The Iraqi embassy in Ankara held a seminar to facilitate Turkish investment in Iraq, highlighting a trade exchange surpassing $15 billion. Ambassador Al-Lajmawi emphasized efforts to simplify visa procedures to strengthen bilateral relations. The seminar included discussions on potential investment opportunities across multiple sectors, indicating a growing focus on enhanced economic collaboration between Iraq and Turkey.
The Iraqi embassy in Ankara convened a seminar to discuss visa procedures for Turkish investors and showcase investment opportunities in Iraq for 2025. Iraqi Ambassador Majid Al-Lajmawi reported that trade between Iraq and Turkey exceeded $15 billion. The seminar featured notable attendees, including the head of the Turkish-Iraqi Parliamentary Friendship Committee, Muhammad Mufid Aydin, and various Turkish businessmen.
Ambassador Al-Lajmawi emphasized the Iraqi government’s efforts to streamline visa issuance for Turkish investors, which aims to foster stronger economic ties and address former tensions in their relationship. He mentioned the embassy’s successful negotiations for provisions allowing direct visa access for investors from Turkey.
Economic collaboration between Iraq and Turkey encompasses various sectors, including energy, infrastructure, agriculture, industry, and technology. Al-Lajmawi underscored that the significant trade exchange figure of $15 billion in 2024 does not include oil and its derivatives.
The head of the Turkish-Iraqi Parliamentary Friendship Committee acknowledged the Iraqi embassy’s role in simplifying visa processes and underscored the necessity of enhancing bilateral economic relations. The deputy head of the Parliamentary Investment Committee highlighted expectations for increased investment projects in 2025, with improvements for investors in renewable energy, manufacturing, and technology fields.
The seminar organized by the Iraqi embassy demonstrated a commitment to strengthening economic relations between Iraq and Turkey, highlighting the significant trade volume and future investment prospects. With a focus on simplifying visa procedures and attracting Turkish investors, both countries aim to foster cooperation in various sectors.
Original Source: ina.iq
