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Revitalize national industry takes six months
6/26/2016 0:00
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BAGHDAD - Mostafa Hashemi
at a time when the industry to support the private sector calls resound suggested anacademic economist to begin a plan of reform for local production takes a few months to read the conditions of the market and the possibilities of public and private laboratories and their ability to continued production through the provision of the necessary support.
Saw academic economist , Dr. Majid Baidhani in interview »morning» the possibility that active domestic industry within a short period of about six months if found true will and the determination to reach the self - sufficiency of the national industry, pointing out theneed to pre - empt the decision to hold a meeting with real industrial staffs of private sector to outline to start this step , which will contribute greatly to the development of the reality of Iraq 's industrial in the public and private sectors.
and that during this period , traders and importers will be given adequate opportunity to introduce their goods and then they can be to take more severe measures to impose tariffs on imported goods and commodities fees after this period, indicating that this thetime limit would be enough also to decision - makers and those in charge of theeconomic file study market conditions and the conditions of laboratories producing and stalled and lagging for the purpose of finding a real balance between supply and demand, alluding to the need to achieve overall stability in prices through the relevant committees at the central bank and the ministries of planning, industry, finance and other government agencies relationship.
He noted the possibility of a study of what can be produced and what can compensate deficiency import through the coordination of the Ministry of Commerce on the one hand and the rest of the ministries on the other hand , the fact that the Commerce Department agency responsible for granting import licenses. He called to pay attention to the issue ofIraqi exports from the private sector being the products reflect the country 's industrial capabilities to restore economic status between the countries of the region. He Baidhani that there are problems Taatari activating the private sector production and pumping industry to markets should be speeded up to put an end to them, stressing that Iraq 'sindustry can compete with imported provided that some government support.
He pointed out the need to ease restrictions on the products that are made by theprivate sector , which can be exported some of them, noting that the private sector is still constrained by several factors the most important of his lack of unequal competition with imported bad.
He pointed to the need to pay attention to the domestic industry, development and attribution legislation contribute to its return to the Iraqi export market which would bereflected in the future on the trade balance , which suffers an imbalance for several years.
He Baidhani that attention exports of the private sector of raw materials produced locally would revive the economy through the revitalization of bilateral trade , thus contributing greatly to modify the balance of trade to Iraq.
He noted that the Ministry of Commerce has identified substances that the private sector can be exported along with other items banned from export, pointing out that there are207 different materials can be exported in exchange for 73 items banned from export by the private sector as serving the local industry and internal economy.
the advantage of Iraq 's quality of raw materials used in industry ores being derived from the soil quality and the atmosphere and other weather factors that contributed to that country enjoys this property that may lacking in industrialized countries in the world.
Baidhani expressed the hope that coincide with government reforms that began months ago , the campaign, noting that the private sector has the ability to keep pace withindustrial development faster being has the freedom to move his money movement away from the bureaucracy, as well as he It is characterized by its ability to multiply its potential productivity if they had the right conditions.[/rtl]
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