First International Investment Conference under the auspices of the Committee on Economy and Investment parliamentary

[yota691]

Urgent ..antlaq First International Investment Conference under the auspices of the Committee on Economy and Investment parliamentary

History of edits:: 2.4.2015 13:16 • 15 visits readable

{Baghdad: Euphrates News} zap First International Investment Conference, on Wednesday, under the auspices of the Committee on Economy and Investment parliamentary.

A reporter for the agency {Euphrates News} today that "the presence of Deputy Prime Minister for the Economy Rose Nuri Shaways launched the first international investment conference, sponsored by the Committee on Economy and Investment representative." The conference was attended by investment agencies and a number of investors inside and outside Alarac.anthy

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Araji calls for the activation of Article 15 of the Investment Law

 

Published on Wednesday, February 4, 2015 04:54 Written by: Laith Mohammed Reza Hits: 38

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) - Deputy Prime Minister Bahaa al-Araji, boil the activation of Article 15 of the Investment Law.

They said in his speech at the International Conference on Investment in Iraq, which is hosted by the Committee on the economy and invest in the House of Representatives, that Article 15 if it did would address all impediments to the investment process, as well as giving broad powers to the provinces to facilitate investment.

 

Economy and Investment parliamentary: the government and parliament are keen on the success of any opportunity to provide the Iraqi economy diversity

History of edits:: 2.4.2015 1:01 p.m. • 12 visits readable

{Baghdad: Euphrates News} The head of the Commission on Economy and Investment parliamentary Jawad al-Bolani, on Wednesday, the government and parliament are keen on the success of any opportunity to provide the Iraqi economy diversity.

Bolani said in his speech during the First International Investment Conference which was held in Baghdad attended by Agency correspondent {Euphrates News} today that "the government and the House of Representatives is keen to ensure the success of any opportunity to provide the Iraqi economy, which is needed diversity to the economic situation and the development of his abilities service." 
He added, "The Commission of Economy sure that a conference of investment and legislation investment law alone is not enough, but we need a package of laws," adding that "the investment in Iraq is an investment for the future." 
It is noted that in the presence of Deputy Prime Minister for the Economy Rose Nuri Shaways launched The First International Investment Conference Wednesday morning, under the auspices of the Committee on Economy and Investment Algnapeh.anthy

 

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Shaways: Investment tripped due to conditions in the forefront of violence

 

Published on Wednesday, February 4, 2015 04:47 Written by: Laith Mohammed Reza Hits: 23

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) - Deputy Prime Minister Nuri Shaways, Wednesday, said the investment path in Iraq has been stalled due to several circumstances in the forefront of the violence.

He Shaways in his speech at the International Conference on Investment in Iraq held by the Committee on Economy and Investment in the House of Representatives, it does not invest in Iraq without the presence of electric power, as pointed out by Deputy Prime Minister Bahaa al-Araji, that investment has become an urgent necessity in Iraq, noting that companies global expressed interest in investing in the country.

 

Albjara: international investment conference will contribute to gain investors

 

Published on Wednesday, February 4, 2015 07:43 Posted By: Jawad dreams Hits: 13

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) - Chairperson of the committee preparing the paper said the International Investment Conference MP Nora Albjara, the first international investment conference will contribute to the gain investors and revive the Iraqi investment.

 

 Albjara and added that "the first international investment conference will highlight the obstacles facing investment in Iraq, and how to solve them in order to work on the revitalization of the area of ​​Investor and revive the country's economy."

 

The Deputy Prime Minister Nuri Shaways in his speech at the conference on Wednesday, that the investment path in Iraq has been stalled due to several circumstances in the forefront of the violence, noting that he does not invest in Iraq without the presence of electric power.

 

The head of the National Investment Commission Sami al-Araji, Wednesday, that did not take a single-window range on earth, for administrative reasons hindered implementation.

 

 From: Haider Sheikh, the Open: Faten Hussein

[yota691]

 

 

Deputy Prime Minister Ruz Nuri Shaways

Shaways offers more than a dozen proposals to promote investment notably the abolition of "laws inherited"

 

Author: BS, HH 
Editor: BS, HH 4/2/2015 ten forty-fivenumber of readings: 229 

 

Long-Presse / Baghdad 

The Deputy Prime Minister Ruz Nuri Shaways, on Wednesday, ten proposals for the advancement notably the abolition of "laws inherited" from previous eras, as well as support and the assignment of private banks to participate in the investment process, as called for continuing adjustments in the investment law, stressed the need for infrastructure, processing and especially energy as the basis in the investment process.

Shaways said in a speech at the International Investment Conference which was held at the Babylon Hotel in central Baghdad and attended (range Press), "The upgrading of the investment needs to be comprehensive steps on the social, economic and legal levels and the other to provide a healthy investment climate that promotes laws, as well as the cooperation of the executive and legislative branches for the abolition of all laws inherited from the previous covenants that are inconsistent with the investment policy and development process of the state. "

Shaways said that "one of the important proposals for the development of the investment is to fight red tape and bureaucracy and limiting procedures in investment projects, transactions and limited time via electronic correspondence," and called for "solving the problem of the allocation of plots of land for the establishment of investment projects that represent the most important obstacle to investment."

The Vice Prime Minister to "the need to give a greater role for local governments in federal projects and the contribution of the private agencies specializing in providing consultancy sector," stressing "the need for the private sector restores activity and find an opportunity of real partnership with the public sector and foreign investors to implement projects to support."

Shaways said that "it is necessary to the continuation of the amendments to the investment law in order to stay in line for the variables in different countries as well as the fight against financial and administrative corruption and limit the influence and awareness of its dangers," calling to conduct surveys to determine Iraq's economic and development and investment possibilities and employment and encouraging government banks to take the role and reconsider abide by its laws to keep up with developments in the banking world. "

He stressed Shaways on "infrastructure and services to address, especially in the field of energy investment universe are not taken without them."

