Abadi: Looking at China's oil investment and armament issues

2012 2015
He said Prime Minister Haider al-Abadi, Sunday, he will discuss during his visit to China three key issues namely oil, investment and armament, noting that officials in the financial sector will be part of the delegation to facilitate trade and contracts.

Ebadi said in an exclusive interview with Xinhua News Agency Chinese, "We will discuss during our visit upcoming visit to China three main areas, namely oil, investment and armament," noting that "the visit aims to deepen ties between Beijing and Baghdad, which is fighting a war against terrorism."

He said al-Abadi said "Iraq is looking to increase its oil production and export of oil, and I think that China can contribute to that," pointing to "the existence of a basic Chinese companies working in the oil fields and in construction and other services the area, and the real effort in Iraq in order to infrastructure building ".

He continued Abadi he "will discuss as well as in the field of infrastructure and investment," explaining that "Iraq is looking forward to investing, where China has a great ability to invest the money to other countries, including Iraq, especially with the presence of oil which is the guarantor of any investment in the country."

Abadi said that "Iraq has huge oil reserves," he said, adding that "according to expert estimates, the last barrel of oil in the world will be in Iraq."

He said al-Abadi "The third area to be addressed during the visit is the military side, because Iraq is fighting today a war, and we look forward to further military cooperation with China," pointing out that "officials in the financial sector will be part of the delegation in order to facilitate trade and contracts, which may be long term between the two sides. "

And between Abadi, that "Iraq is seeking to develop and deepen relations with China in all fields, especially in investment and re-building infrastructure," adding that "our visit to China is to deepen these relations."

The Information Office of the Prime Minister Haider al-Abadi, announced in December 19 2015 for the final determination of a visit to China middle of this week for the signing of cooperation agreements between Baghdad and Beijing, as he emphasized that Iraq is looking forward to expanding economic cooperation and financing of projects and increase the presence of Chinese companies to invest in country.