Saturday, June 22, 2024


Iraqi PM, Armenian President discuss investment opportunities in Iraq

 Iraqi PM, Armenian President discuss investment opportunities in Iraq

The Iraqi Prime Minister, Mohammed Shia Al-Sudani, and the Armenian President, Vahagn Khachaturyan. Photo: PMO

Baghdad ( – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, said that Armenian companies can contribute to investment opportunities and important projects in Iraq, especially the Development Road and the Al-Faw Grand Port.

Al-Sudani’s remarks took place on Tuesday during his meeting with the Armenian President, Vahagn Khachaturyan, where he expressed appreciation for the Armenian government’s directions towards developing bilateral relations, according to a statement released by the Prime Minister’s Office (PMO).

Khachaturyan, who was accompanied by a delegation of Armenian businessmen, confirmed that his visit to Iraq aims to explore the available opportunities and expand the economic partnership between the two countries.

The Armenian President also expressed his country’s eagerness to cooperate with Iraq in the fields of information technology, banking, and clean and renewable energy.

In a separate meeting with the Iraqi President, Abdul Latif Rashid, Khachaturyan discussed strategies to promote bilateral relations and collaboration in various fields, including the economy, trade, and investment.

During a visit to Armenia in late November, the Iraqi President indicated that Iraq had become an attractive country for foreign investments, particularly in areas such as infrastructure, tourism, and trade exchange.

The two leaders addressed the importance of regulating flights between Baghdad and the Armenian capital, Yerevan, as well as between Erbil and Yerevan, to boost tourism activities between the two countries.

Both sides also discussed the cancellation of entry visas between the two countries, in addition to operating direct flights between Iraq and Armenia.