Iraqi Dinar Discussion Board

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Interested in the transfer of experience to Baghdad - French companies: Iraq is a large market able to absorb ((600)) billion dollars


3/29/2010 4:45:07

The French delegation that visited Baghdad on the eve of legislative elections, which included both the Minister of Industry Christian Astrozzi, President and Vice-Mayor of Nice, and four deputies, including former ministers, two Renault Muselier and Jacques Blanc, in addition to Daniel Garrick President of the Friendship Group of the Iraqi - French and Bernard Kazuo Senator . accompanied the delegation also 20 heads of companies and representatives from 40 major French companies, the mission of these companies will be the investment in vital sectors such as: health (pharmaceutical) water and (executing a pure water facility which will provide four million of Baghdad's population by 2013, drinking water), in addition The transportation sector will be implemented as these companies Baghdad Metro Project and infrastructure of bridges, roads, power stations, housing projects, will also specialized companies implementing projects related to space (draft Iraqi satellite) maintained by Thales let alone education projects and research centers.

Coordinator of the French Embassy in Baghdad confirmed that French companies will announce the availability of many jobs for Iraqis. The French Embassy in Iraq has established a fund with a capital of up to more than one billion Iraqi dinars, subject to renewal, to fund projects to assist poorer Iraqi citizens to create jobs and provide essential services to the poor.

The French ambassador said that France is optimistic about the future of cooperation to avoid any kind of interference in internal affairs of Iraq. Iraqi Minister of Industry Fawzi Hariri, said "The visit of this delegation affirmed the keenness of France's relations with long-term strategy, adding that the economic opportunities are very large, and Iraq is promising market and welcomes the French companies its terms of reference of all, adding that he looks forward to many meetings with the French. The minister revealed Iraqi industry that the files are stuck with the French government has pledged to solve this problem, and there are joint committees to work in this area because it is not just files, or obligations, but are moral obligations more than what is contractual. The French minister among his part, said thanks the French President, who visited Iraq since He added: Since that time, we meet every day to strengthen the relationship with this friendly country, noting that Iraq's large market able to absorb more than 600 billion dollars, which is very important, and the possibilities of Iraq was capable of reconstruction in all fields. And went on to say: what prompted me to visit Iraq is our solidarity with this country since the Iraqi President's visit to Paris a year ago, we have expressed our support for Iraq and confirmed that our relations with the old and solid. The minister also revealed that the oil companies, France large will participate in the file, the Iraqi oil through contracts of assignment and investment despite the fact that Total has attracted only a small part in the investment area, but we are interested in the transfer of experience to Baghdad, and we know that Iraq needs all types of commodities, both production and consumption .

We had a number of members of the French delegation who asserted reassuring French companies to invest in Iraq, and high efficiency for French companies in the field of transport (the fastest train in the world France), and France's determination to communicate with Iraq at various levels. It is known that the latest agreements signed with the French (late last month) included three memorandums of understanding to develop the petrochemical industry and rehabilitation of cement plant Kerbala as well as compilation of Renault cars and bus manufacturer. The French-Iraqi relations has seen a marked improvement after the visit of French President Nicolas Sarkozy to Baghdad in 2008, has been launched this visit, a race in which dozens of major French companies in a bid to win contracts in the Iraqi market.


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