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Saudi ministers agree to memoranda of understanding with Iraq in several areas


yota691
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Halabousi: keen to provide all legislation to develop investment with Saudi Arabia

2019/04/04 15:40

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BAGHDAD - The Speaker of the Chamber of Deputies Mohammed Al Halbusi received on Thursday (April 4th, 2019) the Saudi delegation participating in the second session of the Iraqi-Saudi Coordination Council headed by the Minister of Trade and Investment Majid Al-Qasabi.

The meeting also discussed memorandums of understanding, which outline bilateral cooperation in various fields between the two countries, as well as the investment projects to be established in Iraq, "the statement said.

Al-Halbusi stressed "the keenness of the Iraqi Council of Representatives to provide all legislation and laws with the aim of developing the investment and commercial sector and in a way that strengthens bilateral relations with the Saudi side."

For his part, the Saudi delegation expressed "its support for the revitalization and strengthening of the partnership in various fields between Iraq and Saudi Arabia. The delegation also expressed great pleasure for the return of stability and safety to the country, and the reflection on the whole of daily life and the recovery of the wheel of economy and investment."

http://almasalah.com/ar/news/168013/الحلبوسي-حريصون-على-توفير-جميع-التشريعات-لتطوير-الاستثمار-مع-السعودية

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Saleh: Iraq looks forward to building distinguished relations with Saudi Arabia

2019/04/04 14:31

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The President of the Republic, Barham Salih, affirmed on Thursday, April 4, 2019, that the brotherly relationship between Iraq and Saudi Arabia has historical roots and is growing steadily and steadily in line with the aspirations of the leaders and peoples of the two brotherly countries.

Saleh said during a meeting with the Saudi delegation participating in the second session of the Iraqi-Saudi Coordination Council, headed by Minister of Trade and Investment Majid al-Qasabi at the Peace Palace in Baghdad, that "Iraq is keen to build Special relations with the Kingdom and the rest of his brothers and neighbors in accordance with common interests. "

Saleh praised "Saudi Arabia's positions as a king and people supporting the Iraqi people, and the Kingdom's contribution to the reconstruction of its liberated cities and the assistance of refugees and displaced persons."

Saleh explained that "Iraq after the victory victory over terrorism represented by bandits, has become a magnet for investors, especially that the prospects for investment in it has become promising for its openness to the world and good relations with many countries."

On their part, members of the Saudi delegation expressed their deep gratitude to "Saleh and his great role in consolidating relations between the two brotherly peoples, stressing the readiness of Saudi businessmen and companies to contribute effectively and influential in the reconstruction of Iraq."

"The meeting discussed the bilateral relations between the two countries and means of upgrading them in various fields, as well as reviewing the results of the meetings of the second session of the Coordination Council between Iraq and the Kingdom and the agreements resulting therefrom," the press office said.

http://almasalah.com/ar/news/168009/صالح-العراق-يتطلع-الى-بناء-علاقات-مميزة-مع-السعودية

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National Congress: Iraqi-Saudi rapprochement will enhance stability

2019/04/04 13:55

 

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BAGHDAD / The obelisk: The leader of the Iraqi National Congress Party Mohammed al-Musawi, Thursday, April 4, 2019, the Saudi-Saudi rapprochement will strengthen stability and help resolve the file of international commitments.

"We hope that the Kingdom of Saudi Arabia and all the countries of the region, based on the principle of good neighborliness and reciprocity, will play a positive role in promoting stability in Iraq and supporting reconstruction and security efforts," Moussawi said in a statement.

He added that "the aspiration of a strong sovereign Iraq is a fact that is not imposed on all political forces to avoid going into the regional axes and conflict of interests and impose wills and work to achieve balance in attitudes and deal with the value of the state, not the value of the party and religion and the community."

He stressed that "the openness of Iraqi diplomacy towards the region and the world, requires resolving the file of international commitments to contribute to the reconstruction efforts, including the obligations of the Kuwait Conference, and not only the procedures and visits formal non-productive."

http://almasalah.com/ar/news/168006/المؤتمر-الوطني-التقارب-العراقي-السعودي-سيعزز-الاستقرار

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2019/04/04 13:08
 

Iraqi ambassador to Riyadh reveals gains from agreements with Saudi Arabia

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BAGHDAD - The Iraqi ambassador to Riyadh, Qahtan al-Janabi, revealed on Thursday (April 4, 2019) the gains made by the visit of the Saudi delegation to the Iraqi capital Baghdad.

"The presence of a high-ranking Saudi delegation in Baghdad underscores the determination of the two countries to move forward towards a comprehensive economic, trade and investment partnership," Al-Janabi said in a press statement. "He said.

Al-Janabi said that "this visit aims to move forward to achieve a great deal of comprehensive cooperation and joint action," noting that "the two sides are looking to create an atmosphere of cooperation and increase investment and trade exchange."

"The visit of a large delegation of 100 members is the first of a Saudi delegation at this level in 30 years," he said.

http://almasalah.com/ar/news/168004/السفير-العراقي-لدى-الرياض-يكشف-المكاسب-المتحققة-من-الاتفاقيات-مع-السعودية

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2019/04/04 12:56

 

The relationship with Saudi Arabia is strategic and Iraq is balancing its interests

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BAGHDAD (AFP) - Foreign Ministry spokesman Ahmad al-Sahaf said on Thursday that the relationship with Saudi Arabia is "strategic," noting that Iraq is "balancing and strong" to build its interests. Mohammed Ali Hakim.

"The relationship with Saudi Arabia is strategic, and Iraq is balancing its power to build its interests," Sahaf said in a statement to the obelisk. "What is important to us is to implement what we agree on and our efforts with the various ministries of the Iraqi state are integrated to achieve that."

