##### MP Khalil Mahma: - UN sanctions behind the decline in non-Iraqi purchases of shares in the stock market

Tuesday, 07 May / June 2013 11:10

{Baghdad Ambassador: News}

Between the decision of the Commission on the economy and investment MP Kurdistan Alliance Mahma Khalil, the reason for the decline of foreign purchases of shares in the Iraqi market for securities to political disputes between the parliamentary blocs and UN sanctions, which are still imposed on Iraq.

Khalil said in a statement received Ambassador News copy of it today: The political climate became a طاردا atmosphere of hard currency and investors, affecting directly the work of the Iraqi market for securities which is a vital artery for the country's economy.

He added: that the drop in non-Iraqi purchases of shares in the stock market due to the political problems that cast بضلالها on the security situation, in addition to the central bank crisis that affected largely on the advent of the investment companies to operate in the country
He continued: as well as UN sanctions imposed on Iraq since the nineties of the last century, which contributed to the prevention of the entry of investors to work in Iraq.


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