Iraq seeks US expertise in reconstruction projects
Source: BI-ME with AFP , Author: Posted by BI-ME staff
Posted: Sun June 19, 2011 12:14 pm

IRAQ. Prime Minister Nuri al-Maliki told visiting US Transportation Secretary Ray LaHood on Saturday that Baghdad wants American companies to work on reconstruction projects in Iraq, the premier's office said.

"Iraq is planning to improve roads, seaports and airports, and make use of the experience by American companies in these fields," his office said in a statement.

LaHood arrived in Baghdad earlier the same day for talks including plans to rehabilitate Iraqi ports and boost maritime trade, an embassy spokesman said.

He is to "meet with senior Iraqi government officials to discuss a wide range of issues related to our enduring civilian commitment to the government and people of Iraq," said David Ranz.

A 2008 Strategic Framework Agreement signed by the two countries "envisions robust civilian cooperation in a broad range of fields, including in the area of transportation," Ranz said in a written statement.

"The United States and Iraq have agreed to cooperate in the fields of air, land, and sea transportation as well as in the rehabilitation of Iraqi ports and the enhancement of maritime trade," the US embassy spokesman said.

Much of Iraq's trade, transportation and industrial infrastructure was destroyed during three decades of war and sanctions, and finally during the 2003 US-led invasion.

Around 45,000 American troops are still in Iraq, mostly tasked with training and equipping their Iraqi counterparts.

All of them must withdraw from the country by the end of the year, under the terms of a security pact, but US officials are pressing Baghdad to decide quickly whether or not it wants an extension.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
date:Posted: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
date:Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
dhgate