Economists: the withdrawal of U.S. troops will not support investment in Iraq
25/11/2011 13:23
Baghdad, November 25 (Rn) - A number of economists that the withdrawal of U.S. troops will not support the implementation of investment projects in Iraq, stressing the need for Iraq to make changes to the investment law.
He said economic expert and director of the Center on the Iraqi market Ke Ji told the Kurdish news agency (Rn) that "the U.S. withdrawal from Iraq will not affect the subject of the entry of investment projects to the country."
"The problem of attracting international companies to work in Iraq concerning the legal and administrative procedures for the registration of international companies to work in Iraq," noting that U.S. forces "did not interfere with projects Iraq since formed the former Iraqi government, where he became the investment portfolio, however, Baghdad."
For his part, economist and member of the Iraqi Organization for Economic Studies Baha Kazim that "preliminary estimates indicate that more than 35 international companies operating in Iraq."
He added that "these companies do not work alone, but working through the branches of an Iraqi and that is why delay the implementation of investment projects in the country," noting that the Iraqi government needs "to make real reforms to the investment law of 2006 contributed to attracting international companies in the country."
He explained that the call by some ministries to direct international companies for Astosmarles real solution to the global spread of foreign companies in Iraq.
For his part, economist and former adviser in the Ministry of Planning Ali Majid said "to talk about the U.S. role in the process of development of investment projects is not true because the problem of investment law and the jurisprudence of the work of Iraq."
He explained that the Ministry of Planning and Investment Authority for repacking must consider a lot of the paragraphs of the investment law to he the only one who's holding companies to attract investment in the event of the amendment to Article 2, paragraph b of the law relating to investment ownership of lands. "
The Iraqi and Zeraltkhtit Ali Shukri said Thursday, that the withdrawal of U.S. troops from the country will contribute to attracting international companies and the adoption of the budget next year, "The exit of the occupiers will support the budget in 2012 in the implementation of investment projects."
According to the agreement signed between Baghdad and Washington in 2008, the U.S. forces Stagadralarac in December next.
The 2012 budget of about 130 trillion Iraqi dinars.
Analysts expect the country to witness the events of violence in an effort to destabilize the security which is often concerned about the international companies working in the country. He thanks "There are dozens of companies world-renowned contacted the Ministry of Planning and expressed a desire to work in Iraq."
Iraq relies on oil revenues to finance about 95% of the annual budget.
25/11/2011 13:23
Baghdad, November 25 (Rn) - A number of economists that the withdrawal of U.S. troops will not support the implementation of investment projects in Iraq, stressing the need for Iraq to make changes to the investment law.
He said economic expert and director of the Center on the Iraqi market Ke Ji told the Kurdish news agency (Rn) that "the U.S. withdrawal from Iraq will not affect the subject of the entry of investment projects to the country."
"The problem of attracting international companies to work in Iraq concerning the legal and administrative procedures for the registration of international companies to work in Iraq," noting that U.S. forces "did not interfere with projects Iraq since formed the former Iraqi government, where he became the investment portfolio, however, Baghdad."
For his part, economist and member of the Iraqi Organization for Economic Studies Baha Kazim that "preliminary estimates indicate that more than 35 international companies operating in Iraq."
He added that "these companies do not work alone, but working through the branches of an Iraqi and that is why delay the implementation of investment projects in the country," noting that the Iraqi government needs "to make real reforms to the investment law of 2006 contributed to attracting international companies in the country."
He explained that the call by some ministries to direct international companies for Astosmarles real solution to the global spread of foreign companies in Iraq.
For his part, economist and former adviser in the Ministry of Planning Ali Majid said "to talk about the U.S. role in the process of development of investment projects is not true because the problem of investment law and the jurisprudence of the work of Iraq."
He explained that the Ministry of Planning and Investment Authority for repacking must consider a lot of the paragraphs of the investment law to he the only one who's holding companies to attract investment in the event of the amendment to Article 2, paragraph b of the law relating to investment ownership of lands. "
The Iraqi and Zeraltkhtit Ali Shukri said Thursday, that the withdrawal of U.S. troops from the country will contribute to attracting international companies and the adoption of the budget next year, "The exit of the occupiers will support the budget in 2012 in the implementation of investment projects."
According to the agreement signed between Baghdad and Washington in 2008, the U.S. forces Stagadralarac in December next.
The 2012 budget of about 130 trillion Iraqi dinars.
Analysts expect the country to witness the events of violence in an effort to destabilize the security which is often concerned about the international companies working in the country. He thanks "There are dozens of companies world-renowned contacted the Ministry of Planning and expressed a desire to work in Iraq."
Iraq relies on oil revenues to finance about 95% of the annual budget.