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Araji: Investing in Iraq is not a required level .. and suffering from financial crisis
Sunday, April 5, 2015 12:58
BAGHDAD / Baghdadi News / ... Deputy Prime Minister Bahaa al-Araji, on Sunday, that the investment experience were not required during the previous years level, stressing that Iraq is suffering from a financial crisis, not economic
They said, during the signing of public infrastructure for the city project ceremony new Basmajh between the National Investment Commission and the South Korean Hanwha Corporation, attended / Baghdadi News / that "investment experience were not required level during these years, and why was not the part of the body, the latter worked all efforts to provide what can be provided, but the reason he was in the presence of complications in the Empty law and the circumstances that have passed in Iraq and the region. "
Araji said that "the crisis has always made states, so some may refer to the crisis faced by the region, especially in connection with the decrease in oil prices as a real crisis will affect the Iraqi economy, but we say that the Iraqi economy is not affected by this and a lot of expertise, Although we may be in front of a financial crisis, not economic, and this crisis is that we think about the alternatives, and in the introduction of these alternatives that made the Iraqi government in its priorities is to invest, and for this we are seeking that investment does not have a slogan as it was in the previous phase also will not Altaqi be so, and there is a paragraph in the general budget for this year will allow all ministries and provincial agencies and the private sector to contract with exception of the law of laws. "
Araji said that "two weeks ago, the Council of Ministers approved the important decisions pertaining to the investor, especially in the field of oil and energy, such as removing the medical tests that are imposed on workers, investors and facilitate the granting of the visa (visa), as our face Iraqi embassies abroad to grant access to investors visa, as well as the development of mechanism for non-disabled transactions in customs, to the end of many of the procedural matters that were hampering the investment process. "
He Araji that "we are reviewing all investment contracts signed by the Iraqi side with the companies, there will be an evaluation of their work and subsequently the government will provide all the facilities necessary for the sustainability of dealing with companies that will stand with Iraq in the re-construction and reconstruction process" .anthy 21 / l
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Sunday, April 5, 2015 12:58
BAGHDAD / Baghdadi News / ... Deputy Prime Minister Bahaa al-Araji, on Sunday, that the investment experience were not required during the previous years level, stressing that Iraq is suffering from a financial crisis, not economic
They said, during the signing of public infrastructure for the city project ceremony new Basmajh between the National Investment Commission and the South Korean Hanwha Corporation, attended / Baghdadi News / that "investment experience were not required level during these years, and why was not the part of the body, the latter worked all efforts to provide what can be provided, but the reason he was in the presence of complications in the Empty law and the circumstances that have passed in Iraq and the region. "
Araji said that "the crisis has always made states, so some may refer to the crisis faced by the region, especially in connection with the decrease in oil prices as a real crisis will affect the Iraqi economy, but we say that the Iraqi economy is not affected by this and a lot of expertise, Although we may be in front of a financial crisis, not economic, and this crisis is that we think about the alternatives, and in the introduction of these alternatives that made the Iraqi government in its priorities is to invest, and for this we are seeking that investment does not have a slogan as it was in the previous phase also will not Altaqi be so, and there is a paragraph in the general budget for this year will allow all ministries and provincial agencies and the private sector to contract with exception of the law of laws. "
Araji said that "two weeks ago, the Council of Ministers approved the important decisions pertaining to the investor, especially in the field of oil and energy, such as removing the medical tests that are imposed on workers, investors and facilitate the granting of the visa (visa), as our face Iraqi embassies abroad to grant access to investors visa, as well as the development of mechanism for non-disabled transactions in customs, to the end of many of the procedural matters that were hampering the investment process. "
He Araji that "we are reviewing all investment contracts signed by the Iraqi side with the companies, there will be an evaluation of their work and subsequently the government will provide all the facilities necessary for the sustainability of dealing with companies that will stand with Iraq in the re-construction and reconstruction process" .anthy 21 / l
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