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[size=36]Parliamentary proposal to merge the Investment Commission of the Iraq Reconstruction Council[/size]
Political | 08:28 - 23/05/2019
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Baghdad - Mawazeen News The
Committee on Economy and Investment Parliamentary Committee, during the next few years, to accept the proposal to amend the investment law, which includes the integration of the Investment Commission with the Supreme Council for the reconstruction of Iraq, and aims to promote investment reality and provide an environment conducive to entry of investors and reduce corruption.
"The government has adopted a set of ideas to promote the investment reality, and with the turn of many countries of the world to invest in Iraq, the executive authority must create the appropriate climate for investment from legislation and laws that contribute to the establishment of the ground," said Hamid al-Moussawi, a member of the committee. Attractive to foreign investment so we need to amend the investment law. "
"The National Investment Authority needs the support of the government and to develop itself, which generated the idea of legislation of the Supreme Council for Reconstruction and the integration of the Investment Authority within the law," he said, adding that "the draft law is before the Economic Commission of Representatives to study."
"The new law will limit corruption in the investment sectors and at the same time will be a roadmap for investors at home and abroad," he said. "The most important advantages of amending the investment law is that the investment opportunity will be granted within 15 days of applying for investment."
Moussawi pointed out that "the proposed law is in the government and is determined according to the vision of the Prime Minister and we agree with them to resolve the issue of investment." Ended 29 / a 43
Committee on Economy and Investment Parliamentary Committee, during the next few years, to accept the proposal to amend the investment law, which includes the integration of the Investment Commission with the Supreme Council for the reconstruction of Iraq, and aims to promote investment reality and provide an environment conducive to entry of investors and reduce corruption.
"The government has adopted a set of ideas to promote the investment reality, and with the turn of many countries of the world to invest in Iraq, the executive authority must create the appropriate climate for investment from legislation and laws that contribute to the establishment of the ground," said Hamid al-Moussawi, a member of the committee. Attractive to foreign investment so we need to amend the investment law. "
"The National Investment Authority needs the support of the government and to develop itself, which generated the idea of legislation of the Supreme Council for Reconstruction and the integration of the Investment Authority within the law," he said, adding that "the draft law is before the Economic Commission of Representatives to study."
"The new law will limit corruption in the investment sectors and at the same time will be a roadmap for investors at home and abroad," he said. "The most important advantages of amending the investment law is that the investment opportunity will be granted within 15 days of applying for investment."
Moussawi pointed out that "the proposed law is in the government and is determined according to the vision of the Prime Minister and we agree with them to resolve the issue of investment." Ended 29 / a 43
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