Kuwait Trade announces approval to establish commercial attaché in Baghdad
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Economy News - Baghdad
The Minister of Trade and Industry and Minister of State for Services Affairs Khalid Al-Roudhan, approved the establishment of a commercial attaché in Baghdad under the Ministry of Commerce.
Al-Roudhan stressed the existence of common economic goals between the two countries that will address many different issues.
He said that the Ministerial Committee's achievement of signing the minutes of the meeting for joint cooperation is positive towards enabling the two countries to activate relations in various fields, stressing that Kuwait is keen to overcome all obstacles that may hinder the process of bilateral cooperation in order to achieve a qualitative leap in the bilateral relationship.
He pointed out that the results of the committee underscored the two countries' keenness to enhance cooperation and coordination in all fields, stressing the need to follow up what was agreed in the minutes of the meeting and to implement the proposals and recommendations issued by the Joint Committee and reflected in the appropriate practical framework because of its vital role in enhancing bilateral cooperation At all levels.
He pointed out that the meeting will be renewed in November next during the Baghdad International Fair, where he will head the delegation of Kuwait from various government agencies and the private sector.
In turn, Iraqi Trade Minister Mohammad Al-Ani told KUNA that the meetings discussed the border port of Safwan, which the Iraqi cabinet decided to allocate a piece of land for the port.
He added that the Kuwaiti side will be established in addition to discussing issues related to trade and economic aspects between the two countries.
Al-Ani said that the committee achieved success in its first meeting and that the next meeting will be in Baghdad, pointing out that the minutes of the first session of the Kuwaiti-Iraqi Joint Ministerial Committee are the cornerstone of wide and diversified trade relations between the two countries.
He pointed out that the signed minutes represent a real road map to overcome all obstacles that hinder the flow of goods between the two countries, in addition to the real starting point for future trade and economic relations in the interest of both countries.
He said that the Iraqi government is determined to strengthen and deepen trade and economic relations between the two countries, noting that the Ministry of Commerce will be keen to follow up the implementation of what has been agreed in this record with the competent Iraqi authorities and to overcome all the obstacles that hinder the development and development of trade and economic relations.
For his part, Khalid Al-Khaled, a member of the Kuwait Chamber of Commerce and Industry, said: "All conditions are conducive to further success and all hands are open to cooperation and all fields are subject to development and participation. We, like all the other countries in the Arab world, are one team.
For his part, the representative of the Iraqi National Commission for Investment, Zuhair Jaafar, said that the fields of cooperation (Iraqi Kuwait) are moving towards expansion, stressing that Kuwait is striving to develop trade and investment relations between the two countries, especially the large investment relationship between the public and private sectors in strengthening cooperation between the public and private sectors. in Iraq.
Jafar added that the law of partnership between the private and public was presented to the Iraqi Council of Representatives, explaining that this law will provide full protection for foreign investors inside Iraq in addition to that it will provide immunity for Kuwaiti investments and gives them privileges and multiple characteristics.
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