September 16, 2021 | oil and gas

The Minister of Oil Heads The Iraqi Side In The Iraqi-Emirati Committee

Baghdad / NINA / - Minister of Oil, Ihsan Abdul-Jabbar Ismail, affirmed Iraq's keenness to strengthen relations with neighboring countries, the regional environment and the countries of the world in a manner that serves the common interests.

Ismail said during his presidency of the Iraqi side in the Iraqi-Emirati Committee / according to a statement of the ministry / that: Iraq seeks, through the joint committees, to develop bilateral relations with brotherly and friendly countries, through the conclusion of agreements aimed at establishing joint investment projects that contribute to perpetuating economic development and developing them, in a manner that serves the interests of the people, as well as expanding the horizons of cooperation in all other fields.

Ismail pointed to the importance of these agreements in strengthening the role of the national economy on the international map.

The Minister of Oil added that: Today's meeting represents the ministries, authorities and relevant authorities represented in this committee, in order to discuss the most important axes and topics, which contribute to activating the joint investment sector, inter-trade, renewable energy, the dry channel between the Gulf and Europe, passing through Turkey, and the financial returns that Iraq is expected to reap. as well as joint cooperation in investment and development of Iraqi ports to be an important base for transporting and storing goods and international trade, in addition to discussing the importance of cooperation and coordination between ministries and concerned bodies in providing the necessary facilities to provide a safe investment environment, and activating the mechanisms of movement of investors. As well as other axes related to investment in the commercial and other sectors will be included in the meetings of the Iraqi-Emirati Committee.

It is noteworthy that the Iraqi side in this committee, holds its intensive meetings in the presence of the Chairman of the National Investment Commission and the Chairman of the Council of Advisers in the Council of Ministers, the Adviser to the Prime Minister and representatives from the ministries, Planning, Electricity, Transport, Trade, the General Company for Ports of Iraq in the Ministry of Transport, Directorate Civil Status, Passports and Residence at the Ministry of Interior, the General Customs Authority at the Ministry of Finance, and the Studies, Planning and Follow-up Department at the Ministry of Oil, in order to prepare a working paper that includes the main axes of the agreement that it is hoped to sign between the governments of the two countries and which contributes to achieving common goals and interests.


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