The Private Sector Administration and the Iraqi Federation of Industries are discussing a working pa

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[size=52]The Private Sector Administration and the Iraqi Federation of Industries are discussing a working paper to develop the Iraqi private sector and support exporters.[/size]

[size=45]Baghdad / Trade Media
The Private Sector Department in the Ministry of Commerce discussed with the Board of Directors of the Iraqi Federation of Industries a working paper to develop the Iraqi private sector and support exporters.
And the Ministry of Commerce stated in a statement, quoting the official spokesman, that “a joint meeting was held in the Iraqi Federation of Industries to manage the private sector in the Ministry of Trade with the Board of Directors of the Iraqi Federation of Industries, to discuss future work mechanisms and contribute to the development and development of the private sector by solving outstanding problems and giving assistance to the private sector.” Iraq to achieve its goals.
The Director General of the Private Sector Department in the Ministry of Commerce, Muhammad Hanoun, confirmed that “the coming period will witness great interest in supporting the Iraqi private sector in accordance with the government program through developing capabilities and capacity development, as well as participating with the international private sector in many investment projects, as well as contributing to overcoming obstacles and difficulties that This sector stands in order to participate in the economic development the country is witnessing.”
He pointed out, "The meeting that was held today is part of the mechanisms of the department's plan to cooperate with the concerned unions in the private sector and listen to work problems and obstacles, and in order to take urgent measures by preparing mechanisms that will be presented to the government in addressing the problems of this sector."
He pointed out, "The discussions of this day were based on finding mechanisms and practices for cooperation and coordination between the Private Sector Development Department in the Ministry of Trade and the Iraqi Federation of Industries, which is part of the ministry's program for cooperation in order to achieve the goals of the Iraqi private sector and support the activities of Iraqi exporters and industrialists."
And he stressed, “The meeting discussed a working paper prepared by the Federation of Iraqi Industries, which included mechanisms for joint action, whether on the subject of preparing an import and export plan, using the open door to import, discussing the most prominent obstacles to growth and development, as well as discussing unfair competition between imported goods and cheap equipment between the national variety that is not The market proposes that it not overcome great difficulties in light of the inappropriate investment environment.
And he continued, “We need to discuss ways to develop export and distribution policies in a way that guarantees support for the private sector’s strategy, and through several proposals, most notably the adoption of special legislation that forces government institutions to buy locally manufactured products, and researching ways to address unequal competition that imports the national product, amending the regulations and laws related to that, and researching In imposing taxes on imported derivatives of all kinds, so that competition becomes fair, especially when there is no large price difference that motivates the citizen to own the cheap local product.
For his part, Mr. Adel Akab, President of the Iraqi Federation of Industries, emphasized “the importance of these meetings to overcome obstacles and contribute to preparing proposals that support the work of the Iraqi and industrial exporters, who suffer from many problems and neglect that extended for many years, as a result of the government’s lack of interest in this vital sector.”
Akab called for “the importance of creating fair competition between importers and not limiting it to specific people, reducing the validity period of import licenses, checking when they are renewed when the market needs them, and checking the support policy for imported goods, especially food, as government support leaked into the pockets of importers,” calling for “converting support to Importing production materials.
He stressed the need to encourage the export of national products by reducing transportation, export and advertising expenses, and investing foreign relations in encouraging the import of Iraqi products, reducing taxes on them, and benefiting from the experience of neighboring countries in determining the proportions of direct support for export.
The two parties agreed to renew joint meetings and find a working ground that would help the Iraqi private sector achieve its goals, as well as find new mechanisms to support Iraqi exporters and the possibility of benefiting from the Iraqi Exporters Support Fund to export Iraqi goods, which confirmed its success, the last of which was presented at the Baghdad International Fair of distinguished goods that compete foreign goods.[/size]
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