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Expert: remove Iraq from Chapter VII of the system will activate the banking
On: Fri 4/12/2011 7:26
□ Baghdad / agencies
Economic expert called Qasim Khazraji the government to the need to move towards international economic forces to work to remove Iraq from Chapter VII of the large effects 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 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 limited financial capabilities can deal with large international banks, at the time you find our financial sector away from the global average.
The seventh item referring to the development of all international banks serve an end to any deal with the financial sector of Iraq, and thus entered the field of domestic banks spiral international isolation.
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On: Fri 4/12/2011 7:26
□ Baghdad / agencies
Economic expert called Qasim Khazraji the government to the need to move towards international economic forces to work to remove Iraq from Chapter VII of the large effects 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 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 limited financial capabilities can deal with large international banks, at the time you find our financial sector away from the global average.
The seventh item referring to the development of all international banks serve an end to any deal with the financial sector of Iraq, and thus entered the field of domestic banks spiral international isolation.
[You must be registered and logged in to see this link.]
