President of the Republic from Davos: Iraq is working to enhance the role of investment and the private sector
President of the Republic from Davos: Iraq is working to enhance the role of investment and the private sector
2025-01-23 06:25
Shafaq News/ President of the Republic Abdul Latif Jamal Rashid stressed on Thursday, during his meeting with the President of the World Economic Forum, that Iraq is working to enhance the role of investment and the private sector through legislative and executive facilities.
The media office of the President of the Republic said in a statement received by Shafak News Agency, “President of the Republic Abdul Latif Jamal Rashid met today with the President of the World Economic Forum, Klaus Schwab, during his participation in the forum’s activities in Davos.”
He explained that “the meeting discussed economic issues on the international scene and the means to stimulate the global market and improve the economic situation of most countries.”
According to the statement, the President of the Republic stressed “the importance of the World Economic Forum and its role in bringing together world leaders and heads of major economic organizations and companies to achieve economic integration and conclude agreements that contribute to strengthening the economies of peoples.”
The President pointed out that “Iraq enjoys security and stability and is moving forward towards enhancing the economic situation in various fields, especially infrastructure, the energy sector, the environment, services, and improving the living conditions of citizens,” noting that “the Iraqi state is working to enhance the role of investment and the private sector through legislative and executive facilities, as Iraq is considered a fertile environment for investment and economic and commercial cooperation.”
According to the statement, the discussion focused on developments in the region and their impact on economic and developmental stability.
For his part, Klaus Schwab praised “Iraq’s distinguished participation in the World Economic Forum,” stressing that “Iraq is considered one of the important countries in the Middle East and the world, and indicators support it in achieving development in various economic and social aspects.”
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