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Economic reason to include investment paragraph insurance for foreign investor law
11/02/2015
BAGHDAD / Source News / .. Chairman of the Economic Studies Board at the University of Kufa expert Raad Twigg, on Wednesday, the House of Representatives called for the introduction of paragraph security and insurance for the foreign investor within amendments Investment Law No. 16 of 2006, stressing that this paragraph will attract foreign investors and the expansion of foreign capital and attract foreign currency for the country.
He said Twigg told I followed Agency / Source News /, that "the most important paragraphs that must be entered in the investment No. / 16 / law is the local and foreign investors to insure their investment projects, which provides a guarantee necessary for investors from any potential danger may be suffered by the project investment. "
He added that "It is possible that this modification works to activate the work of private insurance companies and government funds to expand the heads of insurance companies, and attract foreign insurance companies, all of which contribute to the development of the local economy."
"The maturity of the insurance operations in Iraq of the main things to create an attractive investment environment and improves the investment climate", calling on the Foreign Trade Bank to carry out insurance as one of the financial activities that can be added to the banking and financial services provided by the "./ Q which ended
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11/02/2015
BAGHDAD / Source News / .. Chairman of the Economic Studies Board at the University of Kufa expert Raad Twigg, on Wednesday, the House of Representatives called for the introduction of paragraph security and insurance for the foreign investor within amendments Investment Law No. 16 of 2006, stressing that this paragraph will attract foreign investors and the expansion of foreign capital and attract foreign currency for the country.
He said Twigg told I followed Agency / Source News /, that "the most important paragraphs that must be entered in the investment No. / 16 / law is the local and foreign investors to insure their investment projects, which provides a guarantee necessary for investors from any potential danger may be suffered by the project investment. "
He added that "It is possible that this modification works to activate the work of private insurance companies and government funds to expand the heads of insurance companies, and attract foreign insurance companies, all of which contribute to the development of the local economy."
"The maturity of the insurance operations in Iraq of the main things to create an attractive investment environment and improves the investment climate", calling on the Foreign Trade Bank to carry out insurance as one of the financial activities that can be added to the banking and financial services provided by the "./ Q which ended
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