Millionday Chat 10/09
[millionday] Economists counting investment and economic agreements signed by Iraq with the countries of the world one of the important steps that pave the way for Iraq's accession to the World Trade Organization because it is considered a first step toward collective bargaining .
Economist and academic Dr. Yassin Acer said in a statement ( morning): "The contract of these agreements to the benefit of both sides through the exchange of experiences and attract investments and allow foreign investors and the Arabs."
He Yassin said the Iraqi investment law gives the group guarantees and benefits for foreign investors , especially in the field of construction and reconstruction, these benefits have not benefited Arab investor in the past few years , as it did not try to invest in Iraq and the trend towards the Iraqi economy because of security conditions , so it has to be to attract investors Arabs to be the leading construction projects .
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[millionday] note -- this is concerning the conference with the wto this week
[millionday] The expert pointed out that these agreements are considered privilege for the investor, as being able to own land , which implements the project , especially that Iraq is one of the least countries that are signatories to the agreements guaranteeing to invest at the level of countries of the world ,
noting that it encourages investors and give them guarantees and additional benefits , as well as the advantages granted by the investment Law , and opens the way for agreements with other countries , especially as the investment agreements in the field of construction and reconstruction are beneficial to Iraq because it needs to residential units,
which were estimated by the experts of two million units, but the country needs more than this number , especially in the provinces, according to as saying .
[millionday] note - i like seeing that the investment law is done and ready and also they will be getting many more of these contracts in the next couple of weeks and then some with all the conferences
[millionday] this is the best part because it is obviously securities -- and we like the stock market
[millionday] The National Investment Commission has signed contracts investment with two Blorm and Handal Alamarateten Inc. Shamara Holding last month, for the construction of housing units are in the cities of the future ( 1 and 2) in the region of by 30 thousand residential units , and the Committee of Baghdad in the area of Dabbash by 20 thousand residential units .
The Government has shown its willingness to consider any amendments serve the process of construction and investment and cringe difficulties encountered in the work of investors and private sector companies ,
while stressing the Ambassador of the United Arab Emirates and managers of UAE companies investing in Iraq's intention to increase the presence in the Iraqi market , expressing their aspiration to support the Iraqi government for projects construction carried out by UAE companies , and pledged at the same time its completion deadlines
[millionday] love that they are meeting deadlines but -- what deadlines -- hmm -- seems as a date is in the midst -- now we are going to look at the baghdad fair --
[millionday] i would like to say that the previous report is all about the move to wto accession -- all of the agreements are through the wto -- that of course with the need for an internationally recognized currency is great and above great -- right into a whoop whoop
[millionday] Under the slogan " the Baghdad International Fair Trade and Investment Forum " starts today the opening ceremony of the fortieth session of the Baghdad International Fair which will take place on the land of the exhibition with the participation of 17 countries ,
as well as a large number of local companies , as well as the participation of Britain and Croatia for the first time in the exhibition wings . He stressed experts and interested affairs of the economic importance of the exhibition , which came the best Altguenat the world that can be used in all economic sectors .
[millionday] note -- this means tomorrow
[millionday] Head assembly Iraqi industrial Abdul Hassan Shammari said: that the exhibition represents an important step as it comes international effort to within the country and with what attributes of the best technologies available and the size of large projects ,
which requires implementation in the country in all sectors must pay everyone from the private sector and public presence among global companies that participated in the exhibition during its current session , which represents an important step on the road to activate the investment business .
He said in an interview for the (morning) to the possibility of dealing directly with these companies without the need for an intermediary, pointing to the need to take advantage of the show to find out when the participating companies specialized in the field of housing, which can build residential units fit the reality of the country, as well as to contain the population pressure .
[millionday] note -- the agreement we have a little glimps into -- they must be paid during this period -- that cant be a bad thing to say the least
[millionday] these are actual partnerships and are those we have seen signed but no action -- this is the action
[millionday] Expert commercial Naseer student pointed out that this carnival economic and trade large came to define the citizen role of the Iraqi trader in the overall Alhamlah economic , and work the relevant authorities matter to overcome all the obstacles they face and work to create a genuine partnership between Iraqi companies and their counterparts the world in order to activate the commercial movement of internal and external .
He pointed out that the size of the contribution of Iraqi companies and contributes to good in all cases , to keep pace with modern developments and the use of advanced technology in this field and the possibility of benefit to the development of the reality of internal trade And foreign affairs in Iraq
[millionday] here again we see reference to the data system and its empowerment in the activation of trade and of course the market economy we keep hearing about and waiting for --- the sale of their currency at a price that is at a reality rate ---
[millionday] As President of the International Federation developmental businessmen Ali Hilfi pointed to the importance that contributes to show its current session in the introduction of the best technologies in the world to Iraq through communication with the companies present at the exhibition .
He said the cutting-edge technologies is an important step on the road to activate the economic sectors , especially it holds high quality and specifications that have been adopted in global projects .
Stressing that the international companies that attended to Iraq comes the best technical expertise globally , and this will lead to a large number of training Iraqi workforce that lacks experience in this field
. He stressed the need to work on the work of special questionnaires the adequacy of existing laws to an ambitious global investment firms that attended to offer their services , pointing out that the legislation in force must be examined thoroughly by specialists in the public and private sector .
[millionday] nice that are addressing the workforce demomestically for them -- this is a show of global economic advancements
[millionday] For his part, Managing Director of the Company progress competent to organize exhibitions and business conferences Ali Bashir al-Naimi told the (morning) that the Baghdad International Fair is a demonstration of commercial Aqtsadahaalmih in Iraq ,
adding that companies of different nationalities keen to participate in this exhibition it represents a gateway opportunities that do not compensate for her to enter the Iraqi market .
Naimi noted that the Baghdad International Fair will witness the presence of a large number of international companies specialized in the field of infrastructure and energy , as well as other companies to implement housing projects and urban .
He stressed that this demonstration annual economic contribute to finding a ground for competition between companies to offer the best Ntegadtha through which expects to get contracts directly for the implementation of strategic projects in Iraq.
[millionday] more info on the fair
[millionday] He pointed out that Iraq needs after the last day to enter the competent international companies in the field of construction , energy and infrastructure in general , he said , adding that the Baghdad International Fair its current session represents a good opportunity for Iraq to choose the companies that hoped to implement various investment projects .
Naimi noted that the measures in some countries to participate in foreign exhibitions and time - consuming while Iraq is seeking to ease the routine procedures for the entry of products and mechanisms of border crossing points down to ward her on the show floor .
And the managing director said the establishment of international exhibitions contribute to find common ground between private sector companies and public also contributes to the definition each Bntegath and abilities and potentials for the purpose of competition to provide better services .