Iraqi PM to visit Kuwait for business cooperation talks

Prime Minister Mustafa Al-Kadhimi stated that Iraq was looking forward to establishing a joint industrial and commercial zone with Kuwait to further develop an economic partnership between the two countries.

Iraq’s Ambassador to Kuwait, Al-Menhel Al-Safi, held a meeting with Chairman of the Kuwait Chamber of Commerce and Industry, Mohammad Jassem Al-Sagr, several days ago, discussing a host of issues.

Kadhimi’s comments came during a meeting with Chairman of the Kuwait Chamber of Commerce and Industry Muhammad Jassim Al-Saqer and a large group of businessmen on the sidelines of his visit to Kuwait.

“Iraqi-Kuwaiti cooperation in the fields of oil and energy is of great interest to us, and we look forward to developing these relations by encouraging the Kuwaiti side to expedite the implementation of the related Gulf electrical interconnection projects,” he added.

Kadhimi stressed that the Iraqi government has worked to facilitate investment procedures, protect the rights of investors, provide all forms of support for the success of their business, and simplify granting entry visas to Kuwaiti businessmen, noting that Iraq had previously signed an agreement to avoid double taxation with Kuwait in 2019.