Positive shifts in economic relations between Iraq and Saudi Arabia
Baghdad / Range
An expert on the economic openness between Iraq and Saudi Arabia described the changes positively, as it would raise the monopoly of some countries such as Iran, Turkey and China to the Iraqi market, stressing that although Iraq will be an importer and not a source that Saudi Arabia is superior to industrial, agricultural and trade, but any openness to the Arab Gulf market and other markets will serve us in many ways Whether in the banking or commercial sector or through the ease of granting visas to those countries, and where confirms Iraq's ambassador to Saudi Arabia that the volume of trade exchange between the two countries more than two billion riyals, and Iraq is seriously seeking to raise this percentage, confirms the Minister of Oil that Saudi Arabia Ay to accelerate implementation of a series of agreements in oil, energy, industry, minerals, technology, investment, agriculture and trade exchange, banks, banks, joint ventures and other areas.
Iraq's ambassador to Saudi Arabia, Rushdie Al-Ani, said in a press statement that the opening of the land ports between Iraq and the Kingdom will begin at the present time a new port of Arar for commercial and economic exchange after the Eid al-Adha, indicating that the port of Saudi Arabia in Rafha province, To rehabilitate, so work is underway in full swing for the operation of the ports between Iraq and the Kingdom of Priya, especially as the port of Jamaima serves the provinces of southern Iraq, nine, while serving the new port Arar Iraq in full.
The expert on economic affairs Mitham Laibi confirms in an interview with "(of the extent) that Saudi Arabia is a large oil country and has industries in various fields, including petrochemicals and food, so the openness of Iraq economically opens the way for a high commercial movement in the country, Manpower:
"This openness will also encourage interest in the local product, and contribute to the entry of international companies to work in Iraq in the fields of energy, oil and other areas more vital, although we have good foreign companies working in the field of oil exploration and export, but there are more vital areas, The openness of Iraq to Saudi Arabia in the commercial interest in Iraq's interest in the commercial side and the side of partnerships between companies in the private sector of Iraq and Saudi Arabia, by facilitating access to exchange and exchange of experiences, therefore is a benefit to Iraq even if the service to Saudi Arabia is bigger is a positive move, On the other hand, any openness to the Arab Gulf market and other markets serves Iraq, because the Gulf countries have introduced us to various sectors of banking, agriculture and industry with openness to the world.
In an interview with the Iraqi ambassador to Saudi Arabia, Rushdi al-Ani, who confirms that the volume of trade exchange between the two countries is more than two billion riyals, and the Iraqi government is seriously seeking to be the number is higher. The delay in lifting trade exchange between the two countries is due to, inter alia, The agreement will be signed with the Civil Aviation Authority of the Kingdom, where the technical and administrative matters of Saudi Arabian Airlines and Iraqi Airways have been handed over, so they can direct flights in any Time and from all airports of the Kingdom to the airports of Iraq.
Al-Ani continued:
We also discussed how to link the Kingdom with Iraq by rail with the Saudi Minister of Transport, where we seek this link for the construction of railways to Iraq close to the border, "but we are working on the other hand to develop relations with the Kingdom in all directions and at all levels, The number of Iraqi prisoners in the prisons of the Kingdom 120 prisoners, and there is no prisoner among them accused of terrorism, most of them are accused of crossing the border only On the other hand, said the Saudi Minister of Trade and Investment Majid bin Abdullah Al Qasabi, On Tuesday, the decision of the Council of Ministers Judge to approve the minutes of the establishment of the Iraqi Saudi Coordination Council, promotes opportunities for trade exchange and joint cooperation to promote relations between the two countries.