He explained that "the volume of international and Arab demand for Iraq is a realistic indication that Iraq has become central to the region."

For his part, the Minister of Oil, Thamer Al-Ghadhban, said that the sports site presented as a gift from Saudi Arabia will be in Basmaya, south of Baghdad. He said during a joint press conference with Saudi Trade Minister Majid al-Kasabi in Baghdad today that "the sports site presented as a gift from King Salman Bin Abdul Aziz will be in Basmaya, south of Baghdad. "

In his comments on the agreements of the Iraqi-Saudi Coordination Council, al-Ghadhban said that "Prime Minister Adel Abdul-Mahdi will sign soon in Riyadh memorandums of understanding that came out of the Council." He pointed out that "the committees completed the preparation of the files of understanding that will be signed in Riyadh, The Council and members of the committees reviewed their findings, and these records were signed between the two sides. "

While the Saudi Minister of Trade and Investment, Majid al-Kasabi, that Iraq gave 186 investment opportunities for Saudi companies, during the visit of the Saudi delegation to Baghdad, adding that "will be the establishment of a free trade area common between the two countries."

"It was agreed to form a joint Saudi-Iraqi business council to exchange investment opportunities between the two countries and will be signed during Abdul Mahdi's visit to Riyadh," Al-Qasabi said at a joint press conference.

The Saudi delegation arrived earlier Wednesday evening to Baghdad for talks between the Iraqi and Saudi coordinating committees. Saudi Arabia's Minister of Trade and Investment Majid al-Kasabi revealed fruitful results soon to be reached between Iraq and Saudi Arabia, including the visa and representation file Diplomat.

http://almasalah.com/ar/news/168001/الخارجية-العلاقة-مع-السعودية-استراتيجية-والعراق-يمضي-بتوازن-لمصالحه

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2019/04/04 12:12
 

Opening the building of the Saudi consulate in Baghdad in the presence of Mohammed al-Hakim

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The Ministry of Foreign Affairs announced on Thursday the opening of the building of the Saudi consulate in Baghdad in the presence of Minister Mohammed Ali al-Hakim.

"The consulate building of the Kingdom of Saudi Arabia opened in Baghdad in the presence of Foreign Minister Mohammed Ali al-Hakim," ministry spokesman Ahmad al-Sahaf said in a statement.

He described the relationship with Saudi Arabia as "strategic", stressing that "Iraq is going to balance and strength to build its interests."

Saudi Arabia is preparing to open its consulate in Baghdad and announced preparations for the opening of three consulates in Iraqi provinces, Saudi Trade Minister Majid al-Kasabi said after arriving in Baghdad on Wednesday, heading a large official and commercial delegation.

http://almasalah.com/ar/news/167994/افتتاح-مبنى-القنصلية-السعودية-لدى-بغداد-بحضور-محمد-الحكيم

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2019/04/04 09:43

 

Saudi Arabia gives Iraq one billion dollars and is preparing to sign 13 agreements with him

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BAGHDAD (Reuters) - Saudi Arabia has pledged a $ 1 billion grant to build a sports city in Baghdad at the start of a two-day visit by senior Iraqi officials aimed at boosting ties between the two countries.

"King Salman will give a $ 1 billion grant to Iraq to build a sports city," Saudi television said.

For his part, said the Saudi Minister of Investment Majid bin Abdullah al-Kasabi, "There are 13 agreements ready to sign and work at the border crossing Arar border linking Iraq to Saudi Arabia will be completed within six months."

A Saudi economic delegation comprising the energy and investment ministers arrived in Iraq on Wednesday to attend the second meeting of the Saudi-Iraqi Coordination Council, an initiative launched in 2017 to develop relations between the two neighboring countries.

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Abdul Mahdi: Iraq and Saudi relations cornerstone of the region and neighboring countries

Political | 10:07 - 04/04/2019

 

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BAGHDAD (Reuters) -  
Prime Minister Adel Abdul Mahdi said on Thursday that Iraq's policy focused on the many participants with Saudi Arabia and all neighboring countries. 
"The Prime Minister, Adel Abdul Mahdi, received the delegation of the Kingdom of Saudi Arabia under the chairmanship of Majid bin Abdullah Al Qasabi, Minister of Trade and Investment, and the delegation of the Iraqi-Saudi Coordination Council," Abdul Mahdi said in a statement received by Mawazine News. 
"The Iraqi government's determination to establish the best relations between the two peoples and the brotherly countries of Iraq and Saudi Arabia to achieve the best interests of the two countries and constitute a cornerstone of relations in the region on the basis of interests," Abdul Mahdi said during the statement. Many that unite our peoples and our nations. "
He stressed Iraq's keenness to expand its relations with its Arab and regional environment and adopt a policy focusing on the many participants and opportunities for cooperation in all fields and looking forward to achieving them in the ongoing talks in Baghdad and during his upcoming visit to Saudi Arabia. 
For his part, the head of the Saudi delegation expressed his happiness and the large delegation accompanying him to visit Iraq and the Iraqi Coordination Council in Baghdad, which embodies the serious desire to develop relations between Iraq and Saudi Arabia " 
Al-Qasabi conveyed" greetings of the Saudi King and Crown Prince to Abdul Mahdi and their development to achieve Iraq more success and development and stability , And the Saudi leadership's assertion that Iraq is not only a neighboring country, but a brother country, we are keen to cooperate with him and appreciate the sacrifices of his people. "
The meeting reviewed the work of the Iraqi-Saudi Coordination Council and the ongoing discussions between the ministers and officials of the two countries in various sectors and the progress witnessed in the interests of the two countries. 
The Saudi delegation includes the ministers of culture, environment, water, agriculture, energy, industry and mineral wealth, education, media, the state for the Arab Gulf, the General Authority for Customs, Public Transport and Foreign Trade; officials from the Ministries of Interior, Foreign Affairs and Intelligence; Baghdad .
The meeting was attended by the Minister of Oil, Deputy Prime Minister for Energy Thamer Ghadhban, Ministers of Higher Education and Scientific Research, Industry and Minerals, Culture, Planning and Development Cooperation, Agriculture, Transport, Investment Authority, Central Bank, Undersecretaries of Ministries of Finance, Defense and Interior and Secretary General Council of Ministers and a number of advisers, and the Iraqi ambassador in Riyadh. 
The meeting was also attended by a number of businessmen and investors from both countries. 
Ended

