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Iraq calls for German companies to expand their investments

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Finished delegation Iraqi economic headed by Deputy Prime Minister Rosh Nouri Shaways included a number of ministers and businessmen, will hold talks in Berlin conducted with government officials Germans and representatives of the private economy, in order to enhance cooperation and push German companies to more work and investment in the areas of economic development in Iraq.
held Shaways Ministers money, transport and health Iraqis meeting with the Minister of Economy Vice German Chancellor Philip Roessler, and Transport Minister Peter Ramzawr, discussed which ways to strengthen economic and political ties that develop in tangible form.
visit came the Iraqi delegation, which included about 250 representatives of the public and private sectors, within the framework of Forum Iraqi economic - German second, which was organized by the Iraqi embassy in Germany with the Chamber of Commerce and Industry English - German in the hotel «Ritz Carlton» in Berlin, and was also attended by about 100 representatives of German companies and officials in the ministries of economy, health, transport and money German.
Although the security situation in Iraq, he witnessed years ago growth rising thanks to production increasing from oil, also began to turn into a more Arab countries rebound thanks to internal investments in a variety of areas, and improve the conditions of foreign investment and its benefits.
Moreover, restore the level of production the previous oil combined with higher prices In the international market, and the progress made ​​in rebuilding what was destroyed by wars. And looking Iraq for foreign investments increased and cooperation with large companies to fill needs of equipment and goods.
scored bilateral trade between Germany and Iraq increases concrete Finally, as increased German exports to last year by 22 percent to $ 1.13 billion euros compared to 2010. And continue to rise in the first half of the year, recording an increase of 20 percent or 562 million euros.
At the time of Iraqis show their satisfaction about this development, called their representatives in the public and private sectors to further the partnership and cooperation with representatives of the German economy. And praised the strength of German products, and the commitment of companies producing schedules demand, payment and delivery.
and search the forum in five working sessions over two days, in the ways of cooperation to expand the infrastructure in Iraq, and strengthen scientific and industrial sectors, educational, and promote health and energy. The representatives of the public and private sectors, and the governors of Anbar, Salahuddin, Maysan, Najaf and Nineveh and Kurdistan, projects earmarked for development and reconstruction, infrastructure and health allotted hundreds of billions of dollars. They called German companies to contribute to an investment or implementation, confirming the existence of the benefits and big profits.
was clear that the unstable security situation is still playing a role in avoiding some work or invest in Iraq, but ways have become available over the day thanks to the Germans of Iraqi descent working day as a mediator German companies, and that's what drew him a number of Iraqi speakers at the forum.

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