Dumping the commodity in the forefront
BAGHDAD - Hussein al-Tamimi Tgb
The number of factories and industrial plants in Iraq 150 000 project 110 of them stopped and moved its activity or activity owners to exercise acts of free mostly focused on trade and remained in the arena 40 000 factory last breath for many reasons, told us by the Vice-President Iraqi Federation of Industries Laith Hassan Shamsa in answering the question: "morning" about the reality of the private industrial sector:
said Shamsa that just looking at the figures will be displayed in front of you the importance of these plants and factories in addressing the many challenges facing our national economy, particularly the unemployment Add to this the importance of the contribution of local production in support of revenue budget and rid the economy of Ahadath rentier.
promised reasons Palmtwarthh any of the before the change in 2003 and worsened to continue with additional factors.
Shamsa said the solution lies in the possibility of establishing industries giant in most areas of the country where there are industrial raw materials in large quantities help build facilities large cover local need and proceed to export the surplus, pointing out that the possibility of attracting international effort to invest in natural resources that promote the local economy and make a impact on the world stage.
pointed out that the development of local industries would prefer to start from the industries have a local market and international promising and I knew having produced qualitative as an industry cement which can be in the advanced ranks globally as well as the possibility of the development of the glass industry and is available from the raw materials employed in many important products that increase the demand for them constantly, it can also activate the date industry, especially the production of the country and plenty of this article.
stressed Shamsa the importance of the promotion of legislative aspects governing the reality of the local market and the establishment of industries necessary, where there is a need to stand at the legislation that confuse the reality of development because they intersect with other legislation, indicating the importance of that is the treatment of this problem which limit industrial development, as well as the activation of laws protecting local products which limit the phenomenon of dumping of the commodity that accompanied the local market since 2003, and the dimensions of the local product to compete with those products.
confirmed that the indiscriminate import hurt national production where they left off many of the plants that are suffering today from obsolescence of equipment and production lines, which has become Today's need to rehabilitate and develop all the joints, indicating that this matter requires activation industrial initiative that provides financial cover to the owners of those projects to restore life to their labs and that relatively initially pointing out that the support is in the form of open letters of credit with companies equipped to production lines and equipment necessary to ensure streamlined loan in the right direction.
pointed Shamsa to the importance of supporting the industrial sector by trying to transfer the experiences of neighboring countries, which exports its products to Iraq and what followed from the mechanics to support its products, which are exempt those products from duties and taxes exporting and how it reflects the measure on the domestic product of the positives.
Shamsa continued by saying that the Iraqi Federation of Industries requires the concerted efforts of his administration and all the industrialists to start a new phase, indicating the importance that is heading the owners of industrial plants to the EU to draw a roadmap check the economic viability of all post-hiatus that lasted for several years, also stressed the importance of a bank's Industrial role in supporting the lending process and its limited within this sector exclusively.
said at the conclusion of his speech: that the Iraqi industrialists in the private sector are counting on the launch of the initiative industrial and make it a way of activating the private sector.
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