Iraq urges Saudis to invest in agricultural projects

Iraqi Agriculture Minister Falah Al-Lahibi speaking at a meeting with Saudi businessmen in Riyadh on Wednesday. To his right is Sami Al-Obaidi, vice chairman of the Council of Saudi Chambers. (AN photo)
Updated 20 July 2017
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Iraq urges Saudis to invest in agricultural projects

RIYADH: Iraq’s agriculture minister on Wednesday urged Saudi businessmen to invest in mutually beneficial agricultural projects in his country.
Falah Al-Lahibi was addressing members of the Council of Saudi Chambers (CSC) at a meeting chaired by its Vice Chairman Sami Al-Obaidi at the council’s headquarters in Riyadh.
Al-Lahibi, leading an Iraqi delegation, urged Saudi businessmen to learn about his country’s promising investment opportunities in the agricultural sector.
The meeting, attended by Iraqi Ambassador to the Kingdom Rushdi Al-Ani, discussed ways to strengthen bilateral economic and trade relations, and reviewed investment opportunities in both countries.
Al-Lahibi reviewed Iraq’s agricultural sector, its economic importance and its investment potential.
He said there are promising opportunities due to the availability of water, fertile land, expertise and labor, as well as the geographic proximity between the two countries. He added that investing in Iraq is now safe as security has stabilized.
Welcoming Al-Lahibi, Al-Obaidi expressed Saudi interest in investing in Iraq. He called for joint efforts to increase bilateral trade and investment in viable ventures in the agricultural sector, which is an important way to diversify sources of income in the Kingdom, in line with Vision 2030.


UN urged to end all forms of colonialism

The Kingdom’s delegate called on the UN to shoulder its responsibilities and compel Israel to comply with international resolutions and laws. (Shutterstock)
Updated 27 min 44 sec ago
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UN urged to end all forms of colonialism

  • Ambassador Abdallah Al-Mouallimi, stressed that since the establishment of the UN in 1945, Saudi Arabia has supported all people’s freedom and independence, and their right to self-determination and administration of their land and resources

Saudi Arabia has urged the UN to intensify its efforts to end all forms of colonialism, in accordance with its provisions of the UN Charter, and relevant General Assembly and Security Council resolutions.

The Kingdom also urged the relevant states to abide by international resolutions and work toward constructive and practical solutions through dialogue involving all parties in order to maintain security and peace and to establish stability and prosperity.

Addressing the special political and decolonization committee, the Kingdom’s permanent representative to the UN in New York, Ambassador Abdallah Al-Mouallimi, stressed that since the establishment of the UN in 1945, Saudi Arabia has supported all people’s freedom and independence, and their right to self-determination and administration of their land and resources.

Al-Mouallimi reiterated the right of the Palestinian people to the restoration of their legitimate rights, including to establish their independent state in accordance with the relevant international resolutions and the Arab Peace Initiative submitted by the Kingdom.

The Kingdom’s delegate called on the UN to shoulder its responsibilities and compel Israel to comply with international resolutions and laws, to end the occupation and complete withdrawal from the occupied Arab territories, including the Syrian Arab Golan and the Lebanese territories.