The Iraqi Ambassador to Saudi Arabia Qahtan Khalaf has revealed about 13 agreements that will be signed during the Prime Minister Adil Abdul-Mahdi’s visit to Riyadah.
In remarks on Tuesday, Khalf said “the visit by the high-level Saudi delegation, which was headed by Trade Minister Majid al-Qasabi, to Baghdad, is considered a strong basis for ties between Iraq and the kingdom.”
Khalaf went on saying that “it has been agreed on signing 13 memoranda of understanding during visit by Prime Minister Adil Abdul-Mahdi to the kingdom in two weeks, which will be translated into real work.”
Khalaf also expressed gratitude toward King Salman bin Abdul Aziz for his initiative “to build a sports city in Baghdad, which expresses sentiments toward the Iraqi people.”
The Iraqi cabinet, according to Khalaf, approved few days ago “the draft of agreement to encourage and protect investment between Iraq and Saudi Arabia, which will develop ties and boost trade exchange.”
Moreover, Khalaf added that “Iraq offered 186 investment opportunities for Saudis.”
The agreements which will be signed in Riyadh by the Iraqi-Saudi Cooperation Council are mainly in fields of energy, oil and electricity.