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The Iraqi Investment Law 2006

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Chapter Summary

A commission is established under the Iraqi Investment Law called the National Investment Commission, with its own juridical personality, and is represented by its President or his nominee. It shall be responsible for the planning of national investment policies, the laying down of the plans, regulations, and criteria therefore, and for the monitoring of their implementation in the sphere of investment. The Investment Law is enacted in order to advance the process of the economic and social development, to bring the technical and operational expertise, to develop the human resources, to create job opportunities for Iraqis, through the encouragement of investment and to support the process of establishing investment projects in Iraq, its enlargement and development at the various economic levels, and the grant of privileges and exemptions for these projects.

Keywords: Iraqi Investment Law; National Investment Commission

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