Germany and Iraq sign investment accord

Newswire

BERLIN, July 23 (Reuters) - Germany and Iraq have signed a bilateral investment agreement aimed at bolstering business ties between Europe's largest economy and the oil-rich state.

German Economy Minster Michael Glos and Iraqi Industry Minister Fawzi Al-Hariri on Wednesday initialled the accord in Berlin as German firms announced plans to invest in Iraq. "Backed by investment guarantees by the federal government ... German firms can in future make an important contribution to the ...

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