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09/03/2013 12:00 AM
Have not been amended or repealed so far
Baghdad, Omar Abdel-Latif
revealed to the economic and investment commission in the House of Representatives that the laws and regulations prevailing initiated during the previous regime still control investment in Iraq, indicating that there are more than 20 resolutions relating to investment have not been modified or revoked and legislation new laws instead to promote the reality of investment in the country.
said committee member Mahma Khalil, a member of the House of Representatives for the coalition of Kurdish blocs that some of the decisions and instructions of the former regime remains ineffective walked so far, noting that the Iraqi economy should be moving towards the «market economy», according to a Constitution and such instructions do not fit in with this trend, but to make it as centralized economy.
said in a statement singled out by the (morning) that the investment environment in the country suffer from inter problems of red tape and corruption which prohibited hinder access international companies to the country, stressing that the Iraqi environment fertile This requires the abolition of all decisions unfair against investors in line with the Constitution.
cautioned Khalil to the presence of more than 20 decision to remain as it is during the previous regime concerning aspect of investment in the country.
At the same Ed Committee member and a member of the House of Representatives of the National Coalition Abdul Salam al-Maliki ماذهب him his colleague that the decisions issued by the time of the previous regime still control the investment environment in Iraq, the current time, noting that the investment side in Iraq is doomed mechanisms negative in this thread.
Maliki said in a statement singled out by the (morning) despite the fact that the investment climate formatted in the country to bring companies world, but it needs at the same time to the stability of the security aspect and the laws that protect the investor, but we're still working laws precedent obsolete and is suitable for them and this Maymana investors from coming to Iraq.
called the House of Representatives to the need to repeal laws that were in place at the time and approve the special laws can promote investment in the country take it upon themselves to economic and investment commission in parliament, or modify existing laws, including contributing to the coming of the largest companies in the country quickly, pointing out that the Commission has initiated other laws substitute for those that began before 2003 into law and the Ministries of Industry and Trade and the device Central Agency for Standardization and Quality Control to mention the cancellation of many of the previous agreements with some countries.
As a member of the House of Representatives member for a coalition of state law, Dr. Salman al-Moussawi has hinted that the economic and investment commission divided laws into three categories, the first can work out and the second can be adjusted either third must canceled.
said in a statement singled out by the (morning) that the Commission's focus at this stage on the second category which are laws that can be adjusted, adding that the next phase will see the abolition of a set of laws which formed a heavy legacy on the Iraqi economy, but it must at the same time dealing with the this legacy patiently and carefully.
in return was the National Development Plan period from 2010 2014 had estimated the volume of investments of non-governmental required to achieve the targeted growth rate in the plan of $ 9.38 a year 217 trillion and 637 billion dinars, the equivalent of $ 186 billion, to take charge of the federal budget State provision amounted to $ 100 billion, and there were expectations that financed development partners, "the private sector, national and foreign," the remaining funds to be spent in various areas identified by the plan and other activities not included in the plan Kinsatat insurance, banking and personal services other, but such a thing did not happen because of failure of the plan and prepare another plan approved by the Council of Ministers stretching from 2013 2017.
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Have not been amended or repealed so far
Baghdad, Omar Abdel-Latif
revealed to the economic and investment commission in the House of Representatives that the laws and regulations prevailing initiated during the previous regime still control investment in Iraq, indicating that there are more than 20 resolutions relating to investment have not been modified or revoked and legislation new laws instead to promote the reality of investment in the country.
said committee member Mahma Khalil, a member of the House of Representatives for the coalition of Kurdish blocs that some of the decisions and instructions of the former regime remains ineffective walked so far, noting that the Iraqi economy should be moving towards the «market economy», according to a Constitution and such instructions do not fit in with this trend, but to make it as centralized economy.
said in a statement singled out by the (morning) that the investment environment in the country suffer from inter problems of red tape and corruption which prohibited hinder access international companies to the country, stressing that the Iraqi environment fertile This requires the abolition of all decisions unfair against investors in line with the Constitution.
cautioned Khalil to the presence of more than 20 decision to remain as it is during the previous regime concerning aspect of investment in the country.
At the same Ed Committee member and a member of the House of Representatives of the National Coalition Abdul Salam al-Maliki ماذهب him his colleague that the decisions issued by the time of the previous regime still control the investment environment in Iraq, the current time, noting that the investment side in Iraq is doomed mechanisms negative in this thread.
Maliki said in a statement singled out by the (morning) despite the fact that the investment climate formatted in the country to bring companies world, but it needs at the same time to the stability of the security aspect and the laws that protect the investor, but we're still working laws precedent obsolete and is suitable for them and this Maymana investors from coming to Iraq.
called the House of Representatives to the need to repeal laws that were in place at the time and approve the special laws can promote investment in the country take it upon themselves to economic and investment commission in parliament, or modify existing laws, including contributing to the coming of the largest companies in the country quickly, pointing out that the Commission has initiated other laws substitute for those that began before 2003 into law and the Ministries of Industry and Trade and the device Central Agency for Standardization and Quality Control to mention the cancellation of many of the previous agreements with some countries.
As a member of the House of Representatives member for a coalition of state law, Dr. Salman al-Moussawi has hinted that the economic and investment commission divided laws into three categories, the first can work out and the second can be adjusted either third must canceled.
said in a statement singled out by the (morning) that the Commission's focus at this stage on the second category which are laws that can be adjusted, adding that the next phase will see the abolition of a set of laws which formed a heavy legacy on the Iraqi economy, but it must at the same time dealing with the this legacy patiently and carefully.
in return was the National Development Plan period from 2010 2014 had estimated the volume of investments of non-governmental required to achieve the targeted growth rate in the plan of $ 9.38 a year 217 trillion and 637 billion dinars, the equivalent of $ 186 billion, to take charge of the federal budget State provision amounted to $ 100 billion, and there were expectations that financed development partners, "the private sector, national and foreign," the remaining funds to be spent in various areas identified by the plan and other activities not included in the plan Kinsatat insurance, banking and personal services other, but such a thing did not happen because of failure of the plan and prepare another plan approved by the Council of Ministers stretching from 2013 2017.
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