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MPs and experts renew: Investment Law is complex and should be amended .. And Iraq has become the best country for investment
On: Sun 11/03/2012 12:05
Baghdad (news) / report / Faleh Hussein / .. The Iraqi investment law, lame as it contains clauses that constitute a stumbling block to investors due to complex procedures routine, which slows down the elements of the exploitation of the country's economic powerhouse.
He noted the lawmakers and economists in their talk (of the Agency news), the importance of amending the law of investment and remove impediments of investment methods, calling for countries to exploit the conditions Jawaralta encouraged to attract the largest number of investors to Iraq.
A member of the Commission Services and Construction MP / coalition in Iraq / Ismail Ghazi on the need to deal with investors coming to Iraq's high level of transparency show a sincere intention to develop the country economically, especially after the occurrence of strikes in neighboring countries and the countries of the Arab spring.
Ghazi said (of the Agency news): The security and political stability have a significant role in attracting investors, noting that the security situation in Iraq remains "fragile" and needs to intensify the work of the security forces to restore security in order to reassure the investor when he entered to invest in Iraq.
He added that the Arab countries, and neighboring countries with conditions impeding investment because they are not stable in security, political, encourages the investor to turn to Iraq, which seemed to become more secure, calling to exploit these conditions to attract the largest number of investors to Iraq and said Syria turned a blind eye to the problems of internal and viable to invest in them, the country of Jordan does not need to invest, as well as the imposition of international sanctions on Iran, and can not be any investor that Ajazn his money in a country shall be subject to sanctions Aloulih.
, With one member of the Finance Committee MP / National Alliance / Secretary Hadi Abbas that the foreign investor when it comes to Iraq collide with a set of constraints, most notably granting the land and possessed it, because the investor needs to ensure his money and fear of loss, and warranty come through Tmen the ground in order to invest them .
Abbas said (to the Agency news): The law on investment in Iraq needs to be amended because it contains clauses that make it difficult understanding between investors and the government, calling for fair treatment of investors by the government departments like the world's developed countries so motivated to invest.
Abbas stressed: the importance of taking the media role to attract investors to Iraq through the deployment of cases positive for the security situation, noting that the security situation in Iraq is now improved and relatively higher than in the past, Vhan time to attract the largest number of investors to Iraq for the advancement of the national economy .
For his part, the economic expert called on behalf of the beautiful to the need to create an intellectual base for investment include the existence of culture and ethics and awareness in dealing with the investor when to come to Iraq, especially by state officials that their actions are repulsive for investors to invest and not attractive.
A beautiful (of the Agency news): The laws relating to investment is not enough and must modify some paragraphs of the law or new legislation gives privileges full of investors and put the facilities in their dealings with government departments as a circle general tax or banks and others, stressing the importance of creating an attractive environment for investment in Iraq the fact that the country needed, especially at this time, and continued: Iraq has become a better place than the rest of the neighboring countries for investment, the environment and money and thirst Iraq for investment, help the investor, whether Iraqi or foreign come to Iraq, Turkey is one of the issues of investment, and Jordan, a country only for investments, and Syria, living situation security confusing, and Iran is no longer valid for investment because of international sanctions.
He pointed to: that the security situation in Iraq today has seen significant improvement, calling for the need to exploit these conditions to attract investors and create an attractive environment for investment through the application of the principle of single window, which means granting the investor the holiday complete within the Investment Authority, or in the bodies of investment provinces and without any hindrance.
For his part, called for an economist Ismail Abdul Hussein review of the regulations and the regulations issued by the Council of Ministers and the National Investment Commission as it restricts the work of investors in Iraq and delay the investment process in the country.
The Abdul-Hussein (of the Agency news) that these systems are not keeping backward regimes of modern investment and not with the vision of the state in the trend towards market economies and impeded the entry of the investor to Iraq.
He pointed out: to give confidence to foreign investors to enter the investment environment of Iraq through the development of facilities to him and encourage him to work in Iraq and the development of the banking system to keep the money invested as well as eliminate red tape and the introduction of single window in order to facilitate investment in Iraq and to attract the largest number of investors to the country.
As indicated by the Finance Committee and MP for the / Kurdistan Alliance / Najiba Najib that there are a lot of difficulties and obstacles that stand in front of investors from entering the country, calling to: remove all the obstacles in front of investors, to encourage him to enter Iraq.
The answer in an earlier statement (of the Agency news) is that Iraq today is suffering from the routine of the murderer and was rampant in all its circuits and its institutions, which led to obstruction of the investment process and the reluctance of investors from coming, noting that the law of the current investment is the same law you are working with the Kurdistan Regional Government .
