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| Sunday, 5 December 2004 |
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Iraqi businessmen to woo investors in Swiss, Austria GENEVA, Saturday (AFP) A team of Iraqi businessmen is visiting Switzerland and Austria to encourage companies such as Nestle to invest in Iraq, insisting that the violence there will stop after elections at the end of January. The private sector will play the most important role in Iraq's long-term economic development so the potential benefits for foreign investors are huge, said members of the 20-strong contingent from the Baghdad Chamber of Commerce. "We want to talk to the outside world, we want to liaise with the outside world, we want to show the outside world that Iraqi businessmen are united... and we are ready for joint ventures," said Mohammad Hassan al-Kazzaz, president of the commerce chamber. "We have spoken to companies (in Switzerland) and they will visit Iraq," he told reporters in Geneva on Friday, the first day of a three-to-four-day tour. Ten members of the Baghdad Chamber of Commerce have travelled to Switzerland to meet representatives from a range of companies including Swiss food giant Nestle, the biotechnology company Serono and Ciba Speciality Chemicals. |
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