Entrepreneurs will gather in Scarborough (Maine) this month to discuss how to take advantage of economic opportunities in Iraq.
The Nov. 13 conference at the Black Point Inn is sponsored by University of Maine Business School and the U.S.-Iraq Business Alliance, said Dennis Sokol, a Bar Harbor businessman and one of the alliance's founders. Sokol, who also founded the U.S.-Russia Business Council when the Soviet Union collapsed and embraced a free market economy, says there is money to be made in virtually every economic sector in postwar Iraq.
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Sokol said last week he expects to recruit 150 companies by year's end. For now, members of the alliance are being kept secret.
In London last month, Sokol and other conference organizers were greeted by protesters who carved up a cake representing Iraq to illustrate how they think American corporations plan to divide up the country.
Although the alliance apparently has received scant attention in the U.S. media, it has engendered anger and suspicion in Europe, where most citizens have opposed the U.S.-led invasion of Iraq.
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