Organizing commercial agencies contribute to the transition to a market economy

Organizing commercial agencies contribute to the transition to a market economy
 
 
         

5/8/2014 0:00 
Specialists: law is not consistent with the requirements and challenges of the current
BAGHDAD - Farah pumice - Mustafa al-Hashemi
Still many of the laws that govern the business process and economic development of a country is incompatible with the process of change and the economic reality after the year 2003, and the trend towards a market economy, and within this important legislation proposed law regulating commercial agency, which called for specialists to claim the need for approval and bringing it replaced the old law No. 51 for the year 2000.  weakness of the law , an economist Mahmoud Alloush among the weaknesses of the old law and its incompatibility with the current economic situation, as it limits the process of trade exchange between the Iraqi trader and traders of foreign companies that are dealing with it, as it is the work of commercial agents and was restricted to a specific category of people. According to what he said Alloush "morning", it "has been held many meetings and seminars by the competent authorities, experts, associations and organizations, has been out proposal format is a new law regulating the operation of commercial agencies were sent to the State Council before ratification by the Council of Ministers has sent to parliament in order to read it and passed, but he still sits on the shelves of the House of Representatives. added expert, "it was the development of the new proposal to replace the old law No. 51 of 2000, especially given that the (old) does not fit with the process of change in the transition from a totalitarian to a market economy , saying the most prominent proposals to be handled directly between the agent and the company's foreign parent or a foreign merchant or through the commission agent to be regulating this process properly. directives of the government and the Council of Ministers has directed the ministries to direct the foreign companies, global adoption agencies, national commercial agents Iraqis or Iraqi companies registered in Iraq, according to the law rather than foreign agent as much as possible and do not mind hiring the exclusive agent of foreign nowadays up to the adoption of a draft law regulating commercial agency. also noted Alloush to the possibility of opening regional offices in any other country of the commercial agent and a private trader with global companies, especially as the commercial agent registered Chamber of Commerce, and the accountant tax, as well as he documented the Department of Registrar of Companies, and this is the legal side and the fundamentalist to be a commercial agent. commercial laws either head of the Securities Commission, Dr. Abdul Razzaq al-Saadi, has stressed the need to prepare law firms new and advanced in line with Laws of global trade, as well as find a realistic study reconsider the law of registration of companies and regulate the commercial agency and the Financial Administration Act, saying that the law of commercial agency ancient intersects with the current reality of the country. confirmed Saadi "morning" and there are a lot of agencies registered in Iraq, but most of them Junior because they are agencies and is under the experiment until they find the guarantees that are set by law to ensure the rights of agents Iraqis, especially given that the international companies, seeking serious in opening trade agencies in other countries and this is regulated by law.called on the competent authorities to develop a package of economic laws and commercial modern consistent with the reality of Iraq and the reality of the world the other, and taking into account the study and prepared in accordance with the developments in the countries of the world, in order to regulate the commerce that supports the country's economy. market economy and in part of the Post, said economic expert, Dr. appearance of Mohammed Saleh, the need to reconsider the law regulating commercial agencies No. 51 of 2000 being not in line with the requirements of the current phase of Iraq's openness to the world and the transition to a market economy .. Saleh said in a statement (morning): It is necessary now to reconsider the law, especially after the passage of more than 10 years of being housed in one of its articles penalty of up to life imprisonment for each assigned to public service has deliberately work of the Agency of Commerce in order to conclude a contract with the state departments. pointed to the importance of reconsidering this law to the fact that the country needs to reach consumers of goods and commodities imported from Mnashiha. The law has been issued by the Revolutionary Command Council dissolved and is still in effect despite the lack of aligning with the current phase, as well as it does not help make the transition to a market economy, which allows competition in business and economic development in general. Salih stressed that most of the agents companies in Iraq They are traders and buy goods from Wholesalers probably not agents regional, as well as they they import discounts on prices, Maidau to deal directly with agents of international companies in these countries, indicating the importance of the presence of agents Iraqis for businesses large global in the country. activation of legislation was General Secretariat of the Council of Ministers announced in late December 2013, the Council decided that the State Consultative Council to expedite the audit draft law on the organization of the agency business and his proposal to form a new law, not an amendment to the law in force.
 


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