Kuwait calls on countries participating in the conference to rebuild Iraq to fulfill their obligations

[yota691]

The Kuwaiti Minister of Trade from Baghdad: Our visit is aimed at resolving all trade obstacles with Iraq

 

money and business Economy News _ Baghdad Kuwait's Minister of Trade and Industry Khalid Al-Roudhan said on Wednesday that his visit to Iraq aims to resolve all obstacles to activating trade between the two countries and moving them to good levels.  "Iraq today, after its victory over terrorism, seeks to develop its economy," Minister Al-Ruddhan said in a speech during an official talks with his Iraqi counterpart Mohammed al-Ani in the presence of senior officials from the two ministries. He added that "cooperation with Kuwait in this The stage would be beneficial to both parties. "  "The level of trade between the two countries currently does not rise to the level of the developed relations between them and must be upgraded and developed."  "There is a real will on the Kuwaiti side and the directives of the Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to develop trade relations," he said. He also noted that "the presence of many obstacles to the development of trade movement," stressing that his visit "today reflects a sincere desire to resolve all these obstacles."  He said that his visit would "witness meetings with several competent governmental bodies and the Iraqi private sector. Representatives from the Kuwaiti private sector will meet with their Iraqi counterparts." The two countries have a golden opportunity to increase the volume of trade exchange and achieve a good partnership between them.  On Wednesday, Kuwait's Minister of Trade and Industry Khaled Al-Rawdan arrived in the Iraqi capital Baghdad for a two-day official visit to meet with senior Iraqi officials to discuss ways of developing trade relations between the two countries. Views 8   Date Added 20/02/2019

[yota691]

Agreement with the European Union to finance Iraqi development projects

 

Part of the signing of the agreement.

money and business Economy News Baghdad The Minister of Planning, Nouri Sabah al-Dulaimi, signed an agreement with the European Union Ambassador to Iraq, Ramón Belquois, to finance economic and social development projects in the amount of € 41.5 million, which will be implemented by the United Nations programs in Iraq. Local. "The aim of these meetings is to find quick practical solutions and to show the optimal investment potential for international efforts to support the work of local governments and central government stakeholders," Dulaimi told a joint news conference with Ambassador Blakwa and Basra Governor As'ad al-Eidani. He pointed out that "the ministry will work with the international community and stakeholders in service ministries to launch several vital projects in the provinces of Iraq," referring to "the efforts that the Ministry will continue to implement in cooperation with the local government of Basra, to rehabilitate the projects of the province, Projects with advanced achievement ratios ". Al-Dulaimi said during the meeting, which was attended by the Director of the United Nations Development Program (UNDP) in Iraq, Gerardo Noto, that "this agreement will strengthen the Ministry's development plans in the liberated areas, and urban areas in the provinces of Basra and Nineveh, and provide basic services to them, These will be implemented through the United Nations Educational, Scientific and Cultural Organization (UNESCO). The organization will reconstruct buildings of historic and cultural importance, revitalize the old cities of Nineveh and Basra, restore life to these cities and provide jobs for their children. Support for the voluntary return of displaced people, job creation and improvement of services. The third section will be implemented with local and international cooperation to provide technical and financial support to youth projects and to provide a suitable environment for launching Pilot projects ". Views 49   Date Added 20/02/2019

[yota691]

Wednesday 20 February 2019 02:11 PM

| Number of readings:

Kuwaiti Trade Minister announces the reason for his visit to Baghdad and confirms: We have a golden opportunity with Iraq

 

Kuwait's Minister of Trade and Industry Khalid Al-Rowdan said on Wednesday that his visit to Iraq aims to resolve all obstacles to activating trade between the two countries and elevating them to good levels.

"Iraq today, after its victory over terrorism, seeks to develop its economy," Minister Al-Ruddhan said during a formal talks with his counterpart, Commerce Minister Mohammad al-Ani, in the presence of senior officials from the two ministries. He said that activating trade cooperation with Kuwait at this stage would benefit both sides. "He said.

