Release date: 2018/2/13 22:32
Baghdad seeking the second day of reconstruction in Kuwait especially from the private sector and local and international investors to attract conference and offered them to invest in various fields, the US Secretary of State Rex Tillerson stressed that “Daesh” gangs still represent ” Serious threat “despite recent military victories in the region.
US Secretary of State Rex Tillerson on Tuesday called on the international coalition to continue the war on a duel after the recent victories in Iraq and Syria.
This came during a speech to ministers and representatives of the 74 member countries and organizations within the coalition and community in Kuwait, where he also organizes since Monday a conference for the reconstruction of Iraq after the devastating war with the jihadist organization.
The private sector joined Tuesday’s massive reconstruction workshop in Iraq. Baghdad, seeking to raise some $ 90 billion in financial pledges at the conference, sought to reassure investors by offering financial and legal incentives.
“When we launched our campaign in 2014, the organization of the Islamic State was expanding, but today it has been defeated,” Tillerson said in a speech to representatives of coalition states and organizations.
but warned that the end of major military operations against Dahesh “does not mean that we have defeated him completely.”
Iraq announced the final victory over a pacifist in December after Iraqi forces and the popular mobilization restored large parts of the country that were seized by terrorist gangs in mid-2014.
The gangs also lost the terrorist zones that were controlled by Syria in the same military campaign Which was also accompanied by strikes against Russian troops stationed in Syria and allied with the regime of Syrian President Bashar al-Assad.
But even though “98 percent of the territory controlled by terrorist gangs in Iraq and in Syria was liberated,” the US secretary of state said the organization was still “a serious threat.”
“We must continue our fight against the terrorist organization as it continuously seeks recruitment and operations operations over the Internet,” he said, calling for “strengthening the strength of our coalition to counter the networks of foreign fighters affiliated with” the terrorist organization.
Kuwaiti Foreign Minister Sheikh Sabah Al-Khalid Al-Hamad Al-Sabah warned that despite “positive developments and remarkable results on the ground”, “the international community continues to face a direct threat from armed terrorist groups.”
Washington supports Syria’s “Kurdish People’s Protection Units,” which are fighting a dossier. “On January 20, Turkey launched Operation Olive Branch in northern Syria against the group it classifies as” terrorist. ”
In his speech, the US secretary of state, who is visiting Turkey This week expressed his country’s concern over events in northern Syria, calling on “all parties to continue to focus on defeating the Islamic state organization.”
While Washington was calling for continued war on the terrorist organization in Iraq and Syria, Baghdad sought on the second day of the conference Reconstruction to attract investors who fear the security situation In this oil-rich country, which has been witnessing wars for nearly four decades
The head of the National Investment Commission in Iraq Sami Araji representatives of companies in the private sector, “Iraq is open to investors”
He said that Iraq offers to the private sector investment in most sectors, Oil, talking about 212 projects allocated by Baghdad to local and international investors and include “legal protection.”
Among these projects are the construction of oil refineries, housing, power plants, airports, railways, trains and roads.
Araji also said that Iraq intends to establish four free zones in the next ten years.
In turn, Oil Minister Jabbar Laibi announced that Iraq intends to increase its oil production by about 2.3 million barrels to reach its daily production by 2020 to seven million barrels. Iraq currently has the capacity to produce five million barrels, but it produces 4.7 million barrels commitment to the agreement to reduce the production signed between OPEC oil countries and beyond.
The efforts of the Kuwait International Conference on Iraq Reconstruction are focused on gathering commitments and pledges from donors and investors. Baghdad announced on the first day of the conference that Iraq needs $ 88.2 billion, including $ 20 billion in an urgent and the rest in the medium term.
Iraq relies on international donors, especially the private sector. The value of contributions and financial pledges will be announced on Wednesday.
But rampant corruption is one of Baghdad’s biggest challenges in seeking funds. Iraq ranks 166th out of 176 countries on the list of the most corrupt countries according to the latest list issued by Transparency International.
The head of the legal department of the National Investment Commission Nizar Nasser Hussein, said that the laws in Iraq do not differentiate between the domestic investor and foreign, noting that foreign investors can establish Iraqi companies.
He also stressed that Iraq intends to exempt investors from income tax for a period of 10 to 15 years.
Araji gave a brief picture of opportunities, circumstances and investment gains in Iraq, saying investors “face high risks, but they come in return for big profits.”