Baghdad:Prime Minister Ali Al-Zaidi has emphasized the critical importance of strengthening Iraq’s relations with Europe, focusing on economic collaboration and investment opportunities.

According to National Iraqi News Agency, Al-Zaidi recently met with the European Union Ambassador to Iraq, Clemens Semtner. During their discussions, they addressed the potential signing of a joint investment agreement aimed at increasing European investments in Iraq. The conversation also covered European participation in this year’s Baghdad International Fair.

Al-Zaidi stressed the importance of the Iraq-Europe relationship in enhancing economic cooperation, including in the banking sector and trade. He extended an invitation to European companies to explore investment opportunities in Iraq, highlighting the support provided by the government, the availability of a skilled workforce, and raw materials for various industries.

Furthermore, Al-Zaidi mentioned the “Development Road” project, which aims to bolster economic relations between the East and the West. In response, Ambassador Clemens Semtner congratulated Al-Zaidi on forming the new cabinet and praised the Iraqi government’s recent economic reforms and efforts to strengthen partnerships with European countries, following the Prime Minister’s visits to France and Germany.