Siemens chief German: Trump denied us the deal of electricity Iraq

by **claud39** Thu Nov 08, 2018 10:38 am

https://www.alaraby.co.uk/economy/2018/11/8/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%B3%D9%8A%D9%85%D9%86%D8%B3-%D8%A7%D9%84%D8%A3%D9%84%D9%85%D8%A7%D9%86%D9%8A%D8%A9-%D8%AA%D8%B1%D8%A7%D9%85%D8%A8-%D8%AD%D8%B1%D9%85%D9%86%D8%A7-%D9%85%D9%86-%D8%B5%D9%81%D9%82%D8%A9-%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82

[rtl]Siemens chief German: Trump denied us the deal of electricity Iraq[/rtl]

8 November 2018

Siemens chief German: Trump denied us the deal of electricity Iraq 368

[rtl]Siemens, Germany's chief executive, Joe Keyser, said Trump had played a role in trying to  block the German company's deal with the Iraqi government and push for the full deal to be awarded to US General Electric.

In an exclusive interview with Deutsche Welle on Thursday, Kaiser said US President Donald Trump had put great pressure on Iraqis to give US General Electric a deal to develop the electricity sector in Iraq.[/rtl]

[rtl]He pointed out that the German company recently signed a memorandum of understanding to develop the electricity sector in Iraq.

"It is clear that there  are extraordinary forces involved  in the deal," he said. "Siemens has enormous power in the United States, employing 60,000 people and indirectly creating another 150,000. So we are also an American company, and I think we deserve it. Respect and equality in the workplace ".[/rtl]

[rtl]The agreement was signed on the Iraqi side by Electricity Minister Qassem Mohammed Al-Fahdawi and Siemens Chairman Joe Keizer, who then chanted: "This is a milestone on the new Iraq road, where we signed an understanding agreement with  the Iraqi government toexplore how to implement the roadmap. To every home, job creation, health care, skills development and more. "Our commitment to the Iraqi people has not diminished."

Earlier, the Iraqi Electricity Ministry announced two separate agreements with Siemens and GE to develop the country's electric power sector.

The agreement aims to solve the electricity crisis in Iraq through contracts and agreements will be elaborated later with the aim of rehabilitating generating units and convert the number of others into complex cycles as well as the processing of new generation plants to produce  electricityAnd other transformational stations of different capacities in selected locations, as well as improving energy transmission and distribution networks.

Iraq's electricity production and distribution sector has been plagued by major problems for more than 15 years.

The affected  exports of Germany 's largest economy in Europe trade war and besieged Trump has, as exports fell unexpectedly in September / September last, registered a weak end of thethird quarter, which saw the economic recession for the first time in about 3 years.

Exports in September fell 0.8 percent from August, beating expectations of a 0.4 percent rise, Bloomberg reported.

The fall in exports was accompanied by a  drop of 0.4 percent in imports , while Germany's trade surplus shrank to 17.6 billion euros ($ 20.09 billion).
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