The Japanese Ambassador to Iraq, Futoshi Matsumoto, held a meeting with the Prime Minister of Iraq, Mohammed Al-Sudani, to discuss strategies to promote private sector investment in Iraq. The meeting was also attended by representatives from leading Japanese companies operating in the country, including Sumitomo Corporation, Toyota Iraq, and Sardar Group.
Ambassador Matsumoto emphasized the crucial role of private sector investment in Iraq and pointed to Toyota Iraq as a model for other companies to follow. During the meeting, the attendees discussed potential initiatives to encourage more private sector investment in Iraq and to strengthen economic ties between the two countries.
The meeting concluded with a pledge from all parties to collaborate on promoting further private sector investment in Iraq. This will undoubtedly boost the country’s economic development and stability, particularly in the wake of the pandemic and other crises. Such efforts are crucial in supporting Iraq’s efforts to attract foreign investment and stimulate economic growth.
This meeting highlights Japan’s commitment to supporting Iraq in its efforts to attract foreign investment and strengthen its economy. By encouraging private sector investment, Japan hopes to not only boost economic development in Iraq but also enhance its own economic ties with the country.
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