Home
Saudi Arabia expresses its desire to establish industrial projects in Iraq
13/1/2018 12:00 am [rtl]In a bilateral meeting, al-Sudani gathered with her ambassador Baghdad / Follow-up Hussein Thugb The Minister of Industry and Minerals Mohamed Shiaa Al-Sudani and the Ambassador of the Kingdom of Saudi Arabia to Iraq Abdul Aziz Bin Khalid Al-Shammari discussed means of expanding the horizons of industrial cooperation between the two countries and encouraging investment. "The importance of increasing cooperation and open new horizons and channels of communication between Iraq and Saudi Arabia to improve the level of relations between the two countries and in order to achieve the common interests of their peoples, where the two countries link historical relations and all levels, noting that Iraq and Saudi Arabia have their economic weight in the region and significantly" . He stressed that the ministry aims to open up to the private sector for the purpose of concluding partnership agreements under the Companies Law, which allowed government companies to contract with Arab and foreign companies in accordance with the directives in line with the general government orientation to create the appropriate environment for attracting foreign investments, in the country" . My footsteps are confident President of the Chamber of Commerce and Industry, Saudi Arabia Joint Firas Al-Hamdani, stressed the need to intensify visits between the delegations of the two countries to discuss the mechanisms of cooperation from all parties and at a safe pace, in light of the great desire between the two governments to expand cooperation at all levels and the most important economic cooperation. He pointed out in an interview with Al Sabah that "openness to the Kingdom represents a new gateway for joint action at the regional level, especially that the return of Iraq to the Arab House represents a gateway to achieve integration and strengthen the economies of the region to the existence of a large workload in Iraq, Requires a large and large scale of work, as the Chamber looks forward to adopting plans aimed at broad strategic cooperation. " "The continuous visits of the delegations of the two countries represent an important step for the restoration of cooperation and confirm the great desire to start a new phase of relations that could contribute to the great benefit to Saudi Arabia," Hamdani said. For his part, Saudi Ambassador Abdul Aziz bin Khalid al-Shammari, "the desire of his country to cooperate and develop bilateral relations with Iraq in various fields and work alongside Iraqi companies to contribute to the development of the industrial sector through partnership or investment, expressing the desire of Saudi businessmen to establish new projects in Iraq, Expressing the hope that this meeting will contribute to the development of the future of bilateral relations between the two countries. " Economic vitality in turn , competent economic affairs Qasim Bahadli noted that " the integration of Iraq economically and Saudi Arabia would bring great benefit to the two countries, and contribute to change the shape of the region 's economies and affect the international market, where the region will be more economic vitality and become a global market." He said: "Iraq has the elements of the success of achieving economic advancement, which facilitates the process of cooperation and achieve positive results in a short period," noting that "the importance of the local private sector will emerge strongly in the next phase as the responsibility of managing the national economy." Energy and Industry Sudanese expressed his "support and encouragement to enter Saudi companies wishing to work in Iraq, especially in the fields of energy and industry," pointing out that "discussions were held with SABIC to enter into investment in the field of phosphate fertilizers and petrochemicals in addition to mineral investment because of Iraq's possession of minerals is the largest In the region. " New understandings The meeting also discussed the formation of a joint economic coordination council covering all industrial fields, both public and private, to allow Saudi businessmen to invest in Iraq, which would be a step to create new understandings and translate into real partnership. It is hoped that the council will include representatives of chambers of commerce in both countries. . A large Saudi delegation of 60 companies participated in the last Baghdad International Exhibition, and 20 Saudi companies specialized in oil, gas, energy and logistics, including the oil giant Aramco and other companies with an international oil presence participated in the previous Basra International Fair.[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
» Ports Authority notes the fate of the five berths in the Grand Faw Port
» MP: Why is the regional government fighting the civil banks war and leaving the core of the issue?
» Political researcher: The amendment will include sovereign ministries
» Retirement: End of service bonus paid to more than 7,000 retirees
» Al-Mashhadani stresses the importance of the role of the Audit Bureau in combating administrative an
» Al-Mashhadani and Al-Hakim discuss parliament’s approval of important laws
» Parliamentary consensus to pass controversial laws soon
» Currency Auction.. Increase in the Central Bank of Iraq’s sales of foreign remittances
» Interior Ministry dismantles 600 drug networks, electronic passport to be introduced soon - Press co
» utube 11/2/24 MM&C Report-Iraq 3 Presidents-National-Constitutional Entitlements-Open Market Operati
» utube 11/5/24 MM&C MM&C News Report-ICC-Investors-RIYADA BANK-Port of Faw-3 Presidents Seated-Removi
» Foreign Minister warns of major and dangerous economic repercussions
» Roadmap for Reform
» Government reshuffle looms over Al-Sudani’s cabinet.. The compass of change is heading towards 4 min
» Parliamentary move to legalize foreign labor in Basra
» Parliament intends to amend the retirement law and return the service age to 63 years
» Parliamentary move to question a senior official and complete procedures against the Minister of Com
» Legal expert explains the mechanism for forming the Kurdistan Regional Government
» Silk Road imposes a state of maximum alert suddenly
» Sheikh Raouf: There is an urgent need to find a constructive, corrective opposition in Kurdistan
» Green light from Baghdad to build the first waste recycling plant in eastern Iraq
» MP: Al-Mashhadani discussed 3 important files with parliamentary blocs
» MP: Al-Mashhadani's election will not affect the completion of legislation
» Parliamentary Oil: Investment in associated gas in fields exceeds 60%
» IMF: Foreign investment outperforms sovereign funds in generating growth in Gulf
» Categories exempted from the curfew in the population census.. Get to know them
» Kurdish investment trend in central and southern Iraq.. What are the reasons?
