Date: Monday, 12/19/2011 14:33
Basra (news) .. Asked the Office of International Trade in Basra, the Council of Ministers approved the establishment of a free zone for the exchanges of commerce and industry on the Iraqi border for the purpose of advancement of the Iraqi economy.
The adviser said the Office of International Trade Tawfiq inhibitor in a statement to the Agency (news) on Monday: we call the Cabinet approval to establish a free zone international exchanges, commercial and industrial land of Iraq and be the focus of a focal production companies in the world to shop their goods out of Iraq because of a major economic turnaround of the country and will be an alternative to oil revenues yearly.
He pointed out: it will cut the prices of goods up (45% to 55%) being the shortened distance and time of arrival of goods to the importing countries. (more…)