Economic Event: Meeting of the Iraqi Water Resources Minister Engineer Mehdi Rasheed Al-Hamdani With the President of the Iraqi Business Council Dr. Majid Al-Saadi

His Excellency the Iraqi Minister of Water Resources, Engineer Mehdi Rasheed Al-Hamdani, met the President of the Iraqi Business Council, Dr. Majid Al-Sadi, in his offices in the Ministry of Water Resources in Baghdad.

During the meeting, the two sides discussed a number of possible solutions, with the help of the private sector, to ration the usage of water and also ration the operations of water sprinkling and irrigation using modern systems and transferring waters of several lakes to the Tigris River to raise the level.

For his part, Dr. Al- Sadi expressed the Council’s readiness to cooperate in supporting projects of the Ministry of Water Resources.

During the meeting, Mr. Al-Hamdani stressed the Ministry’s keenness to work on adopting modern irrigation techniques to reduce losses and increase agricultural yields, indicating that the Ministry works on delivering water quotas to all beneficiaries under the current conditions of water scarcity and climate change.

The meeting was attended by the Ministry’s Administrative Undersecretary, Mr. Raed Abed Zaid Al-Jashaamy.

 

The idea of establishing the Iraqi Business Council is based on the common desire generated by a number of elites. Those who are Iraqi investors and businessmen on the territory of the Hashemite Kingdom of Jordan unanimous in the importance of creating economic reference for them, as well as for those who wish to join them in order to maximize Iraq’s investment in Jordan, as well as to contribute actively to Iraq’s construction and reconstruction.

The one who carried out the mission of founding is an elite of Iraqi businessmen of recognized competence and abilities.

and since the Council’s inception in late 2006, members have worked towards efforts to support Iraqi investments in Jordan.

as well as coordination and cooperation with official entities, to find solutions and proposals to overcome obstacles and constraints facing investors s economic, investment and trade cooperation between Jordan and Iraq.