The cane in a press interview to Saudi Press Agency , and seen by the term, "
The resolution expresses the desire of the serious Kingdom and its keenness to open all areas of cooperation with Iraq in order to serve the interests of the two countries, adding that this cooperation will contribute to the establishment of joint ventures between our two brotherly countries. " He continued, the Council aims to promote joint cooperation between the two sides in international and regional affairs mission and protect the interests of And the development of partnership between the private sector in the two countries and provide an opportunity for businessmen to learn about trade and investment opportunities
The Minister of Trade and Investment that "the next phase of economic and trade relations between the Kingdom and Iraq will see great cooperation In terms of increasing trade exchange, and provides investment opportunities in all areas, primarily: commercial, agricultural and industrial areas, adding that the Saudi-Iraqi Coordination Council will work to remove all obstacles and encourages investment. "
Al-Qasabi said that"
[You must be registered and logged in to see this link.]
Today at 7:00 am by Rocky
» utube 5/9/24 MM&C 0:02 / 46:46 PM - Al-Sudani - Golden Opportunity - Private Sector - Contra
Today at 6:57 am by Rocky
» utube MM&C 5/11/24 Iraqi Dinar - IQD Update - International - IraqTiming - 2024 Budget Schedule - Sp
Today at 6:55 am by Rocky
» Bahr Al-Ulum calls for legislating the renewable energy law and localizing the solar panel industry
Today at 6:49 am by Rocky
» In numbers: the rise in internal debt in Iraq
Today at 6:49 am by Rocky
» Jordan demands that Iraq continue to export oil for another three months
Today at 6:46 am by Rocky
» Iraq is the largest producer.. OPEC+ is pumping higher than scheduled and in anticipation of the Jun
Today at 6:44 am by Rocky
» Close to the coordination framework: There is no intention to change the internal regulations of Par
Today at 6:43 am by Rocky
» Central Bank sales exceed $274 million today
Today at 6:41 am by Rocky
» But the representative of the exchange companies is pessimistic... Why did the dollar fall?... The C
Today at 6:38 am by Rocky
» Jordan addresses Iraq to extend a memorandum of understanding to purchase oil
Today at 6:36 am by Rocky
» Bribes increased from 3,000 to 50,000 dollars.. What is the condition of alcohol in Iraq after the p
Today at 6:34 am by Rocky
» Presence movement: Sunnis and Kurds while the Americans remain in Iraq
Today at 5:31 am by Rocky
» A deputy reveals the contents of the first water strategy in Iraq
Today at 5:29 am by Rocky
» Soon...the second reading of the proposed red card law
Today at 5:28 am by Rocky
» The discovery of 10 new oil and gas fields in the Anbar desert
Today at 5:27 am by Rocky
» A bloc announces to “Al-Ma’louma” the date of the parliamentary speaker’s election session
Today at 5:26 am by Rocky
» Parliamentary Finance explains the mechanism for amending the retirement law
Today at 5:24 am by Rocky
» Sovereignty accuses Al-Halbousi of obstructing the election of a Speaker of Parliament
Today at 5:23 am by Rocky
» Parliamentary Agriculture accuses Kurdistan of harming the farmers of the center and south
Today at 5:22 am by Rocky
» Al-Sudani confirms Iraq's readiness to host the Arab Network conference
Today at 5:21 am by Rocky
» Nechirvan Barzani calls on the Iraqi government to allocate a budget to confront climate change
Today at 5:20 am by Rocky
» “Iraq is in danger.” Political warnings against ending the work of the UN mission
Today at 5:19 am by Rocky
» The Iraqi Interior Minister announces the signing of a security cooperation memorandum with Syria
Today at 5:17 am by Rocky
» The Minister of Oil told “Al-Iqtisad News”: The 5th and 6th rounds will add 3 Mqmq of gas to Iraq’s
Today at 5:16 am by Rocky
» Economist: Tax revenues from the private sector should be 4 trillion dinars annually
