Iraq and China on Monday signed eight agreements and memorandums of understanding

Iraq and China on Monday signed eight agreements and memorandums of understanding

2019/23/9 9:56

Iraq and China on Monday signed eight agreements and memorandums of understandingBAGHDAD – The third Iraqi-Chinese economic cooperation forum started in Beijing this morning in the presence of Prime Minister Adel Abdul Mahdi and members of the official delegation of conservatives and a large gathering of business owners, Chinese businessmen and investors.
The Prime Minister described the forum as a very important event because of its positive impact on the present and future relations between the two countries and peoples.
The Prime Minister said in his speech at the forum, “We have been keen to be accompanied by the largest number of members of the executive authority, and the presence of ministers and governors gives seriousness to the delegation to go to contracts and business directly, praising the acceleration of economic growth in China, which aspires to Iraq to take advantage of its capabilities And to congratulate by the 70th anniversary of the founding of the Republic of China, “he said.
The Prime Minister reviewed the developments and reforms witnessed in the investment environment in Iraq and achieve security and stability after the defeat of ISIS. The establishment of the reconstruction council, which is responsible for high-cost projects, in addition to the travel and accommodation facilities that hindered the work. ”
He stressed that Iraq is the fourth source of oil in the world and help in this development is the contribution of Chinese companies to invest in the most important oil fields.
The Prime Minister announced the Memorandums of Understanding and the eight agreements to be signed in Beijing today, topped by a framework agreement for financial credit spending, a memorandum of understanding for economic reconstruction and others in the fields of economic, cultural and technical cooperation, in addition to contracts signed by ministers and governors, and the development of infrastructure for transportation, communications, housing, energy and sewage. And others.
During the forum, workshops were held for the ministries of oil and electricity, construction and housing, industry, transport and communications.
In their speeches during the forum, the ministers reviewed the job opportunities of Chinese companies, the conditions and priorities of the ministries’ projects and the potentials of Chinese companies and joint committees formed to follow up the completion of projects and agreements with the Chinese side.
The governors held talks with the owners of Chinese companies and agreements to sign contracts in various sectors, and the forum also included specialized sessions.

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