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Decisions of the 29th session of the Ministerial Council for the Economy
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Economy News - Baghdad
On Monday, Deputy Prime Minister and Minister of Foreign Affairs, Fouad Hussein, chaired the 29th session of the Ministerial Council for the Economy, in the presence of the Deputy Prime Minister and Minister of Planning, the Ministers of Industry, Trade, Labor and Social Affairs, the Deputy Chairman of the National Investment Authority, the Undersecretary of the Ministry of Oil, and the Prime Minister’s advisors for economic and legal affairs.
A statement by the Ministry of Foreign Affairs said, “The Council discussed the items on its agenda and took the following decisions:
- Not granting new approvals and licenses to mills for a period of 5 years from the date of issuance of the decision.
- Do not promote ownership transfer transactions for approvals and licenses until after completion of establishment and operation.
- Forming a joint committee from the Ministries of Industry and Trade that will conduct an on-site inspection of the approvals granted to mills by the Ministry of Commerce to ensure that they initiate implementation.
The Council also approved increasing the cost of the project to establish the Suez Bridge Interchange in the center of Mosul, as well as increasing the total cost of the project to rehabilitate and expand Imam Ali (peace be upon him) Hospital in Sadr City.
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Added 10/02/2023 - 8:37 PM
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Economy News - Baghdad
On Monday, Deputy Prime Minister and Minister of Foreign Affairs, Fouad Hussein, chaired the 29th session of the Ministerial Council for the Economy, in the presence of the Deputy Prime Minister and Minister of Planning, the Ministers of Industry, Trade, Labor and Social Affairs, the Deputy Chairman of the National Investment Authority, the Undersecretary of the Ministry of Oil, and the Prime Minister’s advisors for economic and legal affairs.
A statement by the Ministry of Foreign Affairs said, “The Council discussed the items on its agenda and took the following decisions:
- Not granting new approvals and licenses to mills for a period of 5 years from the date of issuance of the decision.
- Do not promote ownership transfer transactions for approvals and licenses until after completion of establishment and operation.
- Forming a joint committee from the Ministries of Industry and Trade that will conduct an on-site inspection of the approvals granted to mills by the Ministry of Commerce to ensure that they initiate implementation.
The Council also approved increasing the cost of the project to establish the Suez Bridge Interchange in the center of Mosul, as well as increasing the total cost of the project to rehabilitate and expand Imam Ali (peace be upon him) Hospital in Sadr City.
Views 47
Added 10/02/2023 - 8:37 PM
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