The Iraqi embassy in Ankara held a seminar focusing on visa processes for Turkish investors and potential investment opportunities in Iraq for 2025. Ambassador Majid Al-Lajmawi revealed that trade between the nations has surpassed $15 billion. The event included discussions on simplifying visa procedures to enhance economic relations and promote investments in key sectors.
The Iraqi embassy in Ankara hosted a seminar on Friday to discuss entry visa processes for Turkish investors, as well as potential investment opportunities in Iraq for 2025. Ambassador Majid Al-Lajmawi announced that the trade exchange between Iraq and Turkey has surpassed $15 billion.
The seminar featured notable officials, including Muhammad Mufid Aydin, head of the Turkish-Iraqi Parliamentary Friendship Committee, and other representatives from Turkey’s Foreign Ministry and numerous Turkish investors.
Ambassador Al-Lajmawi emphasized efforts by the Iraqi government to ease visa procedures for Turkish investors, a strategy designed to bolster economic collaboration and overcome previous diplomatic tensions. Special exceptions for direct entry visas for Turkish investors were also a focus of the discussions.
He explained that Iraq is open to investments across various sectors including energy, infrastructure, industry, agriculture, and technology. The trade exchange figures recorded do not include oil and its derivatives, marking a significant economic relationship.
The head of the Turkish-Iraqi Parliamentary Friendship Committee commended the embassy’s efforts to streamline visa processes, stressing the importance of strengthening economic ties between the two nations. The deputy head of the Parliamentary Investment Committee indicated that 2025 is anticipated to witness a rise in investment projects in renewable energy and manufacturing.
In summary, the seminar organized by the Iraqi embassy in Ankara highlighted significant economic cooperation between Iraq and Turkey, with trade exceeding $15 billion. The Iraqi government is committed to facilitating investments by easing visa processes, which will further strengthen bilateral relations. There are optimistic projections for increased investment opportunities in various sectors by 2025.
Original Source: ina.iq
