The Iraq Britain Business Council (IBBC) Executive Chairman, Baroness Nicholson has announced the biggest ever trade mission to Iraq.
In a push to boost UK business in Iraq UKTI and the IBBC will take 100 UK companies to Baghdad, Basrah and Erbil in mid-June.
The mission will be led by David Willetts, Minister of Universities and Science and Baroness Winterbourne of the IBBC. Delegates on the mission will meet with senior Iraqi politicians and officials, supported by the British Ambassador, Embassy and UKTI teams.
In a speech at the IBBC’s Mansion House conference, Foreign Office Minister Alistair Burt praised the mission saying that trade between Iraq and Britain has increased by 40% in the last year and is now worth £1 billion annually.
The mission, which is aimed primarily at small to medium sized enterprises will focus on a variety of sectors, with a particular focus on healthcare, higher education, oil and gas, power, construction and infrastructure and the financial and professional services.
(Source: UK FCO)