Iraqi and Saudi businessmen stress increased trade exchange between the two countries

Held in the headquarters of the National Business Council in central Baghdad, a meeting that included a number of Iraqi and Saudi businessmen and the presence of the Association of Iraqi private banks and the Federation of Iraqi Industries and members of the committees of economy, investment and services in the House of Representatives. Iraqi and Saudi businessmen stressed the need to increase trade exchange between the two countries.

"It is essential that the economic relations between Iraq and Saudi Arabia grow significantly after years of disconnection through the new partnership," said Daoud Abdul Zair, chairman of the National Business Council. "Iraq's doors are open today to Saudi businessmen."

"Iraq needs the Saudis today to build factories and develop infrastructure because Saudi products are known for their durability," he said.

On the other hand, the charge d'affaires of the Saudi embassy in Baghdad, Abdul Aziz al-Shammari, "We are happy with this meeting, which includes Iraqi and Saudi businessmen and seek to launch a new partnership of bilateral relations," noting that "Saudi companies have a great desire to work in Iraq, For the Saudi leadership. "

Al-Shammari called on Iraqi businessmen to "make a greater effort to sustain this cooperation for the benefit of the two countries."

Meanwhile, the head of the parliamentary economic committee, Ahmed Kanani, said that "Iraq is preparing to hold an Iraqi-Saudi conference at the end of this year in the province of Basra and this is part of the economic cooperation between the two countries."

The Saudis called for "not only their work in the field of tourism and trade but also cooperation with Iraq in the field of industry, agriculture and human capabilities." He stressed the need to "open border ports between the two countries and activate the role of the private sector."

"Saudi businessmen consider the Iraqi market to be the second after the Saudi market in terms of importance," said Saudi businessman Khalid Al-Turayi. He called for speeding up "activating procedures for investors to enter the Iraqi market."

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