Invest in Iraq: Iraqi ambassador to Egypt

Cairo - INA

Iraqi Ambassador to Egypt Qahtaan Taha Khalaf announced on Thursday Iraq's support for Egypt in the face of the Zionist campaign to disrupt the Palestinian cause, while calling on Arab companies to invest in Iraq.

Khalaf said, in the opening session of the 114th session of the Economic and Social Council attended by the correspondent of the Iraqi News Agency (INA): "The Republic of Iraq supports the Arab Republic of Egypt in what it is exposed to in terms of fabricated Zionist accusations, campaigns and plans in an attempt to disrupt the Palestinian cause.".

He added, "The Iraqi government welcomes hosting the 34th regular Arab Summit in Baghdad in 2025," noting that "this grand celebration that the Arab nation is looking forward to, we are trying to come up with decisions that rise to the level of the current challenges, in order for the summit to constitute a qualitative leap in the field of joint Arab action.".

He pointed out that "the delegates supporting the Republic of Iraq communicated with the General Secretariat of the League of Arab States to set a date for the meeting of the third team concerned with developing economic and social work headed by Iraq," noting that "the meeting did not take place due to emergency circumstances, the last of which was setting August 26 and a memorandum was circulated in this regard, but the visit of Iraqi Prime Minister Mohammed Shia al-Sudani to Egypt prevented the meeting from being held.".

He explained that "Iraq's policy is focused on economic openness, building a broad network of economic relations and attracting investments, and from these starting points, the Iraqi government has developed an ambitious program to develop all sectors, enhance and improve services and simplify procedures.".

He added that "the companies that have been present in Iraq for years include Turkish, Iranian and Chinese companies, and we find Arab companies from Egypt, neighboring countries and other Arab countries alongside them," calling on Arab countries to "participate in rebuilding Iraq and exploiting the available opportunities in restoring infrastructure in Iraq.".

He thanked "the United Arab Emirates for presenting a study of the work of this council and the General Secretariat of the League of Arab States and the employees for their efforts to prepare for this meeting and provide full support to reach the best results for the advancement of joint Arab action."