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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iran: Iraq will remain the biggest market for us for 15 years to come

    Rocky
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    Iran: Iraq will remain the biggest market for us for 15 years to come Empty Iran: Iraq will remain the biggest market for us for 15 years to come

    Post by Rocky Thu 27 Jul 2017, 2:41 am

    Iran: Iraq will remain the biggest market for us for 15 years to come


     Baghdad / Zahraa al-Jassim

    "Iraq will remain the biggest market in the region for another 15 years in terms of discharging the Iranian goods, a major danger to the Iraqi economy," said an economist at the Iran-Iraq Chamber of Commerce. That it drains our wealth from the rare currency and the conversion of the dollar, at a time when Iraq should achieve independence economically and safely relying on domestic production and the importation, on the other hand reduced the parliamentary economy of the importance of talk,
    Everyone has the ambition to dispose of his goods. We also have to develop our industry and build our local capacities by supporting the private sector and activating the important laws to protect the local product, stressing the need to draw attention to marketing our local production and creating industrial partnerships with neighboring countries to develop our industry.
    The head of the Iran-Iraq Chamber of Commerce, Yahya al-Ishaq, stressed that the Iraqi market is a difficult and difficult road, but it will remain the largest market in the region for another 15 years. He pointed out that the most prominent export commodities of Iran to Iraq are foodstuffs and clothing And construction materials such as steel and cement, technical services and types of machines, and cooperate with Iraq in the field of insurance, banks and commercial and technical systems.
    The head of the Committee on Economy and Investment Jawad al-Bolani said in an interview with Al-Mada, that everyone can talk to what he likes. These countries certainly have an ambition to dispose of their goods, but do we stand idly by about that ambition. But today we have to develop our industry and build our local capabilities by supporting The private sector of the state, especially since the law of the budget for the year 2017 included paragraphs forcing all ministries to buy products and materials from the industrial departments of the Ministry of Industry and the private sector, except in the absence of such goods in these departments, connected: Here also attention must be directed to marketing the product , We do not have a trust And called for the establishment of industrial partnerships with Iran, Turkey, Saudi Arabia, Jordan and Kuwait, through the operation of factories for these countries in Iraq but by Iraqi labor, and it certainly depends on a series of measures that the state must develop, through its ministries, And even the Central Bank, are all responsible for putting this agricultural industrial vision forward and developing it clearly.
    He stressed: What we see today that the Iraqi government is serious in the development of manufacturing industries and small and medium industries to meet the needs of the market of domestic products suitable for daily consumption of the Iraqi family, and the Ministry of Industry with the private sector in Iraq are required to open prospects of cooperation with the state of the region, especially neighboring Iraq, to ​​know technology And production lines and develop partnerships between them and the countries that have made progress in the economy, followed: Parliament has enacted important laws that protect the producer and consumer and prevent the dumping of the market, but how to apply these laws, expressing: regret that the authority of law N so far unable to prevent dumping, which has damaged and hurting the Iraqi economy.
    The commodity dumping policy, in its economic sense, means the sale of foreign goods in local markets at prices below the cost for the purpose of removing competitors from the local market. The importer of this commodity is forced to close its factories that produce the same competing commodity. When foreign factories control the local market, they manipulate prices and at the same time tighten their grip on the market and impose the price they wish to set.
    On the other hand, the economic expert in the name of Antoine said in an interview with (the range), that the trade relations between Iraq and Iran and Turkey on the other hand grow and expand, but it is regrettable that officials of industrial and economic development, do not attach importance to the development of the productive sector, In our relations with Turkey and Iran, to build and develop our production sector at home, not a consumer sector imported only from these countries with other neighboring countries, and our economic relations should be reciprocal. But we expand relations, but not at the expense of the Iraqi market to remain consumer goods And neighboring countries.
    In Antoine's view, it is a big mistake to keep the Iraqi market dependent on the disposal of the goods of neighboring countries for other years to come. If we want to establish commercial industrial relations and agreements to develop our industrial projects and benefit from the experience of Iran and Turkey in building a production base and not consumption, The Iraqi market for the disposal of the goods of that country is the great danger that drains our wealth of the rare currency and turn the dollar at a time that Iraq must achieve independence and economic security depending on local production and not import from neighboring countries, explaining: Our problem is a gap gap In the application of the deficit and the frequency for that application of the important actions that develop the economy, but we must recognize that there is a force taking advantage of the delay in the application of transforming Iraq into a productive country to achieve self-sufficiency measures and dispense non-essential goods.
    After 2003, Iraq relies on the import of many foreign and Arab products, agricultural and food, cars, electrical appliances and construction materials, as well as electricity from Iran via the lines of Basra and Diyala.
    Iran's exports to Iraq have doubled 17 times in the past decade, while Iraq is Turkey's second-largest foreign trade partner, with bilateral trade exceeding 15, according to Iranian officials. Billion dollars a year.

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