by Rocky Yesterday at 1:50 pm
TodayThe International Chamber of Commerce in Iraq announced, today, Sunday, the establishment of the International Arbitration Committee within the c... ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Today
The International Chamber of Commerce in Iraq announced, today, Sunday, the establishment of the International Arbitration Committee within the country, pointing out the advantages that this committee will provide.
The head of the Chamber of Commerce, Mohsen Al-Hamidawi, told the Iraq News Outlets on the sidelines of the International Trade and Arbitration Forum: "Today, the International Chamber of Commerce was launched in Iraq, after long work in cooperation with the Federation of Iraqi Chambers of Commerce, the State Shura Council, and the Ministry of Trade. We made great efforts with the International Chamber of Commerce to obtain the ICC license in Iraq," stressing that "we achieved great success in this field."
He added that "the most prominent steps we have taken are the establishment of the International Arbitration Committee inside Iraq," noting that "Iraq has incurred huge financial losses due to external arbitration."
He added, "Now arbitration has become available inside Iraq, with the support of the government, especially Prime Minister Mohammed Shia Al-Sudani, who is a major supporter of the Iraqi economy."
Al-Hamidawi stressed that "this step will encourage foreign investors and international companies to enter the Iraqi market and work in it."
He pointed out that "a book was issued by the ICC in Paris, and we will distribute it, which highlights Iraq's desire to interact with the international community and strengthen foreign relations."
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We are now going to be watching the real Iraq start to showcase herself. The doors are opening for internationalism. Lets see what reforms that Iraq has started to show her people. From the looks of it of late she has a lot going on that many man not see just yet. The discounts on food for instance to get the citizens hoarded money into the banks. All noted on their new electronic cards. Fascinating times they are having. imo All of which is geared for an exchange rate move. ~ MM | | | |
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