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Economy and investment representative calls on the government to speed up activating the new investment law
By Khabaar Khaba 18.08.2012 9:18:00
Number of readings: 74
Brother Baghdad
Member of the Committee called on the economy and investment representative Abdul Salam al-Maliki the Iraqi government to speed up activating the new investment law.
Maliki said in a press statement received Agency News News (brother) a copy of it, "The new investment law included more than 70 material is very important in order to achieve the Iraqi economy advanced and quality in line with global conditions and development where we see that such a law is supposed to be granted by the state interest and the concentration is greatest. "
He added: "The law will remove all previous obstacles in business investment and working to unify the efforts Alasosmaria and gain acceptance for everyone, he got a quorum fully in the Parliament were voted to approve and send it to the government, but what we see that the law is not activated until today."
He explained: "The law will remove a lot of distortions that Sapt the Iraqi economy and reduce to a great extent of financial and administrative corruption in addition to that will give greater opportunities for foreign companies invested in order to enter Iraq and work by reducing red tape and procedures Altaqidah and constraints that make such companies alienated from Iraqi arena. "
He said al-Maliki: "The new investment law is is part of the reform process taking place in Iraq, through mutual understandings between all the political parties which can be considered as activation of this law is the key to any reform effort because it includes processors to the problems and observations raised by investors in addition to the standardization of terms of reference of economic and investment in a circle, or one body through the law and saves investors one of the problems of dealing with more than one law at a time. "
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