Abdul al-Razzaq al-Zuhairi, head of the Federation of Iraqi Chambers of Commerce (FICC), stressed the importance of the agreement to get Iraq’s economy back on track.
"Iraq must keep up with the pace of the world and establish its trade process globally, taking into account the standards of the World Bank,” he said, according to INA, about creating an integrated system for importing and exporting goods.
"The first step began with registering data for merchants and registering companies. This is great support that we got from the Council of Ministers and the United Nations, and we have reached a good stage,” added Zuhairi, taking one step closer to making Iraq a country with a developed economy.
The goal was to explore areas of cooperation where Saudi products could enter Iraqi markets and demonstrate its commitment to increase its non-oil exports, according to the governmental Saudi Press Agency.
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