Free zones for trade exchange in the Baghdad belt

 
10/15/2020

Economy News _ Baghdad

The local administration of Baghdad, together with the Provincial Chamber of Commerce, is planning to establish free zones in the belt of the capital to be dependent on commercial exchange, limit the entry of trucks loaded with goods and reduce traffic.

The governor of Baghdad, Muhammad Jaber Al-Atta, said, "A delegation from the Baghdad Chamber of Commerce discussed with the governorate the establishment of free zones in the Baghdad belt that would depend on trade exchange to limit the entry of trucks loaded with goods into the capital and reduce traffic congestion, while the Chamber of Commerce delegation presented a proposal that included granting investment opportunities to establish Multi-storey garages in commercial areas to reduce street parking momentum.

He added that "a mechanism was also discussed to compensate merchants and shop owners who suffered material losses as a result of the recent demonstrations, which included addressing the Prime Minister to compensate a number of merchants and shop owners in the Shorja area and other areas who suffered material losses," pointing out that "the committee that will take place Its formation will set up the necessary compensation mechanisms in this regard. "

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