Iraqi-German efforts to stimulate economic cooperation

The German-Iraqi dialogue reflects a desire to activate cooperation and revive economic relations between the two countries after a period of stagnation spread over several decades because of the outdated policies. The last period witnessed a convergence and announcement of a desire for economic cooperation along with plans of the Iraqi-German Chamber of exports and investments aimed at identifying areas It can begin with cooperation between the two parties.
The head of the Iraqi-German Chamber of Exports and Investments Alaa Al-Nouri said that after 2003, the German side became supportive of Iraq at all levels, pointing out that the German delegations to Iraq have increased during the past few years, pointing out that cooperation will be held by holding three conferences in Berlin and Munich, Iraq and will participate in these conferences German companies, which is one of the best companies in the world in most disciplines, which requires that the private sector has an active role in these conferences.


Advanced technology
He added that the economic cooperation between Iraq and Germany requires the interaction of the private sector in the two countries to come up with mutually beneficial understandings and partnerships where it can combine the wealth of Iraq and the advanced technology owned by the German side, which requires that study the requirements of the next stage strictly and provided by the parties concerned with investment .
He pointed out that the conferences in Germany will bring together European companies operating in Iraq and other companies to learn about the investment opportunities available in Iraq. This process is carried out in coordination with the Iraqi Iraqi Chamber of Exports and Imports and the Federation of Chambers of Commerce in coordination with the Iraqi and German governments. Conferences.

Experience Emaar
Foreign Minister Ibrahim al-Jaafari said during the receipt of a copy of the credentials of Cyril Nann, Germany's new ambassador to Iraq, "the importance of upgrading them to achieve the aspirations of the two friendly peoples." "We thank Germany for its stand with Iraq, our support in our fight against Da'ash, our support in the United Nations, the provision of humanitarian assistance and the logistical support of the security forces," he said. "Iraq still needs your support, especially since you have experience in rebuilding your war-ravaged cities, Economic advancement, stressing the work together to create an environment conducive to the investment of German companies in Iraq. "


Amounts
For his part, Cyril Nan, Germany's new ambassador to Iraq, expressed "the importance of developing bilateral relations between the two countries in all fields." He added that "Berlin confirms its commitment to support Iraq, we have allocated large sums of money to support stability in Iraq."
He said: "Iraq is a strong country, and there are many opportunities, and will come German businessmen to Baghdad for the purpose of investment," explaining that "in September next will be two trade conferences, one in Berlin and the other in Hanover, and are a good signal for the exchange of interests between businessmen from both Two countries. "


Development Programs
Al-Nouri said that the efforts of the German side are firmly in supporting economic activities and moving the investment wheel in the country, pointing out that this interest would transfer the reality of work in Iraq to a better situation. Al-Nouri said that the German side stressed the words of Minister of Development Gerd Mueller Development programs quickly after Mosul was liberated. "He announced that an additional 100 million euros would be made available from his ministry's budget for reconstruction Mosul.

German media reported that German aid to Iraq would exceed one billion euros this year, but there were criticisms of the direction and nature of these efforts.

https://www.alsabaah.iq/ArticleShow.aspx?ID=142473