Iraq offers support for Lebanese Investors and Workers

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Iraq offers support for Lebanese Investors and Workers

Iraq’s Minister of Labour and Social Affairs, Mr Ahmed Al-Asadi, has confirmed his united states of america’s readiness to provide all feasible facilitation for Lebanese employees in Iraq, provided that they agree to legal techniques designed to make sure their rights and protection.

The feedback were made at some point of a assembly with Lebanon’s Minister of Labour, Dr Mohammad Bahjat Haidar, at the sidelines of the 113th consultation of the worldwide Labour conference in Geneva. the two ministers mentioned approaches to decorate bilateral cooperation, specially in investment and encouraging Lebanese commercial enterprise owners to go back to spend money on Lebanon.

Mr Al-Asadi acknowledged the effect of Lebanon’s economic crisis on capital flows, particularly in light of past screw ups within the banking region. however, he affirmed Iraq’s commitment to supporting Lebanon’s financial recuperation through encouraging Iraqi buyers to explore opportunities there. He defined investment as fundamental to countrywide improvement, noting that Iraq has seen widespread investment-driven growth over the last two to 3 years.

with reference to overseas and Arab people in Iraq, Al-Asadi highlighted concerns about the large quantity of workers entering the country illegally. He stated that Iraq’s Council of Ministers has issued a selection to regularise the repute of such people, enabling them to gain residency and sign up with the Ministry of Labour. This step ensures their eligibility for felony wages, social security registration, and broader labour rights.

The Minister reiterated Iraq’s openness to Lebanese labour, stressing the importance of criminal registration as a guarantee for safety and rights.