Egypt, Iraq discuss reconstruction program for oil exchange

Egypt’s Minister of International Cooperation Rania al-Mashat met with Iraq’s Minister of Planning Khaled Battal on Friday to discuss topics such as Egypt contributing to Iraq’s reconstruction program in exchange for oi and contracting companies into the Iraqi market.

They also discussed sharing Egypt’s expertise in social housing and the establishment of joint companies for chemical industries.

This came about during Mashat’s welcoming of Iraq’s delegation to Egypt, headed by Battal.

The meeting discussed the joint Egyptian-Iraqi High Committee held at the end of October, alongside implementing a memorandum of understanding that had been signed there.

Battal explained that Iraq seeks to strengthen cooperation with Egypt regarding social housing and the construction and maintenance of Iraq’s roads alongside supporting research in growing grains and textile crops, supporting small and medium enterprises and investing in infrastructure.