Iraq regains its location on the map of regional and international trade

Iraq regains its location on the map of regional and international trade

03/25/2014






3/25/2014 0:31

Embraces a meeting of Arab Federation of Chambers of Commerce, after a break of more than 40 years

BAGHDAD - Hussein al-Tamimi Tgb
Embraces Iraq meeting unions Arab Chambers of Commerce at its 116th end of the month with the participation of local and international wide. Announced that Chairman of the Federation of Chambers of Commerce Jaafar al-Hamdani said, that this meeting is taking place in Iraq after a break of more than 40 years, reflecting the importance of Iraq and restore it to its role at the international and regional levels.



He added that this meeting will contribute to the strengthening of cooperation with Chambers of Commerce, Industry and Agriculture of Arab and international, in order to achieve economic viability of the country, said that the Union will organize investment conference in Iraqi Kurdistan end of this month in Arbil, which coincides with a meeting of the session (116).


International effort


He said al-Hamdani, in an interview for the (morning) that the reality of the private sector, commercial or industrial needs to the international effort to develop experiences that take on the management of the various economic sectors and the commercial sector in particular, especially that there is a gap between Iraq and the world has witnessed because of interruptions from the outside world for a period of long.


Promising market


He noted that the country started to regain its international status is strikingly through the desires Mutual of Iraq and the countries of the world in the activation of trade relations at all levels so as to contribute to the achievement of economic feasibility great for Iraq, which is expected in the future economically promising, pointing out that the importance of building economic relations idealism stems from the role of the country as a market wide for many of the products and its location on the map of international trade routes, where the most important is to connect the poles of the Western world Balcherqa through the dry canal.
He Hamdani said Union begin to organize a conference to invest in Iraqi Kurdistan, the end of this month, with the broad participation of the private sector, which involved more than 200 local companies and 160 companies, Arab and international, as well as the Union of Arab Chambers of Commerce, referring to the participation of a number of the federal ministries in the forefront of Construction and Housing, health and water resources as well as other ministries next to the National Investment Commission.


Role of Government


He pointed out that the conference will also discuss important topics contribute to the assessment of the investment process in all economic sectors, without exception, where addresses the participants of the investment environment and experience of investment as well as the government's role in the success of the investment process, noting that the participants will stand at the smallest details that contribute to the activation of the reality of work and creating an environment attractive for international companies wishing to invest in opportunities within the economic sectors.
Hamdani pointed out that the Union organizes a meeting EFCC Arab in the (29) of the current month for the session (116) after he missed the organization of meetings for more than 42 years, stressing that this issue brings the country to its location right on the map of regional and international trade.
He pointed to the participation of 21 Arab Chamber of Commerce, Industry and Agriculture Organization, 14, is interested in commercial affairs, including the German-Arab Chamber of Commerce and the Arab-Brazilian Chamber of Commerce as well as the Arab-American and other international rooms.
He noted that the program of the meeting will include the election of the president of the Union of Arab Chambers of Commerce for the next session by the participants in the meetings of this session.


Detailed business


He said al-Hamdani, the importance of the private sector to take its real role in the economic arena of local, especially the detailed commercial needs great efforts by those who support it, where is the Iraqi market, one of the best global markets, which requires from the local private sector compete with its counterparts in the countries of the world Advanced.
He reiterated that the communication with the countries of the world is the most important episodes of the development of the commercial sector, with the opportunities that are opening up to the world, especially after the entry into force of the country from the provisions of Chapter VII and became a freedom to build direct relationships with economic blocs developed.


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