Iraq has become a repulsive environment for investment

Finance Committee: Iraq has become a repulsive environment for investment to the lack of stability and security laws supportive

24-09-2013 07:35 AM

Iraq has become a repulsive environment for investment Baghdad (news) .. Warned a member of the Finance Committee MP / coalition of Kurdish blocs / Dler capable, of the continuing deterioration of the security situation in the country because it will affect the work of foreign companies, the few that operate in the country. said is capable (of the Agency news): The global companies are usually looking for two things for the purpose of investment namely security and profitability, noting that the factor of security in the country virtually non-existent because of the bombings repeated assassinations and indiscriminate threats, these are all sending messages is reassuring to companies foreign investment. added: that Iraq has become an environment repulsive to invest for the lack of restoration of integrated security and the absence of a suitable environment for laws, In the event of continued deterioration of the security situation will affect the presence of foreign companies, few are currently operating in the country as well as the advent of international companies and foreign investors to work and invest in the country. pointed to: that the investment process in the country is witnessing a decline continues, where that investment is now centered in the oil sector that where many guaranteed profits to the international companies, while other sectors lacking investment. / End

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