Supporting local industry through the activation of legislation

2/4/2016 0:00

BAGHDAD - Farah pumice

urged a consultant in industrial development and investment on the activation of legislation in order to support local industry, customs Kaltarafh and protect the product and Almsthlk.otsay government very seriously to support the private sector in line with the calling for the constitution to shift to a market economy the government program items, but many observers say the need to provide attribution projects sober thoughtful to operate successfully and put high-level productivity and competitiveness in price and quality. A member of the Baghdad Economic Forum Amer Jeweler to develop a feasibility sober serious studies for new projects,

particularly the private sector projects, and study the market and an action plan and financing plan, as well as the government on support for activating and implementing and supporting the economic process of legislation, most notably tariffs and product protection, consumer protection, dumping commodity laws . He said the jeweler to the implementation of the plans needs to be real means of support, including funding of the benefits of soft and during periods of long repayment term, as well as support (the private sector) to hold foreign partnerships that have the ability to participate in the capital, in addition to the benefits of these partnerships that bring technology and advice and modern equipment. And the consultant said the Iraqi productive sectors experiencing difficulties in marketing its product, so calls at the same time the concerned authorities to provide support and advice to marketing projects discreet cooperation with specialists and experts and consultants in this area, in order to put up with the quality of products of high-level

competitive price, will therefore be the product his reputation in the market and the process of marketing Najehh.mn the other hand, experts and specialists to find that the industrial sector largely dysfunctional, and that factories operating on a quarter or a third of its production capacity, stressing the need to take governmental agencies concerned with supporting the private industrial sector this into account for the purpose of reducing the deterioration of the injury .