The Iraqi embassy in Ankara held a seminar emphasizing simplified visa procedures for Turkish investors and highlighted investment opportunities in Iraq for 2025. Ambassador Al-Lajmawi revealed that trade between Iraq and Turkey exceeded $15 billion in 2024, excluding oil. Key officials participated, reinforcing the importance of mutual economic cooperation and future investment projections.
The Iraqi embassy in Ankara hosted a seminar aimed at discussing entry visa procedures for Turkish investors and highlighting potential investment opportunities in Iraq for 2025. Ambassador Majid Al-Lajmawi announced that the bilateral trade exchange between Iraq and Turkey had surpassed $15 billion. Key officials, including members of the Turkish-Iraqi Parliamentary Friendship Committee and Turkish business representatives, participated in the event.
Ambassador Al-Lajmawi emphasized efforts by the Iraqi government to simplify visa applications for Turkish investors, aiming to strengthen economic ties and improve relations between the nations. He mentioned that the embassy has lobbied for exceptions that facilitate direct visa issuance to Turkish entrepreneurs. Al-Lajmawi outlined Iraq’s openness to foreign investments in key sectors such as energy, infrastructure, agriculture, technology, and industry.
He also highlighted that the $15 billion trade figure for 2024 does not include oil transactions, indicating strong non-oil economic interactions. The head of the Turkish-Iraqi Parliamentary Friendship Committee praised the Iraqi embassy’s work in easing visa regulations, underlining the importance of enhancing economic collaboration. Furthermore, the deputy chair of the Parliamentary Investment Committee noted that investment projects are expected to increase in 2025, particularly in renewable energy, manufacturing, and technology industries.
The seminar organized by the Iraqi embassy in Ankara signifies a strong commitment to fostering closer economic relations between Iraq and Turkey. With the announcement of over $15 billion in trade and initiatives to simplify visa access for Turkish investors, both countries are set for expanded investment opportunities across various sectors in 2025.
Original Source: ina.iq
