Najaf decided to give Arab and foreign investors, "Visa for a year" from within its international airport

[Butifldrm]

Najaf decided to give Arab and foreign investors, "Visa for a year" from within its international airport

 

09-09-2013 | (Voice of Iraq) -  Add a comment -    Range Press / Najaf 

Council decided to Najaf on Monday, granting Arab and foreign investors wishing to invest in the province visas (Visa) from within the Najaf airport, "and that" the visa will be valid for a year, "and noted that the aim of this action" to increase the volume of investments and reduce obstacles Front investors ", as investors counting the decision as" Saeb and contribute to creating a fertile environment for investment in the province. " 

The Chairman of the Investment Committee of the Council charm Fatlawi in an interview (range Press) "The Council decided, in cooperation with the security authorities concerned give investors wishing to invest in the province who hold foreign nationalities, Arab and coming across Najaf International Airport visas (Visa) inside the airport window for a year , "adding that" the decision came after complaints by investors, especially Arabs and foreigners who wish to invest in the province. " 

She Fatlawi that "the resolution requires obtaining the approval by the Directorate of citizenship and public assistance of the Directorate of sexual Najaf as the investor can now get a visa entry inside the airport and the power for an entire year without affecting this issue on the implementation of investment projects," indicating that "in the past, the investor provides request via the Iraqi embassy in the country where the resident and then waits obtain an entry visa by the Ministry of the Interior, which requires up to six months to get a visa for a period of one month. " 

For his part, investor Ramez Mohammed said in an interview with the (Presse term) that "this decision Saeb and the recovery of the investment sector and contribute to creating a fertile environment for investment in the province." 

Mohammed added that "most investors are suffering from the issue of obtaining visas for them and for foreign labor Istsahbha Almsttmmermah not given them more than three months stay and then forced to leave the country and return to the same procedures that cause obstruct the implementation of investment projects." 

The Investment Commission of Najaf welcomed, in (July 22 2013), the decision of the Iraqi government to abolish customs tariff in front of the investment companies, and showed that "encourage" companies to demand to invest in Iraq being a "want to profit," While confirmed the presence of "(207) leave granted to Iraqi and Arab companies and foreign "in the province, attributed the reasons for the reluctance of the investment companies to" red tape, corruption and lack of seriousness of the investor. " 

A source in the Information Service of the House of Representatives, said in a (July 16, 2013), in an interview (range Press), "The Council voted to approve in principle to continue reading a bill exempting Iraqi and foreign companies implementing investment projects from taxes and fees after he finished the first reading Law submitted by the committees of Finance, Economy and Investment and legal, "explaining that" aims to support development projects through the granting of privileges, exemptions and simplify the implementation and realization of development projects and encourage companies and contractors for the implementation of planned projects in the investment platform. " 

The Iraqi government announced, in (May 15, 2013), approval of a bill exempting Iraqi and foreign companies implementing investment projects, from taxes and duties, stressing forwarded to Parliament for approval, as pointed out that the Council of Ministers will hold a special meeting to discuss the development plan for the four years to come.

 

Read more: http://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D115430&usg=ALkJrhgw0wmmB-P77-iB0IFY_30Jh7Jv6g#ixzz2eRzZOrCn

 

[Butifldrm]

The Investment Commission of Najaf welcomed, in (July 22 2013), the decision of the Iraqi government to abolish customs tariff in front of the investment companies, and showed that "encourage" companies to demand to invest in Iraq being a "want to profit," While confirmed the presence of "(207) leave granted to Iraqi and Arab companies and foreign "in the province, attributed the reasons for the reluctance of the investment companies to" red tape, corruption and lack of seriousness of the investor. " 

 

It appears there will be no Tariff Law and subsequently No WTO, until Iraq moves into article VIII, and gives the Dinar some value. Now this could be the reason they are pressing on with 2 readings of the Law of Protection for Iraqi Products. 

[TBomb]

Great post, Buti!

[sandfly]

THANKS