Economic committee between Baghdad and London
Date: Monday 09/24/2012 07:41 am
translation Abdul Khaliq Ali
in his keynote address to the Conference on Financing for Iraq 2012 in London, announced the British Minister of State for Commercial Affairs and Investment Lord Green said the British and Iraqi governments have taken practical steps to improve the working relationship between the two countries. And he said, referring to the visit of the last week, Foreign Minister William Hague to Iraq,
That governments have agreed to form a joint ministerial committee for trade and economic affairs, where committee will consist of ministers from both countries and representatives from the private sector "to create a structure under so that we can conduct systematic dialogue on ways to provide opportunities for businesses to British participation and investment in Iraq." He also described the move as "a very important initiative came at the right time too." The minister also announced that the United Kingdom will open a center in Baghdad to grant a visa to enter Britain before the end of October, and is an initiative may address some of the concerns raised by the business news in Iraq several times. Greene says, "This will make the entry of Iraqi businessmen to the United Kingdom is much easier ... and will greatly increase the volume of business that we share together." And minister stressed that the two sides were "very keen to build a relationship business investment, and to promote the growth of these normal trade relations to be from within the financial services industry, without which there can be A successful development in any economic system." And added that the Iraqi stock market is in the early stages to have a significant financial market by any standards.
: Business News in Iraq
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