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View Full Version : Iraq, US sign agreement to set up Iraqi IPA


MotorDown
08-15-2005, 10:17 PM
Sounds like good news.

MENAFN - 15/08/2005

(MENAFN) U.S. Agency for International Development (USAID) Administrator and Iraq's Minister of Planning signed an agreement in Amman, Jordan, to establish the Iraq Investment Promotion Agency, Portal Iraq reported.

The agreement commits USAID to equip the new agency's staff and train them in managing the organization and promoting investment.

Support will be delivered through USAID's Izdihar project, whose staff had worked with the Government of Iraq to develop an investment promotion strategy that culminated in the signed agreement.

With the creation of the Iraq Investment Promotion Agency, Iraq will join the more than 160 other countries with similar agencies that compete for approximately $7 trillion annually in foreign direct investment worldwide.



http://menafn.com/qn_news_story_s.asp?StoryId=103502

Tyreds Tale
08-15-2005, 10:25 PM
I wonder if this IPA will work with individual investors or small business ventures. Probably just the big ones, but it is worth contacting them.