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Tag Archives | open markets

Iraqi Govt to Tighten Importation Regulations

By on 24th August 2011 in Iraq Industry & Trade News

From the beginning of 2012 the Ministry of Trade will strictly control the importation of goods into the country, says the minister. Khayrullah Hassan told AKnews that the ministry will work according to a quota system based on need, and all imports must attain its prior approval. “We will not allow businessmen to trade in […]

Iraq's Future: Open Markets or Central Planning?

By on 17th August 2011 in Blog, Iraq Industry & Trade News

As we reported in recent days, Iraq has decided to offer 18 factories to foreign investors to renovate and run, on very attractive terms. According to the reports, the deals are to be sweetened by some very interventionist means, such as paying half the wages of Iraqi workers in those plants, and restricting the importation […]