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Business Council submitted a draft letter to the Romanian Embassy cooperate and last longer study
2015/11/11
Iraqi National Business Council announced on Wednesday, to submit a draft message of cooperation to the Romanian Embassy, and with the Romanian Ambassador in Baghdad cups Prada pledged to study this draft and reply as soon as, student other with meetings with members of the Council to prepare the Romanian companies to invest in Iraq.
The deputy head of the Iraqi National Business Council, Abdullah Saleh al-Jubouri in a statement received (range Press), a copy of it, "A delegation from the Council met, overnight, the Romanian Ambassador in Baghdad cups Prada to discuss the economic aspects and prospects of cooperation between Iraqi companies Romanian companies" noting that "the delegation presented a detailed explanation of the work of the Business Council and the size of the contributions of its members in various economic projects and events in the Iraqi economy, which constitute a large proportion of the Iraqi private sector business."
He said al-Jubouri, "The delegation assured the ambassador that it must be Romanian companies presence in Iraq," he said, adding, that "the delegation presented a draft letter cooperation between the Council Romania and the embassy was the ambassador promised to study and decision at the earliest possible time."
For his part, called on the Romanian Ambassador in Baghdad cups Prada, that "are there other meetings with members of the Council after studying the nature of its business for the purpose of creating Romanian companies to invest in Iraq and partnership with Iraqi companies," he expected to "be there close visits Romania for companies to discuss investment projects in various sectors, especially the industrial, agricultural, commercial and tourism. "
The Committee on the economy and invest in the House of Representatives promised, on Tuesday, the (27 October 2015), amendment of the Investment Law, an important step towards Iraq put on a new threshold in this area, and stressed that the law gave investment facilities and the protection of the investor and the granting of provincial decentralization of powers, with eye Legal Committee that the law includes financial penalties for lagging investment projects.
The House of Representatives voted on Tuesday, the (27 October 2015), unanimously approved the second amendment to the Iraqi Investment Law No. 13 of 2006.
The vote came on the second amendment to the investment law after claims of economic and political actors need to amend the law to allow for the expansion of investment in Iraq in all fields, especially in light of the financial crisis currently experienced by the country.
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