LEGAL ORGANIZATION OF CHAMBERS OF COMMERCE

Abstract

The Chambers of Commerce play a pivotal role in promoting commercial and industrial activities at the global level, as they undertake the task of representing the interests of traders and companies before government agencies, and they are independent institutions from the financial and administrative aspects and enjoy a legal personality, which gives them independence that enables them to perform their functions effectively. The Chambers of Commerce consist of the General Body, which is the supreme authority in it, and includes all merchants registered with the Chamber who have fulfilled their obligations related to the payment of annual subscription fees, as well as the Board of Directors of the Chamber of Commerce, which Its members are elected by the General Assembly. Based on the need to assess its legislative reality, the comparative analytical approach was adopted to reveal the shortcomings and legislative vacuum in the Iraqi law related to the organization of the work of chambers of commerce.