"The level of trade between the two countries is currently not up to the level of the developed relations between them and must be upgraded and developed."

"There is a real will on the part of Kuwait and the directives of HH Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to develop trade relations.

"The visit will witness meetings with several competent government bodies and the Iraqi private sector, and representatives of the Kuwaiti private sector will meet with their Iraqi counterparts," he said, stressing that "both countries have a golden opportunity to increase the volume of trade exchange and achieve a good partnership between them."

On Wednesday, Kuwait's Minister of Trade and Industry Khalid Al-Roudhan arrived in Baghdad for a two-day official visit to meet with senior Iraqi officials to discuss ways to develop trade relations between the two countries .

[yota691]

Iraq welcomes the idea of opening a free trade zone with Kuwait

Date of release: 2019/2/20 12:55 • 190 times read

The Minister of Trade, Mohammed al-Ani, welcomed the idea of opening a free trade zone with Kuwait in the hope that this region will be a gateway to activating the trade exchange between the two countries.

"Visiting the Kuwaiti delegation today will break the deadlock in trade relations between the two countries and elevate them to higher levels," Al-Ani said in a press statement on the sidelines of his reception to Kuwait's Minister of Commerce and Industry Khalid Al-Rowdan. 
"Iraq welcomes the idea of establishing a free zone between the two countries because it will add many citizens to the two countries and promote trade cooperation between them," he said, adding that he hoped "to reach smooth agreements in this regard." 
The Minister of Trade expressed Iraq's concern "to expand the free zone into a joint industrial zone similar to the one recently opened between Iraq and Jordan," adding that "an important principle in the relationship between the two countries is the existence of a joint industry."
On Wednesday morning, Kuwaiti Minister of Trade and Industry Khaled Al-Rawdan arrived in Baghdad for a two-day official visit to meet with senior Iraqi officials to discuss ways to develop trade relations between the two countries.

[haymon]

Kuwait,  is international,  Iraq isn't.  Why should Iraq have a free trade zone with you??

[yota691]

Saleh stresses the importance of following the decisions of the Kuwait Conference for the reconstruction of Iraq

Editorial date: 2019/2/20 15:50 • 28 times read

(KUNA) - Kuwait's Minister of Trade and Industry Khalid Al-Roudhan and his accompanying delegation stressed on Wednesday the importance of following up what was approved at the Kuwait Conference for the Reconstruction of Iraq held in February 2018 and collecting 29.6 billion dollars Dollars.

Saleh stressed during the meeting, according to a presidential statement received by the agency {Euphrates News} a copy of it, "the need to strengthen trade cooperation between the two countries, and ways to develop it to achieve economic development in the interest of the two friendly peoples." 
"Iraq has a serious desire to open up to its Arab, regional and international environment in the economic and industrial fields, in order to enhance its status and realize the aspirations of its people. 
For his part, Minister Al-Roudhan stressed his country's keenness to develop relations with Iraq and the willingness of Kuwaiti companies to invest and rehabilitate infrastructure in its cities. 
During the meeting, they discussed a number of issues of interest to both countries, stressing the increase in the level of trade and economic exchange, exchange of experiences and joint coordination in all fields

[Butifldrm]

Presidency confirms the follow-up to the decisions of the Kuwait Conference

15:55 - 20/02/2019

0

 

  

