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Contact Trade and Investment Adviser Ali. Leading UK companies, such as BP and Shell have energy partnerships with Iraq extending over 20 years and beyond. You must have a proven track record in the Middle East and north Africa region to be likely to succeed here. The Free Zones Law provides certain customs exemptions to projects established in one of the 4 free zones in Iraq. Creative finance and professional solutions to increase liquidity in the market to fund projects is a priority for the Federal Government of Iraq. Sizeable contracts have been and continue to be signed with UK businesses robust enough and strategically placed to do business in Iraq. Several categories of goods are also exempt, including food products, medicines, clothes, books and transit goods.

Major UK companies are in the running for huge contracts worth billions of dollars in the Iraqi Kurdistan region. Iraq is in the process of rebuilding and upgrading its infrastructure. The government of Iraq considers their healthcare system to be modelled on that of the UK. There has been strong UK engagement with the Ministry of Municipalities and Public works across the country. Discussions between Healthcare UK and the Kurdistan Regional Government are underway. The commitment to move away from state owned industry and create a private sector necessitates the need for more diverse and better financial and professional services. There are over 200 British companies operating in Iraq, including BP, Shell, Standard Chartered, PricewaterhouseCoopers, Weir Group, Petrofac, AMEC Foster Wheeler, Pell Frischmann, Astra Zenica, Landrover Jaguar and JCB. Despite this, commercial opportunities are huge as the country rebuilds its infrastructure and main institutions. Iraq has replaced the original Customs Law, No. You must have a visa in advance of travelling to Iraq. Opportunities span the whole defence and security sector with the UK offer bound by export license requirements.

The Iraqi market is not for the fainthearted. You must comply with the Iraqi federal laws governing business activity. The values of contracts are worth billions of dollars, and the scale of the supply chain sector is immense. Approval of a hydrocarbon law is essential to further unlocking more commercial opportunities in the energy sector. Iraq is a challenging market. However, Iraqis emphasize the importance of being present in Iraq to do business.

Projects which have been granted an investment licence are exempt from this tariff for a period of time, as determined by import type. The Ministry of Finance has responsibility for the Iraqi tax system. You can also check the current UKEF cover position for Iraq. The Kurdistan Board of Investment regulates the Kurdistan Region. About USD 93 billion has been allocated to fund new ground power generation installations. Contact Trade and Investment Adviser Sara. The political and security situation remains fragile in Iraq. UK to help shape a healthcare blueprint.

It can be an ideal location to conduct business for UK companies unable to travel to Iraq. Team in Iraq for help in setting up a branch office. Contact Trade and Investment Adviser Dhuha. Team in Iraq to help find tax and legal advisers before entering into agreements. The Gulf region is a gateway to Iraq as most of the larger companies have their bases in the Gulf region. Enforcement of IP rights is challenging in Iraq.

The Iraq Investment Law No. Shell, in a joint venture with Mitsubishi, was also awarded a contract to develop the Iraq South Gas Project. The working week is Sunday to Thursday. Britons who travelled to Iraq and Syria to fight with ISIS had died. They are absolutely dedicated, as members of the Islamic State, towards the creation of a caliphate. British converts to ISIS could be reintegrated back into society. Hill told the BBC on Friday that Britons who joined ISIS out of naivety should be spared prosecution if they returned home. ISIS, who had said his mission was to make sure every foreign ISIS fighter in Syria died there. British government minister told the BBC on Sunday.

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By all accounts, the overall relationship between the US and the Muslim world is marked by confrontation at several levels. America and the Muslim world. The preference for unilateral action in foreign policy under the Bush Administration, culminating in the use of force against Iraq in 2003, has unquestionably created. Cold War era, focusing on its leadership in the two wars on Iraq.