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Minister of Trade: Welcome and international desire to increase investments in Iraq


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Minister of Trade: Welcome and international desire to increase investments in Iraq

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 econom
  •  yesterday, 18:53

Cairo - conscious - Rasha Mohamed
Trade Minister Atheer Al-Gheriri revealed on Thursday a wide welcome and international desire to increase investments inside Iraq, while confirming meetings with 3 countries in this regard.

Al-Ghuriri said during his participation in the 113th session of the Economic and Social Council, which was held at the Arab League, in a speech followed by the Iraqi News Agency (INA): "Iraq today seeks, within the government program of Prime Minister Muhammad Shia Al-Sudani, to improve the investment environment and seeks to receive private sector companies in order to advance the economic reality in Iraq and announce the availability of great investment opportunities."
He added that "there are many important projects in Iraq, including the development road and the railway line between the holy city of Karbala and Najaf," pointing to "the need to encourage investments from the private sector inside Iraq."
He added, "Iraq seeks to increase investment projects with Arab countries," indicating that "there are great initiatives by Arab countries and there was a great welcome by them to increase investments in Iraq and the implementation of many agreements and economic conferences and there are many protocols implemented with the UAE, Qatar and Egypt and the formation of committees that include delegations of businessmen and the private sector inside Iraq and we noticed the tangible change in the management of the economic file and the general economic policy of the Iraqi state."
He pointed out that "the meeting came out with many decisions that were approved, including promoting intra-regional trade, liberalizing trade in goods and welcoming Iraq's accession to the World Trade Organization."
He stressed that "this is what Iraq aspires to, as its steps have begun to reach all countries, and the Iraqi economy will witness a significant recovery during the coming period in order to achieve common interests and achieve mutual benefit between Iraq and the Arab countries."
He pointed out that "there are rapid initiatives in investing infrastructure with the Egyptian, Qatari and Emirati sides through many agreements that were made during the previous period."

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