Page 677 - MOE ENGLISH PR - APRIL 2024

4/22/24, 3:18 PM AD Ports Group sign agreement to develop Iraq’s Al-Faw Grand Port
with an aim to enhance overall efficiency and operational
capabilities.

This signing follows a memorandum of understanding inked by the
two parties in September 2021 and a subsequent addendum, signed

in August 2023, which sought to further enhance cooperation.

For his part, the UAE’s Minister of State for Foreign Trade, Thani

Al- Zeyoudi, said: “The agreement signed today between AD Ports

Group and the General Company for Ports of Iraq is in line with the
directives of our wise leadership toward strengthening economic ties

and increasing bilateral trade volumes between the two countries.”

He added: “In combination with associated agreements aimed

towards the establishment of mutual growth platforms for business

and private sectors, through exploring cooperation opportunities that
drive mutual benefit in key industries.”

https://www.arabnews.com/node/2487966/business-economy 3/3