Baghdad and Istanbul sign a memorandum of understanding to boost trade exchange between the two countries

Baghdad and Istanbul sign a memorandum of understanding to boost trade exchange between the two countries



2019/7/1 17:58

(Baghdad: Al-Furat News) Baghdad Chamber of Commerce signed with its counterpart in Istanbul on Monday, a memorandum of understanding to increase trade exchange between the two countries.

"Today, the head of the Baghdad Chamber of Commerce, Jaafar al-Hamdani, received a large trade delegation representing the Istanbul Chamber of Commerce headed by Turkish Ambassador Fatih Yildiz and Shakib Afdajk, the head of the Chamber at the Chamber's headquarters in Baghdad," the statement said.

At the beginning of the meeting, Al-Hamdani welcomed the guest delegation and thanked them for this visit and expressed their keenness to keep in touch with the Baghdad Chamber of Commerce.

Al-Hamdani said in a speech during the meeting on the brotherly relations between Iraq and Turkey, which extends over a long history, especially that the two countries have religious, social and family ties. We in the Baghdad Chamber of Commerce hope to exploit these good relations best exploitation and reflect them on the economic side and the private sector. In the interest of the two neighboring countries.

Al-Hamdani stressed that the Chamber of Commerce of Istanbul is an old chamber with great weight in the region. It is responsible for financial imports and trade revenues of more than 90 billion dollars, so there was great keenness to make this visit a success. The obstacles that may face the trade process between the two countries, which have reached billions of dollars in the past few years and we hope to raise them to the highest levels.

He added that we are now through this meeting to seek bilateral partnerships between Iraqi companies and their Turkish counterparts and to enter strongly in the Iraqi markets, especially as we are now seeking to open a number of factories and factories for products, industries and agriculture in Iraq through investment and partnerships that will form the private sector of Iraq and Turkey Because we believe that the Turkish partner is a special partner for us because of the common factors that combine us, and we count on the Turkish companies, businessmen and investors to contribute to the reconstruction of cities that have been freed from terrorism and advocating through the exploitation of investment opportunities Available to it and its partnership with the private sector and Iraqi companies.

For his part, Shakib Afdajk, President of the Istanbul Chamber of Commerce expressed his pride in this blessed visit, thanking the hospitality and hospitality extended by the delegation. He expressed the hope that this meeting will open new horizons of cooperation between the Baghdad Chamber of Commerce and the Istanbul Chamber. To establish relations with the Baghdad Chamber of Commerce as one of the oldest and oldest room in the region and has a great weight and represents an important trading artery for us.

He said, "We in Turkey love Baghdad, civilization, history and originality and consider it the great sister of the city of Istanbul. During the meeting, Mr. Chakib gave a brief explanation of the Istanbul Chamber of Commerce. He pointed out that Istanbul Chamber of Commerce has a membership of more than 450 thousand merchants and companies of various disciplines and is the third largest trading room in the world, and is the ninth city in terms of visitors and tourism in the world and has played a major role in the trade between Turkey and the world have reached more than 90 billion USD.

There are more than 500 Iraqi-Turkish private companies operating in various fields and specialties in addition to 912 other Iraqi companies operating in the city of Istanbul in the field of trade and investment, in addition to the presence of 4 Turkish banks are now operating in Iraq, Turkey's keenness to enter into a real trade partnership with Iraq because it is an important and vital partner for us in Turkey.

"We at the Istanbul Chamber of Commerce have contributed and helped more than 3,000 Iraqi citizens to buy real estate in Istanbul and the Istanbul Chamber of Commerce contributes more than 40% of the taxes paid to the Turkish state by its employees.

For his part, Ambassador Fatih Yildiz expressed his gratitude to Al-Hamdani for the hospitality and good reception, praising the great efforts exerted in continuous and continuous communication and follow-up to all issues related to trade between Turkey and Iraq, stressing that their efforts contributed greatly to raising the level of trade exchange between the two countries. Has a great role in encouraging many Turkish companies to enter the Iraqi markets and work in all governorates of Iraq.

For his part, Al-Hamdani said that the Baghdad Chamber of Commerce and the Istanbul Chamber of Commerce will hold a large Iraqi-Turkish economic forum on the sidelines of the Baghdad International Fair in the Iraqi capital Baghdad, which will be attended by several Turkish and Iraqi businessmen and businessmen in several fields. Iraqi and Turkish companies.

During the meeting, they signed a joint cooperation agreement between the Baghdad Chamber of Commerce and the Istanbul Chamber of Commerce, after which they exchanged commemorative gifts, which symbolize the history and civilization of the two neighboring countries.

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