She explained a member of the Finance Committee representative: The Kurdistan region has succeeded in investing because it removed all the obstacles that stand in front of the investor and served on the administrative routine in its circuits, although it works the same law of the current investment of the federal government, calling for: benefit from the experience of investment which met with great success in the Kurdistan Region . / Finished / 8. d. Q /
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On: Sun 11/03/2012 12:05
Baghdad (news) / report / Faleh Hussein / .. The Iraqi investment law, lame as it contains clauses that constitute a stumbling block to investors due to complex procedures routine, which slows down the elements of the exploitation of the country's economic powerhouse.
He noted the lawmakers and economists in their talk (of the Agency news), the importance of amending the law of investment and remove impediments of investment methods, calling for countries to exploit the conditions Jawaralta encouraged to attract the largest number of investors to Iraq.
A member of the Commission Services and Construction MP / coalition in Iraq / Ismail Ghazi on the need to deal with investors coming to Iraq's high level of transparency show a sincere intention to develop the country economically, especially after the occurrence of strikes in neighboring countries and the countries of the Arab spring.
Ghazi said (of the Agency news): The security and political stability have a significant role in attracting investors, noting that the security situation in Iraq remains "fragile" and needs to intensify the work of the security forces to restore security in order to reassure the investor when he entered to invest in Iraq.
He added that the Arab countries, and neighboring countries with conditions impeding investment because they are not stable in security, political, encourages the investor to turn to Iraq, which seemed to become more secure, calling to exploit these conditions to attract the largest number of investors to Iraq and said Syria turned a blind eye to the problems of internal and viable to invest in them, the country of Jordan does not need to invest, as well as the imposition of international sanctions on Iran, and can not be any investor that Ajazn his money in a country shall be subject to sanctions Aloulih.
, With one member of the Finance Committee MP / National Alliance / Secretary Hadi Abbas that the foreign investor when it comes to Iraq collide with a set of constraints, most notably granting the land and possessed it, because the investor needs to ensure his money and fear of loss, and warranty come through Tmen the ground in order to invest them .
Abbas said (to the Agency news): The law on investment in Iraq needs to be amended because it contains clauses that make it difficult understanding between investors and the government, calling for fair treatment of investors by the government departments like the world's developed countries so motivated to invest.
Abbas stressed: the importance of taking the media role to attract investors to Iraq through the deployment of cases positive for the security situation, noting that the security situation in Iraq is now improved and relatively higher than in the past, Vhan time to attract the largest number of investors to Iraq for the advancement of the national economy .
For his part, the economic expert called on behalf of the beautiful to the need to create an intellectual base for investment include the existence of culture and ethics and awareness in dealing with the investor when to come to Iraq, especially by state officials that their actions are repulsive for investors to invest and not attractive.
A beautiful (of the Agency news): The laws relating to investment is not enough and must modify some paragraphs of the law or new legislation gives privileges full of investors and put the facilities in their dealings with government departments as a circle general tax or banks and others, stressing the importance of creating an attractive environment for investment in Iraq the fact that the country needed, especially at this time, and continued: Iraq has become a better place than the rest of the neighboring countries for investment, the environment and money and thirst Iraq for investment, help the investor, whether Iraqi or foreign come to Iraq, Turkey is one of the issues of investment, and Jordan, a country only for investments, and Syria, living situation security confusing, and Iran is no longer valid for investment because of international sanctions.
He pointed to: that the security situation in Iraq today has seen significant improvement, calling for the need to exploit these conditions to attract investors and create an attractive environment for investment through the application of the principle of single window, which means granting the investor the holiday complete within the Investment Authority, or in the bodies of investment provinces and without any hindrance.
For his part, called for an economist Ismail Abdul Hussein review of the regulations and the regulations issued by the Council of Ministers and the National Investment Commission as it restricts the work of investors in Iraq and delay the investment process in the country.
The Abdul-Hussein (of the Agency news) that these systems are not keeping backward regimes of modern investment and not with the vision of the state in the trend towards market economies and impeded the entry of the investor to Iraq.
He pointed out: to give confidence to foreign investors to enter the investment environment of Iraq through the development of facilities to him and encourage him to work in Iraq and the development of the banking system to keep the money invested as well as eliminate red tape and the introduction of single window in order to facilitate investment in Iraq and to attract the largest number of investors to the country.
As indicated by the Finance Committee and MP for the / Kurdistan Alliance / Najiba Najib that there are a lot of difficulties and obstacles that stand in front of investors from entering the country, calling to: remove all the obstacles in front of investors, to encourage him to enter Iraq.
The answer in an earlier statement (of the Agency news) is that Iraq today is suffering from the routine of the murderer and was rampant in all its circuits and its institutions, which led to obstruction of the investment process and the reluctance of investors from coming, noting that the law of the current investment is the same law you are working with the Kurdistan Regional Government .
She explained a member of the Finance Committee representative: The Kurdistan region has succeeded in investing because it removed all the obstacles that stand in front of the investor and served on the administrative routine in its circuits, although it works the same law of the current investment of the federal government, calling for: benefit from the experience of investment which met with great success in the Kurdistan Region . / Finished / 8. d. Q /
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