[size=36]The President of the Republic: Iraq has promising investment opportunities, and we hope that the budget will be approved soon[/size]
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, President of the Republic, Abdul Latif Jamal Rashid, received, on Wednesday, a number of ambassadors of Arab countries accredited to Iraq.
Rashid stated, according to a statement received by Mawazine News, that "the results of forming the current government are fruitful despite the time it took to form, and its program is serious and prioritizes, especially with regard to providing the necessary services and rebuilding infrastructure, and this is what will be achieved in light of the stability and peace that Iraq is experiencing." Now, after years of wars, terrorism and violence.
The President of the Republic touched on his participation in the Arab Summit Conference in Algeria, praising "the decisions that resulted from the summit, the role of the Arab League, and the success of sister Algeria in organizing the summit," stressing that the Arab leaders and presidents welcomed the formation of the government and Iraq's role in resolving outstanding issues between the Arab countries. .
He added, "Preserving the environment has become a global issue and the countries of the region are very interested in improving the environment and addressing water scarcity," pointing out that "European countries in the Davos Economic Forum were interested in Iraq's participation and expressed their willingness to cooperate, as they consider our region rich, civilized and important. There was also interest from Participants in the Davos conference on democracy and its importance.
He pointed out, "Iraq has promising investment opportunities, but we need to rehabilitate the infrastructure and should coordinate and cooperate with the Arab countries to create an investment environment in Iraq, and we need in this field bilateral and tripartite cooperation with the Arab brothers."
And he continued, "We hope, within a short period to come, to approve the budget that has not been approved for three years, which caused delays in the completion of vital projects," calling on the ambassadors to "encourage companies in their countries for the purpose of investing in Iraq."
Regarding the security situation, the President of the Republic affirmed that "the situation is stable, but unfortunately the media did not convey this image of Iraq," calling on the ambassadors to "convey the true picture of Iraq and the state of safety in its cities," pointing out that "presidents, leaders and politicians expressed their support for Iraq in His efforts to consolidate security and stability and their desire to establish effective relations with him.
In their turn, the ambassadors of the Arab countries affirmed, "their countries' keenness and desire to expand the horizons of cooperation in a way that secures the supreme interests of all and achieves the aspirations of the peoples for prosperity and progress."
And the Emirati ambassador stated that "his country is keen to strengthen relations between the two countries," stressing that "there are companies ready to work in Iraq."
The Saudi and Kuwaiti ambassadors touched on "the importance of investing in Iraq and working to develop an investment protection agreement in a way that motivates the investor to start direct steps to work."
The Saudi ambassador considered that "the economy has become a substitute for the use of military force," pointing to "the necessity of coordination, cooperation and facilitation of procedures in order to develop investment work and exploit available opportunities."
For his part, the Lebanese ambassador pointed to "the need to support the private sector, which needs real partnership with the public sector." Ended 29/N33