After the Arab states ... Iraqis are going to invest in Iran

After the Arab states ... Iraqis are going to invest in Iran 
6/23/16

Dinars / Abbas Al passengers / .. directed the attention of the Iraqi investors from time to time to the state from neighboring states and regional because of the economic conditions surrounding countries to be invested, it is Jordan, where many Iraqi capital operation in the Jordanian market days nineties and after the fall of the regime in in 2003, then went investment then to Egypt, where the Iraqis are directing huge capital from the Iraqi market to Egypt has been buying huge real estate and management companies in partnership Egyptian, was an investment opportunity for the currency difference between the two countries to create a major investment opportunities there, especially after the sectarian incidents in the country in 2005, Syria was prior to its entry in an internal war with al Daash and the collapse of security which are the most attractive to the Iraqis as Iraqis was in 2003 before heading to them as refugees from the oppression of the former regime, the station, then became there capital owners and established companies and agencies trade on a large scale and began crowding Syrians in the field of labor market.
As far Viahr Economists observers to the capital began heading to invest in Iran thanks to the stability of the very marked economic, political and social relations between the two countries after a break of more than 25 years because of the war between the two sides, which lasted more than eight years and then the isolation of Iraq for regional and Arab environment, as well as of the things that encouraged investment in Iran is the collapse of the purchasing power of the Toman because of the blockade imposed by the United States over its nuclear file, as well as the flexibility of investment law to attract foreign investment have, and the presence of the power of the law maintains the property and revenues and the lives of foreigners.
He says, "Abu Mustafa," that there are a lot of Iraqi citizens of the affluent go to Iran to deposit sums of money there in the banks and investment benefits in the payment of annual Sfrathm costs to Iran without lack of capital, and I personally know some people will bid farewell to some of the money spare him the need for the Iranian banks for the said purpose.
To increase investment in Iraq and the large demand for it in the Iranian banks have been opening a number of branches of Iranian banks, particularly Bank "Melli Iran" the largest Iranian bank.
Says professor of modern history. "Riad Basil" that invest in Iran through bid farewell to the money in its banks comes because of the financial distress experienced by Iran now, either in the purchase of real estate for economic purposes has been set by the Iranian constitution only Iranian citizen or marry an Iranian woman who are drug or register the company on its behalf has the Iranian government made such a decision at the beginning of the war, particularly in 1981 and was canceled after one year, the majority of Iraqi citizens of Iranian assets and the deposit their money with Iranian banks in anticipation of any emergency happening in the country, particularly when it is in conditions of unstable security and economic, as well as play some religious families bid farewell to powerful institutions funds and shares in companies in Iran.
Basil adds that the problem facing the Iraqi traders to invest in Iran, with massive capitals is the deterioration of the relationship with countries in the region with the push and pull, and the difficulty of converting the funds from the Iranian banks to banks Turkey or the Gulf states, which has not accepted the deal with the Iraqis dealing with Iranian banks, but some of them prepared by the smuggling of foreign currency or money laundering and bleached specifically.
It recalls that attracting and supporting foreign in Ira investment law passed since 1955, is a foreign investment legal framework in Iran and to work reforms path in the economic structure of the country and suggested that Iran's parliament put forward a new draft law on foreign investment holds the title (to encourage and support foreign investment law) which was approved it eventually in 2002, hence the solution to encourage and support the law of the place attract foreign investment and support foreign investment law, which was prevalent from 1955, this alternative has led to the development of the legal framework and environment for foreign investors' activity in Iran.
In light of Article (1) of the Act to encourage and support foreign investment, foreign investment is defined as part of natural and legal persons and foreign communities as well as Iranian and companies residing inside or outside the country. Investors foreigners are characterized by the terms of the enjoyment of facilities and privileges granted by law through the introduction of foreign capital are diverse and wide-ranging and can be in the form of cash or non-cash also it includes Almکain, equipment, raw materials and primary parts and services specialist or moral rights for the purpose of investment in industry, mining, agriculture or services


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