The Iraqi parliament Speaker Iyad al-Samarrai, said that Iraq was about to witness a surge of large foreign investment because of many signed oil agreements.
Samarrai confirmed that, “International companies have started investing in Iraq which leads to further investment, referring to Turkish and Iranian companies and several European firms whch have shown strong interest in coming to our country.”
Samarrai expressed his desire that Kuwait contribute to investment process in Iraq, believing that there is an opportunity for Kuwait if it adopted a formula of debt for investment. Samarrai pointed that this will satisfy Iraqis if Kuwait reacted positively over the issue of compensation. He pointed out that Kuwait would lose out if the compensation funds were re-invested within Iraq.
( Eye media company )