Sun 06/17/2012
Baghdad (news) / report / Faleh Hussein / ..
Agreed by all MPs and economists, that free zones where a lot of pros
that will revive the national economy, especially in developing
countries.
And encourages MPs and economists steps we like more than a free zone for the exchanges of international trade on the territory of Iraq, given his country's geographic location linking the continents of Asia, Europe via the Gulf, and they confirmed (the Agency news) that it is one of the means of developing the Iraqi economy and raising its standards.
The expert strategic adviser in the Office of International Trade and Transportation reconcile inhibitor: that Iraq could create more of a free economic zone for the exchanges of trade due to its world, which links Europe and Asia through the Persian Gulf, in addition to the existence of a vast territory can be exploited on the Iraqi border with Kuwait, Jordan, Syria, and even with Turkey.
He called inhibitor: the need to create a holding company for funds by the Ministry of Commerce in order to allow the entry of international companies to help build international free zones in Iraq.
In case of establishment of the investment projects it will make an economic boom big in Iraq through what is achieved revenues of substantial financial, but they need to create a body of free zones and has full powers, as well as the establishment of Iraqi companies contribute to working in partnership with foreign companies, in addition to setting up a company Basra Holding and that which comes from international companies to invest in the region.
And is economic philosophy of free zones in the waiver State certain taxes due on any activity in order to achieve the benefit greater pan-economy of the country and adopted many of the world style of the free zones, especially in developing countries as to those areas free of importance in the creation of sources of additional funding for the development and attract foreign investment in a way and selective transfer of modern technology and operation of local labor to eliminate unemployment.
For his part, called a member of the Finance Committee MP / National Alliance / Secretary Hadi Abbas: to create more of a free zone in the country to strengthen the Iraqi economy and diversify its revenue finance, pointing out that many countries have recovered economically and got good gains as a result create free zones of trade exchanges like Iran and Turkey and the UAE.
Abbas said (of the Agency news) to: that Iraq could build more than one area, especially in Basra, overlooking the Gulf as well as with Turkey and with Iran, Jordan, and take advantage of transit for the exchange of commercial goods.
He added, must be displayed in the free zones in the provinces of Basra, Nineveh, Anbar, to invest, in order to qualify as one of the outstanding areas in Iraq.
In Iraq, there are currently three free zones belonging to the General Authority for Free economic zones are (Nineveh, Khor Al-Zubair, which is based).
The area is free in Khor Al-Zubair in the south-west of the city of Basra and at a distance (40 km) of an area (400 dunums) could be expanded and characterized by its strategic location overlooking the Persian Gulf, making it the focal point geographic important lines of international trade between the East and West.
While the free zone in Nineveh in the north of the country in Nineveh province on the road to Mosul - Zakho, is about (20 km) north of Mosul, an area of (160 dunums) could be expanded and characterized this region geographical location broker is located at the crossroads of roads and railways in different directions to Turkey and Syria, Jordan and the ports of Basra.
The free zone in the existing it is the other located in the northwest of the country in Anbar province and the Iraqi border - and the Syrian town limits (400 km) from Baghdad and the area (28 dunums) could be expanded and linked to Nineveh province by road (Rawa - conductor) with a length (270 km) down to the Turkish border and linked by road (based, Baghdad, Basra) long (900 km) almost up to the Persian Gulf.
As indicated by the Commission Services and Construction MP / coalition in Iraq / Suhad al-Obeidi, said the province of Basra alone can be created more than a free zone, either in the Safwan border with Kuwait or in the Khor Al-Zubair or in FAO, and will be a magnet for international companies.
She said al-Obeidi (of the Agency news): that the investment of those areas will achieve returns positive over all oil revenue because it will attract all the manufacturers and exporters in the world being Stakhtsr through the Suez Canal through which goods to arrive from Asia to Europe or vice versa.
She stressed the need to expedite created to diversify fiscal revenue and enhance the national economy.
Ruled out, while economic analyst Ibrahim al-Mashhadani: a major economic boom for Iraq in the event of the establishment of free zones for international economic exchange of goods they are just on the Iraqi border.
He said al-Mashhadani (of the Agency news): The economic boom in the country occur when the employment income of large financial generated from oil in the productive sectors of industry and agriculture, in other words, pay attention to industry supply and not demand and consumption, stressing that the Iraqi economy is not based on free markets.
