Qatar Chamber, Iraq Chamber Federation sign MoU to establish Joint Business Council
The Qatar Chamber (QC) and the Federation of Iraqi Chambers of Commerce (FCCI) signed a Memorandum of Understanding (MoU) to establish the Qatar-Iraq Joint Business Council.The MoU also aims to expand...
Qatar Chamber and the Federation of Iraqi Chambers of Commerce have signed a Memorandum of Understanding to establish a Joint Business Council. This collaboration aims to improve communication among institutions and entrepreneurs in both countries, strengthen economic ties, and foster cooperation in the SME sector. During a meeting between the Qatar Chamber Chairman and the FCCI President, discussions centered on expanding economic and trade relations, with an emphasis on the potential of Iraq's dynamic economy for Qatari investors.
The partnership will explore joint investment projects, bilateral business collaborations, and the development of the Iraqi Development Road, a $250 billion project across various sectors such as transport, manufacturing, energy, and tourism. The Qatar Chamber Chairman emphasized the importance of private-sector cooperation in driving these initiatives and highlighted the historical and fraternal ties between the two nations.
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