Toyota Iraq, the official and exclusive distributor for Toyota products in Iraq, held an important meeting with the Al-Nahrain Center for Strategic Studies on September 11, 2024, at 11:00 AM. The Al-Nahrain Center for Strategic Studies is a research institution affiliated with the National Security Council/National Security Advisory. The meeting aimed to strengthen cooperation between the private sector and government research institutions to enhance national interests.

The meeting was attended by representatives from Toyota Iraq, the Director-General of the center, and heads of various departments. The focus was on exploring ways to enhance cooperation between Toyota Iraq and Al-Nahrain Center, aiming to highlight the obstacles to trade and investment in Iraq and find effective solutions to address them. The discussions revolved around the importance of strategic research and studies in developing practical policies applicable in the transport sector, serving Iraq’s national security.

During the meeting, the Al-Nahrain Center for Strategic Studies expressed its support for the visions and ideas presented by Toyota Iraq that contribute to business development, attracting capital, and protecting investments in Iraq. The center also affirmed its readiness for future cooperation with the company to achieve common goals through additional meetings that allow stakeholders to discuss challenges and practical proposals to improve the business environment for the private sector in Iraq.

Toyota Iraq also presented written recommendations to amend the Commercial Agency Law No. 79 of 2017 and the regulations No. 1 of 2020, with the aim of enhancing the legal and regulatory framework for the commercial sector in Iraq. These amendments were discussed as part of joint efforts to improve the investment environment and stimulate economic growth in Iraq.

Toyota Iraq is committed to supporting national initiatives and contributing to the development of transport infrastructure in line with the country’s strategic goals. This reflects the company’s dedication to strengthening the partnership between the private sector and government entities, ensuring sustainable progress and prosperity for Iraq.

At the conclusion of the meeting, the importance of continuing dialogue and cooperation between the two parties was emphasized, along with developing joint projects and research that benefit national interests. It was agreed to hold future meetings to follow up on the implementation of proposed plans and achieve mutual goals.