How much longer are we going to hear this stagnating talk? BY MNT GOAT, 23 JULY

MINISTER OF FINANCE: THE GOVERNMENT IS WORKING TO CREATE AN ATTRACTIVE ENVIRONMENT FOR FOREIGN INVESTMENTS

Finance Minister Taif Sami Mohammed confirmed on Sunday that the government is working to create an attractive environment for foreign investments.

The ministry said in a statement, which it reviewed, “Minister of Finance Taif Sami Mohammed received a delegation from the US Embassy to discuss ways to enhance economic and financial cooperation between the two countries, in addition to discussing a number of issues of common interest.”

According to the statement, Sami stressed “the Iraqi government’s keenness to strengthen its relations with the United States in various fields, including the economic and financial field.”

She pointed out that “Iraq has great economic potential, and that the Iraqi government is working to create a favorable investment environment to attract foreign investments .”

For its part, the delegation stressed “the United States’ readiness to support Iraq in its efforts to achieve economic development,” expressing its welcome for “cooperation with Iraq in various fields, including the financial and business sector.”

The statement added that “the meeting also discussed the challenges facing the Iraqi economy, ways to enhance US investment in Iraq, and cooperation in the field of combating money laundering and terrorist financing.”

(Yes, and the WTO asked Iraq to modify their investment law years ago, to which as of today, has not yet done so. How much longer are we going to hear this stagnating talk. How about doing it? )