Information / Baghdad ... 
The Presidency of the Republic, on Wednesday, the need to follow the decisions of the Kuwait Conference for the reconstruction of Iraq. 
"President Barham Saleh received at the Peace Palace in Baghdad today the Kuwaiti Minister of Trade and Industry Khalid Al-Roudhan and his accompanying delegation. During the meeting, a number of issues of mutual interest were discussed, The level of trade and economic exchange and the exchange of experiences and joint coordination in all fields. " 
Saleh stressed the importance of following up what was adopted at the Kuwait conference for the reconstruction of Iraq, stressing the necessity of enhancing trade cooperation between the two countries and means of developing it to achieve economic development for the benefit of the two friendly peoples.
"Iraq has a serious desire to open up to its Arab, regional and international environment in the economic and industrial fields, in order to enhance its position and realize the aspirations of its people," he said. 
For his part, Roudhan stressed his country's keenness to develop relations with Iraq and the willingness of Kuwaiti companies to invest and rehabilitate infrastructure in its cities. Ending / 25

https://www.almaalomah.com/2019/02/20/389863/

[yota691]

Kuwaiti Minister of Trade reveals eight economic files to cooperate with Iraq

02:59 - 20/02/2019

 

 

 

BAGHDAD (Reuters) - 
Iraqi Trade Minister Mohammad Hashim al-Ani unveiled on Wednesday the main points of the meeting with his Kuwaiti counterpart. The Kuwaiti Minister of Trade and Industry revealed eight economic files to be presented to the Iraqi side during the meetings. 
"We value this visit, which comes to break the gap between the two countries, to restore trade and economic relations and to raise the level of trade exchange," Al-Ani told a news conference with Kuwaiti Minister of Trade and Industry Khalid Al-Rawdan. 
He stressed that "the visit aims to establish a clear picture of the agreements between the two countries after the opening of Iraq to the world and its openness to the free market, which is the goal of the Iraqi government and translated by its program to increase the volume of exchange between the countries of the world and Kuwait.
For his part, the Kuwaiti minister pointed out that "there is a sincere and genuine desire to open new horizons for cooperation and raise the level of economic relations in various sectors between the two countries." He stressed that "Kuwait has every potential to create opportunities and partnerships with Iraq." 
Al-Roudhan revealed his government's desire to "overcome all obstacles and resolve all issues and create investment opportunities in Iraq and Kuwait." 
He added that "the most important topics to be raised by the Kuwaiti side to discuss them are the establishment of an area for trade exchange and develop the port of Safwan and the development of trade between Iraq and Kuwait, and agree on the mechanisms of development and the introduction of areas of cooperation in various fields, as well as the activation of measures and increase the volume of trade exchange and create investment opportunities" . 
He said, "Iraq passed through the circumstances and events exhausted a lot of energies and time, but recovered and won and liberated the territory of the worst gangs."
"The delegation will hold meetings with the three presidencies and hold joint meetings with the Iraqi private sector, businessmen and presidents of the federations," the statement said. "The delegation includes several sectors operating in many fields."

[yota691]

Baghdad wants to expand the free zone between Iraq and Kuwait similar to that with Jordan

01:26 - 20/02/2019

 

 

 

BAGHDAD (Reuters) - 
Trade Minister Mohammed al-Ani said on Wednesday that Iraq wants to expand the free zone into a joint industrial zone, similar to the one recently opened between Iraq and Jordan. 
"Visiting the Kuwaiti delegation today will break the stalemate in trade relations between the two countries and elevate them to higher levels," Al-Ani said in a statement to Kuwait News Agency (KUNA) on the sidelines of his reception with Kuwait's Minister of Commerce and Industry Khaled Al-Rowdan. 
"Iraq welcomes the idea of establishing a free zone between the two countries because it will add many citizens to the two countries and enhance trade cooperation between them," Al Ani said, "likely to reach smooth agreements in this regard."
He expressed Iraq's desire to "expand the free zone into a joint industrial zone, similar to the one recently opened between Iraq and Jordan," adding that "an important principle in the relationship between the two countries is the existence of a joint industry." 
Kuwaiti Minister of Trade and Industry Khalid Al-Roudhan arrived in Baghdad on Monday for a two-day official visit to meet with senior Iraqi officials to discuss ways of developing trade relations between the two countries.

