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The Minister of Finance signs a series of joint agreements with the Saudi side
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On Thursday, Finance Minister Ali Abdul Amir Allawi signed agreements with his Saudi counterpart in the field of double taxation and export financing, on the sidelines of the Saudi visit with the delegation headed by Prime Minister Mustafa Al-Kazemi and a number of ministers.
In a statement received by Al-Iqtisad News, the ministry stated, "The Minister of Finance and Chairman of the Iraqi-Saudi Coordination Council Ali Abdul Amir Allawi participated with the delegation headed by Al-Kazemi and a number of ministers and high-level personalities based on the lawsuit addressed to the Prime Minister from the Kingdom of Saudi Arabia for the purpose of strengthening relations Bilateral relations between the two countries. "
The statement added, "In order to complete the work of the Iraqi-Saudi Coordination Council conference, which was held in Baghdad in January 2020, the Iraqi Minister of Finance Ali Abdul Amir Allawi signed an agreement to prevent double taxation, and the Saudi Minister of Finance signed it for the Saudi side."
The statement pointed out that "the minister signed the Saudi export financing agreement, and on the Saudi side, the CEO in charge of the Saudi Fund for Development, in addition to the Iraqi government signing three agreements and memoranda of understanding jointly between the Iraqi and Saudi sides represented" in the field of development planning for economic diversification and private sector development, and an agreement in the field of Culture and an agreement in the field of media. "
"These steps come to complete the work of the Iraqi-Saudi Coordinating Council to support and enhance the interests of the two brotherly countries in the fields of tourism, economy, security, development and trade, which will contribute to supporting the national economy, attracting foreign investment and enhancing revenues through achieving economic development," the statement said.
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