Possible WTO Meeting Friday

[DinarThug]

3 hours ago, coorslite21 said:

The WTO is part of the puzzle.......but so is the World Bank.....

 

http://www.worldbank.org/en/country/iraq

 

 

CNN. Broadcasting Promising Opportunities For Foreign Investment During A Peace Economy !

 

 

 

http://annabaa.org/arabic/econ.....cles/13182

World Bank: What does the business environment in Iraq mean for 2018 ?

18th November, 2017

According to the Doing Business report for 2018, Iraq ranks 168 out of 183 economies.  Iraq ranks last among 18 economies in the Middle East and North Africa region, and its index in terms of tax payment ranked 129th. In real estate registration it ranked 96th, Most countries, in the business closure index ranked 183, trade across the border 179, and in the start of business 154.

In the World Bank's annual report, the outlook for the business environment in Iraq next year has made progress in environment indicators for most sectors, despite the decline in Iraq's ranking slightly in the field of tax collection. The report, which was published earlier, showed that there is a substantial improvement in indicators Iraq's business environment for most of the 2018 World Bank-approved sectors and activities for Iraq. There are promising opportunities for foreign investment and contracting sectors to work in the country's stability and peace economy.

The World Bank confirmed that during 2016-2017, Iraq had been able to implement fundamental changes in the domestic regulatory framework in two main areas: starting business and obtaining credit. "Starting a business is easier in Iraq by combining multiple registration procedures and shorter time Companies are no longer required to register their companies independently with the General Authority for Taxes, while the time required for registration of companies has been reduced due to increased resources available in registration departments and improvement of the electronic registration system.

The World Bank's Mashreq Regional Director, Saroj Kumar Jha, said the Doing Business data showed that fragile economies such as Iraq continue to reform and deal with crises as opportunities to improve business systems, adding that the Iraqi government has embarked on a fundamental reform agenda based on (2014-2018), which places priority on institutional economic reforms and the development of the private sector.

He noted that the World Bank is committed to supporting the Iraqi government's efforts to implement priority reforms that will enhance the business environment and achieve better growth and opportunities for all Iraqis.According to analysts, Iraq has improved in six indicators starting in 2017. In the "start of business," the The first indicator of the report, which looks at the number of procedures, time, cost and minimum capital paid to start a limited liability company, has become more attractive to investors at the time the war is ending against a dodger. The world sees Iraq's reform efforts as serious and having an impact on the ground.

Future investment opportunities

On the other hand, there have been international reports that Iraq is seeking to find a foothold in the path of economic development and investment after a defeat is encouraging, where some investors see opportunities in Iraq, because of the country's opportunities to encourage them and encouraging the country's budget financing agreement of 5.4 Billion dollars, approved by the International Monetary Fund last year and the US gave Iraq a loan of $ 1 billion, some investors say that Iraq stands on the ground of solid opportunities to become a point of attraction for major investors in the world, although some challenges remain.

"The global support system" rel="">support for a unified Iraq, which is almost collective, should be translated into financial support system" rel="">support for its reconstruction projects and the promises made in the past to strengthen the economic situation in the country to prevent Any chance of a resurgence of tension and tension in the country, and following the military victories in Iraq, the reconstruction of infrastructure and the promotion of another coming from oil will help to give momentum to the recovery of the economy, despite the obstacles accumulated at the present time.

"While the successful campaign against Da'ash has certainly been a big positive point, we do not believe that the victory achieved in Raqqa is a major change," says Raufael Obarti, a researcher at the UK's BMI Research Center for Financial and Economic Research and Analysis for the Middle East and North Africa. In the game for Iraq, adding: This may indicate the achievement of a contraction of security risks in the region, but the organization will continue to cause threats to security through bombing attacks, and Iraq is still facing several security challenges, noting that, nevertheless, the signs of Has been on the horizon, especially in the oil sector of the country, so the return of oil prices to rise, is a positive for the Iraqi economy, as the government of the country depends on its revenues rely heavily on oil exports.

While Britain's BMI is expected to see an improvement in economic growth outside the oil sector, the organization also expects that this improvement will remain modest over the coming years, and for this reason it will restrict a certain imposition to investors. Confirming that the private sector in Iraq has occupied the lowest rank in the index of transparency and corruption standards.

[DinarThug]

1 hour ago, DinarThug said:

11-17-2017   Newshound Guru Aggiedad77   Article quotes: 

"The Speaker of the House of Representatives Dr. Salim Al-Jubouri met with Mr. Mirza Hassan, Executive Director of Iraq at the World Bank." 

"The Speaker of the House of Representatives, Dr. Salim Al-Jubouri, Executive Director of the International Monetary Fund (IMF)..."...

here is Jubouri meeting with high level entities of both the World Bank and the IMF while he is here in the US.....

If you stop and consider...

the orchestration that Iraq is going through right now as they prepare to tell the world they are free from terrorists and ready to get on with their lives...

and remember the LL...the Long Line that wants in...

they IMO are salivating wanting to step up to the plate with Iraq and move their lives back into or towards a productive mode once again...

We just await Abadi to light the fuse...a short fuse IMO that will create a world-wide wildfire that will create kingdom building as maybe it has never been known before...
 

 

11-17-2017   Newshound Guru Aggiedad77   Article quotes:  

"The Speaker of the House of Representatives Dr. Salim Al-Jubouri met with Mr. Mirza Hassan, Executive Director of Iraq at the World Bank."  

"The Speaker of the House of Representatives, Dr. Salim Al-Jubouri, Executive Director of the International Monetary Fund (IMF)..."...

here is Jubouri meeting with high level entities of both the World Bank and the IMF while he is here in the US.....

If you stop and consider...

the orchestration that Iraq is going through right now as they prepare to tell the world they are free from terrorists and ready to get on with their lives...

and remember the LL...the Long Line that wants in...

they IMO are salivating wanting to step up to the plate with Iraq and move their lives back into or towards a productive mode once again...

We just await Abadi to light the fuse...a short fuse IMO that will create a world-wide wildfire that will create kingdom building as maybe it has never been known before...