Posts Tagged ‘Trade’

Parliament warns of Iraq’s accession to the World Trade Organization
Created on Sunday, 02 June / June 2013 08:07 | |

The parliamentary legal committee warned the government [not] to accelerate Iraq’s accession to the World Trade Organization (WTO), stressing the need to hold the legislation supporting the local industry in the base class. (more…)

Screen Shot 2013-05-22 at 11.37.03 AM05/22/2013 09:27
Ministry of Commerce announced that the Minister of Trade Khairallah Hassan Babiker will head the delegation negotiating for Iraq’s accession to the World Trade Organization membership includes representatives from relevant Iraqi ministries and private sector bodies to negotiate with the {159} member state of the WTO, which will be negotiated on files accomplished by Iraq in his career to join this organization.

According to the statement of the Information Office of the Ministry that “Iraq had fought two rounds of negotiations with the World Trade Organization discussed during which many of the files is now going to enter into a round of negotiating a third will be dedicated to file initial offer of goods which has been submitted to the organization after completing accomplished by the Iraqi side.”

(more…)

Screen Shot 2013-05-20 at 8.37.52 AM05/20/2013

BAGHDAD / JD / .. Ministry of Commerce announced for the entry and its minister in the new negotiations on Iraq’s accession to the World Trade Organization.

The ministry said in a statement received / JD / copy of it: that the Minister of Trade Khairallah Hassan Babiker will head the delegation negotiating for Iraq’s accession to the World Trade Organization membership includes representatives from relevant Iraqi ministries and private sector bodies to negotiate with the 159 member states of the WTO.

He explained: the files will be negotiating accomplished by Iraq as part of his career to join this organization. (more…)

Screen Shot 2013-03-04 at 11.21.18 AM

 

Al-Sabah – 05/06/2013 – 12:59

 

with Iraq near economic blocs World by subscribing to the competent international organizations to trade and support the orientations of the transition to a free market,

 

increased calls for specialists and experts to pass laws to help organize institutional work, which still depends legislation old has attributed a researcher at the Economic Affairs reasons for the delay Iraq’s accession to the WTO to fear of developing countries, including Iraq’s foot on the application of the requirements to join leaving a negative impact on the economy and led to cases of recession, unemployment and a shortage of state revenue. (more…)

IRAQ LOOKS FOR WTO MEMBERSHIP
Iraq, February 18, 2013
The President of the International Union of business said that Iraq has elements of economic qualify for joining the World Trade. (more…)

Date: Sunday 03/02/2013 07:56 pm

According to a member of the Committee on the economy and investment MP / National Alliance / Abdulabas Xiaa, that trade in Iraq is the hand of import and export, calling for cancellation of its law and new legislation to regulate the trade in the country. (more…)

Thursday, 20 December, 1/2012
Prime Minister Nuri al-Maliki, Iraq’s desire to develop relations with the EU and to promote cooperation in all fields.

A statement by his office received and all of Iraq [where] a copy of “al-Maliki received his official office today Ambassadors EU countries accredited in Baghdad, and during the meeting, they exchanged views on the relations between Iraq and the EU countries and ways of developing them in all fields, as well as discuss issues region and the crisis in Syria. ” (more…)

The Minister of Trade Khairallah Hassan Babiker, on Wednesday, the need for a new law to regulate trade in Iraq, saying that the old includes several ramifications can not work out.

Said Babiker said in a statement released today, “The Ministry of Commerce has a special program operates according to his plans and vision, a program that works to regulate trade within the country and needs to be law,” stressing that “the old law is no longer relevant because it contains the ramifications can not work in it. ” (more…)

10/10/2012

Russian President Vladimir Putin with Iraqi Prime Minister Nuri al-Maliki talks focused on economic cooperation between Russia and Iraq and reviewed the obstacles to trade.

Russian President Vladimir Putin expressed his wish that removes the Iraqi authorities restrictions impede the work of Russian businessmen in Iraq. (more…)

Deputy Prime Minister Ruz Nuri Shaways that Iraq is seeking to integrate into the global economy and accession to the WTO.

Take advantage of the system of governance and transparency and disclosure and protection of intellectual various forms of physical, intellectual and transfer of technical knowledge and technological changes and the free movement of capital and enhance the confidence of the world the Iraqi economy and attract foreign investment and improve the environment economic activity. (more…)

Deputy: Iraq has made several obstacles away from the World Trade Market
On: Sun 06/03/2012 8:40

Baghdad (news) .. Most likely a member of the Economic Commission for Parliament MP / National Alliance / Amer Jassim winner, Iraq’s accession to the WTO during the next two years, confirming the presence of several obstacles have made Iraq away from the world trade market. (more…)

The parliamentary economic committee called the Iraqi government the application of customs tariffs and the transfer of a free economy to enter Iraq to the WTO.

