Egypt and Iraq signed 11 memorandums of understanding (MoUs) on Tuesday during the second session of the “Egyptian-Iraqi Joint High Committee”.
The meeting was witnessed by Egyptian Prime Minister Mostafa Madbouly and his Iraqi counterpart, Mohammed Shia’ Al Sudani.
The Egyptian Cabinet issued a statement, indicating that the MoUs signed include one in the field of small and medium enterprises (SMEs), between the Central Bank of Iraq and the Egyptian Micro, Small and Medium Enterprises Development Agency.
The two sides also inked an MoU for cooperation in the areas of diplomatic training and exchange of expertise, along with a third one in the field of administration, civil service, and public function.
Moreover, the two prime ministers witnessed the signing of two MoUs for cooperation in the fields of youth and sports, and another for mutual cooperation between the Iraqi Ministry of Labor and Social Affairs and the Egyptian Ministry of Social Solidarity.
There was also an agreement concerning labor matters between the labor ministries of both countries.
Additionally, the two sides penned an MoU for cooperation between the Iraqi Ministry of Planning and the Egyptian National Planning Institute, as well as an MoU in the field of expertise exchange between the Iraqi Ministry of Planning and the Egyptian Ministry of International Cooperation.
In a joint press conference with his Egyptian counterpart, Al Sudani said: “These memorandums and the record are a roadmap for the relationship between the two governments for the next stage, which comes as a translation of the serious will and desire of the leadership of the two countries to develop relations between Iraq and Egypt and open the field for economic and commercial cooperation.”
On his part, Madbouly stated that economic and trade relations between the two countries will witness a leap in the coming period, with the expansion of cooperation horizons.