Investing: Salvation "Chapter VII" Gateway to the global economy

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Post 24 June / June 2013 12:33[/ltr]
[ltr] BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - National Investment Commission confirmed on Monday that Iraq soon after his release from Chapter VII will be directed towards the international economy and the development of the banking system, which gives reassurances international companies to enter the Iraqi investment markets.[/ltr]


[ltr]The head of the national investment Sami al-Araji's (IMN) said that "out of Chapter VII of the basics of the advancement of the Iraqi economy and take it out of the regional market to the global market after facilitate the tasks of Iraqi banks and opening up to the banks the world and facilitate the opening letters of credit needed by companies and foreign investors."[/ltr]


[ltr]He said al-Araji, that "Chapter VII Jtma on the chest of the Iraqi economy a quarter of Kara of deprivation and the embargo on all imports of economic Therefore we are out of it represents the emergence of a new vision of the economy open to bring in heads of funds and financial and banking institutions for the transformation of banking transactions more convenient and closer to global standard."[/ltr]


[ltr]And that "the Iraqi axes big role for a game of bargaining persuade Aljhah to honestly implement the decisions of international and internationalism during the long years and this is what will open to us as an investment and national doors global economy with ease."[/ltr]


[ltr]It is expected to vote on the Security Council to remove Iraq from Chapter VII on June 27 after the current Iraq's commitment to the implementation of all UN resolutions.[/ltr]








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