WASHINGTON — Iran has dramatically expanded economic ties with Iraq, taking advantage of increased security there to extend its influence.
Iran ranks second behind Turkey among countries exporting goods to Iraq. Iran sold more than $2 billion worth of products in the first half of this year, a 33% increase over the same period a year earlier, according to Global Trade Information Services, which tracks trade data.
Iran’s growing economic clout raises concerns because Iran uses business ties to further military and political goals, analysts say.
“This is part of an Iranian effort to exert influence over Iraq’s Shiite government,” says Anthony Cordesman, an analyst at the Center for Strategic and International Studies.