The board of Investment Baghdad demanded, in the second of September 2015, Prime Minister Haider al-Abadi to form a committee to study the draft amendment to the Investment Law, attributed the reason to the failure to address the major issues that support investment projects, and accused the ministries of "blocking" projects, likely not to pass the draft law in parliament.

The House of Representatives in October passed, in 2006 the Iraqi investment law, which it was said at the time that it would open the door to foreign investment, because introducing a lot of facilities to foreign investors, but that many foreign companies are still hesitant because of fears that the security situation unstable in Iraq, adding that the law did not give investors the right to ownership of the property the project, and equated the Iraqi and foreign investors in each concession, with the exception of real estate ownership, where can the foreign investor of the lease the land for 50 years, subject to renewal, according to paragraph 11 of the Code investment, to vote in the House of Representatives in 2010, to modify it.

 

 

[yota691]

 Araji praises cooperation between the executive and legislature in the first International Investment Conference powers

04/02/2015 12:05 | Number of Views: 575

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Conscious / Baghdad / P u

Deputy Prime Minister Bahaa al-Araji care Parliament investment conference is the responsibility of the executive authority, a sign of cooperation and coordination between the two big powers.

Said in a speech to the International Conference for the first investment pursued ( and the Iraqi News Agency Information / INA ) that "these institutions and feeling lately that the investment was not just a need, but an urgent necessity in light of the circumstances experienced by the country, and in light of the fact that investment recent experience in the country delayed by certain circumstances, despite Matqom by the Investment Authority. "He added Araji:" We must work to overcome these difficulties in the presence of a substance in the budget number 15 gave the ministries and provinces, the right to exclude from the laws in force. "He pointed to the investment", an orientation for countries and companies major investment in Iraq, and we have to go to attract these countries, companies and overcome Maigv overall investment of difficulties ". The began in Baghdad this morning First International Investment Conference, held by the body of economy and investment representative, for two days, in the presence of the Vice Prime Minister Ruz Nuri Shaways and Bahaa al-Araji and a number of ministers, MPs and specialists and representatives of a number of domestic and foreign companies.

[captl1]

Keep it coming Yota!  Good job!

[wbuse984]

Ditto to what Captl1 just said Yota... :bump:

[SocalDinar]

Another related article

 

President of the national investment Commission offered five solutions to achieve a "qualitative leap in investment" President of the national investment Commission offered five solutions to achieve a "qualitative leap in investment"

Section: «Economic February 4, 2015 3: 47 PMNumber of readers:13

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National Investment Commission Chief Sami Al-araji, said Wednesday, five solutions to achieve a "qualitative leap in investment sector in Iraq, and stressed that the single window to leave investment were not implemented, as the Commission has awarded 1035 vacation investment.

Sami Al-araji said in a speech during an investment conference held in Hotel Babylon, central Baghdad that "there are five solutions are summarized for the constraints if applied to achieve a qualitative leap in investment sector in Iraq."

Araji said that "the first point is the single window that did not take the origins and this is the basis on no serious investors to invest in Iraq and why is still a centralized economy and the economic reforms initiated in 2004 to 2014 and the brothers in the Commission advisers have duties in this aspect were presented at the Council of Ministers and I went to the House of representatives and was giving us a great view of the economic reform process requires that the bureaucratic and administrative dismantle large rooms in ministries or departments Local provinces. "

Araji said that "this point must be addressed, and the Prime Minister's Office and General Secretariat of the Council of Ministers to Commission consultants and others consider this issue seriously after the constraints and the time that we lost at this stage because of the lack of investment culture and understanding of investment and knowledge requirements of the investment process from State contracts".

Araji said that "the second point is the issue of land, there is a clear provision in the law says requiring all owners of land and name that is valid from the land to the National Commission to provide to investors and not with regret, but became the subject of land be pitiful and introduced in many things that do not want to take the time, but it is also taken seriously full now and must take wider range and in each province and territory for investment Even classified as fundamentalist in investment map and give investors ".

Araji said that "the investment while we are with what is the nature of the services required for these projects for budgets that the investor needs some services some of which are very important for the success of the investment process."

Araji said that "funding should be pursued and should be reviewed by the law 94 of 2004 Banking Act to add to her business development and the law of the Central Bank and private banks must enter the development process and in the Economic Committee we discussed lots of ideas and opinions in this aspect and there will be a proposal that the Central Bank funds are quickly excreted from private banks to the Bank of industry, agriculture, real estate and other money we have proposed five billion dollars to the benefit of zero as It exists in many States either America or the European Union, and so do small and medium-sized enterprises in this area in addition to the Commission proposal to establish a Development Bank that will see the light to support investment in this aspect and the money secreted by the national budget to build this amount and intricacies with international banks. "

Araji said that "These refer to persons with disabilities is important investment bodies in provinces where no stray from entanglements in the provincial councils and there was a big influence in this matter and we have disrupted a lot of investment in the provinces to do their duties properly, and these entanglements should get rid of them", adding that "this is in addition to the many constraints that are equally important complementarity must be processed to come up with the thing and the whole investment environment Businessmen and investors in addition to numerous initiatives in the country. "

Araji said that "there are a number of initiatives, including educational and agricultural initiatives, which took its two larger and adding to economic reform is the industrial initiative as well as an initiative to support private sector development to be submitted by the Commission after the Advisory Committee discussed and will be discussed in the Cabinet and to Parliament for legislation, these are important things that you must take all in parallel until we proceed with what is required of a country with all the possibilities and investment map with many projects both small or medium or Strategic and, God willing, in the next five-year plan will see the fruits of this. "

Araji said that "the Commission submitted a proposal for amendment of the Investment Act to conform with all of these requirements and the difficulties mentioned, the content of these amendments and exceptions of the many laws that hinder investment process", adding that "some existing laws if we take exception to give broader launch, and today and tomorrow we hear and not fear criticism and we are with you to solve problems together and proceed towards the great view of nation-building.

