Al Sharqiya

Breaking news

Abdul Mahdi announces the signing of eight economic agreements with China

25 Sep 2019

BEIJING, Sept. 23 (alsharqiya) - The third Iraqi-Chinese economic cooperation forum kicked off this morning in the presence of Prime Minister Adel Abdul-Mahdi and members of the official delegation of conservatives, business owners, Chinese businessmen and investors. In a speech delivered at the forum, Abdul-Mahdi announced the signing of eight memorandums of understanding and agreements with the Chinese side, including a framework agreement for financial credit spending, a memorandum of understanding for economic reconstruction and another in the fields of economic, cultural and technical cooperation, in addition to contracts signed by ministers and governors, and the development of transport infrastructure. Communications, housing, energy, sewage and others. He pointed out that Iraq is the fourth source of oil in the world and help in this development is the contribution of Chinese companies to invest in the most important oil fields