Thursday, May 3, 2012

Member Services Committee: capital "coward" and needs guarantees to come to Iraq

 Thursday, 03/05/2012


Baghdad (news) .. Member of the Committee confirmed the MP for the services / mass change / 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.
Said Tahir (of the Agency news) on Thursday: The investment process in Iraq need to be new legislation for investment given 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 capital was a "coward", so, investors need to ensure to bring their capital to Iraq, and this comes through the presence of Iraqi banks and sober working according to the modern technological development.

And the Arab Investment Conference to be held end of the year in Baghdad, Taher pointed to: it will greatly enhance the investment process in Iraq and Arab investors brought him through the activation of investments among Arab countries.

It is noteworthy that most of the world, especially Persian Gulf countries, depends on investment in all sectors to improve their economies by building and construction and the establishment of laboratories and factories and companies. / Finished / 8. D. Q /