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Parliamentary Committee: The Minister of Industry informed us of the return of “Made in Iraq” within 6 months
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Economy News - Baghdad
The Parliamentary Committee on Economy, Industry and Trade said, on Saturday, that the Ministry of Industry has drawn up a new plan to advance the industrial reality during the first half of next year, noting that the Iraqi industry needs new legislation.
The head of the committee, Ali al-Moussawi, confirmed in an interview with the official newspaper, "Al-Sabah", that "the most important law of the committee is the partnership law between the public and private sectors," noting that "its importance lies in opening the way for private companies to take their role in the reality of the wheel of the local economy."
Al-Moussawi added, "The Ministry of Industry has developed a new plan to promote large strategic factories such as iron and steel, petrochemicals, the food industry, and other large industries in the country," noting that "the Minister of Industry, during his hosting, confirmed that the next six months will change the Iraqi industrial reality, and the Made in Iraq mark will return to all Industrial products with the support of legislation that will be supported by the House of Representatives to advance the industrial sector.
He continued, "The committee" is discussing subsidizing loans for the industrial sector from within the next budget, explaining that "Iraqi legislation includes many laws that maintain support for industry in the country, including the product support law, which is one of the most important laws, and if it is implemented correctly, the Iraqi industry will have An important role in advancing the industrial reality.” End 29/No. 33
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Added 12/10/2022 - 5:23 PM
Updated 12/11/2022 - 1:47 PM
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Economy News - Baghdad
The Parliamentary Committee on Economy, Industry and Trade said, on Saturday, that the Ministry of Industry has drawn up a new plan to advance the industrial reality during the first half of next year, noting that the Iraqi industry needs new legislation.
The head of the committee, Ali al-Moussawi, confirmed in an interview with the official newspaper, "Al-Sabah", that "the most important law of the committee is the partnership law between the public and private sectors," noting that "its importance lies in opening the way for private companies to take their role in the reality of the wheel of the local economy."
Al-Moussawi added, "The Ministry of Industry has developed a new plan to promote large strategic factories such as iron and steel, petrochemicals, the food industry, and other large industries in the country," noting that "the Minister of Industry, during his hosting, confirmed that the next six months will change the Iraqi industrial reality, and the Made in Iraq mark will return to all Industrial products with the support of legislation that will be supported by the House of Representatives to advance the industrial sector.
He continued, "The committee" is discussing subsidizing loans for the industrial sector from within the next budget, explaining that "Iraqi legislation includes many laws that maintain support for industry in the country, including the product support law, which is one of the most important laws, and if it is implemented correctly, the Iraqi industry will have An important role in advancing the industrial reality.” End 29/No. 33
Views 486
Added 12/10/2022 - 5:23 PM
Updated 12/11/2022 - 1:47 PM
[You must be registered and logged in to see this link.]
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