[yota691]

The Kuwaiti Minister of Trade from Baghdad: Our visit is aimed at resolving all trade obstacles with Iraq

01:30 - 20/02/2019

 

 

 

Baghdad - 
Kuwait's Minister of Trade and Industry Khalid Al-Roudhan said on Wednesday that his visit to Iraq aims to resolve all obstacles to activating trade between the two countries and moving them to good levels. 
"Iraq today, after its victory over terrorism, seeks to develop its economy," Minister Al-Roudhan said in a speech during an official talks with his Iraqi counterpart, Mohammed al-Ani, in the presence of senior officials from the two ministries. He added that "cooperation with Kuwait in this Stage that would benefit both parties. " 
"The level of trade between the two countries currently does not rise to the level of the developed relations between them and must be upgraded and developed." 
The Kuwaiti minister,
He also noted that "the presence of many obstacles to the development of trade movement," stressing that his visit "today reflects a sincere desire to resolve all these obstacles." 
He said that his visit would "witness meetings with several competent governmental bodies and the Iraqi private sector. Representatives from the Kuwaiti private sector will meet with their Iraqi counterparts." The two countries have a golden opportunity to increase the volume of trade exchange and achieve a good partnership between them. 
On Wednesday, Kuwait's Minister of Trade and Industry Khaled Al-Rawdan arrived in the Iraqi capital Baghdad for a two-day official visit to meet with senior Iraqi officials to discuss ways of developing trade relations between the two countries.

[NEPatriotsFan1]

5 minutes ago, yota691 said:

We value this visit, which comes to break the gap between the two countries, to restore trade and economic relations and to raise the level of trade exchange,

While we’re at it let’s just level the playing field and break the gap between the two currencies..... what’da ya say... 1:1 IQD/KWD plus or minus a penny or two  

[Half Crazy Runner]

1 hour ago, NEPatriotsFan1 said:

While we’re at it let’s just level the playing field and break the gap between the two currencies..... what’da ya say... 1:1 IQD/KWD plus or minus a penny or two  

   

[Butifldrm]

 

2019/02/20 19:29

• Number of readings 36
• Section: Iraq
•  

Abdul Mahdi: Relations between Iraq and Kuwait are exceptional

BAGHDAD / Prime Minister Adel Abdul Mahdi said on Wednesday (February 20th, 2019) that the relations between Iraq and Kuwait are exceptional and are dominated by cooperation and goodwill. Kuwaiti Trade Minister Khalid Al-Roudhan affirmed his country's support for the stability and reconstruction of Iraq.

"The relations between Iraq and Kuwait are exceptional and are dominated by cooperation, goodwill and a common desire to develop them in all areas that serve stability, development and economic prosperity," Abdul-Mahdi said during a meeting with Khalid Al-Rowdan, minister of trade and industry.

He added that "Iraq is moving steadily to overcome the difficulties of the past and the effects of devastating wars, and before us the task of building in cooperation with our brothers and the establishment of economic and trade partnership for the benefit of our peoples and the region in general," noting the "model of the agreement between Iraq and Jordan and the establishment of a joint industrial zone, More and activate border ports and provide all the facilities and facilities for investors. "

For his part, the Kuwaiti minister of trade said, "The Emir of Kuwait affirms Kuwait's support for the stability and reconstruction of Iraq, the success of the Iraqi government's plans, the desire to raise the level of trade exchange, the private sector and the establishment of partnership relations between the two countries.

The obelisk 

http://almasalah.com/ar/news/164388/عبد-المهدي-العلاقات-التي-تربط-العراق-والكويت-استثنائية

 

[Butifldrm]

Abdul Mahdi: Iraq and Kuwait a great opportunity for economic cooperation

20:26 - 20/02/2019

 

  

Information / Baghdad

Prime Minister Adel Abdul-Mahdi said on Wednesday that Iraq and Kuwait have a great opportunity to cooperate economically and develop relations between the two countries.

