Iraq and the World Bank are discussing strengthening bilateral relations
Iraq and the World Bank are discussing strengthening bilateral relations
04-07-2023
Foreign Minister Fuad Hussein discussed, on Tuesday, with the President of the European Bank for Reconstruction and Development, Odile Reno-Basso, ways to strengthen bilateral relations between Iraq and the bank.
The Ministry of Foreign Affairs said in a statement that the meeting discussed ways to strengthen bilateral relations between Iraq and the bank, in a manner that guarantees the possibility of strengthening the private sector in Iraq and digitizing the banking system.
The minister stressed the importance of partnership with the European Bank to support the Iraqi government’s plan to diversify the sources of the national economy, noting that the Iraqi government’s priorities are investment in the fields of energy and digital transformation in the financial infrastructure.
For her part, Mrs. Odell confirmed the bank’s desire to work in Iraq and contribute to supporting the private sector and renewable energy.
The meeting was attended by the Ambassador of the Republic of Iraq in London, Muhammad Jaafar Al-Sadr, Ambassador Haider Al-Athari, Head of the Europe Department, Ghufran Kazem, Director General of the Public Debt Department at the Ministry of Finance, and on behalf of the European Bank, Kazuhiko Koguchi, Secretary General of the European Bank for Reconstruction and Development, and Heikki Hargart, Executive Director of the Bank.
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