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National Investment Commission invites businessmen to invest to get American brands

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Called the National Investment Commission, Iraqi businessmen to invest in the opportunity to obtain the franchise rights to the trademarks of America in Iraq.

A statement by the National Commission today, the agency received all of Iraq [where], a copy of it, if the National Investment Commission was held in collaboration with the Commercial Law Development Program in the U.S. Department of Commerce and the U.S. embassy in Baghdad and a workshop at the headquarters of the Authority under the title [development access to franchising in Iraq] as an introduction to the basic concepts of the franchise rights to use the mark, or the name or trading system U.S. and management of that activity in Iraq, the presence of the President of the Sami Raouf al-Araji, and representatives from the Ministries of Foreign Affairs and Trade of America and a number of officials in the body and about [60] a businessman from economic organizations different local represent the Iraqi private sector. "

The President of the Commission presided over the opening session of "the need to see Iraq on the global economic distinct experiences and use them to push the economic process in the country."

He explained that "there are two meetings will be held between the two sides in this regard, and this workshop is the first meeting is dedicated to the discussion of the need for Iraq required to be provided in a series of services, the U.S. and what are the legal and administrative requirements to enter the country's second meeting, it is hoped to be held in the month of March of this year in Baghdad in the presence of the company U.S. donor privileges to meet the Iraqi private sector to contract agreements, where the body will be nominated representatives of the Iraqi private sector who find them efficiency and take responsibility for the representation of names of large international companies and the extent of their commitment to technical and administrative plans in place. "

He called al-Araji, "Iraqi businessmen to invest in the opportunity to obtain the franchise rights for American brands in Iraq optimally, which provides various services for the Iraqi family even up to open a chain of restaurants, shopping malls and international hotels in the whole of Iraq's provinces to achieve the usefulness of each Parties , especially since the market Iraqi market promising to enter the corporate world and the PPC high. "

He added that "the Commission has nominated a number of provinces to enter those brands it as a first step followed by other steps to cover those global brands across Iraq, noting that the nomination is based on the purchasing power of citizens and constituents logistics for each province.

For his part, gave Keith Curtis head of commercial advisors at the U.S. embassy in Baghdad thanks and appreciation to the National Commission for Investment for hosting the workshop, noting that "this workshop comes as part of an action plan developed in coordination with the National Investment Commission and the Department of Foreign Trade and U.S. program to develop commercial laws, and the plan includes three stages, starting in the identification of potential franchisees by the National Investment Commission, followed by the training of the candidates on the basic concepts of privilege and the final phase is the establishment of a study tour that will also equip candidates for the process of negotiating the franchise agreement. "

The workshop had witnessed explain about the benefits of franchising and its economic effects on Iraq from job creation and private sector development and the creation of products and enhanced services with attracting foreign investment future, in addition to explaining how to choose the right brand of the nature of the country and the types of franchising America, including [restaurants, accounting services, sale and services for automotive, medical clinics, pharmacies, hotels, commercial centers and malls and many others, the workshop also saw extensive discussions between lecturers and businessmen included to clarify a number of questions of those present. ended

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