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Egypt sends 7 ministers to visit Iraq next week
09:16:03 / 01/2012
Khandan - assigned to Egyptian Prime Minister Kamal al-seven ministers concerned with economic sectors to visit Iraq next week to participate strongly in the building and construction projects and reconstruction of Iraq and increasing trade to two billion dollars, according to the newspaper of the Republic of Egypt.
The news agency "Voices of Iraq" for the newspaper in its issue, said on Monday that "Kamal al-Prime Minister commissioned seven ministers of the relevant economic sectors are housing, industry and commerce, communications and information technology, agriculture, health, electricity, energy, labor and migration to visit Iraq next week to reach agreements with Iraqi officials and businesses to participate strongly in the building and construction projects and the reconstruction of Iraq. "
The newspaper quoted Faiza Aboul Naga, Minister of Planning and International Cooperation at a news conference that "the opportunities for the participation of Egyptian companies in the projects of Iraq in the field of development and reconstruction, promising to widening the size of the Iraqi budget allocated by the Iraqi government for the implementation of construction projects that have reached $ 500 billion," adding that "the budget General for Iraq's second largest budget in the Arab countries, after Saudi Arabia. "
Abu Naja said that "Ganzouri stressed to speed up the steps to enter the Egyptian companies strongly to the Iraqi market to increase bilateral trade to two billion dollars, especially when the Iraqi side requested that owing to the presence of the touch capabilities of Egyptian companies competitive with international standards."
He appealed to Ganzouri Egyptian companies to "develop a plan to move quickly to get the market share of Iraq and called on it to coordinate with each other to get the Iraqi projects that the number of bidders in each tender at least six companies, according to Iraqi law."
For his part, Minister of Industry and Trade Mahmoud Issa said that "the Egyptian-Iraqi will discuss several important issues, including the Egyptian product, which has a good reputation in Iraq and we want to return there and to increase exports and remove the obstacles for export between the two sides will also be the establishment of several international exhibitions including an exhibition in Baghdad in the next November in addition to the participation of Iraq in the Cairo International Fair in May of next March. "
The minister stressed that "the aspirations of the Egyptian-Iraqi seeks to achieve the trade exceed $ 2 billion after it fell during the current period to less than half a billion dollars."
The semi-official newspaper Al-Sabah has stated, yesterday Sunday, Prime Minister Nuri al-Maliki had invited his Egyptian counterpart, Kamal Ganzouri to visit Baghdad with a delegation of leading Egyptian companies to contribute to the reconstruction and rebuilding of Iraq after the withdrawal of U.S. troops.
It quoted the "morning" by the Minister for Housing and Reconstruction Mohamed's Darraji during a press conference at the conclusion of his meeting Paljnzori "The prime minister took me to the aspects of this invitation to Egyptian Prime Minister to Egypt's long history in the process of construction and reconstruction, and that the Iraqi government want to enter the companies and the Egyptian labor to Iraq because of the extensive experience of the Egyptian construction companies and the role of these companies since the eighties of the last century in the development process, "pointing to" the urgent need for the Egyptian labor, which accounted for the largest employment in Iraq. "
The Egyptian government has announced its refusal to offer from Iraq, to ensure the provision of out of private sector debt is estimated at about $ 408 million, the value of remittances from Egyptians for what is known as "yellow money orders" for more than 20 years.
The newspaper Al-Ahram, Egypt, in its issue on the first Sunday, that the offer was rejected by Egypt, to ensure subordination of the benefits of debt to the rules of the Paris Club, which provides for exempting Iraq from 80% of them, and bonds in 15 years the proportion of the remaining 20%, which was rejected by Egypt, confirmed its commitment to full benefits because they do not have a waiver for the debts of the private sector, or waive interest debt workers.
The newspaper explained that the Egyptian Foreign Ministry had made several contacts with Iraqi officials during the last period on debt owed to Egypt, where there are debts of the enterprise sector and the private sector.
