Iraqi Prime Minister Mustafa al-Kadhimi on Monday stressed that the government is determined to revive the country’s industrial sector to support its economy.
Al-Kadhimi’s comment came during his opening of the five-day session of the “Made in Iraq Exhibition” in the Baghdad International Fair in western the capital, al-Kadhimi’s media office said in a statement.
“We are currently working on preparing the necessary infrastructure to create an appropriate environment to revive the Iraqi industry again, and we rely on the youth energies in our country,” al-Kadhimi told the opening ceremony.
He also called on the private sector to play a major role in restoring the identity of the Iraqi industry and pledged to provide the necessary support so that the Iraqi industry could compete with the industries of other countries, according to the statement.
The exhibition aims to shed light and encourage locally made products, as Iraq is going through a severe economic crisis due to the decline of oil exports and revenues in recent months because of the dip in selling prices in the oil market, mainly due to the COVID-19 pandemic and its impact on the global economy.
- Coronavirus – Eswatini: COVID-19 update (February 23, 2021)
- Coronavirus – Ethiopia: COVID-19 update (February 23, 2021)
- Coronavirus – Nigeria: COVID-19 update (February 23, 2021)
- Coronavirus – Eritrea: Ministry of Health announcement (February 23, 2021)
- Raubenheimer satisfied with Bok Women’s progress
- Coronavirus – Malawi: COVID-19 update (February 23, 2021)
- The first doses of the AstraZeneca vaccine were delivered to Ghana via COVAX
- The Government of Pakistan and the International Islamic Trade Finance Corporation signed an annual financing plan amounting to US $ 1.1 billion
- Coronavirus – Uganda: COVID-19 update (February 23, 2021)
- NaturalShrimp Signs Letter of Intent to Acquire Aquaculture Assets from Hydrenesis Aquaculture, LLC