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Araji: Cabinet laws gave the authority to contract on credit and investment law repellent
4/8/15
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Araji: Cabinet laws gave the authority to contract on credit and investment law repellent
08/04/2015 10:20
Awan / Baghdad
Deputy Prime Minister for Energy, Bahaa al-Araji, on Wednesday, the Council of Ministers issued important decisions have given a lot of facilities to Iraqi or foreign companies, noting that investment in Iraq was repellent to investors.
They said in a speech during the second qualitative exhibition for the Ministry of Electricity and attended by "time", "The Daash tried to disrupt life and distorted," noting that "this exhibition replies big reaction that we are staying in the construction and reconstruction and we are trying to build again what has been Tahedih by Daash or the enemies of Iraq. "
He added that "the companies and countries participating in the exhibition stand with Iraq as it goes with everything," noting that "the Council of Ministers issued yesterday important decisions showed executive procedures in how to invest, and gave a lot of facilities to companies whether Iraqi or foreign, because doing the work either Using the so-called investment or on credit until we these projects as soon as possible. "
Araji said that "there are many decisions will be issued to facilitate the entry procedures investor and his goods and workers in these companies," adding that "the investment in Iraq was a repellent for investors and is not attractive, and we do not blame one but laws and red tape is one of the last that."
Araji called to "overcome all the problems that delayed the investment in the previous stage."
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