Baghdad (NINA) – Prime Minister, Nouri Al Maliki, announced that the Iraqi government agreed with the South Koreans to implement projects in Iraq on the on credit payment.
In a press conference before departing to South Korea, Maliki said “heading to Korea today with a ministerial delegation of ministries specialized in services is part of efforts exerted by the government in this direction. We will hold talks and visits on preliminary issues to discuss comprehensive agreements in services and construction.”
“The agreement includes projects in transportation, housing, health, education, higher education, electricity, and other domains. The contracts to be signed will be paid on the on credit payment system because Iraq’s oil and gas income are increasing now, a thing that gives Iraq credit in international markets and companies looking for investments opportunities,” he declared.
He referred that “Iraq is the best country in investment domain; we want to benefit from the Korean experiment as it is an industrial country. We want to use the Koreans’ expertise in building the state.” /End/