The decision of the Committee and the representative of the Kurdistan Alliance Mahma Khalil’s / JD / The “to ensure Iraq’s entry into the World Trade Organization must be preceded by several steps, including the application of several laws of the government.”

Khalil added, “There is a program and a desire for Iraq’s accession to the WTO.” (more…)

Parliamentary rule out Iraq’s accession to the WTO

On: Wednesday 5/9/2012 6:59

Ruled out by the Economic Committee in the House of Representatives Nahida Daini Iraq’s accession to the WTO during the current period because of the many internal problems and the reluctance of economic projects in the country. (more…)

04/25/2012

Baghdad: JD Department of Commerce announced in a statement broadcast by Information Office of the Deputy Minister Walid al-Habib al-Musawi delegation was led by the Iraqi Technical Co in the activities of the UN Conference on Trade and Development (Alanoctad) thirteenth, which is currently being held in the Qatari capital Doha for the period from 21 to 26 of this month.

The delegation includes representatives from the Ministries of Foreign Affairs, Finance and Industry and Minerals as well as a representative of the Central Bank and National Investment Commission as well as private sector representatives from the Federation of Chambers of Commerce and the Federation of Iraqi Industries. (more…)

03/21/2012 – 09:51

Market announced the Iraq Stock Exchange, Wednesday, from trading in more than 46 billion shares valued at more than 81 billion dinars during the month of February, compared to January which is the total shares traded more than 24 billion shares.

And trading of the market during the month of February, 46 billion and 40 million shares of trading amounted to 81 billion and 738 million dinars, compared to January which is the total shares traded in which 24 billion and 473 million shares valued financial reached 41 billion and 186 million dinars, reaching No. of Companies 66 companies out of 87 companies listed electronically on the market. (more…)

Declared the Iraqi market for securities, Saturday, from trading in more than 24 billion shares traded amounted to a value of more than 41 billion dinars during the month of January and an average of five sessions per week.

And trading of the market during the month of January 24 billion and 473 million shares worth trading reached 41 billion and 186 million dinars, the equivalent of $ 34 million a session low by 32.4 percent from last December, while the number of companies traded 59 companies out of 87 companies listed electronically in the market. (more…)

Baghdad, February 5 (Rn) – A member of the Economic Committee in the Iraqi parliament Sunday to “solve” the two companies of the two supermarkets and trade cars, machinery, both belonging to the Ministry of Commerce. He must integrate employees of other companies.

Iraq desperately needs to hold thousands of labor-backed companies in the government or private sector companies to absorb part of the unemployment. (more…)

On: Tue 03/01/2012 7:19

The central bank of new mechanisms about foreign trade, means of financing by the government and the private sector, at the time called elite academy for the adoption of a credit card in the process of trade. The deputy governor of Central Bank of Iraq the appearance of Mohammed Saleh, said that foreign trade financing to the government and the private sector

Was conducted according to the annual trade preset named later (b Plan of Foreign Trade) in order to finance trade imports according to the government and private a number of mechanisms.

Saleh added, according to “news agency Uzmatk” The mechanism is to take over the government withdrawal from the reserve fund for the purposes of Government Commerce and settlement take place through the amendment of the budget constraints and the corresponding limitations over the balance sheet of the Central Bank. (more…)

Resumption of trading sessions in the Iraqi market for securities

On: Tue 03/01/2012 7:15

The executive director of the Iraqi market for securities Taha Ahmed Abdul Salam, said the trading sessions in the market will resume from Tuesday night after a hiatus of more than ten days.

He added, according to Abdel-Salam, “news agency Uzmatk” The circulation has been the participation of 85 companies included in the regular trading sessions in the market, representing trades for investors realized the Iraqis and non-Iraqis. (more…)

Attributed the Director of the General Authority for Customs reasons for the decline revenue department over the past years to cancel the tariff law by the civil governor Paul Bremer in 2004, is regarded as the institutions where there is much corruption, stressing that he is working in coordination with the Inspector General to fight it.

The director of the Munzer Abdul Amir Asad Haider in an interview for the “morning”: that the revenues the General Customs Authority in November last year reached 50 billion and 955 million and 455 thousand dinars, as she was for the same month of 2010 about 29 billion and 237 million and 827 thousand dinars, thereby achieving an overall increase reached to 21 billion and 717 628 000 dinars, alluding to the bin the relay returns a month as the Finance Department to prepare reports at the same time prove relations department and information statistics on them. (more…)

Deputy calls for the application of the customs tariff .. And confirms that they do not affect the increase in prices
On: Wed, 12/21/2011 11:11

Baghdad (news) .. The member of the Economic and MP / National Alliance / Abdul Hussein Resan the need to apply the law of the customs tariff to support the local product, stressing that it does not lead to increased food prices in local markets.

