Karbala introduce Division of banking credits to facilitate the task of companies

1/20/2014 0:00

Karbala - Ali gesture
Introduced the local government in Karbala Division for documentary credits to facilitate the work of Iraqi companies in import operations and dealing with foreign companies, according to the style of a documentary credit (LC).

The aide said the governor 's financial affairs and services Adel al-Musawi (morning) that the local government and within their quest to facilitate the work of Iraqi companies that deal with international companies in the import operations for projects carried out in the province introduced a special division for Documentary Credits mission is to provide funds for projects in the banking world order for these companies to reduce red tape in import operations , which include in one of them asked international companies to save money and letters of credit to complete import deals ..

He pointed out that this comes after he was removing Iraq from Chapter VII , which allowed Iraq to handle his money and bank credits in the style of a documentary credit (LC) ..

explaining it a new window developed by Karbala to facilitate the work of companies and contractors and investment as well as matters pertaining to import and export for the process to import the ration card items ..

 He pointed out that Iraqi companies were previously working on bringing funds from outside Iraq , something will accelerate the work and reduce the period of achievement and good management of projects as well as saving time and effort .

http://www.alsabaah.iq/ArticleShow.aspx?ID=62429