US Secretary of State, Hillary Rodham Clinton, didn’t mince her words:
“According to the IMF, Iraq is projected to grow faster than China in the next two years. Now, let me repeat that, because when I read it I said, okay, are you sure because we always think of China as being the juggernaut? But no, indeed, Iraq is projected to grow faster than China … Iraq has one of the largest customer bases in the entire Arab world. It has one of the world’s largest supplies of oil, and it has one of the best educated workforces in the region.“
While not shying away from the fact that Iraq “remains a tough environment“, the Secretary went on to urge businesses in Iraq to hire more women, and to encourage American firms to enter the country.
Iraq’s future clearly depends on the expertise and capital that foreign companies can bring, and there is plenty of business there for all nationalities.
With that in mind, Iraq Business News is launching an important new communication facility for government departments, NGOs, trade associations and training organizations. This country-specific service is called ‘Your Country’ – please click here to find out more.