President Talabani Promises to Protect Investors

[Carrello]

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President Talabani Promises to Protect Investors

Posted on 26 September 2011.

Iraq is striving to build a democratic State anchored in peace and the rule of law, with all communities living in harmony, irrespective of their sectarian, ethnic or factional affiliation, the country’s President, Jalal Talabani, told the General Assembly on Friday.

“This is the basis for the path which we are moving on and continually implementing,” Mr. Talabani told the annual general debate.

Stressing that Iraq had succeeded in getting rid of sanctions and restriction imposed as a consequence of the invasion of Kuwait by the Saddam Hussein regime, Mr. Talabani encouraged the international community to seek investment opportunities in the country in the fields of oil, natural gas and infrastructure.

“The economic policy of Iraq is based on encouraging investments and providing the appropriate legislative environment to protect investors and their capital,’ said Mr. Talabani.

He said Iraqi security forces had proved that they are capable of providing security and combating terrorism when United States troops withdraw from the country at the end of the year.

Noting that Iraq’s foreign policy is based on the principle of good neighbourliness and respect of international obligations, Mr. Talabani urged Turkey and Iran to resort to diplomacy and dialogue to resolve their dispute with their Kurdish communities, and to refrain from bombing Iraqi territories in the Iraqi Kurdistan which he said was causing harm to innocent civilians.

Mr. Talabani said the Middle East should be a region free of weapons of mass destruction and urged Israel to join the nuclear non-proliferation treaty and put its nuclear facilities under the safeguards regime of the United Nations International Atomic Energy Agency (IAEA).

(Source: UN)

[fastarnie]

What he says sounds great, but......... Very skeptical of Iraq lately.

[thegente]

http://www.iraq-businessnews.com/2011/09/26/president-talabani-promises-to-protect-investors/

President Talabani Promises to Protect Investors

September 26, 2011

Iraq is striving to build a democratic State anchored in peace and the rule of law, with all communities living in harmony, irrespective of their sectarian, ethnic or factional affiliation, the country’s President, Jalal Talabani, told the General Assembly on Friday.

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“This is the basis for the path which we are moving on and continually implementing,” Mr. Talabani told the annual general debate.

Stressing that Iraq had succeeded in getting rid of sanctions and restriction imposed as a consequence of the invasion of Kuwait by the Saddam Hussein regime, Mr. Talabani encouraged the international community to seek investment opportunities in the country in the fields of oil, natural gas and infrastructure.

“The economic policy of Iraq is based on encouraging investments and providing the appropriate legislative environment to protect investors and their capital,’ said Mr. Talabani.

He said Iraqi security forces had proved that they are capable of providing security and combating terrorism when United States troops withdraw from the country at the end of the year.

Noting that Iraq’s foreign policy is based on the principle of good neighbourliness and respect of international obligations, Mr. Talabani urged Turkey and Iran to resort to diplomacy and dialogue to resolve their dispute with their Kurdish communities, and to refrain from bombing Iraqi territories in the Iraqi Kurdistan which he said was causing harm to innocent civilians.

Mr. Talabani said the Middle East should be a region free of weapons of mass destruction and urged Israel to join the nuclear non-proliferation treaty and put its nuclear facilities under the safeguards regime of the United Nations International Atomic Energy Agency (IAEA).

[Rossenbos]

Eh...no it doesn't mean you. You are not an investor in Iraq. You are a speculative investor.

[DinarDana]

Stressing that Iraq had succeeded in getting rid of sanctions and restriction imposed as a consequence of the invasion of Kuwait by the Saddam Hussein regime, Mr. Talabani encouraged the international community to seek investment opportunities in the country in the fields of oil, natural gas and infrastructure.

Is this confirmation that the Chapt VII sanctions have been lifted?

[littlefeet]

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Is this confirmation that the Chapt VII sanctions have been lifted?

We were wondering too.....

[zigmeister]

According to President Talabani it appears so, but the UN may read it differently. However I like his version.

[zigmeister]

I have a feeling we are like the dogs beneath the table, we might get a few crumbs.

[Carrello]

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Is this confirmation that the Chapt VII sanctions have been lifted?

I just posted another article that states Iraq just signed a deal for 18 F-16s. How can they do that under sanctions?

I have a feeling we are like the dogs beneath the table, we might get a few crumbs.

Crumbs minus taxes leaves what?

[DinarDana]

I have a feeling we are like the dogs beneath the table, we might get a few crumbs.

Hmm yeah I hear you, but a few crumbs is better than starving.

As of lately, I think our hopes are high because Iraq is moving in a positive direction (for them) and they are telling us so, everyday. It make it so difficult to be so close to the end of a journey as we sit behind our computers and wait....and wait.....and wait, grasping onto shreds of evidence that this will be a lucrative speculation, and we all made the right decision. To wait....

I just posted another article that states Iraq just signed a deal for 18 F-16s. How can they do that under sanctions?

Crumbs minus taxes leaves what?

Maybe a morsel....

Eh...no it doesn't mean you. You are not an investor in Iraq. You are a speculative investor.

Yeah exactly. He is speaking to BIG BUSINESS.

Edited September 27, 2011 by DinarDana