January 12, 2023
Baghdad/The Obelisk: The Obelisk publishes the highlights of what was stated in the speech of Prime Minister Muhammad Shia’a Al-Sudani, Thursday 12/01/2023, with representatives of German companies, in the invitation held by the Arab-German Chamber of Commerce in Berlin:
???? The new Iraqi government is heading towards more participation of German companies in reconstruction and infrastructure development.
???? Iraq places its trust in German companies, due to its high experience, efficiency and global reputation.
???? The Iraqi government seeks to diagnose the challenges facing the investment process in Iraq, and put them in a direction that is consistent with international standards.
???? The government is working to overcome obstacles to the work of companies in Iraq, provide the necessary facilities, reduce bureaucracy facing investors and simplify procedures.
???? The government has made it easier to grant entry visas to Iraqi lands to investors directly at the Iraqi border crossings (land, sea, and air) for the purpose of investment.
???? Inviting German companies to invest in Iraq in various fields, especially investing in renewable energy, gas and petrochemical projects.
???? It is expected that the costs of producing renewable energy in Iraq will be low compared to other countries, as well as supporting the Iraqi government’s plan to develop the energy and electricity sector.
???? We urge German companies to actively participate in joint exhibitions and conferences, which will represent a roadmap for the work of German companies in Iraq.
???? The government seeks to open air lines between the two capitals, Baghdad and Berlin, and the rest of the Iraqi and German cities, to enhance trade, investment and tourism relations between the two countries.
???? We aspire to a strategic partnership and cooperation in all fields between the two countries.
???? Emphasis on the participation of Iraqi private sector companies in projects in the custody of German companies, and the creation of investment partnerships between the two sides, to achieve and sustain the strategic partnership.
???? We emphasize the importance of activating tourism in the way of tourist groups, to visit archaeological and tourist areas in Iraq, and to overcome obstacles.
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