Egypt-Iraq Present at Joint Economic Forum in Cairo

Cairo, MINA – Egyptian Prime Minister, Mostafa Madbouly and Iraqi Prime Minister, Adil Abdul-Mahdi on Sunday, March 24, attended a joint economic and trade forum in the presence of ministers and businessmen from both countries.

Madbouly welcomed Iraqi delegation from business and industrial community, in capital city of Cairo, Al-Ahram reported.

He emphasized the historical ties that were deeply entrenched between the two countries, because Egypt and Iraq always shared many things and became the foundation from stability of region and throughout Middle East.

He conveyed the direction of President Abdel Fattah El Sisi to promote relations with Iraq.

He also said that one of the most important efforts of cooperation was agreement between two countries to establish a joint venture.

According to Madbouly, Egypt has taken important steps in the same way for many countries on African continent.

A joint high committee meeting will be held next month, “where I will visit Iraq”, he said.

“I hope that during my visit, the implementation of a number of projects will begin,” he added.

He stressed that private sector was included in this point from governments of Egypt and Iraq.

Egypt’s experience in economy over the past four years, according to Madbouly, shows its success in achieving positive indicators, including a growth rate of 5.6%.

“Next year we aim to reach 6% and cut the unemployment rate to 9% with help of many national projects that are being implemented and that have contributed to creating around 900,000 workers per year,” he added.

Meanwhile, Iraqi prime minister expressed pleasure in attending the forum and holding talks with President Sisi on Saturday and later with his colleague Madbouli.

He hoped that his visit would contribute to promoting bilateral cooperation in various sectors to fulfill the aspirations of both countries and community.

He added that the conditions ini his country had made many sectors need cooperation and reconstruction.

“Many areas and opportunities are available, and we need to double production,” he said. (T/Sj/R04)

Mi’raj News Agency (MINA)