 

https://www.mawazin.net/Details.aspx?jimare=41256

 

Edited by 6ly410
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2019/04/04 22:08

 

Abdul Mahdi: Our policy focuses on the many participants with Saudi Arabia

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BAGHDAD (Reuters) - Prime Minister Adel Abdul Mahdi said on Thursday that Iraq's policy focused on the many participants with Saudi Arabia and all neighboring countries, pointing out the Iraqi government's determination to establish the best relations between the two peoples and brotherly countries.

"Prime Minister Adel Abdul Mahdi received the delegation of Saudi Arabia headed by Majid bin Abdullah al-Qasabi, minister of trade and investment, and the delegation of the Iraqi-Saudi Coordination Council," Abdul Mahdi's office said in a statement.

"The Iraqi government's determination to establish the best relations between the two peoples and the brotherly countries of Iraq and Saudi Arabia to achieve the best interests of the two countries and constitute a cornerstone of relations in the region on the basis of interests," Abdul Mahdi said during the statement. Many that unite our peoples and our nations. "

"Iraq is keen to expand its relations with its Arab and regional environment and adopt a policy that focuses on the many participants and the opportunities for broad cooperation in all fields and aspires to achieve them in the ongoing talks in Baghdad and during his upcoming visit to Saudi Arabia," he said.

For his part, the head of the Saudi delegation expressed his happiness and the large delegation accompanying him to visit Iraq and the Iraqi Coordination Council in Baghdad, which embodies the serious desire to develop relations between Iraq and Saudi Arabia.

"The greetings of Saudi King and Crown Prince to Abdul Mahdi and their development in achieving Iraq more success, development and stability, and the confirmation of the Saudi leadership that Iraq is not only a neighboring country but a brother country, we are keen to cooperate with him and appreciate the sacrifices of his people."

The meeting reviewed the work of the Iraqi-Saudi Coordination Council and the ongoing discussions between the ministers and officials of the two countries in various sectors and the progress witnessed in the interests of the two countries.

The Saudi delegation includes the ministers of culture, environment, water, agriculture, energy, industry and mineral wealth, education, media, the state for the Arab Gulf, the General Authority for Customs, Public Transport and Foreign Trade; officials from the Ministries of Interior, Foreign Affairs and Intelligence; Baghdad .

The meeting was attended by the Minister of Oil, Deputy Prime Minister for Energy Thamer Ghadhban, Ministers of Higher Education and Scientific Research, Industry and Minerals, Culture, Planning and Development Cooperation, Agriculture, Transport, Investment Authority, Central Bank, Undersecretaries of Ministries of Finance, Defense and Interior and Secretary General Council of Ministers and a number of advisers, and the Iraqi ambassador in Riyadh.

The meeting was also attended by a number of businessmen and investors from both countries

http://almasalah.com/ar/news/168048/عبد-المهدي-سياستنا-تركز-على-المشتركات-الكثيرة-مع-السعودية

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Saudi investment in Iraq boast bilateral ties, can curb Iran's influence

 

Saudi Arabia intends to invest $1 billion in development projects in Iraq and open a consulate in the capital, reversing a longstanding policy of disengagement there as it seeks to curb Iran’s growing influence in the Middle East, Bloomberg reported.

A Saudi ministerial and business delegation is in Iraq this week to discuss investment ideas for some of the kingdom’s biggest companies, including oil giant Aramco, Saudi Basic Industries Corp. and the Maaden mining corporation, Saudi Commerce and Investment Minister Majid Al-Qasabi said in Baghdad. Memorandums of understandings will be signed in the near future, he said.

Riyadh opened a consulate in the Iraqi capital on Thursday and will open three others in different provinces at a later time to facilitate visa procedures, Qasabi said. It will also build a sports city as a “gift to Iraqis,” he said at a joint news conference with Iraq’s oil minister, Thamir Al-Ghadhban.



Policy Reversal

Saudi Arabia’s pivot to Iraq is motivated by Riyadh’s conclusion that shunning neighboring countries created a void quickly filled by Iran, said Sami Nader, director of Beirut-based Levant Institute. Predominantly Sunni Saudi Arabia and Shiite Iran are vying for influence in the region as they fight proxy wars in Syria and Yemen.

Riyadh, which reopened an embassy in Baghdad in 2015 after a 25-year absence, is also seizing an opportunity that’s opened over growing discontent in Iraq with Iran’s clout. Protesters have been demonstrating against substandard services, corruption and poor governance, and last year in the southern city of Basra set fire inside the Iranian consulate.

The Saudi delegation visited Baghdad just a few weeks after Iran’s President Hassan Rouhani met with officials there in an attempt to cement his country’s influence in Iraq, which has been growing ever since the U.S. invasion of 2003 toppled President Saddam Hussein.

 

https://www.thebaghdadpost.com/en/Story/38040/Saudi-investment-in-Iraq-boast-bilateral-ties-can-curb-Iran-s-influence

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Iraqi National Congress lauds opening Saudi consulate in Baghdad

 

The Iraqi National Congress party welcomed the opening of the Saudi consulate in Baghdad, stressing the importance of Iraqi-Saudi cooperation in promoting stability in Iraq.

