The Central Bank Hosts A Meeting To Regulate Electronic Commerce In Iraq

 The Central Bank Hosts A Meeting To Regulate Electronic Commerce In Iraq

 July 07, 2024  His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, chaired the meeting of the Diwani Order Committee (24079) to regulate electronic commerce in Iraq with the participation of the concerned authorities.

  During the meeting, a draft system for e-commerce and consumer protection was discussed through the controls discussed by the attendees, through registration procedures and obtaining a license to practice this trade.

 The committee contributed to defining the service provider and granting it a license through an electronic platform established by the Ministry of Commerce, and the members of the committee stressed establishing the controls for granting a 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 “regulation paper” to the Council of Ministers for review and approval to proceed with work on it.  Central Bank of Iraq    information Office   7 - July 2024   https://cbi.iq/news/view/2612