Specialize: the signing of memorandums of understanding is a good step, but it needs to laws

01/03/2016 (0:01 pm) - The number of readings: 10

Baghdad / Muhannad Jawad

The Ministry of Industry and Minerals and the Iraqi Federation of Industries have agreed to strengthen their cooperation and overcome the problems faced by the private sector, while the Iraqi National Business Council, Counting that the agreement comes at government reforms which emphasized the "support of the private sector and raising its" framework, an economist said that "is not enough to re trust "between the two parties without the application of the relevant laws, and the establishment of industrial cities and restore Iraqi infrastructure rehabilitation industry, to revive the slogan" made in Iraq. "
This came during the signing of a memorandum of understanding between the ministry and the Iraqi Federation of Industries in Union headquarters Jadiriyah district, central Baghdad ceremony, attended by (long-Presse)
The Minister of Industry and Minerals Mohammed Darraji in his speech during the ceremony that "the application of the memorandum begin soon, and will be bound by the ministry to support the private industrial sector," noting that "the memorandum includes a lot of facilities that benefit private industry."
Darraji acknowledged that "the Iraqi Federation of Industries was almost disabled for non-governmental entities cooperate with him," noting that "this is the first time that the signing of such a memorandum between the Ministry of Industry and the Federation of Industries, which represents the private sector."
For his part, head of the Iraqi Federation of Industries Ali Sabih al-Saadi said in an interview (long-Presse) that "about 21 thousand out of 50 thousand industrial projects registered with the General Directorate of Industrial Development," attributing it to "the weakness of cooperation between the Directorate and the Union."
Saadi added that "the memorandum to work through difficulties and facilitate procedures between the parties and allow them to develop a common vision for the development of national industry," noting that "only twenty percent of the registered industrial projects with the Union is currently working as a result of the repercussions of conditions experienced in Iraq after 2003".
In turn, the head of the Iraqi National Business Council, David Zayer, in an interview (long-Presse) "The note comes in government reforms that emphasized the support of the private sector and raising its framework," saying they "constitute a significant achievement for the Iraqi Federation of Industries."
In turn, the economic expert on behalf of Jamil Antoine in an interview (long-Presse) "The Memorandum of Understanding between the Ministry of Industry and Minerals and the Iraqi Federation of Industries step to restore confidence between the private sector and government," stressing the need to "implement the memorandum and the follow-up and not be neglected, as happened to many previous agreements and memos ".
Antoine felt that the "note alone is not enough but it should be a new mechanism for concessional lending to the industrial sector and end the crippling extending the conditions, and the application of relevant laws, such as the national protection product and tariffs and the establishment of industrial cities and re-infrastructure of the Iraqi industry rehabilitation mode, and building owners an industrial specialist across institutes specialized , to revive the slogan-making in Iraq, especially with the presence of the qualifications for that. "