“Sales diplomacy.” South Korea strengthens its presence in Iraq and the region’s markets

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[size=52]“Sales diplomacy.” South Korea strengthens its presence in Iraq and the region’s markets[/size]

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2023-01-27
South Korea announced that its policy of “sales diplomacy” is accelerating, referring to a foreign tour by a South Korean minister in the region, which included Iraq, Saudi Arabia and Qatar.[/size]
[size=45]The Korean newspaper "Korea Times", in its issue issued today, Friday, quoted the Ministry of Land, Infrastructure and Transportation in Seoul as saying that Minister "Won Hee-ryong" accelerated Korean efforts to win construction contracts in Iraq, Saudi Arabia and Qatar, where he met in the three countries with ministers, And officials of the Ministries of Commerce, Transport and Interior during his foreign tour a few days ago, with the aim of enhancing cooperation in planning projects for smart cities and building infrastructure.[/size]
[size=45]The newspaper stated that Minister "Won" held meetings with the Iraqi Minister of Trade, Atheer Al-Ghurairy, on Wednesday, where they agreed to hold a joint Korean-Iraqi committee in the first half of this year, that is, about 5 years after the last meeting that was held in Baghdad in the year 2017. .[/size]
[size=45]In addition, Minister Won held talks with officials of the Iraqi Ministries of Transportation and Interior, which dealt with the latest developments in the ongoing major projects including the construction of the railway system.[/size]
[size=45]The newspaper considered that Minister Won's efforts would enhance the chances of many South Korean companies winning major construction projects in this Middle Eastern country, which has been stalling for a long time due to delays in infrastructure construction initiatives, resulting from previous military conflicts and political turmoil.[/size]
[size=45]In addition, Minister Won held a meeting with Korean employees and workers at their regional headquarters in Iraq, where the report specifically referred to a meeting held with about 50 officials from the Korean “Hanwha” company, which is facing obstacles related to the project to rebuild a new city in Bismayah, located about 10 kilometers away. Southeast of Baghdad.[/size]
[size=45]The newspaper also covered the visit of the Korean minister to Qatar, where he held talks with Qatari ministers, related to enhancing South Korea's opportunities in infrastructure projects in Qatar, stressing the importance of addressing outstanding issues between the executors of Korean projects regarding the railway project and their Qatari partners in the project.[/size]
[size=45]The Korean minister's talks in Doha also dealt with areas of cooperation in food security, as South Korea has a successful experience in smart agriculture, in addition to accelerating cooperation in building green projects that include offshore wind energy, as well as building railways.[/size]
[size=45]Minister Won also raised the concerns of Korean companies, who have expressed concern about continued delays in highway construction projects.[/size]
[size=45]The South Korean ministry concluded by saying that South Korea will enhance cooperation not only in the construction of infrastructure, but also in the energy sectors with Saudi Arabia, Iraq, Qatar and countries in which Korean companies can find opportunities for growth, benefiting from years of strong relations over the past decades.[/size]
[size=45]Translation: Shafak News Agency[/size]
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