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During the opening of the fortieth session of the work of the Baghdad International Fair
Baghdad morning
new deputy prime minister for energy affairs, Hussein al-Shahristani, the determination of Iraq to the events of a broader economic development potential in the region, and in many sectors, in order to double the revenue the country's financial and reduce the size of the total appropriation on oil imports.
came confirm Shahristani, during his speech on the sidelines of opening of the Baghdad International Fair, last Thursday, Bdorth forty, which saw the presence of international companies for more than thirty countries.
At the time it was announced in which the Deputy Prime Minister, said that next year will be the year investment in Iraq, the participants in the exhibition, satisfaction with the measures that accompanied the process of opening, stressing that Iraq would emerge from Chapter VII, allowed more freedom of movement of trade and economic in the country.
called al-Shahristani, companies located in the Baghdad International Fair, to take advantage of investment opportunities at hand, He pointed out that the fortieth session of the exhibition, is important for all investors, local and foreign, especially after the increase the confidence of international companies experience the new Iraqi, and openness towards more international trading co.
believes al-Shahristani, said the size of the turnout world wide in the Baghdad International Fair, is a message to the terrorists confirms their inability to keep international companies to enter the Iraqi market.
hinted Shahristani, that the efforts of the economic transition in Iraq, began to achieve its goals effectively by increasing annual growth rates sustainable, which has risen, "according to al-Shahristani," by 10 percent, adding that the ratio , prepared in accordance with processes statistical International, one of the highest growth rates in the world, noting that the World Bank estimates suggest that Iraq will keep on the rise every year.
urged the deputy prime minister, foreign companies not to confine their activities to trade, but take advantage of investment opportunities and privileges granted Investors in Iraq in various economic sectors, adding that the government is currently working on the invitation of foreign companies advanced to invest in the country, in the form in which you can turn Iraq into a center for petrochemical and fertilizer in the world.
was the first day of the opening, witnessed the signing of the Ministry of Commerce, a Memorandum of Understanding with the Japan External Trade Organization (JETRO) provides for the development of economic and trade relations between Iraq and Japan, at the time predicted through specialists, to witness the days المقلبة the life of the exhibition, more trade agreements between Iraq on the one hand, and a number of international companies, on the other.
Moreover, he called on the Minister of Trade Khairallah Babiker, foreign investors, and international companies, to deal with the Iraqi market directly and without an intermediary, stressing the importance of a fair chance to work investment, real springboard to bring sustainable development, through the mechanisms of close cooperation between Iraq and the blocks global economic major.
said Babacar, during his speech at the opening of the exhibition, said that international companies can deal with Iraq more freely than before, pointing out that the Investment Law No. 13 of 2006, as amended, provides real guarantees to attract international companies and recruitment efforts to serve the local economy.
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