Trade responds to Nassif's comments on the Vietnam-Iraq company's tea-growing funds

denied the General Company for the trade of food items for the Ministry of Commerce, Sunday, high Nassif MP statement on the go Iraqi company Vietnamese funds for the cultivation of tea to "responsible pockets" in the ministry, saying that the Iraqi company Vietnam has all the documents confirming the legal procedures.

The company said in a statement received by Alsumaria News, a copy of it, "it denies the statements of MP Alia Nassif on going the funds of the Vietnamese company for the cultivation of tea to the pockets of officials in the Ministry of Commerce," indicating that "the establishment of the company (the Vietnamese company for the cultivation of tea) And the approval of the Council of State and the Planning Council and after more than a year of communications and the publication of the establishment of this company in the Iraqi Trade Journal the second issue of 2004 was not a secret because it was knowledge and knowledge of the Iraqi government responsible and is managed by a joint board representing the Iraqi and Levite sides And that its work is subject to scrutiny by the Audit Bureau annually as an external investment. 

The statement pointed out that "the establishment of the company (the Vietnamese company for tea growing) came as a result of the funds for Iraq Vietnam's processing of oil during the period of the former regime has paid Vietnam part of this debt through the export of labor and some simple agricultural products at the time, "During the period of economic embargo imposed by the United Nations on Iraq , Vietnam paid some of the debt through the processing of quantities of tea, rice and other products.

He added that "after Vietnam went to foreign investment as a result of economic openness to the world has been put investment files for projects and government companies, including the project to establish the Iraqi-Vietnamese joint company for the cultivation and production of tea and export it as an external investment project in order to preserve the Iraqi funds in Vietnam and avoid exposure to demand extinguish those debts like the rest of the European countries that have taken this step, and was obtaining the approval of the Iraqi official authorities and obtained extensive from the General Secretariat of the Council of Ministers after the study presented a study by the ministries of trade, finance, agriculture and the Bank of Iraqi CenterThe company was officially registered in the name of "Foodi" in accordance with the Vietnamese Investment Law on 7/1/1999 and approved the registration of the entity of the company, which represents an independent entity subject to the Vietnamese law to develop the productivity of tea plantations and area (388/1119) ) And the cultivation of additional areas with good types of tea and the modernization of three existing plants and export 95% of production to the Iraqi and global markets.

He pointed out that "the contribution of the Iraqi side amounts to 8.3 million dollars paid by the Vietnamese government as a repayment of part of the debt and the contribution of the Vietnamese side $ 6.8 million represents the laboratories and farms and assets that have been evaluated by independent audit companies became the Iraqi contribution 55% compared to 45% For the Vietnamese side out of the total amount, "pointing out that" the establishment of the company came to ensure payment of debt owed by the Vietnamese side as well as the practice of activity since the year 2000 until 2009 to supply Vietnamese tea to Iraq to meet the needs of the ration card in return for profits to the Iraqi side, Mad Tea within the ration card items have been searching for new outlets for the sale of tea in the world markets and local Iraqi markets Vietnamese. "

"The Board of Directors of the Iraqi-Vietnamese company has achieved important achievements during the past two years through the achievement of profits and gains as well as the renewal of factories and factories for the farm," the statement pointed out that "most of the work of this Council is conducted transparently through the monitoring and follow-up of the Federal Audit Bureau and auditing devices Control of the ministry, which is originally represented in the membership of the joint board of directors. " 

He added that "the erroneous information provided by some of the deputies is coming from the face of investment programs and put the stick in front of the vehicle, especially as the company raises the Iraqi flag in the center of the Republic of Vietnam is an investment program of great economic benefit and contributed to the preservation of Iraqi funds that were Vietnam during the previous regime , And that the work is conducted in daylight and in accordance with Iraqi laws and controls, and the company has all the documents that confirm the legality of their procedures, either through the board of directors or through the control and audit of data and information on the work of the company. 

The deputy of the coalition of state law, high Nassif said on Saturday that the production of tea farm owned by Iraq in Vietnam is marketed to companies in other countries owned by "officials in the Ministry of Commerce," stressing the need to open an investigation on how to run the farm and announce the results of the investigation On public opinion.