Baghdad – IA
The Market Forces Committee, which was formed by Prime Minister Muhammad Shiaa Al-Sudani, recommended on Monday that a joint Iraqi-Turkish forum be held in Baghdad.
A statement by the committee received by the (INA) stated, “The Market Forces Committee, which was formed by the Prime Minister by order of Diwani, and which consists of the Association of Private Banks, the Federation of Chambers of Commerce, the Iraqi-Turkish Business Council, and the Iraqi Contractors Union, held a joint forum between the two countries, and the committee hosted Financial Advisor to the Prime Minister, Dr. Mazhar Mohammed Saleh.
He added, “The committee recommended developing economic relations with Turkey, through holding a joint Iraqi-Turkish forum under the auspices of the Prime Minister in Baghdad on the sidelines of the Turkish Minister of Commerce’s visit to Baghdad scheduled for next November.”
The committee focused, according to the statement, on “working to support the establishment of the international development road in a way that contributes to achieving a qualitative leap in international transport, industry and the contribution of the private sector and making Iraq a strategic corridor between the countries of Asia and Europe.”
The committee pointed out, according to the statement, “the importance of solving the problems of the Iraqi and Turkish private sectors, which relate to financial transfers, customs, entry visas, etc., in a way that contributes to developing economic relations, stressing the committee’s openness to all Iraqi and Turkish market forces.”
Earlier, Prime Minister Muhammad Shiaa Al-Sudani directed the formation of an Iraqi-Turkish committee to organize trade and strategic partnership between the two countries and support Iraqi merchants’ imports in dinars, and to open a direct dialogue on the topic of “equal deal” through direct negotiation with the Turkish Exporters Union and the Turkish Central Bank in coordination with The Central Bank of Iraq, due to the Turkish side’s high desire to pay in the local currency, to finance part of the four baskets supporting prices (food, medicine, construction, spare parts), which were proposed by the Prime Minister in his policy defending price stability in Iraq.