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Call for the return of Iraq to participate in the decisions of the Arab Economic


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Date: Monday 26/3/2012 7:06

BAGHDAD / Rn

د Invited interested in the economic side, on Sunday, the need to return to Iraq to participate in economic decision-making in the framework of the Arab Arab League meetings that Standhanha Baghdad at the end of this week, along with Iraq to succeed to benefit from Arab expertise and capabilities for the reconstruction of infrastructure.

The meeting of the Ministers of Economy and Trade Forum, on Tuesday, a meeting in Baghdad as part of the Arab summit meeting hosted by the Baghdad at the end of this week.

The convening of the Arab Economic Ministerial Meeting at a time of many Arab countries undergoing fundamental political, economic sanctions and international and regional threats.

وHe said Iraqi Oil Minister, former Ibrahim Bahr al-Ulum, told the Kurdish news agency (Rn), "Meeting of Ministers of Economy and Trade Arabs in Baghdad this week, will follow up the decisions of the economic summit earlier and what has been achieved. Must be the process of building Iraq's axis is important for the Arabs in their meeting."

The Bahr al-Ulum that "until now has not made investment opportunities for the Arabs of Iraq and an opportunity to discuss what could be contributed by the Arab economic development funds to develop some strategic projects into practice and contribute to the reconstruction of Iraq."

He pointed out that the Bahr al-Ulum "There are a lot of projects that must be addressed by the Ministers of Economy and Arabs in a race as projects and agricultural industry."

He stressed Bahr al-Ulum, who took over management of the Ministry of Oil in 2005 that "Iraq is a unique true if compared to the remaining cases, so what you sow and today he will reap the Arab ministers of economy, Iraq first and Arabs second."

و Iraq relies on its economy by 93% on the export of oil, but tensions over the Strait of Hormuz, Iran threatened to close it after the making of Baghdad, thinking to find other alternatives to the export of fear to influence the rates of export.

و The Iraqi government decided yesterday to approve the adoption of the recommendations of the Committees of Economic Affairs and Energy Affairs to study the probability of a crisis in the Persian Gulf and its implications for Iraq, and asked the advisers to study the issue from all aspects of their impact on the budget and the currency, oil, and the ration card, electricity.

In the opinion of the Committee on the economy and investment representative to a meeting of Ministers of Economy and Commerce in Baghdad, the Arabs an opportunity to discuss a trade of Iraq - Arab.

He said the Commission's decision Mahma Khalil's (Rn) that "the volume of trade exchange between Iraq and the Arab states in the lowest level and it should be discussed question of the size of trade exchange and activation of this side."

Khalil said that "the Iraqi trader has become a pivotal day trader because of the sanctions imposed on some neighboring countries. Must therefore be distinct Iraq during the meeting, depending on the economy and the large trader pivot."

وThe economist said Majid picture (Rn), that "Iraq's participation in the meeting of ministers of trade and economy, the Arabs should be actively involved in economic decision-making role and re-organizations in the work of a joint work of unions and Arab companies."

He explained that the picture of "the role of the Arab League must have an economic role that the university and according to my belief that you can not offer much in the political side."

And that "Iraq is supposed to be contributing to its role in economic decision-making and contribute to the actual economic activity in the Arab world."

و And began to Iraqi relations - Arabic to return gradually, especially with the state of Saudi Arabia, which has seen its relations throughout the period that followed 2003, cool and clear like the relations that followed the Second Gulf War in 1990, in contrast to its prosperity during the Iraq war, the 1980-1988 Iran where Saudi Arabia was one of the most Arab states in support of Iraq in that war.

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