The Prime Minister Unveils A Law To Address The Challenges Of The Private Sector And The Volume Of Exchange With America, 19 APRIL

The Prime Minister Unveils A Law To Address The Challenges Of The Private Sector And The Volume Of Exchange With America

 Political     Today, 09:21  Baghdad – IA   Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani announced the introduction of a law to address the challenges of the private sector, and while

 he indicated that 80% of transfers are proceeding in accordance with international standards, according to the US Treasury Department,

 he confirmed that Iraq is moving for the first time towards establishing a fixed platform to receive liquefied gas.

A statement issued by the Prime Minister’s Media Office, received by the Iraqi News Agency (INA), stated that

 “Prime Minister Muhammad Shiaa Al-Sudani met in Washington, on Wednesday evening (Baghdad time), a number of heads and representatives of major American companies, in a session held by the Chamber of Commerce. "American". 

The statement added,  "The meeting included a dialogue session with the attendees, where the Prime Minister explained a number of questions that were raised during the meeting, related to the investment environment in Iraq and the facilities provided by the government to the private sector."

During the meeting, the Prime Minister sponsored "the signing ceremony of a number of memorandums of understanding between the Ministries of Electricity and Oil and the Iraq Fund for Development, with American institutions and companies.

 Similar memorandums of understanding were also signed between the Iraqi private sector and American companies in the fields of energy and the pharmaceutical industry."

 The Prime Minister pointed out, during his speech,

 “the openness of the investment environment in Iraq to attract reputable international companies, to participate in the economic renaissance and infrastructure projects that Iraq is witnessing, in addition to the package of financial, banking and administrative reforms that the government initiated and a high percentage of which was completed during the year.” And half a year old.”

 Al-Sudani said during the signing ceremony of memorandums of understanding with major American companies:

“The outcome of the discussions and understandings with the American side was the necessity of continuing to develop bilateral relations in various economic, social and security sectors.”  He added:

 "We agreed to

     strengthen the relationship,

      stimulate the private sector, and

      support the work of American companies in Iraq," stressing that

 "Iraq is witnessing remarkable stability despite the challenges in the region, and

we are working to distance it from hotbeds of conflict and escalation." He explained,

"The government has made important strides in economic reforms and implementing major projects that contribute to solving problems.