Meeting between the Iraqi Prime Minister Dr. Haider Al-Abadi and IBC Chairman and Members

On the sidelines of his visit to the Hashemite Kingdom of Jordan, the Iraqi Prime Minister Dr. Haider Al-Abadi met on Sunday 26/10/2014 with IBC Chairman Dr. Majid Sadi and a delegation comprising IBC Board members; Mr. Turkey Al-Quisi, Mr. Makki Al-Faiz, Mr. Khalil Al-Bunniya, Mrs. Wassan Al-Khafaji, Dr. Fakhri Reshan and IBC CEO Mrs. Abeer Al-Naib.

 Dr. Al-Abadi listened to ample explanation presented by Dr. Sadi on the status of Iraqi investors in the Kingdom, the volume of their investments, their keenness and interest in expanding their investments to their homeland and means of encouraging and developing the Iraqi capital abroad that exceeds, as explained by Dr. Sadi, 2000 billion Dollars worldwide.

IBC Chairman further delivered a summary on IBC activities, its role in supporting the Iraqi economy and its objectives as to facilitate investment and encourage Iraqi investors and businessmen outside Iraq, bearing in mind that IBC presented its annual report and a worksheet covering summary of Dr. Sadi’s presentation including the initiative to establish an Iraqi economic advisory council.

On his part, the Iraqi Prime Minister Dr. Al-Abadi promised to study the presented proposals and instruct the competent bodies in the Iraqi Government to work on overcoming all obstacles and facilitating business and activities of the Iraqi businessmen in their country (Iraq).

The Prime Minister also affirmed during this meeting the keenness and seriousness of the Iraqi Government in supporting the Iraqi Private Sector and benefiting from the expertise and abilities of the Iraqi investors, indicating the importance of the economic factor in supporting and developing the security factor.

The Iraqi Prime Minister also welcomed and lauded the initiative of IBC Chairman for establishing an expanded Iraqi advisory economic council that conjoins all Iraqi economic associations and federations and acts as the sole Iraqi platform representing the Iraqi Private Sector.