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Abdul-Mahdi: The Arab region has placed an incentive to give the economy the utmost importance

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Abdul-Mahdi: The Arab region has placed an incentive to give the economy the utmost importance

Release date: 2018/11/26 21:12 • 358 times read

(Baghdad: Al-Furat News)
Prime Minister Adel Abdul-Mahdi, stressed that the current conditions in the Arab region must be a motive and incentive to give the utmost importance to the economic side."

He received Abdul-Mahdi, "in a gesture is the most prominent economic level adopted by the Iraqi government as part of the plan to promote the country, Ambassador Mohammed Al-Rabie Secretary-General of the Council of Economic Unity in the League of Arab States and adviser Kazaar al-Rubaie, Chief Executive of Arbitration and settlement of economic and investment disputes in Iraq, Economic unity".

He added that "they were discussed by the meeting on the need to open Iraq economically and in all areas of investment to the Arab sister countries."

"The current conditions in the Arab region must be a motive and a catalyst to give the utmost importance to the economic aspect and the importance of investment at all levels, especially after the victory of the well that he achieved,"

Abdul Mahdi stressed on the necessity of Iraq taking its leading role in the Arab economy and the economy of the region.

Iraq, which should be crowned by an economic victory that is equivalent to military victory, "calling" his Arab brothers to work together for the prosperity of the Arab region."

For his part, the Arab delegation stressed "the basic role and the high rank that Iraq occupies economically among its Arab brothers and the countries of the region being the first Arab in terms of oil reserves and the second in terms of export.

It represents the cornerstone and the fertile land for the prosperity of the various investment projects which is a great opportunity for companies aspiring to set up projects in it." He said.

It is noteworthy that Iraq held its first conference on arbitration and settlement of economic and investment disputes in September of 2016 with the support of the Iraqi government in the presence of distinguished representatives of Arab countries.

It is planned to establish a conference on economy and investment soon in Baghdad, where the Prime Minister Adviser Kazar al-Rubaie Chief Executive Arbitration and settlement of economic and investment disputes this important file, which will contribute effectively to activate the role of Iraq economically.

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