Iraqi firms will be able to bid for contracts
Published:
10 December 2003 y., Wednesday
Companies from countries opposed to the conflict in Iraq will be barred from bidding for new rebuilding contracts worth $18.6bn, the Pentagon has said. US Deputy Defence Secretary Paul Wolfowitz said the policy was necessary to protect America's "essential security interests".
The 26 prime contracts cover areas such as oil, power, communications, water, housing and public works centres.
The ban would exclude firms from countries such as France and Germany.
The Bush administration hinted - even before the conflict - that countries opposed to the war would pay a price when it came to a share in post-war reconstruction, says the BBC's Pentagon correspondent Nick Childs.
Now, the Pentagon has published formal guidelines from Mr Wolfowitz confirming that companies from those countries cannot bid for new reconstruction contracts.
"It is necessary for the protection of the essential security interests of the United States to limit competition for prime contracts of these procurements to companies from the US, Iraq, coalition partners and force contributing nations," he said.
Other companies may bid for sub-contracts.
Šaltinis:
BBC News
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
A record 131 economies around the globe reformed business regulation in 2008/09, according to the IFC–World Bank Doing Business 2010 report.
more »
The World Bank’s Board of Directors today approved a US$5 million grant to improve the quality of electricity services in Haiti and strengthen the financial and operational performance of Electricité d’Haïti, the public electricity utility.
more »
Firuza Ziyoeva, a 42-year old mother of five, lacks any sustainable income for her family – her husband is unable to work due to disabilities and their children are all young.
more »
The Managing Director of the International Monetary Fund (IMF), Mr. Dominique Strauss-Kahn, made the following statement today regarding Singapore’s commitment to increase fourfold its contribution to the Fund’s New Arrangements to Borrow (NAB) by US$1.5 billion, to a total of US$2 billion.
more »
Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in I half-year 2009 made LTL 19 billion, while imports – LTL 21.2 billion.
more »
Since 7 September 2009 AB Bank SNORAS for residents and economy subjects begins to distribute a new savings product - certificates of deposits.
more »
“We are 53 diverse countries differently affected by the crisis, 1 billion people that cannot be ignored”. That was the stark message to Members of Parliament's Development Committee from Donald Kaberuka, the head of Africa's Development Bank at a hearing on 3 September in Brussels.
more »
The European Investment Bank has granted a EUR 450 million loan to AENA (Aeropuertos Españoles y Navegación Aérea) for upgrading and expanding Spain’s air traffic control facilities in order to optimise their overall efficiency and ensure that they comply with international regulations.
more »
Statistics Lithuania informs that in August 2009, against July, prices for total industrial production sold increased by 0.9 per cent.
more »
Despite signs the near two-year U.S. recession may be over - Americans are still finding it hard to get a job.
more »