Maliki: Japan will provide loans to Iraq by about $ 750 million for four new projects
Thursday, 24 T 2 2011 09:48 GMT

Alsumaria News / Baghdad
Prime Minister Nuri al-Maliki on Thursday that Japan will take necessary steps to make loans to Iraq by about $ 750 million for four new projects in the field of telecommunications, oil and health, as he emphasized that the implementation of these four projects will help in the social and economic stability and development of self-sufficiency of Iraq.

Maliki said in a joint statement issued today, with his Japanese counterpart Yoshihiko Noda, and got "Alsumaria News", a copy of it, "Prime Minister Noda announced that Japan will take the necessary steps to make loans at about 67 billion yen (750 million dollars) for four new projects in the field of telecommunications, oil and health in Iraq, "noting that" such assistance does not come only complementary to the aid package of loans the Japanese up to $ 3.5 billion and announced at the conference held in Madrid in 2003, but goes further than that. " .

He made it clear that "both parties emphasized that accelerate the process of reconstruction of Iraq will be through the implementation of four projects that will assist in the social and economic stability and development of self-sufficiency of Iraq," noting that "the bilateral economic relations between Japan and Iraq will strengthen especially in the field of energy" .

The Iraqi Prime Minister paid an official visit to Japan for the period from November 20 to 23 at the top of the current high-level delegation, at the invitation of Japanese Prime Minister Yoshihiko Noda.

Maliki confirmed on 22 of November, November, Iraq's willingness to overcome the difficulties encountered in the work of Japanese companies in the country, pointing to the success of the two countries signed two agreements on investment, as called for Tokyo to facilitate access to opportunities for Iraqi students to study in Japan.
He left the Iraqi Prime Minister Nuri al-Maliki, in the November 19, 2011, to Japan at the head of official delegation included the Ministers of Transport Hadi Farhan al-Amiri, and Industry Ahmed Nasser Karbouli, oil Abdul Karim and coffee, and the President of the National Investment Commission Sami Raouf Al-Araji, the head of the advisers Thamer Abbas Ghadban and media advisor to Prime Minister Ali al-Musawi, to discuss ways to develop mutual relations and raise the level of cooperation at all levels, particularly economic, in the three-day visit. Maliki called referred to, in the November 17, 2011, Japanese companies to intensify its presence in Iraq, stressing the need to raise the political and diplomatic cooperation between the two countries.

The Iraqi government announced, on February 7, 2011, that Japanese companies had expressed willingness to open offices in Iraq in preparation for the implementation of investment projects, noting that it will form a joint committee to expand the cooperation in the fields of oil and gas and construction, while stressing the Assistant Minister of Foreign Affairs of Japan on the importance of supporting trade and investment relations with Iraq.


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