Efforts to open a new free zones near the border crossing points

Efforts to open a new free zones near the border crossing points






2/27/2014 0:00

It supports both the budget resources other than oil
Baghdad - Mostafa Hashemi represents one of the free zones of economic resources (non-oil) that support the country's budget revenues growing enhance the efficiency of Iraq's economy as well as to open new free zones near the border crossing points have positive returns serve investors. At this Economic regard student academic Dr. Majid Baidhani increase the size of the support of the three free trade zones in Iraq by directing ministries and government departments to provide technical assistance and logistics in order to facilitate the work of the General Authority for Free Zones. He added Baidhani told (morning) that it is necessary to solve the intersections that accompany the activity of this body with the Customs in relation to the input and output to facilitate clearance. As well as interactions with the Department of Real Estate State regarding the provision of land for future expansion in the activity of the body. , and pointed out that the strengthening of the ties of international cooperation with Iraq in the field of free zones would activate bilateral agreements and their implementation on the ground to attract many investment projects in all areas and in particular industry projects oil and the accompanying technology and expertise. called Baidhani to study ways to raise the profile of the free zones to make it in the ranks of the free zones and the global adoption of several steps contribute to the development of the legal and administrative structure of the body in order to serve the Board and the investor together. He pointed out that the promotion of investment activity and the use of the art of persuasion and negotiation of important issues in achieving economic benefits for the country, adding that the development and training of staffs to negotiate by the sponsor to the advancement of the free zones. Referring to exert every effort to promote the regions of Iraq free and investments and future plans. pointed to the need to strengthen the capacity of these areas and the development of its infrastructure and make it more attractive for investments. was the General Authority for Free Zones has earlier announced strategy worked for four years and includes work on the preparation of a new law for the keep pace with economic developments as well as the completion of investment land for investment in the free zones currently operating (Khor Al-Zubair, and Nineveh, and based) .. According to the strategic importance of the completion of the investment plan for the development of the infrastructure of the free zones currently operating or free zones, new and complete procedures for an investment piece Land near the Baghdad International Airport in order to establish a free trade zone on them, and look to open new free zones near the border crossing points with business outstanding (such Trebil, Zurbatiyah, Mundhiriyah, and Safwan). seeks authority within its strategy to activate the transit trade through free zones and that the site outstanding enjoyed by those regions, which opens the way for the export industries and aggregate in coordination with the relevant authorities. And try to exploit the abundance of raw materials and raw materials locally in addition to the existence of spaces expansive and wide at the Commission in the areas near the free zones currently operating can be configured as investment opportunities for industrial projects large and so to open broad areas for industrial investment. , and pointed out that the opening of free zones, especially for individuals and companies wishing to invest such in accordance with the Law Commission (No. 3) for the year 1998 and the decisions of the Board of Directors in this regard, as well as the activation of memorandums of understanding in the field of cooperation with neighboring countries on the open areas of a joint free, and confirmed that the body seeks to issue certificates of origin for products free zones for the purpose of treatment according to the Arab Free Trade Agreement Great through coordination with the Arab Union of Free Zones and the Economic and Social Council of the League of Arab States.


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HCL would be good right about now.