Kuwaiti Ambassador: A large Kuwaiti economic delegation will visit Baghdad soon.

19/12/2012 09:15:00

BAGHDAD / NINA / Kuwaiti Ambassador to Iraq Ali Al-Mo'min declared a close visit of a large economic delegation to Baghdad to strengthen relations between the two countries.

He told the National Iraqi News Agency / NINA / "The Kuwaiti investor wants to enter the Iraqi market in all sectors, particularly in the housing sector because of its pioneering experience in this area, in both locally and foreign investment levels"

He added "What Hinders the investment in Iraq is bureaucracy and red tape, which need real deal and to provide facilities, in order to open the Iraqi markets to the investors in general and Kuwait in particular."

He continued: "The Kuwaiti investor, since years ago, entered in the Iraqi market, but individually, and what we need, during the coming period, is the entry of investors and companies in order to contribute in the building of Iraq and to promote joint relations."

Kuwaiti Ambassador participates, as head of his country's delegation, in the 29 sessions of the Arabs Ministers of Housing and Construction, which opened yesterday in the presence of Prime Minister Nuri al-Maliki. / End


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