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The UAE confirms its keenness to strengthen its strategic partnership with Iraq
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[rtl]Baghdad / NINA / The UAE Minister of State for Foreign Trade, Thani bin Ahmed Al-Zeyoudi, discussed with the President of the International Development Bank of Iraq ways to strengthen economic relations between the UAE and Iraq and support joint investment opportunities between the two countries.
During his visit to the International Development Bank of Iraq in the Emirates, Al-Zeyoudi stressed the UAE’s keenness to strengthen its strategic partnership with Iraq in all fields, especially trade and investment relations in priority sectors, noting, “There is a mutual keenness to develop economic relations in a way that provides more Opportunities for the business and private sector communities in both the UAE and Iraq, which was reflected positively in the data on non-oil bilateral trade and mutual investment flows.”
During the visit, the two sides reviewed files of common interest, the vital role played by the Iraqi Bank in strengthening trade and investment ties between the UAE and Iraq, cooperation paths to increase opportunities for promising partnerships between the business communities in the two countries, and seeking to develop means of strategic cooperation to enhance trade and investment in Priority sectors.
Al-Zeyoudi was briefed on the bank’s plans, and what its branch in Dubai achieved within a year and a half of its founding, as it succeeded in managing about 10% of the volume of trade exchange between the two countries, which exceeded 27 billion dollars annually./End 11[/rtl]
During his visit to the International Development Bank of Iraq in the Emirates, Al-Zeyoudi stressed the UAE’s keenness to strengthen its strategic partnership with Iraq in all fields, especially trade and investment relations in priority sectors, noting, “There is a mutual keenness to develop economic relations in a way that provides more Opportunities for the business and private sector communities in both the UAE and Iraq, which was reflected positively in the data on non-oil bilateral trade and mutual investment flows.”
During the visit, the two sides reviewed files of common interest, the vital role played by the Iraqi Bank in strengthening trade and investment ties between the UAE and Iraq, cooperation paths to increase opportunities for promising partnerships between the business communities in the two countries, and seeking to develop means of strategic cooperation to enhance trade and investment in Priority sectors.
Al-Zeyoudi was briefed on the bank’s plans, and what its branch in Dubai achieved within a year and a half of its founding, as it succeeded in managing about 10% of the volume of trade exchange between the two countries, which exceeded 27 billion dollars annually./End 11[/rtl]
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