Britain: a good time for economic openness to Iraq

Britain: a good time for economic openness to Iraq



7/10/2017 1:40

Baghdad / morning the
whole of Iraq and Britain on the importance of cooperation in the field of investment were examined all the challenges and work to overcome them in order to activate the Iraqi labor market to achieve the benefit of the two countries , especially since Britain realized that the time is appropriate to invest in Alarac.assador Iraq in Britain , Salah al - Tamimi confirmed that investments can the rise in Iraq after the war on terrorism infrastructure for a number of cities were destroyed, he said , adding it was an opportunity for British companies to cooperate with Iraqi companies, as the liberated areas of "Daesh" sponsored , especially in this conference to the presence of important projects between Iraq and Alm.o countries DD on the need to increase economic cooperation and discuss ways to develop relations at all levels between the two countries and work business through visa.
Then Foreign Minister Ibrahim al - Jaafari spoke about liberation from Iraqi territory "Daesh" , saying that the period after "Daesh" in which Iraq will be open for investment by international companies. He suggested Jaafari to adopt the draft reconstruction in Iraq is similar to the plan and the Marshall Plan for the reconstruction of Germany .ozyr trade and investment in the United Kingdom "Hans" spoke in turn , saying that the activation of the two countries , the economy of necessity, referring to the agreement on various issues , especially in trade and investment, and we will work to improve it from during the international Monetary Fund and the United Kingdom companies in Iraq, and perhaps the most important of PB company.
Then he spoke of the British House of Commons member of "Andrew" , saying that the great opportunities for the well - being for Iraq is very important and trade exchange, noting that this conference is an opportunity during which examined the two sides the possibility of holding important trade agreements which is out to serve Iraq, and stressed that His Majesty the Queen of Britain stands with Iraq and supported. .almokhts financial affairs Aras Karim said that during the past years has been destroyed everything from industry to infrastructure Vtqlst development as a result of terrorism, adding that Iraq needs the support of other countries such as Britain, especially in the oil field, stressing that the human element of Iraq is not used properly and work to strengthen Acial.tm sector dealt with oil Minister Jabbar Luaibi, the great cooperation between foreign companies and the oil ministry mechanisms, indicating that the refineries that have been developed opened precipitant job opportunities, especially in southern Iraq , an export refinery products petrochemical and there are other contracts to create other refineries, d Aware of the Iraqi private sector to take part in Zlk.tm Jeffrey Ebarson who works to resolve conflicts and wars file occur in B_khas Libya Msrkaila: After twenty years of service in parliament , and the follow - up conflicts of wars went to Iraq, I found it very possible to invest in Iraq, especially after its response and his insistence to fight and expel terrorism from its territory, indicating the possibility of construction and reconstruction can also be the European Union to play this great role between Britain and Iraq , noting that the last in which important opportunities are available for Astosmar.ookd that time is very appropriate to open up to Iraq economically, companies must take a bit of risk Ot Hub to Iraq, and we therefore strongly promote international institutes also see it, and that this conference is timely because of the opportunities in that even in renewable energy.
Oil affairs specialist Majid Jafar said that the power plants growing within a thousand megawatts and our logistic services in Umm Qasr and more than 90 percent of the workforce are Iraqis.
Ziad Al - Zaid from the company PB pointed to transform the Rumaila field to the largest field in the world for a long decades of oil and energy , and we believe that there will be a rise in the level of output power up to 35 percent after a few years.
And he reviewed the Chairman of the National Investment Commission , Sami al - Araji , a photographer presented opportunities in all sectors in Iraq. Planning Minister Salman Jumaili said directed his ministry to cooperate substantially with the private sector, stressing that the government is working on the investment and investor support.
Former Minister of Industry Mohammed Darraji presented a cameraman for Iraq 's external and internal debt and the possibility of the country to pay off these debts and start development projects, calling on British companies to work and investment in Iraq. As adviser to Prime Minister Walid al- Hilli said that the revitalization of foreign investment will lead to support the economy, providing thousands of opportunities Alaml.rias economic Council Ibrahim Baghdadi said in 2003 , before there was no law to invest in Iraq, adding that the constitution enacted after this year included two important articles in this regard, namely Article 25 , which focused on economic reform and support the development of a The private sector, and Article 26 , which stipulates the need to invest in Iraq support.
He pointed to the issuance of the Investment Law No. 13 of 2006, as amended, to be so one of the most important investment laws in the Middle East, referring to the launch of the government package of important economic reforms , perhaps the most important activation of the four laws - the customs tariff, the national product protection, Almsthlk- anti - dumping. He called on British companies to come and invest in Iraq because we believe that the next 25 years will be the investment competition in the Middle East for us, and will be an Iraqi par excellence.

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