The Ministry of Trade of Iraq is a conglomeration of state-owned enterprises and operates a nearly $6bn annual budget that provides a monthly public food distribution program for Iraqis. This conglomerate also manages the import of grain, seeds, and construction materials.

Mission Statement

The official stated purpose of the Iraqi Ministry of Trade is to facilitate and promote trade and commerce in Iraq. It aims to encourage private sector development by removing regulations blocking trade and investment, eliminating import licensing rules, and embarking on wide-ranging projects to promote a new trading environment in Iraq: an anti-corruption drive, a consumer welfare and protection unit, a “Baghdad International Fair" site and the leasing of Iraqi shopping centers to private developers.