The Resan in a statement to the Agency (news) on Wednesday: that there is a package of laws enacted by the House in the previous period have not been applied yet, including the law of the customs tariff, consumer protection, product, national and other laws that support the Iraqi economy and the local product.

and saw Resan need to apply the law of the customs tariff at the present time to of its positive results in support of the local industry and the citizen through getting on the item of a high international standards, which last for a long period of local markets, noting: that most of the goods currently displayed in the Iraqi market quality is good and consume a period shorter life span. (more…)

Source: Reuters – 22/11/2009

A U.S. official said Iraq had to join the WTO by the end of 2011 if diligently sought for membership that may help reconstruction efforts through the promotion of trade and investment.

Iraq has begun the process of accession in 2004, however, has taken only initial steps required by the membership. Iraq may also receive limited benefits, given that Iran is one of its major trading partners are not a member of the Organization.
(more…)

Baghdad, October 23 / October (Rn) – The Finance Committee of the Iraqi Council of Representatives, Sunday, that the legislative obstacles standing in front of Iraq’s entry to the WTO.

Said committee member Abdul-Hussein al-Yasiri told the Kurdish news agency (Rn) that “does not turn Iraq into a free market economy is because of legislation that the House of Representatives to speed up the shift without receiving a permanent membership in the WTO.”

(more…)

Iraqi Stock Exchange index higher by 0.28% in Wednesday’s session
Wednesday, August 24 / August 2011 14:24

Iraqi Stock Exchange index rose in Wednesday’s session by 0.28 percent to 141.8 points.

During the meeting, trading of shares of 26 companies out of the contribution of the 85 companies listed electronically, as shares of 16 companies, and prices of shares of 5 companies, 5 companies while preserving the price of its shares.

And the number of shares traded in today’s session 520 million shares worth 998 million dinars, achieved through the implementation of the 420 contract traded.

(more…)

08/16/2011 0:00

Baghdad / Iraq’s future
Index of the Iraqi market for securities in a session on Monday by 0.09 percent to 141.88 points, and was during the session trading in shares of 28 companies contribute out of 85 companies listed electronically, the price of shares of 14 companies, and the prices of shares of which 6, while preserving (8) on the share price.

and the number of shares traded in today’s session 590 million shares worth one billion and 202 million dinars, achieved through the implementation of the 325 contract traded. The banking sector witnessed trading of shares of 5 companies, the price of shares of two companies, and shares of two companies, while preserving the company and one share price, and the number of shares traded with 362 million shares worth more than 598 million dinars have been achieved through the implementation of 105 contracts traded, while the industrial sector has witnessed trading of shares of 8 companies, the price of shares of 4 companies, and shares of 3 companies, while preserving the company and one share price.

(more…)

Positive implications for banks to link the Iraq Stock Exchange electronically

Invited the Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam, to link the work of government and private banks with each other electronically, said Abdul Salam: The market needs to enter the electronic clearing in the work of government and private banks because of their positive effects on the movement of shares in the Iraqi market for securities Finance.

He added, was to include 19 private banks in the form of a joint stock company listed on the market is trading shares by the shareholders at the meetings market daily, referring to the deposit recorded in the center of the Iraqi Stock Exchange like any other.

(more…)

Announced that the Iraqi market for securities, Saturday, on their quest to create a second market early next July, to create the modern corporation to enter the market, confirming completion of all necessary legal procedures for its establishment.

The executive director of the Iraqi market for securities, Taha Ahmed Abdul Salam said in an interview for “Alsumaria News”, “The market is going to open market, second the beginning of the month of July next, to be parallel to the market now,” noting that “this market will be dedicated to the inclusion of companies newly established in order to organized and configured later to enter the market order “.

(more…)

World Trade OrganizationErbil, May 22 (AKnews) – Iraq is negotiating to become a full member in the World Trade Organization (WTO), the trade minister said today.

Kheirullah Hasan told AKnews that the negotiations have been going on behind closed doors for a while running and will resume in Morocco soon.

(more…)

Iraqi flag, Iraq flag, Alai IraqErbil, May 22 (Rn) – The Iraqi Trade Minister, on Sunday, for that the ministry would start talks with the World Trade Organization to gain permanent membership in it.

According to the good God’s good for the Kurdistan News Agency (Rn), that “the Iraqi Ministry of Trade is about to begin talks with the World Trade Organization to gain permanent membership in,” noting that “the World Organization designated Morocco a representative for such talks with Iraq.”

(more…)