Iraq eyes more Chinese investments


(MENAFN) Prime Minister of Iraq Adel Abdul Mahdi has made an appeal for leading firms in China and globally to allocate investments within his country.

Iraq is requiring stronger bilateral ties with Asian nations, more particularly China, so as to revive its necessary and active role, Prime Minister Abdul Mahdi affirmed during the 2019 World Industrialization Convention.

The prime minister urged Iraq and China to expand their cooperation into a partnership level.

Abdul Mahdi also urged "major Chinese and international companies to work and invest in Iraq in the sectors of energy, communications, roads, dams, water, agriculture, industry, infrastructure and other areas supported by an encouraging legislative environment and safe conditions."

He added "during my meetings, I will call on Chinese companies to contribute and work vigorously and effectively in the renaissance and reconstruction of Iraq. For our part, we will ensure that the difficulties of this endeavor are facilitated and resolved through a central committee that will provide the appropriate conditions and opportunities for these companies."

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