Al-araji said, "that if we look at the past five years, we will find that we are giving us an approximate value leave 1135 73 billion dollars and is 20% of the value of what we do at the London Conference on the first amendment."

And Deputy Prime Minister Roz Nuri shawis as well as presented in his speech during the Conference itself, more than a dozen proposals to improve notably the abolition of the "laws" of previous eras, as well as support private banks to participate in the investment process, and called for continued adjustments in the investment law, stressed the need to address infrastructure, especially energy being in the investment process.

Baghdad Investment Commission was called in from 2015, Prime Minister Haidar Al-Abbadi, a Commission to study the draft amending the Investment Act, his be or become poor due to not addressing the key issues in support of investment projects, and accused Ministers of "block" projects, outweigh not to pass the Bill in Parliament.

 

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[yota691]

Deputy for the National: It disrupts the wheel of investment to achieve the goals of the terrorist Daash

History of edits:: 2.4.2015 9:51 p.m. • 76 visits readable

{Baghdad: Euphrates News} MP for the National Alliance, Mohammed al-Shammari, Wednesday, on the importance of investing in supporting the national economy and the advancement of the reality service and urban.

Al-Shammari said, in a statement, the agency {Euphrates News} received a copy of it today that "Iraq today need more than ever investment and activating the role of the private sector and unlock them in the Iraqi market and get the economy moving, development and reconstruction. 
Shammari said that there is a deficit in the policy of reform Economic and exceeded rentier economy by seeking to diversify its resources, especially since Iraq has the industrial resources, agricultural and tourist magnet which constitute the elements important to the success of the investment, pointing out that it disrupts the wheel of investment to achieve the goals of the terrorist Daash in infrastructure and superstructure for Iraq to destroy. 
He pointed to "the need to benefit from the experiences States that have got up economic and urban renaissance through the activation of the role of the private sector, noting that the provision of legal and security appropriate environment for investors as well as providing facilities, will contribute to attracting investors. 
He stressed Shammari that all state institutions must be aware of their role and responsibilities in this area as well as the need for media, cultural institutions and civil society organizations in turn consolidate the investment and the private sector culture. 
and dashed Wednesday First International Investment Conference, sponsored by the Committee on Economy and Investment parliamentary .anthy 
The Commission on Economy and Investment parliamentary "The government and parliament are keen on the success of any opportunity to provide the Iraqi economy, which is need diversity to the economic situation and the development of his abilities ".mbana that" the Committee of Economy sure that the service hold a conference for investment and legislation investment law alone is not enough, but we need a package of laws, "adding that" the investment in Iraq is an investment for the future. " .it's over

The opening of the First International Investment Conference in Baghdad

Justice / Salah al-Hassani - 02/05/2015 - 1:14 | Hits: 11

 

Opened in Baghdad yesterday for the First International Investment Conference to be held by the economy and investment parliamentary body, for two days, 

The presence of the Vice Prime Minister Ruz Nuri Shaways and Bahaa al-Araji, and a number of ministers, MPs and specialists and representatives of a number of local companies and Alajunbah.wachar Deputy Prime Minister Ruz Nuri Shaways in a speech to the presence of more than a dozen proposals for the advancement of the most prominent Cancel "laws inherited" from previous eras, as well as support and assign private banks to participate in the investment process, as called for continuing adjustments in the investment law, and stressed the need for infrastructure, especially energy-related treatment as a basis in Alastosmar.mn process his part, Deputy Prime Minister Bahaa al-Araji, care Parliament investment conference the responsibility of the executive branch, evidence of cooperation and coordination between the two big Alsulttin.oukal in his speech that these institutions feel taken recently that the investment was not just a need, but an urgent necessity in light of the circumstances experienced by the country, and in the fact that the investment in the country's recent experience delayed by certain circumstances, despite Matqom by the Investment Authority. "He added Araji:" We must work to overcome these difficulties in the presence of a substance in the budget number 15 gave the ministries and provinces, the right to invest an exception to the laws in force. "He pointed to" having directed to states and large companies to invest in Iraq, We have to go to attract these countries, companies and overcome Maigv overall investment of difficulties ".oukdm president of the board of the national investment Sami al-Araji, five solutions to achieve" quality of investment in Iraq sector boom, and confirmed that the single window to the granting of investment licenses have not been implemented, as pointed out that the body was granted 1035 holiday Astosmaria.oukal Sami al-Araji, in a speech during the conference that "there are five solutions are summarized to face obstacles if we apply what we will achieve the quality of the investment boom in the sector of Iraq." He added that al-Araji "The first point is the one window that did not take Mdyatea a factor in the lack of basis access adult serious investors to invest in Iraq and the reason is still in the centralized economy and economic reforms that we have begun in 2004, and up to 2014 and the brothers in the committee advisers have great duties in this