"[Corruption] is still a problem and that's why it's an issue that I've raised in every one of my meetings with government officials, that this is an issue that needs to be addressed, not just for the benefit of American businesses, but to really strengthen the Iraqi economy," said Sanchez.
"This is not purely an Iraqi problem ... One of the biggest barriers that we face around the world is corruption."
Sanchez said Iraq was a significant market in a broader U.S. plan to double its global exports over the next five years to boost commerce. He singled out sectors such as infrastructure, power generation, telecommunications and oil and gas.
The United States, which has spent some $700 billion on the Iraq war, is the country's third-largest trading partner after Syria and Turkey. Its leading exports include trucks, drilling and telecommunications equipment.
Please click here for a list of the companies taking part in the mission.
(Source: Reuters)
[...] Read Invest in Iraq Now or Miss Out, Says U.S. Envoy. [...]
How does one find local kindred soules? I have been looking on internet for weeks to find people wanting to enter the oilfield service industry & have resigned myself to coming to Iraq insearch of jobs myself.