Baroness Nicholson's Speech to Investment Forum

Speech given by Baroness Nicholson of Winterbourne, UK Trade Envoy for Iraq and Chairman of the Iraq Britain Business Council, to the ‘Investment Forum in Iraq and Kurdistan Region’, Rotana Hotel, Erbil:

‘I am indeed grateful for the privilege of addressing this eminent audience,and I thank most warmly the President of The Kurdistan Federation of Chambers of Commerce and Industry and President of the Erbil Chamber, Mr Dara Al-Khayat for his kind invitation and for his Federations’s continuing great work.

May I thank too the President of the Iraqi Chambers of Commerce and Industry, Mr Jaafar Al-Hamdani. The Chambers of his Federation, who cover the Federal Republic of Iraq are well known to us all for their continuing hard work, overall excellence and high standards. And I thank the Governor, Mr Nowzad Hadi and the people of Erbil for their gracious hospitality throughout this conference.

It was indeed a pleasure to hear the Governor speak earlier this morning; and for the conference to be addressed first by Deputy Prime Minister Dr Roche Nuri Shaways who powerfully reminded us of the huge investment opportunities now offered throughout the regions of Iraq and Kurdistan. His Excellency Mr Adnan Kassar brings the entire Arab Union Chambers of Commerce, Industry and Agriculture to Erbil and his members know of the extraordinary business and industry strengths Iraq and the Kurdistan region possess.

I speak today as Chairman of the Iraq Britain Business Council,which is based in London, Erbil, Basra and Baghdad. Our work is designed to facilitate stronger commercial and industrial partnerships between our countries,and to open up new opportunities for our member companies in Britain and Iraq.

We are an international organisation which takes full advantage of the global reach of the City of London and, too, of the truly international nature of the UK. Our membership reflects Britain’s multinational businesses and is not confined to companies that began in the UK.

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