aspect and presented at the Economic Committee of the Council of Ministers and I went to the House of Representatives and they give us great views because of the reform process Economic require that dismantle the bureaucracy and administrative large in ministries or local administrations in the provinces. "He Araji that" this point must be addressed, and began to Prime Minister's Office and the General Secretariat of the Council of Ministers as well as the board of advisers and others to consider this issue seriously after brief them on constraints as well as the time that we lost at this stage due to lack of investment culture and understanding of investment and knowledge of the process requirements of investment away from the state for decades, "He pointed Araji that" The second point is the subject of land there is a clear provision in the law says oblige all owners of the land and the name that offers what in favor of land for investment into the national body was so offered to investors were not so with regret, but became the subject of land in the event of a pitiful and introduced in many of the things that do not want to take the time where, but this topic as well as taken with the seriousness full now must take a range of wider What are the land in each province and safe investment even fundamentalist classified as investment map is given to investors ", stressing al-Araji, the need to" identify investment while maintaining bodies and we are with the ministries and what is the nature of the services required for these projects in order to be placed in the budget the fact that the investor needs to be some services and some of them very important for the success of the investment process. "He pointed Araji that" the subject of funding is something to be pursued and must reconsider the law 94 of 2004, the Banking Act in order to be a development in addition to its business and the law of the Central Bank and private banks must intervene in the development and the investment process in the Economic Commission discussed a lot of ideas and opinions in this side and there was a proposal to be implemented is that the central bank finances are excreted from private banks, in addition to the industrial, agricultural, real estate and other bank in the amount of money we have proposed five billion dollars, an interest rate of zero, as is found in many countries, whether the United States or the European Union, So do the small and medium enterprises in this aspect as well as the proposal of the Authority for the establishment of a development bank, God willing, see the light to support investment in this aspect and the amount of money is secreted from the national budget even this amount is built and Pichapkat with international banks. "He explained Araji that" in these constraints refer to disabled important a work of investment authorities in the provinces where no move away from entanglements developments in the provincial councils and there was a great influence in this matter and thus interrupted a lot of investment authorities in the provinces of carrying out their duties as they should, and therefore these entanglements must get rid of them, "asserting that "These constraints in addition to a lot of them that are equally important integrative must be addressed even get out the required investment and the environment sought by all businessmen and investors something in addition to the many initiatives that have been in the home" .ofatt Araji that "there are a number of initiatives, including initiatives educational, agricultural, and that took its scope wider and there are initiatives in addition to economic reform is the industrial initiative as well as the support and development of the private sector to be submitted by the board of advisers after he discussed the Economic Commission will be discussed in the Council of Ministers are paid to the House legislation These are important things that you should take the whole parallel initiative work until we proceed with what is required from the country of all possibilities and a map of the investment bus much of projects, whether small, medium or big strategic and, God willing, in the next five-year plan to see the fruits of this ".oshdd Araji that" the Authority submitted a proposal for the second amendment to the investment law to be consistent with All of these requirements, including the difficulties reported and contained in these amendments and exemptions from many laws that hinder the process of investment, "adding that" some of the existing laws if we take exception Launches wider, and therefore today and tomorrow, we hear not afraid of criticism and we are with you there are problems to be solved together and proceed towards the Great View to build Aloutn.oakd Araji, "that if we look at the past five years, we will find that we granted the 1135 holiday approximate value of $ 73 billion, which is 20% of the value of what our face in the London Conference on the First Amendment." The board of Investment Baghdad demanded, in the second of September 2015, Prime Minister Haider al-Abadi to form a committee to study the draft amendment to the Investment Law, attributed the reason to the failure to address the major issues that support investment projects, and accused the ministries of "blocking" projects, likely not to pass the draft Barlman.ivkr law in the House of Representatives approved in October 2006, the Iraqi investment law, which it was said at the time that it would open the door to foreign investment, because introducing a lot of facilities to foreign investors, but that many foreign companies are still hesitant because of fear of the security reality unstable in Iraq, adding that the law did not give investors the right to ownership of the property the project, and equated the Iraqi and foreign investors in each concession, with the exception of real estate ownership, where can the foreign investor of the lease the land for 50 years, subject to renewal, according to the Paragraph 11 of the Investment Law, to vote in the House of Representatives in 2010, the amended

