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Al-Harethi accuses the Investment Authority of obstructing the implementation of laws that support investment in Iraq
March 26 2018 2:30 PM
March 26 2018 2:30 PM
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[rtl][rtl]Harith Al Harthy[/rtl]
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Follow-Up
A member of the Committee on Economy and Investment Representative Harith al-Harthy, on Monday, the National Investment Commission to block the application of many laws that affect investment in Iraq, pointing out that it is difficult to hold the figures in the Investment Authority to the presence of those who support them.
Al-Harithi said in a press statement that "there are many important legislations initiated by Parliament and serve the process of developing investment work in the country, but unfortunately it is still on paper and has not been implemented correctly," noting that "Among the laws that have been neglected is the one window Which was supposed to grant investment license through the investor within 15 days, but what happened to leave until today is not completed in two or three months and then after the withdrawal of the leave and sold to another person.
Al-Harithi added that "there are many observations that have been made by us and submitted to the competent authorities of the State Economy Committee, but the problem today with the National Investment Commission and the provincial investment bodies that impede the application of laws because it has the right to grant leave," pointing out that " The Investment Authority for the presence of those who elude them in addition to the presence of those who support those personalities. "
Al-Harithi said in a press statement that "there are many important legislations initiated by Parliament and serve the process of developing investment work in the country, but unfortunately it is still on paper and has not been implemented correctly," noting that "Among the laws that have been neglected is the one window Which was supposed to grant investment license through the investor within 15 days, but what happened to leave until today is not completed in two or three months and then after the withdrawal of the leave and sold to another person.
Al-Harithi added that "there are many observations that have been made by us and submitted to the competent authorities of the State Economy Committee, but the problem today with the National Investment Commission and the provincial investment bodies that impede the application of laws because it has the right to grant leave," pointing out that " The Investment Authority for the presence of those who elude them in addition to the presence of those who support those personalities. "
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