Mawazine News – Baghdad
The President of the Union of Chambers of Commerce, Abdul Razzaq Al-Zuhairi, confirmed on Thursday that the private sector enjoys legislative and executive cover and keen attention from the government and has reached the stage of stability, which contributed to the process of building and attracting foreign investments.
Al-Zuhairi said in a statement to the official agency that “the private sector was able to build a strong name for it in recent years after the current government took responsibility, as it contributed to the process of building and attracting foreign investments.”
He pointed out that “the government paid remarkable attention that contributed to the continuation and excellence of this sector,” he said, noting that “the support included important sectors such as housing, energy and agriculture, by facilitating many measures such as financial support, simplifying systems and facilitating the entry of foreign investors.”
He pointed out that “the private sector now has a strong legislative and executive cover, which has contributed to its stability and growth.”
Al-Zuhairi stressed “the importance of controlling borders to prevent the entry of irregular goods and developing development banks that effectively support the private sector.”
“Recent years have witnessed a good start for the private sector, which is still in the beginning and needs time for growth and development,” he concluded.
