The formation of a joint business council between Iraq and the UAE

The UAE Ministry of Economy said it was agreed to form a joint working team or a joint technical committee to enhance investment cooperation between the UAE and Iraq.

This came during a meeting between Sultan bin Saeed Al Mansouri, UAE Minister of Economy and Mohammed Al-Sudani, Minister of Industry and Minerals in Abu Dhabi.

The Joint Working Group will facilitate procedures and address the challenges that may face UAE companies and investors wishing to enter the Iraqi market.

The UAE economy minister said the formation of a joint working group or a joint technical committee to facilitate investment would encourage UAE investors to enter the Iraqi market with strength and momentum.

The Iraqi minister said that the UAE investor has priority for investment, which is very welcome in Iraq and will receive full cooperation and has all the facilities required to start its business and pump investment in Iraq.

Al-Mansouri invited Iraq to participate in the annual investment forum which will be held from April 9 to 11, as the forum is a platform to promote the investment environment in Iraq.

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