Parliamentary debates on Iraq's accession to the New York Convention to encourage investment
07/09/2013 06:19
After rid Iraq of Chapter VII restrictions is looking forward to entering into the realm of the global economy, especially with the growing international desires seeking to double the volume of trade exchange with Iraq, and that what called االى the thinking in the country's accession to the New York Convention to encourage investment.
Members of the Economic Committee in the House of Representatives varied views on Iraq's accession to the New York Convention, while counting some of it, "a good step" in order to preserve the rights of Iraqis and local investors in disputes International, had others some reservations, which stressed the need to be studied and clarified before making a decision final.
And encourages NYC air investment of the member states where, they represent a point of arbitration between the investment companies and between countries working in it if they have a dispute between the parties. Decision of the Economic Commission Mahma Khalil stressed the importance of Iraq's accession to the New York Convention of International Arbitration in order to maintain the rights of Iraqis and investors local in international disputes.
He said Khalil that his committee held a hearing Astmaih with the participation of representatives of the American Chamber of Commerce and the presence of other members of the United Nations, as well as the presence of judges from different disciplines to learn the importance of this agreement, especially with the increasing desires International seeking to double the volume of trade exchange with Iraq.
The MP said in a statement »Center Brief for the Iraqi Media Network»: that many countries have benefited from this agreement, indicating that the interests of Iraq today require join them, especially since the time is right after his release from Chapter VII, and the increasing desire of investors and companies to work in Iraq.
He noted that the advantages of joining this agreement is greater than the drawbacks, ruling out at the same time that there is objection by the political blocs them., In turn, noted member of the Economic Commission Abdel-Salam al-Maliki conservatively government to accede to this Convention despite the transformation of the economic system in the country , to the open market, which depends mainly on the role of the private sector and investment companies, domestic and foreign.
And said Maliki in a statement »Center Brief for the Iraqi Media Network», that the General Secretariat of the Council of Ministers asked to wait in the subject to join this agreement because of the unresolved issue of Iraqi funds, and the issue of lifting the immunity it, where saw it will be exposed to more suits counterfeit, or issue the provisions of some of the parties to control the money. pointed deputy to the State Council did not support the accession to this Convention, to his conviction possibility attached to harm the money of Iraq, launched from its forecast in the possibility that the cause of this Agreement damage matters of arbitration issued on matters of trade and finance, adding More than 149 countries officially Anzmt to the Convention. For his part, member of the Economic Committee expressed Amer Al-Fayez astonishment of sending this Agreement by the government to the House of Representatives without sending international treaty.
Al-Fayez said in a statement «Center Brief for the Iraqi Media Network»: The Economic Commission had not seen this Convention.
And between the MP that his committee had called on the government in the event of sending any of the laws to the parliament for ratification, to attach the text of the treaty with him, pointing out that this is one of the reasons for the delay in approving a number of laws, wondering about how to vote on the treaty without the knowledge of the original agreement, especially The House of Representatives has no right to put any note them as Notes International. noted that the New York Convention since its conclusion in 1958 received recognition many countries Arbitral Awards and implementation of the various countries of the world, where the Convention encourages air investment of the member states where they represent a point of arbitration between the investment companies and among its workforce States if you have a dispute between the parties.
[You must be registered and logged in to see this link.]
07/09/2013 06:19
After rid Iraq of Chapter VII restrictions is looking forward to entering into the realm of the global economy, especially with the growing international desires seeking to double the volume of trade exchange with Iraq, and that what called االى the thinking in the country's accession to the New York Convention to encourage investment.
Members of the Economic Committee in the House of Representatives varied views on Iraq's accession to the New York Convention, while counting some of it, "a good step" in order to preserve the rights of Iraqis and local investors in disputes International, had others some reservations, which stressed the need to be studied and clarified before making a decision final.
And encourages NYC air investment of the member states where, they represent a point of arbitration between the investment companies and between countries working in it if they have a dispute between the parties. Decision of the Economic Commission Mahma Khalil stressed the importance of Iraq's accession to the New York Convention of International Arbitration in order to maintain the rights of Iraqis and investors local in international disputes.
He said Khalil that his committee held a hearing Astmaih with the participation of representatives of the American Chamber of Commerce and the presence of other members of the United Nations, as well as the presence of judges from different disciplines to learn the importance of this agreement, especially with the increasing desires International seeking to double the volume of trade exchange with Iraq.
The MP said in a statement »Center Brief for the Iraqi Media Network»: that many countries have benefited from this agreement, indicating that the interests of Iraq today require join them, especially since the time is right after his release from Chapter VII, and the increasing desire of investors and companies to work in Iraq.
