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Delegations of international economic environment considering work in Iraq

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JJONESMX


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19/11/2011

Because he has the market and the opportunities to work together
Baghdad, Hussein al-Tamimi Tgb
Iraq's importance economically is aware of all the economies of the world, and seek opportunities to enter the local economy a feature of all international companies specialized in the developed industrially and economically, and served the governments of those countries that know adopting a market economy for decades to organize visits of economic, accompanied by delegations biggest companies specialized to Iraq and come towards the National Investment Commission and discuss the mechanisms of action and study the laws and legislation, including the Investment Law No. 13 of 2006, as amended, as well as consider entering into investment partnerships, where the last participating delegations, which took him Deputy Prime Minister and Foreign Minister of Austria, as it came with a delegation economic features (40) Company Austrian international specialized work met with various business people and economists at a conference organized by the Iraqi National Investment Commission
.
Openness to the world
Foreign Minister Hoshyar Zebari said the (morning) the importance of openness to the world and its role in achieving the advancement of economic cross-bridges of cooperation with the best international companies, pointing out that the meeting between the Austrian delegation will open the prospects of dealing with the new Austrian economy, which has seen its industry evolved considerably, as we saw the desire of true of the friend in the presence and action within Iraq in the future, pointing to discuss cooperation and political and economic relations with the Deputy Prime Minister, the Austrian Minister of Foreign Affairs and this is a positive thing at the level of foreign relations of Iraq, as we discussed a mechanism to facilitate entry of Iraqis into Austria, to facilitate cooperation between the two countries in addition to that Iraq appreciates the initiative of Austrian Airlines, which took the initiative to be in Iraq as the first European airline came to the country after a long break from the world.
Initial understandings
The adviser said the National Investment Commission, Abdullah al-Bandar: The presence of large economic delegation led by Deputy Prime Minister and Foreign Minister Austrian proof keenness of these delegations to co-exist on the land of Iraq and the development of economic relations at the level of public and private sectors, pointing out that there are understandings of principle between the local private sector and Austrian firms in the hope that the coming period would witness study the investment environment and the laws governing it, and then invest the efforts of Austrian companies in the construction, reconstruction and rehabilitation of infrastructure, in addition to entering the fields of different economic productivity and service, especially that all the companies coming to Iraq, recognizes the importance of investment opportunities available in Iraq, He stressed that security and stability witnessed by the country to pay international companies on different nationalities to the trend towards Iraq, while you find the investment in all provinces displaying Bjabtha of investment projects, noting that Iraq is at this time suitable environment to work, especially that of regional countries are far from ambitious international companies to invest and work, because it is violent warheads would be unable to attract investment funds.
Future relations
For his part, Deputy Prime Minister, the Austrian Foreign Minister Michael Spend the Wings: that we went into Iraq came after we realized that the country has become economically and politically in a direction to ensure the future relations, and the natural resources owned by Iraq make major companies are moving sights to Iraq, where the delegation included companies investment in multiple areas, and noted that building bridges of economic and political cooperation is very important in the accounts of our government.
Investment opportunities and a wide field of energy
Representative of the company omv oil Austrian confirmed that he was in Iraq came to stand at the possibility of investing in a country with significant employment opportunities and wide field of oil industry, and the Iraqi oil sector needs technologies work developed in this field, especially that our companies realize the magnitude of oil reserves owned by Iraq and is the largest oil reserves in the world, and has many job opportunities in the field of production, transport, and requires the efforts of doubling for global companies, indicating that the oil companies, the Austrian has the best technologies the world's oil, and this can be invested in Iraqi oil fields, and that our presence in Iraq is a step important to pave the way to enter the field of employment in the oil of Iraq, and stand at the investment legislation and legal study of the shortest route to get to the cooperation with the Iraqi side during the coming period.
And economic delegations
The expert investment sector Ala zebra said: The fields of the global economy has become aware of the importance of Iraq economically and in all areas and at all levels, where Iraq has the market as well as employment opportunities, and this is not available in any of the countries of the world, and that the drop from the world, carrying a negative impact significant economic fields all local infrastructure to make Iraq a great need for techniques developed countries that have preceded us a lot in these sectors and investment efforts in Iraq, and today we find the Austrian delegation, the official and commercial present in Iraq, and before the Indian delegation and other delegations that came offer its services and capabilities developed and international reputation in the field of competence.
Economic partnerships
Representative of the Austrian trade in Iraq, Cote said that this conference is of great importance in the development of economic relations, Iraqi Austrian by the presence of this number of Austrian companies to the Iraqi private sector, and there is a desire from both sides to enter into economic partnerships working to strengthen economic relations, especially as the communication between the two countries has become the line going through Iraqi airspace of Austria, which is the first port to the economic Europe.[b]

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