Al-Eidani: PM's visit to Britain resulted in removing Iraq from the red list for risk assessment

London - INA

Basra Governor Asaad Al-Eidani revealed, today, Wednesday, that the investment status assessment in Iraq was raised from the red list to orange during Prime Minister Mohammed Shia Al-Sudani's visit to London, and in what he described as an important achievement, he revealed that new security and financial agreements were reached with Britain during the visit.

Al-Eidani, who accompanied the visiting Iraqi delegation to Britain, told the Iraqi News Agency (INA): "The current visit of Prime Minister Mohammed Shia Al-Sudani to Britain resulted in the risk assessment in Iraq being transformed from the red list to the orange list in terms of the investment environment, and this is an important achievement and we may advance to yellow."

He added, "The businessmen accompanying the Prime Minister on the visit welcomed the new assessment, which may be transformed to yellow at a later time."

He continued, "Many British businessmen have concluded agreements with the Iraqi side in several fields, including education and universities, and a number of British businessmen have agreed with their Iraqi counterparts to establish joint factories."

He pointed out that "the Prime Minister held a meeting today with the British Home Secretary, and many topics related to security were discussed, especially the file of exchanging expertise between the Iraqi and British Interior Ministries." He pointed out that "there was also a financial meeting and an agreement was signed between the Trade Bank of Iraq and British financial institutions, and there is also a financial meeting attended by the Prime Minister that may discuss support for the Iraqi private sector from British financial institutions, especially after raising the risk assessment from red to orange."