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Participatory twinning with emerging economies

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 Participatory twinning with emerging economies Empty Participatory twinning with emerging economies

Post  Admin Sun Feb 15, 2015 6:20 am

2/15/2015 0:00

Guaranteed investment requirements
 BAGHDAD - Hussein Tgb

Investment axis represents the starting point for the process of economic development in the country, and to overcome the determinants of the discharge is one of the most important requirements for the next phase, according to the First International Investment Conference, which recently came out with recommendations systems and emphasizes the need for real investment in the light of the current situation experienced by the country.

Economist Hassan al-Asadi said the current situation experienced by the country requires that we have a development investment program successful by all standards, pointing out that this proposal we put forward at the first International Conference on investment in order contained recommendations addressing the problems that accompanied the investment process over the past years, as well as discuss research papers several.


Committee General

He suggested the formation of a standing committee of General Conference, taking into account all the proposed interventions and research papers presented at the conference and studied by specialized experts from within or outside the Secretariat and accurately into a closer, neutral and Tmahsa and evaluate each proposal and develop mechanisms to apply.

He pointed to the indispensability that the government is committed to the implementation of the recommendations submitted proposals from the conference does not harm the participation of a representative specialized ministries such as planning, oil, industry, agriculture, housing and construction, municipalities and any other Ministry in evaluating these proposals to be submitted to the Council of Ministers to contribute opinion and perception of relevant ministry.

He said that the timeframe for the implementation of these proposals and follow-up not to exceed six months at the latest with the monthly meetings or bi-monthly in the Secretariat of the Conference of the follow-up and evaluation mode.

He pointed to the importance that holds the General Secretariat of the Conference to identify laws and regulations relating to the economy and are

General and investment in particular and legal committee of the Ministry of Justice supported by experts with the jurisdiction of the form to amend such laws and legislation that set them a time limit not exceeding six months to deal with the bi-monthly follow-up on the part of the Secretariat.




Evaluation of the results

Asadi between the importance that the General Secretariat to convene a second conference similar to this conference during the month of June or July next mission to assess the results and follow-up check of ideas, observations and amend laws and check them out in practice to see if we are serious in achieving our visions and our perceptions and our ideas in the fields at hand, especially in the investment or that our conferences are for information purposes and evasion, Aj and political propaganda

He pointed out that Iraq lived in isolation from the world for more than 30 years and moved away from dealing with global economies at a time when the world has witnessed major shifts Iraq did not touch her or benefited so far did not integrate with the global economy.

 Pointing to the importance that the Iraqi government through its experts in the economy develop accurate strategic mechanisms and setting priorities in order to build an effective and important economic partner in the region.

Asadi said: for this task to be working directions several in the forefront of the work seriously and engage in detailed negotiations to work twinning is involved with emerging economies and in specific areas, but not with China in the industry and work to secure the investment structure encouraged the Chinese to expand in the areas of investment, for example, direct or joint investment with the state or with a government guarantee of the private sector.


He explained that this is true for twinning with South Korea and with the European countries wishing to invest in Iraq, and work to expand and activate strategic agreements with the United States, especially in the oil industry and petrochemical industries complementary thereto.


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