Central Bank raises system paper on e-commerce to Sudanese

 Baghdad – Mawazine News

The Central Bank of Iraq submitted, on Sunday, the “system paper” to the Council of Ministers concerning the regulation of e-commerce in Iraq.
The bank said in a statement received by Mawazine News, that “the Governor of the Central Bank, Ali Mohsen Al-Alaq, chaired the meeting of the Diwani Order Committee (24079) to regulate e-commerce in Iraq with the participation of the concerned authorities.”

During the meeting, they discussed the draft of the e-commerce system and consumer protection through the controls discussed by the attendees, through the procedures for registration and obtaining a license to practice this trade,” pointing out that “the committee contributed to the definition of the service provider and granting it the license through an electronic platform established by the Ministry of Commerce.”

The members of the committee stressed “the installation of controls for granting the license to those wishing to practice electronic commerce in a way that preserves the rights of all parties,” while the attendees agreed to submit the “system paper” to the Council of Ministers for review and approval to proceed with work.

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