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Japanese delegation to visit Baghdad next month to sign an agreement to encourage investment
31/05/2012 0:00
BAGHDAD - Al Sabah
agreed Iraq and Japan at the conclusion of the High Joint Committee between the two countries in Tokyo, to sign a memorandum of encouraging investment in the seventh of next month in Baghdad. The two countries signed yesterday at the conclusion of their meeting, the first economic agreement the new investment as a key step in strengthening bilateral trade relations between them according to what, according to Kyodo News. The agency quoted the Minister of Foreign Affairs of Japan Kushiro Gimba as saying at the end of the Joint Ministerial Committee: Japan is "very interested in oil and energy in Iraq as well as the demand for infrastructure," and expressed the hope to contribute to the agreement to raise the investment of Japanese companies in Iraq. For his part, Foreign Minister Hoshyar Zebari said the two countries should make further efforts to strengthen their trade relations. The agency said the two countries agreed to sign an agreement aimed at encouraging investment in the seventh of next month in Baghdad. She noted in this context that the Japanese side was also represented the Minister of Industry Yukio Adano request of senior Iraqi officials to ensure the security of foreign and trade liberalization. Prime Minister Nuri al-Maliki had agreed with his Japanese counterpart Yoshihiko Noda last November in Tokyo to set up a joint economic committee to encourage investment in infrastructure projects on a large scale in Iraq. And Noda said during the meeting with Maliki that Japan will provide loans of about $ 750 million to Iraq to help it improve the Basra refinery and sectors of telecommunications and medical services. and briefed the Minister of Foreign Affairs in a press conference held yesterday at the Press Center (FPC) and was attended by a number of news organizations and foreign journalists and satellite channels who are in Tokyo, the results of the visit and his meetings with senior Japanese officials, which included research relations, Iraq - Japanese and ways of developing them to serve the interests of both countries. also spoke about the results of meetings of the Iraqi - Japanese joint, and urged companies and investors to enter the Iraqi market for the reconstruction of infrastructure in all areas in Iraq.
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