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Khuzaie calls for Australian companies to invest in Iraq
Editor: AA | SS Tuesday, 03 نيسان 2012 10:54 GMT
Vice President of the Republic Khudair Khuzaie and Australian Ambassador in Baghdad
Sumerian News / Baghdad
called the Vice President of the Republic Khodair al, Tuesday, Australian companies to invest in Iraq, saying the country's readiness to provide all the guarantees for the protection of these companies, as indicated Australian ambassador in Baghdad that Iraq has returned to its natural role after the success of the summit. said Khuzai in a statement issued by his office, today, on the sidelines of his meeting with Australian ambassador in Baghdad, Wendell Sachs, and received "Alsumaria News", a copy of it, "it was discussed bilateral relations between the two countries and ways of development at all levels, especially in the areas of investment and agriculture", calling for Australian companies to "Investing in Iraq." Khuzai said that "Iraq is ready to provide all the guarantees that would protect companies in terms of security and protection of capital." For her part, Australian ambassador in Iraq, Wendell Sachs that "Iraq has returned to its natural role as a player in the region, after the success of Arab Summit in Baghdad, "arguing that" the success of the summit under the chairmanship of Iraq would make him play a positive role in the interest of many issues of concern to the region. " Relations between Iraq and Australia developed a clear, especially in the economic and investment, in light of keenness on developing them to serve common interests. and Iraq's parliament approved in October of 2006, the Iraqi investment law, which it was said at the time that it will open the doors wide open to foreign investment, due offer a lot of facilities to foreign investors, many foreign companies still hesitate because of fear of the security situation, instability in Iraq, in addition to that the law did not give investors the right to ownership of the property the project, and equated the Iraqi investors and foreign investment in each of privileges, with the exception of real estate ownership, as can a foreign investor to rent the land for 50 years, renewable. According to paragraph 11 of the Investment Law. It is incumbent upon investors to submit their projects for the National Commission for Investment, or the Investment Commission of the region, or province to get investment licenses, and they can apply for investment license to the "Circle of One Stop Shop", developed by the National Investment Commission, and authorized media the final decision of the investor within 45 days in order to eliminate administrative red tape in granting investment license.
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Editor: AA | SS Tuesday, 03 نيسان 2012 10:54 GMT
Vice President of the Republic Khudair Khuzaie and Australian Ambassador in Baghdad
Sumerian News / Baghdad
called the Vice President of the Republic Khodair al, Tuesday, Australian companies to invest in Iraq, saying the country's readiness to provide all the guarantees for the protection of these companies, as indicated Australian ambassador in Baghdad that Iraq has returned to its natural role after the success of the summit. said Khuzai in a statement issued by his office, today, on the sidelines of his meeting with Australian ambassador in Baghdad, Wendell Sachs, and received "Alsumaria News", a copy of it, "it was discussed bilateral relations between the two countries and ways of development at all levels, especially in the areas of investment and agriculture", calling for Australian companies to "Investing in Iraq." Khuzai said that "Iraq is ready to provide all the guarantees that would protect companies in terms of security and protection of capital." For her part, Australian ambassador in Iraq, Wendell Sachs that "Iraq has returned to its natural role as a player in the region, after the success of Arab Summit in Baghdad, "arguing that" the success of the summit under the chairmanship of Iraq would make him play a positive role in the interest of many issues of concern to the region. " Relations between Iraq and Australia developed a clear, especially in the economic and investment, in light of keenness on developing them to serve common interests. and Iraq's parliament approved in October of 2006, the Iraqi investment law, which it was said at the time that it will open the doors wide open to foreign investment, due offer a lot of facilities to foreign investors, many foreign companies still hesitate because of fear of the security situation, instability in Iraq, in addition to that the law did not give investors the right to ownership of the property the project, and equated the Iraqi investors and foreign investment in each of privileges, with the exception of real estate ownership, as can a foreign investor to rent the land for 50 years, renewable. According to paragraph 11 of the Investment Law. It is incumbent upon investors to submit their projects for the National Commission for Investment, or the Investment Commission of the region, or province to get investment licenses, and they can apply for investment license to the "Circle of One Stop Shop", developed by the National Investment Commission, and authorized media the final decision of the investor within 45 days in order to eliminate administrative red tape in granting investment license.
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