Directed to establish a free market with Kuwait

Directed to establish a free market with Kuwait




30/05/2012 0:00


BAGHDAD - Al Sabah
announced the Foreign Ministry and the tendency for the establishment of a free market with Kuwait in support of trade exchange between the two countries. He said Iraq's ambassador to Kuwait, Mohammad Hussein Bahr al-Ulum in a telephone conversation with the "news center for the Iraqi Media Network:" Iraq is planning to establish a free market with Kuwait in support of business between the two countries in the next phase. "He added Bahr al-Ulum, "Iraq and Kuwait are working to end the effects of past and start a new page focused on developing trade and economic transactions between the two countries." It is said that the Kuwaiti Embassy in Iraq has recently announced that 50 companies from entering the Kuwaiti to work in Iraq at the end of this
month. The government consultant Abdul Hussein al-Jabri, had announced in a statement to the Agency (Rn) last year that "Iraq expressed initial approval of the establishment of a free market with Kuwait near Safwan border to promote trade between Baghdad and Kuwait. "said Al Jabri said the proposed" shown by more than 600 Iraqi and Kuwaiti business to create a free market similar to the free market between Iraq and Jordan and Syria, which would contribute to the revitalize the commercial reality between Iraq and Kuwait, "he said, adding that" when you get the approval of the Kuwaiti government to allocate the two sides will work the right place to set up a free-market near Safwan, "noting at the same time that" the Iraqi government working to expand trade with Kuwait and to address outstanding problems between the two countries through dialogue and compromise, without affecting the others. "The government statistics confirm that the volume of exchanges with Kuwait reached $ 250 million annually.
http://www.alsabaah.com/ArticleShow.aspx?ID=28179