By John Lee.
Iraq's Ministry of Trade has highlighted plans to support the development of youth-led initiatives into viable economic projects during the first Creative Economy Conference workshop.
Trade Minister Atheer Dawood Al-Ghurairi said the ministry is working to adopt and support innovative initiatives that help transform entrepreneurial ideas into practical, market-ready businesses.
The conference, described as the first of its kind in Iraq, aims to support small and medium-sized enterprises (SMEs), strengthen the innovation ecosystem, and connect emerging projects with relevant support institutions.
Key focus areas include:
- Supporting entrepreneurs in developing and scaling business ideas
- Enhancing the role of SMEs in the national economy
- Linking projects to local market needs
- Encouraging innovation and youth participation in economic activity
The minister also proposed organising specialised exhibitions to showcase projects and ideas, providing a platform to promote youth talent and encourage continued innovation.
Officials emphasised that SMEs represent a core driver of economic activity, with a key role in job creation and the development of sustainable employment opportunities.
(Source: Ministry of Trade)
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