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{ 2008 11 05 }

Iraq and U.S. Confer on Iraqi Economy

The New York Times

November 1st

 

Representatives from Iraq and the United States met on Saturday, November 1st, to discuss ways to stimulate the Iraqi economy.  With oil prices as low as they are, Iraq is struggling to find new sources of income, given that 95 percent of Iraq’s revenue comes from oil exports.  American officials stressed the need for Iraq to sign a security agreement that would maintain the troop levels in Iraq, saying that delays to sign an agreement would keep investors away.  American negotiators presented a series of slides outlining the necessity for the economic, technical and military support and what would occur if a pact was not signed.  The reaction from Iraqi Prime Minister Kamal al-Maliki was somewhat irritated.

Posted by Mohan Fitzgerald on Wednesday, November 5, 2008, at 5:29 pm. Filed under Arab World, Economic Issues, Iraq, Oil. Follow any responses to this post with its comments RSS feed. You can post a comment or trackback from your blog.

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