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Iraq shows his map of investment through the United Nations Conference on Trade and Development

Posted: April 25, 2012 

Baghdad: JD Department of Commerce announced in a statement broadcast by Information Office of the Deputy Minister Walid al-Habib al-Musawi delegation was led by the Iraqi Technical Co in the activities of the UN Conference on Trade and Development (Alanoctad) thirteenth, which is currently being held in the Qatari capital Doha for the period from 21 to 26 of this month.

The delegation includes representatives from the Ministries of Foreign Affairs, Finance and Industry and Minerals as well as a representative of the Central Bank and National Investment Commission as well as private sector representatives from the Federation of Chambers of Commerce and the Federation of Iraqi Industries.

The statement said the conference witnessed several economic activities on the sidelines of the conference, including the World Investment Forum and the Forum a special trade in services and the other the role of women in development.

The statement emphasized that the Conference Alanoctad will discuss the fundamental issues affecting the reality of developed and developing countries alike, especially those put forward by the Secretary-General of the Anoctad in the draft negotiating text, which focused on four key points related to improving the economic environment and the promotion of investment, trade and project-based initiative and address the challenges of development as well as intensify all forms of cooperation for trade and development.

The statement disclosed that the Undersecretary of the Ministry of Commerce and Walid Habib Moussawi, head of the Iraqi delegation will deliver a speech at the conference included several topics, including Iraq’s position on the issues raised, particularly in the negotiating text, which supports the activating role of developing countries in the formulation of the new economic order, which aims to find the globalization in the service of sustainable development and comprehensive as well as the call to take advantage of investment opportunities in Iraq being one of the rich and the riches of its human resources.

It is worth mentioning that Iraq is a founding member of the UN Conference on Trade and Development (Alanoctad) as a principal organ of the General Assembly of the United Nations on issues of trade and development, which was set up in 1964.