5 paragraphs contained in the Second Amendment to the investment law 10/20/2015
5 paragraphs contained in the Second Amendment to the investment law
10/20/2015 0 Comments
The economic and investment commission representative confirmed that the second amendment to the draft second amendment to the Law of Investment Law No. (13) of 2006 included five paragraphs relating to the President (Developer and arbitration, financing and the development bank to support the investor and the establishment of Iraqi Investors Union)
A member of the committee MP Fares Knight said in a statement seen by the agency of our economy news that the Presidium of the House of Representatives held (3) meetings in the presence of the committees of the economy, investment and financial Alniabaten, and head of the investment and discussed at the meetings the second draft amendment to the Law of the Investment Law and exited the new amendments to the investment law to reach to sober a law guaranteeing the rights of all and aims to promote and stimulate economic and human resources and the development of a practical mechanism for the development of investment in the country.
He added that the economic and investment commission held its first international conference in order to contribute to the improvement and development of the investment environment in Iraq, in the presence of ministers as well as Arab and foreign investors, agents and ministries and heads of body National Investment Conference recommended overcoming the obstacles facing the application of the investment law.
He pointed out that the Chairman of the Committee of Economy and Investment Jawad al-Bolani between the second amendment to the draft second amendment bill to the Investment Law No. (13) of 2006 included five paragraphs President concerning «the developer and arbitration, financing and the development bank to support the investor and the establishment of the Federation of Iraqi investors ».