Thursday, March 28, 2024

Baghdad

Iraq concludes memorandum of strategic cooperation with S. Korea

Iraq concludes memorandum of strategic cooperation with S. Korea

Baghdad (IraqiNews.com) The Iraqi National Commission for Investment represented by its chairman, Sami Raouf al-Araji concluded in Seoul a memorandum for Strategic Cooperation with the South Korean Institution for Development, Trade and Investment to upgrade the economic cooperation between both countries.

A statement by the Commission cited that “Araji reviewed during a speech delivered on this occasion, the investment opportunities available in Iraq where he encouraged the S Korean companies to take part in the investment and development movement in Iraq.”

During a press conference held later on, Araji confirmed that “The work at Basmaiya housing project is going on as planned,” calling the “S Korean companies to join the Iraqi market and make use of the significant economic and investment opportunities.”

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