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Alaq: Iraqi Govt Issued A Package Of Measures To Facilitate The Work Of Businessmen And Investors In Iraq

Baghdad, The government has issued a package of measures to facilitate the work of businessmen and investors in Iraq," said Secretary General of the Council of Ministers Mahdi Al-Alaq.

A statement by the Secretariat of Ministers said, "Alaq met the Chairman of the Iraqi-British Joint Business Council Baroness Emma Nicholson and her accompanying delegation, represented by British companies operating in Iraq.

During the meeting, Al-Alaq stressed the importance of joint cooperation with the Iraqi-British Joint Business Council and briefed it on the investment opportunities announced by the National Investment Authority, pointing out that "the next government will continue the same approach and will adopt all agreements concluded by the previous government."

For her part, Baroness Emma Nicholson expressed "the keenness of the Council to consolidate the economic relationship with Iraq, especially in the investment side, stressing that" the development of the private sector needs extraordinary plans in terms of financing, quality and high standards and competition between companies. "

"We are here today to support the Iraqi government in the development of the private sector because we know through our experience that without the free market, it will be difficult to progress economically and therefore a coordination framework should be developed for the Iraqi government's work to develop this sector," she said.

"The meeting witnessed a review of a number of projects for the purpose of enhancing trade and economic cooperation between the two countries and discussing the problems related to the employment of children of school age and their leaving out of schools and the spread of cancer diseases and high rates and water scarcity." The British Business Council expressed support for the new government and its readiness to provide all solutions and proposals for problems raised through their experts and companies. "

Source: National Iraqi News Agency