The First Objective: of the trade facilitation is to increase foreign direct investment which is crucial to achieving higher rates of sustained economic growth. It enhances opportunities for Iraq’s private sector firms to build strong economic structure, acquire new technologies, develop modern organizations, and gain access to overseas markets. It will allow Iraqi economy to expand businesses, create higher-paying jobs, generate exports, and increase government revenues. On this level, IACCI has conducted and is currently organizing several conferences to promote new investment laws issued by the central and regional governments to disperse information to potential investors.
The Second Objective: is to generate concern and increase activity on the part of Iraqi companies to invest in their own country and seize the opportunities at hand. This entails improving the present opportunities, creating new opportunities and taking an active role in initiating international business contacts. These steps have resulted with increased investment, sustainability and creation of jobs in Iraq.
he Third Objective: is to facilitate the concerns of the Iraqi business community to have a voice in the creation and amending of government trade policies. IAACI’s participation in commerce and industry provides the Iraqi business community with a sense of self-empowerment, through education and assistance in the development of effective marketing materials including the provision of opportunities for interaction with the international communities through trade-show venues, trade delegations, strategic commercial correspondence, and other networking kinds of events.