Kuwait unswervingly supports Iraqi reconstruction, to ensure security in the region, said Kuwaiti Deputy Foreign Minister, Khaled Al-Jarallah, on Monday.
He made the remarks at a press conference held on Monday, to promulgate the details of the "Kuwait International Conference for Reconstruction of Iraq."
The senior diplomat said that, Kuwait's unwavering support for Iraq, stems from the fact that stability in its Gulf neighbour, is key to ensure security in the region.
He congratulated the Iraqi military on its decisive victory over the Daesh, saying that, it was both a humanitarian and a moral obligation, to stand by the Iraqi people.
Pointing out that the conference will come under close scrutiny by the international community, he said that, the private sector would join efforts to rebuild the nation, battered by war.
The Chief of Staff in the Iraqi Prime Minister's office, Mahdi Alalak, at the press conference, said that, the forthcoming conference will provide lucrative investment opportunities, which will be announced in due course.
Alalak added that, his war-torn country is in need of no less than 100 billion U.S. dollars, to revive its residential sector, which bore the brunt of the war.
The "Kuwait International Conference for Reconstruction of Iraq" will be held from Feb 12-14.
Source: NAM News Network