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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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    Iraq joins the membership of an Islamic institution for investment insurance

    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19

    Iraq joins the membership of an Islamic institution for investment insurance Empty Iraq joins the membership of an Islamic institution for investment insurance

    Post by Hkp1 Thu 13 Jun 2013, 6:56 pm

    Iraq joins the membership of an Islamic institution for investment insurance


    June 13, 2013 03: 04 pm

    Iraq's accession to the organizations and financial and economic blocs are important for the economy of the country, and in that regard stressed the economic importance of subsidiaries in regard Iraq's accession to the financial institutions and banking organizations and regional Arabic its impact on economic relations between the Member States, at the same time, advisers to the importance of studying the subject of accession and relevant sectors to develop and update their capacity and keep pace with global progress.

    The CBI had earlier announced the Government's approval on Iraq's accession to membership of the Islamic Corporation for insurance of investment and export credit, returned the resolution will contribute to increased Iraqi exports and inflow of foreign investment.

    In a statement, said that the Government had approved the accession to membership of the Islamic Corporation for insurance of investment and export credit (Enterprise) ", noting that" the institution agreed to accept Iraq.

    He added that the decision would contribute to increased Iraqi exports and inflow of foreign investment, as well as investment protection in the Member States of the organization.

    In contrast the economic earthquake, said Mona: the subject of accession for any gathering or an Arab financial and banking conglomerate, regional must start with ready for evolution includes a series of reforms to work contexts that may hinder investment, notably reform of the banking system.

    In a statement to (morning): that any accession must be studied carefully because the study would develop the capabilities of the economic sectors, notably banks.

    An earthquake stressed that economic sectors must evolve because they represent real investment portal and early access to the Iraqi market, bring should be seriously and desire exist.

    She expressed the hope that this will not be a formal Protocol and hookups for it in this case don't benefit the Iraqi economy on something while implementation of preparations for accession would increase the efficiency of the country's economy through the exchange of experiences and consolidate the economic and trade relations between Iraq and the rest of the States located in these clusters or groups.

    Economic expert confirmed that Iraq's accession smeisim peace for regional economic and financial organizations would support the financial and banking sector.

    The (morning) that Iraq needed to keep pace with international developments in banking and money transmission speed between the countries of the world, through agreements with Arab economic organizations.

    The world viewed Iraq as a promising investment market it needs to develop the banking sector to facilitate the transfer of funds to and from the country and the Islamic Corporation for insurance of investment and export credit was established in August 1994 and comprises 39 Muslim country except Iraq, aiming to expand trade and encourage the flow of investments between the Member States in accordance with the Islamic Shariah.



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