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Monday July 18, 2011
Maliki calls for the Chinese government to sign an agreement to protect its investments in Iraq
Editor: NQ | HAH Monday, 18 تموز 2011 12:49 GMT
Iraqi Prime Minister Nuri al-Maliki
Alsumaria News / Baghdad,
Iraqi Prime Minister Nuri al-Maliki, on Monday, the Chinese companies to expand steps toward Iraq and to benefit from expectations of high growth of its economy by investing in the sectors of energy, housing, industry, agriculture and infrastructure, while urging the Chinese government to sign a bilateral agreement to ensure and protect those investments, he stressed the need to benefit from China's experience in the management of special economic zones to build the Iraqi model that simulates the Chinese experience in this area. Prime Minister Nuri al-Maliki in a speech today at a conference of economic cooperation of Iraq - the Chinese, which was held in the Chinese capital Beijing, the the Iraqi government "is seeking to increase economic and investment cooperation with China through the constant pursuit to activate and attract Chinese investment," stressing the need to "work in the areas of production of value-added benefit from the Chinese experience in the investment and management of special economic zones to build the Iraqi model that simulates the Chinese experience in this area ". Maliki called "Chinese companies and enterprises to expand steps toward Iraq and to benefit from expectations of high growth of its economy and contribute to the reconstruction and the establishment of strong cooperative relationships with him in the vital sectors of Iraq's economy such as housing, industry, agriculture and infrastructure", also called the Chinese government to "sign a bilateral agreement to ensure and protection of mutual investments in the first step towards the strategic partnership between our two friendly countries, " Maliki said "the gates of the Iraqi economy open to our Chinese friends for the reconstruction and investment," and expressed hope that "touch the presence of China in Iraq near future," he says. Maliki said "The Iraqi economy has seen significant shifts on the road to openness and freedom and the adoption of the forces of supply and demand mechanisms essential in the economic relations in the form which facilitates the integration process in the system of international economic," noting that "estimated that the Iraqi economy will be among the more developed economies in the world during the next two years. " Maliki said that "Iraq has made on the economic front, a number of positive developments over the past eight years in a number of indicators," noting that "the gross domestic product and per capita GDP has doubled, and the Iraqi Government succeeded in formulating the policy efficient To adjust the Altdhm the government's expenditure and the structure of government banks to keep pace with developments in banking in the world. " The Iraqi prime minister that "Iraq has completed a set of policies stand-by arrangements with the IMF and the Paris Club for debt relief," explaining that "the Iraqi government is counting too much on what it is to Iraq of human and material resources to achieve development, " Maliki said, "oil and gas sector is a promising sector in the economy of Iraq, where Iraq has oil reserves of 142 billion barrels and possible reserves exceed its estimates of proven reserves, as well as large reserves of natural gas of up to 126.7 trillion cubic feet, "expected to" contribute to the investments in this sector to develop large in the oil industry in Iraq, through rounds of licensing contracts and the establishment of oil refineries and other industries related to oil and gas sector. " He pointed to Maliki that "the electricity sector requires significant investment to double generating capacity to meet domestic demand through the creation of new generating stations throughout Iraq, "noting that" the generating capacity of Iraq stands at present, up to 7500 MW which is nearly half the domestic demand for electric power, which demonstrates the need for large investments in this area to meet the increased demand is expected to reach by 2015 to 20,000 megawatts. " Maliki said that "the great opportunities available for investment in the transport sector through the construction of roads, bridges, airports and ports," noting that "the investment opportunities available in the projects, telecommunications and Internet services and landline fiber optic In addition to license the fourth in the cellular phone network and to be submitted by the Ministry of Communications to improve the performance of mobile services in Iraq. " Al-Maliki that "the Iraqi market is the fastest growing region in the mobile industry, although much of the infrastructure in this sector is still in need large investments. " The Prime Minister added that the "Investment Law No. 13 of 2006 amending had a major role in attracting foreign investments to Iraq, including the wealth of features, guarantees and exemptions encouraging Allmsttmaren foreigners," noting that "among the contents of this law of incentives