Oil Minister to his Indian counterpart: Iraq recognizes the five-year development plan

, while stressing the need to develop relations with India in all fields, especially oil and energy.

“There is a need to develop cooperation between the two countries in all fields, especially in ​​energy, agriculture, industries, petrochemicals and fertilizers fields in addition to medicine , education , trade and oil refineries fields noting that Iraq has historical relations with India,” Laeebi said in a statement received by “Shafaq News” during the opening the Iraqi -Indian joint committee by its presidency and his Indian counterpart, Fera Moyeli.

“Iraq emerge from Chapter VII granted the opportunity to develop economic relations with the countries of the world, especially the Council of Ministers that approved a development plan for the next five years and allocated 500 billion dinars for it,” he said.

From his part, the Indian Minister of Energy who was accompanied by a number of representatives of the government and investment companies said that “we have a political will to develop our relationship with an ancient country like Iraq, and we are working to make up for missed time in this area”.

Prime Minister , Nuri al-Maliki met on Saturday, the Indian Minister of Energy as the latter said that we are currently working on the establishment of a fertilizer plant in addition to the oil refinery that will be create established as soon as possible. "