Until last month, pointing out that a large number of Czech companies will work on the construction and rehabilitation of many of the factories and companies Iraqi giant, including the establishment of railway starts from Baghdad with Basra and Mosul, Pzakho expiring, as well as the rehabilitation of tractors LAB Alexandria (Antar), The establishment of a giant plant for the manufacture of cement, with international advanced in Dahuk, with production capacity of 7000 tons per day and a total value of $ 450 million ..
Several decades
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He said Dr. Khalil Sniff in an extended meeting with the (morning) : The Czech side on the verge of signing of a number of contracts with Iraq for the establishment and rehabilitation of a number of oil refineries, where some companies have already signed such agreements so to rehabilitate and develop refineries, Baiji, Basra session, as well as the agreement reached between the Czech Republic and Iraq to build Msavyin cards productivity significantly in each of Sulaymaniyah and Dahuk, in addition to another refinery to be agreed upon now in Amarah ..
Sniff explained that the rise in the volume of bilateral trade and industrial cooperation between Iraq and the Czech Republic is a long extensions of up to the last 1940s, as well as many of the giant industrial companies and the big oil refineries and auto plants in Iraq is the creation of Agrabah Czech therefore that the Czech Republic is again ranked this developed in fact the Iraqi industrial ..
Fund for Iraq reconstruction
Noting that the Czech Republic has sought to normalize relations with Iraq through the establishment of a fund for the reconstruction of Iraq in the Foreign Ministry and the Czech significant budget, in addition to the ongoing sessions hosted by the Czech side to develop the skills of Iraq all levels, The economic advisor to a number of Czech companies now discuss the rehabilitation of 80 carriages and railway construction to begin passing through Basra and Baghdad, Mosul and ending Pzakho, as well as those companies seeking to rehabilitate the glass factory in Ramadi, in addition to the creation of the largest plant for the production of cement in the region with production capacity of more than 7000 tons and financial value of $ 450 million, indicating the importance of the establishment of such labs, those productive capacities so as to the feet of Iraq to the reconstruction campaign and build large, It is forced to import cement from neighboring countries in large amounts ..
Encouraging investment law
Sniff expected arrival of many Czech companies giant to Iraq, especially after the adoption of the investment law, which allows those companies to operate freely, and Sniff said : I am very satisfied with this law because it reassures foreign investors as it has many facilities that help investors to work in Iraq ..
Sniff but hinted that the security aspect remains the only obstacle to the arrival of these companies, in addition to the decline in banking performance, which did not go so far to a level consistent with the ambition of the investment law, adding that the investment law needs more flexibility and transparency and procedures that facilitate the arrival of foreign investor, as well as poor means of communication which is still weak and which hinder the work of investors and businessmen and firms heavily dependent on the quality of sophisticated communications ..
Invitation to develop
Fiscal and monetary policies
Sniff also pointed to the need to be consistent monetary and financial policy with the investment and this policy must be linked by an ad hoc committee is also working to interpret the Investment Law in a comprehensive manner to allow others know well, in addition to that of this Committee to develop (a) Implementation of the investment law. And these things that would reassure investors and paid for work in Iraq ..
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Sniff and that Czech companies entered into Iraq strongly, and evidence of this is the volume of exports, as it hit this year until the end of May last more than $ 30 million ...Moreover, the Czech reassure began to work in Iraq, especially through the gate of Kurdistan, which led us to open a liaison office of economic issues in Irbil. As many companies have moved to enter the Iraqi market and from various professions including exists regarding Palmsafi known as the Czech extraction operations in exploration and refining, as well as industry and railway cars and private industry security regulations, education, transport and many other disciplines other ..
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Pointing out that several companies began work effectively in Iraq and the company Prokop Tknowaksport company specializing in industry refineries and extraction, refining oil derivatives ...
Ready to rehabilitate
Electricity projects
Sniff also said : The Czech government will soon drop the entire debt owed by Iraq, in support of the transformation process taken by Iraq, which are substantially similar to the transformation process, which coincided with the Czech Republic, where the economic reality that the Iraqi similar
To a large extent the economic reality
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Indicating that the Czech side expressed readiness heavily on the construction and rehabilitation of power stations and the speed with which the Iraqi side deems appropriate, pointing out that the energy industry in the Czech Republic enjoys a high reputation in many European countries, and is willing to establish the largest stations obstetric ..
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He explained that the contacts had taken place on this matter with the Ministry of Electricity, but the many obstacles faced .. But Sniff expected to be cooperation in this aspect ..
Constraints
He expressed concern about the economic adviser to the obstacles facing the work of the foreign investor or the Czech Specifically, describing these obstacles (constraints) that are without the advent of investors to Iraq and said : Sniff : Our inability to contact Iraqi officials and the lack of corporate websites or Iraqi ministries (the Web site) in addition to the constraints of other routine complex, made many investors away from flowing to Iraq.
Sniff pointed out that the Czech side will many of the important trade fairs in (Prague), which are the work of Iraqi trader, as well as the participation of the Czech Republic in all the exhibitions held for the reconstruction of Iraq, whether in Kurdistan or in the neighboring countries ...
(C P A)
He added that the first Czech States rushed to the reconstruction of Iraq through the body (C P A) has sent many experts and professionals to take advantage of their expertise in
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Iraq ..
As for the possibility of cooperation by some Czech companies with the private sector, said the Iraqi Sniff : all know that the sector faced a largely been marginalized by the former regime, which is now suffering greatly because of this marginalization, therefore, the government must first with the support of this sector and to provide him all the privileges to make it able to collaborate with large global corporations, especially in the area of reconstruction, and without this sector can not move the economic process in Iraq ..
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He added .. When there is no private sector is capable of creating a solid ground for industry, agriculture or tourism, trade or any other area of economic development, then with the can deal? .
Private sector support
A Sniff of the existence of many projects that can support the private sector, which has already taken to the Czech Republic in order to upgrade by the private sector, which now plays a key role in the overall economic movement.
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Among these projects, the support of small loans unemployed youth, and this is very important to get labor in addition to the revival of small enterprises are able to attract manpower as well as the lifting of the production process, as well as the importance that the government would bring in small labs to the private sector, in addition to the ongoing search for mechanisms and laws in support of the