MIGA HELPS IRAQ CREATE PETROCHEMICAL SECTOR

BY KEITH NUTHALL

THE MULTILATERAL Guarantee Agency, of the World Bank, is considering a US dollar USD 5 million guarantee to foster a petrochemical industry in Iraq. Turkey's Karo Dis Ticaret ve Sanayi Ltd wants planned investment in an Iraq PET plant protected against transfer restriction, expropriation, war and civil disturbance.

ENDS


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