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To: smolejv@gmx.net who wrote (45853)2/9/2004 5:48:21 AM
From: elmatador  Respond to of 74559
 
<<any ideas?>> Buy ATT Wireless with overvalued BGP, such as Vodafone is bidding for, is not enought o justify it.

Seriously, I haven't got a clue but it is an anomaly.



To: smolejv@gmx.net who wrote (45853)2/9/2004 6:19:21 AM
From: elmatador  Respond to of 74559
 
Iraqi finmin wants German companies to invest-paper
Mon February 9, 2004 03:52 AM ET

FRANKFURT, Feb 9 (Reuters) - The Iraqi finance minister said his country wants German companies' investment even though the United States has barred them from bidding for reconstruction contracts, a German newspaper reported on Monday.
"The Iraqis want the Germans to come," Kamel al-Keylani told business daily Handelsblatt. "Many German companies have been here for years," he said.

Germany has agreed to offer substantial debt relief to Iraq, even after Washington angered opponents of the Iraq war by saying it would bar them from bidding for lucrative reconstruction contracts.

The United States initially barred France, Germany and other countries that opposed the U.S.-led war in Iraq from bidding on prime contracts for $18.6 billion in U.S.-funded Iraqi reconstruction projects.

Washington has since said Canada can bid in a second round of contracts in Iraq and U.S. officials have said France, Germany and Russia may soon be permitted to do so as well.

"If we want a certain German firm here and can give reasons for that, why should the company not receive the contract?" al-Keylani told the paper.

He said that politics did play a role in the awarding of contracts but "if it's about finding the best solution for Iraq, then I do think that we will have German companies here."

Kuwait's National Mobile Telecommunications Co (NMTC.KW: Quote, Profile, Research) chose Germany's Siemens (SIEGn.DE: Quote, Profile, Research) in October to be the equipment supplier for part of a northern Iraq mobile phone grid the Kuwaiti firm will build.

A Siemens spokesman confirmed on Monday the engineering group was in talks with U.S. engineering and construction giant Bechtel as a subcontractor for a power generation project.

Siemens Medical has also long been active in Iraq under the oil-for-food programme.

The spokesman declined to say whether the company was in direct talks with the Iraqi interim government.

German Chancellor Gerhard Schroeder is expected to discuss the situation in Iraq and the state of transatlantic relations when he meets U.S. President George W. Bush in Washington on February 27.