Iraqi PM confirms to G7 its seriousness of economic reforms

Source: Xinhua| 2018-01-30 04:30:48|Editor: yan
Video PlayerClose

BAGHDAD, Jan. 29 (Xinhua) -- Prime Minister Haider al-Abadi Monday told the ambassadors of the Group of Seven (G7) countries that the Iraqi government is serious about economic reform in the country.

A statement by his office said that Abadi "held a meeting in his office this evening, with the ambassadors of the G7 group, EU ambassador and the representatives of the World Bank and the United Nations Development Program (UNDP)."

It said the meeting "discussed strengthening relations with the G7 countries and supporting Iraq in all fields, in addition to stressing that Iraq is taking correct steps in the reform process and the development of its capabilities."

The Iraqi government is "serious in its continuous work in the economic reform of the country," Abadi said, adding "Iraq is currently working with the World Economic Forum to coordinate for a mini-Davos conference in Iraq."

Abadi also stressed the importance of accelerating steps that would "stimulate the Iraqi economy," creating jobs and removing all obstacles to investment in the country after the recent victory over Islamic State (IS) militant group, according to the statement.

The two sides asserted the importance of working towards the success of the Kuwait conference next month, and attracting investments and economic integration in the region, the statement pointed out.

The ambassadors and the envoys expressed their support for the economic reform programs in Iraq and welcomed steps taken by the Iraqi government to attract international expertise and companies to invest in various sectors in the country.

The meeting came as the two sides are preparing to participate in Kuwait international conference for reconstruction of Iraq, which is due to be held on Feb. 12-14 in Kuwait.

The G7 states are the seven largest advanced economies in the world. The group consists of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.