Minister of Trade Athir Dawood Al-Ghariri and Qatari Minister of Commerce and Industry Sheikh Mohammed bin Hamad Al Thani signed the final minutes of the seventh session of the Iraqi-Qatari Committee in the capital, Baghdad, after more than six years since the previous session was held.

Minister Al-Ghariri stressed in a speech during the signing, Iraq and Qatar’s keenness to strengthen economic, trade and investment relations.

He added: “Investment between the two countries constitutes a fundamental axis of cooperation, and we strive to create an attractive investment environment that enhances economic partnership and achieves common interests,” indicating: “The signing of the draft agreement to encourage and protect investment between Iraq and Qatar is an important step towards enhancing mutual investments.”

Al-Ghariri invited the Qatari side to be the guest of honor at the upcoming Baghdad International Fair, inviting Qatari companies and businessmen to invest in Iraq, especially in projects related to t
he development path, as these partnerships will contribute to strengthening cooperation between the two countries and open new horizons for economic development.

For his part, the Qatari Minister Sheikh Mohammed bin Hamad Al Thani stressed: “The seventh session of the Joint Committee reflects our common keenness to enhance cooperation in a way that achieves mutual benefits and fulfills our aspirations for development.”

He stressed the importance of intensifying joint efforts in order to achieve the full potential of the partnership, and looking forward to achieving more bilateral trade relations and promising economic partnerships at various levels, completing the protection of mutual registration, enhancing inter-trade, and activating the Qatari-Iraqi Business Council due to its importance in investment and trade.

Source: National Iraqi News Agency