Activating memoranda of understanding trends Iraqi international economic
20/01/2013 12:00 am
BAGHDAD - morning
stressed Iraqi Prime industrial assembly Abdul Hassan Shammari the importance of openness towards the global industrial blocs and build bridges of cooperation between Iraq and those countries to the benefit to the local economy as well as working on the introduction of advanced technologies to the country. At a time announced by the Ministry of Industry activate Economic and Industrial Cooperation between Iraq and the Czech Republic. Said Shammari in an interview (morning) that the country has to heading towards reducing the gap between Iraq and the outside world through the adoption of technology transfer mechanisms local to Iraq through the mass participation or investment and other cooperation mechanisms, and pointed to the importance that there be integration in the activation of local industry through the adoption of a policy of protecting local products, which imposes upon that produces materials and goods with international quality specifications. He Shammari said memoranda of understanding governing with the countries of the world are of great importance for it is a step closer views between Iraq and the world, especially as the international companies want to work in Iraq to detect them the importance of the Iraqi market stemming from the weight of business dealings Alhalahoukal Director General of the Department of investments in the Ministry of Industry: has approval by the prime minister to begin implementation of the memorandum of understanding signed between the Ministry of Industry and Minerals and the Ministry of Industry and Trade of the Czech Prague 2012 and develop relations of cooperation between the two ministries and the creation of necessary conditions for strengthening activities between Iraqi companies and Czech markets of both countries.
said in a press statement: This note will contribute in promoting and developing relations between the two countries in the areas of development of trade and economic relations and facilitate new investments as well as promoting industrial cooperation, trade and facilitate communication events between pilot projects between the two countries in addition to the promotion of cooperation and understanding and the broadest field between the private sector, taking into account the economic policies with the need to strengthen links Partnership for pilot projects by participating in exhibitions and seminars and all commercial activities that contribute to the convergence of businessmen, stressing the desire of the two ministries in the development of relations of industrial cooperation in bilateral industry (petrochemicals - engineering industries - water management - energy contained renewable sources - the auto industry - mining - ICT - military industries - agricultural machinery - food industries, chemical)
and pointed to the need to invite Czech companies to invest in various projects industries strategy in Iraq and to participate in public calls announced by the Ministry with the agreement on training Iraqi cadres in various industrial fields and administrative in the Czech Republic where he parties the continuity of mutual dialogue in the light of their activities and create favorable conditions for the development of industrial relations and serve mutual interests of both countries as well as develop and promote the flow of investments between the two countries.
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