[size=36]Turkey reveals unprecedented prospects for partnership with Iraq[/size]
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The head of the Turkish Export Council, Ismael Gula, revealed on Thursday that Iraq ranks fourth among the most importing countries from Turkey, pointing to unprecedented prospects for partnership between the two countries.
"Iraq is working to attract foreign investment to reduce unemployment, which is one of its biggest problems," Ismail Ghula said in an interview with Anatolia.
"Iraq is trying in this context to produce goods imported from abroad," he said.
"We see that the best model for this is Turkey, so some Turkish companies are working to build their facilities and factories on Iraqi soil and produce the goods they export there."
In 2018, Iraqi exports amounted to $ 100 billion, and imports $ 40 billion, according to Gula.
He revealed that "Iraq ranks fourth among the most importing countries from Turkey," explaining that "12 thousand Turkish companies in various sectors, exports their products to Iraq."
In the framework of enhancing trade and investment relations between the two countries, the capital Baghdad hosted the activities of the Iraqi-Turkish Business Forum on 20 June last, in the presence of the Turkish Minister of Trade Rohasar Bekjan.
She said that her country would "take all necessary steps to increase mutual investment and strengthen economic relations with Iraq."
In 2018, Turkey's exports to Iraq amounted to 8.3 billion dollars, and imports 4.7 billion dollars, according to the amount of trade between the two countries amounted to about 13 billion dollars.
She stressed the importance of Iraq as a transit country to reach the Gulf States, and that Turkey is a gateway to Iraq to Europe, and it is important to open a new border gate between the two countries logistically.
In his interview with Anatolia, Gula stressed his country's keenness to achieve the trade goals between the two countries, namely to raise trade exchange to the level of 20 billion dollars as set by Turkish President Recep Tayyip Erdogan and his Iraqi counterpart Barham Saleh.
Gula stressed the need to increase cooperation and trade coordination between Ankara and Baghdad, thanks to the "weight" they enjoy in world trade.
He pointed to the possibility of bypassing the Turkish companies to the "difficulties" facing Turkish companies operating in Iraq, without specifying, through "work and coordination between the two sides."
With regard to the content of Turkish exports to Iraq, "Gula" said it consists mainly of food, while gold and oil is the most important imports of Ankara from Baghdad.
Gula revealed that the Turkish exporters "are in the process of developing a new road map to increase and strengthen trade cooperation between the two countries, and develop trade in certain commodities."
He urged the "Chairman of the Council of Turkish exporters" on the need to strengthen trade cooperation between Ankara and Baghdad, given the historical, geographical and cultural factors linking the two countries.
As for Iraq reconstruction projects, Gula explained that Turkish contractors are ready to take on major roles during this stage.
Turkey has pledged $ 5 billion at the Kuwait Conference for the Reconstruction of Iraq.
In February, Kuwait hosted a donor conference for Iraq reconstruction, through which Baghdad received pledges from investors and donors worth $ 30 billion to rebuild the war-ravaged terrorist organization "Da'ash" over three years (2014-2017).
"There is a significant shortage of Iraqi infrastructure in the sectors of finance, banking and insurance,"
Gula said , noting that relations between the two countries are based on mutual trust. .
at the beginning of March / last March, he said Turkish Foreign Minister, born Chaooh Ihsanoglu, said that his country will play an important role in the reconstruction of Iraq.
he Chaooh Ihsanoglu, that Iraq has the basics that makes it a candidate to raise trade with Turkey, to reach 100 billion $ 29