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[size=36]Baghdad and Riyadh are discussing activating memorandums of understanding for the banking sector and investment opportunities in Iraq[/size]
Economy| 09:49 - 05/25/2023
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Baghdad - Mawazine News
, Minister of Finance, Taif Sami, discussed with Saudi Minister of Investment Khaled Al-Falih the openness towards developing partnership with the Kingdom in various sectors.
A statement by the Ministry of Finance stated, "Finance Minister Taif Sami met with Saudi Minister of Investment Khaled Al-Falih on the sidelines of the meetings of the Iraqi-Saudi Coordination Council in its fifth session held in the Kingdom of Saudi Arabia."
He added, "The two sides discussed common files in the fields of economy, money and investment, and openness towards developing partnership with the Kingdom in various sectors. The understanding signed between the two countries, especially with regard to the banking sector and the abundant investment opportunities in Iraq, and facilitating entry requirements for Saudi investors.
Sami stressed, "The priority is to raise the level of relations with Saudi Arabia, and raise the level of strategic and investment relations to the highest levels, support and enhance them in a way that serves the interests of the two countries and peoples in various fields."
The statement added: "A meeting of the joint business council between the two countries, and the Saudi-Iraqi economic forum, will be held on the sidelines of the session of the Coordinating Council, in the presence of a number of businessmen in the two countries." Ended 29/N33
, Minister of Finance, Taif Sami, discussed with Saudi Minister of Investment Khaled Al-Falih the openness towards developing partnership with the Kingdom in various sectors.
A statement by the Ministry of Finance stated, "Finance Minister Taif Sami met with Saudi Minister of Investment Khaled Al-Falih on the sidelines of the meetings of the Iraqi-Saudi Coordination Council in its fifth session held in the Kingdom of Saudi Arabia."
He added, "The two sides discussed common files in the fields of economy, money and investment, and openness towards developing partnership with the Kingdom in various sectors. The understanding signed between the two countries, especially with regard to the banking sector and the abundant investment opportunities in Iraq, and facilitating entry requirements for Saudi investors.
Sami stressed, "The priority is to raise the level of relations with Saudi Arabia, and raise the level of strategic and investment relations to the highest levels, support and enhance them in a way that serves the interests of the two countries and peoples in various fields."
The statement added: "A meeting of the joint business council between the two countries, and the Saudi-Iraqi economic forum, will be held on the sidelines of the session of the Coordinating Council, in the presence of a number of businessmen in the two countries." Ended 29/N33
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