"We hope that the Kingdom of Saudi Arabia and all the countries of the region will have a positive role in promoting stability in Iraq and strengthening the efforts of reconstruction and security [achievement]," said Mohamed al-Musawi, a leader in the party.

The aspiration of a "strong" Iraq with "real sovereignty" requires all political forces to act in accordance with the value of the state, not the values of a "party, religion and sect," Musawi added.

Saudi Arabia opened a new consulate inBaghdad on Thursday after announcing  $1 billion in loans for development projects in Iraq.

Three more diplomatic branches are to be opened in other Iraqi cities soon, Saudi Arabia’s Commerce and Investment Minister Majid bin Abdullah Al-Qassabi said.
 
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Iraqi Foreign Ministry says relations with Saudi Arabia 'steady', 'strategic'

FILE: Iraqi Minister of Foreign Affairs Dr. Mohamed Ali Alhakim

The Iraq Ministry of Foreign Affairs announced Thursday that relations with Saudi Arabia are “steady and strategic,” pointing out that Iraq is moving with “balance and strength,” to seek its interests.

A statement by Foreign Ministry Spokesman Dr. Ahmad Al-Sahaf said the volume of international and Arab demand to build relations with Iraq indicates the country’s pivotal role in the region.

“What is important to us is to implement what we agree on and to consolidate our efforts with various ministries of the Iraqi state to achieve this," the statement said.

A powerful Saudi economic delegation started an official visit to Iraq on Wednesday.

At Baghdad International Airport, the seven-minister Saudi delegation was received by a number of Iraqi ministers and senior officials.

During two-day visit, the 2nd Saudi-Iraqi Coordination Council will be held under co-chairmanship of Dr. Majid bin Abdullah Al Qasabi, Minister of Commerce and Investment, and Iraqi Deputy Prime Minister for Energy Affairs and Minister of Oil Thamer Al-Ghadhban.

The two sides signed a number of memoranda of understanding on bilateral cooperation in various fields.

On the sidelines of the visit, the Saudi delegation will hold meetings with Iraqi President Barham Salih; Iraqi Prime Minister Adel Abdul Mahdi, and Speaker of Iraqi Council of Representatives Mohammed Al-Halboosi.
 
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Saudi review of Iraq with US support: consulates and financial grants
During the opening of the Saudi consulate in Baghdad yesterday (Ahmad al-Rubaie / AFP)
 
 

Saudi review of Iraq with US support: consulates and financial grants

 
Baghdad Mohammed Ali, dry peace

5 April 2019


The Saudi ministerial delegation, which has been visiting Baghdad since last Wednesday, has completed a package of investment and commercial offers , according to Iraqi officials, in favor of Iraq, which was welcomed by the Iraqi government and attacked by various political forces, most of them attributed to Iran. On previous agreements signed by Baghdad with Tehran. 

The Saudi delegation includes ministers of trade and investment Majid al-Qasabi, culture Badr bin Abdullah, environment, water and agriculture Abdulrahman al-Fadhli, energy and industry Khalid al-Faleh, education Hamad al-Sheikh, media Turki al-Shabana, state for Gulf affairs Thamer al-Sabhan, Counselor, Deputy Minister and dozens of government officials.

Saudi Arabia will announce grants and offers including assistance to Iraq during Abdul Mahdi's visit to Riyadh 

"

Following a series of meetings and meetings within the Green Zone in Baghdad, the two sides signed several memorandums of understanding and agreements, notably a memorandum of understanding on supplying Saudi Arabia with electricity, establishing a free trade zone on the border between the two countries and a memorandum of understanding to increase the number of consulates in Iraq to 4, Sources in the Iraqi Foreign Ministry for the "new Arab", that "be one of them in Najaf and another in Basra." A spokesman for the Iraqi Foreign Ministry Ahmed al-Sahaf, that Saudi Arabia opened yesterday a consulate in Baghdad. The agreements included a $ 1 billion grant to Iraq to build a sports stadium south of Baghdad. MoUs were also signed to support the reconstruction of liberated cities. According to the sources, "the Saudi side will announce grants and offers of assistance to Iraq during the visit of Prime Minister Adel Abdul Mahdi to Riyadhduring the next two weeks."

The Iraqi official in Baghdad, speaking with the "new Arab", on the sidelines of a meeting held Thursday morning at the hospitality in the Green Zone, that the Saudi movement inside Iraq comes "US payment , " noting that "Saudi Arabia's electricity supply to Iraq will pull the Iraqi government argument on the issue of commitment The government says that stopping the import of electricity from Iran means that the cities of the south will be flooded with darkness. This is a Saudi alternative to this argument, at a price that could amount to half of what Iraq paid to Iran. " He pointed out that "the visit is with Iran , and all agreements or memoranda of understanding relating to trade or investment in the energy field, and the issuance of visas and the opening of consulates in favor of Iraq , not Saudi Arabia, which is of course different from the agreements signed by Iraq with Iran, and was pouring in Saleh of the IraniansMore than Iraqis. "


The "New Arab" obtained information, confirming that a number of Iraqi officials demanded during a meeting with the Saudi ministerial delegation yesterday, not to make agreements signed or expansion of trade relations directed against a third party, in reference to Iran. A member of the Iraqi-Saudi Relations Committee for the "New Arab" said that "the government and many political parties are afraid that there will be political agendas that expect the Iraqis to embarrass with Iran and lead to additional tension on the internal Iraqi arena." He stressed that "Iraq signed a memorandum of understanding on the offer to import electricity from Saudi Arabia, as there is nothing to be rejected, especially with the reduced prices provided by Riyadh, which is much better than Tehran," while considering that the memorandum of understanding does not mean a final agreement. The Iraqi President Barham Salih, in a statement after a meeting with the delegation, that "
"The 
government and many political parties are afraid that there will be political agendas expect the Iraqis embarrassed with Iran 

