Wednesday, February 15, 2012

Shahristani calls Britain to its banks to open branches in Iraq

Wednesday, February 15, 2012

Hussain al-Shahristani calls Britain to its banks to open branches in Iraq

Deputy Prime Minister for Energy, Hussain al-Shahristani Britain to its banks to open branches in Iraq to facilitate the work of foreign companies, while Britain confirmed its quest to encourage its enterprises to enter the Iraqi market.


Shahristani said in a statement issued by his office, on the sidelines of a meeting, Chief Executive of the trade and investment in Britain Nicholas Baird, said that foreign companies operating in Iraq need to facilitate their work, funding and therefore the British banks could play an active role in this area, calling on the British side to open branches of banks in Iraq.

Shahristani stressed the need to contribute to British companies in the reconstruction of Iraq in various fields, especially in energy and electricity, as well as strengthening the economic relations between the two countries and their development.


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