Monday, February 13, 2012

World Bank Calls for Iraq to work single-window system



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The independent Iraqi news agency / Baghdad ... called the World Bank, the Iraqi government to the activation of the introduction of single window to address the problem of not dealing with professional investors, while the Ministry of Finance explained that the system of single window is not a magic key to success. The head of the World Bank team of experts charged with monitoring the process of development and investment in Iraq

Dr Majid picture taken in a press statement the reporter (and independent Iraqi news agency) that the system of single window is in the Iraqi investment law, but he has not done yet.

He called for Application of the single window system because it will contribute to addressing the problem of not dealing with professional investors, that has plagued Iraq today. "

He stressed that the picture There are now reluctant to invest in Iraq despite the availability of the great opportunities available.

The current economic situation in Iraq prompted some international economic institutions to put forward many plans and projects, to encourage investors to enter the Iraqi market.

For his part, said an expert in the Ministry of Finance, Dr. Hilal said the miller This system can serve the movement of investment in Iraq, but its application needs to provide other essential ingredients for success.

Miller said that the system of single window is not a magic key to success in the absence of attractive investment climate in Iraq.

It is said that the single window system is applied in most countries of the world in order to unite all government measures relating to the provision of facilities for investors in one hand, to save time and effort.

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