Shaways discusses Iraq efforts to enter global economy; Legislation, Private Sector, WTO

[YANNAVIA]

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Posted: June 9, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics

Tags: Baghdad, Economic, Economy of Iraq, Government, Iraq, Market economy, middle east, World Trade Organization, WTO

Shaways: eight directions for the advancement of the economy

The Deputy Prime Minister Nuri al-Rose Shaways government efforts to implement new economic policy through effective partnership with the international community, declaring There are 8 directions for the application of this policy, which promised “important and effective”.

Said Shaways in the word Iraq Economic Forum Global Islamic seventh meeting in Astana, capital of Kazakhstan: he was “following the change the country has experienced in 2003 and followed the new directions in economic, social, political and cultural rights, has been the trend towards radical re-examination of the economic policy followed in the country, under the direction strategy, notably, the restructuring of the economy and relieving them of the reality of profit-taking unilateral and diversify sources of national income, and the liberalization of the economy from the grip of the central state and the trend towards decentralized management and support for spatial development, in addition to the orientation of a centrally planned economy to a market economy and economic freedom, and create a genuine partnership between public and private sectors, with the reform of state-owned companies and the leadership of the process of economic transformation towards joint-stock companies and privatization. “

These include trends also “encourage domestic and foreign investment in all spheres, particularly the housing projects and enact laws and legislation catalysts, the orientation towards the process of fiscal reform and a comprehensive administrative and legislative amendments as appropriate and trends for the new economic, as well as seeking to integrate into the global economy and get the gains associated with this merger and the negotiation of the accession to the WTO and to benefit from the system of governance, transparency, disclosure and protection of intellectual property and the transfer of technical know-how, technological changes and building national capacity and the free movement of capital and enhance the confidence of the world the Iraqi economy and the accompanying processes to attract significant foreign investment and improve the business environment. “

The Government confirmed in the 13 of last February, seeking to join the World Trade Organization and ensure the protection of Iraqi funds abroad, emphasizing the importance of working to build Iraqi economy is diverse and the application of economic policies advanced by encouraging investment, facilitate and regulate the trade and the rationalization of the state budget and approval of oil and gas law.

The MP for a coalition of state law Alfalh “morning” recently, “The government is seeking to adopt a new strategy built on the basis of accurate scientific to support the economy and attract investors,” stressing that the agenda of the second legislative term of the parliament will discuss and approve several economic laws

[venetia]

Thanks for posting this..............lots of positive talk emerging in articles!

[usndiver]

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The MP for a coalition of state law Alfalh “morning” recently, “The government is seeking to adopt a new strategy built on the basis of accurate scientific to support the economy and attract investors,” stressing that the agenda of the second legislative term of the parliament will discuss and approve several economic laws

IMO this is the best part of the whole article.

[mlay901]

Thanks for the post!

[2fast4u2c]

This is a very positive article.