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    Cabinet reviews measures to encourage investment, cut red-tape

    The Cabinet

    The Cabinet held its regular weekly meeting on Tuesday in Baghdad under the chairmanship of Prime Minister Adil Abd Al-Mahdi.

    The Cabinet reviewed implementation of several measures to encourage investment and support entrepreneurship, including streamlining entry and residency procedures, cutting red-tape and the introduction of  ‘one-stop shops’ at all of Iraq’s investment commissions.

    The Cabinet instructed that the Grand Al-Faw Port investment project be re-submitted for review.

    The Cabinet approved the establishment of a consulate for the Philippines in Erbil province, and a consulate for Iraq in the city of Toronto in Canada.

    The Cabinet approved a reciprocal agreement under which Saudi Arabia will establish a consulate in the Iraqi city of Najaf, and Iraq will open a consulate in the Saudi city of Al-Dammam.

    The Cabinet also approved the establishment of an office for the United Nations Assistance Mission for Iraq (UNAMI) in Nineveh province.

     

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