Date: Monday, 18-06-2012 02: 06 pm
Baghdad (newsletter) … Proposed member of the Finance Committee, the National Alliance Deputy//Amin Abbas, amending the law on investment formula allows to create specialized intermediate banks for investment guarantee investor rights and the beneficiary country.
He said Abbas (News Agency news) Monday: amend the investment has become an urgent necessity to bypass routines prohibitive investment in licensing, ease of granting land to investors to boost investment forward.
Noted: the banking system is one of the constraints suffered by the investor when you come because they don’t give it flexibility in the process of granting bank guarantees, stressing the importance of establishing specialized banks to investment banks that serve as intermediate between investor and beneficiary to ensure the rights of both parties
