Qusai said in a statement to the National Iraqi News Agency (NINA): "Iraq is looking forward to being a strategic partner with the countries of the Arab region to form an economic power that stimulates global investments to direct towards Iraq. Also, openness to China for cooperation with this region and then integration supports the stability of energy security globally." Especially since China is the world's first consumer of oil, and a quarter of Iraqi oil sales go daily to China.
He added, "Iraq is also looking forward to benefiting from China's experience in stopping desertification, addressing poverty, expanding Chinese investments in the commercial and petrochemical sectors, and trying to reduce fuel consumption locally to support exports through the transition to renewable energy uses and the transition to the digital economy. Iraq is poised to shift towards an attractive environment to invest because of its geographical location, a link between the production of the continents of Asia and Europe, as well as the continents of Africa and Europe through the Kingdom of Saudi Arabia, and various resources in various sectors to contribute to creating job opportunities in various sectors and reducing poverty rates.
The economist stressed: "Creating an integrated strategy for growth in the region will contribute to the formation of a new Middle East that is open to the East and the West. Iraq will be one of the most important countries in this system for the transition towards a sustainable green economy."
Yesterday, Friday, in the Saudi capital, Riyadh, the Arab-Chinese summit was held, with the participation of Iraq, to create Arab-Chinese cooperation at all levels./ End
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