Iraqi Businessmen Union provides recommendations for activating the private sector for the next government

05/17/2014

Faris Al-Shammari

Continue Businessmen Union calls for the legislature and the executive to adopt the proposals and recommendations that came out through a dialogue between the public and private sectors and organized over four months ago with the participation of experts and officials from the public, mixed and private sectors and in collaboration with the Center for International Private Enterprise .. After a series of meetings and dialogues to stimulate the development of the Iraqi economy and the banking system and the prosecution of the requirements of development, investment and rehabilitation of Iraq's Andham the World Trade Organization.

* The Union looks forward as a professional economical because taking those recommendations practicality of Capricorn in order to get Iraq out of the recession to start to suit the capabilities of the country's financial, human and natural energy in the international community .. and this trend is playing the media and all the means available because the lead role in Taibh public opinion and During the opinions of experts and scholars in economic affairs because the deal executive and legislative institutions and parliamentary committees in the field of economy, finance and investment, dealing professionally with the vocabulary and the goals of the recommendations that came out of specialists in economic affairs and for the mobilization of efforts in both the public and private sectors to form a national partnership is able to build a home Botaúr serious and fast meet the aspiration of the people in the development and prosperity .....

* He said the final statement of the Union that it is practical ways to make these efforts as well as the efforts of the rest of the actors, because to be effective in practice .. it we call that there is a direct encounter League and serious between private sector institutions with officials at the Council of Ministers and the House of Representatives for the purpose of determining the precedents apply the recommendations and procedures required and the timing of time and the body that implements all of them ...

Platform for the private sector to the next government

* About this side spoke to the newspaper (Union), Mr. Reza Ragheb Blibl president of the Federation of Iraqi businessmen, he said: - recent meetings held an add to the concerns and aspirations of the private sector and its role in the economic process, and we went out of its recommendations and ideas represent the viewpoint of the private sector and its role with the government coming as a platform after the formation of the government in the midst of transition and we consider a roadmap for the government's guidelines for the current phase and future .. as well as the post economic committees in the House of Representatives next draw a clearer picture in the direction of joint action with the economic challenges facing the sector and adds Blibl .. this contribution Iraq will spare the problems afflicting nowadays .. This Mantmah him as a private sector has suffered from marginalization for decades, so we believe that our efforts will continue with all government institutions as if they were applying those insights and recommendations and adopt a platform for the next stage ..

Recommendations revitalize the Iraqi economy

* Resulted in the activities of the first seminar, which was held in a hotel in Baghdad on 12/18/2013 for a number of recommendations by the presence of the participation of experts and officials from the government and private sectors and announced here is a vision of the private sector to actively participate with the state ministries and institutions to advance economic development through counseling and the development of institutional and other departments .. *

Here shows the most prominent Helms recommendations of this seminar, Dr. Abdul Muti pumice Chancellor of the Federation of businessmen said: - Let the formation of economic council of economic policy of the country in the sectors of industry, agriculture, construction, tourism and services with the contribution of private sector representatives in the membership of the proposed council .. with confirmation of participation of representatives of the sector your membership active in the bodies of opinion in all ministries .. Among the recommendations is also .. use policy tax to encourage domestic production, including granting holiday tax for at least five (5) years with the improvement of audit procedures and settling accounts tax transparency, speed and call for the formation of the small and medium enterprises linked to the Council of Ministers to give special attention to the start of operation and concessional financing for such projects .. The recommendations called to take the necessary measures to support and facilitate the procedures for export through the Export Support Fund ..

As well as the organization of the import process to ensure the quality and the actual need so as to ensure the protection of the domestic product, consumer protection, anti-dumping and commodity price and application of the law of customs tariff on goods competition for local production and activating the role of the Central Agency for measuring and quality control.
For the purpose of elimination of red tape indicates pumice ..

Within important recommendations call Cabinet to form a body of administrative reform for the development of institutional management and selection of cadres efficient and eliminate red tape and to achieve transparency and integrity .. With accelerate the formation of a coordinating body higher among private sector organizations to unite opinion and decision-making and follow-up implementation .. She recommendation of the importance of the adoption of the principle of dealing with companies Iraqi hostage and experienced exclusively to achieve high-quality work and to encourage partnerships between Iraqi and foreign companies on the basis of the Investment Company Act of 2006, as amended ..

This is the importance of expediting the implementation of development programs and infrastructure, especially electricity, ports, airports and railway and the establishment of industrial zones and economic development and the provision of integrated services her at subsidized prices.

Sophisticated banking system

The seminar banking system and the market economy, which was held on 21.01.2014 has emerged recommendations aimed banking system developed seeks for Development and Investment Among the most prominent recommendations .. call for the establishment of the Bank of developmental supportive of the industrial sector and other productive sectors with the use of the principles of rational in Business Administration ..

The call to amend the Banking Act No. 94 of 2004, especially articles 27 and 28 to make way for the banks to private sector participation direct investment in all projects, production and service and noted the recommendations also need to facilitate the procedures for the granting of loans by the banks with the right to monitor the spending in the right direction and the acceptance of ensuring the machinery, equipment and book stocks and the development of a reference book in lieu of foreclosure in order to guarantee the loans and not to deduct the commander of the loan amount in advance. well as non-discrimination between the government and private banks in government transactions with the private sector ..

And also invited to give an additional loan of industrial projects to cope with the problems of rising prices of raw materials, equipment and renovation of facilities granted to lenders to meet Reload guarantees provided to the bank ..

Iraq's accession to the World Trade Organization

On this side of the participants in this symposium called held by the Union with the participation of experts and officials from both the public and private sectors and came out with four recommendations, including: -

Implementation of strategic development and national inclusive of the Iraqi economy in all sectors in order to create the necessary conditions to join the organization with interest the legislative aspects and practical rules and review all relevant legislation to join the organization and align them with the requirements of the terms of the organization to support and called for recommendations to support and develop the capacity of the Iraqi team negotiator young and the measures required to ensure the benefit of joining the interests of Iraq's present and future and take advantage of the Angels who participated in the negotiation of the former and in consultation continuing to team with private sector institutions. has also been an emphasis on revitalization of post insurance sector and develop its capacity to exercise his part of the conditions of accession to the WTO.

Legal Seminar for WTO accession

In the context of the pursuit of Iraq as to create legal obligations for joining the World Trade Organization, the Ministry of Commerce and through the Department of Foreign Economic Relations organized a seminar Trade Organization and conventions held at the Institute for the development of judicial presence of the judge Amir al-Shammari and a number of judges, prosecutors and staff .. and the objectives of the seminar, said the Director of the Department of WTO Mr. Tharwat Akram Salman said: -

The aim is to clarify the legal aspects of the organization in its organizational structure and conventions and About its history, functions and aspects of the technical and economic effects and implications of the growth in the economies of member states.

Salman said .. that understanding the legal sense will be the foundation upon which to build upon all the obligations of Iraq future in the case of joining the Organization of the fact that all files to be completed by Iraq of file trade in goods and file trade in services and file intellectual property and file legislation depends entirely on the legislation Iraqi laws in force which must be compatible with the WTO agreements.


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