BAGHDAD (Sputnik) — Earlier in the day, Iraq's Prime Minister Haider Abadi arrived to China, where he had meetings with President Xi Jinping and Premier of the State Council Li Keqiang.
The first bilateral memorandum signed by Abadi during his visit is connected with Iraq's participation in Beijing's One Belt, One Road initiative, aiming to redirect China's domestic economic potential and investments for development of international infrastructure projects in Eurasia and Africa.
The initiative consists of two components, the land-based Silk Road Economic Belt from Asia via the Middle East to Europe and Maritime Silk Road connecting China’s port facilities with the east African coast, leading to Europe via the Red Sea and the Mediterranean.
The second memorandum signed by Iraq and China covers economic cooperation and technologies exchange, the press statement said.
The third and fourth signed agreements are devoted to energy and military cooperation respectively.
The fifth agreement is set to abolish a visa regime between Iraq and China for travelers with diplomatic passports.
