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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Turkish Trade Minister to visit Iraq next week

    Rocky
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    Turkish Trade Minister to visit Iraq next week Empty Turkish Trade Minister to visit Iraq next week

    Post by Rocky Sat 12 Oct 2024, 4:39 am

    Turkish Trade Minister to visit Iraq next week

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    The Iraqi Ministry of Trade announced that Turkish Trade Minister Omer Bolat will visit Iraq at the head of an economic delegation that includes Turkish businessmen, next week.
    The spokesman for the Iraqi Ministry of Trade, Mohammed Hanoun, said that the Turkish minister will visit Iraq on the 18th and 19th of October, and will visit Basra Governorate on the 19th.
    Mohammed Hanoun explained that the Turkish minister "will meet on the 18th of this month at a round table, based on an invitation from Deputy Prime Minister and Minister of Planning Mohammed Tamim, and in the presence of the Minister of Construction and Housing and the Minister of Water Resources, with Turkish contracting companies."
    The Turkish Minister's visit also includes "a meeting of the B2B private sector represented by the Iraqi-Turkish Business Council, the Federation of Chambers of Commerce, the Federation of Iraqi Industries, and the Iraqi Contractors Union."
    The Turkish minister had previously announced Ankara's intention to raise its relations with Baghdad, one of its most important trading partners, to much higher levels.
    The trade volume between Iraq and Turkey reached $20 billion in 2023, and Turkish contractors implemented 1,101 projects worth $34.6 billion in Iraq.
    The Market Forces Committee, formed by Prime Minister Mohammed Shia al-Sudani, recommended holding a joint Iraqi-Turkish forum in Baghdad.
    A statement by the committee stated that "the Market Forces Committee, which was formed by the Prime Minister by a Diwani order, and which consists of the Association of Private Banks, the Federation of Chambers of Commerce, the Iraqi-Turkish Business Council, and the Iraqi Contractors Union, held a joint forum between the two countries, and the committee hosted the financial advisor to the Prime Minister, Dr. Mazhar Muhammad Salih."
    He added, "The committee recommended developing economic relations with Turkey, by holding a joint Iraqi-Turkish forum under the auspices of the Prime Minister in Baghdad on the sidelines of the visit of the Turkish Minister of Trade to Baghdad scheduled for next November."
    The committee focused, according to the statement, on "working to support the establishment of the international development road in a way that contributes to achieving a qualitative leap in international transportation, industry, and the contribution of the private sector, and making Iraq a strategic corridor between the countries of Asia and Europe."
    According to the statement, the committee pointed out "the importance of solving the problems of the Iraqi and Turkish private sectors, which relate to financial transfers, customs, entry visas, and others, in a way that contributes to developing economic relations, stressing the committee's openness to all Iraqi and Turkish market forces."
    Earlier, Prime Minister Mohammed Shia al-Sudani directed the formation of an Iraqi-Turkish committee to organize trade and strategic partnership between the two countries and support Iraqi traders’ imports in dinars, and open a direct dialogue on the subject of (the equal deal) through direct negotiations with the Turkish Exporters Union and the Turkish Central Bank in coordination with the Central Bank of Iraq due to the high desire of the Turkish side to pay in local currency, to finance part of the four baskets supporting prices (food, medicine, construction, spare parts) which the Prime Minister proposed in his policy defending price stability in Iraq.


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