Important Info about Investing

[Stalyn]

http://www.zmag.org/content/showarticle.cfm?SectionID=15&ItemID=5916

Here is a great article on investing in Iraq.

[Marilyn]

Good article explaining CPA Order 39....


"...A rather harmless looking CPA order number 39 o*n Foreign Investment was issued as part of this laundry list last September 19, 2003. Not more than six pages long, it disguises its true weight, for it carries with it the same impact of a 100-page free trade agreement and covers all essential elements of an investment agreement that usually take years for countries to agree upon. In o*ne swift move, the US installed a market economy geared towards "promoting foreign investment through the protection of the rights and property of foreign investors in Iraq..."

[TwoTone]

Scary how the CPA just paves the way for a lot of major corporations ( American ) to come right in and continue the practices that they using in the states for so long.
Yes it is very beneficial for a lot of us but it scares me to think about what the future holds.



TT

[Jared]

Scary how the CPA just paves the way for a lot of major corporations ( American ) to come right in and continue the practices that they using in the states for so long.
Yes it is very beneficial for a lot of us but it scares me to think about what the future holds.



TT

It can be changed as well, the CPA information is not set in stone. Better to give someone a direction that they can look at and modify rather than having them reinvent the wheel.

Jared :wave:

[Marilyn]

I agree with Jared...

The article presented the CPA order with a definite slant. Some folks are taking the position that the US is providing too much protection of it's investors and that order 39 is too broad and creates a Trade Agreement without the benefit of arbitration.
I'm sure it was quicker to start off with something that was "ready to go" and then tailor it to the countries needs as they develop a sense of where they're headed. We needed the freedom to invest and protections, to encourage the investors to put their hard earned dollars into Iraq instead of Microsoft or Lucent or Phizer.

Regards