Parliamentary economy: Adoption of the amendment of the Investment Law will develop the Iraqi market wheel

10/28/2015 12:03

Tomorrow Press / Baghdad

I went back to the parliamentary Committee of Economy and Investment, Wednesday, approve the amendment of the Investment Law that will develop investment wheel and develop the market in general, calling for the activation of its clauses are smooth.

Said committee member Noor Albjara for "tomorrow Press", "The House vote on Tuesday, to approve the second amendment to the investment law in itself a victory for the wheel of investment that have been affected in one way or another from the old law, in addition to that, another malfunction progress of the projects was a stumbling block in front of the private sector of the investor. "

She drew Albjara "The second amendment included a number of paragraphs that we believe will contribute to the promotion of attracting foreign capital which has been reluctant in some cases because of the obstacles they face when they apply," claim the need to "abide by the relevant departments of the decisions of law and facilitate the work of investment agencies and investors, the fact that the law where a lot of optimism about the development of investment wheel. "

The parliament passed during its 32 first legislative term of the second legislative year of the third parliamentary session, which was held on Tuesday, legal Second Amendment to the Investment Law No. 13 of 2006, and the draft national card.