Chargé d’Affaires ad interim of the Mission of the Republic of Iraq to the European Union Meets Head of External Action Service at the European Investment Bank

The Chargé d’Affaires ad interim of the Mission of the Republic of Iraq to the European Union, Dr Fadel Rahim, has met Head of the External Action Service at the European Investment Bank, Mr. Orlege Bronhuber, at the Embassy headquarters at the request of the latter.

During the meeting, they exchanged views on means to enhance the cooperation between the two sides and discussed the latest developments in the ongoing negotiations between the Republic of Iraq and the European Investment Bank to sign a framework agreement between the two sides.

The Chargé d’Affairs, Dr Al-Rahim confirmed that the Government of Iraq is actively engaged to provide the requirements for attracting foreign capital to support the economic and investment process in Iraq and that the conclusion of a framework agreement between Iraq and the European Investment Bank will contribute to supporting the private sector and benefiting from European expertise in this field, stressing the importance of coordinating efforts and continuing negotiations between the competent Iraqi authorities and representatives of the European Investment Bank to reach an agreement formula that will satisfy both sides.

On his part, Mr Brunhuber thanked the Embassy for its efforts and its close follow-up with the European Investment Bank to reach a framework agreement, stating that the Ambassador of the European Union mission to Iraq had previously discussed the matter of signing a framework agreement with the Prime Minister of the Republic of Iraq and with the Ministry of Finance earlier this year, as the matter had been welcomed by the Iraqi government.

At the conclusion of the meeting, Dr Al-Rahim confirmed that the Iraq Mission to the European Union looks forward to holding meetings at the level of experts from the relevant Iraqi authorities and representatives of the European Investment Bank in the near future in the framework of implementing the partnership and cooperation agreement between Iraq and the European Union.