Economist: The agreements with Saudi Arabia may be met with skepticism and war
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Al-Hamashi said in a statement to the Iraqi National News Agency ( NINA ): "The agreements with Saudi Arabia may be met with skepticism and war, but the economic situation requires everyone to submit to the status quo, especially since these agreements differed in terms of the size of the investment amounting to 3 billion dollars in several areas and Its head is the stalled energy sector, which needs money to complete its projects. "
He added, "The country's economic conditions do not tolerate controversies and quarrels, especially since the friends of regional countries such as Iran and Turkey are in an embarrassing situation, since the country needs the entry of investors in all fields, especially service ones."
An Iraqi delegation headed by Prime Minister Mustafa Al-Kazemi signed a number of agreements and memoranda of understanding with the Saudi side yesterday, Wednesday, during an official visit to the Kingdom of Saudi Arabia.
It was agreed to establish a joint Iraqi-Saudi fund, whose capital is estimated at three billion dollars, and the two sides also agreed to complete the electrical interconnection project. / End 3[/rtl]