Shawki: Investment Law guarantees paragraphs facilitate the work of investors
2015/11/2
{Baghdad: Euphrates News} MP for the Bloc citizen Salim Chawki included investment paragraphs facilitate foreign and local investors work under the terms of the law is complex.
He explained Shawki told {Euphrates News} today that "the investment law is relied upon for the time being, especially that Iraq is going through an economic crisis stifling and weak cash flow, making the budget depends on the operational only have to pay the employees' salaries."
He said the "Investment Law will encourage investment in the sector private and foreign investment ", adding that" the law includes clauses to facilitate the foreign investor and the local labor work under the terms of uncomplicated.
"The committee of economy and investment parliamentary member Abdul-Karim al-Naqib said earlier told {Euphrates News} that the new investment law, taking into account materials New consistent with the Global Investment evolution.
He said the "vertebrae investment law before the Parliament included two paragraphs of the developer, the developer and secondary education, the fact that the investment process needs to be big money and the involvement of a group of Parties; to carry out investment projects giant."
The Presidency of the Council of Representatives, decided in Earlier postpone the vote on the investment law, and that the lack of clarity of some of its paragraphs. It ended
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