Economy News – Baghdad
The Prime Minister, Mohammed Shia Al-Sudani, stressed on Wednesday the importance of integration between the Kurdistan region of Iraq and the rest of the provinces in the development of national industry.
The Prime Minister’s Information Office, in a statement received by “Economy News”, said that “Al-Sudani chaired the first meeting of the Industrial Coordination Council,” stressing that “this Council is concerned with the development of industry and taking decisions that will improve the industrial reality, as well as is responsible for addressing all obstacles facing Iraqi industry.”
Al-Sudani pointed out that “the meetings should be based on priorities presented by a support committee of general managers concerned with the industrial aspect in the relevant ministries, and directed the hosting of officials of bodies and entities related to the development of industry.”
Al-Sudani stressed “the importance of integration between the Kurdistan region of Iraq and the rest of the governorates in the development of the national industry, and indicated that the major markets that will be activated by the Ministry of Commerce, in partnership with the private sector, will be a place to display local industrial products, noting the progress made in the field of localizing the pharmaceutical industry and localizing the localization of construction industries.”
The Prime Minister explained that “the government has, since the beginning of its work, diagnosed the problems related to Iraqi industry, and launched promising partnerships with the private sector to activate the local industry, in addition to important partnerships with major industrial countries such as Japan, Germany, France and others, by covering these activities with sovereign guarantees.”
The meeting discussed “a number of working papers submitted by the Ministries of Electricity and Industry, and a number of advisers to the Presidency of the Council of Ministers on industrial development,” according to the statement.
The Council also considered “a number of topics on its agenda, including with regard to cooperation between the private sector and the ministries of electricity, industry and minerals; to meet the requirements of the two ministries, as well as in the field of encouraging the governorates to employ solar energy systems, in expanding consumer protection applications, activating joint committees in the industrial side with friendly industrial countries, and stimulating international companies to cooperate with the national industrial sector.”
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