Baghdad and Beijing Strengthen Investment Ties

Iraq and China emphasize strengthening their partnership in the fields of investment and development, with the expansion of economic cooperation in energy, infrastructure, transportation, and modern technologies. The bilateral trade volume between the two countries exceeded $50 billion last year, and around 130 Chinese companies are operating in Iraq across various sectors. Future cooperation prospects include expanding construction and development projects, focusing on infrastructure development, the digital economy, and renewable energy, while reaffirming the historical ties and mutual understanding between the two nations.

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