American Forces Press Service (Aug. 10, 2007): long-term security in Iraq depends on economic conditions, official says.WASHINGTON -- Getting Iraqis back to work is critical to Iraq's future as a stable, secure, and prosperous country that can stand up to terrorists, the Defense Department official overseeing that effort said today. Iraq's long-term security depends on a strong economic climate, Paul Brinkley, deputy under secretary for business transformation, told online journalists and bloggers during a conference call from Baghdad. More than 50 percent of the Iraqi population is out of work or underemployed un·der·em·ployed adj. 1. Employed only part-time when one needs and desires full-time employment. 2. Inadequately employed, especially employed at a low-paying job that requires less skill or training than one possesses. , a statistic Brinkley said would create unrest anywhere, including the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "Terrorist networks are preying on this economic distress" in Iraq, he said. He cited Army Gen. David H. Petraeus' counterinsurgency coun·ter·in·sur·gen·cy n. Political and military strategy or action intended to oppose and forcefully suppress insurgency. coun vision for Iraq: a security establishment augmented by rapid economic development and restoration of employment and hope to the Iraqi people. This two-pronged approach "directly undermines the ability of terror networks and insurgents Insurgents, in U.S. history, the Republican Senators and Representatives who in 1909–10 rose against the Republican standpatters controlling Congress, to oppose the Payne-Aldrich tariff and the dictatorial power of House speaker Joseph G. Cannon. to gain sympathy from local populations and makes the job of securing this country vastly easier," Brinkley said. As director of the task force to improve business and stability operations in Iraq, Brinkley is working to ensure the economic side of Petraeus' equation keeps pace with security progress. The task force's number one focus is Iraq's idle industrial base, which fell into distress after 2003 and left many Iraqis out of work. Congress recently appropriated $50 million to the task force to speed up the restart To resume computer operation after a planned or unplanned termination. See boot, warm boot and checkpoint/restart. of Iraqi industries, Brinkley said. The first step to getting Iraq's factories up and running is to ensure they have the sewer, water, electrical, and telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. they need to operate, he said. As the U.S. reconstruction effort brings Iraq's neglected infrastructure up to speed, it's laying the foundation for Iraq's economic development. Brinkley cited several recent and upcoming milestones that mark progress: * More factories are reopening Reopening Treasury offerings of additional amounts of outstanding issues, rather than an entirely new issue. A reopened issue will always have the same maturity date, CUSIP number, and interest rate as the original issue. . These factories, to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. Aug. 13 during a joint news conference with Iraqi officials, will join six Iraqi factories already operational throughout Iraq. * A reopened Iraqi clothing factory announced its first orders for export. Major U.S. retailers are involved, and some Iraq-made clothes are expected to be on U.S. shelves in time for Christmas. * Executives from major U.S. corporations recently visited Iraq to explore ways to put Iraqis back to work manufacturing vehicles and heavy equipment for the Iraqi government and Iraq's private transportation infrastructure. * More than 30 plant managers from around Iraq attended a session last week to discuss efforts to reemploy Iraq's skilled workforce and the need for financial transparency in spending funds allocated toward this effort. Brinkley said this kind of success breeds more success and gives the Iraqi people hope for the future. He expressed confidence that these and other efforts under way will help Iraq regain its past reputation for having "one of the most skilled and educated workforces in the Middle East." Miles writes for American Forces Press Service The American Forces Press Service (AFPS) is the news service provided by the American Forces Information Service, part of the United States Department of Defense. It supplies news stories pertaining to the activities of U.S. military forces around the world. . |
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