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[size=36]announces new procedures for the entry of investors and businessmen[/size]
Economie| 12:50 - 19/11/2021
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Baghdad - Mawazine News
, Minister of Commerce, Alaa Al-Jubouri, announced, on Friday, new procedures for the entry of investors and businessmen between Iraq and Turkey.
In a speech during his attendance at the Turkish-Iraqi Business Forum for Investments and Contracting, currently held in Istanbul, Minister al-Jubouri stressed, according to a statement by the ministry, "the importance of returning to alliances and joint economic and regional blocs as they contribute to the stability of the region," noting that "there is a problem in investing resources and the importance of return." smart investment.
The minister also stressed "the importance of the forum in supporting clean industries," explaining that "the Iraqi government has prepared a plan for coordination and solving all existing problems."
He explained, "The meeting today comes with the aim of providing support to the Iraqi and Turkish private sectors, through the participation of the relevant government agencies, to raise the level of trade exchange between the two countries and to incorporate real economic partnerships, in addition to offerings of available investment opportunities of common interest to both countries."
The minister pointed out that "Iraq hopes that this forum will have an active role to serve the interests of the two countries," inviting Turkish companies to participate in the reconstruction of the damaged cities in Iraq, and to invest in the projects available to them, noting that "Turkish companies and Turkish businessmen have experience." And the potential in this area, especially since Turkey is one of the developed countries in the industrial and agricultural sectors, housing, roads, bridges and services that Iraq can benefit from.”
He pointed out that "through this participation, Iraq seeks to combine efforts towards achieving the desired goals of establishing this forum," noting that "the Iraqi government has recently begun to pass several laws in the interest of the private sector to advance the commercial, industrial and investment sectors between the two countries, especially since the volume of The trade exchange between the two countries amounted during the past five years, in 2016 approximately 10 billion dollars, in 2017 approximately 12 billion dollars, in 2018 approximately 12 billion dollars, in 2019 approximately 12 billion dollars, and in 2020 approximately 18 billion dollars, While it amounted to about $9 billion in 2021 until last September, despite the global economic conditions that were negatively affected by the Corona pandemic.
The Minister of Commerce concluded his speech by saying that he would like to take this opportunity to renew his greetings to all the attendees and officials who contributed to organizing the forum, in particular the Turkish Minister of Trade, Mehmet Muş, for his kind hospitality, wishing to adopt social concepts as it contributes to increasing trade exchange between the two countries. Ended 29/A 4
, Minister of Commerce, Alaa Al-Jubouri, announced, on Friday, new procedures for the entry of investors and businessmen between Iraq and Turkey.
In a speech during his attendance at the Turkish-Iraqi Business Forum for Investments and Contracting, currently held in Istanbul, Minister al-Jubouri stressed, according to a statement by the ministry, "the importance of returning to alliances and joint economic and regional blocs as they contribute to the stability of the region," noting that "there is a problem in investing resources and the importance of return." smart investment.
The minister also stressed "the importance of the forum in supporting clean industries," explaining that "the Iraqi government has prepared a plan for coordination and solving all existing problems."
He explained, "The meeting today comes with the aim of providing support to the Iraqi and Turkish private sectors, through the participation of the relevant government agencies, to raise the level of trade exchange between the two countries and to incorporate real economic partnerships, in addition to offerings of available investment opportunities of common interest to both countries."
The minister pointed out that "Iraq hopes that this forum will have an active role to serve the interests of the two countries," inviting Turkish companies to participate in the reconstruction of the damaged cities in Iraq, and to invest in the projects available to them, noting that "Turkish companies and Turkish businessmen have experience." And the potential in this area, especially since Turkey is one of the developed countries in the industrial and agricultural sectors, housing, roads, bridges and services that Iraq can benefit from.”
He pointed out that "through this participation, Iraq seeks to combine efforts towards achieving the desired goals of establishing this forum," noting that "the Iraqi government has recently begun to pass several laws in the interest of the private sector to advance the commercial, industrial and investment sectors between the two countries, especially since the volume of The trade exchange between the two countries amounted during the past five years, in 2016 approximately 10 billion dollars, in 2017 approximately 12 billion dollars, in 2018 approximately 12 billion dollars, in 2019 approximately 12 billion dollars, and in 2020 approximately 18 billion dollars, While it amounted to about $9 billion in 2021 until last September, despite the global economic conditions that were negatively affected by the Corona pandemic.
The Minister of Commerce concluded his speech by saying that he would like to take this opportunity to renew his greetings to all the attendees and officials who contributed to organizing the forum, in particular the Turkish Minister of Trade, Mehmet Muş, for his kind hospitality, wishing to adopt social concepts as it contributes to increasing trade exchange between the two countries. Ended 29/A 4
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