Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Soon ... the largest commercial exchange between Saudi Arabia and Iraq


yota691
 Share

Recommended Posts

 
12946.jpg
 
  

 money and business


Economy News _ Baghdad

The volume of trade exchange between the Iraqi economy and Saudi Arabia, 5.4 billion dollars in 10 years. 
"The volume of trade exchange between the Iraqi economy and Saudi Arabia reached 5.4 billion dollars during the last ten years," said Al Mazaya Holding, a weekly real estate report. 
The report noted that "these figures are expected to rise in light of the progress recorded on the current commercial and investment movement in the near future."


Views 15   Date Added 11/02/2019

 
  • Thanks 2
  • Upvote 3
Link to comment
Share on other sites

Halabousi to his Kuwaiti and Saudi counterparts: the need to encourage investors to invest in Iraq

07:35 - 10/02/2019

 
image
 
 

BAGHDAD (Reuters) - 
Mohammed al-Halbusi, chairman of the House of Representatives, met with his Kuwaiti counterpart Marzouq Ali al-Ghanim and Saudi Arabia's Abdullah bin Mohammed bin Ibrahim al-Sheikh on Sunday to encourage investors to invest in Iraq. 
The media office of the Speaker of the House of Representatives, in a statement received / Mawazine News / a copy, that "Halbusi, met with the President of the Shura Council on the sidelines of his participation in the Arab Parliaments Conference, Abdullah bin Mohammed bin Ibrahim Al-Sheikh." 
"The meeting reviewed the bilateral relations between the two countries, ways of enhancing cooperation and coordination in the parliamentary field, as well as unifying positions in parliamentary forums at the Arab and international levels," the statement added.
Al-Halaboussi also met with his Kuwaiti counterpart Marzouq Ali Al-Ghanim. He discussed with him a number of issues and issues of mutual interest, activating the parliamentary friendship committees between the two countries and activating cooperation between Iraq and Kuwait. 
"The importance of expanding the horizons of cooperation in all areas, especially the reconstruction file by encouraging investors to invest in Iraq; to rebuild the destroyed cities and underserved areas, as well as contribute to the efforts of the return of displaced persons and stability."

  • Thanks 1
  • Upvote 3
Link to comment
Share on other sites

  • yota691 changed the title to Soon ... the largest commercial exchange between Saudi Arabia and Iraq

Soon ... the largest commercial exchange between Saudi Arabia and Iraq

2022019562221%D8%A7%D9%84%D8%B3%D9%81%D9
 
Baghdad - NRT
 
Saudi Arabia's ambassador to Iraq, Abdul Aziz al-Shammari, said Wednesday that Saudi Arabia intends to open the largest trade exchange on its northern border with Iraq over the next four months. 
Al-Shammari said in a press statement: "The Saudi-Iraqi Coordination Council will be held in the Iraqi capital Baghdad next March, and is expected to sign many agreements and the launch of several projects between the two countries on the sidelines of the meeting."
Al-Shammari added that "Saudi-Iraqi relations are at their best," revealing that "there are close visits of Iraqi officials to Saudi Arabia."
"Visas will be granted to Iraqis from Baghdad within the next two months and the official opening of the Saudi consulate there," he said. 
Regarding the Arar border crossing between the two countries, Shammari said: "We expect the opening of the port officially in June." He pointed out that "Saudi Arabia has pledged to build a full Iraqi port and equipped with all the requirements of any port, infrastructure, office and technical equipment, and inspection devices, and within four months will be ready."
Al-Shammari said: "The border port with Iraq will contain the largest trade exchange between the two countries, and will be on the Saudi side," noting that "with the opening of the port all the goods imported by Iraqi traders from Saudi Arabia will cost less, instead of entering through neighboring countries will enter this Goods directly, as will be reflected on the economic movement within Iraq. " 
He added: "The Iraqis can also use Saudi ports on the Red Sea in the export and import operations from Europe and Africa, and will be the road to Hajj and Umrah is open throughout the year through this port, and the neighboring countries of Iraq will benefit through the passage of pilgrims and Umrah through this port to Mecca and Medina "He said.
  • Thanks 3
  • Upvote 7
Link to comment
Share on other sites

29 minutes ago, Laid Back said:

In the next four month from a closed economy to an open market economy 

 

- Bilateral trade with Saudi Arabia 

- Bilateral trade with Iran using dinar or euro.

- Agreement with other countries India, UK, USA, Canada, Germany..

 

Go open market economy 

Go growth 

Go RV

 

 

 

 

 

 

Looking more and more like the stars are aligning just right for all of us.

 

  Thxs LB.

 

   pp

  • Like 1
  • Thanks 1
  • Upvote 6
Link to comment
Share on other sites

4 hours ago, pokerplayer said:

 

 

Looking more and more like the stars are aligning just right for all of us.

 

  Thxs LB.

 

   pp

Totally agree my friend pp,

The open market economy will allow people to buy goods and services within its economy and to buy goods and services provided by firms outside of its borders.

One result of this is that it can import deflation and inflation which impacts monetary policy.

 

Go open market economy 

Go dinar international 

Go RV

Go $1:1

 

 

  • Like 3
  • Thanks 2
  • Upvote 2
Link to comment
Share on other sites

5 hours ago, Laid Back said:

In the next four month from a closed economy to an open market economy 

 

- Bilateral trade with Saudi Arabia 

- Bilateral trade with Iran using dinar or euro.

- Agreement with other countries India, UK, USA, Canada, Germany..

 

Go open market economy 

Go growth 

Go RV

 

 

 

 

Feeling the same way there LB. 

  • Thanks 2
  • Upvote 2
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.