National Investment Commission will hold a workshop to promote economic development in Iraq

02/03/2014 15:29


Sami al-Araji: Workshop come to discuss and assess the experience of economic cooperation between Iraq and the organization in general and the National Investment Commission in particular


BAGHDAD / obelisk was held the National Investment Commission, for on Sunday and Monday, in cooperation with the investment program in the Middle East and North Africa, the Organization for Economic Cooperation and Development (OECD), and a workshop to discuss policy aimed at promoting economic development in Iraq.

The head of the National Commission, Sami al-Araji, "The workshop comes to discuss and assess the experience of economic cooperation between the Organization and Iraq in general and the National Investment Commission in particular, and are summarized in three main axes first is how to choose the areas of investment and how to attract investment to these areas, starting from the legislative side and down to the so-called file investment to help investors choose the appropriate area in the whole of Iraq in various disciplines aimed at technology transfer and assistance in the development of the economy. "

"The second axis represents the process of attracting private investment for infrastructure projects, the different types, including residential, while representing the third axis by creating a legal environment to create partnerships between the private sector, foreign and national levels with the Iraqi public sector to engage in infrastructure projects, touching the future relationship of bilateral cooperation between the Commission The mechanics of the organization and implementation of common goals to achieve comprehensive development in the country.

He thanked the president of the National Investment Commission and the U.S. State Department and the U.S. Embassy in Baghdad to assist in the financing of the program of work (OECD) also welcomed the willingness of the state to enter Sweden in the financing of these projects in the future.

For his part, Chairman of the Committee on Economy and Investment parliamentary Mohammed Salman al-Saadi, "The House of Representatives is working on legislation and amend the laws relating to the development of economic work in the country, its aspects multi including financial, commercial and industrial, in addition to finding a legislative environment attractive to the major investments for the advancement of the Iraqi economy and make it Bmsaf counterparts countries in the region ".

For his part, Abdul Aziz Xuan in a speech on behalf of the Deputy Prime Minister Ruz Nuri Shaways that "the establishment of these workshops contribute to the discussion of the most important steps that must be taken in the way of economic reform," noting that "the work of an organization as large (OECD) comes from the conviction among international experts that Iraq can achieve the goals of economic development, which is looking forward to it and which is clearly confirmed by the National Development Plan in Iraq for the years 2013 - 2017, and it announced a few days ago to achieve a growth rate of GDP at a rate (9%) confirms this. "

Between the head of the advisers Thamer Ghadban said that "the government is working with international organizations, the UN and the United States and the European Union on economic reform in Iraq and the promise of reform of the public sector companies and the development of the private sector and create legislation encouraging and attracting investment capital, according to the Iraqi constitution," noting "This cooperation has resulted in projects and drafts of laws and the formation of specialized committees to implement those reforms and overcome the obstacles that stand in the imam."

For its part, expressed Robin Mateuman economic adviser at the U.S. embassy in Baghdad, thanks to the major role played by the National Commission for Investment in the development of economic relations between the two countries on the basis of common interests, adding that "this workshop comes as part of a series of workshops and seminars held by the Embassy to support the Iraqi economy belief them that this economy will have an important role at the global level. "

And across Andersen anise Program Coordinator (OECD) in Iraq, expressed his thanks and appreciation for the fruitful cooperation between the National Investment Commission and the organization, noting that "the organization is ready to continue cooperation in many areas for economic development in Iraq."

It should be noted that the workshop lasted over two consecutive days offered through a number of research for the development of administrative work and legal, have also seen our investment areas and mechanisms constructed in accordance with the Investment Law No. 13 of 2006, as amended, was done with the participation of various ministries including Industry Metal and planning of Construction and Housing and Finance.


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