15/12/2011Expectations of recovery, the economic reality after the withdrawal of foreign forces
BAGHDAD - Haider Flaih Rubaie
confirmed specialists in the economic aspect, the process of withdrawal of foreign troops completely from Iraq will give more confidence to Oaqaan economic and development in the country, noting that the productive sectors will be in front of a task that requires them only success and increase returns of Finance to meet the need of local goods and materials , and are of the view a number of specialists need to review the economic agreements with the U.S. side and to achieve maximum benefit from them, revealed experts that the period after the withdrawal will lead to the recovery of economic reality with a combination of most of the views and ideas that serve the interests of supporting the reality of development in Iraq in general.
The Framework Agreement Strategic agreement signed between Iraq and the United States has stated in one of its clauses to enable Iraq to continue to develop its national economy through the rehabilitation of economic infrastructure has, as well as provide essential services to the people, and continue to preserve Iraq's resources of oil, gas and maintenance as well as on its assets financial and economic abroad, including the Development Fund for Iraq.
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Also focused agreement on openness to the global market, which engineered Vdhaeha in light of the objectives of Sections V and VI of which, when pointed to the need for cooperation between the two countries in order to (integrate Iraq into the global economy and its institutions) or ( support for Iraq's further integration in the departments and financial institutions and international economic), as stated in section V / fourth paragraph - as well as what came in the second and third paragraphs of Section VII of the Convention, which confirmed to support the exchange of information and opinions for the Liberation of IT markets in Iraq.
He says economic expert Amer Jeweler Speaking (morning) that «the economic impacts of the withdrawal of U.S. forces will give the self-esteem and a sense of independence real stimulate all the forces of business for the advancement of economic activities, and will lead to lower tensions and differences that existed because of the presence of these forces and thus to improve relations between all parties in Iraq, would be reflected on the security situation improved with the behaviors of government management, both with a direct link with the business environment.
According to the jeweler that among the advantages of the withdrawal of foreign forces from Iraq is the face of legislative channels, planning and implementation of Iraq greater responsibility in supporting the local economy, and is the confrontation with the need to accelerate the legislation of laws related to reform, economic development and the requirements of development and amending old laws, as well as speed up institutional reforms and adjust the work ethic.
Despite the breadth of the size of the positive aspects in the process of withdrawal of foreign forces from Iraq, but the specialists stressed the importance of attracting companies of those countries of investment after the departure of its military forces, and argued that this exchange of military investment sponsor revive the country's infrastructure and paper and reality of economic, especially as many countries entered Iraq military had bilateral agreements provide for the support of the economic reality in it.
And confirms the jeweler once again that the U.S. withdrawal from Iraq would lead to unite the views of everyone to become a confrontation with the necessity of reform, development and the economic boom and diversify the local economy and enhance its competitiveness, and this would achieve positive results on the short-term and short.
He added that all government economic institutions will be faced with the choice (why after the departure of the foreign). And then will not accept any excuses, either the successful management of the facility general economic and improve the profitability and performance, or step down from his mismanagement.
In regard to the Iraqi private sector and the possibility of its presence stronger in future periods explained the jeweler that this sector will have a confrontation with the fierce competition for goods and services of foreign to develop its capacity and productivity and the quality of its performance and services and reliability, the responsibility for individual and institutions of the sector and the role of the official, who is supposed to fall on government agencies to support the capabilities and requirements of its development.
Calling for the formation of cell comprehensive action take on the advancement of economic reality shared by all parties and representatives of the productive sectors of government and private .
To that, the economic expert Nazim Ugaili that next year will see the activation of many economic sectors, especially in light of economic mobility the local direction of the world, and the call to the participation of the Iraqi private sector peers in the countries of the world, with the common desire to implement the projects of reconstruction and construction of the two sides in Under the stability of the security situation in Iraq during the last period, as well as adjustments made to the Investment Law No. 13 of 2006 and promises of officials to study law again and stop at each paragraph to be more suited to the reality of the investment.
He added that «what would encourage international companies to work within the country is in the ability of the security services Balhfad stabilization and the maintenance of internal security, which is the most important joints of the investment business ». He pointed out that the US-Iraqi relations will be on large strategic projects that benefit both sides, especially as the U.S. companies have the technology developed in more than one sector.
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