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Parliamentarians: handling red tape and corruption will guarantee to attract foreign investment
6/29/2015 0:00
They stressed that the security and political stability the main reasons for its success
BAGHDAD - Muhannad Abdul Wahab
A number of members of the House of Representatives, the executive and legislative branches of government need to overcome the obstacles and hurdles faced by foreign investors aspirants strongly to work in Iraq, and to facilitate the necessary measures so away from the routine and mechanisms "bureaucracy".
Parallel with offices "tireless efforts" made by the Government to attract foreign investment into the country, lawmakers respondents called their opinions in this report, to create a safe environment and political stability, in order to encourage the owners of money and international companies capital to enter the Iraqi promising market.
The first speaker was a member of the Committee on the economy parliamentary deputy Knight Knight, where he said in a statement the "morning": that "the issue of bringing the country's foreign investments, need to several factors, including the reform of the investment law, and the establishment of a basic rule to provide services, and to create an atmosphere of security and political stability in the country", stressing that "all these things The important points to attract capital and thus providing investment opportunities. "
He added: "There are other things that contribute to directing the attention of investors to the Iraqi market, including the treatment of financial and administrative corruption, as well as the alleviation of red tape and bureaucratic obstacles they face," the government Hada specifically to harness all energies for it.
Economic legislator, stressed the importance of foreign investment to will achieve financial revenues and, consequently, transforming the national economy from a yield to the market economy, depends not only on oil revenues as a major supplier for the general budget.
In the same context, the sharing of the Attorney Nora Albjara colleague Certainly "the importance of diversifying sources of income and supplement the state treasury as will achieve foreign investment of positive results in various residential, agricultural, industrial and other sectors."
She Albjara, in a statement for "morning" that "provide a suitable ground of political stability and security will give great hope to achieve important investments that will be the nucleus of the first to open the doors wide open to foreign and local investors. "
revealed "interference" from neighboring countries - unnamed - hinder the entry of investors to Iraq, saying this disability landing "in harmony with the actions of the organization Daash terrorist."
As urged Albjara, Iraqi state institutions at all "harness all their energies in order to protect the investment process in Iraq, because the importance of not less about the importance of oil and revenues, as well as it will create a diversified sources of national income." Create the appropriate atmosphere for investment, seeing them as a lawmaker last of the parliamentary committee itself, "the quality and important leap in achieving the investment features of the country, that would be of help to the general budget of oil-based fixed income."
MP Yahya Ithawi, is also said in the statement the "morning "" The foreign investment will help to overcome the financial deficit of the general budget, "noting that" the recent amendments to the investment law, will serve as an important step to help investors to work in Iraq. "
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6/29/2015 0:00
They stressed that the security and political stability the main reasons for its success
BAGHDAD - Muhannad Abdul Wahab
A number of members of the House of Representatives, the executive and legislative branches of government need to overcome the obstacles and hurdles faced by foreign investors aspirants strongly to work in Iraq, and to facilitate the necessary measures so away from the routine and mechanisms "bureaucracy".
Parallel with offices "tireless efforts" made by the Government to attract foreign investment into the country, lawmakers respondents called their opinions in this report, to create a safe environment and political stability, in order to encourage the owners of money and international companies capital to enter the Iraqi promising market.
The first speaker was a member of the Committee on the economy parliamentary deputy Knight Knight, where he said in a statement the "morning": that "the issue of bringing the country's foreign investments, need to several factors, including the reform of the investment law, and the establishment of a basic rule to provide services, and to create an atmosphere of security and political stability in the country", stressing that "all these things The important points to attract capital and thus providing investment opportunities. "
He added: "There are other things that contribute to directing the attention of investors to the Iraqi market, including the treatment of financial and administrative corruption, as well as the alleviation of red tape and bureaucratic obstacles they face," the government Hada specifically to harness all energies for it.
Economic legislator, stressed the importance of foreign investment to will achieve financial revenues and, consequently, transforming the national economy from a yield to the market economy, depends not only on oil revenues as a major supplier for the general budget.
In the same context, the sharing of the Attorney Nora Albjara colleague Certainly "the importance of diversifying sources of income and supplement the state treasury as will achieve foreign investment of positive results in various residential, agricultural, industrial and other sectors."
She Albjara, in a statement for "morning" that "provide a suitable ground of political stability and security will give great hope to achieve important investments that will be the nucleus of the first to open the doors wide open to foreign and local investors. "
revealed "interference" from neighboring countries - unnamed - hinder the entry of investors to Iraq, saying this disability landing "in harmony with the actions of the organization Daash terrorist."
As urged Albjara, Iraqi state institutions at all "harness all their energies in order to protect the investment process in Iraq, because the importance of not less about the importance of oil and revenues, as well as it will create a diversified sources of national income." Create the appropriate atmosphere for investment, seeing them as a lawmaker last of the parliamentary committee itself, "the quality and important leap in achieving the investment features of the country, that would be of help to the general budget of oil-based fixed income."
MP Yahya Ithawi, is also said in the statement the "morning "" The foreign investment will help to overcome the financial deficit of the general budget, "noting that" the recent amendments to the investment law, will serve as an important step to help investors to work in Iraq. "
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