On 13th July the Iraq Britain Business Council (IBBC) held its annual conference at Cumberland Lodge near London.
The conference was attended by many British businessmen, heads of British companies and some Iraqi businessmen specialized in the fields of energy, infrastructure, health services. The Council, which was founded about four years ago, is managed by Baroness Emma Nicholson.
The Foreign Minister Hoshyar Zebari gave a detailed speech on political, security and economic developments, as well as investment opportunities available to encourage British companies to work and invest in Iraq.
He also explained the facilities provided by the government for businessmen and investors by facilitating access to visas, the development of laws, regulations and to reduce bureaucracy, fight corruption and create a favorable environment for the work of foreign companies.
The Minister responded to questions and inquiries from the attendance and stressed the keenness of the government to deal with the Council as a reliable partner. The meeting was attended by Iraq’s ambassadors to the United Kingdom and France.