[1] In 2004, Ukraine was recognized as providing "excellent support" in the American administration's campaign against "terrorists" in Iraq.

During the pre-war period, economic cooperation between Ukraine and Iraq was developing exclusively within the framework of the United Nations "oil-for-food" program.

[5] The commodity structure of trade in the second period was determined by the presence of the international sanctions, which reduced possible assortment of Ukrainian production.

[5] During this period Ukraine and Iraq, signed the treaty on trade, economic, scientific and technical cooperation, the association agreement between Commercial and industrial chamber of Ukraine and Federation of chambers of commerce of Iraq, the treaty on friendship and cooperation between Donetsk regional state administration and the administration of the Iraqi province Basra.

During this visit the heads of the governments of Ukraine and Iraq determined such priorities and specific targets for development of bilateral cooperation for the nearest future.

Dynamics of trade turnover in the first half of 2004 indicates a gradual renewal of the volumes of Ukrainian exports to Iraq, as well as its diversification.