http://www.praguemonitor.com/ctk/?id...ood-conditions
Talabani invites Czech firms to Iraq, promises good conditions
(PDM staff with CTK) 4 October - Czech companies are invited to Iraq and all will be given good economic conditions, Iraqi President Jalal Talabani said yesterday after meeting Czech President Vaclav Klaus at Prague Castle.
Czech companies could take part, for example, in the reconstruction of oil refineries and power plants destroyed in the war.
Possible Czech investments in Iraq will be discussed today and also during Talabani's visit to arms maker Aero Vodochody on Wednesday.
Klaus said the Czech Republic was ready for close political, economic, military and cultural cooperation with Iraq.
Klaus noted that the fact that the Czech Republic was the first European country visited by Talabani after his election was evidence to the close relations between the two countries.
Talabani arrived for a three-day visit to the Czech Republic yesterday.
One of the Czech companies ready to sign contracts in Iraq is Inekon Group which may build a cement factory in Iraq for CZK 4 billion. A preliminary contract has already been signed.
Inekon is also interested in the reconstruction of a hydroelectric power plant, and talks are currently under way on the technical and commercial aspects of the project, Zdenek Moravek of Inekon Group told the Czech News Agency yesterday.
Czech companies are well-known in Iraq and were praised for the quality of their work in the country's industrialisation in the 1970s and 1980s.
Czech trademarks Skoda, Jawa, Sigma and Zetor are very popular in Iraq.
CTK news edited by the staff of the Prague Daily Monitor, a Monitor CE service.
Threaded Mode