He noted that the advantages of joining this agreement is greater than the drawbacks, ruling out at the same time that there is objection by the political blocs them., In turn, noted member of the Economic Commission Abdel-Salam al-Maliki conservatively government to accede to this Convention despite the transformation of the economic system in the country , to the open market, which depends mainly on the role of the private sector and investment companies, domestic and foreign.
And said Maliki in a statement »Center Brief for the Iraqi Media Network», that the General Secretariat of the Council of Ministers asked to wait in the subject to join this agreement because of the unresolved issue of Iraqi funds, and the issue of lifting the immunity it, where saw it will be exposed to more suits counterfeit, or issue the provisions of some of the parties to control the money. pointed deputy to the State Council did not support the accession to this Convention, to his conviction possibility attached to harm the money of Iraq, launched from its forecast in the possibility that the cause of this Agreement damage matters of arbitration issued on matters of trade and finance, adding More than 149 countries officially Anzmt to the Convention. For his part, member of the Economic Committee expressed Amer Al-Fayez astonishment of sending this Agreement by the government to the House of Representatives without sending international treaty.
Al-Fayez said in a statement «Center Brief for the Iraqi Media Network»: The Economic Commission had not seen this Convention.
And between the MP that his committee had called on the government in the event of sending any of the laws to the parliament for ratification, to attach the text of the treaty with him, pointing out that this is one of the reasons for the delay in approving a number of laws, wondering about how to vote on the treaty without the knowledge of the original agreement, especially The House of Representatives has no right to put any note them as Notes International. noted that the New York Convention since its conclusion in 1958 received recognition many countries Arbitral Awards and implementation of the various countries of the world, where the Convention encourages air investment of the member states where they represent a point of arbitration between the investment companies and among its workforce States if you have a dispute between the parties.
[You must be registered and logged in to see this link.]
Today at 4:55 pm by Rocky
» utube 5/9/24 MM&C 0:02 / 46:46 PM - Al-Sudani - Golden Opportunity - Private Sector - Contra
Today at 9:38 am by Rocky
» A leader in the National Bank: We are committed to the federal decision and to postpone the election
Today at 9:28 am by Rocky
» Al-Hakim: Iraq's future cannot be mortgaged to volatile oil prices
Today at 9:24 am by Rocky
» The conflict of the corridors: the path to development from a historical perspective and the door to
Today at 9:22 am by Rocky
» The Kurdistan Region demands that the federal government spend 1.1 billion dinars.. What is the reas
Today at 9:21 am by Rocky
» Tomorrow, Iraq is preparing to launch a complementary round of gas licensing
Today at 9:19 am by Rocky
» A government move to restore the funds of the Trade Bank of Iraq
Today at 9:17 am by Rocky
» The Central Bank informs France of plans to restructure the banking sector
Today at 9:15 am by Rocky
» A government advisor reveals the fate of the budget tables
Today at 9:13 am by Rocky
» Iranian mediation between Baghdad and Erbil... Revealing the most prominent files of Raisi’s visit t
Today at 9:10 am by Rocky
» Reconstruction and development is a priority.. A parliamentary committee follows up and monitors gov
Today at 9:08 am by Rocky
» Al-Hakim comments on the agreements concluded with Türkiye and confirms: Iraq is on the right path
Today at 9:06 am by Rocky
» Tomorrow... Iraq takes a step that will give it gas equivalent to 200% of imported Iranian gas
Today at 9:04 am by Rocky
» A long and disturbing message.. The Iraqi government “blames” the United Nations because of “other p
Today at 9:00 am by Rocky
» The Governor of the Central Bank and the French Ambassador discuss developments in the banking secto
Today at 5:18 am by Rocky
» Al-Bajari: Iraqi companies will have a great opportunity to work after opening the door to investmen
Today at 5:16 am by Rocky
» Transparency: Imports from Sulaymaniyah and Halabja during the past week amounted to more than 10 bi
Today at 5:13 am by Rocky
» Al-Sudani: The delayed projects left great damage to the level of services in Babylon
Today at 5:12 am by Rocky
