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Saturday, December 19, 2015

BLC Admin Tlm724 News & Comments 12-18-15

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BLC Admin Tlm724 News & Comments 12-18-15


Parliamentary Economy: behind the political views of the reluctance of investment projects

19/12/2015 11:18 |Direction Press
 
Attributed to the economic and investment commission member of the parliamentary Kadhim Jawad, on Saturday, the reason for the reluctance of investment projects to political parties working on this waste of money.
 
Jawad said in a press statement that "most of the projects lagging caused by the political parties wasted a lot of money, so we called for activating the investment law for the protection of local and international companies and encourage them to come to Iraq, '' calling on the government to promote the need for this law."
 
He said Jawad, said that "the loan borrowed from the World Bank Iraq worth one billion and 200 million dollars will improve the economic situation in the country after that do investment, which plays an important role in the implementation of projects lagging law."
The World Bank announced its approval of the grant Iraq a loan of one billion and 200 million dollars to help Baghdad in controlling public finances and improve the efficiency of the energy sector and offset the decline in oil prices and the escalating costs of security conditions.  

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 [tlm724] so we called for activating the investment law for the protection of local and international companies and encourage them to come to Iraq,
 
[tlm724] "the loan borrowed from the World Bank Iraq worth one billion and 200 million dollars will improve the economic situation in the country after that do investment, which plays an important role in the implementation of projects lagging law."
 
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Parliamentary Economy: We are working to amend the legal agencies and commercial companies  Economy and Tenders

Since 12.19.2015 at 12:04 (GMT Baghdad)
 
Special - scales News  - He stressed the economic and investment commission in Parliament member Ahmed Kanani, Saturday, that the Commission will work to amend the registration of the Companies Act, stressing the need for companies to register the names of Iraqis or owner exclusively Iraqi shares (51%).
 
He said Kanani's / scales News /, said that "the economic and investment commission in Parliament is currently working on a law amending the commercial agencies belonging to the Ministry of Trade Act, and amend the registration of the Companies Act," pointing out that "these laws have a direct contact with the citizens and the private sector to raise the economic level." .
 
He added, "The committee does not want to rely on oil to balance basis as a source, but you want to be the evolution of economic activity and commercial agencies in the country," adding that "it is necessary that the commercial agent of the company Iraqi be exclusively and may not be of any other nationality."  
He pointed out that "commercial agent for Samsonk in Iraq foreigner, while may not be accompanied by a foreign company,"

​stressing "the need to be the owner of the company Iraqi exclusively or owner of the company Iraqi shares of 51% and shared foreign shares of 49%," explaining that " Iraqi citizen can not take the agency in any other country, so we are working to give Iraqi companies value against other companies and thus benefit the Iraqis, "./ ended 29 n / 10     
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 [tlm724] "the economic and investment commission in Parliament is currently working on a law amending the commercial agencies belonging to the Ministry of Trade Act, and amend the registration of the Companies Act," pointing out that "these laws have a direct contact with the citizens and the private sector to raise the economic level." .
 
[tlm724] all part of the plan ^^^ raise the level of the private sector and make it legal !
 
[tlm724] " Iraqi citizen can not take the agency in any other country, so we are working to give Iraqi companies value against other companies and thus benefit the Iraqis, "

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