Commerce Announces Record 158 Foreign Companies During the 4 Months

 Baghdad / term Presse Department of Commerce announced ethnic, Wednesday, recording “158 foreign company” during the past four months, and showed that the “remarkable development in the Iraqi market,” gave a great opportunity for the entry of these companies, and likely “increase the number of foreign companies in the very near future . ” said Deputy Minister of Trade Yahya Ahmed Ithawi in an interview (range Press), “The ministry strives to facilitate the functions of the foreign companies wishing to enter the Iraqi market mechanisms and regulations adopted by the ministry was enough to increase the number of foreign companies registered in the ministry.” He Ithawi that “since the beginning of 2014 and until the end of the month of April, the Department of Registration of companies affiliated to the ministry recorded 158 foreign companies and divided by 45 companies in the month of January and 41 companies in the month of February and 33 companies in the month of March and 39 companies in the month of April.”

And between Deputy Minister of Commerce, said that “registration of foreign companies are in coordination with the State Department and its embassies and consulates in abroad to support the veracity of the information contained in the treatment of registration based on the law of ratifications in force in the ministry.” He Ithawi that the “remarkable development in the Iraqi market and aspirations to be one of the promising markets in region, it gives a great opportunity for foreign companies to enter this market and work force, “likely” get it in the very near future evidence to increase the number of companies registered in each month goes from the current year compared to months past. ”

Aas the Iraqi Trade Ministry announced that, in (17 January 2014), the presence of a noticeable re-opening of the offices of the investment companies in Iraq, as described Iraq as “attractive environment” for investment in the world despite his political and security, confirmed that the last registration process was a Pakistani company wishing to invest in the province of Dhi Qar. , the Iraqi government I decided, in the (July 20, 2013), to exempt investment companies from domestic and foreign fees and customs for a period of five years, in a move aimed at boosting economic growth, attracting companies to invest in the country, that is the study of the extension of the decision of the exemption for ten additional years.

almadapaper.net

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