November 2, 2015 0
The head of the board of Baghdad Investment Sami al-Araji, Monday, offer many guarantees to open the door for investment in Iraq.
He said in a press statement on Monday that "the investment law initiated in order to attract foreign investments to Iraq, the second amendment to the law granting privileges large national and foreign sector to shift from centralized economies to unilateral market economy."
He added, "We have brought a lot of guarantees and privileges to investors, which is the beginning of a real renaissance for real and went to the economics of the Iraqi market."
He noted "the existence of a genuine reform of the Iraqi economy in the next stage, especially after the introduction of investment law; for we can not just keep the current situation, the subject of our economy on Maaotina of oil and this is not true, note that we have a great potential in the country and sectors of the wide possible to generate treasury resources and thus we have the opportunity to rely on sources other than oil in the country's development and the process of work. "
The House of Representatives voted in its usual thirty-second session, which was held in the 27th of the month of October last, the amendment of the Investment Law No. 13 of 2006.
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