» Iraq exports more than 6 million barrels of oil to America in a month
» The Private Banks Association supports the Prime Minister’s directives to localize private sector em
» Parliamentary confirmation to support financial oversight in combating corruption
» Next Sunday.. Celebrating Baghdad Day
» Sayyid Sistani's commandments
» New services for health insurance subscribers
» Al-Sudani directs ministries to leave (cash)
» Mr. Sistani sets a roadmap for Iraq’s prosperity
» OPEC+ postpones production increase
» Government Advisor to {Sabah}: Turkish companies’ expertise has given them importance in implementin
» The future of smart cities in Iraq is on the table for discussion
» Expectations of achieving agricultural self-sufficiency within 3-5 years
» Ministry of Agriculture: Launches the Electronic Inquiry System Service
» Electricity contract employees demonstrate in Maysan to demand permanent employment
» The Council of Ministers holds its regular session headed by Al-Sudani
» Iraqi oil exports to America amounted to more than 6 million barrels during the past month
» Launching the major national campaign to raise awareness of the Social Security Law
» Private Banks Association: We support the Prime Minister’s directives to localize private sector emp
» Parliamentary Committee: The Social Security Fund has become sovereign and the legislation of the la
» Britain launches programme inside Iraq to combat 'Kurdish human trafficking gangs' in France
» Warnings of delay in forming the regional government: will push regional and international parties t
» Dollar prices rise again in Baghdad Stock Exchange and Exchanges
» Al-Sudani praises the assistance provided by the United Nations mission to Iraq in facing challenges
» The Private Banks Association announces its support for Al-Sudani’s approach to localizing private s
» Interior: We have achieved a very significant decrease in crime rates across the country
» The Private Banks Association announces its support for Al-Sudani’s approach to localizing private s
» Iraq, Saudi Arabia sign MoU for military cooperation, boost bilateral ties
» Transportation: Direct flights to 4 global cities
» Prime Minister stresses importance of Mr. Sistani's diagnosis of Iraq's needs
» “To enhance national security”.. Parliamentary Committee: Intelligence Service Law is ready to be pr
» Optimism for a bountiful agricultural season.. Kurdistan Region records record high rainfall amounts
» Al-Sistani’s “Seven Commandments” occupy Iraqi politics.. A reading of the position of the authority
» As the date approaches, will Article 140 hinder the population census?
» Prime Minister directs unification of efforts in the Iraqi Media Network
» “Framework” coups with Sunni facades on the map of local governments in preparation for the 2025 ele
» Parliament intends to extend the legislative session for a month
» Difficult tests facing Parliament.. What are the scenarios for the remainder of the current session?
» Parliamentary Security: Iran will launch a new strike against “Israel” within a short period.. What
» Barzani to Romanowski: We have started negotiations to form the tenth government and no veto on any
» Al-Sudani directs the localization of private sector salaries and sets a date for the departure of c
» Bakhtiar Haji meets a delegation from the General Directorate of Civil Defense in the Kurdistan Regi
» New Cities Authority sets timeframes for project completion, reveals details of its services
» Oil announces completion of drilling and rehabilitating 15 wells during the past month
» Ministerial Council for Economy: Taking the necessary measures and decisions that contribute to mark
» Parliamentary Legal: There is a trend to extend the legislative term of Parliament
» What is the truth about extending the legislative term of the House of Representatives?
» The "Freedom of Demonstration" Law is Ready for Voting.. How Was It Amended?
» Mr. Al-Sadr on the US elections: It is shameful for an Arab to pin his hopes on a senile or insane p
» Laws stuck hostage to disputes between blocs
» Doubts after the decline in power supply at the beginning of each month.. Is there a deal between ge
» Integrity and the Financial Supervision Bureau agree to activate the cooperation agreement between t
» Al-Mashhadani faces 170 suspended laws.. Will they be approved or deported?
» Parliamentary demands to cancel the security agreement with Washington
» MP: Oil derivatives smuggling has decreased by 80% in Iraq
» After years of controversy, the Minority Protection Act is submitted for the first reading
» Al-Sayhoud: The ministerial reshuffle is useless for several reasons
» Iraqi government makes changes to the General Secretariat: Al-Juhaishi succeeds Al-Halbousi
» Extension of the legislative term of the Iraqi parliament for an additional month to pass laws
» Prime Minister: The necessity of strengthening Iraq's position to be at the forefront of the region'
» Parliamentary Transportation: We are determined to pass the Civil Aviation Authority Law
» Baghdad Council: Study of the reality of companies applying to implement projects
» Water Resources announces its control over the oil slick in the Tigris River
» Reconstruction: A new government vision for distributing serviced lands among those entitled to them
» Parliamentary Immigration Committee demands increasing the amount of the return grant
» Accreditation of specialized graduates to support quality control
» Heritage markets and buildings in Mosul after its reconstruction
» Specialized committee to ensure acceptance of cybersecurity outputs
» The Ministry of Interior issues mechanisms to regulate the work of private security companies
» Baghdad Council: Study of the reality of companies applying to implement projects
» Welcome to the trends of establishing an administrative capital
» Securities trade more than 88 billion shares