Iraq is seeking to integrate with the global economy and attract foreign investment

Shaways: Iraq is seeking to integrate with the global economy and attract foreign investment

Tuesday, 25 September / September 2012 19:29

{Baghdad: Euphrates News} said Deputy Prime Minister Ruz Nuri Shaways that “Iraq is seeking to integrate into the global economy and accession to the WTO and take advantage of the system of governance and transparency and disclosure and protection of intellectual various forms of physical, intellectual and transfer of technical knowledge and technological changes and the free movement of capital and enhance the confidence of the world Iraqi economy and attract foreign investment and improve the environment for economic activity. ”

A statement by the Office of Shaways that “Deputy Prime Minister Ruz Nuri Shawis chaired the World Economic Forum II in the German capital Berlin and hosted by the Iraqi embassy in cooperation with the Chamber of Commerce and Industry English – German, which saw extensive presence of Iraq and Germany was attended by Iraq and ministers of Finance and Transport and Water Resources agents and ministries of electricity, health, agriculture and a number of members of the House of Representatives and the Governors of Mosul, Anbar and Maysan, Irbil and Sulaymaniyah and some heads and members of provincial councils and advisers, businessmen and heads of Iraqi Chambers of Commerce. ”

He added that the German side like Peter Huntz and Minister of State for Economics and Technology and Chairman of the Chamber of Commerce and Industry of German-Arab Mr. Thomas Bach and Ambassador Federal Republic of Germany in Baghdad Britta and denied and a large number of heads and representatives of companies and businessmen in Germany and the Ambassador of the Republic of Iraq in Berlin, Dr. Hussein al-Khatib. ”

He Shaways in his speech at the opening ceremony that Iraq seeks to integrate with the global economy and accession to the WTO and take advantage of the system of governance and transparency and disclosure and protection of intellectual various forms of physical, intellectual and transfer of technical knowledge and technological changes and the free movement of capital and enhance the confidence of the world the Iraqi economy and attract investment and improve the environment for foreign economic activity.

Shaways noted that the Iraqi government has worked to develop an integrated strategy for investment and issued legislation, regulations and facilities that would remove obstacles facing investors.

He stressed that the needs of the new Iraq are too many and it’s not limited to the reconstruction of what exists, but DEVELOPMENT broadest doors and much Matsttia international companies presented in the areas of infrastructure, particularly in the sectors ((oil and energy, health and accessories, education, transport types (land, sea, and air) , training and vocational rehabilitation, water and sewage, roads and bridges, agriculture, industry, mining and other fields)). ended
Source: alforatnews