Baghdad – Najlaa El Taee
Australia announced that, it will provide 110 million dollars aids to Iraq for the next three years, as Australian foreign minister, Jolie Bishop confirmed in a statement that, these aids will help the humanitarian situation and achieve stability in Iraq.
According to this statement, these aids will help in the war against Daesh, and it will also raise the humanitarian aids to Iraq and Syria to more than 530 million dollars since 2014.
Australian Chargé d'affaires in Iraq, Peter Byd asked the Iraqi government for more facilities to attract international investment, confirming the Australian wish to enter the Iraqi market. He said in a press statement that, the Australian government informed the companies that are willing to participate in Baghdad international fair, to invest in Iraq and build a development relation with it.
He added that agriculture and agricultural industries companies confirmed their participation in the fair, which will be held next October, asking the Iraqi government to work to attract even more companies.
He said that, Australian Representative, Ministry of Foreign Affairs and Ministries of Commerce and Industry in the two countries are discussing the possibility to hold Iraqi Investment Conference in Australia, to identify investment sources and explore the bilateral need to develop economic relations.
He added that Australia monitored the previous fairs and saw its benefit regarding investment offers and cooperation between Iraqi institutions and foreign companies.
Many foreign countries have expressed their wishes to invest in Iraq, but the complicated rules and security situation prevented them. On the other hand, Iraq is looking forward for more support from Arab Coalition countries I its effort to eliminate Daesh and establish security and stability, while it is working to improve its relations with other countries.