Attorney Nora Salem: investment needs proper ground free of obstacles

4.2.2012 | (Voice of Iraq) - Add Comment - Baghdad (news) proposed by the Economic Commission deputy / coalition in Iraq / Nora Salem create a bank shareholder, involving local and foreign banks to facilitate the work of investment in Iraq. said Salem (of the Agency news) Saturday: The investment process needs to sentences of the facilities and remove all the obstacles in front of the investors to attract them to the country and the creation of land suitable for the investment in it. She pointed out: that the main obstacles that stand in front of the investor is banking that most of the Iraqi banks can not give large sums to investors because they need large sums of money to implement projects strategy. called: the need to create a bank shareholder participation by government and private banks as well as foreign banks in Iraq to provide large sums of money are able to grant loans to investors, in addition to facilitating the work of Iraqi traders who import goods in amounts too large. The The Economic Committee in the Council of Ministers decided to put a study to establish an Iraqi bank shareholder includes a group of local banks and the world's major.

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