16:00 - 08-16-2022
Federal Minister of Planning Khaled Battal Al-Najm affirmed today, Tuesday, that Iraq seeks to achieve more economic integration with the countries of the region, while indicating that work is continuing to complete the requirements of electrical interconnection with the Gulf countries, Saudi Arabia and Jordan.
The Ministry of Planning said in a statement, "The Minister of Planning Khaled Batal Al-Najm participated in the economic, investment and pioneering brotherhood conference organized by the Jordanian-Iraqi Brotherhood Association in Amman, with the aim of enabling investment and business in the Arab world, with the participation of a number of Jordanian ministers and a wide spectrum of businessmen from both countries. and the Governor of the Central Bank of Iraq.
She added that "the Minister of Planning reviewed, in his speech at the conference, the reality of Arab economic growth, and the overall challenges facing achieving economic integration among Arab countries."
He stressed, "the presence of a number of administrative and technical restrictions related to specifications, shipping and certification certificates, in addition to the absence of value chains for products, entry visas, different Arab legislation, and other challenges that contributed to the failure to achieve Arab economic integration," calling on "Arab countries to unify their economic policies, and grant The private sector plays the biggest role in achieving comprehensive development.
The Minister of Planning spoke about the Iraqi trade balance with Jordan, the UAE and Saudi Arabia, referring to "the establishment of the (Iraqi-Saudi) and (Iraqi-Jordanian-Egyptian) coordination council.
During the work of these two councils, focus was placed on the axes of energy, agriculture, industry, trade and sustainable investment, stressing that "work continues to complete the requirements of electrical interconnection with the Gulf states, Saudi Arabia and Jordan."
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