Cabinet approves draft law on ratification of economic cooperation between Iraq and K
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Cabinet approves draft law on ratification of economic cooperation between Iraq and Kuwait Convention on the Law
Information / BAGHDAD / ..
The Cabinet approved on Tuesday the draft law on ratification of economic and technical cooperation between Iraq and Kuwait Convention on the Law.
He said the Information Office of the Prime Minister Haider al-Abadi Agency / information / received a copy of it, that "the Council of
Ministers approved in its session regular meeting held today, chaired by Haidar al-Abbadi on the draft law on ratification of economic and technical cooperation between the Government of the Republic of Iraq and the Government of the State of Kuwait which was signed in Baghdad on Althama ten Cooperation Convention on the Law of the month of June 2013. "
The statement added that it "has to refer the bill to the House of Representatives, for approval and then convert it to the government for its implementation." Finished /
Expert: Banks revive the Islamic banking movement in Iraq
Information / special / ..
Said economist appearance of Mohammed Saleh, Tuesday, that the banking movement in Iraq will Mlhaudha improvement after the entry of Islamic banks to the economic arena to compete with commercial counterparts, noting that most Iraqis will deal with these banks for their commitment to the legitimate standards.
Saleh said in a statement to the Agency / information /, that "the banking movement in Iraq will see a marked improvement as a result of the entry of Islamic banks to the economic arena after private law legislation work to become a strong competitor to commercial counterparts Almanmanh during the past period."
He added that "most Iraqis and Muslims Mtdinyin and try to deal in accordance with the principles of Islamic law and are moving away from the forbidden as usury in Islam, and on this basis, the Islamic banks will see a high turnout by the citizens for their compatibility with the legitimate Meulathm".
The Iraqi Council of Representatives, the voice of the majority, in (1 -10 -2015), during its 25th legislative term of the first second legislative year, the project of the Islamic Banking Act. It ended ARTICLE LINK
12 countries sign an agreement linking 40 percent of the world's economies to each other
Information / BAGHDAD / ..
The United States agreed and 11 other countries Pacific Rim, on Monday, the agreement is the largest of its kind after seven years of negotiations, the agreement allows linking 40% of the interconnected global economy.
United States, Japan, New Zealand, Australia, Brunei, Canada, Chile, Malaysia, Mexico, Singapore, Peru, Vietnam, and had reached a "partnership agreement (economic) across the Pacific," seeks to establish free trade, and the liberalization of the economies participating in the agreement states, it is assumed that he will bind
40% of the world economy and the abolition Nearly 20 thousand tariff.
This spent and trade ministers from countries participating in the Convention and their teams negotiating, the last few weeks in difficult talks in Atlanta, Georgia, USA in an attempt to reach a final version of the agreement, which was supposed to announce to negotiate the end of the clauses first on Sunday, but it was postponed Advertising for one day, because there are some points of contention.
It is expected the United States not to vote on the agreement until next spring, after the passing of the Congress, by reading and discussing the terms of the agreement in a period of 90 days.
He said US President Barack Obama agreed the culmination of his efforts to "grow our economy and strengthen the middle of our class," he said in a statement issued by the White House that "this agreement will support American workers inside and outside the United States."
Obama said he "can not let a country like China develop rules of the global economy, should we write those rules, and open new markets for American products at the same time that we put the high standards to protect workers and protect the environment." Finished / 25