It was established the General Authority for Free Zones Iraqi Law No. (3) for the year 1998 for the purpose of keep up with global developments of increasing coherence in international economic relations in the framework of economic freedom and advancing the socio-economic development forward by attracting capital, national, foreign, and the establishment of industrial projects that using advanced technology. / Finished / 8. d. Q /
And encourages MPs and economists steps we like more than a free zone for the exchanges of international trade on the territory of Iraq, given his country's geographic location linking the continents of Asia, Europe via the Gulf, and they confirmed (the Agency news) that it is one of the means of developing the Iraqi economy and raising its standards.
The expert strategic adviser in the Office of International Trade and Transportation reconcile inhibitor: that Iraq could create more of a free economic zone for the exchanges of trade due to its world, which links Europe and Asia through the Persian Gulf, in addition to the existence of a vast territory can be exploited on the Iraqi border with Kuwait, Jordan, Syria, and even with Turkey.
He called inhibitor: the need to create a holding company for funds by the Ministry of Commerce in order to allow the entry of international companies to help build international free zones in Iraq.
In case of establishment of the investment projects it will make an economic boom big in Iraq through what is achieved revenues of substantial financial, but they need to create a body of free zones and has full powers, as well as the establishment of Iraqi companies contribute to working in partnership with foreign companies, in addition to setting up a company Basra Holding and that which comes from international companies to invest in the region.
And is economic philosophy of free zones in the waiver State certain taxes due on any activity in order to achieve the benefit greater pan-economy of the country and adopted many of the world style of the free zones, especially in developing countries as to those areas free of importance in the creation of sources of additional funding for the development and attract foreign investment in a way and selective transfer of modern technology and operation of local labor to eliminate unemployment.
For his part, called a member of the Finance Committee MP / National Alliance / Secretary Hadi Abbas: to create more of a free zone in the country to strengthen the Iraqi economy and diversify its revenue finance, pointing out that many countries have recovered economically and got good gains as a result create free zones of trade exchanges like Iran and Turkey and the UAE.
Abbas said (of the Agency news) to: that Iraq could build more than one area, especially in Basra, overlooking the Gulf as well as with Turkey and with Iran, Jordan, and take advantage of transit for the exchange of commercial goods.
He added, must be displayed in the free zones in the provinces of Basra, Nineveh, Anbar, to invest, in order to qualify as one of the outstanding areas in Iraq.
In Iraq, there are currently three free zones belonging to the General Authority for Free economic zones are (Nineveh, Khor Al-Zubair, which is based).
The area is free in Khor Al-Zubair in the south-west of the city of Basra and at a distance (40 km) of an area (400 dunums) could be expanded and characterized by its strategic location overlooking the Persian Gulf, making it the focal point geographic important lines of international trade between the East and West.
While the free zone in Nineveh in the north of the country in Nineveh province on the road to Mosul - Zakho, is about (20 km) north of Mosul, an area of (160 dunums) could be expanded and characterized this region geographical location broker is located at the crossroads of roads and railways in different directions to Turkey and Syria, Jordan and the ports of Basra.
The free zone in the existing it is the other located in the northwest of the country in Anbar province and the Iraqi border - and the Syrian town limits (400 km) from Baghdad and the area (28 dunums) could be expanded and linked to Nineveh province by road (Rawa - conductor) with a length (270 km) down to the Turkish border and linked by road (based, Baghdad, Basra) long (900 km) almost up to the Persian Gulf.
As indicated by the Commission Services and Construction MP / coalition in Iraq / Suhad al-Obeidi, said the province of Basra alone can be created more than a free zone, either in the Safwan border with Kuwait or in the Khor Al-Zubair or in FAO, and will be a magnet for international companies.
She said al-Obeidi (of the Agency news): that the investment of those areas will achieve returns positive over all oil revenue because it will attract all the manufacturers and exporters in the world being Stakhtsr through the Suez Canal through which goods to arrive from Asia to Europe or vice versa.
She stressed the need to expedite created to diversify fiscal revenue and enhance the national economy.
Ruled out, while economic analyst Ibrahim al-Mashhadani: a major economic boom for Iraq in the event of the establishment of free zones for international economic exchange of goods they are just on the Iraqi border.
He said al-Mashhadani (of the Agency news): The economic boom in the country occur when the employment income of large financial generated from oil in the productive sectors of industry and agriculture, in other words, pay attention to industry supply and not demand and consumption, stressing that the Iraqi economy is not based on free markets.
It was established the General Authority for Free Zones Iraqi Law No. (3) for the year 1998 for the purpose of keep up with global developments of increasing coherence in international economic relations in the framework of economic freedom and advancing the socio-economic development forward by attracting capital, national, foreign, and the establishment of industrial projects that using advanced technology. / Finished / 8. d. Q /