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Iraqi Industries Union announced easy loans for industrialists
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Translated by IRAQdirectory.com - [3/18/2009]
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The director of Iraqi Industries Union in Karbala, Hura'a Abdullah announced on the presence of easy loans up to $ 12000 will be in several payments for those eligibly in need without benefits and in the installments over four years.
Abdullah stated on Tuesday that the directions were based on instructions from the Deputy Prime Minister Barham Ahmad Salih, in collaboration with the Department of Industrial Development in the Ministry of Industry and Minerals.
On the other hand, Abdullah rejected the calls, which require the integration of Iraqi Industries Union with Chamber of Commerce, citing the fact that the Union is working to revive the reality of industry, while Chambers of Commerce are in a different direction away from this sense, and charged the responsibility to some parties the speech on behalf of the Industries Union Branch in Karbala informally.
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