German exports to Iraq volume exceeded one billion euros since the year 2012

German exports to Iraq volume exceeded one billion euros since the year 2012



02-07-2017 07:26 PM

Euphrates -
 
The head of the Iraqi - German Joint Chamber Alaa Al - Nouri link Germany and Iraq relations, industrial and commercial work closely, and there is an effort to promote joint cooperation between the companies and Iraqi businessmen and Germans.

Nouri said in a press statement, during his participation in the first conference to discuss real estate development in Najaf, said that "German exports to Iraq totaled since 2012 billion and 280 million euros despite the general downturn in the global trade market."

He added that the German government and international organizations associated proceeded to write off 80% of Iraq 's debts incurred during the period leading up to 2003, as the German government took the initiative to grant soft loans amounting to $ 550 million for the reconstruction of the liberated areas, with 28 million euros in the form of food aid for returnees of the displaced, in addition to sending sophisticated mechanisms , electric generators and water treatment plants and other Anbar province to 13 million euros. " Nouri said , "The establishment of the Iraqi - German common room for exports and investments came for the purpose of expanding the contribution of private sectors in both countries."

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