Saudi Arabia strongly supports Iraq’s accession to the World Trade Organization

by times news cr

2024-01-17T11:17:53+00:00

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/ On Wednesday, the Kingdom of Saudi Arabia expressed its support for Iraq’s accession to the World Trade Organization, especially after the removal of political obstacles that prevented this.

The Iraqi Ministry of Foreign Affairs stated in a statement today that the Undersecretary of the Ministry for Political Planning Affairs, Ambassador Hisham Al-Alawi, along with Ambassador Saqr Abdullah Al-Muqbil, received the head of the team tasked with negotiating Iraq’s accession to the World Trade Organization, and the accompanying delegation, at the Ministry of Foreign Affairs building in Baghdad, in the presence of Hussein Younis, Head of the Economic Department at the Ministry of Foreign Affairs.

The statement quoted the Undersecretary as saying during the meeting: The Iraqi government is interested in opening up to international organizations, and has a desire to activate Iraq’s presence in international forums, explaining that the Ministry of Foreign Affairs seeks to enhance regional and international cooperation alongside the relevant ministries in the government.

He pointed out that Iraq has natural and human resources and a specialized workforce in many fields who deserve to be provided with job opportunities, expressing his hope that Iraq’s joining such organizations will contribute to providing such opportunities by increasing investments in the private sector in light of the current openness and the government’s plans to develop the economy and its various sectors.

For his part, the head of the Saudi delegation stressed that the Kingdom believes that Iraq is a country that has chosen peace and stability and seeks to achieve economic development, pointing out the importance of Iraq to the Kingdom of Saudi Arabia from an economic perspective.

The Saudi delegation noted that the Kingdom believes that the political obstacles preventing Iraq from joining the World Trade Organization have been removed, stressing that the Kingdom’s government supports Iraq’s desire to enter global economic institutions.

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