is exemption from taxes and fees for a period of ten years and up to 15 years in the case of the partnership with an Iraqi investor. " Maliki said that "the law provides the free movement of capital and profits to and from Iraq and the right to hire foreign workers when needed, as well as ensure that no confiscation or nationalization of the investment project" , noting that "the National Authority for Investment and Investment Commissions in the provinces are running single window, which we have adopted in order to reduce the episodes of routine." Maliki confirmed that the Iraqi government "were created legislation to strengthen the confidence of the Iraqi economy through the provision of legal protection for foreign investments in Iraq by the guarantees stipulated in the Investment Law itself in the material guarantees and arbitration, as well as through the safeguards mandated by Iraq's accession to the Convention on the International Foundation to ensure the investment in 2007, and finally through bilateral agreements to ensure and protect investments. " and left the Iraqi Prime Minister Nuri al-Maliki, on Sunday, to China head of a ministerial delegation on an official visit at the invitation of his Chinese counterpart Wen Jiabao for a three days. The Minister of State, Iraqi government spokesman Ali al-Dabbagh said in the 12 of July, the current Prime Minister Nuri al-Maliki will travel next week to the Republic of China (PRC) in official visit three days, indicating that the ministerial delegation significant will be accompanied by Maliki, who will discuss bilateral relations and development, particularly in the areas of energy, transport, goods and services and investment. China is playing a major role in the development of the fields of Iraqi oil, and got four decades in Basra, Maysan, and Al Kut, where they signed and Iraqi Ministry of Electricity, in the twenty-fifth of last April, signed a one billion dollar in the second phase of the original contract with a Chinese company to double production of electric power station Zubaydiah thermal province of Wasit. 's Prime Minister Nuri al-Maliki paid a visit to Japan in 2007, and visited the end of last April to South Korea resulted in a number of deals in the oil and gas, in addition to building one hundred thousand units. It is noteworthy that Iraq and China have agreed on the 26 of last February to develop economic and trade cooperation during a meeting with Iraqi President Jalal Talabani, a Chinese government delegation headed by Deputy Foreign Minister Jay Jones.
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Maliki calls for the Chinese government to sign an agreement to protect its investments in Iraq
Editor: NQ | HAH Monday, 18 تموز 2011 12:49 GMT
Iraqi Prime Minister Nuri al-Maliki
Alsumaria News / Baghdad,
Iraqi Prime Minister Nuri al-Maliki, on Monday, the Chinese companies to expand steps toward Iraq and to benefit from expectations of high growth of its economy by investing in the sectors of energy, housing, industry, agriculture and infrastructure, while urging the Chinese government to sign a bilateral agreement to ensure and protect those investments, he stressed the need to benefit from China's experience in the management of special economic zones to build the Iraqi model that simulates the Chinese experience in this area. Prime Minister Nuri al-Maliki in a speech today at a conference of economic cooperation of Iraq - the Chinese, which was held in the Chinese capital Beijing, the the Iraqi government "is seeking to increase economic and investment cooperation with China through the constant pursuit to activate and attract Chinese investment," stressing the need to "work in the areas of production of value-added benefit from the Chinese experience in the investment and management of special economic zones to build the Iraqi model that simulates the Chinese experience in this area ". Maliki called "Chinese companies and enterprises to expand steps toward Iraq and to benefit from expectations of high growth of its economy and contribute to the reconstruction and the establishment of strong cooperative relationships with him in the vital sectors of Iraq's economy such as housing, industry, agriculture and infrastructure", also called the Chinese government to "sign a bilateral agreement to ensure and protection of mutual investments in the first step towards the strategic partnership between our two friendly countries, " Maliki said "the gates of the Iraqi economy open to our Chinese friends for the reconstruction and investment," and expressed hope that "touch the presence of China in Iraq near future," he says. Maliki said "The Iraqi economy has seen significant shifts on the road to openness and freedom and the adoption of the forces of supply and demand mechanisms essential in the economic relations in the form which facilitates the integration process in the system of international economic," noting that "estimated that the Iraqi economy will be among the more developed economies in the world during the next two years. " Maliki said that "Iraq has made on the economic front, a number of positive