Iraq attract international investments through joint agreements

Posted: August 24, 2013 in Iraqi Dinar/Politics
Tags: , , , , , , ,

24/08/2013 12:00 AM

Morning – Farah pumice after the approval of the draft law on ratification of the Convention on the promotion and protection of investment between Iraq and Japan, described the economic, investment and reconstruction parliamentary voting upon (the Convention) victory for the interest of the country, as it will open horizons in the global investment for the construction of the national economy over the coming years. praised committee member Rep.

Nahida Daini in her statement the “morning” Convention on the Promotion and Protection of Investment between Iraq and Japan, usually it of victory in Iraq, especially as the country’s need for such agreements that open the doors of global investment to build the national economy of Iraq on the basis of correct and this agreement will add to the Iraqi economy status and versatile.

added Daini that “The importance of the Convention for the Iraqi side lies in Japan from industrialized nations large and with the economy good and growing, so Iraq needs to open its doors in accordance with this Convention, noting that it (the agreement) will add to the national economy, the diversity of goods, as well as the diversity of the Iraqi economy, and the entry of international companies sober, including Japanese companies. referred to the House of Representatives had voted on the draft law on ratification of the Convention on the promotion and protection of investment between the Government of the Republic of Iraq and the Government of Japan, according to the provisions of subsection (i) of Article (61) and item (iii) of Article (73) of the Constitution. For his part, expressed committee member Abdul Salam al-Maliki expressed optimism vote of the House of Representatives on the draft law on ratification of the Convention on the promotion and protection of investment between Iraq and Japan.

MP said Maliki in a press statement: “The signing of Iraq to this agreement with the state of the size of Japan will on both sides Bmrdodat positive large, especially that Iraq has plenty of resources and needs a lot of reconstruction and Japanese companies are good companies that can be relied upon in such areas. “

said a member of the committee that “the desire of large countries in the contract so agreements with Iraq, indicating the status of Iraq’s outstanding made it focus countries, especially with the availability of financial resources and needs of the service and reconstruction, noting that Iraq would emerge from Chapter VII has the effect of in encouraging major countries to come to Iraq. aims of the Convention between the two countries to promote economic cooperation and investment promotion and protection and the creation of favorable conditions for investment between Government of the Republic of Iraq and the Government of Japan.

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