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Secretary of «Economy News»: Iraq emerged from «regional isolation» DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Secretary of «Economy News»: Iraq emerged from «regional isolation»

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Secretary of «Economy News»: Iraq emerged from «regional isolation» Empty Secretary of «Economy News»: Iraq emerged from «regional isolation»

Post by RamblerNash on Wed Apr 03, 2019 10:28 pm

Secretary of «Economy News»: Iraq emerged from «regional isolation»

Secretary of «Economy News»: Iraq emerged from «regional isolation» 14191

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Economy News Baghdad

arrived Aash Baghdad on Wednesday, a high - level Saudi delegation comprising six ministers headed by Saudi Minister of Trade and Investment Majid bin Abdullah cane.

The delegation, which is on a two-day visit, will participate in the work of the second session of the Saudi-Iraqi Coordination Council. And includes the largest Saudi companies wishing to invest in Iraq, in various sectors.

A new stage of relations

, says economic expert, a haven secretary, in his speech , "Economy News" that « the Saudi - Iraqi relations began a new phase through mutual visits between the two delegations, which are produced by forming a 21 coordinating committee in the various areas of cooperation.»

He stressed that the first work will be the development of the border crossing Arar, which links Iraq by land to Saudi Arabia, to facilitate the passage of pilgrims, noting that the development of the crossing will return large financial resources to the Iraqi side.

During the next two weeks, Prime Minister Adel Abdul Mahdi will go to Saudi Arabia to discuss "important issues."

With regard to the Saudi side, Al-Amin said that the latter is interested in developing the infrastructure of the liberated cities and there is investment for the re-operation of factories in Iraq and the revitalization of the industrial sector as well as the private sector, which would provide many jobs.

He stressed that the economic expert that Iraq in the previous period succeeded in managing its international relations and was able to emerge from the «regional isolation» and thus ended many of «economic setbacks», expected that Iraq will reap the fruits of this regional opening during the next two years.

The newspaper "Economy News" continued with the Information Office of the Ministry of Finance, who confirmed that he did not have any information regarding the visit of the Saudi delegation to Iraq. And that he will publish it to the media once the necessary information has been completed.

Also got "the economy News" and the minute includes the topics to be discussed by the delegations of Iraq and Saudi Arabia on the sidelines of the meeting of the Coordination Council between the two countries. As it will be «an offer of what has been accomplished and agreed upon in the subcommittees (the seven committees) as well as discuss the proposal to form a joint business council between the two countries».

The document confirms that the two sides will discuss "the subject of the stadium dedicated to the Saudi king to Iraq, as well as the agreement to determine priorities for the next phase 20192020 and to develop plans to implement these priorities."

The delegation will hold several meetings on its first day, including a meeting between the Saudi private sector and its Iraqi counterpart, as well as its meeting with President Barham Salih.


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