Iraq’s accession to membership of the Islamic Corporation for the Insurance of Investment will

Economist: Iraq’s accession to membership of the Islamic Corporation for the Insurance of Investment will contribute to attracting foreign investment to the country

10-04-2013 12:25 PM

Islamic Corporation for the Insurance of InvestmentBaghdad (news) .. Said a specialist in economic affairs Ismail Radi, that Iraq’s accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit will increase Iraqi exports and attract international companies to invest in the country. Radi said (of the Agency news): The Islamic Corporation specialized to secure investment and export credit is one of the international institutions that maintain the rights of investors in all countries of the world, as well as it gives great features to attract foreign investment to countries. and added: Iraq to get full membership in this organization will increase its exports of non-oil and attract foreign investment to the country, in addition to investment protection Iraqi member states of the institution , stressing that Iraq’s accession is a positive step towards the development of the national economy. This was announced CBI, for government approval on Iraq’s accession to membership of the Islamic Corporation for the Insurance of Investment and Export Credit, pointing out that the decision will contribute to increased Iraqi exports and the flow of foreign investment. aims Islamic Foundation for the Insurance of Investment and Export Credit, which is located the headquarters of the main center of the institution in the city of Jeddah, Saudi Arabia to expand the framework of commercial transactions and encourage the flow of investments between the Member States in accordance with Islamic law. / end / 8.. /

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