MP calls for Maliki to speed up activating the new investment law
The member of the Committee on Economy and Investment parliamentary Abdul Salam al-Maliki Iraqi government to speed up activating the new investment law.
He said in a press statement received news agency Baghdad International / WAP / Saturday copy of “The Law Alastosmaraljdid included more than 70 material is very important that achieve advanced economy and quality in line with global conditions and development.”
“The law will remove all previous obstacles in business investment and working to unify the efforts Alasosmaria and gain acceptance of everyone after he got a quorum in full Parliament was voting on the approval and send it to the government, but what we see that the law is not activated until today.”
He explained: “The law also will remove a lot of distortions that Sapt Iraqi economy and reduce to a great extent of financial and administrative corruption in addition to that it would give greater opportunities for foreign companies investing in order to enter Iraq and work by reducing red tape and procedures Altaqidah and constraints that make such companies alienated for the Iraqi arena. “
He said al-Maliki “The new investment law falls within the reform process taking place in Iraq through mutual understandings between all political parties can be considered as activation of this law is the key to any reform effort.”