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[size=36]Canada confirms its companies' desire to invest in Iraq[/size]
BAGHDAD - Mawazine News
The Canadian Embassy in Baghdad confirmed, on Wednesday, the desire of Canadian companies to invest in Iraq.
The Iraqi Ministry of Industry and Minerals stated, in a statement that Mawazine News received a copy of, that “the scientific advisor to the Ministry of Industry and Minerals, Ammar Abdullah Hamad, and the ministry’s advisor for development affairs, Kaiser Ahmed Okla Al-Hashemi, held a meeting with the commercial commissioner of the Canadian embassy in Baghdad to discuss Prospects for industrial cooperation and investment opportunities between the two friendly countries, in the presence of the Director General of the Department of Industrial Development and Organization in the ministry.
The statement added, "The meeting dealt with a number of issues of concern to the industrial side and support investment opportunities between Iraq and Canada in various industries, including petrochemical and pharmaceutical industries, through cooperation with Canadian companies to transfer Canadian technology and expertise."
The scientific advisor reviewed, according to the statement, "the investment opportunities available at the Ministry of Industry and Minerals and the strategies and plans put in place to develop the Iraqi industrial sector and support the private sector," stressing the ministry's direction towards openness to all countries and the search for real and serious partnerships to operate factories and stalled factories and establish and settle new industries and diversify production Industrialist. "
For his part, the Commercial Commissioner conveyed to the Canadian embassy "the desire of Canadian companies to invest in Iraq, exchange knowledge and transfer technology," expressing his "hope to provide all means of support and assistance to facilitate the tasks and work of companies wishing to work in Iraq and to contribute to building its industrial base."
The two parties agreed to “communicate in holding meetings, meetings and exchange visits in order to reach a joint working formula that serves the interests of the two countries.”
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