On 11/25/2023, the establishment of the Iraqi-Chinese Business Council was announced in the Iraqi capital, Baghdad, with the aim of promoting trade and investment between Iraqi and Chinese companies.

The announcement ceremony was attended by His Excellency the Iraqi Minister of Commerce, Mr. Atheer Al-Ghurairi, a number of members of the Iraqi Parliament, Chinese embassy staff, dozens of Iraqi and Chinese businessmen, 150 Iraqi companies and 55 Chinese companies, according to Haider Al-Rubaie, Chairman of the Iraqi-Chinese Business Council. A memorandum of understanding was also signed between the Iraqi-Chinese Business Council and the Chinese Chamber of Commerce

It was also announced at the ceremony that Mr. G. Al-Attar – Chairman of the Board of Directors of Al-Attar International Holding Group and a member of the Board of Directors of the Iraqi-Chinese Business Council