PR No.165 BOI Arranged Pak-Iraq Business Meeting Islamabad: July 26, 2019

Dr. Sami Al-Araji, Chairman National Investment Commission of Iraq, along with his delegation, is visiting Pakistan. In this regard Board of Investment organized “Pak-Iraq Business Meeting” in which Pakistani businessmen were invited to meet the delegation and discuss the avenues for mutually cooperation in terms of trade and investment. The Chairman NIC (Iraq) and participants from different sectors, including Information Technology, Construction, Energy, Education, Science & Technology, Pharmaceuticals & Health and Logistics etc., were welcomed by Mr. Zubair Gilani, MOS/Chairman Board of Investment. Mr. Zubair Gilani, MOS/Chairman BOI, said that Pakistan is looking for a long-term and strategic relationship with Iraq. He stated that the government is focused on industrial growth in the country which meets the objective of enhancing exports. The Chairman BOI reiterated that the Government is focused on removing red-tape and hurdles and ensure ease of doing business which would help them to flourish. He added that the sentiments of brotherhood and friendliness exist in the people of both nations, which should be translated into a long-term partnership between the two countries. Mr. Zubair Gillani underlined that there is an agreement to work towards mutual objectives and create a framework for institutionalized partnership between Pakistan and Iraq. While addressing the participants, Dr. Sami said that Iraq wants to build a close relationship with Pakistan and MoU between Pakistan and Iraq for protection of investments is being discussed for strengthening of this relationship. He added that Iraq is ready to invest in Pakistan and joint ventures and partnerships in the fields of Tourism, Education, Health and others are welcomed.

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