CNN News Interview with Ali Allawi

[haggisbasher]

News on Iraqi ecconomy coming on CNN.stay tuned.
Hope it good news:happy64:

[Adster]

What, like a r/v?! :lmao: :lmao:

Keep us informed please.

[haggisbasher]

Todd Benjamin on Business International,spoke with Ali Allawi the Iraqi MOF,
Discussed Politics,Security,Debt,Investment and Oil,good to see these things being spoke about on the media,nothing new BUT what did get my attention was being able to Invest in a couple months.:happy64:

[JASONTL]

Iraq hopes to produce at least 2.5 mln barrels of oil a day by the end of 2006 but will need significant foreign investment to reach that target, Iraqi Finance Minister Ali Allawi told CNBC Europe television.

'We need to have substantial investments from international oil companies because the level of investment required to bring up our production capacities will be above our ability to finance [the increase].'

He stressed that Iraqi authorities had to make sure 'our oil investment policies are clear, transparent and ... set a clear guideline for any would-be foreign investor.'

Asked about measures to protect oil pipelines, he said: 'I think 2006 should be a year where stability and stabilisation will be realised in the country.'

Iraqi Oil Minister Ibrahim Bahr al-Ulum earlier this month said the country hoped to turn out 3 mln barrels a day by the end of 2006 and 3.5 mln by December 2007, compared with current production of about 2 mln barrels a day.

http://www.forbes.com/markets/feeds/afx/2005/12/28/afx2416988.html

[louieknucks]

I really hope that they are able to reach these goals in the next couple of years. It's actually pretty amazing how quickly the government is hopefully starting to come together and govern themselves.

[BIG WAVE]

Ukrainian, Iraqi trade rose to $100 million 7 years

MENAFN - 28/12/2005

(MENAFN) The Ukrainian president said that the trade volume between Iraq and Ukraine has grown from $1.5 million to $100 million since 1998, RIA Novosti reported.

According to the president, the Ukrainian peacekeepers had fulfilled their mission in Iraq and helped promote trade and economic and political relations with the country.

He Added that Ukraine's presence in Iraq helped the country strengthen its international positions.
http://www.menafn.com/qn_news_story_s.asp?storyid=120231

[dxbboy]

Ukrainian, Iraqi trade rose to $100 million 7 years

MENAFN - 28/12/2005

(MENAFN) The Ukrainian president said that the trade volume between Iraq and Ukraine has grown from $1.5 million to $100 million since 1998, RIA Novosti reported.

According to the president, the Ukrainian peacekeepers had fulfilled their mission in Iraq and helped promote trade and economic and political relations with the country.

He Added that Ukraine's presence in Iraq helped the country strengthen its international positions.
http://www.menafn.com/qn_news_story_s.asp?storyid=120231

Already posted with more details:
Ukrainian-Iraqi trade up 67-fold in 7 years
http://www.investorsiraq.com/iraqi-economy/13267-ukrainian-iraqi-trade-up-67-fold.html

[messiah]

18 Dec 2005
News: Iraq plans to triple oil production

Iraq plans to raise its oil production capacity to as much as six million barrels per day (bpd) by 2011, up from the current output level of around two million bpd, the Iraqi oil minister said on Monday.
Iraq is currently pumping some two million bpd, way below its pre-war output of around three million bpd, the minister said.

http://www.occkw.com/iraq/view_news_main.asp?pid=938

:huge: