Iraq participates in the fifth economic summit of the Arab-French Chamber of Commerce
Baghdad / NINA /- Iraq participated in the fifth economic summit of the Arab-French Chamber of Commerce, which was held in the French capital, Paris.
The Iraqi Ambassador to France, Dr. Wadih Batti, opened the discussion session on Iraq, and stressed the depth of bilateral relations between the two countries, especially after signing the strategic partnership agreement with France in January 2023.
He stressed the importance of enhancing economic cooperation to keep pace with common ambitions, calling on French companies to increase their presence in Iraq to explore available investment opportunities in various sectors. He also referred to Iraq's efforts to activate the role of the private sector as a primary driver of the economy through sovereign guarantee programs.
For his part, Dr. Haider Makiya, Chairman of the Investment Commission, reviewed Iraq's investment plans, pointing to the opportunities available in vital sectors including energy, infrastructure, agriculture, smart cities, and technology projects. He stressed that Iraq has rich natural resources and a strategic location that makes it a link between regional and international markets.
In turn, Dr. Raed Nizar, Economic Advisor to the Federation of Iraqi Chambers of Commerce, explained the legal framework for investment in Iraq, pointing to the efforts made to improve the investment environment to comply with international standards, and also stressed that these efforts aim to enhance investor confidence and encourage them to invest in the country. The summit included discussion sessions on various topics, including sustainable development, digital transformation, and support for small and medium enterprises, in the presence of economic officials, investors, and businessmen from various countries./End
The Iraqi Ambassador to France, Dr. Wadih Batti, opened the discussion session on Iraq, and stressed the depth of bilateral relations between the two countries, especially after signing the strategic partnership agreement with France in January 2023.
He stressed the importance of enhancing economic cooperation to keep pace with common ambitions, calling on French companies to increase their presence in Iraq to explore available investment opportunities in various sectors. He also referred to Iraq's efforts to activate the role of the private sector as a primary driver of the economy through sovereign guarantee programs.
For his part, Dr. Haider Makiya, Chairman of the Investment Commission, reviewed Iraq's investment plans, pointing to the opportunities available in vital sectors including energy, infrastructure, agriculture, smart cities, and technology projects. He stressed that Iraq has rich natural resources and a strategic location that makes it a link between regional and international markets.
In turn, Dr. Raed Nizar, Economic Advisor to the Federation of Iraqi Chambers of Commerce, explained the legal framework for investment in Iraq, pointing to the efforts made to improve the investment environment to comply with international standards, and also stressed that these efforts aim to enhance investor confidence and encourage them to invest in the country. The summit included discussion sessions on various topics, including sustainable development, digital transformation, and support for small and medium enterprises, in the presence of economic officials, investors, and businessmen from various countries./End
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