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Talabani invites Czech firms to Iraq,
promises good conditions
4.10.2005
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(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. |

Czech Rep. president: Vaclav Klaus, Photo: CTK

Iraqi
President : Jalal Talabani |
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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
www.praguemonitor.com
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