Iraq News - Local News - Baghdadpost

Iraq to participate in Russian-Arab Business Council in Moscow: amb.

Iraqi Ambassador to Moscow Haidar Mansour affirmed that Iraqi will participate, through a high-level delegation headed by Nizar al-Khayrallah, deputy foreign minister of Iraq, in the 12th session of the Russian-Arab Business Council.

Iraqi will participate actively to strengthen the bilateral relations and will be keen to take part in all events related to the Arabic-Iraqi-Russian cooperation, Mansour said, adding that a number of Iraqi diplomats will participate in the business council.

The council is set to be held from April 8-10 in Moscow.

Russian Foreign Minister Sergei Lavrov said that economic cooperation with the Arab world was a top priority of Russian foreign policy, pointing to the implementation of around 400 investment projects worth more than $40 billion by Arab and Russian companies.

Lavrov said at the opening ceremony of the Arabia Expo 2019 in Moscow on Monday that the volume of trade between Russia and Arab countries grew by 8 percent in 2018, reaching $22 billion.

Stressing the need to further promote bilateral cooperation, he pointed to large joint projects between Russia and the Arab region, including the Egyptian nuclear power station.

Arabia Expo 2019 kicked off on Monday, with the participation of around 700 companies from 20 countries of the Arab world and the Middle East, officials from the Russian and Arab governments. The Russian-Arab Business Council was also launched in conjunction with the event.

At the opening ceremony, Lavrov delivered a speech by Russian President Vladimir Putin.
Last Modified: Thursday، 11 April 2019 10:21 PM