Saudi Arabia Strengthens Trade Relations With Iraq Through Baghdad's 47th International Exhibition

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JAKARTA - At the 47th Baghdad International Fair which took place from January 10-19, the Kingdom of Saudi Arabia ended its participation as an honorary guest and sponsor of diamonds. Saudi Arabia's main representative at this exhibition is the Saudi Export Development Authority (SEDA), along with the Saudi-Irak Coordinating Board.

More than 205,000 visitors flooded the Kingdom of Saudi pavilion, exploring a "Saudi House" fully built with Saudi-made products, as well as "Saudi Objects" featuring Saudi service products and technological innovations.

According to SEDA's Official Spokesperson, Thamer Al-Mashrafi, this participation reflects the historic, commercial, and economic relationship between the two countries. In an effort to increase access to their products and services to the Iraqi market, more than 75 agreements and memorandums of understanding were signed between Saudi and Iraqi companies during the exhibition.

Saudi participation in Baghdad's International Exhibition is recognized as one of the largest in the Iraqi Republic, involving 95 Saudi companies showing off its national products and services from various sectors. In addition, more than 500 Saudi products have entered Iraqi retail stores and digital platforms, increasing non-oil and gas exports between the two countries.

Thus, Saudi Arabia affirms its commitment to strengthening bilateral trade relations and supporting Saudi exporters in accessing Iraq's market as one of the most important regional markets.