 

I've heard about the 50 year note..now I'm reading it...WOW...

[lillymoon]

The opening of the First International Investment Conference in Baghdad

Justice / Salah al-Hassani - 02/05/2015 - 1:14 | Hits: 20

 

Opened in Baghdad yesterday for the First International Investment Conference to be held by the economy and investment parliamentary body, for two days, 

The presence of the Vice Prime Minister Ruz Nuri Shaways and Bahaa al-Araji, and a number of ministers, MPs and specialists and representatives of a number of local companies and Alajunbah.wachar Deputy Prime Minister Ruz Nuri Shaways in a speech to the presence of more than a dozen proposals for the advancement of the most prominent Cancel "laws inherited" from previous eras, as well as support and assign private banks to participate in the investment process, as called for continuing adjustments in the investment law, and stressed the need for infrastructure, especially energy-related treatment as a basis in Alastosmar.mn process his part, Deputy Prime Minister Bahaa al-Araji, care Parliament investment conference the responsibility of the executive branch, evidence of cooperation and coordination between the two big Alsulttin.oukal in his speech that these institutions feel taken recently that the investment was not just a need, but an urgent necessity in light of the circumstances experienced by the country, and in the fact that the investment in the country's recent experience delayed by certain circumstances, despite Matqom by the Investment Authority. "He added Araji:" We must work to overcome these difficulties in the presence of a substance in the budget number 15 gave the ministries and provinces, the right to invest an exception to the laws in force. "He pointed to" having directed to states and large companies to invest in Iraq, We have to go to attract these countries, companies and overcome Maigv overall investment of difficulties ".oukdm president of the board of the national investment Sami al-Araji, five solutions to achieve" quality of investment in Iraq sector boom, and confirmed that the single window to the granting of investment licenses have not been implemented, as pointed out that the body was granted 1035 holiday Astosmaria.oukal Sami al-Araji, in a speech during the conference that "there are five solutions are summarized to face obstacles if we apply what we will achieve the quality of the investment boom in the sector of Iraq." He added that al-Araji "The first point is the one window that did not take Mdyatea a factor in the lack of basis access adult serious investors to invest in Iraq and the reason is still in the centralized economy and economic reforms that we have begun in 2004, and up to 2014 and the brothers in the committee advisers have great duties in this aspect and presented at the Economic Committee of the Council of Ministers and I went to the House of Representatives and they give us great views because of the reform process Economic require that dismantle the bureaucracy and administrative large in ministries or local administrations in the provinces. "He Araji that" this point must be addressed, and began to Prime Minister's Office and the General Secretariat of the Council of Ministers as well as the board of advisers and others to consider this issue seriously after brief them on constraints as well as the time that we lost at this stage due to lack of investment culture and understanding of investment and knowledge of the process requirements of investment away from the state for decades, "He pointed Araji that" The second point is the subject of land there is a clear provision in the law says oblige all owners of the land and the name that offers what in favor of land for investment into the national body was so offered to investors were not so with regret, but became the subject of land in the event of a pitiful and introduced in many of the things that do not want to take the time where, but this topic as well as taken with the seriousness full now must take a range of wider What are the land in each province and safe investment even fundamentalist classified as investment map is given to investors ", stressing al-Araji, the need to" identify investment while maintaining bodies and we are with the ministries and what is the nature of the services required for these projects in order to be placed in the budget the fact that the investor needs to be some services and some of them very important for the success of the investment process. "He pointed Araji that" the subject of funding is something to be pursued and must reconsider the law 94 of 2004, the Banking Act in order to be a development in addition to its business and the law of the Central Bank and private banks must intervene in the development and the investment process in the Economic Commission discussed a lot of ideas and opinions in this side and there was a proposal to be implemented is that the central bank finances are excreted from private banks, in addition to the industrial, agricultural, real estate and other bank in the amount of money we have proposed five billion dollars, an interest rate of zero, as is found in many countries, whether the United States or the European Union, So do the small and medium enterprises in this aspect as well as the proposal of the Authority for the establishment of a development bank, God willing, see the light to support investment in this aspect and the amount of money is secreted from the national budget even this amount is built and Pichapkat with international banks. "He explained Araji that" in these constraints refer to disabled important a work of investment authorities in the provinces where no move away from entanglements developments in the provincial councils and there was a great influence in this matter and thus interrupted a lot of investment authorities in the provinces of carrying out their duties as they should, and therefore these entanglements must get rid of them, "asserting that "These constraints in addition to a lot of them that are equally important integrative must be addressed even get out the required investment and the environment sought by all businessmen and investors something in addition to the many initiatives that have been in the home" .ofatt Araji that "there are a number of initiatives, including initiatives educational, agricultural, and that took its scope wider and there are initiatives in addition to economic reform is the industrial initiative as well as the support and development of the private sector to be submitted by the board of advisers after he discussed the Economic Commission will be discussed in the Council of Ministers are paid to the House legislation These are important things that you should take the whole parallel initiative work until we proceed with what is required from the country of all possibilities and a map of the investment bus much of projects, whether small, medium or big strategic and, God willing, in the next five-year plan to see the fruits of this ".oshdd Araji that" the Authority submitted a proposal for the second amendment to the investment law to be consistent with All of these requirements, including the difficulties reported and contained in these amendments and exemptions from many laws that hinder the process of investment, "adding that" some of the existing laws if we take exception Launches wider, and therefore today and tomorrow, we hear not afraid of criticism and we are with you there are problems to be solved together and proceed towards the Great View to build Aloutn.oakd Araji, "that if we look at the past five years, we will find that we granted leave in 1135 approximate value of $ 73 billion, which is 20% of the value of what our face in the London Conference on the First Amendment." The board of Investment Baghdad demanded, in the second of September 2015, Prime Minister Haider al-Abadi to form a committee to study the draft amendment to the Investment Law, attributed the reason to the failure to address the major issues that support investment projects, and accused the ministries of "blocking" projects, likely not to pass the draft Barlman.ivkr law in the House of Representatives approved in October 2006, the Iraqi investment law, which it was said at the time that it would open the door to foreign investment, because introducing a lot of facilities to foreign investors, but that many foreign companies are still hesitant because of fear of the security reality unstable in Iraq, adding that the law did not give investors the right to ownership of the property the project, and equated the Iraqi and foreign investors in each concession, with the exception of real estate ownership, where can the foreign investor of the lease the land for 50 years, subject to renewal, according to the Paragraph 11 of the Investment Law, to vote in the House of Representatives in 2010, the amended

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[yota691]

Chairman of the Parliamentary Foreign Relations emphasize during the First International Investment Conference to be held represents a quantum leap for the Iraqi economy

 

Wed Feb 04 2015 11:29 p.m. | (Voice of Iraq) - Add Comment - Saad Al Kaabi, Chairman of the Committee on Foreign parliamentary relations, confirmed that the investment in Iraq is of recent experiences in the country so the competent authorities to make arrangements for the success of the plans as such experiences and overcome all obstacles a barrier to success. He Chuird while attending the First International Investment Conference held by the Economic Commission representative that many of the Arab and international companies known to have shown willingness to invest in Iraq, which will reflect positively on the local economy, stressing that this conference represents a quantum leap great economic boom contribute to the re age of the infrastructure of the country. The conference was held in the presence of a large number of political, economic, academic and government institutions and a number of representatives of international companies interested in investing to discuss the mechanisms and ideas that contribute to the revitalization of the movement of investment in Iraq and open the doors to international companies through the activation of the laws and find ways to facilitate characters its mission in support of investment in various sectors, which needs to have a solid companies for the rehabilitation of the infrastructure of the country. On the other hand Chuird held talks with Minister of Water Resources Mohsen al-Shammari on the subject of the decision to reduce the daily wage employees by 50% recently released demanding reversal of the decision because it Sazlm large segment of the people because they live on daily wages despite uttered. Which resulted in the cancellation of the talks about valuing Shimri of this initiative, which Stncl large numbers of homelessness.

 

[yota691]

Parliamentary Finance: budget included allocations to support investment

By Adminsa 6/2/2015 twelve thirty-four | Views: 67

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Brother - Baghdad

A member of the Finance Committee parliamentary architectural student, the budget allocation of public funds to support investment in order to promote economic reality.

 

The architect said in a statement seen by the Agency for News Agency (et) that "Iraq needs investment, not only on oil to finance the Iraqi budget, and set aside in the Finance Committee sums earmarked for investment."

 

He stressed "the need to provide facilities for foreign investors who come to Iraq and other transactions."

 

The Committee on the economy and investment parliamentary held last Wednesday, the first international investment conference in Baghdad in the presence of investment agencies and a number of businessmen and investors from both inside and outside Iraq, in order to discuss the possibility of activating the investment and stimulate the private sector to promote the country's economy.

