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Economy News - Baghdad
On Monday, the Minister of Industry and Minerals, Khaled Batal Al-Najm, discussed with the Turkish Ambassador to Iraq, Alireza Konay, the establishment and development of industrial cities in the cities of Mosul and Tal Afar, according to Iraqi laws.
The media office of the Ministry of Industry said in a statement, "The Minister of Industry and Minerals, Khaled Batal Al-Najm, met with the Turkish ambassador to Iraq, Ali Reza Konay, accompanied by the head of the Turkish Business Council and a number of Turkish businessmen, to discuss opportunities for joint industrial cooperation, in the presence of the Undersecretary of the Ministry for Planning, Ahmed Al-Karim, and the Director General of the Department. investments".
The minister stressed, "the endeavor to strengthen the Iraqi-Turkish bilateral relations in a way that achieves the common interests of the two countries," expressing "readiness to cooperate with Turkish companies through the conclusion of partnership contracts in accordance with the approved Iraqi laws, whether in the field of establishing new industrial projects or establishing and developing industrial cities in the cities of Mosul and Tal Afar." According to Iraqi laws and the privileges and facilities they provide, including customs exemptions for raw materials.
He pointed out, "The necessity of introducing the Turkish side to the investment opportunities announced and offered by the ministry's companies that pertain to strategic industries such as iron and steel, medicines, fertilizers, and cars, to detailed industries that include food, textile, and leather industries."
For his part, the Turkish ambassador indicated that "his country has a strategic vision regarding industrial cities in order to make them an example of work for investment companies and provide job opportunities," stressing "the desire and endeavor of his country's government to work seriously in Iraq to create job opportunities and advance the level of relations and joint work."
The statement continued, "The meeting dealt with reviewing and discussing a number of common issues and existing projects between the two countries, and appropriate ways and solutions for the success of these projects in a way that achieves mutual benefit for the two neighboring countries, and it was also agreed that the Turkish side would conduct field visits to the ministry's companies to see the capabilities available to these companies, opportunities and projects." available investment.
Added 12/19/2022 - 8:55 PM
Updated 12/20/2022 - 1:26 PM
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