Hassan Auzmn: the creation of free economic zones will reduce the prices of imported goods and materials

19-01-2013 | (Voice of Iraq) - Add a comment -
Baghdad (news)

A member of the Finance Committee MP for the coalition in Iraq Hassan Salman Auzmn, the importance of the establishment of free economic zones for commercial exchanges, both within cities or at border crossing points because it will reduce the price of imported materials and goods from abroad.

And said Auzmn (for the Agency news): You must move towards the creation of free economic zones in all Iraqi provinces, in addition to the border areas with neighboring countries because it will reduce the cost of transporting goods and thus will reduce the price in the domestic market.

He added: There local and foreign companies have investment cravings free economic zones on the joint border crossings with Iraq's neighbors, especially Iran and Jordan.

It was founded General Authority for Free Zones Iraqi under Law No. (3) for the year 1998 for the purpose of keeping up with global developments of increasing interdependence in international economic relations in the framework of economic freedom and to isolate these developments for the march of the Iraqi economy and privacy and boost socio-economic development forward by attract National Heads money and foreign and the establishment of industrial projects that use cutting-edge technology and are currently three free zones belonging to the body is (Nineveh, Khor Al-Zubair, based).

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