Central Bank announces Iraq's accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit

[yota691]

Central Bank announces Iraq's accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit

April 9, 2013 in economic

 

BAGHDAD - Iraq News Network: Iraqi Central Bank announced Tuesday the approval of the government on Iraq's accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit, pointing out that the decision will contribute to the increase of Iraqi exports and the inflow of foreign investments. The bank said in a statement today that "the Iraqi government has agreed to join the membership of the Islamic Corporation for the Insurance of Investment and Export Credit," he said, adding that "the institution has agreed to accept Iraq is a member." The bank added that "the decision will contribute to increased Iraqi exports and the inflow of foreign investments to him as well as to protect Iraqi investments in the Member States of the institution."The aim Islamic Corporation for the Insurance of Investment and Export Credit, which is located the headquarters of the main center of the institution in the city of Jeddah, Saudi Arabia to expand the framework of commercial transactions and encourage the flow of investments between the Member States in accordance with Islamic law.

[yota691]

 

 

Baghdad (news) .. Said a specialist in economic affairs Ismail Radi, that Iraq's accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit will increase Iraqi exports and attract international companies to invest in the country. Radi said (of the Agency news): The Islamic Corporation specialized to secure investment and export credit is one of the international institutions that maintain the rights of investors in all countries of the world, as well as it gives great features to attract foreign investment to countries. and added: get Iraq to full membership in this organization will increase its exports of non-oil and attract foreign investment to the country, in addition to investment protection Iraqi member states of the institution , stressing that Iraq's accession is a positive step towards the development of the national economy. This was announced CBI, for government approval on Iraq's accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit, pointing out that the decision will contribute to increased Iraqi exports and the flow of foreign investment. aims Islamic Foundation for the Insurance of Investment and Export Credit, which is located the headquarters of the main center of the institution in the city of Jeddah, Saudi Arabia to expand the framework of commercial transactions and encourage the flow of investments between the Member States in accordance with Islamic law. / end / 8.. /

some info 

General Financial Services Companies that provide financial services and products that facilitate the creation, liquidation, or change in ownership of money and other financial assets. Includes credit-related services, investment-related services, oversight services, investment banking, all other banking, insurance, central banks and monetary authorities, and stock exchanges.

[gregp]

They are getting it done! You're on fire today Yota!

[sandfly]

yep

[hammer911]

Good Morning  Yota!!Great find Yota!!!!!! GO RV!!!~~~

[hame55]

Central Bank announces Iraq's accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit

April 9, 2013 in economic

 

BAGHDAD - Iraq News Network: Iraqi Central Bank announced Tuesday the approval of the government on Iraq's accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit, pointing out that the decision will contribute to the increase of Iraqi exports and the inflow of foreign investments. The bank said in a statement today that "the Iraqi government has agreed to join the membership of the Islamic Corporation for the Insurance of Investment and Export Credit," he said, adding that "the institution has agreed to accept Iraq is a member." The bank added that "the decision will contribute to increased Iraqi exports and the inflow of foreign investments to him as well as to protect Iraqi investments in the Member States of the institution."The aim Islamic Corporation for the Insurance of Investment and Export Credit, which is located the headquarters of the main center of the institution in the city of Jeddah, Saudi Arabia to expand the framework of commercial transactions and encourage the flow of investments between the Member States in accordance with Islamic law.

They can join this, the WTO, OPIC and any other foreign investment agency they want - and use dollars as their currency.