Trade Minister stresses the keenness to increase the volume of trade exchange with Saudi Arabia

Economy
  • 17-10-2023, 17:16
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    Baghdad-INA
    Trade Minister Atheer Al-Ghurairi stressed on Tuesday, the keenness to increase the volume of trade exchange with Saudi Arabia, while noting that Iraq is currently witnessing fundamental economic changes.

    The Ministry of Commerce said in a statement received by the Iraqi News Agency (INA), that "Minister of Commerce Atheer Al-Ghurairi gave a speech on the occasion of the opening of the activities of the Made in Saudi Arabia exhibition and the participation of Iraq as a guest of honor in it, whose activities began yesterday in Riyadh."

    Al-Ghurairi stressed, "Iraq is keen to increase the volume of trade exchange, exchange experiences, and increase opportunities for partnerships with the Kingdom of Saudi Arabia," noting that "Iraq is currently witnessing fundamental economic changes and giving a greater role to the private sector in the development process, economic development, and creating a suitable environment for work, investment, and economic development."

    The statement continued, "Since its inception, the Iraqi-Saudi Coordination Council has played a major role in strengthening bilateral relations, the results of which have appeared concretely on the ground through the main committees emanating from it and the agreements reached that have laid the foundations for sustainable joint work and the implementation of projects that will contribute significantly to work in the long term in line with the strategic vision of the leadership of the two countries."

    The minister welcomed "Saudi Arabia's participation as a guest of honor in the forty-seventh edition of the Baghdad International Fair, as it will be another opportunity to meet our brothers."

    It is worth noting that Iraq is participating in a pavilion in the exhibition with more than 24 Iraqi companies from multiple sectors.