Iraq’s Foreign Minister Fuad Hussein met with Morocco’s Finance Minister Nadia Fattah to discuss enhancing economic and investment ties. Hussein highlighted Iraq’s future economic plans, particularly in gas investment, and acknowledged Morocco’s experience in renewable energy. The two ministers agreed on the importance of establishing a Joint Committee and holding a business forum to strengthen private sector relations.
Baghdad – INA
On Thursday, Iraq’s Foreign Minister, Fuad Hussein, emphasized the significance of strengthening economic and investment ties between Iraq and Morocco. In a meeting with Morocco’s Minister of Economy and Finance, Nadia Fattah, Hussein discussed enhancing cooperative strategies to foster these relations, indicating multiple opportunities exist for collaboration.
Hussein highlighted Iraq’s plans for economic development, particularly in gas investment, aiming for self-sufficiency by 2028-2029. He addressed potential partnerships in banking, finance, industry, and tourism, while acknowledging Morocco’s renewable energy initiatives that could positively impact Iraq’s economy.
The Foreign Minister proposed establishing a date for the Iraqi-Moroccan Joint Committee’s meeting and organizing a business forum in Baghdad to boost private sector collaboration. Minister Fattah praised Iraq’s national strategy and expressed a commitment to cultivating effective mechanisms for economic cooperation.
Finally, Fuad Hussein extended an invitation for Minister Fattah to visit Baghdad, aiming to continue dialogues and strengthen bilateral relations between the two nations.
The discussion between Iraq and Morocco reflects a strategic effort to enhance economic partnerships, particularly in investment sectors that are critical for both countries. Iraq seeks to leverage its economic plans, particularly in the gas sector, while Morocco has strengths in renewable energy, marking a potential area for collaboration that could benefit both economies. The focus on a joint meeting and business forum signifies a commitment to active engagement and practical steps towards sustained cooperation.
In conclusion, the recent meeting between Foreign Minister Fuad Hussein and Morocco’s Minister Nadia Fattah underscored the vital need for economic and investment relations between Iraq and Morocco. By addressing collaborative opportunities across various sectors and proposing forums for dialogue, both nations are poised to enhance their partnership effectively.
Original Source: ina.iq