» Economist: The fluctuation of the dollar is “the balance of speculators”
Today at 5:10 am by Rocky
» {Al-Furat News} publishes the text of Al-Sudani’s request to Guterres to end UNAMI’s work in Iraq
Today at 5:08 am by Rocky
» A former MP accuses Türkiye of transferring its conflict with the workers to Iraq
Today at 5:05 am by Rocky
» A call to the Sudanese to remove American forces from Iraq
Today at 5:03 am by Rocky
» Oil Parliament: Ankara holds Erbil responsible for the oil fines it owes
Today at 5:02 am by Rocky
» The government is silent...the reality of removing American forces from Iraq
Today at 5:01 am by Rocky
» The radiation protection law in the first session of the next legislative term
Today at 5:00 am by Rocky
» A Spanish company raises controversy and a representative reveals a parliamentary movement against i
Today at 4:59 am by Rocky
» Sudanese officially requests the end of the United Nations mission in Iraq / documents
Today at 4:58 am by Rocky
» Because its sessions were not held, the Kirkuk Council faces a judicial complaint, and its members d
Today at 4:56 am by Rocky
» Former US Chief of Staff: We slaughtered huge numbers of innocent people in Iraq and other countries
Today at 4:55 am by Rocky
» The Association of Private Banks counts the percentage of shares traded on the stock market during a
Today at 4:53 am by Rocky
» The European Union and Iraq agree to increase cooperation between them
Today at 4:52 am by Rocky
» American Bank: Expectations to increase Iraq’s oil capacity in 2025
Today at 4:50 am by Rocky
» Central Bank Governor to the French Ambassador: The plan to restructure government banks will change
Today at 4:48 am by Rocky
» Integrity confirms working to conclude a memorandum of understanding with the Kuwaiti Anti-Corruptio
Today at 4:47 am by Rocky
» Highlights of the Prime Minister's visit to Babylon
Today at 4:46 am by Rocky
» The Minister of Transport discusses with a Turkish delegation the latest developments in the develop
Today at 4:44 am by Rocky
» Free of charge.. Issuing approximately 13 thousand unified cards for those covered by social protect
Today at 4:42 am by Rocky
» A parliamentary committee advises the government to deter trespassers: Slums are one of the reasons
Today at 4:41 am by Rocky
» Embassy Protection confirms to “Baghdad Today”: The missions are safe and we have taken proactive me
Today at 4:38 am by Rocky
» Water resources resolve the controversy of the “Wadi Al-Tea” project.. It will nourish the Hamrin ic
Today at 4:37 am by Rocky
» After approving the National Security Strategy...a parliamentary movement to host “responsible” figu
Today at 4:36 am by Rocky
» Al-Hakim calls for the distribution of plots of land to the families of the martyrs of the Popular M
Today at 4:34 am by Rocky
» Order 160 Committee completes the “port scandals” papers... and searches for a legal outlet for impl
Today at 4:33 am by Rocky
» It revealed the details of its contract with four companies to complete the census requirements... P
Today at 4:31 am by Rocky
» Egypt, Morocco and Qatar praise the Iraqi Integrity proposal to establish the Arab Law Enforcement C
Today at 4:30 am by Rocky
» The Iraqi Parliament enters its legislative recess and requires holding an “extraordinary” session o
Today at 4:28 am by Rocky
» The Sudanese has not rested since the morning.. He carried out 12 activities and allocated a trillio
Today at 4:27 am by Rocky
» Blinken's agent: Erbil is a strategic ally of Washington in a 360-degree relationship
Today at 4:25 am by Rocky
» Oil seeks to convert refinery products to “Euro 5”... high quality and environmentally friendly
Today at 4:24 am by Rocky
» A leader in the framework: There is no need for early elections...the “legislative” elections will t
Today at 4:23 am by Rocky
» Parliament decides to extend its legislative term by 30 days
Today at 4:22 am by Rocky
» Iraq has the tenth worst economic growth in the world during the last 5 years
Today at 4:19 am by Rocky
» Al-Hakim: The future cannot be mortgaged to volatile oil prices
Today at 4:17 am by Rocky
» It will change the reality of Iraqi banks.. Al-Alaq reveals a plan that enjoys Sudanese support
Today at 4:15 am by Rocky
» MM&C 5/9/24 The Federation of Chambers of Commerce and the European Union discuss cooperation to fin
Yesterday at 9:27 am by Rocky
» MM&C 5/9/24 Customs, security and economic aspects
Yesterday at 9:24 am by Rocky
» Union of Arab Banks: Iraq's environment encourages investment
Yesterday at 6:57 am by Rocky
» Government advisor: Movement to recover bad debts for the benefit of the Iraqi Trade Bank
Yesterday at 6:55 am by Rocky
