Moves to diversify its budget revenues to reduce its reliance on unilateral rent

Moves to diversify its budget revenues to reduce its reliance on unilateral rent



10/07/2013 12:00 AM

BAGHDAD - Farah pumice

In a move designed to remove Iraq from the list of countries with rents unilateral , called economists to create a process of trade more with the world, through the implementation of a project called the Basra area of economic , commercial and industrial free. Comes at a time announced by the Office International Consulting and Economic Studies on hold Conference middle of next month on the International Free Zone triangle FAO. Counsel in the affairs of international trade and director of the International Bureau of Consulting and Economic Studies Tawfiq inhibitor told ( morning): "The movement of trade will create significant revenue for the country through the WTO, through the founding of the exchange international trade free zone triangle FAO" , noting that it The " best and the most important areas of the world " to be the supporting and retaining the port of Faw. added inhibitor that the International Bureau of Consulting and Economic Studies with the Iraqi Institute for Economic Reform is organizing a conference in mid- November next on the Free Zone international triangle FAO, which was named the Basra area special to encourage foreign investment and the Iraqi private sector , confirming the formation of a committee by the sponsors to coordinate with the parties that will participate in the conference attended by foreign dignitaries what opens up towards the WTO. considered advisor that Iraq " the largest area in consumption ," and there is no exchange of production and exports of variety , or the commercial exchange with different countries , especially after the issued and former Transport Minister decision to shut down the system transit through Iraq, which had a negative impact on the Iraqi economy and on its revenue , and led to the suspension of trade, despite the fact that revenues this project is equivalent to oil revenues and address the unilateral and rent the Iraqi economy , especially that any exports pass from Iraq is the reduction of the mandated worth 45-50 percent of the beneficiary and the factory , adding that Iraq will depend on shipping only , because it takes a longer period of time until the arrival of goods. and know the process of transit trade as re- export of goods and imported goods where transfer the goods from the Centers Submitted to the centers and ports reception with a view to depositing temporarily or make some manufacturing processes them or wrapped or packaged and then be exported. encouraged inhibitor to create free zones global international inside Iraq , as well as the adoption of road transport in the trade exchange between Iraq and the countries of the world , especially as the file is not enabled trade and trade - relevant institutions do not have an active role in this area , considering that Basra would constitute the largest economic zone industrial free trade in particular, any operation will create the largest commercial exchange in the world contributes to the elimination of unemployment , as well as that Iraq will be an anchor to the world , as he applied the modern logistics system which is " supply and storage system " in the country , while it would be a source of attracting international companies . It is said that the General Authority for Free Zones of the Ministry of Finance called for the end of 2012 the government to activate the system of transit of goods across Iraq , as it said in a statement the then- received "morning, " a copy of " Authority called for activating the system in transit truck traffic and goods across Iraq from ports to neighboring countries " , demanding coordination Inter- free zones and customs authority and the tax for the development of strategic integrated to prevent the obstacles faced by investors , especially to stop the work of an estimated negative impact on the economy and make the ports in a state of recession. In a move positively opened and the Ministry of Transport last July operations room transit at the headquarters of the Ministry of Transport allocated to a meeting of the Supreme Committee for transit in Iraq , as it has been re - activated after a lapse of 23 years , he is the President corridor that connects the Gulf Europe.

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