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The House of Representatives votes to encourage investment with Iran and amend the law of the Central Bank
15/11/2017 12:00 am [rtl] BAGHDAD / AL- SABAH The House of Representatives voted yesterday on two laws, ending five draft laws and proposals. At the start of the 30th ordinary session, which was held under the chairmanship of First Deputy Speaker of the House of Representatives Sheikh Hammam Hamoudi and with 170 deputies on Tuesday, the chairman expressed condolences and condolences to the families of the earthquake victims and called for giving full attention to the affected areas. Then the Al-Fatihah Council recited a recitation of the souls of the victims of the earthquake and the spirit of my two deputies. Sheikh Hamoudi, on behalf of the Iraqi People's Assembly, praised his outstanding performance in hosting visitors in the fourteenth of Imam Hussein. The visit turned to the world's attention. He thanked the security services, the competent ministries and the concerned governorates for their role in securing and success of the 40th visit. Working to accommodate visitors The success of this event represents a popular success. The Council voted on the draft law on the ratification of the Mutual Encouragement and Protection of Investments between the Government of the Republic of Iraq and the Government of the Islamic Republic of Iran, submitted by the Committees of Foreign Relations, Economy and Investment for the purpose of benefiting from the economic resources and facilities available in the investment fields of the Contracting Parties and to create the appropriate conditions for the investments of their nationals in the territory of the other party. Of the Convention. The Presidency decided to postpone the vote on the draft law amending the law of the Association of Accountants and Auditors, submitted by the committees of civil society, financial and legal to the meeting on Saturday. The Council completed the vote on the Second Amendment Bill to the Central Bank of Iraq Law No. 56 of 2004 on the Coalition Provisional Authority (CPA) submitted by the Financial, Economy and Investment Committees for the purpose of increasing the capital of the Central Bank of Iraq and keeping pace with the global economic development. The Board of Directors of the Bank from outside the Bank and the formation of the Audit Committee and the issuance of commemorative coins and the imposition of interest on loans granted by the bank to commercial banks and to keep his money from the bookings issued by judicial decisions. The Presidency postponed voting in principle on the draft law on the lease of agricultural land, submitted by the committees of agriculture, water, Marshlands, finance, economy and investment. The Chamber of Deputies also ended the first reading of the draft law on the ratification of the United Nations Convention on Transparency in State-to-State Arbitration of Investors and States submitted by the Committee on Foreign Relations in order to apply the rules of transparency in the equitable settlement of disputes in treaty-based investor-state arbitration and the promotion of good governance and ratification of the Convention. The Council completed the first reading of the proposed amendment to Law No. 13 of 2011, submitted by the Legal Committee in order to allow a larger segment to contribute to the provision of services to citizens within their areas of work and to further strengthen the role of the electors as the link between the citizen and the local government . The session witnessed the first reading of the draft law of the Sixth Amendment to the Implementation Law No. (45) of 1980 submitted by the Legal Committee for the purpose of guaranteeing the rights of the State through the non-implementation of the decisions against them only after acquiring the absolute degree and guaranteeing the right of the wife to obtain her legitimate right without injustice and stability of transactions In determining who is responsible for paying the fees. The Council also completed the first reading of the proposed law of the National Commission for the Protection of Peaceful Coexistence submitted by the Endowment, Religious and Legal Affairs Committees for a cohesive, tolerant and tolerant society capable of confronting terrorism, violence, sectarianism and hatred and to absorb the efforts exerted in the field of peaceful coexistence by the Iraqi Council of Representatives. The Council concluded the reading of a report and discussion of the proposed bill of Babylon, the cultural capital of Iraq, submitted by the committees of culture, information, law, tourism and archeology. In the interventions of Representatives MP Riad Gharib said that the promotion of the tourism sector contributes to the development of the Iraqi economy and the diversification of its resources, calling for the global spotlight on the civilization of Babylon. MP Abbas al-Bayati pointed out that Iraq is the cradle of civilizations and it is important to make the law an outlet for marketing the effects of Iraq spread in many areas of it, noting the importance of paying attention to the effects through embassies abroad with the establishment of a series of festivals and annual activities in this regard. MP Mutashar al-Samarrai said that the development of a clear strategy to invest Iraqi antiquities will contribute to support Iraq's financial budget. In response to the interventions, the relevant committees stressed the work hard to implement the proposals of deputies after the vote on the proposed law.[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
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