[Big_J]

YOTA you called it about the 50 year.  Now, does it get fished around actively or is it yet another waiting game?

[yota691]

The conclusion of the conference to develop the investment environment in Iraq

 

 

       

2/7/2015 0:00 

Sponsored by House Speaker Salim al 

BAGHDAD - morning 

concluded the work of the first international conference organized by the Committee on the economy and investment representative, under the slogan "discreet investment law to achieve the goals of development and meet the ambitious investor", in order to contribute to the improvement and development of the investment environment in Iraq. 

According to a statement issued by the department media for the House of Representatives, "morning" received a copy of it, that the conference, which its continued on Wednesday and Thursday, recommended the adoption of proposals and recommendations that have been submitted by the participants chips work and assigned the executive and legislative authorities follow-up and the formation of a higher committee of the conference includes representatives of parliamentary committees and the National Commission for Investment The bodies of the Executive for the work and the sector as a cell necessary for the implementation of the recommendations and proposals in addition to overcome the obstacles related to the application of the investment law, as well as working on a conference semi-annual follow-up actually investment and economic requirements. 

saw the closing session, which was held in Babylon Hotel in Baghdad in the presence of Oil Minister Adel Abdul-Mahdi, and Thamer Ghadhban Chairman of the advisers in the prime minister and a number of officials and representatives of the diplomatic corps, a review by the investment authorities in the provinces investment projects completed with the presentation of the most ready-investment opportunities. 

In his speech at the conference, said Oil Minister importance of providing investment opportunities and work to develop the oil sector and the need for the legislation of laws that facilitates the process of investment in the sectors of refineries and Alghaz.ohnaakec conference a number of obstacles that obstruct the march of investment in Iraq, which summed up routine administrative and the allocation of land for investment projects and financial and administrative corruption as well as the effects of the security situation. 

The opening session on Wednesday, has seen participation Rose Nuri Shaways Deputy Prime Minister and Bahaa al-Araji, the deputy prime minister and the ministers of trade and planning Mlas Mohammed Abdul Karim Salman Jumaili, in addition to Arab and foreign investors, agents and ministries and heads of the national investment in addition to the heads of the investment in the provinces.

[yota691]

Chairman of the Investment Authority's [where] we drive to draw a map of the economy of investment for the current year [audio]

Saturday February 7, 2015 14:13

Chairman of the Investment Authority's [where] we drive to draw a map of the economy of investment for the current year [audio]

[baghdad-where]

Chairman of the National Investment Commission said Saturday that he "is heading to draw a map of the economy of investment for the current year.

And Sami al-Araji told all of Iraq [where] that "the investment represents a key element important in rebuilding the country, whether the infrastructure or the various economic sectors, noting that" the Commission is seeking to draw investment economic roadmap for the current year takes into account Ctiahat to activate the economic sector. " .

He Araji "I hope to do the process of economic reform in addition to the industrial initiative and support the private sector and activate the agricultural initiative, noting that" these obstacles will be converted to the best circumstance for the process of development and construction. "

The prime minister Haider al-Abadi revealed yesterday in a lecture he delivered at the Körber Institute in Berlin, which currently Azruha for "initiative was launched in the near future in order to encourage the private sector in the fields of agriculture, trade and investment, and will be under this initiative to reduce administrative procedures."

And held in Baghdad on Wednesday and Thursday of the first international conference in Baghdad under the slogan [discreet investment law to achieve the goals of development and meet the ambitious investor] "in order to contribute to the improvement and development of the investment environment in Iraq was during the conference committee is formed to be a cell crisis to implement the recommendations and proposals in addition to overcome obstacles concerning the application of the investment law, as well as working on a semi-annual conference to follow up on reality investment and economic requirements. "

The elite group of academics, economists and businessmen Iraqis announced on Friday, the establishment of the Iraq Economic Forum-style international and global economic affairs and economic forums and targeted dialogue and cooperation with the government to develop and market leadership in the future and development. "

The House of Representatives has approved on 29 of the month of January last federal budget for fiscal year 2015 of $ 119 trillion dinars towards $ 105 billion and a deficit of 25 trillion dinars.

It is noteworthy that global oil prices have declined and Tzbz great Ba is the first of its kind in five years, causing damage to many countries, including Alarac.anthy 2

[yota691]

Hamoudi confirms the intention of Parliament to issue a discreet investment law in the country

08/02/2015 03:44 | Number of Views: 1

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BAGHDAD / Source News / .. confirmed the Presidency of the Council of Representatives member Hamoudi, Sunday, that the House of Representatives is determined to issue a discreet investment law to achieve development goals and meet the aspirations of investors, aims to contribute to the improvement of the investment environment in the country.

A statement by his press office Agency / Source News / received a copy of "Hamoudi met with a group of Iraqi and Arab investors who participated in the first international conference organized by the Committee on Economy and Investment parliamentary few days ago and discussed with them the most important obstacles facing the movement of investment, as well as ways to develop this sector , where he listened to all the proposals made by the investors. "

He explained that "Hamoudi discussed during the meeting, some amendments to the investment law, and the importance of passing a law to pay the wheel of development in the country forward and overcome the odds against those invested."

He urged the Vice Chairman of the Board of Deputies of investors according to the statement "the need to expand their investments in Iraq as it contains great opportunities," vowing to "overcome the obstacles that stand in front of all the projects that will achieve the goals of development and economic advancement of the country."

He noted that "the House of Representatives will take his role in the laws that aim to serve the Iraqi citizen," .anthy legislation 19 T. 

Read more: http://dinarvets.com/forums/index.php?/topic/196569-hamoudi-confirms-the-intention-of-parliament-to-issue-a-discreet-investment-law-in-the-country/#ixzz3R9q2hMGL

[Wiljor]

Baghdad witnessed for the period from February 4 to 5 being the work of the first International Conference on investment and the economy under the slogan (Investment discreet law to achieve the goals of development and meet the ambitious investor), sponsored by House Speaker Dr. Salim al-Jubouri and organized directly by the Committee of Economy and Investment parliamentary cooperation with the National Investment Commission and the presence of senior officials in the legislative and executive branches, as well as a number of ambassadors serving in Iraq, businessmen and investors gentlemen at the local and international levels.