"The relations between Iraq and Kuwait are exceptional and are dominated by cooperation, goodwill and a common desire to develop them in all fields that serve stability, development and economic prosperity," he said in a statement received by his media office.

"Iraq is moving steadily to overcome the difficulties of the past and the effects of devastating wars, and we have the task of building in cooperation with its brothers and establishing economic and trade partnerships for the benefit of our peoples and the region in general," he said during a meeting with Khalid al-Rowdan, minister of commerce and industry, The model of the agreement between Iraq and Jordan and the establishment of a joint industrial zone, and willingness to work with the State of Kuwait and to cooperate more and activate border ports and provide all the facilities and facilities for investors.

Abdul-Mahdi expressed his appreciation for the Amir's positions and wisdom and his support for increasing and expanding relations of cooperation with Iraq.

For his part, the Kuwaiti Minister of Trade conveyed the greetings of the Amir of Kuwait to the Prime Minister and his emphasis on Kuwait's support for the stability and reconstruction of Iraq and the success of the plans of the Iraqi government and the desire to raise the level of trade exchange and involve the private sector and establish partnership relations between the two countries. End 25 n

https://www.almaalomah.com/2019/02/20/389910/

[yota691]

Abdul-Mahdi declares Iraq's readiness to establish an industrial zone with Kuwait

 

money and business Economy News Baghdad Prime Minister Adel Abdul Mahdi said that Iraq is ready to work with Kuwait in accordance with the model of the agreement between Iraq and Jordan and the establishment of an industrial zone. "The relations between Iraq and Kuwait are exceptional and are dominated by cooperation, goodwill and a common desire to develop them in all fields that serve stability, development and economic prosperity," Abdul-Mahdi said during a meeting with Kuwaiti Trade Minister Khalid Al-Roudhan. He added that Iraq is moving steadily to overcome the difficulties of the past and the effects of devastating wars. We also have the task of building in cooperation with our brothers and establishing economic and commercial partnership for the benefit of our peoples and the region in general. He pointed to the model of the agreement between Iraq and Jordan. Border ports and provide all facilities and facilities for investors. For his part, the Kuwaiti Minister of Trade stressed the support of Kuwait for the stability and reconstruction of Iraq and the success of the plans of the Iraqi government, and the desire to raise the level of trade exchange and engage the private sector and establish relations of partnership between the two countries and the two neighboring peoples. Views 83   Date Added 02/20/2019

[yota691]

Breaking the deadlock between the agenda of the visit of the Kuwaiti Minister of Commerce to Baghdad

 

 

Baghdad - NRT
 

KUWAIT: Kuwaiti Minister of Trade Khalid Al-Roudhan said on Wednesday that his country is working to overcome all obstacles to the resumption of trade relations with Iraq.

"The visit of the Kuwaiti delegation to Iraq after its victory over terrorism comes to open the economic and commercial door between the two countries," said Al-Rawdan, who arrived in Baghdad today at the head of an economic delegation during a press conference with his Iraqi counterpart Mohammed al-Ani.

He pointed out that "the trade figures between the two countries do not reflect the size of the strong relationship and we are working to overcome the obstacles and link the private sector of Kuwait and Iraq."

He pointed out that the two parties have all the possibilities and opportunities, but "we need the real will between the two countries," stressing that there are directives by the Emir of Kuwait and the Prime Minister of Kuwait to overcome all obstacles and the resumption of trade relations between the two countries.

He added that the Kuwaiti delegation discussed with the Iraqi officials all aspects of economic and trade, and there are meetings with the three presidencies.

For his part, described Iraqi Trade Minister Mohammed Hashim al-Ani, the visit of the Kuwaiti delegation that "came to break the barrier and the stalemate between the two parties."

He said that the visit of the Kuwaiti delegation to Iraq has been planned since the ministry's ascension, indicating that the two sides will discuss a lot of files, and that the aim of the visit is to raise the president's trade between the two countries.

