Qatar and Iraq Council aim to strengthen trade and investment links between the two countries. Qatar Chamber and the Federation of Iraqi Chambers of Commerce signed an agreement on Wednesday. The agreement establishes a new joint business council for companies from both markets. The initiative could also create new opportunities for investors, entrepreneurs, and small businesses.
The signing took place during a bilateral business meeting in Doha. Senior representatives from both chambers attended the meeting alongside business leaders. Sheikh Khalifa bin Jassim bin Mohamed Al Thani chaired the discussions. Amer Khalaf Alawi also attended as president of the Iraqi chambers federation.
Mohamed bin Ahmed bin Twar Al Kuwari joined the meeting as Qatar Chamber’s first vice chairman. Dr Mohamed bin Jawhar Al Mohammed also participated in the discussions. Meanwhile, representatives examined ways to improve business communication between Qatar and Iraq. They also discussed areas where companies could expand cooperation.
The new council will support stronger economic ties between the two countries. In addition, it will help businesses build direct relationships across both markets. The agreement also places attention on small and medium-sized enterprises. These companies could gain new opportunities through stronger cross-border cooperation.
Furthermore, the council could encourage businesses to explore investment projects in Iraq. Qatar-based companies may find opportunities across several growing economic sectors. Iraqi companies could also gain greater access to Qatari business networks. Therefore, the initiative could support broader private-sector cooperation over time.
The meeting also examined major opportunities connected with Iraq’s Development Road project. Officials reviewed around 60 potential investment opportunities linked to the project. The combined value of those opportunities stands at an estimated $250 billion. Consequently, the discussions highlighted the scale of potential cooperation between investors.
The Development Road project covers several important areas of Iraq’s economy. These areas include transport, logistics, manufacturing, and economic zones. The project also creates opportunities across energy and utilities. Moreover, mining and oil and gas could attract additional investment.
Agriculture represents another sector discussed during the meeting. Information and communications technology could also offer opportunities for cooperation. Real estate and tourism may provide further areas for private-sector investment. Together, these sectors give businesses several potential routes into the Iraqi market.
The business council could also improve communication between companies and entrepreneurs. Regular engagement may help businesses identify projects and potential partnerships more efficiently. In turn, stronger relationships could encourage companies to explore joint ventures. Such cooperation could support trade growth and investment activity.
Qatar and Iraq already maintain economic ties across several sectors. However, the new council provides a formal structure for expanding those relationships. It could help companies exchange information about projects, markets, and investment conditions. Additionally, it could create a stronger platform for private-sector discussions.
The initiative comes as Iraq seeks greater investment across infrastructure and productive industries. At the same time, Qatar continues to support international business and investment connections. Therefore, closer cooperation could benefit companies seeking new regional opportunities. The council may also help connect investors with projects requiring international expertise.
Qatar-Iraq Council discussions could eventually lead to more partnerships between companies. The reviewed opportunities offer a broad foundation for future commercial cooperation. Transport and logistics could become important areas as regional trade expands. Meanwhile, energy, manufacturing, technology, and tourism could support wider economic activity.
The $250 billion opportunity pipeline also highlights Iraq’s investment potential. However, individual projects will depend on financing, approvals, and commercial feasibility. Businesses will likely assess each opportunity according to market conditions and project requirements. As a result, the new council can help improve access to relevant information.
The agreement marks a new step in formal business cooperation between Qatar and Iraq. It brings representatives from both countries closer to a shared investment platform. The council could strengthen private-sector communication while supporting new commercial relationships. Ultimately, stronger cooperation may create additional opportunities across both economies.
