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Friday, December 03, 2010

SCHUTE: Missed business opportunity in Kurdistan - Washington Times

"SCHUTE: Missed business opportunity in Kurdistan
Turks, Iranians and Jordanians invest while we sit on sidelines

By Harry Schute Jr.

The Kurdistan Regional Government released significant news recently. It announced that Houston's Marathon Oil Corp. had acquired operating positions in four oil blocks in Iraqi Kurdistan. This is good news for oil development in Kurdistan and American business in Iraq. Another news story that same day went unnoticed by the Western press. The four-day Erbil International Fair came to a successful conclusion with nearly 850 companies participating. Only two American companies came to the fair. Where were the rest of the Americans?"

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