Mon. AM TNT News Articles 8-16-21



The Baghdad summit is an important step for Iraq’s return to its economic position

The economic and banking advisor to the Association of Iraqi Private Banks, Samir Al-Nusairi, confirmed that the Baghdad summit is an important step for Iraq’s return to its economic position in the region.

Al-Nusairi said, “Iraq’s invitation to the leaders of the neighboring Arab and regional countries to attend the meetings of the conference, which is expected to be held in Baghdad in the coming days, is an important step for the country’s return to its leading position in the region, and an attempt to open up to building balanced economic relations with brotherly and friendly countries, especially with the countries of the region.” 


Al-Nusairi added that “strengthening Iraq’s relations, activating foreign banking transactions, and motivating foreign companies to invest in Iraq will lead to strengthening the financing areas for projects for the reconstruction of liberated cities.”

He pointed out that what concerns us here is the future of international economic, financial and banking relations in general, and with the countries of the geographical region in particular, in a way that serves to open promising prospects for communication, exchange benefits, encourage investment in Iraq, develop infrastructure and banking technology, increase inter-banking transactions and find new ways to cooperate with sober correspondent banks in those Countries, and this role has been played by the Central Bank within its main tasks to achieve the objectives of monetary policy and monetary stability.

Al-Nusairi expected that the conference would come out with important recommendations and decisions that have a clear impact on achieving stability and building balanced sovereign relations between Iraq and neighboring countries.  link

Urgent | President Barham Salih: International solidarity is necessary to face global challenges

Today, Monday, President Barham Salih stressed that international solidarity is necessary to confront global challenges, foremost of which is the fight against terrorism and extremism.

A statement by the Media Office of the Presidency of the Republic, which it received, stated that “President of the Republic, Barham Salih, received today, the Estonian Defense Minister Kali Lanet,” noting that “during the meeting, they discussed relations between the two countries and ways to develop them, and the importance of strengthening cooperation in the field of security and defense, as well as reviewing the prospects for cooperation.” Trade, economic and cultural in a way that achieves the common interests of the two friendly peoples.

According to the statement, Saleh stressed that “Iraq is looking forward to strengthening its political, economic and trade relations, and the importance of international and regional solidarity in order to confront various global challenges, foremost of which is combating terrorism and extremism, easing tensions and establishing peace in the region.”   more details

Finance Minister: The Iraqi government has put the economic reality on the right track through the white paper


The head of the Iraqi-Saudi Coordination Council, Minister of Finance, Dr. Muhammad Abdul Amir Allawi, affirmed that the Iraqi government aimed, through the white paper, to put the economic reality on a path that allows the state to take appropriate steps to develop it into a dynamic and diversified economy that creates real opportunities for a decent life. to citizens.

He added during the (Iraqi-Saudi Joint Business Council) that the council aims to support and strengthen economic relations and increase the volume of business between the Republic of Iraq and the Kingdom of Saudi Arabia. Representatives of the economic business sector, in order to stimulate the volume of commercial, industrial and investment transactions.

The National Coordinator of the Council, Secretary-General of the Council of Ministers, Mr. Hamid Naim Al-Ghazi, explained that the Iraqi government has pursued a policy of opening horizons for cooperation in the Arab and international environments, in all fields, and has placed it among its priorities in its ministerial program, in order to advance the economic, commercial, industrial and agricultural reality. for Iraq.

The agenda of the Council witnessed a democratic practice of electing a president and two deputies to the Business Council, as well as a presentation and discussion of the projects proposed by the members of the Council.   link

Source: Dinar Recaps


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