"

The Iraqi political forces attacked the Saudi visit, while welcomed by other forces, as usual most of the Iraqi files related to neighboring countries , most of the interests of political and sectarian interests of Iraq. A member of the foreign relations committee in parliament, a member of the alliance, "Fatah", known close to Tehran Amer al-Fayez, "The $ 1 billion grant made by Saudi King Salman bin Abdul Aziz for Iraq, and other grants, not for God." He called on "Prime Minister Adel Abdul-Mahdi to send the text of the agreements signed with Riyadh to parliament to see it," pointing out that " things may evolve to requestThe hosting of the Prime Minister, in the event of any ambiguous points in the agreements. "Said Mansour al-Baiji leader of the coalition," State of Law, "which is headed by Nuri al-Maliki, the" new Arab ", it is" visit the interest is not welcome "He added:" Saudi Arabia entered Iraq from For an end we all know, and did not enter for Iraq. And the Saudi regime has destroyed Iraq by supporting extremism and terrorism, and unfortunately the current government welcomed them. "He added:" As a representative of the people I reject this visit and will send us pumpers instead of investments. "

A member of the alliance, "Saron" Salam al-Shammari, that "the visit is successful and welcome and we find it useful to Iraq, regardless of the rest of things." He added in an interview with "the new Arab", "will employ the visit in the employment of labor and the elimination of unemployment and open cooperation with the neighborhood after a break lasted about three decades." "The Saudi-Iraqi relationship has been stalled for 30 years and was tense as a result of Iraq's occupation of Kuwait," said Faleh al-Issawi, a member of the Axis alliance, who said that "Saudi Arabia is trying to compensate for the period of apathy with Iraq." Very striking during the Nuri al-Maliki's presidency of the Iraqi government. " He said in a press statement that "the Saudi-Iraqi rapprochement happened in 2017, during the period of Haidar al-Abadi, the presidency of the Iraqi government, Vabadi was very open to the Arab and regional society." He added Issawi that "

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Including Saudi Aramco, Saudi giant companies are preparing to enter the Iraqi market

Economy | 08:14 - 04/04/2019

 
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BAGHDAD - 
The Saudi Minister of Trade and Investment Majid al-Kasabi revealed on Thursday the readiness of four giant Saudi companies, representing the Saudi economy, to enter the Iraqi market strongly. 
"The four companies, Aramco, which is involved in the investment in a gas aggregation project, SABIC to invest in the construction of the petrochemical complex, and Ma'aden, to invest in phosphates, fertilizers and aluminum," Al-Gosaibi said. Aquapaz, to invest in a project to connect electricity and renewable energy projects. " 
The newspaper said, quoting Al-Gosaibi, that "these companies will enter into any investment project within its field, determined by the Iraqi side."

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04-04-2019 12:11 PM
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Baghdad

The Ministry of Foreign Affairs announced on Thursday the opening of the building of the Saudi consulate in Baghdad in the presence of Minister Mohammed Ali al-Hakim.

"The consulate building of Saudi Arabia opened in Baghdad today, in the presence of Foreign Minister Mohammed Ali al-Hakim," ministry spokesman Ahmad al-Sahaf said in a brief statement received by the news agency.

He described the relationship with Saudi Arabia as "strategic", stressing that "Iraq is going to balance and strength to build its interests."

 

 

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  • yota691 changed the title to Saudi Arabia opens Iraq consulate as ties improve
Saudi Arabia reopens consulate in Baghdad for the first time in nearly 30 years, a sign of improving ties between the two neighbors whose relations have been uneasy for some time.
Thursday 04/04/2019
 
Saudi diplomatic staff are seen during the inauguration of the new Saudi consulate compound in the high security "Green Zone" in the centre of the Iraqi capital Baghdad on April 4, 2019. 
Saudi diplomatic staff are seen during the inauguration of the new Saudi consulate compound in the high security "Green Zone" in Baghdad.

BAGHDAD - Saudi Arabia's trade minister announced a one-billion-dollar aid package for Iraq during a visit to Baghdad on Thursday, pledging stronger bilateral ties as the kingdom competes with rival Iran for influence over Iraq.

Majed al-Qasabi also inaugurated a new Saudi consulate in Baghdad, one of four planned branches to open in Iraq after decades of no diplomatic links between the two countries.

Speaking to reporters alongside Iraqi Oil Minister Thamer Ghadban, Qasabi said the relationship had entered "a new phase".

"There's no doubt that this exchange, this discussion, is a two-way street that will strengthen these ties," said Qasabi, wrapping up a two-day visit.

Saudi Arabia would provide Iraq with $1 billion in loans for development projects, said Qasabi, plus $500 million to boost exports and a gift of a 100,000-seat sports stadium to be built on Baghdad's outskirts.

A joint Saudi-Iraq business council also proposed dozens of opportunities in Iraq for Saudi private investors and a free trade zone along the desertic border between the two countries, he said.

Ghadban said the council had prepared "memoranda of understanding that will be signed in Riyadh during the upcoming visit of Iraq's prime minister."

He said the trip would take place in the "coming days," but Prime Minister Adel Abdel Mahdi is set to travel to Iran on Saturday.

Iraq is caught in a tug-of-war over influence pitting Iran against the United States and Saudi Arabia.

Iran is the second-largest supplier of imported goods to Iraq and also has deep-rooted political influence in the country, particularly over Shiite factions.

But Tehran's top foes Riyadh and Washington are seeking to increase their sway in Baghdad, including through trade.

Last year, Washington urged Baghdad to partner with US firms instead of relying on Iranian gas and electricity, key crutches for Iraq's faltering power sector.