He pointed out that the Kuwaiti delegation has several meetings, including with the three presidencies, and the visit will witness the exchange of agreements between the two countries.

He stressed that Iraq has begun to open up to the global market and the free economy. "Our goal in the government program is to increase the trade volume with the countries of the world and with the neighboring countries in particular," adding that "Iraq's commercial and economic relationship with Kuwait is old and we hope it will return to its past."

Al-Ani concluded by saying: "Kuwait has embraced earlier the conference of reconstruction of Iraq and this gives an impression of the seriousness of Kuwait in cooperation in all aspects, including trade and cooperation by rail, ports and border crossings."

[yota691]

On 2/19/2019 at 6:00 PM, Pitcher said:

Decent news but it’s a small deal.

It's more about the integrated payment system being applied to prevent corruption...an GM DV

[yota691]

A year after Kuwait conference, Iraq is no closer to reconstruction

 

Big promises have yielded intangible outcomes, espousing wide distrust in the next phase of Iraqi reconstruction.

Sunday 17/02/2019

Still to be rebuilt. An Iraqi pushes a cart past rubble of what was a seven-storey building in Mosul, January 13. (AFP)

The official proclamation of the defeat of the Islamic State (ISIS) was loudly celebrated throughout Iraq and even in Washington but a place untouched by such optimism is Mosul and its surrounding cities, which are now mountains of post-war rubble.

France pledged 1 billion euros ($1.13 billion) to help Iraq’s reconstruction when French Foreign Minister Jean-Yves Le Drian visited Baghdad January 14. The French gesture comes almost one year after donor countries pledged $30 billion to rebuild Iraq.

Pledges at the International Conference for Reconstruction of Iraq, last February in Kuwait, have fallen short of delivering the turnaround or urban renewal of neighbourhoods, green spaces and mosques as existed prior to ISIS’s capture of Iraq’s second largest city.

The pledges, proposed by the assembly of representatives from 76 countries and global institutions, have translated into very little on the ground. Doubts over the disbursement of funds and execution of projects remain high.

Beyond platitudes and requests for assistance to generate the $88 billion required, Baghdad has not responded to the lack of deliverance. Its allies, however, have been irrepressibly vocal about rebuilding the country. Turkey reiterated its preparedness to “contribute to infrastructure” in Iraq, the European Union pledged more than $450 million and Jordan expressed hope of breathing life back into its own construction sector by vying for contracts alongside Baghdad’s favoured foreign associates.

Iraqi Minister of Foreign Affairs Mohamed al-Hakim volunteered to establish an interagency committee to oversee the management of the $30 billion raised and to rally investors from across the globe.

The committee is either laying low or has had no projects to oversee as more of Mosul’s features fade into debris as was the fate of Mosul’s seven-storey building — one of the lost gems designed by renowned architect Rifat Chadirji. Other heritage sites, some dating to the ninth century, may follow suit without the dedicated will to breathe life into dilapidated structures.

Like its fall, Mosul’s “victory” ushers in new dangers and old actors.

Armed groups are eager to control any cash flow in these areas.

Foreign firms are eyeing contracts and tenders, that — as has become the unofficial norm — are sealed with colossal kickbacks and bribes. Another concern is the feasibility of conducting business in a context where no local authority exists and where security is not guaranteed, as shown by insurgents who carry out sporadic attacks in nearby Kirkuk.

Militias drawn from Iraq’s Popular Mobilisation Forces (PMF) control important routes into the city, policing every product and body that pass through. This is a battleground that donors are in no position to navigate or contest.

It is unclear when the responsibility for Mosul will be handed to a new Mosul police force. One source inside the old city said “local and small businesses are at a greater risk now, harassed or extorted by forces belonging to the [PMF] forced to pay taxes for sufficient protection and back-up.”

Funding mobilised by the World Bank reconstruction project in 2015 has contributed only modestly to small projects in war-devastated territories, mainly the rebuilding of bridges, basic infrastructure and connectivity.

