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Iraqi Ambassador: Two considerations affect the investment of foreign companies in the country
[You must be registered and logged in to see this image.] 2022/09/23
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Baghdad / Al-Mawrid News
The Embassy of the Republic of Iraq in the German capital, Berlin, confirmed today, Friday, that there are no pressures or reasons to prevent the investment of German companies from working in Iraq, indicating only two reasons that affect the volume of investment.
The Iraqi ambassador in Berlin, Luqman Al-Faili, said in an interview with the official agency, that "there is nothing to prevent German companies from investing in Iraq, but there are considerations that affect."
He added, "The first of these considerations is the security situation, which the media marketed badly, contrary to reality, as Iraq is currently enjoying stability, and the second matter is the bureaucracy applied under the laws, which does not encourage the expansion of companies' work in Iraq."
On Germany's security and intelligence cooperation with Iraq, Al-Faili confirmed that "Berlin is within the framework of the international coalition in support and advice, and the activity of its trainers is subject to evaluation for periods ranging from one year to six months."
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[You must be registered and logged in to see this image.] 2022/09/23
[You must be registered and logged in to see this image.] 37
Baghdad / Al-Mawrid News
The Embassy of the Republic of Iraq in the German capital, Berlin, confirmed today, Friday, that there are no pressures or reasons to prevent the investment of German companies from working in Iraq, indicating only two reasons that affect the volume of investment.
The Iraqi ambassador in Berlin, Luqman Al-Faili, said in an interview with the official agency, that "there is nothing to prevent German companies from investing in Iraq, but there are considerations that affect."
He added, "The first of these considerations is the security situation, which the media marketed badly, contrary to reality, as Iraq is currently enjoying stability, and the second matter is the bureaucracy applied under the laws, which does not encourage the expansion of companies' work in Iraq."
On Germany's security and intelligence cooperation with Iraq, Al-Faili confirmed that "Berlin is within the framework of the international coalition in support and advice, and the activity of its trainers is subject to evaluation for periods ranging from one year to six months."
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