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Trade: out of Iraq from Chapter VII will open the way for the entry of large global companies
30/06/2013 - 16:14
Alsumaria News / Baghdad
Ministry of Commerce predicted on Sunday, the entry of large global companies to Iraq after his release from Chapter VII, noting that out of the pain of this chapter free the Iraqi economy.
The trade minister said Khairallah Hassan Babiker in an interview for "Alsumaria News", on the sidelines of a seminar hosted by the Federation of Chambers of Commerce in Baghdad, said that "opening Iraq to the world commercially and economically will be significant through the advent of international companies and foreign investments without fear, as well as global partnerships with the Iraqi private sector companies. "
He added that "Iraq would emerge from Chapter VII free of Iraq's economic dealings with all countries of the world, without exception," noting that "the Iraqi state and the private sector already working within the compulsory cover named Chapter VII."
For his part, President of the Federation of Chambers of Commerce Jaafar al-Hamdani said in an interview for "Alsumaria News", "out of Chapter VII is an opportunity for the Iraqi private sector to open up economies and international companies," explaining that "can of Iraqi companies now have access to agencies exclusive global companies or partnerships with them. "
Hamdani pointed out that "the private sector companies have the opportunity to adopt a partnership with the Iraqi government in the construction and investment," he said, adding that "there are a lot of companies that will be present in the Iraqi market and legal guarantees will work."
The UN Security Council voted on Thursday (June 27, 2013), unanimously approved the decision to remove Iraq from Chapter VII, in the presence of Iraqi Foreign Minister Hoshyar Zebari, after the Council held its meeting to consider amending its decision which was released in 1990 after the invasion of the former regime of Saddam Hussein of Kuwait.
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30/06/2013 - 16:14
Alsumaria News / Baghdad
Ministry of Commerce predicted on Sunday, the entry of large global companies to Iraq after his release from Chapter VII, noting that out of the pain of this chapter free the Iraqi economy.
The trade minister said Khairallah Hassan Babiker in an interview for "Alsumaria News", on the sidelines of a seminar hosted by the Federation of Chambers of Commerce in Baghdad, said that "opening Iraq to the world commercially and economically will be significant through the advent of international companies and foreign investments without fear, as well as global partnerships with the Iraqi private sector companies. "
He added that "Iraq would emerge from Chapter VII free of Iraq's economic dealings with all countries of the world, without exception," noting that "the Iraqi state and the private sector already working within the compulsory cover named Chapter VII."
For his part, President of the Federation of Chambers of Commerce Jaafar al-Hamdani said in an interview for "Alsumaria News", "out of Chapter VII is an opportunity for the Iraqi private sector to open up economies and international companies," explaining that "can of Iraqi companies now have access to agencies exclusive global companies or partnerships with them. "
Hamdani pointed out that "the private sector companies have the opportunity to adopt a partnership with the Iraqi government in the construction and investment," he said, adding that "there are a lot of companies that will be present in the Iraqi market and legal guarantees will work."
The UN Security Council voted on Thursday (June 27, 2013), unanimously approved the decision to remove Iraq from Chapter VII, in the presence of Iraqi Foreign Minister Hoshyar Zebari, after the Council held its meeting to consider amending its decision which was released in 1990 after the invasion of the former regime of Saddam Hussein of Kuwait.
[You must be registered and logged in to see this link.]
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