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Iraqi parliament endorses investment deal with Kuwait
December 1, 2014, 9:07 am

The Iraqi parliament ratified Sunday an agreement with the State of Kuwait on encouragement and protection of joint investments, a move that would further promote economic cooperation between the neighboring countries.

The agreement "will encourage individual labor and trade initiative," the speakership said in a statement following the endorsement of the deal.

The Iraqi government had approved the draft agreement last March. The deal was signed last December 16.

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