09/20/2012 12:00 am
Baghdad Isra al-Samarrai said the Ministry of Commerce existence commercial laws will be amended and changed by new laws, most notably the law of investment and tariffs, as they relate to all the joints of economic life and service in the country.
announced that director of registration of companies in the ministry Ferial Akram Abdullah, set out in a statement to ( Center Brief for the Iraqi Media Network), “The Ministry will launch the new laws to parliament, including the Investment Law and the Law on Customs Tariff and agencies Registration for companies and commercial agencies and system trade names (CR), in addition to the Law on the Protection product business.”
and added that “some of the These laws require amendments to conform with the volume of trade in the country, “asserting that the ministry” is seeking to amend the investment law as being associated with the rise of the country in the areas of health, education, industry, construction and housing, “according to the expression.
noted Abdullah that” the registrar of companies prepared legally investment facilitates the work international companies invested Unlike the previous law, “noting that” the draft law put on the State Council and the Ministry currently awaiting approval to be put to parliament for approval. “revealed Director of the Department for the” new law includes changes to ensure upgrading of the economy of Iraq and make it in the ranks developed countries, “emphasizing the importance of” economic reform stems from a strategic look away from the bureaucracy. “