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Iraq and Egypt to Expand Economic Cooperation, Focus on Private Sector Partnerships

Baghdad: Prime Minister Mohammed Shia Al-Sudani has emphasized the growth of economic cooperation between Iraq and Egypt, highlighting a significant focus on developing partnerships with the Egyptian private sector. According to National Iraqi News Agency, during a recent statement, Al-Sudani elaborated on the importance of these partnerships. He stressed that fostering closer ties with the Egyptian private sector would serve as a cornerstone for broader economic collaboration between the two nations. The details of the expanded cooperation or specific projects that might be initiated under this new focus were not disclosed. However, the emphasis on the private sector suggests a potential increase in investment opportunities and bilateral business ventures in the near future. This development comes as both countries seek to diversify their economies and reduce reliance on traditional sectors.