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National Investment: amendment of the Investment Law which many privileges to the investor
June 25, 2015In:
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - national investment made it clear that the amendments made by the parliamentary committee on economic investment law would be the great protection for the investor, where required all government agencies and others in collaboration with a balanced way to ensure the right of both parties.
The head of the Investment Authority Sami al-Araji's (IMN) "The amendments put on the investment law, fundamental and important, and if approved shall serve the investment," adding that "amendments are real suffering we found in the field of investment, and therefore they were introduced in the law to ease the suffering of investors and investment bodies in the provinces National Authority for Investment. "
Araji said that "there are many privileges in this Act, including investor protection and care of employees and requiring all government agencies to cooperate with it in a balanced way guarantee the rights of both sides."
The proposals and amendments approved by the parliamentary committees on investment law will be presented early next legislative term, to approve the legislation and approve the most important statement in the amendments, especially in the involvement of 75% of the Iraqi labor in investment projects.
And heavily influenced by investment market in the past two months, due to higher US dollar exchange rates against the Iraqi dinar, but does not remedy the central bank to put the country's real financial crisis.
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June 25, 2015In:
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - national investment made it clear that the amendments made by the parliamentary committee on economic investment law would be the great protection for the investor, where required all government agencies and others in collaboration with a balanced way to ensure the right of both parties.
The head of the Investment Authority Sami al-Araji's (IMN) "The amendments put on the investment law, fundamental and important, and if approved shall serve the investment," adding that "amendments are real suffering we found in the field of investment, and therefore they were introduced in the law to ease the suffering of investors and investment bodies in the provinces National Authority for Investment. "
Araji said that "there are many privileges in this Act, including investor protection and care of employees and requiring all government agencies to cooperate with it in a balanced way guarantee the rights of both sides."
The proposals and amendments approved by the parliamentary committees on investment law will be presented early next legislative term, to approve the legislation and approve the most important statement in the amendments, especially in the involvement of 75% of the Iraqi labor in investment projects.
And heavily influenced by investment market in the past two months, due to higher US dollar exchange rates against the Iraqi dinar, but does not remedy the central bank to put the country's real financial crisis.
[You must be registered and logged in to see this link.]
