The Time is Now

By Padraig O’Hannelly.

What are we to make of the current situation in Iraq? The country has a new government, which is a positive development, but the Prime Minister’s nominations for some key posts have been rejected.

Meanwhile, the US is hitting the Islamic State (IS) with airstrikes, but President Obama confirms that there will be no ‘combat mission’ on the ground.

Understandably, many are wondering what all of this means for redevelopment and commercial activity in the country. In discussion yesterday with the UK’s Trade Envoy to Iraq, Baroness Nicholson, I got a very definite answer to that question:

“The response of America and its allies to the threat of IS is a clear signal that Iraqis will not be left isolated. Defending the population from terrorism will be a priority and a challenge for years to come, but the international community is committed to stand with Iraq for the long haul.

“That message has been heard clearly around the world, and international businesses are already stepping up their activities in many areas of the country; the time to invest in Iraq is most definitely now!”

To emphasise the point, Baroness Nicholson said that in recent weeks three new members have joined the Iraq Britain Business Council (IBBC), which she also chairs. “Each new member is another vote of confidence in the future of Iraq“, she added.

(Flag image via Shutterstock)

 

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