2012-06-30 Us seeks to attract private investors to Iraq
Baghdad, The US Commerce Ministry confirmed her Government's desire to attract private investors of both countries to reach a positive outcome of the dialogue.
Chancellor in the Commerce Department head the US side at the conclusion of the Committee on commercial American Iraqi dialogue Cameron Kerry in a statement/JD/copy: "his Government's desire to begin a new chapter in economic relations through increased trade to the required level and seek to attract investors to Iraq with the cooperation of the private sector of both countries to reach positive results for dialogue".
Kerry noted on some proposals and solutions that contribute to the strengthening of relations, including registration of business, laws and regulations and help take serious steps to bind Iraq to the World Trade Organization.
His trade Minister drew Khairallah Hassan Babiker to steps that reached Iraq in its accession to the WTO, asking for support from the US side to assist entry to the Organization of its returns on the Iraqi economy as well as its call for the participation of American companies active in the sessions of the Baghdad international fair.
Babiker said during the closing of the u.s. Committee on Iraqi trade dialogue: Iraq has a lot of opportunities can be exploited by us companies in support of Iraq in the reconstruction and encourage the private sector to contribute to the development of trade and economic cooperation as the player President and the main engine for the development of trade between the two countries.
The head of the Iraqi side Al-Kazem trade overalls Adviser concerning matters raised for the registration of foreign companies and their complaint to register and login to Iraq: the Ministry continues to develop and increase the service company registration as a development of mechanization and transactions via the website for electronic circuit and open new branches in the governorates and other actions in addition to the subject of Iraqi banks, the problems in the opening credits.
The Ministry of Commerce signed a general framework for the Iraqi-American business dialogue on 25 September 2006 in Washington and the first round in Erbil and 2007 second round in Baghdad 2008./finished/22
source
