Economist: Working With China's Economic Agreements Will Reflect Positively On The Nature Of Business In Iraq

Baghdad / NINA / - The expert in economic affairs, Malath Al-Amin, affirmed: "Working with China's economic agreements will reflect positively on the nature of business in Iraq," noting: "The Arab-Chinese summit will contribute to introducing Chinese expertise to Arab countries." Al-Amin said in a statement to the National Iraqi News Agency (NINA): "Iraq has good relations with China, whether commercial, industrial or political, and we have many projects carried out by Chinese companies that have proven their ability to commit to implementation according to the timetables prepared and with the required specifications." He added: "China has proven that it is the second economic power that is qualified to surpass the first economic power (America + Europe) by relying on the abundance of manpower, natural resources, and the accelerated ability to invent and explore. Therefore, developing countries wishing to liberate themselves from Western domination and investment companies found in the Chinese dragon a means of salvation, because of the services provided by Chinese companies and their desire to transfer technology and successful experiences to third world countries. With regard to Iraq, the economist stressed: "Iraq has many agreements for economic and technological cooperation, as China - in agreement with the Iraqi government - has implemented several courses for Iraqis of various skills and disciplines to develop their information and shorten effort and time during work, and this matter will reflect positively on the nature of business in Iraq." He pointed out that "the final statement issued by the Arab-Chinese summit held in Riyadh a few days ago stressed the advancement of cooperation between the Arabs and Beijing to broader horizons, with an emphasis on maintaining the international system based on international law and multilateral action, and strengthening the strategic partnership between the Arab countries and China. He continued, "Iraq's relationship with China has witnessed a great development, but that does not prevent Iraq from continuing its relations in strategic partnerships with the countries of the world and the need for balance between them to achieve common benefits and interests between the two parties."/ End