Iraq and Euler Hermes Discuss Support for German Investment

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Iraq and Euler Hermes Discuss Support for German Investment

the administrative Deputy Minister of trade, Sattar Al-Jabri, met representatives of Euler Hermes, the German export credit organization, to discuss methods to support and encourage German funding in Iraq. The meeting become held at the Iraqi Embassy in Berlin at the sidelines of the Iraq financial convention, inside the presence of the Iraqi Chargé d’Affaires.

Discussions targeted on mechanisms for joint cooperation to mitigate investment dangers identified by means of the enterprise for monetary Cooperation and improvement (OECD) and on the sovereign ensures programme with Iraq. The purpose is to create a comfortable and attractive surroundings for German companies in search of to enter the Iraqi market.

Al-Jabri reaffirmed the government’s commitment to strengthening monetary partnerships with Germany and helping investment initiatives in infrastructure, energy, and business improvement sectors.

for their component, representatives of Euler Hermes expressed interest in expanding cooperation with Iraq, noting that financial stability and an advanced business surroundings provide strong incentives for greater German companies to make investments in the u . s ..