A statement by the National Commission for Investment received that the conference opened with a speech by Deputy Dr. Rose Nuri Shaways Prime Minister said during the investment process in Iraq has been adversely affected by several factors, most important of which continued to work laws inherited and which intersect with the work of the Investment Law and the presence of bureaucracy in government departments and poor infrastructure in forefront of electric power, in addition to the problem of allocation of land for investment projects and the spread of financial and administrative corruption in Iraq, and a weak deterrent his actions so far, adding that other banking systems suffer from the pack is the old laws do not fit the state and directed towards investment

He Shaways to do a comprehensive economic renaissance requires the provision of investment climate reinforced by legislation and laws, in addition to the legislative and executive branches of cooperation in this area and the abolition of all the old laws that are inconsistent with the investment, noting that the government is determined to promote economic growth in Iraq and encourage investment in it by finding effective solutions to all the obstacles that stand in front of investors to work in Iraq.

For his part, Deputy Prime Minister Bahaa al-Araji said in a speech at the conference, said the investment in Iraq is no longer needed, but has become an urgent necessity, noting that investment in Iraq and the recent experience of the executive and legislative branches of government to overcome the difficulties for companies wishing to invest in it

Regarding the support of the private sector said al-Araji said Article 15 of the Budget Law refers to the granting of powers and opportunities for the provinces to contract with the private sector, the belief of the government the important role of the private sector in the promotion of the Iraqi economy, pointing out that the big countries seeking to invest in Iraq despite the current security conditions.

For his part, Jawad al-Bolani, chairman of the economy and investment representative in the House of Representatives Iraqi government's keenness to ensure the success and adoption of any real opportunity to diversify the Iraqi economy, including contributing to the creation of sustainable economic development and a conference for investment and an investment law is not enough, but Iraq is in need of a package of laws regulating the investment process in Iraq, which means investment for the future.

The level itself the President of the National Investment Commission, Dr. Sami Raouf al-Araji, five solutions to address the obstacles faced by the investment process in Iraq will achieve the quality of the investment sector boom if applied which are summarized activating the work of the window one to attract major investors to work in Iraq, where he is still Iraq's economy is suffering from the central In order for the economic reform process requires decoding these large administrative bureaucracy in the ministries or local administrations in the provinces realized.

Araji said that the problem of land stipulated in the Investment Law No. 13 of 2006 which is where all the owners of land in the state committed to provide what is in favor of them to the Commission in order granted to investors is the second-biggest problems facing the investment in Iraq, especially since this article customize not do, calling to seriously consider this matter and sort arable land to invest in each province and duly classified within the investment map in preparation for granted for investors to set up projects.

Chairman of the Commission also stressed the need to follow up the issue of financing investment projects through reconsider banks Law No. 94 of 2004, in order to be a development in addition to its commercial, noting that there is a proposal, including the central bank financing are excreted from private banks, in addition to the bank industrial, agricultural, and other real estate in the amount of money proposed by the Commission to be worth five billion dollars, an interest rate of zero, as is found in many countries, whether in America or the European Union, and so do small and medium enterprises.

With regard to the amendment of the Investment Law Chairman of the Commission said that the Commission has developed the first amendment to the law in 2009 also submitted a proposal for the second amendment to the investment law is in line with all the requirements and trends, which aims to accelerate investment growth in Iraq forward on his way to the adoption by the House of Representatives.

The Chairman of the Committee on Economy and Investment has announced listening to the requirements of foreign and Arab investors session began, along with the requirements and problems of the private sector and Iraqi investors.

Where he reviewed a number of Ambassadors, including the German ambassador and the Turkish ambassador in Baghdad, a range of disabilities facing their countries companies to work investment in Iraq with claims of a number of Iraqi investors to privatize the public sector and mixed in the state who are facing the problem of financing to the private sector and within a specific timeframe.

He was the President of the advisers in the Cabinet Thamer Ghadhban his speech at the meeting, which explained where the will to change and take advantage of past experiences become available at the current government, and the reality of the economic pressure imposed on the government to hold a series of enabling its private sector to take a role in accordance with the strategy to develop reforms the private sector, announced the launch end of next week, stressing that the issue of conversion and privatization of the public sector and mixed in the state to the private time is known and fast timetable sector already been studied and will be submitted to the General Secretariat of the Council of Ministers in accordance with the strategy include (restructuring and reforming state-owned enterprises).

Governor of the Central Bank on the Keywords confirmed in turn the need to ask the state to invest investment projects under the Investment Law No. 13 of 2006 amended before proceeding implemented at the expense of the state of the federal budget, he said, adding that the central bank has taken a package of measures to support the investment process in Iraq, including increasing liquidity to banks the private sector.

This included the conference in the second day of the word of Dr. Adel Abdul Mahdi, the oil minister during which stressed that investment in Iraq today faces a major challenge with the number of constraints, which prompted the Iraqi government and the House of Representatives to make a significant economic reforms aimed at creating a new free hamper the laws investment environment investment, noting that a number of ministries, local governments have started closing in on the investment process under the pretext of concern for public money and keep the province and this represents one of the main factors affecting the investment and attract investors and thus stop the process of progress and development.

And investment in the oil sector, said Abdul-Mahdi, that this sector is of a wider investment sectors, especially after the licensing round and went international companies to invest in it.

Was also presented investment opportunities in the provinces by the heads of investment authorities and the most important investment projects completed and those who are under way. In addition to vacations granted with a brief outline of the major privileges enjoyed by each province.

