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[size=36]From the economy of wars to peace.. Al-Kazemi's advisor comments on Washington's visit[/size]
political| 07:04 - 07/28/2021
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Baghdad - Mawazine News,
Adviser to the Prime Minister, Mazhar Muhammad Salih, considered, on Wednesday, Prime Minister Mustafa Al-Kazemi's visit to the United States a new beginning for the transition from the economy of wars to the economy of peace, development and construction.
Saleh said, "Iraq suffers from a large deficit in investments for a number of reasons, and development was limited to the energy sector, oil production and focus on electricity, as important and large productive sectors were neglected, including industry, services and agriculture."
He added, "Iraq needs a new technological thought and new partnerships, and to invite the United States companies, which represent the largest economy in the world, to invest in Iraq, and it comes within the framework of the investment law to revive the effective and large Iraqi economy and reduce the volume of high unemployment."
He continued, "I think this step is a new page for the transition from the economy of wars and conflict and the remnants of the past to the economy of peace, development and construction."
He added, "America's role in investment, construction and reconstruction is an important turning point that must be worked on in the strategy of the relationship between Iraq and the United States, and the current openness is the first of its kind."
Today, Wednesday, Prime Minister Mustafa Al-Kazemi stressed, during his meeting with the Businessmen Forum and the American Chamber of Commerce, that "the Iraqi government has taken bold measures towards real reforms in the economy, the most important of which is strengthening credit activity in the banking sector," noting: "We have started to address the weak infrastructure despite from the budget deficit, by encouraging private sector investments.
He added, "The government has proposed clean energy projects through competitive and transparent bidding, which resulted in attracting the largest international companies in the field of solar energy, and we are now in negotiations with the largest international companies to grant 7,500 megawatts in the field of solar energy during the next two years."
He pointed out that "the government has begun to address the housing crisis through a package of measures, the most important of which is the initiative of government banks, and a number of private banks to offer low-cost and long-term loans to support the purchase of housing units, and this will also help encourage investment in the real estate sector," stressing that "this initiative helped to revitalize a number of stalled projects.
He added, "Corruption is being fought and state resources are preserved, and one of the most important measures is the cancellation of licenses in fake and lagging projects that are behind the mafias of economic and political corruption," stressing that "in a short period we have achieved great progress in the investment sector, and there is great work in the oil field." And energy, and clean energy in particular, and we have launched strategic projects in the field of gas, and the investment of associated gas, in cooperation with American companies.”
He pointed out that "Iraq's doors are open to investment, and American companies in particular, and our vision is serious in relying on Western investments instead of others, and we need your cooperation in order to achieve this." Ended 29 / h
Adviser to the Prime Minister, Mazhar Muhammad Salih, considered, on Wednesday, Prime Minister Mustafa Al-Kazemi's visit to the United States a new beginning for the transition from the economy of wars to the economy of peace, development and construction.
Saleh said, "Iraq suffers from a large deficit in investments for a number of reasons, and development was limited to the energy sector, oil production and focus on electricity, as important and large productive sectors were neglected, including industry, services and agriculture."
He added, "Iraq needs a new technological thought and new partnerships, and to invite the United States companies, which represent the largest economy in the world, to invest in Iraq, and it comes within the framework of the investment law to revive the effective and large Iraqi economy and reduce the volume of high unemployment."
He continued, "I think this step is a new page for the transition from the economy of wars and conflict and the remnants of the past to the economy of peace, development and construction."
He added, "America's role in investment, construction and reconstruction is an important turning point that must be worked on in the strategy of the relationship between Iraq and the United States, and the current openness is the first of its kind."
Today, Wednesday, Prime Minister Mustafa Al-Kazemi stressed, during his meeting with the Businessmen Forum and the American Chamber of Commerce, that "the Iraqi government has taken bold measures towards real reforms in the economy, the most important of which is strengthening credit activity in the banking sector," noting: "We have started to address the weak infrastructure despite from the budget deficit, by encouraging private sector investments.
He added, "The government has proposed clean energy projects through competitive and transparent bidding, which resulted in attracting the largest international companies in the field of solar energy, and we are now in negotiations with the largest international companies to grant 7,500 megawatts in the field of solar energy during the next two years."
He pointed out that "the government has begun to address the housing crisis through a package of measures, the most important of which is the initiative of government banks, and a number of private banks to offer low-cost and long-term loans to support the purchase of housing units, and this will also help encourage investment in the real estate sector," stressing that "this initiative helped to revitalize a number of stalled projects.
He added, "Corruption is being fought and state resources are preserved, and one of the most important measures is the cancellation of licenses in fake and lagging projects that are behind the mafias of economic and political corruption," stressing that "in a short period we have achieved great progress in the investment sector, and there is great work in the oil field." And energy, and clean energy in particular, and we have launched strategic projects in the field of gas, and the investment of associated gas, in cooperation with American companies.”
He pointed out that "Iraq's doors are open to investment, and American companies in particular, and our vision is serious in relying on Western investments instead of others, and we need your cooperation in order to achieve this." Ended 29 / h
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