Shafaq

  In Shafaaq

Al-Kazemi opens the doors to Saudi investment companies and announces facilities

The Prime Minister, Mustafa Al-Kazemi, received on Sunday the members of the Iraqi-Saudi Coordinating Council, which is holding its meetings in the capital, Baghdad, to discuss the implementation plans for the agreements and memoranda of understanding signed between the two countries.

Al-Kazemi stressed the importance of holding these meetings, which lead to the development of bilateral relations between Baghdad and Riyadh, and enhance the prospects for joint cooperation in various fields, in a way that achieves the interests of the peoples of both countries.

And he indicated that investment opportunities are available to Saudi companies, stressing the government’s endeavor to overcome all obstacles facing companies that want to invest in Iraq. He also explained the importance of activating some joint projects between the two countries within the framework of the Arab League, as well as developing work in the oil market.

A Saudi delegation arrived in Baghdad on Sunday morning to hold a meeting of the Iraqi-Saudi committee, and the delegation included officials from the ministries of energy, electricity, oil, industry, environment and a number of important Saudi companies. Source