Iraq is open to Saudi investments ... "Al-Kazemi" promises to overcome all obstacles!

Yesterday, Sunday, the Iraqi Prime Minister, Mustafa Al-Kazemi, confirmed that investment opportunities are available to Saudi companies, referring to the government's endeavor to overcome all obstacles before it, while the Iraqi Oil Minister, “Ihssan Abdul Jabbar Ismail,” affirmed the Iraqi government's keenness to strengthen bilateral relations with Saudi Arabia in all fields, especially industry and agriculture, in a way that serves the common interests of the two countries, pointing out that he has touched on the Saudi side a real desire to cooperate and provide the necessary support.

The Prime Minister’s Office said, in a statement, that: “Al-Kazemi received yesterday, Sunday, members of the Iraqi-Saudi Coordinating Council, which is holding its meetings in the capital, Baghdad, to discuss the implementation plans of the agreements and memoranda of understanding signed between the two countries.”


 
Al-Kazemi stressed: “The importance of holding these meetings that lead to the development of bilateral relations between Baghdad and Riyadh, and enhance the prospects for joint cooperation in various fields, in a way that achieves the interests of the peoples of both countries. He pointed out that: "Investment opportunities are available to Saudi companies," noting that: "The government seeks to overcome all obstacles facing companies that wish to invest in Iraq." He stressed: "The importance of activating some joint projects between the two countries within the framework of the Arab League, as well as developing work in the oil market."

For his part, the Minister of Oil, Ihsan Abdul Jabbar Ismail, head of the Iraqi side, said; On the sidelines of the launch of the work of the “Iraqi-Saudi” committee in Baghdad, “This meeting comes in continuity with the previous meetings between brothers, through which we aim to activate memoranda of understanding on the ground, as well as to strengthen this in new projects in the field of bilateral electricity interconnection. , The petrochemical industry, gas investment, and others. We have seen from the Saudi side a real desire to cooperate and provide the necessary support.

For his part, the Saudi Minister of Energy, Prince "Abdulaziz bin Salman", stressed through the television department: "The Kingdom's keenness to develop and sustain relations with its brothers in Iraq, and to work to accelerate the implementation of bilateral cooperation projects in all fields." While the head of the Saudi delegation indicated, The Minister of Industry, Bandar bin Ibrahim Al-Khorayef, said: “The importance of strengthening bilateral relations between the two brotherly countries,” expressing his hope: “that the discussions will lead to promising joint investment projects in all fields.” The Saudi delegation arrived, "Baghdad", yesterday morning, Sunday, to hold a meeting of the "Iraqi-Saudi" committee, and the delegation includes officials from the ministries of "energy, electricity, oil, industry, and the environment", and a number of important Saudi companies.

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