Sudani: We have made significant progress in economic reform, and investments have reached $88 billion.

Prime Minister Mohammed Shia al-Sudani affirmed on Thursday that we have made significant progress in economic reform, with investments reaching $88 billion. Meanwhile, foreign companies have expressed their willingness to contribute to building a green economy, accessing clean fuels, and cooperating in transferring expertise to specialized personnel in Iraq .

Al-Sudani's office stated in a statement received by Mail that "Prime Minister Mohammed Shia al-Sudani received, today, Thursday, representatives of international companies participating in the International Conference on Carbon Economics, which was held over the past two days in the capital, Baghdad, in the presence of the Minister of Environment ."

The statement continued, "Al-Sudani congratulated the convening of the Carbon Economics Conference, the first of its kind in Iraq, and the resulting outcomes and ideas that support the government's efforts to invest in this field, in light of the climate challenges facing Iraq ."

Al-Sudani stressed that "the government has made significant progress in economic and financial reform and in creating an attractive environment for investors and global companies, with investments reaching approximately $88 billion ."

He added, "Iraq is rapidly moving toward a transition to clean and renewable energy, embodied by the government's establishment of the Carbon Economics Company, which has been granted the authority to contract with international companies to advance this new reality." He directed the Ministry of Environment and the Carbon Economics Company to "simplify procedures and move toward signing partnership contracts with companies, and move toward concrete action ."

For their part, company representatives expressed their interest in participating in the conference, stating that they were "there because of the developments Iraq has witnessed over the past two years, and that they will sign contracts and memoranda of understanding with Carbon Economics ."

They expressed their willingness to "contribute to building a green economy, accessing clean fuels, and cooperating in transferring expertise to specialized personnel in Iraq link