and the us secretary of state rex tillerson announced a three billion dollar loan from ex-im bank to help the country rebuild. the funds that we've announced that we've already committed and that we announced today there were are committing our all around stabilization in iraq and syria this is the first step that then provide the conditions for reconstruction. we have to first restore the basic utilities and keep the area safe and secure in order for reconstruction to begin the conference is taking place just two months after iraq declared victory over the so-called islamic state it's an achievement the government is hoping will convince international businesses that now is the time to invest in the country's future. earlier in the day tillerson laid a wreath at a gulf war memorial a reminder of just one conflict iraq is hoping to leave behind as it braces itself for what it hopes will be a more prosperous future. and for more on the iraqi donor conference i'm joined by felix knight got c.e.o. of the german chamber of commerce in the gulf states he joins us in kuwait good to have yo

and the us secretary of state rex tillerson announced a three billion dollar loan from ex-im bank to help the country rebuild. the funds that we've announced that we've already committed and that we announced today there were are committing our all around stabilization in iraq and syria this is the first step that then provide the conditions for reconstruction. we have to restore those basic utilities and keep the area safe and secure in order for reconstruction to be again the conference is taking place just two months after iraq declared victory over the so-called islamic state it's an achievement the government is hoping will convince international businesses that now is the time to invest in the country's future. earlier in the day tillerson laid a wreath at a gulf war memorial a reminder of just one conflict iraq is hoping to leave behind as it braces itself for what it hopes will be a more prosperous future. and for more on the iraqi donor conference i'm joined by felix nygaard c.e.o. of the german chamber of commerce in the gulf states he joins us in kuwait good to have you wi

decades of conflict the united states has already pledged a loan was three billion dollars from ex-im bank but that's only a fraction off what is needed numerous iraqi cities were reduced to rubble in the war against islamic state it will take time and lots of money to breathe life back into iraq rebuilding a country that looks like this doesn't come cheap iraq estimates the cost that close to ninety billion dollars and these are some of the people the iraqi government hopes will help finance it high ranking officials from the world of politics and business here to find out what part they might play in the reconstruction of the country. the government is offering projects in almost every sector of the economy including the energy industry. seem in c.e.o. joe kayser told d.w. his company is renovating for power plants and that securing electricity is iraq's biggest challenge at the moment. and u.s. secretary of state rex tillerson announced a three billion dollar loan from ex-im bank to help the country rebuild the funds that we've announced that we've already committed in the additional mo