New mechanisms to facilitate the procedures and the granting of licenses to exporters

2016/10/5 14:50

[Where - Baghdad]

The company embarked on public exhibition for Iraqi businesses and services in the Ministry of Commerce, on Wednesday, the granting of export licenses for goods and materials intended for export in accordance with the new mechanism adopted by the Economic Committee of the Cabinet.

According to company's general manager Hashim Mohammed Hatem said in a statement received by all of Iraq [where] a copy of it today, that "the export department at the company embarked on the twentieth of the month of September to grant licenses the export of goods and materials intended for export based on the book of the Council of Ministers dated 24/6 / "2015.

"It has been the adoption of new mechanisms for the granting of licenses to export through which up exporting materials and funds received and control the export and its conformity with the applicable instructions by the General Administration of Customs and the National Security Service and money laundering in the Central Bank both by his responsibility."

And that "the General Company for Trade will on its part to provide the money laundering department at the central bank with a copy of the export to track funds received and the implications for the export license, in addition to the implementation of the recommendations of the Council of Ministers to facilitate the procedures for exporters and good to deal with them and hold them large sums of money."