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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Experts: get rid of Chapter VII provides an investment environment for foreign companies

    Hkp1
    Hkp1
    Hkp1
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    Posts : 3118
    Join date : 2012-12-19
    • Post n°1

    Experts: get rid of Chapter VII provides an investment environment for foreign companies Empty Experts: get rid of Chapter VII provides an investment environment for foreign companies

    Post by Hkp1 Sun 30 Jun 2013, 10:29 pm

    13/07/01 


    Experts: get rid of Chapter VII provides an investment environment for foreign companies


    Baghdad/Bayou Eggplant

    Now Iraqi funds in foreign banks free up under guardianship of America through lifting the country from a list of Chapter VII, and specialists in Economic Affairs about the possibility of the use of these funds in lieu of the money demanded by Prime Minister Nouri al-Maliki through the law of infrastructure,

    The seventh item disposal would enable the country to return to the world market and brings solid global companies to the Iraq business and investment.

    She is a member of the parliamentary Finance Committee, Najib "smart infrastructure still exists in Parliament and there were attempts to insert", noting that "the Parliament reject this law because it does not want to Liquide the next generation large debts was affordable in the future, and that the funds of the country after the chapter VII must abolish the invitations law infrastructure.

    Najib said in a statement to (range) "exit Iraq from Chapter VII followed its obligations with the rest of the States where he paid only $ 10 billion debt it will deduct 5% of each annual budget for the remaining debt. Pointing to the country's problem is not a lack of money and lies in the financial and administrative corruption was rampant.

    Relevant said on Banking Affairs Abdul Aziz Hassoun, that "political differences and absence of economic map made the local market out of the global market.

    Finch said that the restrictions were too harsh and were applied to Iraq in a unique way filled with excesses on the text of a document of the United Nations itself, indicating the presence of some paragraphs have been applied and are not specified in item VII but Iraq remained powerless and goldfinch told b (range) "the global market is imposing heavy conditions on the country because it requires the assessment of countries and Iraq is still low in the economy despite the abundance in Iraq.

    He stressed the need to Be our relations through competent authorities with global market rational, realistic and useful for Iraq.

    So a member of the Finance Committee and General Secretary of the people's Deputy to the alsagri stream, to exit Iraq from Chapter VII of the Charter of the United Nations will have significant economic benefits to the country.

    Said alsagri (News Agency): this item behind the large economic damage so pay international companies in various fields of work away from Iraq after that under the financial regulations and the impact on the sovereignty of Iraq.

    He added: the output of Iraq from Chapter VII-VI will transfer to rehab development by allowing major construction companies for reconstruction so that Iraq will return to the international community after the sitter a break more than 23 years.

    He noted that the positive effects which will be reflected directly on State banks were forced to resort to secondary agents to sustain its foreign relations, which cost additional funds and expressed the hope that this will contribute to the achievement of development advancement in Iraq.

    The Iraqi Government announced that exit Iraq from Chapter VII of the Charter of the United Nations represents another hurdle for foreign Imam to restore full sovereignty in dealing with internal challenges remain.

    To exit Iraq from Chapter VII would make him able to manage its assets without international tutelage will also return to normal in the international community in terms of processing, in particular the health and manufacturing, especially of light weapons, medium and heavy, but the internationally banned.

    According to the decision of the Commission on economy and investment Deputy of the Kurdistan blocs Coalition//mehma Khalil, the provisions of Chapter VII, which will allow Iraq to recover its funds frozen, ending the tax paid by the people affected by the practices of the former regime.

    Iraq had fulfilled all its obligations towards Kuwait, the international community must fulfil its obligations towards Iraq and prosecutions from frozen Iraqi funds abroad.

    He said: the Iraqi people and Government have a lot to take out Iraq from Chapter VII and an appropriate time now to break this constraint which has affected many citizens, stressing that Iraq's exit from this decision will prompt international companies owned by advanced countries to come to Iraq for the purpose of investment.

    As Economist Nadin, a lay: out of Chapter VII requires urgent stop to the financial sector, especially the banking sector which will be as soon as the beneficiaries of the entry of the global financial market and wider doors.

    He (News Agency) to: the importance of exploiting the opportunity and developing the sector both through public and private partnerships and building relationships with leading international banks.

    He said: it is time for the banks to develop electronic systems and method of work and instructions of all thinking and management as well as expand the network of branches inside and outside Iraq especially in States that have a strong trade with like Turkey and China, Saudi Arabia, South Korea, Iran, Russia and others, which do not have any presence of Iraqi banks, legal and not political and not economic sanctions still today prevent us from communicating with the world.



    Since the 1990s groaning under the weight of sanctions, Iraq since international sanctions resulting from the UN resolution 661 adopted on 6 August 1990 due to Iraq's invasion of Kuwait, and the severe economic sanctions on Iraq to force the then leadership to withdraw immediately from Kuwait.

    This resolution was followed by ten successive resolutions, warning him of the consequences of staying in Kuwait and his defiance of the international community.

    Iraqis have suffered from the sanctions that deprived them of food and medicine, as well as all means of progress and technology of the world in the 1990s of the last century, leading to the deaths of 1.5 million as a result of hunger and lack of medicine and lack the most basic means of life.

    This siege lasted almost 13 years, practically ended with the fall of the Baath regime in 2003, where Iraq suffered from extreme isolation from most of the world politically, diplomatically and economically, but Iraq continued to suffer from the effects of falling under Chapter VII of the UN Charter. And for the suffering of Iraqis made the penalties of Saddam Hussein one of the ten richest tycoons in the world.



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