70% Jump in US Companies Considering Iraq

The Iraqi Embassy in Washington DC dealt with nearly 5,000 applications from American companies hoping to do business in Iraq last year, a 70% jump from 2010, according to an article from Chicago Business.

Among the companies mentioned are the Schaumburg, Illinois-based manufacturer Quality Float Works Inc., which mades devices to control liquid flows in machinery.

Another is Navistar International, whose subsidiary Navistar Defense supplied the U.S. military with about 9,000 trucks during the occupation. Now it's aiming to become a commercial truck supplier.

Northbrook, Illinois-based NewMedical Technology Inc., which makes a scar-reducing gel, is diving into what company Vice-president Jeff Dziura described as “cumbersome” regulatory paperwork in order to sell in Iraq.

(Source: Chicago Business)

(Picture: Navistar)



One Response to 70% Jump in US Companies Considering Iraq

  1. ajaz 29th June 2012 at 12:36 #

    i'm intrested in iraqi stock market,but i don't know how to enter in market .plz tell me,ajaz