Saudi Arabia’s minister of energy, industry and mineral wealth, Khalid bin Abdul Aziz al-Faleh, said on Monday that local markets in his country wanted local products.
This came his meeting with his accompanying delegation with Iraqi Prime Minister Haider al-Abbadi, Prime Minister’s Office in Baghdad today, according to a statement issued by the Iraqi government.
“During the meeting, bilateral cooperation between the two countries was discussed in the fields of oil, industry, petrochemicals, electricity, minerals, trade and banking,” the statement said.
Cooperation was discussed to support OPEC oil prices, the statement said.
“Abadi stressed the importance of expanding bilateral cooperation at a steady pace for the benefit of the two countries,” the statement said, adding that “cooperation between the countries of the region will lead to a comprehensive renaissance benefiting all.”
The statement added that al-Faleh “conveyed the greetings of the King of Saudi Arabia and officials in the Kingdom and their blessing for the achievement of Iraq’s victories, pointing to the importance of Iraq’s role in the region and the steps taken in all areas.”
The statement concluded that Al-Faleh “expressed the readiness of Saudi companies to cooperate and invest in Iraq and the desire of the Saudi market to obtain Iraqi products.”

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