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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Al-Kazemi meets with a number of Saudi businessmen

    Rocky
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    • Post n°1

    Al-Kazemi meets with a number of Saudi businessmen Empty Al-Kazemi meets with a number of Saudi businessmen

    Post by Rocky Thu 01 Apr 2021, 8:14 am

     Al-Kazemi meets with a number of Saudi businessmen

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    During his official visit to the Kingdom of Saudi Arabia, Prime Minister Mustafa Al-Kazemi met with a number of Saudi businessmen and company heads.
    During his meeting with Saudi businessmen, Al-Kazemi stressed that the opportunity is ripe today to improve economic and trade relations between the two countries, and the need to exploit this opportunity, indicating that there is a political will in support of this in Iraq and Saudi Arabia.
    He indicated that good strides have been made towards laying the right basis for economic and trade relations between the two countries, citing the opening of the Arar border crossing after nearly 30 years of its closure, the activation of the coordination council between the two parties, work on electrical interconnection, and the expansion of Saudi investments in Iraq in the fields of energy and agriculture.
    The Prime Minister said that the Iraqi government attaches today great importance to the development and revitalization of the private sector, indicating that the recent financial crisis revealed the size of the great imbalance that could have been avoided if the state had been able to sponsor, support and develop the business environment in Iraq, and the activity of private sector companies.
    He explained that the great dependence on oil made us prisoners of the fluctuations of the oil market, and facing a serious crisis, one of the causes of excessive public sector inflation and weakness of the private sector, also made us aware of the importance of structural reform of the Iraqi economy, and the expansion and support of the private sector as a real actor in development projects and in the activity of the local market, and embodies This is in the white paper prepared by the Iraqi government as a clear road map in this direction.
    Al-Kazemi explained the importance of benefiting from the Saudi experience in this regard, and the Kingdom's vision towards the transition to a modern, productive economy in harmony with the technological development in the world.
    Al-Kazemi stressed the Iraqi government's commitment to developing the Iraqi-Saudi partnership, and its seriousness to work to improve the investment environment in Iraq, and to overcome the difficulties facing the arrival of Saudi companies to Iraq.
    He also met the President of (ACWA Power), the CEO of (Elm), the President of Alkhorayef Group, and the CEO of Salik.
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