Reference no: EM1332993

Marketing-International-minus the legal info request

For the past ten years, DWI has wanted to develop the lucrative Iraqi oil reserves for its exploration, drilling, refining, and transport division; DWI's Oil Division has been limited to Siberia and the South China Sea up to this date, and was precluded from entry into business in Iraq by United States law and U.N Sanctions.

Discuss whether the present situation in Iraq presents new opportunities for DWI to expand its market share into Iraq, the legal and ethical risks and benefits, both short term and long term, of attempting to do so, and identify the government(s) and/or organization(s) with whom DWI should deal should the company embark on a business venture in Iraq.

You should identify which nation(s) have control of Iraq at present and that nation(s) rights and responsibilities under International Law. Also discuss whether the geo-political situation and legal environment would promote or hinder DWI's long term business interests.
For starters, to begin a business presence in Iraq, DWI must start with the US Department of Commerce and their policies for doing business in Iraq. Next stop would be the Secretary of State for security issues, then contacting the Iraq embassy here in the US. Also contacting the US Embassy in Iraq would provide more details of the business and political environment. The following websites will also provide information that will benefit DWI before contacting the agencies described above.