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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    America: We are working with Iraq to create a favorable environment for our companies.. What about t

    Rocky
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    America: We are working with Iraq to create a favorable environment for our companies.. What about t Empty America: We are working with Iraq to create a favorable environment for our companies.. What about t

    Post by Rocky Fri 21 Jun 2024, 4:51 am

    America: We are working with Iraq to create a favorable environment for our companies.. What about the obstacles?

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    Economy News - follow up
    [rtl]A US Commerce Department official announced that the United States is working "closely" with Baghdad to create an "enabling environment" for American companies to operate in Iraq.[/rtl]
    [rtl]The work of several American companies that were operating in the oil sector in the Kurdistan Region stopped for more than a year, following disputes with Baghdad regarding contracts after the decision of the arbitration panel in the International Chamber of Commerce in Paris in favor of Iraq against Turkey in March 2023.[/rtl]
    [rtl]Although Erbil and Baghdad agreed to resume oil exports under the supervision of the Federal Ministry of Oil, the companies did not resume oil production because an agreement was not reached on wages.[/rtl]
    [rtl]The American official said: “We are working closely with the Iraqi government to create a favorable environment, not only for oil companies, but also for companies in various sectors involved in the development of Iraq.”[/rtl]
    [rtl]Arun Venkataraman touched on some of the obstacles facing American companies in Iraq, noting that Washington is working "closely" with Baghdad to determine the sectors in which it believes American companies have "investment opportunities."[/rtl]
    [rtl]He added, "We realize that Iraq's needs are many, and we also know that the main points of the (Iraqi) government's economic development policy are those in which our American companies can play a role."[/rtl]
    [rtl]He continued: "We continue to work with them to create an environment for our companies to be able to succeed, because we realize that Iraq will also succeed in achieving its goals when our companies succeed in Iraq."[/rtl]




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