Iraq’s oil exports to Czech Republic to replace Russian supplies
Baghdad (IraqiNews.com) – The Minister of Foreign Affairs of the Czech Republic, Jan Lipavsky, said on Friday that Iraqi oil supplies to the Czech Republic should replace oil supplies from Russia starting in 2025.
Lipavsky’s remarks took place during his meeting with the Iraqi Minister of Foreign Affairs, Fuad Hussein, in the capital of the Czech Republic, Prague, where they discussed investment opportunities for Czech companies and the security situation in the region, according to the Iraqi Foreign Ministry.
In a joint press conference following the meeting, Hussein expressed gratitude to the Czech Republic for its unwavering support of Iraq in different fields and emphasized the need to promote cooperation to defuse the crisis in the Middle East and prevent the war from spreading to other countries.
In light of the effects of the current drought on Iraq, Hussein also reaffirmed Iraq’s desire to benefit from the Czech enterprises’ experience in areas of clean energy and water management as well as addressing the effects of climate change.
The meeting addressed strategies to increase trade exchange between the two countries as well as investments in the Iraqi oil sector to diversify oil exports to European countries.
In light of the experience of the Iraqi security forces in fighting terrorist groups, the two sides talked about security cooperation and the exchange of intelligence information.
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