Iraq, France Discuss Boosting Cooperation In Economic, Trade And Investment Fields

Baghdad, Iraq (NINA) - The Minister of Trade Salman Jumaili and French Trade Minister Jean-Baptiste Le Moann discussed bilateral relations in economic and trade fields and the promotion of investment opportunities. According to a statement of the ministry, "the Iraqi and French sides dealt with a number of important issues related to the plans of the Iraqi government to rebuild the liberated areas and the possibility of the contribution of French companies in the implementation of investment projects, especially in the field of infrastructure." Jumaili said on the sidelines of the 12th economic forum organized by the Iraqi-French Council for employers that "the government has drawn up the plan for reconstruction in three main tracks aimed at achieving human and social development as well as economic development as well as rehabilitation of infrastructure." Confirming "Iraq's need for reconstruction estimated at 100 billion dollars over ten years beginning in 2018." He added that "this money will be provided through what is allocated within the annual budgets of investment and also by opening up investment prospects to the private sector and foreign investors, as well as what Iraq will receive from international grants and assistance," referring to the ongoing efforts to hold the International Conference For donors, which is hoped to be held in February next year. " Al-Jumaili pointed out that "Iraq relies on international support to enable the government to implement its development programs, especially with regard to reconstruction, which requires provision of decent living for the people of liberated areas and provide suitable employment opportunities for youth and compensate citizens for their losses and the construction of schools and hospitals," noting that Iraq's need for schools not less than 7 thousand schools .. Calling on French businessmen and companies to enter to invest in Iraq. For his part, French Trade Minister said: "France is ready to provide all kinds of support to Iraq, and French companies have good potential that can be used for reconstruction and the construction of schools and other projects in accordance with the priorities provided by the Iraqi government .. Praising the great victories achieved by Iraq in the War on Terror. / End