Ministerial Council for Economy: Rcommendations the work of border crossings in the region

INA - BAGHDAD 

The Ministerial Council for Economy discussed on Monday, the recommendations of the last meeting regarding the work of border crossings in the KRG.

Deputy Prime Minister and Minister of Foreign Affairs Fouad Hussein chaired the 27th session of the Ministerial Council for Economy, in the presence of the Deputy Prime Minister, Minister of Planning, Ministers of Finance, Trade and Agriculture, Governor of the Central Bank of Iraq, the Head of the National Investment Authority, the Chairman of the Securities Commission, the PM’s advisors for economic and legal affairs, and the Undersecretary of the Ministry of Oil, according to a statement by the media office of the Minister of Foreign Affairs, received by the Iraqi News Agency - INA.

The Council hosted the head of the Federal Financial Supervision Bureau, the PM's Advisor for Strategic Affairs, the heads of the General Customs and Tax Authorities, and a representative of the Federation of Iraqi Chambers of Commerce, to review the report of the formed committee on collecting tax amounts and ways to spread tax culture and reduce tax evasion.

The statement highlighted, “The Council also hosted the delegation of the Kurdistan Region, represented by Breber Ahmed, Minister of Interior, Advisor to the Ministry, Director General of Customs, his assistant, and Head of the Ports Authority in the Federal Government."

During the hosting, the recommendations of the last meeting held in KRG, under the PM’s guidance, were discussed between the Chairman of the Border Ports Authority and officials in the KRG to solve the outstanding problems related to the work of the border crossings in the KRG.

"With regard to the issue of the Bismayah Residential Complex, the Council recommended to the Council of Ministers to approve the minutes of the committee formed headed by the head of the Federal Financial Supervision Bureau, provided that the National Investment Authority determines the sources of internal and external financing," included in the statement.