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Establishing an Iraqi-Saudi fund to enhance cooperation and investment

Baghdad-ALsharqiya, April 1: Iraq and Saudi Arabia issued a joint statement after Prime Minister Mustafa Al-Kazemi's visit to the Kingdom of Saudi Arabia, stressing the two sides' agreement to establish a joint Iraqi-Saudi fund and to enhance investment and the need to complete the electrical connection and cooperation in the energy field. The Iraqi Prime Minister Mustafa Al-Kazemi held talks with Saudi Crown Prince Mohammed bin Salman in the capital, Riyadh, at the start of the first official visit to the Kingdom, which came in response to an official invitation from Saudi King Salman bin Abdulaziz. During the meeting, which was held at Al-Yamamah Palace in Riyadh, they discussed bilateral relations between the two countries and the promotion of means of joint cooperation in the fields of economy, energy, security, investment and common borders. Al-Kazemi stressed during the meeting with Prince Mohammed bin Salman the importance of the role of Iraq in the region in a way that serves its stability and the Kingdom's support for Iraq in all fields, and the activation of the Saudi Investment Fund was discussed. Saudi Crown Prince Mohammed bin Salman was at the forefront of my receiver Al-Kazemi upon his arrival at King Khalid International Airport, where an official welcoming ceremony was held.

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