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Iraq’s industry ministry signs 3 MoUs with France
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28 February 2010
Iraq and France signed three memorandums of understanding (MoUs), one of them would be to assemble Renault vehicles in Iraq, according to a press release by the industry & minerals ministry on Saturday.
"Iraqi Minister of Industry Fawzi al-Hariri and his French counterpart Christian Estrosi co-inaugurated a French businessmen center in Baghdad, which encompasses a residential building, which was welcomed by Minister Hariri," read the release as received by Aswat al-Iraq news agency.
"This only stresses France's support for and belief in the new Iraq and its fledgling democratization in light of the strong strategic relations binding the two countries," the release quoted Hariri as saying.
"The visit lends great support for Iraq and would encourage other European countries to follow suit and contribute to its rebuilding," said the Iraqi minister.
He added that the French development agency AFD would launch preferential loans for projects in key sectors in the country.
© Aswat Aliraq 2010
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