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09:16:03 / 01/2012
Khandan - assigned to Egyptian Prime Minister Kamal al-seven ministers concerned with economic sectors to visit Iraq next week to participate strongly in the building and construction projects and reconstruction of Iraq and increasing trade to two billion dollars, according to the newspaper of the Republic of Egypt.
The news agency "Voices of Iraq" for the newspaper in its issue, said on Monday that "Kamal al-Prime Minister commissioned seven ministers of the relevant economic sectors are housing, industry and commerce, communications and information technology, agriculture, health, electricity, energy, labor and migration to visit Iraq next week to reach agreements with Iraqi officials and businesses to participate strongly in the building and construction projects and the reconstruction of Iraq. "
The newspaper quoted Faiza Aboul Naga, Minister of Planning and International Cooperation at a news conference that "the opportunities for the participation of Egyptian companies in the projects of Iraq in the field of development and reconstruction, promising to widening the size of the Iraqi budget allocated by the Iraqi government for the implementation of construction projects that have reached $ 500 billion," adding that "the budget General for Iraq's second largest budget in the Arab countries, after Saudi Arabia. "
Abu Naja said that "Ganzouri stressed to speed up the steps to enter the Egyptian companies strongly to the Iraqi market to increase bilateral trade to two billion dollars, especially when the Iraqi side requested that owing to the presence of the touch capabilities of Egyptian companies competitive with international standards."
He appealed to Ganzouri Egyptian companies to "develop a plan to move quickly to get the market share of Iraq and called on it to coordinate with each other to get the Iraqi projects that the number of bidders in each tender at least six companies, according to Iraqi law."
For his part, Minister of Industry and Trade Mahmoud Issa said that "the Egyptian-Iraqi will discuss several important issues, including the Egyptian product, which has a good reputation in Iraq and we want to return there and to increase exports and remove the obstacles for export between the two sides will also be the establishment of several international exhibitions including an exhibition in Baghdad in the next November in addition to the participation of Iraq in the Cairo International Fair in May of next March. "
The minister stressed that "the aspirations of the Egyptian-Iraqi seeks to achieve the trade exceed $ 2 billion after it fell during the current period to less than half a billion dollars."
The semi-official newspaper Al-Sabah has stated, yesterday Sunday, Prime Minister Nuri al-Maliki had invited his Egyptian counterpart, Kamal Ganzouri to visit Baghdad with a delegation of leading Egyptian companies to contribute to the reconstruction and rebuilding of Iraq after the withdrawal of U.S. troops.
It quoted the "morning" by the Minister for Housing and Reconstruction Mohamed's Darraji during a press conference at the conclusion of his meeting Paljnzori "The prime minister took me to the aspects of this invitation to Egyptian Prime Minister to Egypt's long history in the process of construction and reconstruction, and that the Iraqi government want to enter the companies and the Egyptian labor to Iraq because of the extensive experience of the Egyptian construction companies and the role of these companies since the eighties of the last century in the development process, "pointing to" the urgent need for the Egyptian labor, which accounted for the largest employment in Iraq. "
The Egyptian government has announced its refusal to offer from Iraq, to ensure the provision of out of private sector debt is estimated at about $ 408 million, the value of remittances from Egyptians for what is known as "yellow money orders" for more than 20 years.
The newspaper Al-Ahram, Egypt, in its issue on the first Sunday, that the offer was rejected by Egypt, to ensure subordination of the benefits of debt to the rules of the Paris Club, which provides for exempting Iraq from 80% of them, and bonds in 15 years the proportion of the remaining 20%, which was rejected by Egypt, confirmed its commitment to full benefits because they do not have a waiver for the debts of the private sector, or waive interest debt workers.
The newspaper explained that the Egyptian Foreign Ministry had made several contacts with Iraqi officials during the last period on debt owed to Egypt, where there are debts of the enterprise sector and the private sector.
Newspaper world
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