21/11/2011Mutlag asserts importance of protecting, increasing guarantees to investors
Baghdad, Deputy Prime Minister, Salih Al Mutlag, stressed necessity of opening doors in front of investors and businessmen in order to achieve exchanged interest and activate national economy.
He said, during attending Investing Gathering today in the National Investing Commission, “Iraq today faces the activating and encouraging investment mission in different domains and to upgrade the private sector in addition to exploit all human and natural resources in health, education, housing, agriculture, electricity, and environment domains.”
He pointed out that establishing the Investing Commission and the important amendments that the government made on the investment law reflects the keenness on opening doors to investors.
“The legal amendments on the investing law provided additional benefits to the investors like the tax exemption, freedom of transactions, benefits, hiring foreign laborers, and non confiscation or nationalization of projects, a thing that provided additional protection to investment in Iraq,” Mutlag concluded.
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