Page 20 - Microsoft Word - The Investment Law No amended.docx

Article 36
The Arab Investment Law no (62) of 2002 issued by the dissolved Revolution Command
Council shall be annulled.
Article 37
This Law shall enter into force from the date of its publication in the Official Gazette.

Justifying Reasons

For the purpose of driving the process of economic and social development and bringing
technical and scientific experience and developing human resources, and for creating work
opportunities for the Iraqis by encouraging investments and supporting the process of
establishing investment projects in Iraq and their expansion and development at various
economic levels and by granting privileges and exemptions for these projects, this law is
legislated.

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