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Saudi Arabia: Trade exchange with Iraq has increased fivefold in recent years
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Economy News - Baghdad
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Added 09/05/2024 - 12:27 PM
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Economy News - Baghdad
Saudi Arabia confirmed, on Thursday, that trade exchange with Iraq has increased fivefold in recent years.
The Ministry of Foreign Affairs stated in a statement received by "Al-Eqtisad News" that "the Ambassador of the Republic of Iraq to the Kingdom of Saudi Arabia, Safiya Talib Al-Suhail, visited the Saudi Export Development Authority, where she met with the CEO of the Authority, Abdul Rahman Al-Dhakir, in the presence of a number of officials. The ambassador was accompanied by a delegation from the embassy's senior staff, in addition to the Iraqi commercial attaché in the Kingdom."
She added: "During the meeting, the latest developments in economic relations and trade exchange between the two countries were reviewed, in addition to the ongoing preparations for the Kingdom's participation in the Baghdad International Fair for the year 2024."
Al-Suhail stressed "the Iraqi government's interest in enhancing trade exchange and cooperation in various economic and investment fields."
She praised the "prominent role of the Kingdom in the Baghdad International Fair earlier this year, expressing her aspiration for a broader and more effective participation from the Kingdom in the next edition of the exhibition, reflecting the development of bilateral relations between the two brotherly countries."
The Ambassador expressed her thanks to "the Kingdom for the facilities provided to Iraqi companies participating in exhibitions and trade forums in Riyadh," stressing "the importance of strengthening this cooperation in the future."
For his part, Abdul Rahman Al-Dhakir expressed his satisfaction with "the remarkable growth in trade exchange between the Kingdom and Iraq in recent years, which has increased fivefold."
He stressed "the Authority's readiness to continue supporting and strengthening economic relations between the two countries, while seeking to benefit from successful experiences and exchange expertise between the two sides."
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Added 09/05/2024 - 12:27 PM
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