Monday, October 6, 2008

Battle for business begins as military hostilities in Iraq take peaceful turn

A fall in the number of attacks across Iraq has emboldened a growing list of companies, including ArcelorMittal, Royal Dutch Shell and Cairn Energy, to explore opportunities in the resources-rich country for the first time since the invasion.

Southern Iraq, where British forces have been based since 2003, is an area of particular interest, sitting on one of the world’s biggest oil and gas reserves. It also has a strong industrial and agricultural base and the country’s only port.

To read the full Times article by Deborah Haynes click here

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