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Post by claud39 on Wed Mar 27, 2019 6:53 am

http://economy-news.net/content.php?id=15983



 1.7 billion euros in German investments in Iraq




27/03/2019





 1.7 billion euros in German investments in Iraq 13997









Economy News Baghdad



The five-day meeting of the German-Iraqi Economic Forum was concluded Tuesday in Berlin with the participation of Finance Minister Fuad Hussein and Industry Minister Saleh al-Jubouri and the Iraqi delegation accompanying them.
The forum was organized by the German-Arab Chamber of Commerce and Industry in cooperation with the German Chamber of Commerce and Industry and the Iraqi Embassy in Berlin. The forum was held at the German Economic House, calling for the implementation of the results that have been achieved on the ground in order to serve the economy of the two friendly countries.
"Iraq needs to diversify its sources of income, reorganize the tax and customs system and regulate the banking sector to play a role in investment and strengthen the private sector," Finance Minister Fouad Hussein said.
Volcker Trier, head of foreign trade at the German Chamber of Industry and Trade, expects more German investment contracts in Iraq, where growing trade opportunities exist in the country. Current trade statistics have revealed an intensification of economic cooperation between Berlin and Baghdad, To 1.7 billion euros.
Bilateral trade in 2017 was more than 1.6 billion euros, and the Iraqi market has great potential for the German economy as the government has set ambitious and viable projects by 2022.
German parliamentarian Peter Ramzur hopes to participate actively in the process of political and economic reconstruction, especially in the projects of electricity, energy, water, health and housing, and Germany provides extensive humanitarian assistance in liberated areas of Iraq.
"The forum provides an excellent opportunity to exchange business opportunities with high-level decision makers such as ministers and businessmen, build useful networks and learn about the latest projects in the Republic of Iraq," said Abdul Aziz Al Makhlafi, Secretary General of the Chamber.
The economic specialist Ghadir Al-Attar commented on this event, describing it as important and effective in serving the economy of Iraq as it contributes to intensifying the international effort to reconstruct the liberated cities affected by terrorism.
"The investment of the results of the fifth session of the German-Iraqi Economic Forum and its implementation on the ground would stimulate the rest of the countries to send their investment companies and enter the Iraqi market, given the size of German investments in the country," Al-Sabah said.
He added that "Iraq now proved its ability to open the economy to the world and neighboring countries in the first degree through the signing of economic agreements recently with Jordan, Kuwait and Iran."
In turn, economic researcher Aya Adel considered that "the holding of international economic forums with Iraq will have a positive impact on investment companies that the country is more than a promising investment opportunity as it needs to rehabilitate the infrastructure that requires the influx of international companies specialized in the field of reconstruction."
She pointed out that "it is necessary to activate the recommendations that result from such economic forums because their results serve an important aspect of the economy of the country is the activation of investment, which is a gateway to create employment opportunities for young people and reduce unemployment rates, as well as investment improves the level of income of individuals and contribute to achieving A large part of the requirements for overall economic stability. "
claud39
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 1.7 billion euros in German investments in Iraq Empty 1.7 billion euros in German investments in Iraq

Post by claud39 on Wed Mar 27, 2019 7:28 am

http://alsabaah.iq/6695/1-7-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D9%8A%D9%88%D8%B1%D9%88-%D8%AD%D8%AC%D9%85-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D9%84%D9%85%D8%A7%D9%86%D9%8A%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82

[size=36][rtl]1.7 billion euros in German investments in Iraq[/rtl][/size]


Tuesday 26 March 2019





 1.7 billion euros in German investments in Iraq Alsabaah-9302










Berlin / Morning / Mohammed Mahboub
 
 

The five-day meeting of the German-Iraqi Economic Forum was concluded Tuesday in Berlin with the participation of Finance Minister Fuad Hussein and Industry Minister Saleh al-Jubouri and the Iraqi delegation accompanying them.
The forum was organized by the German-Arab Chamber of Commerce and Industry in cooperation with the German Chamber of Commerce and Industry and the Iraqi Embassy in Berlin. The forum was held at the German Economic House, calling for the implementation of the results that have been achieved on the ground in order to serve the economy of the two friendly countries.
"Iraq needs to diversify its sources of income, reorganize the tax and customs system and regulate the banking sector to play a role in investment and strengthening the private sector," said Iraqi Finance Minister Fuad Hussein.
Volcker Trier, head of foreign trade at the German Chamber of Industry and Trade, expects more German investment contracts in Iraq, where growing trade opportunities exist in the country. Current trade statistics have revealed an intensification of economic cooperation between Berlin and Baghdad, To 1.7 billion euros.
Bilateral trade in 2017 was more than 1.6 billion euros, and the Iraqi market has great potential for the German economy as the government has set ambitious and viable projects by 2022.
German parliamentarian Peter Ramzur hopes to participate actively in the process of political and economic reconstruction, especially in the projects of electricity, energy, water, health and housing, and Germany provides extensive humanitarian assistance in liberated areas of Iraq.
"The forum provides an excellent opportunity to exchange business opportunities with high-level decision makers such as ministers and businessmen, build useful networks and learn about the latest projects in the Republic of Iraq," said Abdul Aziz Al Makhlafi, Secretary General of the Chamber.
The economic specialist Ghadir Al-Attar commented on this event, describing it as important and effective in serving the economy of Iraq as it contributes to intensifying the international effort to reconstruct the liberated cities affected by terrorism.
"Investing in the results of the fifth session of the German-Iraqi Economic Forum and its implementation on the ground will stimulate the rest of the countries to send their investment companies and enter the Iraqi market, given the size of German investments in the country," Al-Attar told Sabah.
He added that "Iraq now proved its ability to open the economy to the world and neighboring countries in the first degree through the signing of economic agreements recently with Jordan, Kuwait and Iran."
In turn, the economic researcher, Ayed Adel, that "the holding of international economic forums shared with Iraq will have a positive impact on investment companies that the country is more than a promising investment opportunity as it needs to rehabilitate the infrastructure that requires the influx of international companies specialized in the field of reconstruction.
She pointed out that "it is necessary to activate the recommendations that result from such economic forums because their results serve an important aspect of the economy of the country is the activation of investment, which is a gateway to create employment opportunities for young people and reduce unemployment rates, as well as investment improves the level of income of individuals and contribute to achieving A large part of the requirements for economic stability
General ".
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Posts : 10580
Join date : 2018-11-04

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