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Investment Law is ready for approval
7/9/2015 0:00
BAGHDAD
completed Committee economy parliamentary and investment final draft of the second amendment to the Law on Investment Law No. (13) for the year 2006.omn scheduled lifting of the law to the Presidency of the Council of Representatives on Monday in order to be included on the agenda for a vote this week.
Committee member Rep. Najiba Najib confirmed in a statement »Sabah» that the committee put the finishing touches on the final draft of the new law, which ensures the previous overcome the problems and obstacles and attract local and foreign investors, likely to include it on the agenda of the meetings this week. She Najib said the Economic Commission has made great efforts work through two parliamentary commissions on fueling this law in line with the changes witnessed by the world in the field of investments, and the need for the country to major projects, especially infrastructure and services that exceed the state budget capabilities under the current circumstances through which the country projects .waodan that the amendments included in the final draft is the result of an agreement the parties concerned the law, as it fielded committee of representatives of the national investment in the discussions, studies and workshops prepared to include the Chairperson-in-law hubs to attract major investments to the country after the formation of a sub-committee to follow up the amendments to the law The new, in addition to the legislative work and oversight.
Among the most prominent amendments included by the Commission in the law, Najib indicated that the real estate foundation for investment, and that the investor had difficulty in getting on the ground to set up the project, so it was agreed that the National Investment Commission is the main factor for the provision of the land and complete all administrative and legal proceedings, and submit them ready for Msttmr.kma noted the agreement of the committee with the Investment Authority following the decentralization in the appointment of heads of bodies in the provinces, to be considered legal and constitutional issue, as the parties concluded their agreement to the notice of authorities in the provincial nomination for the post of President of the Commission in the province on the last opinion National Commission for investment.
The Committee on the economy and investment were laid last week, Chairman of the National Investment Commission Dr. Sami al-Araji, to discuss the text of the second amendment to the Investment Law No. (13) of 2006 before it is submitted to a vote.
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7/9/2015 0:00
BAGHDAD
completed Committee economy parliamentary and investment final draft of the second amendment to the Law on Investment Law No. (13) for the year 2006.omn scheduled lifting of the law to the Presidency of the Council of Representatives on Monday in order to be included on the agenda for a vote this week.
Committee member Rep. Najiba Najib confirmed in a statement »Sabah» that the committee put the finishing touches on the final draft of the new law, which ensures the previous overcome the problems and obstacles and attract local and foreign investors, likely to include it on the agenda of the meetings this week. She Najib said the Economic Commission has made great efforts work through two parliamentary commissions on fueling this law in line with the changes witnessed by the world in the field of investments, and the need for the country to major projects, especially infrastructure and services that exceed the state budget capabilities under the current circumstances through which the country projects .waodan that the amendments included in the final draft is the result of an agreement the parties concerned the law, as it fielded committee of representatives of the national investment in the discussions, studies and workshops prepared to include the Chairperson-in-law hubs to attract major investments to the country after the formation of a sub-committee to follow up the amendments to the law The new, in addition to the legislative work and oversight.
Among the most prominent amendments included by the Commission in the law, Najib indicated that the real estate foundation for investment, and that the investor had difficulty in getting on the ground to set up the project, so it was agreed that the National Investment Commission is the main factor for the provision of the land and complete all administrative and legal proceedings, and submit them ready for Msttmr.kma noted the agreement of the committee with the Investment Authority following the decentralization in the appointment of heads of bodies in the provinces, to be considered legal and constitutional issue, as the parties concluded their agreement to the notice of authorities in the provincial nomination for the post of President of the Commission in the province on the last opinion National Commission for investment.
The Committee on the economy and investment were laid last week, Chairman of the National Investment Commission Dr. Sami al-Araji, to discuss the text of the second amendment to the Investment Law No. (13) of 2006 before it is submitted to a vote.
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