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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Learn about the most prominent features in the joint Iraqi-Saudi statement

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 268431
    Join date : 2012-12-21
    • Post n°1

    Saudi - Learn about the most prominent features in the joint Iraqi-Saudi statement Empty Learn about the most prominent features in the joint Iraqi-Saudi statement

    Post by Rocky Thu 01 Apr 2021, 8:19 am

      Learn about the most prominent features in the joint Iraqi-Saudi statement

    [You must be registered and logged in to see this image.]




    The office of Prime Minister Mustafa Al-Kazemi announced, on Thursday, the joint Iraqi-Saudi statement after the latter's visit to Saudi Arabia on Wednesday.
    The statement, which was seen by Al-Eqtisad News, stated that it is based on the brotherly and historical ties and ties between Iraq and Saudi Arabia and their brotherly peoples, and a desire to develop relations on solid foundations and principles, foremost among which are Arab and Islamic brotherhood, good neighborliness and common interests, and in response to the call of the Custodian of the Two Holy Mosques. King Salman bin Abdulaziz Al Saud, the Iraqi Prime Minister visited the Kingdom of Saudi Arabia on March 31, 2021. "
     
    He added, "A session of talks was held between the Iraqi Prime Minister and Prince Muhammad bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, which dealt with prospects for bilateral cooperation between the two brotherly countries and ways to enhance them in all fields.
    On the level of bilateral relations, the two sides affirmed their keenness to expand bilateral cooperation in various fields and to activate the agreements and memoranda of understanding reached between the two countries, and urged the ministries and relevant authorities in the two countries to make more efforts to ensure the speedy completion and implementation of these agreements.
    The two sides agreed on the following:
    1- Establishing a joint Iraqi-Saudi fund, the capital of which is estimated at three billion dollars, as a contribution from the Kingdom of Saudi Arabia in promoting investment in economic fields in the Republic of Iraq, for the benefit of the Saudi and Iraqi economies, with the participation of the private sector on both sides.
    2- Cooperation in the fields of energy and renewable energy and activating and accelerating the joint action plan under the umbrella of the Saudi-Iraqi Coordination Council, with the need to continue cooperation and coordination of positions in the petroleum field, within the scope of work of the Organization of Petroleum Exporting Countries (OPEC), and the agreement (OPEC +), with Full commitment to the requirements of the agreement, the compensation mechanism, and all the decisions that have been agreed upon in a way that guarantees the stability of the global oil market.
    3- Completing the electrical interconnection project due to its importance for the two countries.
    4- Enhancing coordination in the field of mutual support and support within the framework of multilateral diplomacy.
    5- Enhancing investment opportunities for Saudi companies and calling them to expand their activities in Iraq and in various fields, and in reconstruction efforts.
    The statement pointed out that "the Republic of Iraq appreciated the participation of the Kingdom of Saudi Arabia in the Kuwait Conference for the Reconstruction of Iraq, which was held during the period 12-14 February 2018, and its pledges and contribution to it. It was agreed to coordinate between the two sides to agree on the means and aspects of the aforementioned support, as well as the initiatives that were appreciated." The Kingdom of Saudi Arabia provided it to the Republic of Iraq in the field of confronting the Corona pandemic (Covid-19).
    "Bilateral agreements were signed that included (an agreement to avoid double taxation, an agreement for cooperation in the field of development planning for economic diversification and private sector development, and a cooperation agreement between the Saudi Contractors Authority and the Iraqi Contractors Union for the reconstruction of Iraq, and the agreement for financing Saudi exports to Iraq)."
    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Fri 19 Apr 2024, 6:20 am