A source for the range: formation of a joint council for Iraqi-Saudi businessmen

2018/03/22 (00:01 PM) - Number of readings: 508 - Issue (3882)


Since the invasion of the Saddam regime in Kuwait in 1990, relations between Iraq and Saudi Arabia have not stabilized, or have fallen at the lowest levels even after the fall of the former regime, and the convergence achieved through diplomatic representation in recent years. The relations have remained very cautious and have not yielded positive results, Political or economic.

A senior political source revealed that the visit of the Iraqi Foreign Ministry delegation to the Saudi capital Riyadh following the visit of the Saudi Foreign Minister to Baghdad focused on the development of economic relations as the most important mechanisms to enhance confidence between the two countries. , Praises the parliamentary economy by this "important" step after the "wrong" policy pursued by the previous government, while an economist doubts that the matter has a Saudi interest in the first place.

The source, who preferred not to be named, said in an interview with Al-Mada that the aim of the Iraqi delegation's visit was to develop relations and strengthen trust between the two countries.

One of the most important mechanisms for enhancing confidence is the development of economic relations through the formation of a businessmen council between The two countries take on the task of extending the bridges of trade and economic relations, especially as the desire of Saudi Arabia, focused on opening the border crossings in Arar and Gemayma, supporting Saudi commercial and industrial exports to Iraq, and the use of porters to enter Saudi goods directly to the Iraqi economic market.

The source further stated that the Iraqi side expressed its support for these proposals and expressed the desire to see the presence of the Kingdom in the process of supporting stability in the affected areas as a result of the terrorist acts, in order to enable the people of the areas to return to them in the short term. The Saudi side also stressed the Kingdom's keenness and appreciation for the speciality of the relationship with Iraq and its desire to establish a coordination council between the two countries to be an umbrella under which all areas of the relationship between The two countries.

A member of the parliamentary economic committee, Noura al-Bijari, welcomes the opening of a line of bilateral economic relations between Iraq and Saudi Arabia, considering that the latter is one of the rich and important regional countries. The visit of a foreign delegation led by the Undersecretary is an important step in the right direction. Political process pursued by the previous government, is wrong.

"Our political relations have been turbulent for some time with Turkey, but there is still trade between the two countries," says Al-Bajari, who wonders why it is not the same with Saudi Arabia. The opening up of diplomatic and economic relations with Saudi Arabia is a good and important matter.

Iraq has a strategic pipeline to transport oil through Saudi Arabia, and it is very important to restart it, and the Kingdom has Trade is a state manufactured for important materials imported by Iraq, through other countries, why Iraq does not benefit from direct exchange with Saudi Arabia, even activation of land ports with them can generate funds that are additional revenues to the country to strengthen oil revenues.

Al-Bijari expects that the economic return of Iraq will be very useful in developing this relationship, even in the issue of participating in the reconstruction of the liberated areas, where we heard a while ago that Saudi Arabia spent large sums on this matter, but no one knows where it went. That the funds for the reconstruction of liberated areas come through diplomatic and governmental channels, rather than go to pockets of beneficiaries outside government.

Economist Dargham Mohammed Ali disagrees with what the member of the Economic Committee said: "Iraq is a non-productive importing country, and any economic relations with any country in which the other country is the beneficiary are often only if that country, including Saudi Arabia, is ready.

To send its businessmen to invest in Iraq, which may revive the sectors of industry, which could be of benefit to Iraq, but most often, the trade relations with each country in the world, are unilateral relations, because we are just a consumer consuming.

Ali also stresses that Iraq will become a major market for goods, but even in the reconstruction of liberated areas. It is a moral obligation and an international obligation to Iraq, as it fights terrorism on behalf of all countries.

According to him, Saudi Arabia has always claimed to be the defender of the Sunni street in Iraq, so today it is at stake in the credibility of its defense of this street, which suffers from lack of services and the destruction of its cities, and if they are sincere in their defense, Their areas are devastated by terrorism instead of spending on mobilizing that street in order to get out of the country or try to destabilize the political system in Iraq. This does not need to establish councils. Saudi Arabia has a central decision in the king's hands.

If today, he decides to send 4 or 5 billion dollars for reconstruction. Mosul, Salah al-Din and Anbar, this decision will be effective once a word of it, on the other hand, until the opening of border crossings with the Kingdom is to enter the Saudi goods to Iraq and not to exit the pilgrims.