Thursday, April 22, 2010

Elias "The Iraqi government should activate economic agreements ~ cut red tape to attract investment companies for Iraq" ...

22/04/2010

Cut red tape to attract investment companies for Iraq

Baghdad, Economist Iraq on Thursday said that red tape, reducing the attraction of investment companies to Iraq, calling at the same time, the outgoing government to facilitate the entry of these companies, and not follow "the behavior of self" in dealing with them.

Abbas said Elias "Many investment companies are seriously considering the day to get out of Iraq because of the routine practice of the Government in the implementation of investment projects, which sometimes exhaust only the actions of self and style based not on legal or constitutional."

He explained that "the government (outgoing) that the facilities are important to enter the investment companies in Iraq and set a specific legal mechanisms to Atstdm with each other, but will see Iraq immigration of non-spectacular."

Elias added that "the next stage requires a sustained effort to increase the number of investment companies to 458 companies in various fields including energy, construction, services, agriculture, oil and other investment companies, the task in the world."

The Iraqi government has confirmed the earlier offer more than 290 investment companies during the past period in several areas, particularly those related to oil.

The Iraqi government should activate economic agreements

22/04/2010

Baghdad, Iraqi economic expert said on Thursday that the Iraqi government ended their mandates required to do economic agreements signed between them and the countries that have a clear role in the development of energy and the economy.

He told me Kji Kurdistan News (Akaniwz) that "the government ended their mandates more than 304 signed economic agreements with countries and international companies, important and key role in reviving the economic reality in the Middle East."

He pointed out that "the government should activate the agreements with companies and countries own economic agreement with Iran and Turkey on the subject of electricity and water increased imports to Iraq."

He added that "energy development is the mainstay of economic development in Iraq, lost his deal in Iraq in 2008 approximately 21 agreements with important economic and major concern the development of energy and improve the effect the electrical and the security situation improved in 2009, the government struck approximately 120 economic agreement important but all of those agreements concluded by the The government needs to follow suit and check in with the economic needs of the country.

It is noteworthy that Iraq has signed over the past four years many of the important economic agreements aimed at enhancing economic reality in the country.