Saudi Arabia looks forward to major economic cooperation with Iraq

Confirmed by the Export Development Authority on the sidelines of the Baghdad International Fair

A number of companies, including Saudi Arabia, have signed a number of contracts for joint cooperation with Iraqi companies and businessmen. Delegations also pointed out that they achieved positive results by their presence in the exhibition and their interaction with the large number of the Iraqi public Unexpected.
Director General of Marketing and Corporate Communication at the Saudi Export Development Authority, Mazen bin Omar Al-Jasser, described the Saudi participation in the Baghdad International Fair as "good" and that it represents a gesture of good and benefit for the two parties. He said: "The participation came with positive results and achieved success at all levels. The Iraqi audience of businessmen, business owners, a visiting audience and the interaction of everyone with the Saudi pavilion and what has been exposed to different products. "

An honorable start
He added that "the return of the Saudi-Saudi rapprochement began with the weight of participation in the Saudi pavilion, which is represented by the presence of 60 companies and we promise in the form of exports an honorable and historical beginning, and the Baghdad exhibition has become another weight because it is the nucleus from which the economic relations between the two countries were launched, and this with the blessing of the Coordination Council Saudi Arabia ".
"The Saudi government attaches great importance to the openness between the two brotherly countries, and there is a real desire to establish economic partnerships that achieve sustainable development in the Iraqi market," Al-Jasser said. "The Minister of Energy and Mineral Resources Khaled Al-Faleh during his visit during the opening of the exhibition and the first speech by a senior official The interruption of more than 27 years confirmed that the goal of companies to build a partnership with the Iraqi society and establish sustainable development.

SABIC
He pointed to the presence of Saudi companies have a great desire to enter the Iraqi market and work to start major development projects, and that SABIC goes to open its office in Baghdad, and this is an important indicator of economic construction, and some companies are looking to enter agricultural investments in Iraq to strengthen cooperation Between the two countries starting to participate in this exhibition. "
The Saudi Export Development Authority is concerned with the non-oil exports that are produced in the Kingdom to the international regional markets.

Future cooperation
Al-Jasser stressed the need to establish joint committees of economists from both sides under the umbrella of the Coordination Council to be close to our counterparts to understand the challenges of future cooperation and to develop quick solutions to accelerate trade exchange and economic cooperation between the two sides. He said: "The Iraqi market is fertile and we have a great desire to cooperate with this market and we found the desire of the Iraqi side to strengthen cooperation with the Kingdom of Saudi Arabia. The presence of Saudi goods inside the Iraqi market is a positive picture of the nature of our products."

Natural resources
That "Iraq has great natural and human resources and represent the elements of the success of any future work, and here must be efforts to overcome the challenges in order to begin the process of economic development through partnerships between the parties." He explained that "a number of deals were made between the two countries during the exhibition, which we will announce the preparation later."
The Baghdad International Fair also visited Mr. Mahdi Al-Alak, Secretary-General of the Council of Ministers and briefed the pavilions of participating countries and companies. MP Ibrahim Bahr al-Ulum visited Baghdad International Fair and inspected the pavilions of countries and companies accompanied by Professor Sarmad Taha Said, Assistant General Manager of the company. MP Karim Al-Abbtan also visited the Baghdad International Fair accompanied by Acting Director General of the Iraqi Company for Exhibitions and Commercial Services and Mr. Sarmad Taha Said, Assistant Director General.

Distinctive suit
The Arab Republic of Syria participated in the Baghdad International Fair in its 44th session with distinguished companies and companies including manufacturing of clothing, cosmetics and industrial.
"Syrian companies present at the Baghdad exhibition specialize in the processing of houses, companies, hotels, hospitals and medical laboratories, as well as the manufacture of interior and exterior doors and kitchen doors in various shapes and sizes. The company also produces harmonic wood material which is produced exclusively in Syria. Show at the exhibition stand. "

Existing Companies
Said that this participation is the first in the Baghdad International Fair for the 44th session, which is unique and the pavilion witnessed a trade exchange with the rest of the companies located on the exhibition grounds and in the exchange of international experiences, adding that "the pavilion has seen a wide turnout by other companies and businessmen He also expressed the desire of the wing to participate in future sessions, hoping that there will be wider participation and that security and security will prevail in both countries.
On the sidelines of the exhibition, the head of the liberated areas reconstruction fund Mustafa al-Hitti discussed with a number of participating countries to facilitate mechanisms for the reconstruction of areas destroyed by terrorism.
The Egyptian pavilion is characterized by the display of Egypt's handicraft and folkloric handicraft products, where it has been widely recognized as one of the pavilions that has a large area for direct selling of various products to visitors.

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