Desire to Kuwaiti businessmen to invest in Iraq
On: Sat 31/12/2011 6:16
□ Baghdad / economic-term follow-up
showed 50 men of the Kuwaiti labor and investment in Iraq during the next phase, according to Alkwyth embassy in Baghdad. The Kuwaiti ambassador to the insured in Baghdad, told the Kurdish news agency (Rn) that "50 Kuwaiti businessman who decided to work in the Iraqi market, where preparations are under way for the arrival to Baghdad for the purpose of access to trading markets and the laws governing the investment of the projects."
The Kuwaiti ambassador said earlier that his country began to develop administrative procedures and legal measures to facilitate the entry of Iraqi traders to Kuwait, at the time indicate the statistics that the volume of trade exchange between the two countries reached $ 250 million in 2011.
The believer that there are five companies and a Kuwaiti official working currently in Iraq, with a view to promoting trade between the two countries, pointing out that Kuwait is seeking with the Iraqi government to build a relationship of strong economic based on the basis of mutual interests and to enhance cooperation and investment between the two countries.
and returned Kuwait to open its embassy in Iraq in 2008 after nearly 19 years of uninterrupted relations diplomacy between the two countries, while the re-opening the Iraqi embassy in Kuwait in 2010.
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