KSA Participates in 47th Edition of Baghdad International Fair
The Kingdom of Saudi Arabia has commenced its participation in the 47th edition of the Baghdad International Fair, sponsored by the Saudi Exports Development Authority in partnership with the Saudi-Iraqi Coordination Council. The event is taking place in the capital, Baghdad, from January 10 to January 19, 2024.
Strengthening Bilateral Relations:
Saudi Arabia’s participation in the Baghdad International Fair aims to fortify ties between the two nations. Focusing on both governmental and popular levels, the involvement seeks to enhance trade exchanges, foster opportunities for increased exports, and present viable investment prospects. This reflects the Kingdom’s commitment to deepening its relationship with Iraq.
Symbolic Theme “Jirah and Deirah”:
The chosen theme, “Jirah and Deirah,” underscores Saudi Arabia’s commitment to strengthening historical and fraternal ties with Iraq. As the “Guest of Honor,” the pavilion showcases seven governmental entities and 95 Saudi companies in key export sectors. This theme serves as a symbol of the enduring connections between the two nations.
Positive Iraqi Response:
Saudi Arabia’s participation has garnered positive responses from both the Iraqi government and the public. This highlights the profound historical and fraternal bonds shared between the two countries. The Kingdom’s engagement signifies its dedication to reinforcing these ties for mutual benefit.
Economic and Trade Opportunities:
The Baghdad International Fair 2024 presents a significant opportunity to boost economic and trade relations between Saudi Arabia and Iraq. The Kingdom’s extensive participation, including diamond sponsorship, demonstrates its keen interest in fostering economic ties and facilitating increased trade between the two nations.
Cultural Exchange Objectives:
Saudi Arabia’s goal in participating is to activate cultural communication with Iraq. Through the showcase of popular arts and historical museums, the Kingdom aims to deepen understanding and appreciation, aligning with leadership efforts to elevate relations to a strategic partnership.
Ongoing Coordination Council Initiatives:
Outputs from the Saudi-Iraqi Coordination Council receive continuous attention from Crown Prince Mohammed bin Salman. The council oversees sustainable mechanisms for developing fraternal relations in various fields, emphasizing the enduring commitment to cooperation.
Geopolitical Strategic Collaboration:
Leveraging their strategic geographical locations, Saudi Arabia and Iraq aim to develop partnerships in transportation. The Kingdom’s support for Iraq’s human resource development efforts aligns with the mutual goal of reinforcing economic, trade, and investment cooperation.
Sector-specific Collaboration:
Collaboration extends to renewable energy, petrochemicals, petroleum, and gas projects. The regular resumption of flights between the two nations contributes to economic relationship enhancement, facilitating trade, and easing mobility for individuals, families, investors, and businessmen. This collaborative effort reflects the commitment to mutual growth and prosperity.
