IN PROGRESS* ~ IRAQ - Opportunities for U.S. Businesses Seminar

Related Article ~ On March 23, 2011 ~ IRAQ – Opportunities for U.S. Businesses (also, in conjunction with JP Morgan) ...

IRAQ - Opportunities for U.S. Businesses Seminar
*IN PROGRESS* - Organized by JP Morgan

Mar-23-2011

9:00 AM to 12:30 PM
Description
On Wednesday, March 23rd, The U.S. Department of Commerce's Iraq & Afghanistan Investment & Reconstruction Task and the New York U.S. Export Assistance Center, in conjunction with JP Morgan, will host a half-day seminar discussing the business opportunities for U.S. companies in Iraq.

The seminar will give attendees a greater insight into the types of opportunities for U.S. companies in the reconstruction efforts in Iraq.

There are many business development projects available for U.S. companies, and during the seminar, companies will learn about how to navigate the Iraqi market, the political and economic climate in Iraq as well as the financing opportunities available via the U.S. Government.

This seminar will provide participants with:

An overview of the Iraqi market including the best industry prospects in Iraq, as well as the political and economic climate.

A background on how the U.S. government can help businesses enter the Iraqi market.

Information on security issues/concerns for U.S. businesses in Iraq.

Introductions to EX-IM Bank and the Overseas Private Investment Corporation, two U.S. Government Agencies offering financing for projects in Iraq.

http://www.manhattanccglobal.org/common/Events/eventdetail.cfm?QID=22994&clientID=11002

On March 23, 2011 ~ IRAQ – Opportunities for U.S. Businesses (also, in conjunction with JP Morgan) ...

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__IRAQ – Opportunities for U.S. Businesses__
On Wednesday, March 23rd, the U.S. Department of Commerce's Iraq & Afghanistan Investment & Reconstruction Task Force and the New York U.S. Export Assistance Center, in conjunction with JP Morgan, will host a half-day seminar discussing the business opportunities for U.S. companies in Iraq.

The seminar will give attendees a greater insight into the types of opportunities for U.S. companies in the reconstruction efforts in Iraq.

There are many business development projects available for U.S. companies, and during the seminar, companies will learn about how to navigate the Iraqi market, the political and economic climate in Iraq as well as the financing opportunities available via the U.S. Government.
This seminar will provide participants with:
An overview of the Iraqi market including the best industry prospects in Iraq, as well as the political and economic climate.

A background on how the U.S. government can help businesses enter the Iraqi market.Information on security issues/concerns for U.S. businesses in Iraq.Introductions to EX-IM Bank and the Overseas Private Investment Corporation, two U.S. Government Agencies offering financing for projects in Iraq.This seminar is a MUST attend if:

Your organization is looking for information on assistance in business development in Iraq.

You are looking to make on-the-ground contacts in the Iraqi market.

You need assistance navigating the Iraqi market.

You are uncertain of the many U.S. Government programs available to help your businss locate potential partners and find financing opportunities in Iraq.
http://www.buyusa.gov/nyc/iraq.html

Economists call to activate (Visa card and Alcardt Kart)

Note:

TBI has a sound credit policy in place, and among the many other 'firsts' the bank can claim is the introduction of Iraq's first fully automated online banking system, being the first Iraqi bank to issue VISA credit cards, and the development of the first nationwide network of ATMs in the country. TBI is also the most experienced Iraqi bank in the issuance of Letters of Credit and Letters of Guarantee.

TBI says it is now introducing modern, innovative products and services to the Iraqi market. These include Project Finance, Salary Accounts, Saving Accounts, and Credit Cards.

__________

March 22, 2011
Economists call to activate (Visa card and Alcardt Kart)
Baghdad (news) - called specialists, economists for the activation of the Iraqi banks by offering (Visa card, and Recognizing Kart), which are still very few in Iraq, which help to increase investment and promote economic reality, which would enhance the trade exchange between the Iraqi and international markets in addition to the necessary steps to expand and develop the Iraqi banking sector.

The expert confirmed full of Baldawi (of the Agency news): "The Iraqi citizen has become a more confident Iraqi banks than it was previously, although the Iraqi banks is not qualified enough to offer my services are excellent."

Baldawi and explained why people fear formerly of saving their money in banks is the fluctuations that had occurred as a result of wars and the disposal of government money, banking, But now banks are responsible for compensation in the event of any contingency. "

Alkhbayrpalaguetsadip said: "It is the most important things that are supposed to do in Iraq is (Visa card, and Recognizing card) for ease of carrying large sums of money, which is still carried in his bag of Iraq, calling for the granting of loans that help the private sector."

For his part, said director Abdul Aziz Hassoun, the Association of Banks (the Agency's news): The number of dealers with Iraqi banks has increased and as a result of the growing needs of the many.

He pointed out the importance of reducing interest rates to move the economic cycle, and attracting investment, promoting capital migratory addition to the facilities granted to the international banks to open branches in Iraq.

Hassoun said: "The growing number of individuals in dealing with Iraqi banks was caused by increased use of banking service, which began to increase in the Iraqi market, in addition to the transfer service and raise funds to increase savings."

Hassoun said: "The very important element of trust between the individual and the bank which we have been strengthened at this time through the increase in filings, calling on banks to provide service to the citizen through e-banking", which is now available in more countries in the world.

Alyzlk said an economic expert Sumaisem peace: "There is always a spoken phrase (you can find out the degree of development of community banks, the degree of development of the system), and the banking system is basically the artery is to our daily lives."

She said Sumaisem: "The community development and now do not deal with money, but there Kartat credit, called the (Visa card, and Recognizing Kart), located in all States advanced technology, but in Iraq is still the Iraqi banks suffer from a shortage of the banking system, which suffers from old ways and does not have a system ( Akinkh) any banking transaction which affects the work of investors.

She Sumaisem: "The government banks monopolize the issue of appropriations and Atattiyha to private banks for their role that has remained frozen, but the Bank (tpi) established by the Government of Iraq post-(2003) built on the basis of sophisticated and modern mimic the pattern of banks in developed abroad."

She Sumaisem to the state saw in one of the countries in the process of facilitating Arab banks with difficulty in Iraq, said a Lebanese bank has many branches you can withdraw and deposit money in one of its branches in Doha while the Bank of Iraq, in Baghdad did not allow me to withdraw the amount of it from Oman this one constraints imposed by our banks ".
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