Al-Lajmawi: Trade exchange between Iraq and Turkey exceeded $15 billion

Ankara - INA

The Iraqi embassy in Ankara organized a seminar today, Friday, to discuss the mechanism for granting entry visas to Turkish investors, in addition to reviewing promising investment opportunities in Iraq for the year 2025, while Ambassador Majid Al-Lajmawi indicated that the volume of trade exchange between the two countries exceeded $15 billion.

A number of prominent officials participated in the seminar - according to a statement - by the embassy received by the Iraqi News Agency (INA), including the head of the Turkish-Iraqi Parliamentary Friendship Committee, Muhammad Mufid Aydin, the deputy head of the Parliamentary Investment Committee, Hussein Al-Saabri, and the Director General of Immigration Policy at the Turkish Foreign Ministry, Fatma Yazkan, in addition to a large number of Turkish businessmen and investors.

The Iraqi ambassador to Turkey, Majid Al-Lajmawi, stressed in his speech that "the Iraqi government is working to simplify the procedures for granting visas to Turkish investors," noting that this step aims to enhance economic cooperation and break any coldness in bilateral relations. He added that "the embassy has made great efforts with the relevant authorities to obtain special exceptions that allow granting entry visas directly to Turkish investors."

Al-Lajmawi reviewed the economic relations between Iraq and Turkey, stressing that "Iraq opens its doors to investments in various sectors, such as energy, infrastructure, industry, agriculture, and technology."

He pointed out that "the volume of trade exchange between the two countries exceeded $15 billion in 2024, excluding oil and its derivatives."

For his part, the head of the Turkish-Iraqi Parliamentary Friendship Committee praised the efforts of the Iraqi embassy in facilitating visa procedures, stressing the importance of strengthening economic relations between the two countries, according to the statement.

The deputy head of the Parliamentary Investment Committee also indicated that "the year 2025 will witness an increase in investment projects, with more facilities for investors in the fields of renewable energy, manufacturing industries, and technology."