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Business

More Opportunities for German Firms in Iraq

Germany companies have more business opportunities in postwar Iraq than previously expected, the German Chambers of Industry and Commerce (DIHK) announced on Friday. The United Nations and the U.S. administration in Iraq have both floated international tenders for reconstruction projects. The study carried out by the DIHK also stated that Iraqi firms intended to import goods and parts from Germany. In the immediate wake of the war it was assumed that only companies from countries that supported the U.S.-led war would be allowed to take part in reconstruction projects. "The Americans have changed their strategy," the head of Midan, a German-Iraqi organization for the reconstruction of Iraq, Gelan Khulusi, told Financial Times Deutschland.

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