Iraq and Canada sign a memorandum of cooperation related to technical support services and training programs

[Mary B]

Iraq and Canada sign a memorandum of cooperation related to technical support services and training programs

2020-07-28 | 05:22

 

The Iraqi Securities Commission announced, on Tuesday, that it has signed a memorandum of cooperation with the Iraqi Canadian Chamber of Commerce and Industry, with the aim of strengthening cooperation between the two institutions in the areas of technical support services, training program and information exchange.

The head of the body, Alaa Abdul Hussain Al-Saadi In a statement, Alsumaria News received, a copy of it, that "this agreement works to facilitate joint cooperation between the body and the Iraqi Canadian Chamber of Commerce and Industry to intensify work through training programs for Iraqi cadres on best practices in the field of financial markets in order to develop financial markets and financial services in particular, including It reflects positively on the business environment in the financial markets Iraq".

On the other hand, Al-Saadi indicated that "the commission has completed the issuance of its report for the second semester of the year 2020 on the movement of trades and financial indicators in Iraq Stock Exchange, As trading in this chapter was greatly affected by the repercussions of the Krone pandemic, which led to reduced trading sessions, and despite that, the volume of trading for this season has exceeded 17 billion dinars for regular and secondary markets and with a number of shares of about 35 million shares, where the telecommunications and banking sectors topped those trades "

 

It is worth noting that the Securities Commission possesses many future plans and procedures that it intends to take during the coming period, once the Authority’s council is formed and a new law is issued that would increase these trades and increase the attractiveness of financial markets .Iraq In a way that leads to its development or the creation of new financial markets, such as a commodity market in Iraq Which will be reflected on the overall Iraqi economy, which possesses many undiscovered constituents and reservoirs that constitute promising investment opportunities in the future.

 

https://www.alsumaria.tv/news/اقتصاد/352975/العراق-وكندا-يوقعان-مذكرة-تعاون-تتعلق-بخدمات-الدعم