H.E Mr. Ali bin Ahmad Al Kuwari, Minister of Commerce and Industry, held on Sunday separate meetings with H.E. Mr. Adel Abdul Mahdi, Iraq’s Prime Minister, and H.E. Mr. Mohammed Al Halbusi, Iraqi Parliament Speaker. The meetings took place within the framework of H.E. Mr. Al-Kuwari’s visit to Iraq.
Discussions touched on the promotion of bilateral relations and the development of joint cooperation, particularly in the fields of trade, investment and industry in light of the friendly ties and strategic interests that Qatar and Iraq share.
Discussions also touched on the developments that the Qatari economy has witnessed in recent years and the investment incentives that Qatar is offering across various sectors. These include a law regulating the investment of non-Qatari capital in economic activity, and initiatives to support the private sector and bolster its contribution to overall economic development, as well as to attract foreign direct investment and encourage Iraqi companies to invest in the Qatari market.
Qatar and Iraq enjoy close trade ties that have reflected positively of the volume of bilateral trade, which reached QR472 million in 2018.