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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Parliamentary Economy Committee Discusses Amending the "Investment Law"

    Rocky
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    Parliamentary Economy Committee Discusses Amending the "Investment Law" Empty Parliamentary Economy Committee Discusses Amending the "Investment Law"

    Post by Rocky Sun 01 Sep 2024, 7:02 am

    Parliamentary Economy Committee Discusses Amending the "Investment Law"

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    Economy News - Baghdad
    The Iraqi legislative arena is currently witnessing intensive discussions about the fourth amendment to Investment Law No. 13 of 2006, as amended, in light of the significant expansion of investment activity in the country in recent years.
    These discussions come within the framework of efforts aimed at improving the investment environment and addressing the gaps in the current law.
    In a press interview followed by “Economy News”, member of the Economic Committee, Diaa Al-Hindi, stressed that the proposed amendment is “important and necessary” in light of the many problems that the current law suffers from, explaining that “the current law requires fundamental amendments in several aspects, including the mechanism for selecting heads of bodies and members of the board of directors in bodies, in addition to the conditions for granting and withdrawing investment licenses, additional extensions, and grievance procedures.”
    Al-Hindi pointed out that the amendment seeks to address those issues that the current law did not adequately address, which negatively affects the investment climate in Iraq. 
     


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