China announces its intention to hold a special conference on the development road

Economy
  • 18-01-2024, 18:23
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    Baghdad - INA

    The Minister of Transport, Razzaq Muhaibas Al-Saadawi, confirmed today, Thursday, that the ministry’s doors are open to all reputable Chinese companies to benefit from investment opportunities, while China announced its intention to hold a special conference on the road to development and raising the level of coordination with Iraq.

    The Ministry of Transport said in a statement received by the Iraqi News Agency (INA): “Minister of Transport Razzaq Muhaibas Al-Saadawi received, today, the Ambassador of the People’s Republic of China to Iraq, Cui Wei, in the Ministry’s building, to discuss ways of joint cooperation between the two countries.”

    Al-Saadawi stressed, "We look forward to strengthening the partnership with China, which represents a friendly country to the government and people of Iraq. We also believe in the scientific and technological progress that Beijing possesses, and we want to benefit from Chinese experiences in various fields of transportation."

    He stressed that "the ministry's doors are open to all reputable Chinese companies to benefit from investment opportunities in railway and port projects along the development path."

    During the meeting, the two sides agreed to "hold a meeting between the competent Iraqi and Chinese authorities, to prepare a precise study that includes identifying all technical aspects related to the development path."

    In turn, the ambassador affirmed "his country's government's desire to participate in the project, after reviewing its full details and economic feasibility."

    He noted that "the embassy had previously sent its economic advisor to the General Company for Iraqi Railways to learn about the details of the project, since the Beijing government has a serious desire to participate in the project," pointing out "his country's government's intention to hold a special conference on the development path, and to authorize (the National Development Committee) The Chinese Ministry of Transport has officially communicated with the Iraqi Ministry of Transport regarding the project.

    He pointed out that "Beijing's participation in the path of development will reflect positively on the Iraqi side," indicating that "the People's Republic of China wants its relationship with Iraq to be more effective."

    The Chinese ambassador invited the Minister of Transport to "visit Beijing to enhance joint cooperation between the two countries in the fields of transport."

    It is noteworthy that many Arab, regional and European countries have expressed their willingness to participate in the Iraqi development road project at the level of construction and investment, as it constitutes an important link between the continents of Asia and Europe.