developments over the past eight years in a number of indicators," noting that "the gross domestic product and per capita GDP has doubled, and the Iraqi Government succeeded in formulating the policy efficient To adjust the Altdhm the government's expenditure and the structure of government banks to keep pace with developments in banking in the world. " The Iraqi prime minister that "Iraq has completed a set of policies stand-by arrangements with the IMF and the Paris Club for debt relief," explaining that "the Iraqi government is counting too much on what it is to Iraq of human and material resources to achieve development, " Maliki said, "oil and gas sector is a promising sector in the economy of Iraq, where Iraq has oil reserves of 142 billion barrels and possible reserves exceed its estimates of proven reserves, as well as large reserves of natural gas of up to 126.7 trillion cubic feet, "expected to" contribute to the investments in this sector to develop large in the oil industry in Iraq, through rounds of licensing contracts and the establishment of oil refineries and other industries related to oil and gas sector. " He pointed to Maliki that "the electricity sector requires significant investment to double generating capacity to meet domestic demand through the creation of new generating stations throughout Iraq, "noting that" the generating capacity of Iraq stands at present, up to 7500 MW which is nearly half the domestic demand for electric power, which demonstrates the need for large investments in this area to meet the increased demand is expected to reach by 2015 to 20,000 megawatts. " Maliki said that "the great opportunities available for investment in the transport sector through the construction of roads, bridges, airports and ports," noting that "the investment opportunities available in the projects, telecommunications and Internet services and landline fiber optic In addition to license the fourth in the cellular phone network and to be submitted by the Ministry of Communications to improve the performance of mobile services in Iraq. " Al-Maliki that "the Iraqi market is the fastest growing region in the mobile industry, although much of the infrastructure in this sector is still in need large investments. " The Prime Minister added that the "Investment Law No. 13 of 2006 amending had a major role in attracting foreign investments to Iraq, including the wealth of features, guarantees and exemptions encouraging Allmsttmaren foreigners," noting that "among the contents of this law of incentives is exemption from taxes and fees for a period of ten years and up to 15 years in the case of the partnership with an Iraqi investor. " Maliki said that "the law provides the free movement of capital and profits to and from Iraq and the right to hire foreign workers when needed, as well as ensure that no confiscation or nationalization of the investment project" , noting that "the National Authority for Investment and Investment Commissions in the provinces are running single window, which we have adopted in order to reduce the episodes of routine." Maliki confirmed that the Iraqi government "were created legislation to strengthen the confidence of the Iraqi economy through the provision of legal protection for foreign investments in Iraq by the guarantees stipulated in the Investment Law itself in the material guarantees and arbitration, as well as through the safeguards mandated by Iraq's accession to the Convention on the International Foundation to ensure the investment in 2007, and finally through bilateral agreements to ensure and protect investments. " and left the Iraqi Prime Minister Nuri al-Maliki, on Sunday, to China head of a ministerial delegation on an official visit at the invitation of his Chinese counterpart Wen Jiabao for a three days. The Minister of State, Iraqi government spokesman Ali al-Dabbagh said in the 12 of July, the current Prime Minister Nuri al-Maliki will travel next week to the Republic of China (PRC) in official visit three days, indicating that the ministerial delegation significant will be accompanied by Maliki, who will discuss bilateral relations and development, particularly in the areas of energy, transport, goods and services and investment. China is playing a major role in the development of the fields of Iraqi oil, and got four decades in Basra, Maysan, and Al Kut, where they signed and Iraqi Ministry of Electricity, in the twenty-fifth of last April, signed a one billion dollar in the second phase of the original contract with a Chinese company to double production of electric power station Zubaydiah thermal province of Wasit. 's Prime Minister Nuri al-Maliki paid a visit to Japan in 2007, and visited the end of last April to South Korea resulted in a number of deals in the oil and gas, in addition to building one hundred thousand units. It is noteworthy that Iraq and China have agreed on the 26 of last February to develop economic and trade cooperation during a meeting with Iraqi President Jalal Talabani, a Chinese government delegation headed by Deputy Foreign Minister Jay Jones.
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