Saturday, September 16, 2006

Iraq Ministry of Trade ready to import Cars and Construction Materials

Abdul Falah Al-Sudani, Ministry of Trade stated that the Ministry is working on distributing cars among citizens by installment plan according to the instruction of the Cabinet and through all governmental banks.


He pointed out that the Ministry is working hard to contract with big international companies to import cars of high quality and good reputation. He, also, confirmed that a specialized delegation from the Ministry is discussing a number of offers presented to it. He added that the Ministry will work to carry out the Cabinet instructions concerning the distribution of cars as soon as possible and distributing them among employees in state divisions. He confirmed that the Ministry personnel are qualified enough to succeed in this initiation, and the General Company of Cars Trade has been assigned to search for the best international sources.


On the other hand, Al-Sudani said: the Ministry of Trade is planning to import large quantities of construction materials from the best qualities and sources… He confirmed that the staff of lab inspection and quality control will work on examining these materials to insure their fine quality and being identical to the world's specifics… He explained the role of the Ministry in the process of constructing Iraq and the building of residential compounds which the government intends to do in order to eliminate the housing crisis. He pointed out that the Ministry will import: cement, iron, skewer, water pipes, health materials and ceramics. Al-Sudani confirmed that the Ministry is planning to take loans from the Ministry of Finance in order to launch this campaign and also taking loans from local banks and pay them back continuously.(Source)AlSabah

Iraqi Dinars

Havent these people ever heard of the free market. Maybe Iraq need a new Ministry. The Ministry of No Ministry where they do nothing, fix nothing, plan nothing.

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