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Monday, November 21, 2016

RCOOKIE TIDBIT, 21 NOV

RCookie   Report:  "New Generation of Foreign Investment Laws: MENA-OECD Good Practice and the New Iraqi Investment Regime"  

FROM OECD ORGANIZATION FOR ECONOMIC COOPERATION & DEVELOPMENT... REPORT ABOUT US INVESTOR INTEREST PROTECTION BEING REVISED AND BAKED INTO THE IRAQI FDI... FOREIGN DIRECT INVESTMENT...LANDSCAPE

THAT REPORT JUST SHOWS SOME OF THE VERY IMPORTANT ISSUES...SOME OF THESE LAWS WE HAVE SEEN AMENDED AND OTHERS STILL LOOKING FOR COMPLETION ...AND WHY SO VERY INTEGRAL IN RECRUITING...CAPTURING AND RETAINING FOREIGN DIRECT INVESTMENT IN IRAQ

THE QUANTITY OR STATUS OF THEIR NATIONAL RESOURCE ASSETS IS IMPORTANT... BUT AS FAR AS SUPPORTING AND DRIVING ANY CURRENCY VALUE INCREASE... NOWHERE NEAR AS IMPORTANT AS THESE THINGS THAT ARE NECESSARY TO SUPPORT FDI...AND ACTUALLY ALLOW IRAQ TO DO SOMETHING WITH ITS NEWLY VALUED CURRENCY

THE FDI IS WHAT WILL DRIVE THE DINAR...THE FDI [FOREIGN DIRECT INVESTMENT] VOLUME AND SUCCESS IN IRAQ IS WHAT WILL DRIVE THE CURRENCY AND ECONOMY

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