After removing the causes of differences .. Does Iraq have a money Gulf states in the next phase

[yota691]

 

After removing the causes of differences .. Does Iraq have a money Gulf states in the next phase

Posted By Journal

|Date: July 12, 2017

BAGHDAD - A follow - up 
after the acceleration of the region, including the Gulf to boost economic ties with Iraq , thanks to its potentials and energies and the ingredients are still untapped, Gulf investments began , including Saudi Arabia and Qatar want to invest in Iraq , what will make the country a kiss to attract investment in the region.

Experts and specialists in economic affairs and believes that Iraq is in front of a great historic opportunity to support and develop its economy after the desire of countries and international companies to invest on its territory, because it has the elements of investment in various economic sectors.

A Saudi government delegation headed by the Saudi Energy Minister Khaled al-Faleh had visited Baghdad last Monday and met with officials of the federal government to discuss the energy file and the extension of the OPEC agreement to cut production, the delegation also expressed his country's desire to invest in Iraq in various economic sectors.

Before the days of foreign minister visited Qatar and Iraq , he told officials in the Iraqi government that his country is willing to strengthen bilateral relations in various fields, including economic. 
Says economist Adel Mandalawi, said that " the Gulf rapprochement of Iraq comes after enabling Iraq to impose himself in the region by fighting al Daesh terrorist and also resulted in a significant and prominent role in the reduction of oil production in the Organization of Petroleum Exporting Countries ( OPEC ) , as well as international support for Iraq in various areas.

He Mandalawi in a press statement that "Iraq is in front of a great and historic opportunity to take advantage of these new relations and rapprochement with the countries to attract investments in various private sectors, he suffered a major financial crisis, a major investment is part of the will solve the crisis in the country."

He noted that "Saudi Arabia is one of the major economic countries that have high capital funds Frgbtha to invest in Iraq and open a new page with economic Iraq will create significant economic and commercial traffic between the two countries and will serve as a nutshell the Iraqi economy."

"The Gulf countries, including the UAE and Qatar would follow Saudi Arabia to open more economic relations with Iraq, particularly in the area of investment," noting that "the exploitation of this opportunity requires the creation of a secure investment environment and to overcome the difficulties for investors to bring in foreign investment."

The delegation included a number of investors and Jordanian businessman told the President of the Republic Fuad Masum, during his recent visit to the Hashemite Kingdom of Jordan that have the desire to invest in Iraq, but there are difficulties facing their work in Iraq, demanding overcome all the difficulties to come to Iraq for the purpose of investment in various sectors.

The Commission on Parliamentary Economy and Investment, said the new investment law grants great facilities for local and foreign investors, but the law is still not enabled properly.

Said committee member MP Najiba Najib in a press statement that "there is an international desire, including the Gulf states to invest in Iraq, but the administrative red tape that suffered most of the state institutions of the killing of investment in Iraq and will stand deduced from all attempts that seek to create an investment environment in the country."

She stressed that the lack of political will to support the economy and investment behind the delay facing the investor in the country, and the deterioration of the security situation in some provinces impact on the arrival of foreign companies work in the country, indicating that the investment law, as amended, not where there are problems and give all facilities to foreign and local investors " .

Ibrahim said Failkawi, an economist company Advanced Studies in Kuwait, said that some Kuwaiti companies are facing great difficulties in their investments in Iraq, most notably the "Agility" Public Warehousing Company and "Zain" communications.

The company announced "Agility", which the Kuwaiti government owns 20% of them, she applied for arbitration to the International Center for Investment Disputes for the settlement of an investment dispute with the State of Iraq, noting that the request regarding the "confiscation of the Government of Iraq indirectly" investment company worth 380 million dollars in the Iraqi telecom sector 
, said Patrick German, Chief Executive Officer , "Dana gas" in the UAE earlier , "said his company awaits the issuance of a positive judgment from the international arbitral tribunal in its dispute with Iraq 's Kurdistan Regional Government."

Dana, which is leading a consortium of companies including "Crescent Petroleum," and "Pearl Petroleum", including "or. Mother. In "Austrian, and" mother. or. The "Hungarian, filed before the London Court of International Arbitration, in October / October 2013, to issue a binding arbitration decision confirming the exclusive rights of a coalition under the contract with the Kurdistan region in 2007 and for the amounts due for production.

The Kurdistan government is still in breach of the interim decision of the arbitral tribunal, issued in October / October 2014, to pay $ 100 million to a coalition of companies down progress; the coalition of companies had to request the implementation of this decision by the London Court.

[southbeach]

The simple answer is yes.

[Boozer]

2 hours ago, southbeach said:

The simple answer is yes.

This is Iraq and nothing is simple, well except vacation, holiday,postpone,Soon