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Source: The private sector seeks to attract French investments
On: Tue 1/17/2012 7:27
□ Baghdad / follow-up term
Council is seeking employers Iraqi French to convince French companies to expand their investments in Iraq during the fourth meeting of the Council to be held in Baghdad next Wednesday.
As part of his bid, ask this Council a set of axes regulatory and economic, including requiring the French company member with the Council and working in various sectors of banking, industrial, agricultural and commercial to be its participation in investment projects within the country through the field representation directly and through partnership with the Iraqi side exclusively.
The representative of the Iraqi side of the Council of heads of the Iraqi business French willing satisfaction Blibl Radio Free Iraq: The Iraqi banks will be the center of the broad partnership and field with its French counterpart, as well as there will be a focus of the national investment in the field of investment opportunities unexploited and the possible expansion of the French role in this direction as well as the dependence exclusive of labor and Iraqi companies in the implementation of investment projects that will win the French companies.
He Blibl that the Iraqi side will seriously to convince his French counterpart to give up the case of extreme caution that continued stewards accordingly since 2003 and even today about dealing with the issue of investment in the Iraqi market, Aside from abandoning the idea of infinite effort, the investment in the government sector, which are caused primarily on the survival of French investments in Iraq without the level of ambition for the past years.
For his part, emphasizes academic at the University of Mustansiriya Dr. Abdul Rahman al-Mashhadani, the question of "caution" is not the cause shortness of the Department of French investments in the years following 2003, but the real reason is in the case of obvious shortcomings of the potential human and material suffered by the Iraqi private sector and its companies is what makes the partnership investment with it is not guaranteed and pay investors the French to look for secure investments which are not provided unless the government sector through the current circumstances.
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