Sunday, July 25, 2010

The Arab League calls for investment in Iraq ...

July 26, 2010

The Arab League calls for investment in Iraq

I promised the country's most fertile for the implementation of projects

القاهرة - اسراء خليفة Cairo - Lo-Khalifa

League of Arab States called on all member states to invest in Iraq, which promised fertile Arab country to implement projects in all areas.

Assistant Secretary-General for Economic Affairs of the Arab League Mohammed bin Ibrahim Al-Tuwaijri stressed the need to support Iraq economically and increase investment.

Tweirgy said in a statement the "morning": "We support the approach of Arab States to invest and economic projects in Iraq as fertile an Arab country for investment," noting that "the restoration of the security situation in Iraq constitutes a key factor for the return of investments Maysahm in the process of reconstruction."

The Arab official said: "We look forward to accelerate the formation of the government in Baghdad to be able to complete their preparations for next Arab summit, which he said:" It is a great solidarity with Iraq at this difficult stage. "

Also revealed Tuwaijri the existence of extensive studies carried out by the Arab League to issue a uniform visa available for investors Arabs to encourage movement between Arab countries and thus encouraging them to channel funds to development projects needed by Iraq, especially that there are many countries that have increased their investments in Iraq recently, including Turkey, which trade with Iraq amounted to 7 billion dollars and aims to increase that to 20 billion dollars in the next term.

Tuwaijri has said that: "Iraq has many of the wealth and natural resources that should be ideally used by engaging in investment projects, including that will benefit him and the welfare of the people of Iraq."

Alsabah