India delegation agrees; Iraq is a prime investment

[Stillw8n]

India delegation agrees; Iraq is a prime investment
Consensus that Iraq is the kiss of investment in the world

19/10/2011

Iraqi Economic Forum, the launch of the Indian Investment

Held in Baghdad, Iraq Economic Forum with the participation of 26 of India’s biggest Indian companies and 30 Iraqi company and attended the forum organized by the Business Council of the Iraqi National Indian ambassador at the head of the delegation of various companies such as The Chairman of the National D investment.

Sami al-Araji, the head of the Securities and Abdul Razzaq al-Saadi, a number of government officials and members of the Business Council. In his speech at the opening ceremony, the president of the National Business Council Ibrahim al-Baghdadi hoped that this Forum panel to communicate and build a true partnership between businessmen in both countries and major Indian companies and Iraqi forces.

And confirmed the desire of both parties to find formulas for mutual cooperation and exchange of experiences and the contribution of Indian companies are known in the performance in all parts of the world to invest and the reconstruction and construction sought by the country.

a strong desire to invest Indian Ambassador Suresh to Reddy in Iraq, who headed the delegation, which included 26 of the largest global companies of India said his country’s keenness to participate in building Iraq with all the assets of Indian companies from the techniques and modern technology and the possibilities experience and expertise of its Europe, America and the world’s most advanced and explained that the investments of Indian companies amounted to up to $ 25 billion in Europe, as in America and the rest of the developed countries. guarantees to investors with large confirmed Chairman of the National D investment.

Sami al-Araji, the importance of joint cooperation between Iraq and India, stressing that Iraq opened its doors to all international companies sober.

Araji spoke about the guarantees provided to investment companies, including India, referring to the clarity of the investment law, which provides all the facilities and guarantees, and pointed to the need for partnership between Indian companies and Iraqi forces in order to building the country and touched the President of the National Investment National Investment to Matdmenth five-year plan for the years 2010 – 2014 that the country needs from 2-3 million units, pointing out that the allocations of this plan amounted to $ 186 billion of which 100 billion of oil imports and 86 billion of investments Foreign Affairs, stressed that this opportunity is enough to encourage companies to invest in Iraq, and said that such forums contribute to strengthening cooperation and convergence of views in the area to speed up the entry of firms to invest in Iraq, the best investment opportunities in an interview (economic morning) with the head of the Securities Commission d financial. Abdul Razzaq al-Saadi, who affirmed that the communication with investors in the world and is among the goals of the current phase characterized by the needs of Iraq to the international companies sober to build Iraq and achieve investment growth, which serves the country’s economy.

He noted that Iraq has the best investment opportunities in the region and the world, which including the experiences of the many large and in all regions of Iraq. and hinted at the possibility of receiving foreign investors as partners with Iraqi companies in the field of securities and the openness of the Iraqi market for securities before this partnership to Hraoualashm and circulation. He also spoke to (economic morning) Head of National Business Council of Iraq, saying, has been our Council to attract international companies known and worked to attract Indian companies to invest in construction and investment and are now in return for their Iraqi counterparts are trading ways of partnership and find investment opportunities under the banner of the Council and support the Iraqi government, represented at the National Investment Index strength of the economy and drew al-Baghdadi said that Iraq would be a magnet for investment in the world for his development in the area of GDP, which rose to weaken .

He emphasized that the expectations that the rise of oil production to 6 million barrels per day in the year, 2014, and this alone is a sign of strength and durability of the Iraqi economy and the strength of attraction for companies. And the head of the National Business Council of Iraq that India is mine feeds the world human powered active contribute to the building lot countries of the world and experience heralded in the United Arab Emirates as well as in Europe and the other expressing the readiness of the Iraqi private sector to work together with Indian companies under the umbrella of the National Investment Commission.

the construction sector As a member of the Board of Directors of the Council Mohammed Jawad al-Jubouri has confirmed the success of the Economic Forum in achieving its goals attracting major Indian companies and work with them together for the reconstruction of Iraq. He said that the construction sector, and guidance will be a priority for negotiation and cooperation with the Indian side, referring to the capabilities of Indian companies in the completion of mega projects, given because of its experience and energy, and modern technology and sophisticated.

successful partnerships Jubouri said in the conclusion of his speech (economic morning) hope that these forums effective way to attract international companies and providing them on the ground on Iraq’s needs for projects of strategic giant, this one the most important goals of The Business Council Inc., which works to achieve in order to build Iraq.

As a member of Business Council of the Iraqi National Alkhaski Abbas has pointed out that the exchange of experience with major Indian companies is useful and we will work to translate on the ground through the company’s contracts to build the next Iraq.

And took place during the Economic Forum in the recesses of bilateral talks between Indian companies leading Iraqi companies have been known and sober during the exchange of views in the types of projects that can be worked or investments within the competence of Indian companies are companies with global brands and well known in most countries of the world.

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