Iraq’s Foreign Minister Fuad Hussein met with Morocco’s Economy and Finance Minister Nadia Fattah in Rabat to discuss enhancing economic and investment relations. He stressed the need for a comprehensive strategy and identified opportunities in various sectors. The meeting concluded with an invitation for continued dialogue and cooperation through designated mechanisms and forums.
Foreign Minister Fuad Hussein emphasized the significance of enhancing economic and investment ties between Iraq and Morocco during a meeting with Moroccan Economy and Finance Minister Nadia Fattah in Rabat. He highlighted the necessity of creating a comprehensive strategy and robust framework to foster cooperation, while identifying vast opportunities in sectors such as banking, finance, industry, and tourism.
Hussein noted that Iraq aims to achieve self-sufficiency in gas investment by 2028-2029 and commended Morocco’s experience in renewable energy. He suggested establishing mechanisms for joint efforts, including setting a date for the Iraq-Morocco Joint Committee’s meeting and organizing a business forum in Baghdad to strengthen private sector collaboration.
Minister Fattah praised Iraq’s national strategy and commended the comprehensive action plan underway. She underlined the need for effective mechanisms to boost economic collaboration between the two nations, discussing potential future cooperation areas.
Hussein extended an invitation to Minister Fattah for her to visit Baghdad to continue the dialogue and build stronger bilateral relations, signaling commitment to prolonged collaboration in economic development.
The meeting between Iraq’s Foreign Minister Fuad Hussein and Morocco’s Economy and Finance Minister Nadia Fattah marks a pivotal step toward improving trade and investment relationships between the two countries. As both nations explore potential sectors for growth and development, the discussions focus on creating strategies to solidify economic cooperation, particularly in energy, finance, and infrastructure, benefiting both economies in the long term.
In conclusion, the dialogue between Iraq and Morocco highlights the mutual desire to strengthen economic ties and investment opportunities. By focusing on strategic frameworks and areas like renewable energy and gas investment, both countries can facilitate beneficial partnerships that enhance their respective economies. The invitation from Hussein for Fattah to visit Baghdad underscores the proactive approach to cementing these cooperative aspirations.
Original Source: ina.iq
