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"Investing in Iraq and its chances of success" in the dialogue session of the Forum of the intellectual and national dialogue economy Since 07/15/2017 18:26 am (Baghdad time) BAGHDAD - scales News Baghdad held a forum for intellectual dialogue and national, Saturday, a session entitled (Investment in Iraq and the chances of success), in the presence of a number of deputies, officials and academic elites and a number of experts and businessmen. According to a statement of the Forum, received / scales News /, a copy of it, that "the forum held Halsth tagged (investment in Iraq and the chances of success)," adding that "the forum hosted by the President of the Iraqi Economic Council, Ibrahim al-Baghdadi al-Masoudi to deliver a lecture from his point of view especially as a sector." He explained that "the meeting took place in the forum Gardens in Mansour, was attended by, member of the Parliamentary Finance Committee Haitham al-Jubouri, a member of the Committee on Economy and Investment Parliamentary Faris Faris, a member of the Kurdistan Region Parliament Izzat Jaber Ismail, presidential adviser Abdul Latif Rashid, Minister of Foreign Affairs Advisor Ibrahim al-Obeidi, the Iraqi Council of economic Council board member Karim al-Yassiri, a member of the Iraqi Council of economic Council management Rafie al-Rawi, a member of the board of trustees of the economic Council Thaer Alfella, Council member Fawzi al-Araji, a member of the Council Ali Mohsen Farhoud, Director General of the investment Ikram Abdul Aziz Authority, ste Mohammed Jawad al-Jubouri, head of the Union of Cooperative Societies Mohammed Tariq Karim, Ibrahim al-Sarraj, Tariq Hashim Aboud, Kamran Yassin Nasser, financial expert names Baz, Ahlam al-Rubaie, Salih Mahdi Hamashi, Isin Kamal Mohamed Nouri, and a number of experts and businessmen. " He said the forum director Hashim Chandler, "I congratulate you and myself, and all the Iraqi people, the victories of our security forces are valiant in all its formations and crowd the popular hero and clans thoroughbreds and the Peshmerga forces editing dear Mosul, this is a brilliant victory achieved after reconciling God Almighty to meet our children and our brothers the historic fatwa of our reference wise," but also "the beginning let us agree that investment means (added value) which is the product of mixing and concerted efforts and money and expertise to emerge from institutions and installations (hotels or malls or residential units or factories ,,, etc.) through the national private sector companies or companies and Non-Iraqi investors so when we are talking about investment, we must talk about the private sector. " Reviewed Chandler, "a brief introduction on the history of the private sector in Iraq," asserting that "investment in any country should be under the umbrella of legal protect the investor and that the Iraqi constitution focused in Article 25 on the need for economic reform while confirming article 26 clearly and frankly on the organization of the investment law, and actually the investment Law No. 13 of 2006, it was founded. " He added that, "Unfortunately, the investment is facing significant challenges for many reasons, such as bureaucracy, red tape and financial corruption and the lack of seriousness of the state to confront abusers on the allocated investment government land, and the problem of funding, and a lot of other reasons," noting that "increased barriers to investment after its financial crisis on Iraq As a result of the Iraqi economy's dependence on a tributary one and is the oil, and add to that preoccupation with the country in the fight against terrorism, which is draining large amounts of the budget, in addition allocated to shelter and help the displaced amounts. " He explained, according to the statement, that "the committees formed, which included a number of businessmen and the private sector and workshops in this area reached by the Council of Ministers to work to start activating four important laws legislator but disabled, unfortunately, which is, to protect the national product law, protection Almtshlk Law, Law customs tariff, anti-dumping law, "explaining that" countries do not live only to industry, agriculture and tourism, and these activities lead to the use of manpower and the development of local industries, and today there is a shortage in the national product (made in Iraq) in the local markets, as a result of the lack of the ability of factories to compete with a Goods imported and this is the main reason for the closure of more than 40 000 plant and plant operator in Iraq. " The Chandler, that "if ripe reasons for re-opening of these plants, they will absorb at least 1.5 million jobs of graduates and skilled workers and unskilled", touching upon the "Central Bank of Iraq initiative and loans granted by the Housing Bank and the Housing Fund and the Agricultural Bank and the foot-dragging made in the launch of the industrial Bank loans as a result of the lack of feasibility businesses in applications for industrial bank loans, a result of the inability of borrowers to repay loans for industrial bank as a result of rival goods imported domestic product ".anthy 29/6 n
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Video: Al-Abbadi says that the Iraqis are more powerful than terror and face reconstruction 6 Saaە before 321 Views Prime Minister Haider al - Abadi said that the Iraqis is stronger than terrorism and face reconstruction.This came during a meeting this evening with members of the Iraqi Economic Council, adding that we have achieved a great victory in Qayyarah, and Mosul will be resolved soon. He said the prime minister that we are seeking to reduce operations corruption through reconstruction, adding that the biggest problem facing us is growling.