June 2010 ITU
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- Trade Delegation to China Sees Opportunities, Challenges in the Clean-Energy Sector
- A Prosperous Trading Partner Looks for U.S. Products and Know-How
- Building a Prosperous and Sustainable Future for the Americas
- Short Takes
- Trade Calendar
- Featured Trade Event: Trade Mission to Iraq
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Sunrise, Baghdad, Iraq. (photo © Craig DeBourbon/iStock)
Trade Mission to Iraq
October, 2010
Baghdad, Iraq
Interest from U.S. companies in exporting to the Iraqi market is at an historical high following the successful U.S.–Iraq Business and Investment Conference in October 2009 and the meeting of the U.S.–Iraq Business Dialogue (see the November 2009 issue of International Trade Update). This trade mission will build on those events and will take representatives from 15 to 20 U.S. companies to Baghdad for four days of briefings and one-on-one business appointments.
Security continues to improve in Iraq, and the government has made progress in building a commercial environment that is more conducive to trade and economic development. In November 2009, for example, the Iraqi parliament passed an amendment to the country’s investment law that allows foreigners to own land for housing projects. The government has also budgeted more than $80 billion for infrastructure development, which will focus on a number of large construction, highway, railway, telecommunications, and security and defense projects.
Iraqi business culture emphasizes personal contacts; therefore, this trade mission will allow participants to personally meet a broad range of Iraqi government officials and potential business partners.
The fee to participate in the mission is $5,200 for a single participant from a small or medium-sized enterprise and $6,000 for a participant from a large firm. Interpretation and security detail services are included in the fee. The deadline for applying is July 19, 2010. Applications received after that date will be considered only if space and scheduling constraints permit.
For more information, visit the mission’s Web page or contact Jessica Arnold of the USFCS, tel.: (202) 482-2026; e-mail: iraqmission@trade.gov.
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