Iraq's ambassador to the U.S., Samir Shakir Mahmood Sumaida'ie, says the current climate in Iraq should not discourage future investors. "We have suffered nearly 900 suicide attacks," Sumaida'ie said at a Houston World Affairs Council program recently. "Can you imagine any country that can survive such an onslaught? These people who have come out of such trauma deserve to exercise their freedom." As part of Iraq's economic recovery, the country needs foreign investment, such as in the oil industry, which will be mutually beneficial, he added. "Get a foot in the door. The opportunities will be considerable, and we will need you." Despite facing an enemy that is "brutal beyond belief," the Iraqi people are resolved to rebuilding their country and need foreign assistance. Sumaida'ie also spoke against the "speedy withdrawal" the U.S. is currently pondering. For more on this, see the December issue of Oil and Gas Investor. For a subscription, call 713-260-6441.
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