Positive shifts in economic relations between Iraq and Saudi Arabia

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.]