Commerce Minister Atheer Daoud Al-Ghurairi discussed on Thursday morning with a number of gold traders to discuss the obstacles they face in their work inside Iraq and work to provide the necessary facilities to localize the gold industry in the country.
The Minister of Commerce confirmed during the meeting, according to a statement by the ministry that received a copy of {Euphrates News}, that “the Ministry of Commerce, within its ministerial platform on developing trade and foreign policy, is working to support and regulate the work of the commercial sectors, including the gold trade sector because of its great weight in the country’s economy. “
“Through our meeting, we want to identify the mechanisms of action and obstacles in order to provide the appropriate environment for economic growth and the development of policies that contribute to strengthening the position of the gold sector in the local and international market,” Al-Ghurairi said.
The Minister of Commerce pointed out that “the ministry is ready to cooperate with traders and start steps to overcome obstacles and provide the appropriate environment to achieve the localization of the gold industry inside Iraq according to the need of the market and the consumer, for the return of this industry as it was in the past and even stronger, in light of the government’s direction to support the commercial and industrial sector in the country.
Minister Al-Ghurairi announced, “In his talk about regulating the commercial sectors, the issuance of instructions to regulate e-commerce in Iraq, which is a step to update trade policies and in line with the developments in this aspect to provide a safe and prosperous trade environment that contributes to advancing the national economy.”
For their part, “Gold traders thanked the minister for his interest and support, and raised a set of problems and challenges to their work, expressing their hope that these meetings will contribute to improving and developing this sector.
The meeting resulted in accordance with the statement, “Agreement to submit an integrated study to localize this industry, similar to the developed countries that have been famous during the recent decades of this industry, and a period of fifteen days was set for the preparation of the study, provided that another meeting will be held to explain that study, its basic aspects and its results, to come up with recommendations that are presented to the competent government agencies and take the appropriate decision for them.”
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