14 May 2012
ERBIL - Nine Arab and foreign countries are participating in a two-day international economic conference in Karbala.
The conference - which was opened by Iraq's Education Minister Ali al-Adeeb - was organized by the University of Karbala and is attended by many researchers, academics and experts.
Over the two days the gathering will discuss the problems facing the Iraqi economy through the discussion of scientific research. Adeeb added that the research "must be implemented in order to develop the society".
The conference will discuss 52 topics, the most important being monetary and financial reform, international economic relations, energy and management of the economy in addition to environmental issues related to sustainable development and economic reform.
The countries taking part in the conference are Tunisia, Morocco, Algeria, Kuwait, Qatar, Norway, Sweden, Russia and Romania.
A statement issued by the Iraqi Education Ministry quoted Adeeb as saying that the industrial governmental companies should be developed through the contribution of the private sector in addition to the sectors of archaeology and religious tourism because of their economic returns.
The statement added that Iraq's economy needs more care and attention.
Adeeb, who belongs to the Dawa Party led by Prime Minister Nouri al-Maliki, called on universities to establish centers for economic research, adding that Iraq will establish a university specialized in administrative and economic development science.
Iraq seeks to attract international companies to invest in it after years of wars, sanctions and violence.
Karbala, which is located southwest of Baghdad, is considered an important religious and tourist center that attracts thousands of visitors from several countries on every religious occasion.
ERBIL - Nine Arab and foreign countries are participating in a two-day international economic conference in Karbala.
The conference - which was opened by Iraq's Education Minister Ali al-Adeeb - was organized by the University of Karbala and is attended by many researchers, academics and experts.
Over the two days the gathering will discuss the problems facing the Iraqi economy through the discussion of scientific research. Adeeb added that the research "must be implemented in order to develop the society".
The conference will discuss 52 topics, the most important being monetary and financial reform, international economic relations, energy and management of the economy in addition to environmental issues related to sustainable development and economic reform.
The countries taking part in the conference are Tunisia, Morocco, Algeria, Kuwait, Qatar, Norway, Sweden, Russia and Romania.
A statement issued by the Iraqi Education Ministry quoted Adeeb as saying that the industrial governmental companies should be developed through the contribution of the private sector in addition to the sectors of archaeology and religious tourism because of their economic returns.
The statement added that Iraq's economy needs more care and attention.
Adeeb, who belongs to the Dawa Party led by Prime Minister Nouri al-Maliki, called on universities to establish centers for economic research, adding that Iraq will establish a university specialized in administrative and economic development science.
Iraq seeks to attract international companies to invest in it after years of wars, sanctions and violence.
Karbala, which is located southwest of Baghdad, is considered an important religious and tourist center that attracts thousands of visitors from several countries on every religious occasion.
© AK News 2012
