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Parliamentary: the banking system hinders the investment process
On: Friday 5/4/2012 5:17
Baghdad / range
confirmed a member of the Services Committee in the House of Representatives Cheyenne Mohammed Taher, said the failure of the Iraqi banking system has hampered the advancement of the investment process in the country, calling for the enactment of the investment form of making Iraqi banks to meet the needs of investors.
The Tahirbhsp Agency (news) that the investment process in Iraq need to be new legislation for the investment gives the facilities and assistance to investors when they come to Iraq, in addition to providing financial security for them through the development of the Iraqi banking system being obstructionist main for the advancement of the process of investment of the country.
As the head money was a "coward", so, investors need to ensure to bring their capital to Iraq, and this comes through the presence of Iraqi banks sober and operating under development technological talk.
and investment conference the Arab to be held end of the year in Baghdad, indicated Tahir to: he will greatly enhance the investment process in Iraq and bring Arab investors to him through the activation of investments among Arab countries.
It is noteworthy that most of the world, especially countries of Persian Gulf, based on investment in all sectors to improve their economies by building and construction and the establishment of laboratories and factories and companies.
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