Saturday, March 17, 2007

Article: Iran Iraq Trade

Iran Is Playing a Growing Role in Iraq Economy - New York Times

The Iran Iraq war has been over for awhile, and now it is time to trade. Despite the Bush Administration's opinion of Iran, some accusations perhaps founded, there is money to be made and the two states are going to trade. Saddam is out of the way and there is a market for goods, further, the tribalism of the Shia majority lends well to trading with old Iranian friends.

In my view the trade is great and it enables Iraq to truly begin recovering on its own terms. Foreign Direct Investment, even from Iran is good for Iraq and the globalized world in the long term. Sure, in the short term, along with the Iranian tomatoes and washing machines, there is going to be some weapons and the makings of anti armor improvised explosive devices, but security will closely follow the market, it is just more profitable that way.