Included in the conference's second day also provide divided on several committees, including working papers to take corrective measures in a number of laws that are inconsistent with the investment law or legislation by the House of Representatives. They also discussed the working papers presented in detail to reach a satisfactory recommendations contribute to the reconstruction of Iraq and the wide participation of the private sector.

http://translate.google.com.mx/translate?hl=en&sl=ar&u=http://aliraqnews.com/&prev=search

[yota691]

Participatory twinning with emerging economies

 

 

         

2/15/2015 0:00 

A solid investment requirements 

 BAGHDAD - Hussein Tgb 

represents investment axis starting point for the process of economic development in the country, and to overcome the determinants of the discharge is one of the most important next phase requirements, according to the First International Investment Conference, which recently organized and came out with recommendations emphasize the need for real investment in the light of the current situation experienced by the country. 

economist Hassan al-Asadi said the current situation experienced by the country requires that we have a development investment program successful by all standards, pointing out that this proposal we put forward at the first International Conference on investment in order contained recommendations addressing the problems that accompanied the investment process over the past years, as well as discuss research papers Several. 

General Committee and proposed the formation of a public committee permanent Conference takes into account all the research papers presented and the interventions made ​​at the conference and studied by specialized experts from inside or outside the Secretariat and Tmahsa accurately into a closer and neutral and evaluate each proposal and put the application mechanisms. He indispensability to commit Government to implement the recommendations by the proposals of the conference does not harm the participation of a representative specialized ministries such as planning, oil, industry, agriculture, housing and construction, municipalities and any other Ministry in evaluating these proposals to be submitted to the Council of Ministers to contribute opinion and perception of relevant ministry. He said that the timeframe for the implementation of these proposals and follow-up to exceed put six months at the latest with the monthly meetings or bi-monthly in the Secretariat of the Conference of the follow-up and evaluation. He pointed to the importance that holds the General Secretariat of the Conference to identify laws and regulations relating to the economy, in general and investment in particular, and constitute a legal committee of the Ministry of Justice supported by experts with the jurisdiction to modify this laws and legislation that set them a time limit not exceeding six months to deal with the follow-up to the bi-monthly by the Secretariat. evaluate the results Asadi between the importance that the General Secretariat to convene a second conference similar to this conference during the month of June or July next mission to assess the results and follow-up check ideas, observations and amend laws and check them out in practice to see if we are serious in achieving our visions and our perceptions and our ideas in the areas raised, especially in the field of investment or that our conferences are for information purposes and evasion, Aj and political propaganda and pointed out that Iraq lived in isolation from the world for more than 30 years and walked away for dealing with global economies at a time when the world has witnessed major shifts Iraq did not touch her ​​or benefited so far and did not integrate with the global economy. Pointing to the importance that the Iraqi government through its experts in the economy through rigorous strategy and prioritization mechanisms in order to build an effective and important economic partner in the region. Asadi said: for this task to be working directions several in the forefront of the work seriously and engage in detailed negotiations to work Twinning is involved with emerging economies in specific areas, but not with China, for example in the industry and work to secure the investment structure encourages Chinese expansion in the direct or joint investment with the state or with the private sector guaranteed government areas of investment. He explained that this is true for twinning with Korea With the South European countries wishing to invest in Iraq, and work to expand and activate strategic agreements with the United States, especially in the oil industry and petrochemical industries complementary thereto.

[sandfly]

MAN YOTA KEEP IT COMING

[RodandStaff]

Who needs a Sunday Mornin' paper when we got Yota!!! Sandfly and great job bro...even if they are slower than a blind folded camel jockey at times.....they are still making amazing progress!!!

[yota691]

Araji: The government is considering granting industrial, agricultural and construction sectors, large sums of money

History of edits:: 02.15.2015 two past one p.m. • 28 visits readable

{Baghdad: Euphrates News} announced by Deputy Prime Minister Bahaa al-Araji today that the Iraqi government is considering granting industrial sectors, agricultural and urban large sums of money, noting that "conferences convened by the government are not slogans, but the conferences work, and the government will give money to those sectors based on studies produced from these conferences. "

A statement by the Office of Araji agency {Euphrates News} received a copy of it today that "al-Araji received on Saturday in his office in Baghdad, Iraqi Engineers Union delegation, confirmed that the communication with the unions and organizations are evidence that the state and government, especially interested elites and competencies, and during periods the past, both during the former regime or occupation, there is no quality of care, but rather there was a formal attention to these unions, and unfortunately there was a deportation deliberate competencies. " 
and al-Araji, according to the statement added, "It is necessary when talking about the unions to move away from talking about parties and although the existence of a multiparty system in unions previously but its members were enjoying professionalism within the union despite their backgrounds partisan and this is the independence that should be enjoyed by the unions, so the Nkabatkm must be far away from partisan influences and there is nothing wrong with people of all parties and But that is possession of the union by the parties, this is what we reject. " 
He emphasized, "The engineers have excelled in finding alternatives in prior periods, especially in the days of the former regime and the economic blockade, and state policy at the present time offers you a great opportunity despite the conditions are not appropriate to physical level and Economic through design to resort to investment If the environment in previous years repellent Investment Today we are working to attract investors and have begun procedures theory and will be followed by practical steps soon, and this investment needs to be engineers, to the hands of the worker. 
and noted Araji "to disable any efficiency of qualified Iraqi loss of Iraq and the engineer that does not look to himself as an engineer, but he has to look at the level of devastation left by the wars of the tyrant and the occupation and terrorism, and a great honor for me to be the door and the channel for the transfer of your problems and demands and Ozmatkm the Iraqi government and translate these problems to the decisions could be taken to facilitate a lot of things, and for standing as engineers and cultural elites should be standing with the Iraqi state and the Iraqi human and not a standing ovation with parties or partisan figures. 
and concluded by saying that "conferences convened by the Iraqi government is not conferences slogans but conferences work, and based on studies that result from these conferences, the Iraqi government would give the industrial sector and the agricultural and urban large sums of money and are under study now, so we do not want such as those launched earlier and bellowed the funds and pleased the specific points .anthy