Parliamentary Committee Calls on Foreign and International Companies to Invest in Iraq

Information / Baghdad… The Parliamentary Investment and Development Committee called on foreign and international companies to invest in Iraq today, Thursday, while stressing that the Iraqi market is promising and its investment environment is good.

Deputy Chairman of the Investment Committee, Hussein Al-Saabri, told Al-Maalouma Agency that “the Prime Minister discussed developing economic and trade relations with international and Arab countries to increase foreign investments in Iraq.”

He added that “local investments in Iraq are small compared to foreign and international investment capabilities and opportunities, noting that foreign investments play an important role in stimulating economic growth and developing the state’s sources of hard foreign currency.”

He continued that “foreign investments improve the image of the state and confidence in the Iraqi economy abroad, which encourages increased foreign investments.”

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