Sites Holmquist trys, and often fails, to go no more than a couple of days without visiting (some of which Holmquist regularly swipes links from without attribution)
Iraqi Minister of Finance Kamel Al-Gailani announced a number of economic reforms in Iraq Sunday, including allowing foreign interests to own up to 100% of businesses in all sectors sans natural resources, the implementation of 5% tarrif on imports other than broadly defined "humanitarian goods" and a 15% income and corporate profit tax rate to begin in 2004.
Although not included in the official announcement, Israeli firms will reportedly not be allowed to invest in Iraq, which I suppose is to be expected given what we have seen in Afghanistan. posted by micah holmquist at 9/23/2003 10:27:00 AM