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Parliamentary economy: study the amendment of the Investment Act to end the routine
1/27/2015
BAGHDAD / Center Brief for the Iraqi Media Network ((IMN - Deputy Chairman of the Committee on Economy and Investment in the House of Representatives Harith al-Harthy said that a serious study and amend the investment law to end the red tape currently in place, and to achieve the flexibility that must be treated by the investor Committee. He Harthy (IMN) that "a good investment law includes clauses to activate the investment, but the problem was in the application process mechanisms, which made the investor collide with government procedures, which are not attractive for investment, especially in the issuance of licenses investment process." Pointing out that "the Kurdistan region of procedures are very simple and may not take more than one day for granting the license." He continued that "we urge the National Investment Commission and the Investment Commission of Baghdad, as well as the investment authorities in the provinces to facilitate the investment process and to refrain from actions that impede the thorny investor. The Commission said the economy and investment representative, earlier, it is working on a plan to attract Arab and international investment companies and investors, support the national economy.
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1/27/2015
BAGHDAD / Center Brief for the Iraqi Media Network ((IMN - Deputy Chairman of the Committee on Economy and Investment in the House of Representatives Harith al-Harthy said that a serious study and amend the investment law to end the red tape currently in place, and to achieve the flexibility that must be treated by the investor Committee. He Harthy (IMN) that "a good investment law includes clauses to activate the investment, but the problem was in the application process mechanisms, which made the investor collide with government procedures, which are not attractive for investment, especially in the issuance of licenses investment process." Pointing out that "the Kurdistan region of procedures are very simple and may not take more than one day for granting the license." He continued that "we urge the National Investment Commission and the Investment Commission of Baghdad, as well as the investment authorities in the provinces to facilitate the investment process and to refrain from actions that impede the thorny investor. The Commission said the economy and investment representative, earlier, it is working on a plan to attract Arab and international investment companies and investors, support the national economy.
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