Türkiye has escalated diplomatic efforts with Iraq to address banking and customs disruptions that have halted payments and slowed exports since the start of 2026, urging Baghdad to restore financial flows and ease new customs procedures.
The crisis stemmed from Iraq’s introduction of the ASYCUDA platform and higher customs duties on most imported goods, with rates rising between 5% and 30%. Authorities also shifted container fee calculations from volume-based to value-based assessments, increasing costs for importers.
Turkish…