Establishment of the Iraqi Chamber - German exports and investments

Establishment of the Iraqi Chamber - German exports and investments

 

05/02/2017 0:00

To open the prospects for real cooperation and meaningful economic
Baghdad / Hussein Tgb  in
order to raise the level of economic cooperation between Iraq and Germany announced in Baghdad earlier this week the establishment of the Iraqi - German Chamber of exports and investments that are looking to hire a German effort specific to the national economy and the development of productive and service sectors service, the time that you know it companies German Palmttorh and commitment to gender, effort and achievement within the periods of assignment.
Foundation ceremony specialist opened economic affairs Adham pottery , which stressed the importance to be Iraq 's starting centers organize work with different countries of the world and in particular the economic blocs task, pointing out that the room developed will have a prominent role in activating economic cooperation with Germany , where linking the two countries , strong economic ties . A suitable partner  , President of the Chamber in charge d. Alaa Abdul - Sahib Al - Nouri said that the establishment of the Iraqi - German Chamber of exports and investment complements the efforts of the Iraqi Chamber of Commerce and Industry German in Germany, pointing to the presence of investors , Germans have a great desire to work in Iraq and are looking for a suitable partner to establish a joint business verification beneficial to both ends of the work. The development of technical and pointed out that the room is looking to expand the scope of coordination and mutual understanding and cooperation between the two countries and in all sectors of the economy and the size of the level of technical development witnessed in Germany and Iraq possessed large resources can be invested to achieve substantial benefits for both countries. Germany was after 2003 decided to exempt Iraq from paying previous debts up Akiemha 7, 4 billion euros in the framework of the Paris Club, and continued support of the United Nations and international organizations operating in Iraq projects. The merger partnership Nouri said the project room  includes cooperation and partnership and integrated economic investment equal  between the two sides contributes to the opening prospects  of new in the field of exports and mutual investments, pointing out that efforts aimed at raising employment rates through economically feasible projects, as we look forward to raising the technical side of our resources human through direct contact with German companies, especially the experience  of friendly side , large and sophisticated  , which provides our expertise with new knowledge. The training sector concerned with Germany , with the support of the Iraqi vocational training sector permanently where he introduced more than 2,500 trainees from judges, engineers and diplomats courses developmental, and Germany provided a loan of 550 million euros in cooperation with the Government Development Bank KFW interest rate of 4.4 percent repaid over 15 years and exempt the first 5 years of interest to support the government to rehabilitate the infrastructure and re - displaced. Achieves benefit Union of Chambers of Commerce adviser Abdullah al - Bandar said that the opening of new horizons for cooperation with such countries possess sophisticated technology that will develop commercial and industrial culture and methods of work in all sectors, indicating that the interleave relationship with Germany to achieve beneficial and supports the economic development process sought by Iraq, The rise potential domestic private sector. Effective economies and stressed that Germany is one of the actors economies in the world and the index growth movement continues to increase and achieve significant financial returns, and in all cases can be achieved benefit the national economy, in the possession of Germany 's leading companies in many jurisdictions can Achtosmarha to serve Iraq economically. Relationship with a solid chamber 's board member David Chemo between that Iraq has many job opportunities could lead to cooperation between the two sides, especially that many German companies have a desire to cooperate with Iraq, pointing out that the Iraqi market welcomes the German effort for the existence of a strong relationship between the two parties since decades. Step by opening up specialized in economic affairs Amal Hussein Majid said that Iraq  is characterized by the availability of job opportunities in all production and service sectors  and step opening up to the world  outside the important economic blocs require that we work towards providing an attractive investment environment for global effort Almttor..d added that it requires to join together the efforts of all stakeholders in the public and private sectors , indicating the importance of reducing the routine loops in the granting of investment, and must stand concerned when the investment Law No. 13 year 2006 and its amendments.


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