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FRANK26: "SECURITY FOR THE MONETARY REFORM".............F26
Central Bank hosts meeting to regulate e-commerce in Iraq
July 07, 2024
During the meeting, the draft e-commerce and consumer protection system was discussed through the controls discussed by the attendees, through the registration procedures and obtaining a license to practice this trade.
The committee contributed to defining the service provider and granting him a license through an electronic platform established by the Ministry of Trade. The committee members stressed the need to establish controls for granting a license to those wishing to practice e-commerce in a manner that preserves the rights of all parties.
The attendees agreed to submit the "system paper" to the Council of Ministers for review and approval to proceed with work on it.
Central Bank of Iraq
Media Office
July 7, 2024
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The Central Bank submits the system paper on e-commerce to the Sudanese
7/7/2024
The Central Bank of Iraq submitted, on Sunday, the "system paper" to the Council of Ministers regarding the regulation of e-commerce in Iraq.
The bank stated in a statement received by Mawazine News Agency, 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, the draft e-commerce and consumer protection system was discussed through the controls discussed by the attendees, through the registration procedures and obtaining a license to practice this trade," noting that "the committee contributed to defining the service provider and granting him the license through an electronic platform established by the Ministry of Trade."
The members of the committee stressed "the establishment of controls for granting the license to those wishing to practice e-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 on it.
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