Mosul’s airport, residential districts, market squares and hospitals were all crushed under the weight of the war on ISIS but few allocations within the Iraqi budget for this year offer safeguards that these areas receive the attention they desperately need.

Big promises have yielded intangible outcomes, espousing wide distrust in the next phase of Iraqi reconstruction. Also under suspicion are the motives of Kuwait. It has demanded the resumption of reparation payments from Iraq over damages incurred as a result of Saddam Hussein’s invasion of Kuwait 28 years ago.

In November, the UN Compensation Commission announced an outstanding sum of $4.5 billion that Iraq is expected to pay. Kuwait has not published a detailed breakdown of the pledges or their terms, which were presented at the summit.

Many of the pledges were in the form of loans from the World Bank, the European Union and others but offered at enormous interest rates. The quick-fix solution such loans offer will, however, hold Iraq’s future ransom.

Written ByNazli Tarzi

Nazli Tarzi is an independent journalist, whose writings and films focus on Iraq’s ancient history and contemporary political scene.

[yota691]

Iraq and Kuwait sign a memorandum of joint bilateral cooperation in all fields

 

Thursday 21 February

 

 

Alsumaria News / Baghdad  announced that the Iraqi Ministry of Trade, Thursday, has signed with Kuwait , a report of the joint bilateral cooperation in all fields, noting the agreement on the mechanisms of economic integration and resolving the outstanding problems between the two countries.  The ministry said in a statement received by Alsumaria News, a copy of it, " Iraq andKuwait signed a memorandum of bilateral cooperation in all areas, and agreed on mechanisms for economic integration and resolving the outstanding problems between the two countries."     "The Iraqi-Kuwaiti agreement is a first step in the right direction to activate economic and trade relations and overcome the problems of the previous stage," the ministry said.

[Officiallytook]

2 hours ago, yota691 said:

Written ByNazli Tarzi

Nazli Tarzi is an independent journalist, whose writings and films focus on Iraq’s ancient history and contemporary political scene.

👀👀👀👆👀👀👀

[Laid Back]

The agreement between Iraq and Kuwait  is the first step in the right direction to activate economic and trade relations and overcome the problems of the previous stage.

 

Iraq is signing agreement with many countries. They’re moving to an open market economy.

 

Looks like this could be our year.

 

Go open market economy 

Go agreements 

Go RV

Go $1:1

[Jaygo]

1 hour ago, Laid Back said:

The agreement between Iraq and Kuwait  is the first step in the right direction to activate economic and trade relations and overcome the problems of the previous stage.

 

Iraq is signing agreement with many countries. They’re moving to an open market economy.

 

Looks like this could be our year.

 

Go open market economy 

Go agreements 

Go RV

Go $1:1

No no no LB... This could be our month not year!!! MONTH!!!! 😭

[Pitcher]

Kuwait, Iraq continue enhancing ties, focus on trade

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Despite the war fought between the two countries about three decades ago, Iraq and Kuwait have been keen to develop relations on various levels. Kuwait has been a major player in encouraging states to help Iraq to reconstruct cities that the latter could liberate of ISIS.

Moreover, Iraqi officials including the president and the parliament speaker held talks on Wednesday and Thursday over bolstering trade relations between the two brotherly states.

Salih's meeting

Iraqi President Barham Salih called for following up on resolutions of the Kuwait-hosted international conference on rebuilding Iraq, praising Kuwait's aid for the relocated Iraqis and rebuilding war-damaged regions in the country, KUNA reported.

Salih, during a meeting with visiting Kuwaiti Minister of Commerce and Industry Khaled al-Roudhan on Wednesday, called for bolstering trade ties between the two countries.

The president also noted the necessity of broadening cooperation at this level for serving the two brotherly peoples' interests.

Iraq seeks "openness" with Arab, regional and foreign countries in the economic and industrial fields, he added.

