A five-year strategy to open up to international companies sober

A five-year strategy to open up to international companies sober

4/12/2017 0:00

Adopted by the Iraqi-British Joint Chamber of Commerce and Industry

BAGHDAD / Hussein Tgb

Opening of a new phase initiated by Iraq towards the outside world, after the dust of terrorism, amid international presence within the wishes of the Iraqi yard work, which can accommodate global, regional and local efforts, so the Iraqi-British Chamber of Commerce and Industry begins to open up to the major economic blocs Globally.

Secretary General of the Chamber d. Sami Kashkool said: " The room worked on the study of economic reality during the past period closely and identified the points of departure and why the national economy really needs, where we found that the provision of funding is the most important pillars of the next phase of the actual start of the process of economic development." Financial capacity added that " the strategy adopted by the chamber is to work directly and orientation towards major economic blocs, and the entry of banks with huge financial and technical capabilities are local , our banks direct contact with them without the need for a mediator and become banks correspondent joint operations result in a way that enhances the capabilities of our banks that awaits act a large and broad, and thus accessible to the global banking and our services have become the ability to handle large numbers required by the stage next. " Check development had pointed out the British ambassador to Iraq , John Wilkes that "Britain is serious about providing aid to Iraq and to support economic activities that achieve sustainable development and to keep him out of the risk of war operations and terrorist." He said the "security developments in Iraq will add to the economic developments in the light of the ingredients available and communication between Iraq and Britain , and that we saw in the recent visit of Prime Minister to Iraq." Achieving the goals pointed Kashkool that " the room began develop a strategy to work extends for five years from 2022-2017, which includes attention to the priority of the entry of foreign banks (correspondent banks) from within the room five - year plan to identify and coordinate appointments for conferences to come during this period to achieve targets come benefit to Iraqi economy first and a partner who will be supportive of the development trends in Iraq, especially as the global effort is well aware that Iraq is a rich country comes first place in the world the size of wealth per square kilometer ratio to population centers , according to international. " Economic conferences noted that " the coming period , the strategy is witnessing the organization of several conferences in coordination with the General Secretariat of the Council of Ministers, the most important of the first International Scientific Conference of Industries medicines and medical supplies , health and development to be held in Cyprus in 2018 and the International Conference of the first industrial development of agricultural investment which will be held in Cyprus in 2018, as well as the second international Conference banking development, investment, energy and construction - the United States next year, the Conference of the third international bank for development and investment in Japan 2019, as well as the banking conference states The fourth development and investment, which will be held in Belgium in 2019, the Fifth International Investment and Development which will be held in the United Kingdom - London 2021 and the banking conference. " Productive sectors , said that "our continuing to attract major specialized and discreet work on the reconstruction of the liberated areas and engage in local partnerships to implement projects in various production and service sectors of international companies, especially as the focus is on companies that have the financial solvency of advanced technology which is the field for any problems . " . He Kashkool that the first World Banking Conference for Investment and Development , which was held in Cyprus recently witnessed a confirmation from the Ministry of Finance of Cyprus and the Central Director of the Cypriot and the Investment Authority there is the importance of working in Iraq and the events of bilateral partnerships achieve beneficial for Iraq , which seeks a sustainable development phase. "