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Economists: leave the seventh item on a golden opportunity collide financial corruption and political instability
Baghdad / follow-up Range
He said Iraqi politicians and economists that Iraq would emerge from Chapter VII will bring benefits in the economic and political development of the Iraqi economy, in light of the political instability and rampant corruption in government departments and underdevelopment in the financial and banking system.
The United Nations had in 1990 imposed a blockade on Iraq, and placed it under Chapter VII of the Charter of the United Nations, which were imposed on Iraq to pay compensation to Kuwait more than fifty billion dollars.The decision of the Economic Committee in the House of Representatives Iraqi Mahma Khalil that Iraq would emerge from Chapter VII of the benefits of economic and political government after the completion of all actions in the Security Council. Khalil added in a statement to the island revealed that frozen Iraqi funds abroad due to the policy of the former regime can be used to strengthen the economy, and on the government to provide a favorable climate to attract investment companies through the elimination of corruption, political stability and achieve national reconciliation and improve the security situation, and explained the Parliamentary that the lack of the Iraqi government these things will limit the companies entering the Iraqi market and invest in them.
On the other hand, was considered a member of the Finance Committee House of Representatives Najiba Najib that the opportunity became available after the withdrawal of Iraq from Chapter VII, to build an economy keep pace with the development that is happening in the world, because the country has the potential large in both the agricultural and tourism, as well as the financial means available.
confirmed Najeebeh that the Iraqi state is facing "significant challenges in the fight against corruption which is no less rank about terrorism, but we can achieve political stability and activation of dialogues to resolve the problems by the will of real and serious from the presence of politicians, to be Iraq's ground reassure international companies to it. "
and sees Ali Chihod Sudanese professor of management strategy at the University of Baghdad that Iraq would emerge from Chapter VII, "an important event because it happens sophisticated quantum leap levels of technological and scientific in all economic sectors, research and scientific."
However, he believes that the scourge of corruption hinder this orientation and undermine efforts tireless efforts, pointing out that the financial and banking system in Iraq is old and suffers backward and reluctance in its procedures and ways of interaction with the global banking system, which is a burden plus the Iraqi economy.
explained Sudanese that the seventh item is not the main factor in the reluctance of foreign investors, but the absence of control and auditing mechanisms and governance projects implemented or under implementation, as well as the spread of corruption. And called on the government to begin fortifying the banking sector and development to be able to provide financial guarantees easy circulation, at the same time guaranteed and controlled security in terms of distancing itself from the financing of terrorism in all its forms.
considered economic Raed al-Hashemi that Iraq would emerge from Chapter VII requires the government to do more to restore What's lost in the past years as a result of his unnatural within the international community, and stressed that the country was on the list of countries suspicious, which made the international banks and international corporations and global institutions hesitate to cooperate with it.
explained Hashemi that Iraq would emerge from Chapter VII will open the doors in front of him in all areas , including the freedom of banking transactions, where the local banks are prohibited from sending remittances and the opening credits and documents charging.
The spokesman said the same to the political situation المتخبط prevailing in the country and concern differences large between the political blocs and the spread of corruption in most of the joints of the state institutions, especially the episodes experienced by the process investment, will stand a significant impediment to these hopes, noting that the expected results of exit Iraq from Chapter will not be quick, but will be slow and require great efforts from the Ministry of Foreign Affairs and other ministries.
On the other hand, was considered a member of the Finance Committee House of Representatives Najiba Najib that the opportunity became available after the withdrawal of Iraq from Chapter VII, to build an economy keep pace with the development that is happening in the world, because the country has the potential large in both the agricultural and tourism, as well as the financial means available.
confirmed Najeebeh that the Iraqi state is facing "significant challenges in the fight against corruption which is no less rank about terrorism, but we can achieve political stability and activation of dialogues to resolve the problems by the will of real and serious from the presence of politicians, to be Iraq's ground reassure international companies to it. "
and sees Ali Chihod Sudanese professor of management strategy at the University of Baghdad that Iraq would emerge from Chapter VII, "an important event because it happens sophisticated quantum leap levels of technological and scientific in all economic sectors, research and scientific."
However, he believes that the scourge of corruption hinder this orientation and undermine efforts tireless efforts, pointing out that the financial and banking system in Iraq is old and suffers backward and reluctance in its procedures and ways of interaction with the global banking system, which is a burden plus the Iraqi economy.
explained Sudanese that the seventh item is not the main factor in the reluctance of foreign investors, but the absence of control and auditing mechanisms and governance projects implemented or under implementation, as well as the spread of corruption. And called on the government to begin fortifying the banking sector and development to be able to provide financial guarantees easy circulation, at the same time guaranteed and controlled security in terms of distancing itself from the financing of terrorism in all its forms.
considered economic Raed al-Hashemi that Iraq would emerge from Chapter VII requires the government to do more to restore What's lost in the past years as a result of his unnatural within the international community, and stressed that the country was on the list of countries suspicious, which made the international banks and international corporations and global institutions hesitate to cooperate with it.
explained Hashemi that Iraq would emerge from Chapter VII will open the doors in front of him in all areas , including the freedom of banking transactions, where the local banks are prohibited from sending remittances and the opening credits and documents charging.
The spokesman said the same to the political situation المتخبط prevailing in the country and concern differences large between the political blocs and the spread of corruption in most of the joints of the state institutions, especially the episodes experienced by the process investment, will stand a significant impediment to these hopes, noting that the expected results of exit Iraq from Chapter will not be quick, but will be slow and require great efforts from the Ministry of Foreign Affairs and other ministries.
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