وزير التجارة العراقي لـ CNBC عربية:  أكبر الدول التي تتصدر التبادل التجاري مع العراق هي تركيا وإيران - video Dailymotion

CNBCArabia

Watch وزير التجارة العراقي لـ CNBC عربية:  أكبر الدول التي تتصدر التبادل التجاري مع العراق هي تركيا وإيران - CNBCArabia on Dailymotion

Transcript

00:00 Our guest today is Mr. Thir Dawood Al-Ghreeli, the Iraqi Minister of Trade.

00:05 Mr. Thir, welcome to CNBC Arab.

00:08 Thank you.

00:09 Let's start with the performance of Iraqi trade in 2023.

00:14 We know that Iraq is a country that exports oil.

00:18 Tell us about the size of the trade and exports.

00:23 Thank you.

00:26 After the establishment of this government,

00:30 a government program was put in place with ambitious plans

00:34 to increase and increase interest in non-oil exports and not oil.

00:39 The world is now facing the need to gradually give up on fossil fuels.

00:44 Iraq has imposed economic reforms and has raised them to the parliament

00:50 to be adopted as economic legislation reforms.

00:54 This is the first.

00:56 The second is the opening of relations with all the Arab countries.

01:04 The signing of important joint committees and agreements.

01:08 During the past year, more than 12 to 13 joint committees were signed

01:14 between many countries.

01:17 This is a legal framework to increase understanding

01:20 and open the borders of cooperation in various sectors.

01:23 The first is the establishment of a government

01:26 that is very concerned about the private sector

01:29 and that the private sector is the basis and pillar of the economy.

01:36 The second is the government to support the industrial sector

01:42 to gradually return to the Iraqi industries that it was a pioneer in.

01:46 In our real website, non-oil Iraqi industries

01:53 have started to grow and enter the markets.

02:00 We are currently saying to the neighboring countries.

02:03 The size of the Iraqi industries at the moment and non-oil industries,

02:07 what is the target in 2014?

02:10 We said at the beginning that we need some industries

02:16 that have reached the stage of self-sufficiency and then the stage of export.

02:20 Iraq has been an exceptional period.

02:24 We try through our relations with many countries

02:29 to reduce obstacles and difficulties in achieving our business, and vice versa.

02:34 Increasing trade exchange and also the interest in geographical distribution

02:38 and the variety of products.

02:41 Because Iraq is currently suffering from a lack of balance in the production structure

02:51 of imports, depending on countries and not on other countries.

02:55 And we should not take advantage of this as an economic diplomacy.

02:58 We see that the trade between Iraq and other countries reaches more than 10 billion dollars.

03:05 And with other countries, it is a strong economy,

03:09 it does not exceed a billion or less than a billion.

03:12 Which are the biggest countries that you trade with?

03:16 The biggest trade is with Turkey and Iran.

03:19 Although there are many countries that are actually an opponent to Iraq,

03:24 they are capable and their weapons are very advanced.

03:30 And the Iraqi market is very interested in these weapons.

03:38 But there are obstacles that were placed through random decisions.

03:43 Through the programs and plans that were put,

03:48 gradually began through the signing of the memorandums of understanding,

03:52 and the joint committees, and also the direct evidence of obstacles

03:56 and the contract of the business councils between these countries.

03:59 Let me ask you, as you are talking about cooperation with Arab countries and neighboring countries.

04:04 Maybe there is an agreement to export electricity from Egypt, then Lebanon and Iraq,

04:10 and what are the details of this agreement to export electricity?

04:13 I do not have the details of the agreement, but we are serious and we started with the final steps

04:18 between Iraq, Jordan and Egypt.

04:20 These cooperatives are working.

04:23 This is one level of cooperation.

04:26 The cooperation on the two fronts has been opened.

04:29 Iraq is a big market today.

04:32 Many countries invited us and there were positive results during the Baghdad exhibition.

04:38 More than 520 agreements were signed and the memorandum of understanding was signed.

04:46 This is the beginning.

04:48 After sending Iraq positive messages,

04:51 the real stability that Iraq is currently experiencing,

04:56 economic reform and improving the working environment,

04:59 are messages that will encourage the capital and investors to enter the Iraqi market.

05:04 You were at the Baghdad exhibition.

05:06 You talked about wheat and what Iraq needs from wheat in the coming period or in 2024.

05:13 Tell us more about this and about the import of wheat expected in 2024.

05:19 The import of wheat is due to the size of the production of this strategic product.

05:27 But we say that Iraq in the past year has achieved self-sufficiency and has increased.

05:34 We hope and expect that the production of wheat this year will be the same or more.

05:43 Iraq has suffered a great loss in the past years and is compensated through imports.

05:51 Australia, Canada and the United States.

05:55 But in the past year we have never had to import.

05:58 At the beginning of the government's formation, yes, we had to cut the loss.

06:02 Until now, the strategic wheat has been secured and food security for this important product

06:07 and also for the rest of the basic products.

06:10 This is enough for more than six months.

06:13 What is the size of production in Iraq in general?

06:17 It has reached 5,250,000.

06:20 The target of Fandem in 2024 is the level of Iraqi trade in general.

06:27 What is the target? Tell us more about the target.

06:30 The target is a real plan.

06:33 We cannot measure it with numbers, but at the level of domestic and foreign trade,

06:40 we have set targets to be distributed and changed.

06:46 There will be a change in the distribution of products and also in the geographical focus.

06:56 Because our estimation of the future plans is negative.

07:05 We are working to have a real geographical distribution that serves Iraq and the countries it deals with.

07:13 How did the red sea floods affect Iraqi trade, both at the level of imports and exports?

07:20 It did not affect, but it affected the prices.

07:26 For us, Iraq did not affect because our plans are to support the currency and to provide the basic materials

07:36 for high consumption by the Iraqi citizens.

07:43 The Iraqi currency is distributed by the government.

07:50 Many countries suffered from the prices because of this and other reasons.

07:57 Iraq did not suffer from the prices because of the real plans.

08:02 The first target of the Ministry of Trade was to achieve food security.

08:08 We have taken precautionary measures to secure the Red Sea and other basic materials.

08:15 We were in a position to prevent the flooding through the government's measures.

08:20 [ Foreign Language Spoken ]

وزير التجارة العراقي لـ CNBC عربية: أكبر الدول التي تتصدر التبادل التجاري مع العراق هي تركيا وإيران

Category

Transcript

Recommended