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Guru mike "Your move Abadi." 2/2/18

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Guru mike "Your move Abadi." 2/2/18

Post  roxy22222222 on Fri Feb 02, 2018 10:28 pm

Article:  "Washington reaffirms its support for the Iraqi economy"   Iraq's leadership just don't get it, the US is ready and chomping at the bit to get the TIFA side of the the project moving and all Iraq has to do is pass the legislation for the banks and the economy and get out of the way. But they don't and then complain about it. We're not going to: "give a signal to US companies that Iraq is open for business." It's not true, Iraq still has some heavy lifting to do before the country is open for outside investment. Property rights, business ownership, the currency, the banks and the economy are not attractive to US investment on a large scale if it doesn't pertain to oil, it's just too risky. Your move Abadi.
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Re: Guru mike "Your move Abadi." 2/2/18

Post  Kevind53 on Fri Feb 02, 2018 11:11 pm

Until security is not a concern, it's too risky for most. Even when that is fully dealt with and secure, we are not going to see a huge upward movement because foreign countries are rushing to invest in a country with few resources other than oil.

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