Tuesday, March 6, 2012

Economist suggests the exploitation of Baghdad summit to cancel the debts owed to the Arab countries

Tuesday 03/06/2012

Baghdad (news) .. the economist suggested Salem Daini raising the issue of cancellation of debt owed by Iraq by the Arab summit in Baghdad for the purpose of building the economy and development.
The Daini (the Agency news) on Tuesday: Iraq has all the elements of investment and could attract countries in the world to him and has a wealth of large oil qualify as state actors in the market, the world's oil, so it could benefit Iraq of these elements of large economic pressure on Arab countries to cancel debts the fact that most European countries and East Asia has canceled all debts owed by Iraq with the exception of the Arab countries.
He stressed: the need to exploit the presence of Arab leaders summit in Baghdad to cancel all debts incurred as a result of wars and sanctions on Iraq that has passed in order to promote the economy and not influenced by this huge debt.
He added the federal government to impose conditions on the countries that send its companies to invest in the country, which granted privileges to the interests of Iraq and its people Kalghae debt or interest in the advancement of the Iraqi economy.
According to an economist is that most of the countries of the world wars of intervention and a large fight in order to build its economy, but Iraq has yet to play a real role and effective for the advancement of the national economy and development. / Finished / 8. D. Q /

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