Baghdad trade fair strengthens Saudi-Iraqi economic ties

The Iraqi and the Saudi oil ministers Jabar al-Luaibi and Khalid al-Falih open the Baghdad International Exhibition in Baghdad on October 21, 2017. (REUTERS/Khalid al-Mousily)
Updated 22 October 2017
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Baghdad trade fair strengthens Saudi-Iraqi economic ties

JEDDAH: Saudi Arabia showcased its strong participation at the 44th Baghdad International Fair on Saturday.
Saudi Energy Minister Khalid Al-Falih and Iraqi Trade Minister Salman Al-Jumaili were among prominent figures at the inauguration of the fair running from Oct. 21 to 30 in which 18 countries and 400 local and international companies are taking part.
Al-Jumaili said that the launch of the fair coincides with the complete liberation of many Iraqi areas. “This is a clear and true message that Iraq is ready to cooperate in the fields of investment and reconstruction and is capable of fighting and combating terrorism and strengthening its relationships through real and constructive partnerships,” he said.
Al-Falih said over 60 Saudi companies are taking part in the fair which highlights the high level of Saudi participation.
He stressed “the strong cultural and economic historical bonds” between the two countries.
Saudi Exports Development Authority (SEDA) Secretary-General Saleh Al-Salami said Saudi participation emphasized the political and economic openness between the two countries.
In a separate development, US Secretary of State Rex Tillerson arrived in Riyadh on Saturday to attend a landmark meeting between officials from Saudi Arabia and Iraq aimed at improving relations between the two countries and countering Iran’s growing regional influence.
Improved relations between the two countries led to Saudi Arabian Airlines (Saudia) announcing its first flight to Baghdad on Oct. 30, according to Sabq.
This will be the first flight after 27 years of interruption.
On Wednesday, Saudi budget airline, Flynas, made a similar flight from the Kingdom to Iraq.


Gaza fuel running short after Israel closes borders amid Iran war

Updated 2 sec ago
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Gaza fuel running short after Israel closes borders amid Iran war

CAIRO/JERUSALEM: Gaza is rapidly running out of its limited fuel supply and stocks of food staples may become tight, officials say, after Israel blocked the ​entry of fuel and goods into the war-shattered territory, citing fighting with Iran.
Israel’s military closed all Gaza border crossings on Saturday after announcing air strikes on Iran carried out jointly with the United States. Israeli authorities say the crossings cannot be operated safely during war and have not said how long they would be shut.
Few days’ worth of supplies
Gaza is wholly ‌dependent on fuel ‌brought in by trucks from Israel ​and ‌Egypt ⁠and a ​lack ⁠of fresh supplies would put hospital operations at risk and threaten water and sanitation services, local officials say. Most Palestinians in Gaza are internally displaced after Israel’s two-year war with Hamas militants.
“I expect we have maybe a couple of days’ running time,” said United Nations official Karuna Herrmann, who directs fuel distribution in Gaza.
Amjad ⁠Al-Shawa, a Palestinian aid leader in Gaza, ‌who works with the UN and NGOs, ‌estimated fuel supplies could last three or ​four days, while stocks ‌of vegetables, flour, and other essentials could also soon run out ‌if the crossings remain shut.
Reuters was unable to independently verify those estimates.
Israel’s COGAT military agency, which controls access to Gaza, said that enough food had been delivered to the territory since the start of ‌an October truce to provide for the population.
“(The) existing stock is expected to suffice for ⁠an extended period,” ⁠COGAT said, without elaborating. It declined to comment on potential fuel shortages.
The truce was part of broader US-backed plan to end the war that involves reopening the Rafah border crossing with Egypt, increasing the flow of aid into the enclave, and rebuilding it.
Hamada Abu Laila, a displaced Palestinian in Gaza, said the closures were stoking fear of a return of famine, which gripped parts of the enclave last year after Israel blocked aid deliveries for 11 weeks.
“Why is it our fault, in ​Gaza, with regional wars ​between Israel, Iran, and America? It is not our fault,” Abu Laila said.