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Adjusted balance of payments requires coordination between ministries
9/21/2015 0:00
BAGHDAD
economic academic said Dr. Essam Mahouelle that coordination between ministries and the General Company for exhibitions and commercial services in connection with import policy would create a state of balance in the market and determine the materials that can be produced and manufactured locally and to compensate the difficult production Balastairad.ccant company has embarked on the middle 2012 launch of work on holiday, being imported in order to reduce the indiscriminate import and dumping of commodity and devote work standard specifications of what would provide protection for the consumer.
He said that after nearly three years has been narrowing the indiscriminate import scale also has control over the flow of goods, as well as providing part of the Consumer Protection , noting that it checks the existence of strict conditions in being imported to subdue the imported materials for tests approved and compliance with Iraqi standards.
He pointed to the possibility of out study provided by the General Company for services and trade fairs to the executive and legislative authorities competent for the purpose of identifying and preventing the importation of what can be produced locally contributes run manpower and factories complaining about downtime due to unfair competition with Almistord.obin to be completed after the high coordination between ministries and of the Ministry of Trade Company and shows the need and the market digested substances that fall within its jurisdiction for the purpose of balancing imports with local production, industry and activate the protection of Iraqi Products Law No. 11 for the year 2010 in this Amajal.ocd need to regulate commercial activity to the private sector effective way to contribute to the economic development and prevent monopoly and directed towards the import of good and necessary goods that the country really needs is origins discreet and good.
Iraq is an important trade partner for many countries, especially regional neighbors because he did not achieve his goals after the diversification of exports of non-oil that can be described Palmtoadah where they account for only 1 percent of GDP, as well as he is still a consumer countries due to the shortfall in electricity, which represents the basis for a productive industries Almokhtlvh.ohdd Mahouelle on the necessity of activating the productive sectors , it provides very large sums go to imports while Iraq needs the money to employ them in their destinations actors in the economy, which would achieve the moderation in the trade balance, which suffers a great imbalance because of the absence of production and intensity Alastairad.obulg volume of imports in 2012 (74) billion dollars while the oil revenues of more than $ 94 billion is evidence that the source of payments is exports versus imports constitute mostly consumer goods, and the imbalance is clear in the balance of payments was due to the absence of economic visions clear of the development process as well as the absence of production and the deterioration of Agriculture is born the case of the Iraqi capital flight abroad and depriving the country of the national investment despite the presence of a huge amount of them.
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9/21/2015 0:00
BAGHDAD
economic academic said Dr. Essam Mahouelle that coordination between ministries and the General Company for exhibitions and commercial services in connection with import policy would create a state of balance in the market and determine the materials that can be produced and manufactured locally and to compensate the difficult production Balastairad.ccant company has embarked on the middle 2012 launch of work on holiday, being imported in order to reduce the indiscriminate import and dumping of commodity and devote work standard specifications of what would provide protection for the consumer.
He said that after nearly three years has been narrowing the indiscriminate import scale also has control over the flow of goods, as well as providing part of the Consumer Protection , noting that it checks the existence of strict conditions in being imported to subdue the imported materials for tests approved and compliance with Iraqi standards.
He pointed to the possibility of out study provided by the General Company for services and trade fairs to the executive and legislative authorities competent for the purpose of identifying and preventing the importation of what can be produced locally contributes run manpower and factories complaining about downtime due to unfair competition with Almistord.obin to be completed after the high coordination between ministries and of the Ministry of Trade Company and shows the need and the market digested substances that fall within its jurisdiction for the purpose of balancing imports with local production, industry and activate the protection of Iraqi Products Law No. 11 for the year 2010 in this Amajal.ocd need to regulate commercial activity to the private sector effective way to contribute to the economic development and prevent monopoly and directed towards the import of good and necessary goods that the country really needs is origins discreet and good.
Iraq is an important trade partner for many countries, especially regional neighbors because he did not achieve his goals after the diversification of exports of non-oil that can be described Palmtoadah where they account for only 1 percent of GDP, as well as he is still a consumer countries due to the shortfall in electricity, which represents the basis for a productive industries Almokhtlvh.ohdd Mahouelle on the necessity of activating the productive sectors , it provides very large sums go to imports while Iraq needs the money to employ them in their destinations actors in the economy, which would achieve the moderation in the trade balance, which suffers a great imbalance because of the absence of production and intensity Alastairad.obulg volume of imports in 2012 (74) billion dollars while the oil revenues of more than $ 94 billion is evidence that the source of payments is exports versus imports constitute mostly consumer goods, and the imbalance is clear in the balance of payments was due to the absence of economic visions clear of the development process as well as the absence of production and the deterioration of Agriculture is born the case of the Iraqi capital flight abroad and depriving the country of the national investment despite the presence of a huge amount of them.
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