Finance Committee: can not expand without encouraging foreign investment regulates the work of foreign banks

24/08/2013 12:00 | views: 15



Baghdad / Source News / .. A member of the Finance Committee MP Shoresh Mustafa, Saturday, that the multiplicity of the existence of banks and foreign banks discreet is important and the Government to provide the necessary facilities to these banks because their presence would serve foreign investment and can not be state-of-expansion of foreign investment without the presence of foreign banks discreet in Iraq.

Said Mustafa Agency / Source News /, that "any expansion of foreign investment should be offset by an expansion in open multiple branches of banks and foreign banks with a staid reputation and the government to move on and encourage international banks to open branches in Iraq"

He pointed out that "like so banks will contribute to the increase in the price of the Iraqi dinar against foreign currency, in addition to their presence will revive two economic and banking activities in Iraq."

The many international banks large see that Iraq states economically important and he kissed the presence of many foreign companies to invest in it and these companies need to deal with foreign banks sober, and that the Iraqi government has shown to provide the necessary facilities for the work of foreign banks wishing to open branches in Iraq. Finished / 19 / N


http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://l-news.net/index.php/economy/21427.html&usg=ALkJrhgQkHLp17Qz6xG8ctOUGcz0r7S8Yw