Memorandum of cooperation between Al-Muthanna Chamber of Commerce and Al-Muthanna University / College of Engineering

The Federation of Iraqi Chambers of Commerce discusses with relevant authorities support for the commercial and investment sector and enhancing the business environment Muthanna - Media Office The delegation of the Federation of Iraqi Chambers of Commerce, headed by Mr. Duraid Hamoudi Al-Araji, Vice President of the Federation of Iraqi Chambers of Commerce and President of the Muthanna Chamber of Commerce, met today, Wednesday, at the government palace, to discuss the reality of the commercial and investment sector, the challenges facing merchants and business owners, and ways to enhance the economic environment and support commercial activity in the country. The meeting discussed a number of important economic files, most notably customs duties and the cost of fuel supplied to factories, and the impact of their high costs on the prices of goods and commodities offered in the markets, as well as the importance of separating government contracts from commercial contracts, in line with the nature of the services provided by the private sector to public entities. The meeting also discussed the importance of amending the Commercial Agencies Law, in a way that is compatible with the nature of the work of foreign agencies and companies operating in Iraq, in addition to examining ways to support the opening of the commercial port with the Kingdom of Saudi Arabia in Al-Muthanna Governorate, through legislative and parliamentary follow-up, in a way that contributes to enhancing commercial movement and opening new horizons for the private sector in the governorate. The delegation appreciated the government measures taken to support the commercial sector, including launching a window to finance small merchants, simplifying company registration procedures through the single window system, automating customs procedures, and activating the international land transport agreement, as well as supporting exporters and protecting Iraqi products. The delegation stressed that the population increase witnessed by Iraq requires work to activate factories, expand the activity of commercial agencies, and maximize revenues, which contributes to reducing dependence on rentier revenues, stressing the importance of supporting the industrial sector as the basic building block of commercial and economic activity, in order to achieve a better balance between revenues and expenditures and enhance the elements of sustainable economic development. The meeting took place in the presence of the Vice President of the Muthanna Chamber of Commerce, Mr. Atheer Abdel-Saheb Al-Hussaini, the Head of the Commercial Department, Mr. Haider Ali Hussein Al Shaheen, a member of the Chamber’s Board of Directors, Mr. Suhail Al-Khawam, and a member of the Chamber’s Board of Directors, Mr. Bashar Abdel-Sattar Sadiq.

Under the chairmanship of the Vice President of the Federation of Iraqi Chambers of Commerce.. The Board of Directors of the Muthanna Chamber of Commerce holds its regular meeting to discuss economic and regulatory files Muthanna - Media Office The Board of Directors of the Muthanna Chamber of Commerce held its periodic meeting headed by Mr. Duraid Hamoudi Al-Araji, Vice President of the Federation of Iraqi Chambers of Commerce and President of the Muthanna Chamber of Commerce, and in the presence of the Council members, to discuss a number of economic and regulatory files on the agenda. The meeting discussed ways to support the commercial sector and enhance the business environment in Muthanna Governorate, in addition to discussing mechanisms that contribute to developing the services provided to merchants and business owners, in a way that keeps pace with the requirements of the current stage and enhances economic activity in the governorate. The Council also reviewed a number of proposals and measures aimed at developing the institutional performance of the Chamber of Commerce, enhancing cooperation with relevant authorities, and supporting the process of economic development. During the meeting, Mr. Duraid Hamoudi Al-Araji confirmed that the Muthanna Chamber of Commerce continues to work according to an institutional vision that aims to enhance the role of the private sector, support merchants, and create a more effective investment and commercial environment, which will reflect positively on the economic development in the governorate. The meeting concluded by making a number of recommendations and decisions related to the files raised, and following up on their implementation in accordance with the approved legal and administrative frameworks. To follow the latest news and activities: https://mcc-iq.net/articles

The Federation of Iraqi Chambers of Commerce participates with an official delegation in the Arab-Brazilian Economic Forum in Sao Paulo. Al-Muthanna - Media Office With the aim of opening up to the commercial and economic environment at the regional and international levels, the delegation of the Federation of Iraqi Chambers of Commerce, headed by the Vice President of the Federation of Iraqi Chambers of Commerce and President of the Muthanna Chamber of Commerce, Mr. Duraid Hamoudi, and in the presence of the Head of the Commercial Department of the Muthanna Chamber of Commerce, Haider Ali Hussein Al-Shaheen, participated in the launch of the 2026 Arab-Brazilian Economic Forum, which was held in the city of Sao Paulo in Brazil. The forum is organized by the Arab-Brazilian Chamber of Commerce, in cooperation with the Union of Arab Chambers, and with broad participation from representatives of the Arab and Brazilian Chambers of Commerce, businessmen, and investors from Arab and foreign countries. Iraqi participation is of strategic importance given the distinguished economic status of Brazil, which represents the largest economy in Latin America and is classified among the ten largest economies globally. This reality opens broad horizons for developing trade and investment relations and promotes the building of effective partnerships between the Iraqi business community and its Brazilian counterpart. The delegation's participation comes in the context of the tireless efforts of the Federation of Iraqi Chambers of Commerce to strengthen economic and trade ties between Iraq and Brazil and expand the scope of cooperation between the Iraqi business community and its counterparts in Brazil and the Arab countries. This participation also aims to highlight the promising investment and commercial opportunities in Iraq and open new channels for Iraqi companies to communicate with Brazilian markets and companies. The forum provided a valuable opportunity to hold fruitful meetings and exchange views with chambers of commerce, business institutions and participating companies. Opportunities for cooperation were also discussed in multiple sectors of common interest, which contributes to increasing the volume of trade exchange, encouraging joint investments, and establishing direct partnerships between the Iraqi and Brazilian private sectors. This trend reflects the importance of participating in enhancing the presence of the Iraqi business community in international economic forums and forums and developing its relations with chambers and trade associations around the world, which supports the openness of the Iraqi economy and enhances its connection to global markets.