Member of the economy: activate investment law will attract foreign companies to invest in Iraq

Member of the economy: activate investment law will attract foreign companies to invest in Iraq
Date: 08/18/2012 14:46:02 Saturday



Baghdad (news) .. a student member of the Committee on Economy and Investment parliamentary MP / state law / Abdul Salam al-Maliki, the Iraqi government to speed up activating the new investment law.
Maliki said in a statement received by the Agency (news) copy of it on Saturday: The new investment law guarantees more than (70) material is very important in order to achieve the Iraqi economy advanced qualitative and in line with global conditions and development where we see that such a rules supposed to grant state interest and focus more. added: The law will remove a lot of distortions that hit the Iraqi economy and reduce to some extent significant financial and administrative corruption in addition to that he will give more opportunities for foreign companies investing in order to enter Iraq and work by reducing red tape and procedures Altaqidah and constraints that make such companies alienated from the Iraqi arena. Between: The new investment law e falls within the reform process taking place Iraq through mutual understandings between all political parties as may be considered activate 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 unification of references economic and investment in a circle or a single body through one law saves investors from problems to deal with more than the law at one time. / end / b. / PVC

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