Long-Presse / Baghdad
Revealed the US Embassy in Baghdad, on Wednesday, to trade achieved with Iraq since the beginning of this year until the month of August now reached more than $ 2.6 billion, and as pointed out that Iraq’s imports totaled $ 4.57 billion, indicated that there is a desire among the American companies to invest in Iraq.
A spokesman for the US embassy in Baghdad Kim Dboa in an interview with (long-Presse), that “the bilateral trade exchange between Iraq and the United States in 2015 produced a value of $ 6.6 billion, including an Iraqi imports worth $ 4.57 billion, crude oil form 97% of them “noting that” US exports were valued at 1.97 billion dollars, which centered largely on heavy machinery, vehicles, electrical equipment, aircraft spare parts and grain. “
He Dboa, that “in terms of trade for the current year it since the beginning of 2016 until the present month of August, the bilateral trade exceeded between the two countries Al2.6 billion dollars,” pointing out that “the business of US-led American Chamber of Commerce, which has re-work sector recently he expressed great interest in investing in Iraq in non-oil sectors. “
He Dboa, that “the embassy noted the commercial private sector’s interest in investment opportunities including in security, energy and the environment, construction, health care, agriculture and religious tourism, infrastructure development, key sectors,” stressing that “Iraq also imports large quantities of agricultural goods, machinery and consumer goods from the United States.” .
He explained Dboa, that “the embassy will help to introduce US businesses to the Iraqi market and to provide official invitations between governments in the business of US and provide excellent services through the Commerce Department for the purpose of contributing to find local partners in Iraq and assist in the resolution of trade disputes and understand the laws and regulations framework that regulate trade between the United States and Iraq, “noting that” the embassy does not affect the investment of the private business sector or choose to work in Iraq. “
And on the impact on economic trade activities between Iraq and the United States on the Iraqi economy, he stressed Dboa, that “American institutions, for example, competes largely on bids energy sector, which significantly affect the commercial activities between the two countries as the United States is encouraging bilateral trade growth between the two countries. “
The US ambassador in Baghdad, Stuart Jones, announced on Tuesday (10 March 2015), that the trade exchange between Iraq and the United States totaled more than $ 16 billion at the time, confirmed that more than seven billion of them Iraqi exports, and in attributing the lack of his large companies in the Iraqi market to work with local agents, he pointed out that Washington is looking to expand its relations “strategic” with Baghdad.