Sunday, October 20, 2024

Minister of Finance participates in the activities of the Arab-Turkish Economic Forum in Istanbul, 20 OCT

 Minister of Finance participates in the activities of the Arab-Turkish Economic Forum in Istanbul

Minister of Finance Taif Sami participated today, Saturday, in the activities of the Arab-Turkish Economic Forum in its fifteenth session currently taking place in Istanbul.

The ministry said in a statement received by the Iraqi News Agency (INA): "Minister of Finance Taif Sami participated in the activities of the Arab-Turkish Economic Forum in its fifteenth session currently taking place in Istanbul, in the presence of an elite group of government officials, businessmen and investors from Arab countries and Turkey, and Arab finance ministers."

The statement added, "This year's forum focused on enhancing economic and investment cooperation between Arab countries and Turkey, highlighting investment opportunities in areas such as energy, infrastructure, manufacturing and technology."

The statement continued, "The Minister of Finance delivered a speech during the session, in which she stressed the importance of the economic partnership between Arab countries and Turkey in supporting economic growth and enhancing financial stability in the region."

Sami said in her speech on the occasion - according to the statement: "This forum represents a real opportunity to exchange experiences and build long-term strategic partnerships between Arab countries and Turkey, especially in light of the current global economic challenges. She also called for enhancing joint investments and increasing the volume of trade exchange between the two sides."

She pointed out the importance of "completing the construction of the global trade corridor and taking advantage of Turkey's strategic location and the Arab region as a bridge linking major global markets in Asia, Europe and Africa, and facilitating trade movement efficiently to expand investment and energy corridors. "

She added that "Iraq is currently working - in cooperation with the World Bank - to establish and rehabilitate railways; for the purpose of establishing the development road project, and its strategic importance in linking Asia with Europe, in addition to its economic and development returns for the two countries and regional countries."

The statement concluded, "The Minister of Finance held a series of bilateral meetings with a number of Turkish officials and their counterparts from Arab countries; to discuss ways to enhance financial and investment cooperation and discuss issues of common interest."  link

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