It was only a matter of time that foreign governments were gonna start holding any pending US business contracts hostage due to the current EO-travel ban. SO is government gonna allow US business be held hostage? – PB/TK
U.S. diplomats warning GE’s major deals in Iraq at risk over travel ban – By TARA PALMERI and BRYAN BENDER
The Iraqi government is warning that a pair of pending deals with General Electric could be at risk from President Donald Trump’s travel ban, according to internal State Department documents.
The industrial conglomerate, which builds everything from nuclear reactors to aircraft engines, already has sizable interests in Iraq, including power contracts worth more than a billion dollars and hundreds of employees in the country.
But U.S. diplomats, citing a senior Iraqi government official, are reporting that the Baghdad government “was preparing to sign two more deals with U.S. company General Electric that could be negatively affected, and that the prime minster wanted to expand Iraq’s cooperation with GE into the health, transportation, and aviation sectors, as well as sign a maintenance contract with GE worth billions of dollars,” according to a memo obtained by POLITICO.
Continue to politico.com article: http://www.politico.com/story/2017/02/iran-travel-ban-general-electric-234517
