By John Lee. Iraq's Minister of Transport, Razzaq Muhebess Al-Saadi, welcomed the Ambassador of the People's Republic of China, Mr. Tsui Wei, at the ministry's headquarters to discuss cooperation between the two countries. The minister expressed the desire to enhance the partnership with China, which he described as "a friendly country to Iraq both in
New Iraq-China Business Council To Foster Trade, Investment menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
By John Lee. Iraq and China have set the Iraq-China Business Council, with a view to increasing trade and investment between the two countries. With trade valued at around $53 billion in 2022, according to a statement from Iraq's Ministry of Trade, China is Iraq's largest trading partner. Full statement from the Ministry of Trade:
In Iraq, the precarious reality and confused relationships seem to have driven al-Sudani’s government to attempt to circumvent the traditional binary choice between Washington and Moscow. This new course comes with a distinct and flashy name, the “Development Road” project, and looks to Beijing as a third way forward.