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Thread: A five-year strategy to open up to global companies

  1. #1
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    Default A five-year strategy to open up to global companies


    A five-year strategy to open up to global companies

    12/4/2017

    Adopted by the British-Iraqi Joint Chamber of Commerce and Industry
    Baghdad / Hussein Thugb


    A new stage of openness started by Iraq towards the outside world, after wiping the dust of terrorism, amid international desires to be within the Iraqi arena of work that expands the efforts of global, regional and local, so the Iraqi Chamber of Commerce and Industry to open up to major economic blocs
    Globally.

    Secretary General of the Chamber d. Sami Kashkoul said: "The Chamber has worked to study the economic reality during the last period closely and identified the starting points and what the national economy really needs, where we found that the provision of funding is the most important pillars of the next phase to begin the actual process of economic development.

    "
    Financial capacity added that " the strategy adopted by the chamber is to work directly and orientation towards major economic blocs, and the entry of banks with huge financial and technical capabilities are local , our banks direct contact with them without the need for a mediator and become banks correspondent joint operations result in a way that enhances the capabilities of our banks that awaits act So that our banking services can be accessed globally and will be able to deal with the large numbers required by the next stage . "

    Check development


    The British ambassador to Iraq, John Wilkes, pointed out that "Britain is serious about helping Iraq and supporting its economic activities that achieve sustainable development and keep it away from the threat of war and
    terrorist operations ."

    He added that "security developments in Iraq will provide economic developments in light of the existing elements and communication between Iraq and Britain, and this was touched on the visit of the last prime minister to
    Iraq."

    Achieve goals

    Kashkool pointed out that "the Chamber began to develop a strategy for the work spanning five years from 2022 to 2017, which includes interest in the priority of the entry of foreign banks (correspondent banks) within the five-room plan and the identification and coordination of dates for future conferences during this period to achieve goals that benefit the Iraqi economy First and the partner who will be supportive of the development trends in Iraq,

    especially that the
    global effort is well aware that Iraq is a rich country and comes in the first place in the world size of wealth per square kilometer relative to the population according to
    international centers .

    Economic conferences


    He pointed out that "the next period of the strategy is witnessing the organization of several conferences in coordination with the Secretariat General of the Council of Ministers, the most important international scientific conference for pharmaceutical industries, medical supplies and health development, which will be held in Cyprus 2018 and the first International Conference on Agricultural Industrial Development Investment, which will be held in Cyprus 2018,

    The second international bank for development, investment, energy and reconstruction - the United States of America next year, the third international banking conference for development and investment in Japan in 2019, as well as the Fourth International Bank of Development Conference Investment,

    which will be held in Belgium in 2019, the International Conference of Banking Fifth Investment and Development which will be held in the United Kingdom - London 2021 ".

    Productive sectors

    "Our efforts are continuing to attract the world's largest and most specialized companies to work on the reconstruction of liberated areas and to enter into local partnerships to implement projects in various productive and service sectors," he said.

    "The focus is on companies that have financial solvency and advanced technology.

    He stressed that the first international banking conference for development and investment held in Cyprus recently witnessed the confirmation of the Cypriot Ministry of Finance and Director of the Central Cyprus and the Investment Authority there the importance of working in Iraq and the establishment of bilateral partnerships beneficial to Iraq, which seeks a stage of sustainable development.

    http://www.alsabaah.iq/ArticleShow.aspx?ID=148610

  2. #2
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    Default Re: A five-year strategy to open up to global companies


    the global effort is well aware that Iraq is a rich country and comes in the first place in the world size of wealth per square kilometer relative to the population according to
    international centers
    This is something we've all known for years. Glad they are now in a position to capitalize on it. Come on RV.

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