Riyadh, too, has looked into providing electricity to Iraq through solar power and hosted Iraqi President Barham Salih last year, a major step in the bilateral relationship.

Saudi Arabia cut off ties with Iraq after former dictator Saddam Hussein's 1990 invasion of Kuwait and only reopened its embassy in Baghdad in 2016.

But eight months later, the newly arrived ambassador was recalled to Riyadh in protest over the influence of Iran-backed Shiite militias in Iraq.

Iraqis had to travel to neighbouring Jordan to apply for a Saudi visa, until the consulate opening on Thursday.

"Today, our brothers in Iraq can acquire a visa in Baghdad directly, without having to suffer a trip abroad," Qasabi said outside the consulate.

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Saudi Arabia pledges $ 1 billion to Iraq and is preparing to sign 13 agreements with it
  


 Economic
 Posted By nahrains


Text:

Saudi Arabia has pledged a $ 1 billion grant to build a sports city in Baghdad at the start of a two-day visit by senior Iraqi officials aimed at boosting ties between the two countries. For his part, said the Saudi Minister of Investment Majid bin Abdullah al-Kasabi, "There are 13 agreements ready to sign and work at the border crossing Arar border linking Iraq to Saudi Arabia will be completed within six months." A Saudi economic delegation comprising the ministers of energy and investment to Iraq on Wednesday , To attend the second meeting of the Saudi-Iraqi Coordination Council, an initiative launched in 2017 to develop relations between the two neighboring countries.


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Saudi Arabia opens consulate in Baghdad, pledges $1bn loan

By Rudaw 5 hours ago 
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Saudi Arabia opens consulate in Baghdad, pledges $1bn loan
Iraqi Foreign Minister Mohammad Ali al-Hakim (C-L) raises the Saudi flag alongside Saudi Arabia's Trade and Investment Minister Majid al-Qasabi (2nd-R) during the inauguration of the new Saudi consulate compound in Baghdad on April 4, 2019. Photo: Ahmad al-Rubaye/AFP
ERBIL, Kurdistan Region – A 100-person Saudi Arabian delegation, including nine ministers, was in Baghdad on Thursday to open a consulate and discuss investment and business ties. They brought with them a pledge of $1.5 billion in loans and support for Iraq as Riyadh vies for influence over its regional rival Iran. 

A flurry of ministerial meetings strengthened growing relations that were cut when former Iraqi dictator Saddam Hussein invaded Kuwait. 

The two governments are close to finalizing 13 agreements, Saudi Minister of Commerce and Investment Majid al-Qasabi said in a press conference with Iraq’s Oil Minister Thamer al-Ghadhban. 

Proposals being discussed include a free trade zone on their shared border and investment opportunities for Saudi outfits like oil company Aramco, power generator and water desalination expert ACWA Power, and petrochemical manufacturer SABIC. 

What is good is that we have moved from the planning stage to implementation. What is good is that there is political will that gets translated into a will for implementation," said Qasabi.

Riyadh will provide Iraq with a $1 billion loan for development projects and an additional $500 million as support for exports, the minister explained. 

They are also plans to build a 100,000-seat sports stadium in Baghdad. 

Iraq’s Electricity Minister Luay al-Khatteeb met with Saudi Arabia’s Ministry of Energy Khalid al-Falih and discussed “broadening the horizons of mutual coordination between Iraq and Saudi Arabia in the fields of energy, electricity interconnection, attracting investment, financing production, transportation and distribution projects, and developing human capital,” Khatteeb tweeted

Iraqi Planning Minister Sabah al-Dilemi said they may reopen the Arar border crossing. 

Memoranda of understanding have been prepared and will be signed when Iraqi Prime Minister Adil Abdul-Mahdi visits Riyadh, according to Ghadhban. No date has been set, but his trip is expected to take place soon. Abdul-Mahdi is expected to visit Tehran on Saturday. 

Qasabi also met with Barham Salih where the Iraqi president thanked Saudi Arabia and its king helping Iraq rebuild and care for millions displaced by conflict. 

Iraq has become "a magnet for investors" after declaring victory over ISIS and opening up to its neighbours, Salih claimed.

The Saudi delegation “confirmed the readiness of Saudi businessmen and companies to effectively and influentially contribute to the reconstruction of Iraq," stated a readout from Salih’s office. 

The Saudis also met with Speaker of the Iraqi Parliament Mohammed al-Halbousi and PM Abdul-Mahdi. 

Sandwiched between regional rivals Iran and Saudi Arabia, Iraq wants to maintain good relations with both its neighbours. Tehran and Baghdad enjoy very close relations and the Iraqi leadership are keen to deepen its ties with Riyadh, fashioning Iraq into a hub where regional interests converge. 

The Saudi visit was, for the most part, welcomed in Baghdad. 

Head of the Wataniya bloc in the parliament Kadhim al-Shammari told Saudi Arabia’s state TV that the visiting delegation is the largest in the history of their bilateral ties and was warmly welcomed. 

"The Saudi side is frankly serious in developing ties with the Iraqi side," said al-Shammari, pointing to concrete investments as proof. 

"This means the relationship has evolved from mere diplomatic courtesy to reality and implementation," he said. 

Salim Tihemir al-Tufaily, a member of Iraq’s parliamentary economy and investment committee, told Iraq’s state media that the high-level visit from the Kingdom was evidence of Iraq’s diplomatic prowess. 

"Today we see all Arab regional and foreign countries want to build economic, political, social, and especially economic ties, with Iraq,” he said.

Iraqi-Saudi ties were realized in brick and mortar when Iraqi Minister of Foreign Affairs Mohammed al-Hakim helped raise the Saudi flag over the Kingdom’s consulate in Baghdad, opened on Thursday. 

Three more missions are planned for elsewhere in Iraq, Qasabi said. 

