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Thurs. PM KTFA Iraq News Articles 1-19-23

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Henig » January 19th, 2023

The President of the Republic: The importance of strengthening relations with the European Bank regarding the diversification of the economy

Economy News – Baghdad

President of the Republic Abdel Latif Jamal Rashid received, on Wednesday, the President of the European Bank for Reconstruction and Development, Odile Renaud Basso, in the World Economic Forum building.

The President of the Republic stressed, according to a statement by his office, “the importance of strengthening relations with the European Bank, especially with regard to diversifying the economy and enhancing its stability, as well as creating appropriate conditions for achieving sustainable economic development that focuses on facilitating business implementation and providing an attractive environment for effective investment.”

He added, “Iraq possesses the will, and has the capabilities and energies to support a comprehensive national development,” noting that “the Iraqi government confirms that the promotion of sustainable local development takes place through building strategic regional and international partnerships, and encouraging the private sector in Iraq.”

The President of the Republic called for “international cooperation to preserve the movement of global food trade and prevent disruption in its supply chain, in a way that enhances global food security.”

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In turn, the President of the European Bank for Reconstruction and Development expressed the bank’s pride in the close relations with Iraq, praising the success of the Iraqi efforts to achieve economic reform, and stressing the European Bank’s keenness to develop joint cooperation at various levels. LINK

Source: Dinar Recaps

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