Today at 5:14 am by Rocky
» The Real Estate Bank calls on the Iraqi Central Bank to determine a plan to allocate a new initiativ
Today at 5:13 am by Rocky
» More than one billion and 400 million dollars...CBI sales within a week
Today at 5:12 am by Rocky
» Oil: Iraq achieved self-sufficiency in liquid gas and began exporting the surplus
Today at 5:10 am by Rocky
» Iraq begins exporting liquid gas
Today at 5:09 am by Rocky
» The Cabinet Secretariat sets to Al-Iqtisad News the completion date for the Chinese agreement school
Today at 5:09 am by Rocky
» Securities: The most recent law of the Authority in the Arab and regional countries
Today at 5:07 am by Rocky
» A European desire to strengthen security and economic cooperation with Baghdad
Today at 5:06 am by Rocky
» The close selection of a person for the position of Speaker of Parliament
Today at 5:05 am by Rocky
» Parliamentary law excludes the exchange of penalties for cash amounts
Today at 5:04 am by Rocky
» An agreement with Italy to finance industrial projects
Today at 5:02 am by Rocky
» The Najaf Chamber of Commerce signs a “memorandum of understanding” with its Thai counterpart
Today at 5:01 am by Rocky
» Baghdad, Arab Forum
Today at 5:00 am by Rocky
» Specialists: Economic integration and job opportunities await development
Today at 4:59 am by Rocky
» The President of the Republic, Nechirvan and Barzani stress the necessity of coordinating efforts be
Today at 4:57 am by Rocky
» The Judicial Institute announces the names of those accepted for the 48th and 49th sessions
Today at 4:56 am by Rocky
» Today's newspapers are interested in launching the fifth licensing supplement rounds and the sixth l
Today at 4:55 am by Rocky
» Al-Sudani receives the Secretary-General of the Arab Network for National Human Rights Institutions
Today at 4:53 am by Rocky
» Trade participates in the meetings of the Economic and Social Council at the level of senior officia
Today at 4:52 am by Rocky
» The Minister of Transport discusses with the Tunisian Minister of Foreign Affairs and Immigration wa
Today at 4:50 am by Rocky
» Iraq recorded an increase in its oil exports to the United States last week
Today at 4:49 am by Rocky
» It is governed by three dimensions.. Parliament talks about a strategic priority for Iraqi national
Today at 4:48 am by Rocky
» To what extent do Arab countries influence politically Iraq? It has become more independent
Today at 4:46 am by Rocky
» The Iranian ambassador in Baghdad: Iraq has paid its debts, and the security agreement includes thre
Today at 4:45 am by Rocky
» Dollar exchange rates decline slightly on the Baghdad Stock Exchange
Today at 4:44 am by Rocky
» China has 18% of the fields in the two new rounds, and 11 countries share the remainder
Today at 4:43 am by Rocky
» On the table...a proposal for the Kurdistan oil crisis and an effort to conclude a similar agreement
Today at 4:42 am by Rocky
» Al-Awadi: A government decision to provide sovereign guarantees and guarantees to encourage the inve
Today at 4:40 am by Rocky
» 6 Chinese companies are among the winners of developing Iraqi oil and gas fields
Today at 4:38 am by Rocky
» Baghdad gives UNAMI the end of 2025 to leave the country after fiery briefings
Today at 4:37 am by Rocky
» Dhi Qar clarifies: The quarry burying radioactive materials is regular and does not pose a danger
Today at 4:36 am by Rocky
» Al-Sudani: There are 64 lagging projects in Babylon
Today at 4:34 am by Rocky
» The housing crisis is expanding and planning confirms: Iraq needs 3 million housing units to solve i
Today at 4:34 am by Rocky
» 90 billion dinars were recovered from social protection violators
Today at 4:32 am by Rocky
» Iraq seeks to increase its oil reserves to more than 160 billion barrels
Today at 4:31 am by Rocky
» After keeping the numbers secret... Did the rain increase Iraq's water reserves by 120%?
