Business with Baghdad set to boom

[Tom Yossarian Joad]

With a new government in Baghdad ready to roll out the red carpet for Indian businessmen, India's once thriving economic ties with Iraq, which took a hit after the US-led invasion in 2003, are poised to bounce back.

Over 100 Iraqi businessmen are visiting India almost every month (their number has doubled from the last year) and the Indian mission in Baghdad is getting deluged with inquiries from Indians wishing to do make money in a new Iraq.

"It is high time that India and Iraq start talks on galvanising trade ties and open a new chapter in our economic cooperation," Muayad Hussain, charge d' affaires in the Iraqi mission said.

Says HS Meiji, special adviser (Iraq cell) with the Federation of Indian Chamber of Commerce and Industry (FICCI): "The situation is improving in Iraq. There is a big momentum building up on the business front in Baghdad. India must catch up with vast opportunities in store for it."

more: http://www.hindustantimes.com/news/181_1370949,00050004.htm

[brainshrub]

1. Key word: "boom" (As in car-bomb.)

[Cooley Hurd]

2. Another example of letting the city desk intern write the headlines...

"Boom" couldn't be a more poor choice of words...:thumbsdown:

[KlatooBNikto]

3. Has the software boom in India made them soft in their heads?

[ckramer]

4. That's what I thought that Boom

as in "KaBOOM"

[pinniped]

5. Yup, Kaboom!

.

[Deja Q]

6. Hopefully kaboom.

After reading how rampant piracy is in the countries corporate americans are sending our jobs to...

I. No. Longer. Care.

:cry:

Thanks to peak oil, few people will have problems anymore anyway. Hurry it up, PO.

[donsu]

7. with no or intermittent electricity and water - business is such fun

booming all over the place in Iraq.