Iraq's New Foreign Investment Law

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With Iraq-s reconstruction barely underway, there are plans to develop a free-wheeling, free-market economy unlike anything else in the Middle East. It will feature low taxes, unlimited banking and 100-percent foreign ownership of any Iraqi business other than oil. While it sounds great for foreign investors, skeptics are asking what-s in it for the Iraqis. Are American business interests being served first? Are there conflicts of interest with the Bush White House? Is the plan even legal? We learn more about Iraq's new foreign investment law from the CEO of the American Iraqi Chamber of Commerce, the future senior banking advisor to the Coalition Provisional Authority in Iraq, a Middle East historian, and Ruth Wedgewood of Johns Hopkins University's International Law and Organization program.
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New Bridge Strategies

Los Angeles Times' poll

Arnold Schwarzenegger's campaign site



Warren Olney