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The DIB provides you with an ideal network
right in Baghdad, which is where New Business
in Iraq is generated. Some European companies
have their offices outside Iraq - for example
in Amman - thereby de facto cutting themselves
off from the country's rapid development. For
security reasons the DIB usually holds business
meetings for foreigners in Amman, Dubai or Aqaba,
but on top of this also offers a direct connection
with the Iraqi capital.
The right time for investments: Now that
the elections have been held all the signals are
pointing to growth. In spite of its current difficulties
Iraq has the potential of becoming one of the
biggest export markets for German products in
the medium term. German companies are held in
high esteem by Iraqis and, in international comparisons,
products and expertise from the Federal Republic
rank ahead of their rivals from the USA, Great
Britain or Japan. Because of the unusual situation
in Iraq it is precisely now that unusual deals
can be clinched. At any rate German companies
should be preparing themselves for entry into
the Iraqi market with a suitable portfolio of
goods and services.
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