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
china wholesale market

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: September 3, 2015
UAE. Business conditions improved at the strongest rate in six months, driven by sharper expansions in output and new orders. Marked growth of new work resulted in greater pressure on operating capacity, however, as backlogs of work rose at the quickest pace since the survey began in August 2009.
date:Posted: September 3, 2015
UAE. UAE's GDP growth in 2015 should reach 3.9% thanks to more established diversification efforts; Despite lower oil prices, GCC must not discourage investment in alternative energy supplies.
date:Posted: September 2, 2015
UAE. Report, conducted by Deloitte and MIT Sloan Management Review, reveals that the ability to digitally transform and reimagine a business is determined in large part by a clear digital strategy supported by leaders who foster a culture able to change and reinvent their organizations.
UAE. Business conditions improved at the strongest rate in six months, driven by sharper expansions in output and new orders. Marked growth of new work resulted in greater pressure on operating capacity, however, as backlogs of work rose at the quickest pace since the survey began in August 2009.
dhgate