Discussions Held on Saudi-Iraqi Business Development

The Chairman of the Federation of Saudi Chambers, Hassan Al-Huwaizi, has met in Riyadh with the Chairman of the Iraqi-Saudi Parliamentary Friendship Committee, Sheikh Shaalan Al-Karim.

According to a press release from the state-run Saudi Press Agency (SPA), the meeting explored investment and trade prospects and emphasized the importance of legislation that promotes investment.

Additionally, Saudi Gazette reports that the meeting discussed Iraq's preparation to introduce a law to protect Saudi Arabia's investments in the country, which is expected to be approved in the coming months.

The Federation also hosted a meeting of the Saudi-Iraqi Business Forum (Saudi-Iraqi Business Council) with the participation of prominent Iraqi parliamentarians, examining Saudi investment opportunities in Iraq and the challenges confronting investors.