It confirms the abolition of the parliamentary economic investment laws developed by Bremer
5/12/15
Information / Baghdad / ..
Deputy Chairman of the Committee of Economy and Investmen
parliamentary Harith al-Harthy, Tuesday, that the laws made by the ruling military in Iraq, Paul Bremer, the US forces during the occupation of Iraq, hindered and hampered investment projects and caused delaying, adding that his committee has canceled these laws.
He said Al-Harthy told / information /, "The new investment law abolished all laws (Bremer) Concerning investment," noting that "those laws were hampering crashes and investment projects in the country."
"The new law, which legitimized the investment committee of parliamentary support and will contribute to the revitalization of the Iraqi economy as well as it needs to be supported by the central bank of private banks."
Al Harthy, pointed out that "the law raises taxes for companies and Asuhal the entry of foreign companies and the granting of a vacation site investment in just 15 days."
The House of Representatives passed in 2006, the Iraqi investment law, which was said at the time that it would open the doors wide open to foreign investment, due to submit a lot of facilities to foreign investors, but that many foreign companies are still hesitant because of fears that the security situation is stable in Iraq .
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5/12/15
Information / Baghdad / ..
Deputy Chairman of the Committee of Economy and Investmen
parliamentary Harith al-Harthy, Tuesday, that the laws made by the ruling military in Iraq, Paul Bremer, the US forces during the occupation of Iraq, hindered and hampered investment projects and caused delaying, adding that his committee has canceled these laws.
He said Al-Harthy told / information /, "The new investment law abolished all laws (Bremer) Concerning investment," noting that "those laws were hampering crashes and investment projects in the country."
"The new law, which legitimized the investment committee of parliamentary support and will contribute to the revitalization of the Iraqi economy as well as it needs to be supported by the central bank of private banks."
Al Harthy, pointed out that "the law raises taxes for companies and Asuhal the entry of foreign companies and the granting of a vacation site investment in just 15 days."
The House of Representatives passed in 2006, the Iraqi investment law, which was said at the time that it would open the doors wide open to foreign investment, due to submit a lot of facilities to foreign investors, but that many foreign companies are still hesitant because of fears that the security situation is stable in Iraq .
[You must be registered and logged in to see this link.]