Today at 4:30 am by Rocky
» In the first quarter of 2024.. Iran will displace Iraq and become the second largest producer in OPE
Today at 4:28 am by Rocky
» Iraqi oil exports to Jordan stopped 20 days ago
Today at 4:27 am by Rocky
» Iraq and Syria sign a memorandum of security cooperation in several fields
Today at 4:25 am by Rocky
» Parliament recommends stopping electronic schools in Iraq
Today at 4:24 am by Rocky
» Parliamentary law rules out passing a law replacing penalties with sums of money
Today at 4:22 am by Rocky
» After a rare meeting... sources talk about Al-Sadr's future in political life in Iraq
Today at 4:21 am by Rocky
» The President of the Republic warns of climate change and its threat to food security and future gen
Today at 4:20 am by Rocky
» The Iranian ambassador to Iraq talks about negotiations for the withdrawal of American forces and Tu
Today at 4:19 am by Rocky
» Deputy: Iraq represents an important factor in the stability of the global oil market
Today at 4:16 am by Rocky
» Transportation: The Iraqi-Turkish technical committees continue to fulfill the requirements for impl
Today at 4:15 am by Rocky
» Economic: Raising the interest rate will reduce real estate prices
Yesterday at 7:20 am by Rocky
» Did Barzani agree in Tehran to end the presence of Iranian groups in Kurdistan? - urgent
Yesterday at 7:16 am by Rocky
» Al-Sudani: We are establishing a new situation for the global energy market through the Development
Yesterday at 7:14 am by Rocky
» Al-Sudani: The government program devoted a wide scope to the government’s vision for oil and gas in
Yesterday at 7:11 am by Rocky
» Al-Awadi: Ending the work of the UNAMI mission is consistent with the government’s vision in this fi
Yesterday at 7:10 am by Rocky
» MM&C Floating the dinar" returns to the forefront.. Will the Central Bank of Iraq resort to it and w
Yesterday at 5:24 am by Rocky
» The Secretary of the Ministry of Defense meets with the Commander of the NATO mission
Yesterday at 5:17 am by Rocky
» Expert: The stability of the economy is linked to the political situation
Yesterday at 5:13 am by Rocky
» A parliamentary request to lift the injustice against 20,000 Iraqi employees
Yesterday at 5:09 am by Rocky
» Parliamentary Finance criticizes the government's failure to send the budget schedules
Yesterday at 5:08 am by Rocky
» Minister of Oil: The 5th and 6th licensing rounds will take place within the framework of exploratio
Yesterday at 5:07 am by Rocky
» Al-Sudani: Iraq is a difficult number in the global market in the field of energy
Yesterday at 5:06 am by Rocky
» Al-Khanjar rejects Al-Halbousi’s request to head Parliament
Yesterday at 5:05 am by Rocky
» Revealing the date of the arrival of the 2024 budget schedules
Yesterday at 5:04 am by Rocky
» Al-Halbousi nominates Talal Al-Zubaie for presidency of the House of Representatives
Yesterday at 5:03 am by Rocky
» "A coup in Iraqi universities"... Replacement of presidents and deans under the new education law
Yesterday at 5:01 am by Rocky
» Al-Sudani: Iraq is a difficult number in the equation of energy and oil wealth in the region and the
Yesterday at 5:00 am by Rocky
» Minister of Oil: We hope to announce an increase in Iraq’s oil reserves to 160 billion barrels
Yesterday at 4:58 am by Rocky
» Iraq's mass graves...stories that did not end with the burial of their owners, and the "legacy of IS
Yesterday at 4:57 am by Rocky
» Pictures: New licenses in Iraq to extract “huge” quantities of oil and gas
Yesterday at 4:56 am by Rocky
» Transport reopens the Baghdad - Samarra railway line
Yesterday at 4:55 am by Rocky
» Al-Awadi: A government decision to provide sovereign guarantees and guarantees to encourage the inve
Yesterday at 4:54 am by Rocky
» Oil clarifies the mechanism for investing grant funds and licensing contracts
Yesterday at 4:51 am by Rocky
» A $700 million agreement is signed between Iraq and Italy to finance these projects
Yesterday at 4:50 am by Rocky
» Iraq recovers 90 billion dinars from social protection violators
Yesterday at 4:49 am by Rocky
» Sudanese officially launches the two licensing rounds and sets the date for stopping gas burning
Yesterday at 4:48 am by Rocky
» An economic vision for the standard of competition for exploratory plots in Iraq
Yesterday at 4:47 am by Rocky
» The Iraqi Islamic Bank announces an increase in its capital to 300 billion dinars
Yesterday at 4:46 am by Rocky