For his part, Roudhan affirmed Kuwait's determination to promote ties with Iraq, as well as Kuwaiti companies' readiness to invest in the country and contribute to overhauling the infrastructure.

Halbousi's meeting

Iraqi Parliament Speaker Mohamed al-Halbousi on Thursday declared the legislative authority support for elevating the level of commercial ties between his country and Kuwait, KUNA reported.

The parliament speaker, during a meeting with Kuwaiti Minister of Commerce and Industry Khalid al-Roudhan, assured his guest that the lawmakers would bless agreements between the Iraqi and Kuwaiti governments.

Halbousi added that the legislators, along with political forces, are keen on tackling all files that may hamper development of commercial cooperation between Kuwait and Iraq.

He praised the significant support by Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber for Iraq's war on terrorism and other key issues, such as resolving the plight of the displaced and reconstructing the country.

For his part, Roudhan called for lifting the level of commercial cooperation between the two neighboring states, expressing his opinion that the hurdles facing such an approach were trivial and could be handled.

Roudhan arrived in Baghdad on Wednesday to discuss means of promoting bilateral commercial relations.

Ani's meeting

Iraq's Trade Minister Mohamed Hashim al-Ani announced on Thursday signing an agreement with his Kuwaiti counterpart Roudhan for bilateral cooperation in all fields.

Iraq and Kuwait signed a memorandum of bilateral cooperation in all fields and have agreed on mechanisms for economic integration and resolving the outstanding problems between the two countries, the Iraqi ministry said in a statement.

Ani said that the Iraqi-Kuwaiti agreement is a first step in the right direction toward activating economic and trade relations and overcoming the problems of the previous stage.

Roudhan said on Wednesday that his current visit to Iraq aims to eliminate any hurdles that could encumber the progress of bilateral trade ties.

The Kuwaiti minister’s remarks came amid talks with Ani, where he pointed out that Baghdad now seeks economic prosperity after ridding its soil of terrorism. He said bilateral trade remains unsatisfactory, citing a genuine Kuwaiti desire to improve relations in that field, while time is now ripe to accomplish that goal.

The Iraqi minister welcomed the prospect of establishing a joint free trade zone with Kuwait, describing it as a measure that would rejuvenate bilateral trade. He said the Kuwaiti minister’s visit will prove instrumental in propelling ties to new heights.

Kuwait’s commerce minister arrived in Baghdad earlier on Wednesday heading an official delegation on a two-day official visit.

 

https://www.thebaghdadpost.com/en/Story/36573/Kuwait-Iraq-continue-enhancing-ties-focus-on-trade

 

 

[Pitcher]

Halbousi affirms support to boost trade level with Kuwait

FacebookTwitterGoogle+EmailWhatsApp

 

 

Iraqi Parliament Speaker Mohamed al-Halbousi on Thursday declared the legislative authority support for elevating the level of commercial ties between his country and Kuwait, KUNA reported.

The parliament speaker, during a meeting with Kuwaiti Minister of Commerce and Industry Khalid al-Roudhan, assured his guest that the lawmakers would bless agreements between the Iraqi and Kuwaiti governments.

Halbousi added that the legislators, along with political forces, are keen on tackling all files that may hamper development of commercial cooperation between Kuwait and Iraq.

He praised the significant support by Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber for Iraq's war on terrorism and other key issues, such as resolving plight of the displaced and reconstructing the country.

For his part, Roudhan called for lifting the level of commercial cooperation between the two neighboring states, expressing his opinion that the hurdlers facing such an approach were trivial and could be handled.

Roudhan arrived in Baghdad on Wednesday for discussing means of promoting the bilateral commercial relations.

 

 

https://www.thebaghdadpost.com/en/Story/36572/Halbousi-affirms-support-to-boost-trade-level-with-Kuwait

[keylime]

Time is now Ripe to RI/RV!!! Propelling the IQD to New Heights!!!