» The International Development Bank announces the opening of its new branch in Erbil
Yesterday at 6:52 am by Rocky
» Oil seeks to convert refinery products to “Euro 5”... high quality and environmentally friendly
Yesterday at 6:50 am by Rocky
» Budget delay: the cry for help for paralyzed services and disrupted dreams
Yesterday at 6:47 am by Rocky
» Oil: Completion of projects to improve the quality of petroleum products, and others are under imple
Yesterday at 6:44 am by Rocky
» Chairman of the Securities Commission: 3 million shares, average daily trading volume
Yesterday at 6:43 am by Rocky
» Tamim calls on the countries participating in the meetings of the Arab Administrative Development Or
Yesterday at 6:41 am by Rocky
» Parliamentary Endowments: 39 thousand pilgrims, Iraq’s share, and waiving the religious obligation i
Yesterday at 6:39 am by Rocky
» Washington refers to Iraqi legislation that “does not harm” his international presence, and Baghdad
Yesterday at 6:34 am by Rocky
» Deputy: Extending the legislative term depends on sending the budget schedules
Yesterday at 6:30 am by Rocky
» Parliamentary Legal: 88 draft laws on the parliamentary shelf
Yesterday at 6:29 am by Rocky
» The head of the movement denies any Iraqi-American negotiations to remove the coalition
Yesterday at 5:23 am by Rocky
» A deputy expects to resolve the issue of electing the Speaker of Parliament next week
Yesterday at 5:22 am by Rocky
» Obtaining the approval of the Minister of Electricity to fill the energy shortage in Dhi Qar
Yesterday at 5:21 am by Rocky
» Economist on the decline in dollar prices: My time and it will not reach its official price
Yesterday at 5:20 am by Rocky
» The Iraqi Ministerial Council for National Security approves the 2024-2028 strategy
Yesterday at 5:18 am by Rocky
» Mulla Bakhtiar: Nechirvan Barzani's visit to Iran melted the ice between Erbil and Tehran
Yesterday at 5:17 am by Rocky
» Password "78"... Why did the Sudanese government's interrogations and noisy sessions decline?
Yesterday at 5:16 am by Rocky
» JP Morgan forecasts an increase in the oil capacity of Iraq and other countries in 2025
Yesterday at 5:15 am by Rocky
» Turkish Minister of Transport: The development road will cost $20 billion
Yesterday at 5:13 am by Rocky
» The Supreme Committee for Reconstruction and Investment approves a package of strategic projects
Yesterday at 5:12 am by Rocky
» Work: Preparing a unified national strategy to create job opportunities for youth
Yesterday at 5:11 am by Rocky
» The Prime Minister's financial advisor reduces the risks of the budget deficit
Yesterday at 5:10 am by Rocky
» Sudanese announces the signing of an agreement with Japan to finance small and medium enterprises in
Yesterday at 5:09 am by Rocky
» Government Advisor: The Securities Commission represents the governance base for promoting financial
Yesterday at 5:08 am by Rocky
» A unified national strategy to create job opportunities for youth
Yesterday at 5:07 am by Rocky
» A one-week deadline to decide the position of Speaker of Parliament
Yesterday at 5:06 am by Rocky
» Parliament: We coordinate with the competent regulatory authorities to examine medicines
Yesterday at 5:04 am by Rocky
» The Commission suspends the Kurdistan Parliament's voting procedures
Yesterday at 5:03 am by Rocky
» $100 million to localize the pharmaceutical industry
Yesterday at 5:01 am by Rocky
» Increase in external remittances at the Central Bank
Yesterday at 5:00 am by Rocky
» A government advisor reduces the risks of a budget deficit
Yesterday at 4:54 am by Rocky
» Culture: We seek to invest in the stability of the country to advance the tourism sector
Yesterday at 4:53 am by Rocky
» Integrity announces the results of a questionnaire on bribery in real estate registration department
Yesterday at 4:50 am by Rocky
» Parliament comments on Sudanese plan to restructure the government apparatus: It needs radical refor
Yesterday at 4:49 am by Rocky
» The dollar rises again against the Iraqi dinar in Baghdad
Yesterday at 4:45 am by Rocky
» Politician: The government does not deal transparently with the issue of expelling the Americans
Yesterday at 4:43 am by Rocky
» A government bank participating in an accounting project
Yesterday at 4:42 am by Rocky
» Masrour Barzani: The Kurdistan Regional Government has implemented all its obligations and duties
Yesterday at 4:41 am by Rocky
» French Consul: France strengthens relations with the Kurdistan Region
Yesterday at 4:39 am by Rocky
» Studies Center: Sudanese faces the challenges of maintaining sustainable relations with the United S
Yesterday at 4:38 am by Rocky