"This is a practical indicator of bolstered communications between Baghdad and Riyadh, and the keenness of the brotherly countries to facilitate consular services,” including facilitating pilgrimages to Mecca, read a statement from Hakim’s office. 

After emerging from the black shadow of ISIS, Iraq has been trying to reposition itself regionally and internationally, adopting a policy of non-intervention in others domestic matters and maintaining an openness towards all neighbours.

The policy was conceived under the administration of former prime minister Haider al-Abadi and boosted by hardline Shiite cleric Muqtada al-Sadr who visited Saudi Arabia in 2017, breaking many taboos and paving the road for better relations.

Baghdad’s policy is especially relevant as it finds itself an unwilling player in rivalry between the US and Iran. While Washington demands Iraq cut its ties with Iran, especially in the energy sector, Tehran wants to keep the taps open and boost trade.

Abdul-Mahdi on Tuesday reiterated that Iraq wants to be a bridge, building relations based on commonalities and mutual interests, not fear or disputes. He is expected to visit both Saudi Arabia and Iran in the coming days or weeks. 

President Salih visited both during his regional tour earlier this year. 
 
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52 minutes ago, yota691 said:

"the government and many political parties are afraid that there will be political agendas that expect the Iraqis to embarrass with Iran and lead to additional tension on the internal Iraqi arena.He stressed that "Iraq signed a memorandum of understanding on the offer to import electricity from Saudi Arabia, as there is nothing to be rejected, especially with the reduced prices provided by Riyadh, which is much better than Tehran," while considering that the memorandum of understanding does not mean a final agreement. The Iraqi President Barham Salih, in a statement after a meeting with the delegation, that "

 

:backflip:   :backflip:   :backflip:

 

WOWZERS!!!

 

KICK THOSE INSANIANS TO THE CURB!!!

 

Kinda wonder how far THAT 800 million USD yacht and 200 million USD gem studded gold sword goes!!!

 

Looks like the Nauti Arabians are being CALLED IN to FINISH OFF the Insanians ECONOMICALLY!!!

 

Go Moola Nova!

:pirateship:

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A great Iranian anger and Iraqi hands because of Saudi support for Iraq witness (do not wish good for the Iraqis)

15 hours ago
 
103201913231shutterstock_1136337059_iran

Eighth electronic newspaper

Today, Abbas al-Moussawi, spokesman for the coalition of state law, led by Nuri al-Maliki, called for Saudi Arabia to bear the financial consequences of the state organization, in conjunction with the presence of the Saudi delegation in Baghdad.

"Saudi Arabia does not represent the Arab embrace, but rather its return and its emphasis on (Arar port) for its interests and for the return of its project, which failed in Syria," al-Moussawi said in a tweet through his Twitter account and his eighth day. "He said.

He continued: "On one quarter (our group) in Iraq ... Download Saudi Arabia all the consequences and the effects of financial regulation and the reconstruction of our cities. We do not rejoice at Tuba (football). "

SSSS.jpg?resize=564%2C263&ssl=1

A senior Saudi delegation arrived earlier Wednesday in Baghdad for talks between the Iraqi and Saudi coordination committees.

 

Saudi Trade and Investment Minister Majid al-Kasabi said at a conference on the eighth day that fruitful results would soon be achieved between Iraq and Saudi Arabia, including the visa file and diplomatic representation.

 

"Thursday will witness the opening of the Saudi consulate in Baghdad," al-Kasabi told a joint news conference between the Iraqi and Saudi coordinating committees in Baghdad.

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26 minutes ago, Synopsis said:

 

:backflip:   :backflip:   :backflip:

 

WOWZERS!!!

 

KICK THOSE INSANIANS TO THE CURB!!!

 

Kinda wonder how far THAT 800 million USD yacht and 200 million USD gem studded gold sword goes!!!

 

Looks like the Nauti Arabians are being CALLED IN to FINISH OFF the Insanians ECONOMICALLY!!!

 

Go Moola Nova!

:pirateship:

This a lot bigger story than I first thought! FOX news is also reporting this story! They also added that 3 more consulate offices will be opened besides the one in Baghdad!!! Do you have more information or opinions on this! Thanks in advance, I value your opinion!  :salute:

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129928.jpg?width=750&&height=375

 
2019/04/05 13:15
  • Number of readings 27
  • Section: Iraq
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Iraq and Saudi Arabia sign the sports city agreement

The Ministry of Youth and Sports announced on Friday (April 5, 2019) that the Iraqi and Saudi sides had signed the "Minutes of Commencement of Work" for the construction of the sports city donated by the King of Saudi Arabia in the area of Yusufiya, south of Baghdad. 

"The Coordination Committee in the Ministry of Youth and Sports signed with its Saudi counterpart the minutes of starting work in the sports city donated by the Custodian of the Two Holy Mosques to Iraqi youth and athletes," she said in a statement. "The Iraqi side consisted of Undersecretary Essam Thamer, Mohammed Ouda and the general coordinator Ahmed Ouda Zamil, while the Saudi delegation from the project manager Abdul Rahman Al-Harkan and project director in the Saudi Youth and Sports Mamdouh Nasser Al-Shanbari as well as the representative of the Ministry of Finance Saudi Arabia Eid al-Harbi.

The statement quoted the head of the committee supervising the project, Abdul Rahman al-Harakan, as saying that "the repeated visits by the Supervisory Committee to implement the gift of the King of Saudi Arabia to the Iraqi youth to the sites that have been identified and the development of specific criteria, including roads and capacity for the number of cars as well as proximity to Baghdad International Airport And was identified a circle of 30 kilometers and know the availability of hotels and hospitals, as well as water, electricity and other things were subject to the three sites visited with the Iraqi side in Basmaya and Alwa al-Rasheed and Yusufiyah of these standards. 

