The governor of Basra Majid al-Nasrawi discussed in Basra on Wednesday with the executive manager of the Standard and Chandler Bank, Ghavin Weshart, the possibility of mutual economic cooperation.
According to a statement, received from Nasrawi's office, "The meeting discussed means of sustaining economic between the local government and the international banks since Basra is expecting huge strategic projects and these projects require sober international banks to provide financial support."
The statement concluded, "Basra is expected to have a great economic growth which forces the local government to build a compatible banking system since Basra is qualified to be the economic capital of Iraq."
Updated 29 Aug 2014 | Soruce: AIN | By S.Seal