By John Lee.
The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, signed a cooperation protocol with Ms. Nada Laiqa, Director General of the Syrian Investment Agency (SIA), on attracting foreign direct investment (FDI).
Attended by representatives from the Ministries of Oil and Communications, the protocol discussed cooperation details between Baghdad and Damascus to facilitate FDI by exchanging information and priority investment opportunities.
Makiya highlighted the strong ties between Iraq and Syria at the popular and governmental levels, as well as the levels of trade and economic cooperation. He mentioned Iraq's efforts to establish development zones, exchange expertise in training, and organize joint promotional activities.
The NIC chairman emphasized the importance of cooperation between the two countries in available sectors according to applicable laws, noting that the protocol constitutes a significant economic management tool in the investment sector.
For her part, Ms. Laiqa, Director General of the Syrian Investment Authority, expressed her gratitude for Iraq's keen interest in strengthening trade relations with Damascus to boost development indicators.
(Source: NIC)
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