He explained that "the meeting was held with the technical committees that were formed to execute the tasks entrusted to them, including geological matters and the type of soil suitable for the establishment of this project."

"During the past two days, intensive meetings were held between the Iraqi and Saudi sides, and it was agreed to locate Yusufiya to set up the project for its suitability and approval of the requirements and criteria that were developed." 

"The Saudi side has responded to the proposal of the Minister of Youth and Sports Ahmed Riyad that the Saudi gift is a sports city and not a playground only. The components and elements of this proposal have been developed after extensive study. The Saudi Minister of Trade and Investment, Majid al-Qasabi, Iraqi demand will be a Saudi gift is a sports city. "

He stressed that "the signing of the minutes of the Iraqi Coordination Committee and the Charter of the governance and implementation of the mechanisms to start the implementation of the project will be in two phases, the first design and development, as well as the role of Iraqi and Saudi contractors and materials used and the document that was signed frame the steps of the work we will be and to ensure the progress of work times and information at a fixed pace and the second Will include the completion of administrative matters and ownership of the land and if completed will be initiated work. "

The obelisk

 

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 energy


Economy News _ Baghdad

The Ministry of Electricity issued a statement on Friday on the memorandum of understanding reached with the Saudi side on cooperation in the field of electric energy between the two countries. 

The ministry said in a statement received by "the Economy News" a copy of it, "The Iraqi Ministry of Electricity Luay Khatib, concluded in Baghdad on Thursday (April 4, 2019), minutes meeting with Saudi Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz Al-Faleh, In the field of electric power between the two countries, in preparation for the conclusion of a memorandum of understanding in the Kingdom of Saudi Arabia during the coming period. "

The ministry said in a statement that "the Iraqi and Saudi delegations met under the chairmanship of the ministers of the two countries. The minutes of the meeting were concluded after the two sides affirmed that this agreement contributes to achieving the objectives of establishing the Iraqi-Saudi Coordination Council. Electricity and strengthening the bonds of friendship between the two countries. "

The report pointed out that "many of the paragraphs that will be included in the memorandum of understanding, first and foremost, the electric connection between the two countries, and the development of the energy market, and urged Saudi factories and companies working in the field of electric power to cooperate with the Iraqi side to cover the demand of equipment and electrical products, Investment and participation in financing the projects of generation, transmission and distribution of electrical energy (renewable and traditional) in Iraq, as well as cooperation in the field of research and studies related to the electricity industry, and exchange of information, data and studies related to raising the efficiency of the use of electric energy And the rationalization of consumption, as well as the development of human resources through training and exchange of experiences. " 


Views 301   Date Added 05/04/2019

 
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Editorial date:: 2019/4/5 8:25  286 times prescribed
Iraq and Saudi Arabia sign a meeting record to pave the way for the electric link between the two countries
(Baghdad: Al-Furat News) The Ministry of Electricity, Loay Al-Khatib, signed a memorandum of understanding with the Saudi Minister of Energy, Industry and Mineral Resources Khalid bin Abdul Aziz al-Faleh for joint cooperation in the field of electric energy between the two countries, in preparation for concluding a memorandum of understanding in Saudi Arabia During the coming period.
"The Iraqi and Saudi delegations met on Thursday under the chairmanship of the ministers of the two countries. The minutes of the meeting were concluded after the two sides affirmed that this agreement is a contribution to the achievement of the objectives of establishing the Iraqi-Saudi Coordination Council and The two sides the advantages of bilateral and technical cooperation in the field of electric power, and to strengthen the bonds of friendship existing between the two countries. "
Among the items that will be included in the memorandum of understanding are the electrical link between the two countries and the development of the energy market. He urged Saudi factories and companies working in the field of electrical energy to cooperate with the Iraqi side to cover the demand of electrical equipment and products, And participate in financing the projects of generation, transmission and distribution of electric power {renewable and traditional} in Iraq, as well as cooperation in the field of research and studies related to the electricity industry, and the exchange of information, data and studies on raising the efficiency of the use of electric power, Consumption, as well as the development of human resources through training and exchange of experiences ".anthy
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  • yota691 changed the title to Saudi official: Convergence with Iraq preserves the stability of the region and the world

Saudi official: Convergence with Iraq preserves the stability of the region and the world

Political | 03:00 - 05/04/2019

 
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BAGHDAD 
(Reuters) - Saudi Arabia's rapprochement with Iraq will preserve the stability of the region and the world, the chairman of the Saudi-American Relations Committee (SABRAK), Salman al-Ansari, said. 
Al-Ansari said on Friday that "the rapprochement between the two countries is clear strategic dimensions since 22 October 2017, when they signed in the Saudi capital Riyadh an agreement to launch the Joint Coordination Council, the first of its kind, in the presence of former US Secretary of State Rex Tillerson." 
He added that "the Kingdom has taken practical steps to strengthen and revitalize these relations, which have been frozen for the past three decades, which appeared in the opening of the port Arar border in August 2017, and restart the air navigation line between Riyadh and Baghdad in October 2017 after a stop since 1990.
Al-Ansari pointed out that "what indicates the strengthening of the relationship is what the Kingdom announced at the Iraq Reconstruction Conference hosted by Kuwait in February 2018, the allocation of $ 1.5 billion for projects that contribute to the reconstruction of Iraq, which was destroyed by war and sectarian and sectarian rupture." 
He continued: "The strategic partnership between the two countries is necessary to confront the common enemies who tried to employ the interruption of relations between Iraq and its Arab region, to spread sectarianism and sectarianism and the use of the Iraqi street to be duped in the back of his Arab brother, and therefore any Saudi-Iraqi rapprochement is in fact a step in the context of maintaining security Regional and global stability "

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  • yota691 changed the title to Saudi ministers agree to memoranda of understanding with Iraq in several areas

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