On: 4/12/2011 7:26
□ Baghdad / agencies called economic expert Qasim Khazraji the government to the need to move towards international economic forces to work to remove Iraq from Chapter VII of the effects large in the development of the local economy.
said Khazraji's Agency (news): The limitations of the seventh item carries a lot of negative aspects of the the Iraqi economy and its development, noting: they limit the financial transactions between banks in Iraq, whether governmental or private and international banks.
The CHIEF OF STAFF: The seventh item on the volume of treated Iraqi banks at home exclusively, indicating: that the local private sector can not import technologies and equipment developed through local banks, because they can not open the funds in international banks, he said, is that most of the banks of neighboring countries, civil them and with potential limited financial position to deal with the banks of a large, global, in time you find our financial sector away from the global average.
The seventh item put a reference to all international banks serve an end to any deal with the financial sector of Iraq, and thus entered the field of the local banking cycle of international isolation .
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