation with Iraq to overcome the obstacles, Masjidi said.
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