From IDG Security: How Do Local Regulations Affect Foreign and Local Businesses Differently in Iraq? Iraq presents a unique and complex environment for businesses, with its blend of immense economic opportunities and intricate regulatory challenges. For foreign investors, understanding how local regulations impact both foreign and local businesses is crucial to navigating this dynamic market. […]
By John Lee. Iraq's Minister of Communications, Dr. Hayam Al-Yasiri, led a workshop on Sunday focused on drafting guidelines to regulate delivery companies, in collaboration with the Competition and Anti-Monopoly Council. According to a statement from the Ministry, the initiative aims to prevent monopolies and introduce fair competition in service sectors. Al-Yasiri emphasized improving Iraqi […]
By John Lee. Ali Mohsen Al-Alaq, Governor of the Central Bank of Iraq (CBI), chaired a meeting on the regulation of e-commerce in Iraq, with participation from relevant authorities. The meeting discussed controls and consumer protection measures, focusing on registration procedures and obtaining licenses for e-commerce activities. The committee defined service providers and established a […]
By John Lee. The Iraqi Cabinet has directed the Central Organization for Standardization and Quality Control (COSQC), in coordination with the Directorate for Combating Organized Crime, to monitor all unlicensed factories and take legal action against their owners. Owners of shops selling products from these unlicensed factories will also face legal consequences, and the counterfeit […]
