Thread: Iraq/Dinar News. 09/05 to 01/14/07

Susie gave us the link to the "Official Gazette" As soon as it is posted here, IT'S OFFICIAL!!

Translated version of http://www.uruklink.net/iqlaw/

Originally Posted by bubbajr

I am not sure if this was ever posted, So here it is.


On Oct. 10 the Parliament of Iraq passed a new investment law which opens the Iraqi economy to investors globally.

The new law provides foreign investors with adequate legal protection and with the ability to repatriate capital and profit. It offers opportunities to apply for significant exemptions from taxes and duties for 10 years and possibly longer, and it highlights the need to facilitate the process of obtaining necessary licenses and permits.

"It is great to have the new law, which gives us a clear frame and solid ground for promoting investment in Iraq," a senior official at the Iraq Investment Promotion Agency (IIPA) said.

"We are expecting positive reactions by foreign investors, who have been interested and enthusiastic about doing business in Iraq. It is very beneficial for our agency and for the country."

The agency was established early this year with the support of the USAID-funded IZDIHAR project, which has also provided substantial technical assistance and counseling in the preparation of this law.

In a significant institutional development, the law establishes the National Commission for Investment (NCI), attached to the Office of the Prime Minister and headed by a Chairman with the rank of minister. NCI will be responsible for overseeing and executing Iraq's investment policy.

For some of you I am reposting this. The FIL was past, but it has not been posted in the official paper yet, I feel they are waiting for the HCL to be passed and the big meeting that is to take place so everything is done all at the same time.
Don't get a head of your self and get frustrated, we are very close and we will see it real soon

Originally Posted by jessemac

Yes !!! ENACTED = law pass .......

It has to be published in the "Parliments Official Gazette" before it is Enacted.

Oct 31 1 to 1 We will all be very rich!!!!!!!!

Interesting,

The word from my Kurds is no 10K released to anyone yet, so this is a good sign which would indicate they are waiting for something else we are all waiting on, a revalue. (g)

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Interesting,

The word fromm my Kurds is no 10K released to anyone yet, so this is a good sign which would indicate they are waiting for something else we are all waiting on, a revalue. (g)

Good luck to all, Mike

That is indeed interesting..All the brohaha in the press about the 10K and still no distribution! Seems like alot of hot air was expended for six and a half bucks (unless.............)

Originally Posted by Offshore-Wealth.com

Interesting,

The word from my Kurds is no 10K released to anyone yet, so this is a good sign which would indicate they are waiting for something else we are all waiting on, a revalue. (g)

Good luck to all, Mike

Mike,

Good to hear from you. Any word on the lower denoms from your friends???

Originally Posted by AlwaysDreaming

Susie gave us the link to the "Official Gazette" As soon as it is posted here, IT'S OFFICIAL!!

Translated version of http://www.uruklink.net/iqlaw/

The Gazette (Alwaqai Aliraqiya) is a paper circular and I'm more then 100% positive the FIL has been published if was announced as enancted by al-Maliki. The link is only a website which would need to update and is not the official publication that others receive.

Here you can see this quote taken from another document:

As to freedom of information, it has been reported that the official gazette of the Republic of Iraq, Alwaqai Aliraqiya, in which governmental laws,
decrees, orders and circulars are published, has a restricted
circulation and that even the members of the legal profession have
difficulty in obtaining copies.


It's close.

Originally Posted by Adster

Mike,

Good to hear from you. Any word on the lower denoms from your friends???

Yes,
I agree sounds like alot is put into place for an r/v, but we are still missing
info about the smaller bills.
LIT

Originally Posted by Inscrutable

The Gazette (Alwaqai Aliraqiya) is a paper circular and I'm more then 100% positive the FIL has been published if was announced as enancted by al-Maliki. The link is only a website which would need to update and is not the official publication that others receive.

Here you can see this quote taken from another document:

As to freedom of information, it has been reported that the official gazette of the Republic of Iraq, Alwaqai Aliraqiya, in which governmental laws,
decrees, orders and circulars are published, has a restricted
circulation and that even the members of the legal profession have
difficulty in obtaining copies.


It's close.

It is close................so close I can smell it.
LIT