Under the patronage and presence of the President of Basra University for Oil and Gas, Prof. Dr. Mohammed H. Al-Kaabi, under the supervision of the Dean of the College of Industrial Management for Oil and Gas, Dr. Sami H. Al-Saadi, and in the presence of the General Manager of World Pioneers Company for Training and General Trading and the Director of Human Resources for Chinese Hailong Oil Services Company, Mr. Safaa Salman, the Department of Oil Projects Management organized a scientific symposium on the debt trap between reality and exaggerations: Chinese capital as a model, on Tuesday, the 26 of October, and on the conference hall.
China is the most receiving country for foreign direct investment in 2020, and China is Africa's largest trading partner through the establishment of an economic forum for China-Africa cooperation. The trade volume in Africa is estimated at billions of dollars. The symposium also addressed how debt is the reality of lives of most people, companies and countries. Some countries that have fallen into this trap, should encourage the growth of increasing revenues, otherwise they will not be able to pay the interests of the loans. The symposium was for the students of the Department of Petroleum Projects Management, each of the students: Sahar A. Yassin, Zahraa M. Abdel-Sada and Fatima M. Salem. At the end of the workshop, the lecturer answered all the participants’ questions and inquiries.
