Iraq imposes tariffs of 80% on imported wines.
Posted 10/12/2013 05:12 PM
[tlm724] told a news conference in Baghdad that the Council of Ministers decided in its regular day to impose tariffs gradually starting from the second of January next for the protection of national production and supporting the private sector
[tlm724] The decision includes luxury materials and secondary schools, with the exception of food, clothing and construction materials that go into local industries and agricultural materials and any material relating to the lives of citizens
[tlm724] "At the moment there will be a tariff varies from substance to another, which will be of 5% and above of the luxury materials and 80% of alcoholic beverages." The new law includes a levy duties on imported goods not included in the table of tariffs tariffs by no more than 20% of their value
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[tlm724] a levy duty is the tax a government places on goods that are imported into the country. Besides being a revenue stream for the government, import duties can be levied to help protect domestic trade from overseas products.
[tlm724] all great news !!! We are getting there ! *hallelujah*
Expectations: high gross domestic product by 68% in the coming years 11/12/2013
[tlm724] GDP rising by 68 percent in the coming years
[tlm724] dayum, can they get any richer
[tlm724] The study included 10 cities, where it was found that 41% believe that the current economic situation in Iraq is good, and 32% stated that the right time to buy durable consumer goods, while 42% said that things will continue to improve during the next six months.
[tlm724] while 42% said that things will continue to improve during the next six months
Assurances on the importance of providing a friendly environment for investment 12/11/2013
[tlm724] create an attractive investment environment for capital and specialized international companies has become a prerequisite for the advancement of the process
pointed to the importance of working to enact laws that Dolly's investment process guarantor of the rights of companies and the beneficiaries,
[tlm724] that the country live a shift towards a free market economy, which requires that accompanied the work of legislation legal suit the volume of work, which includes all sectors in the general areas of the country
[tlm724] experts were interested in the economy and has appealed to the House of Representatives not to delay the bills that are relevant to people's lives, including laws related to the reconstruction and infrastructure projects that regulate the local economy.
[tlm724] if they want Iraq to be all it can be they are going to have to pass these laws ! No other way around it ! Without legal protection there will be many who will not invest in Iraq
The current credit rating of Iraq fits and economic reality 12/11/2013
[tlm724] to obtain credit rating in order to facilitate their access to finance that you want through the local markets or external reason to force the pace to get the highest degree of classification between countries the world to improve its reputation and economic development
[tlm724] to force the pace Wink I like that !
[tlm724] The current credit rating of Iraq fits and economic reality
Appearance of Mohammed Saleh, the rating Iraq credit now, although he did not specify yet officially, Vhually probably at Class B returned him a good indication of the reason for optimism, explaining in a statement (morning): This place in the classification is not official, but set the intensity on buying Iraqi bonds sold in global markets, amounting to 2.7 billion dollars annual interest rate steady at 5.8 percent
[tlm724] Class B returned him a good indication of the reason for optimism,
[tlm724] but set the intensity on buying Iraqi bonds sold in global markets
He stressed that the existence of a credit rating, though low, is better than no rating basically. Chapter VII and pointed out that the existence of Chapter VII was the most prominent obstacles to obtaining credit rating because he lifted under international sanctions since the nineties of the last century
[tlm724] ahh but no more chapter 7 now
[tlm724] He continued, but now after entering Iraq to item VIII of the UN Charter, it is important to move the government in this aspect for the purpose of obtaining a Category formally to achieve the required development after the entry of foreign investment into the country
agreed during the government with the American side to encourage investors to come to Iraq and classification of credit to be able to give credit to foreign investors, as well as the importance that goes on Iraq in this category in order to give the guarantees opportunities for investors and confidence to recover their capital
[tlm724] classification of credit to be able to give credit to foreign investors
[tlm724] The strength of Iraq's financial is very large, and what it takes to integrate into the global system and the existence of financial liquidity and high oil wealth, which would raise the grade credit rating of Iraq
"There are ways and simple mechanisms for the sovereign rating, especially that all countries of the world are dealing with institutions evaluate international"
returned him an important issue for the country and to handle international, especially in terms of financial institutions. , he added, "in order to deal rating agencies and the international calendar with Iraq, must be plans and government policies are clear and stable without fluctuation,
as well as to maintain the stability of the currency and a commitment to international conventions, referring to the The current trend in the way of the signing of international treaties that give a guarantee to the investor, which is "favorable ground" for any international institution calendar to assess the situation in Iraq in general and to support to UN agencies.
[tlm724] as well as to maintain the stability of the currency and a commitment to international conventions
[tlm724] basically now that Iraq is a sovereign nation it is time for them to consider their reputation and their credit rating, Saleh acknowledges that this the way to international status and Iraq is now making their move !
Minister of Commerce to discuss with the ambassadors of Ukraine and the Czech Republic mutual cooperation in economic and trade fields 11-12-2013 02:09 PM
[tlm724] exchange with ambassadors and views on issues of common interest and experience of the two countries in the the field of joining the World Trade Organization.
[tlm724] added that the ambassadors eternally readiness to make efforts to support and develop the Iraqi economy through the participation of food companies,
Activating the agricultural cooperation between Iraq and the Netherlands
Baghdad - and babysit - Minister of Agriculture Izz al-Din State, with the new Dutch ambassador to Iraq, Janet Saipan, bilateral relations and cooperation between the two countries.
[tlm724] the key here is the word " Activating". They can sign all the MOU"S they want which mean nothing UNTIL you activate them !
Mahma Khalil: open branches of foreign banks in Iraq will support the banking sector and its development
[tlm724] that the banks' desire discreet and internationally known for work in Iraq is evidence that Iraq fertile environment for work, investment, and possesses a great economic
[tlm724] now your talkin