Iraqi MP says political problems leading to trading movement deterioration

MP Salman al-Musawi, member of the parliament Economic Committee has confirmed the deterioration of the trade movement in Iraq, due to some major problems, including political problems too.

Musawi stated in his statement, "The trade movement witnessed backwardness due to the recent events, but it can be addressed through resolving the political problems. Any political problem has negative impact on both the security and the economic files."

He called for the reunion of the political parties in the interest of the nation for settling down the disputes. He further pointed out, "legislate the laws that would help boost the investment and the commercial movement."

In his statement, he concluded by saying that the parliament has approved a group of law, pertaining to the economy such as the tariff and the local products protection law and others.

However, the pity is that the Council of Ministers has not approved these laws and still hasn’t made any remark on the areas of disputes on those scripts.