Saudi Arabia announces its intention to cancel the Iraqi debt

3/25/2017 0:00

Baghdad / morning ,
Foreign Minister Ibrahim al - Jaafari , with his Saudi counterpart Adel al - Jubeir, bilateral relations between the two countries and ways to open new horizons for joint cooperation, at a time when al - Jubeir, announced his country 's intention to cancel the debts owed by Iraq. A statement by the Foreign Ministry, said that " the two sides discussed on the sidelines of their participation in the international coalition meetings against {Daesh} in Washington DC, the need for visits between the two countries , officials of the exchange, including ministers of trade and industry during the coming period to increase the volume of trade and investment."

Jaafari said Iraq was keen to establish better relations with the Kingdom of Saudi Arabia, pointing out that the country is still in need of financial support, and the reconstruction of the infrastructure of the Iraqi cities after its liberation from the grip of a fully "Daesh". For his part , the Saudi foreign minister expressed satisfaction with the visit of the Iraqi delegation to Riyadh, revealing his country 's intention to cancel the previous debts owed by Iraq, noting the quest to open a flight route from Riyadh to Baghdad and Najaf.