Germans Trying For Iraq Business

German companies are finding that they are not doing the business they would like in Iraq even as a massive rebuilding effort is underway. A Frankfurt newspaper reports:

Chancellor Gerhard Schr�der's opposition to the U.S.-led attack on Iraq has made it more difficult for German companies to enter the Iraqi market, especially because American and British companies are dominating the initial rebuilding effort.

Until things settle down in Iraq, German companies are therefore more likely to profit from getting one of the 900 subcontracts from U.S. companies.

But many German firms have signaled they prefer direct engagement in Iraq rather than subcontracts from the U.S. or British companies dominating the rebuilding effort.

Now, isn't that just too bad?

The article is by Aaron Kirchfeld.