Maliki's coalition government says Abadi future changes "extensive" investment law
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Maliki's coalition government says Abadi future changes "extensive" investment law
Thu, December 11 1 / December 2014 10:18
Twilight News / announced member of a coalition of state law, the Attorney Rubaie, the determination of the current Iraqi government headed by Haider Abadi, a large-scale changes in investment and structuring investment Institutions Act, to encourage foreign investors to invest in the country.
Rubaie said in a statement, reported for "Twilight News", and he made after the end of the meeting, "foreign investors in Iraq, which was held in the Emirate of Dubai, yesterday Wednesday, that "Iraq is a fertile ground for investment, and foreign investors can grow their investments for the privileged."
He pointed out that "the new government, which was formed recently, trying to find a political, security and economic reforms, as well as the fight against corruption through practical mechanisms, including subsidized could be adopted in the amendment of the Investment Act and encourage investors."
He called at the same time investors, to "not to believe some foreign media and Arabic, which is trying to undermine Iraq through the distortion of the image transparent," adding that he "submitted a request to the investors, inviting them to visit Iraq, and see the true reality of the size of the possibility of investing in Iraq ".
For their part, according to the statement "Investors are promised to consider this request seriously."
The General Secretariat of the Council of Ministers has urged the middle of last month, the Iraqi parliament on legislation, a number of laws, including the exemption of Iraqi and foreign companies implementing investment projects from taxes and fees, and embedding.
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