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Malaysia, Iraq to Enhance Bilateral Ties
Malaysia and Iraq held the Sixth Joint Commission meeting Wednesday, aimed at enhancing bilateral ties.
Speaking to reporters after the meeting, Malaysian Foreign Minister Syed Hamid Albar said the two sides focused on how to enhance economic and trade ties between them.
The Iraqi delegation was led by Industry and Minerals Minister Muyassar Rija Shlah.
Syed Hamid said Malaysia had agreed to the Iraqi request for the setting up of a vegetable oil factory in Iraq, a project which would be undertaken by an unnamed party from the private sector.
He said Baghdad would like Malaysia to provide training courses in the medical field apart from expressing interest to buy medicinal products from the country.
Furthermore, he said Iraq was keen to procure more Malaysian- made cars. He also urged Iraq to buy palm oil direct from Malaysia and not from third countries.
Syed Hamid said given that Baghdad had accorded Malaysia a " favored nation" status in trading, Malaysians should tap the various business opportunities in Iraq including in the field of infrastructure.
The minister said Baghdad was also keen on conducting counter- trading with Malaysia.
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