Snip ~ "Iraq seeks to open multiple investment areas with the regional countries that have economic participants with him, including Iran, Saudi Arabia, Syria, Kuwait, Egypt and other countries"
Friday 4/13/2012
The announcement of an agreement facilitating the entry of Kuwaiti merchants to Iraqi markets
Baghdad, Announced that the Kuwaiti embassy in Baghdad on Thursday, it had agreed with the Iraqi government to facilitate the entry of Kuwaiti companies to work in Iraq, stressing that Kuwaiti companies prefer to work in Irbil because of the improved security situation.
He said the Kuwaiti Ambassador to the insured, told the Kurdish news agency (Rn) today, "the Kuwaiti government agreed with the Iraqi government to facilitate the entry of traders and Kuwaiti businessmen especially with regard to the granting of visas and entry permits in order to promote investment and trade between the two countries."
He added that "the problem that was facing the Kuwaiti companies related to the subject security, and not because of the perception of some political parties as a result of the unresolved political differences," adding that "Kuwaiti companies chose in the previous stage of the business in Erbil as a result of the security situation in the province of Kurdistan."
Announced that the Kuwaiti embassy in Baghdad the day before yesterday, from entering the 50 companies Kuwaiti to work in Iraq at the end of this month, after that saw Iraqi-Kuwaiti relations sophisticated and clear after attending the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Sabah, Arab League summit in 29 of the last month.
It is the first visit to the Emir of Kuwait to Iraq since the invasion of Iraq for his country during the reign of the former regime in 1990.
Turkey has, earlier, that the value of trade with Iraq reached $ 12 billion over the past year, as confirmed and the Iraqi Ministry of Trade that the volume of trade with Iran (except oil activities) had reached $ 4 billion, while the volume of trade with Jordan billion dollars, and with Syria over $ 2 billion last year, and with Egypt billion dollars annually.
Iraq seeks to open multiple investment areas with the regional countries that have economic participants with him, including Iran, Saudi Arabia, Syria, Kuwait, Egypt and other countries.
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