The head of the Association of Iraqi Private Banks Wadih al-Hanalal said on Friday that the economic and banking relations between Iraq and Saudi Arabia strengthen the role of the private sector in the economic decision.
Al-Hantal said in an interview with Al-Arabiya television channel that “the Iraqi private sector should play a role in strengthening the new Iraqi-Saudi relations and activating joint coordination between the two brotherly countries through the formation of the Iraqi-Saudi Coordination Council.”
Al-Hantal pointed to “the necessity of joint action in the banking and industrial sector through the involvement of the private sector in official delegations and the taking and making of economic decisions, and to focus on the work of banking and industrial partnerships in order to develop relations that contribute to attracting investment and reconstruction of liberated cities.
He also called for “the development of inter-economic relations, praising the broad participation of Saudi companies in the 44th session of the Baghdad International Fair, in which 60 companies and 200 businessmen from all disciplines participated.”
