According to the Iraqi News Agency (INA), the Minister of Foreign Affairs of Iraq, Fuad Hussein, held a meeting on Monday with Jassim Muhammad Al-Budaiwi, the Secretary-General of the Gulf Cooperation Council (GCC), to explore opportunities for enhancing cooperation between the two sides.
During a press conference in Baghdad, Hussein confirmed that Iraq welcomes investments from Gulf companies. Al-Budaiwi also mentioned that the electrical interconnection project with Iraq is an ambitious undertaking.
The Foreign Minister of Iraq clarified that their foreign policy aims to reinforce relationships, emphasizing that Iraq holds strong relations with the GCC countries.
During the discussions, Hussein made it clear that the primary focus was on the electrical interconnection project with the Gulf States.
The minister from Iraq discussed his government’s efforts to diversify the economy and recover flared gas. He also mentioned his discussion with Al-Budaiwi about the upcoming Iraqi-Gulf forum to be held in Sharjah.
The Secretary-General of the Gulf Cooperation Council (GCC) highlighted that their organization is committed to enhancing the security and prosperity of Iraq and fostering stronger relations between nations.
During the joint press conference, Al-Budaiwi emphasized the importance of enhancing relations between Iraq and the Gulf countries. He also revealed plans to connect the Iraqi economy with the Gulf economy, highlighting Iraq’s significant role in managing regional and international affairs.