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Iraqi Encourages French Companies to Invest

Both Sides Expressed Hopes for Major Cooperation in all Sectors, Including Oil, Industrial, Agricultural, Commercial, Transportation, and Housing.

Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has hosted a meeting in Baghdad with the French Minister of State for Foreign Trade, Jean-Baptiste Lemoyne, confirming the significance of the economic and financial relations between the two countries.

Both sides expressed hopes for major cooperation in all sectors, including oil, industrial, agricultural, commercial, transportation, and housing.

Mr. Lemoyne said that he saw a keenness from the Iraqi side to encourage and invite the French companies to invest in Iraq.

Source: Office of the Iraqi Prime Minister

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