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$ 750 million to support the sectors of oil, health and communications

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Shredd

Shredd
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CO-ADMINISTRATOR

$ 750 million to support the sectors of oil, health and communications

12/01/2012

BAGHDAD - Al Sabah , Japan announced its drive to provide financial loan to Iraq of $ 750 million to support the sectors of oil, health and communications came during a meeting between Deputy Prime Minister Ruz Nuri Shaways, and the Japanese ambassador to Iraq, Susumu Hasegawa.

During the meeting, according to a statement issued Office of Shaways received the "morning," a copy of it, they reviewed bilateral relations between Iraq and Japan, and ways of enhancing them for the good of the two countries. and examine the two mechanisms and guarantees of loan, which was first announced during the visit of Prime Ministers recent visit to Japan and $ 750 million to provide services to the oil, health and communications and to strengthen the Iraqi economy.

They also discussed the activation of the Joint Economic Committee between Iraq and Japan, the possibility of convening a meeting in February next year. The two sides also agreed on the importance of quickly issuing the law of investor protection in order to encourage investments for companies and Japanese investors in Iraq, because he confirmed the Japanese ambassador stressed his government's to encourage Japanese companies to work and contribute to the campaigns of reconstruction and construction in various sectors.

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parothead

parothead
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MEMBER

It is funny that anytime the Iraqis spend money seriously...It is always in US Dollars. Always.

Thanks Shredd

Fast Eddie


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parothead wrote:It is funny that anytime the Iraqis spend money seriously...It is always in US Dollars. Always.

Thanks Shredd

Parothead you misread the first line it's a loan from Japan to Iraq of 750 million to help strengthen their economy in the oil & health area.

parothead

parothead
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MEMBER

Sorry , I thought it said dollars.....

Fast Eddie


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parothead it might be dollars but what I was pointing out was it a loan to Iraq from Japan not Iraq spending to japan.

Reflection


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Fast Eddie wrote:parothead it might be dollars but what I was pointing out was it a loan to Iraq from Japan not Iraq spending to japan.

So they are quick to spend everyone elses money... But not theirs.... Oh wait, their money couldn't buy a box of lolly pops right now. Laughing

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