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Baghdad / Range
He praised the "efforts of the Iraqi government to promote Iraq and invest its resources," stressing that "Saudi Arabia looks forward to participating in this development march."
"Iraq and Saudi Arabia have the determination to develop capabilities and build partnerships. Countries have strategic advantages, such as geographical location and oil and mineral resources, which are a solid base for cooperation between the two countries," he said.
Al-Falih pointed out that "cooperation with Iraq is the top priority of the Kingdom, and this interest is the patronage of the Crown Prince," adding that "during the past two months we have made important steps in the field of cooperation between the two countries, including the formation of an energy and industry committee to communicate with the Iraqi side, Saudi companies to accelerate entry into the Iraqi market and the implementation of investments, as well as signed 13 memorandum of understanding between Saudi and Iraqi companies for oil and gas.
"The opening of an office for Saudi company (TAQA) in Iraq, and the company (SABIC) in the reopening of its offices in Iraq, as well as the formation of a committee to work on a giant project to connect the two countries, and will be communicating with the Iraqi side in this regard.