Ali Al-Zaydi, the Prime Minister of Iraq, in an interview with an Arabic newspaper, emphasized the importance of the security and stability of Iraq and Saudi Arabia as vital parts of the security equation in the Persian Gulf and regional stability. Al-Zaydi stated that Iraq, as an independent country, respects the sovereignty of other nations and expects others to respect its sovereignty as well.
Iraq's Role as a Bridge for Regional Communications
The Prime Minister of Iraq pointed out that the geographical position and the diversity of Iraq's international relations enable the country to act as a bridge for communication and a point for dialogue in the region. Al-Zaydi stressed that Iraq should not become a battleground for competition or conflict and must prevent becoming a platform for threatening neighboring countries.
Read more: Ismail Baqai: Regional countries must engage in realistic dialogue about the future of Gulf security
According to Al-Zaydi, through dialogue, Iraq can play a mediating role among regional powers. This requires a balanced approach in foreign relations and avoiding alignment with rival regional factions. The Prime Minister of Iraq emphasized the necessity of adopting a policy that keeps Iraq away from conflicts.
The Impact of Market Disruptions on the Regional Economy
Al-Zaydi referred to severe disruptions in markets, trade, and energy supply following the closure of the Strait of Hormuz, stating that these issues have caused serious damage to the economies of the region. He emphasized the need to diversify trade routes so that trade does not remain dependent on a single route or exceptional conditions.
In Al-Zaydi's opinion, the stability of Iraq remains the foundation for the success of any participation in the region. He stressed that investment requires a stable country, transparent laws, and capable institutions to protect rights and enforce contracts.
The Prime Minister of Iraq also introduced the fight against corruption, the facilitation of administrative processes, and the strengthening of the rule of law as essential requirements for attracting investment and enhancing economic independence. Al-Zaydi emphasized that these reforms are not only considered internal measures but are also necessary for attracting foreign investments.
Closer Relations between Baghdad and Riyadh
The Prime Minister of Iraq announced that Iraq and Saudi Arabia can establish a new phase of closer relations aimed at achieving partnership and joint planning. According to Al-Zaydi, the stability of relations between Baghdad and Riyadh is one of the fundamental pillars for achieving broader stability and greater convergence in the region.
Read more: Deadly Houthi attacks on Riyadh airport, flights halted · Mike Pompeo: Trump may negotiate with Iran to stop attacks on Saudi Arabia
