Iraq’s economic capital


Author: Mohammed Sharif Abu Mayssam

05/08/2017 0:00

The reasons stated in the legislation of Basra , the capital of Iraq ‘s economic law, that this law was to enhance the reality of the Iraqi economy, and the events ofcomprehensive economic development for the advancement of the standard of living and service of Iraqi citizens and public and private visual citizen.
This is confirmed by the provisions contained in the six articles of the law, which left thecentral government to issue regulations and controls to implement the provisions in thebody of the law in coordination with the local government ‘s economic capital after thePresidency Council approval and publication of the law in the Official Gazette.
Here will be the time factor between approval and publication and then insert the law into effect very important, especially since Product – 3- First : require consensus on theformation of the Secretariat of the economic capital , which is supposed to be run by theCouncil of the Municipality of the capital, which reminds us of what is stated in the first of the Consumer Protection Act No. 1 of 2010 , which provided for the formation of theCouncil for consumer protection, and as stated in the first of competition law and antitrust No. 14 of 2010 , which provided for the formation of the Council to regulate competition and prevent monopoly, since the two chambers not seen the light for reasons no oneknows one, making laws idle minute limit.
Not only that , since our reference to the time of the publication of the law in the Official Gazette stems from the experience of legislation of the Customs Tariff Law No. 22 of 2010 and published in the Gazette of Iraq crashes about ten months, and did not come into effect only in 2016 according to the confused mechanisms are not incorporated in theimplementation moment fairly well.
As well as other laws that have initiated the experience did not come into force , such as the Iraqi Product Protection Act No. 11 of 2010 and the Labor Law No. 37 of 2015.
But it may be different relatively on the application of Basra , capital of Iraq ‘s economic law , as some believe, based on what will exercise deputies Basra province in parliament and local government from the compressor reaction to the central government for theimplementation of Article V of the law that left the Council of Ministers to issue instructions and regulations necessary for the implementation of this the law incoordination with the local government in the province of Basra , without being obliged todo so, and here it is useful to recall disrupt the implementation of the project of Faw port ,which announced the intention of his residence since 2004 and could send the spirit in the labor market and does the market movement, but he remained pure Ura In thedrawers it did not appear until the moment it only breakwater.
To accelerate the implementation of this law , the long – long – awaited can contribute to a very significant contribution to make a quantum leap in the province of Basra towards real development throughout the country, through optimal investment for economic and human resources, infrastructure development and the development of the legal and administrative basis to keep pace with the development of trade centers in region and provide employment opportunities and the multiplicity of sources of national income of theIraqi people in general, but we must not stand by when legislation, and we are serious about putting this law into practice as soon as possible and proceed to holding the reins for the benefit of the country.

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