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Tues. AM-PM TNT News Articles from Iraq 10-10-23

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TNT

Tishwash:
Iraq resumes its flights to China

The Minister of Transport, Razzaq Muhaibas Al-Saadawi, announced today, Tuesday, the resumption of flights on Iraqi Airlines between Baghdad and the Chinese city of Guangzhou.

The Ministry of Transport quoted Al-Saadawi as saying in a statement received by Al-Iqtisad News, that, “Given the increase in travel requests to the People’s Republic of China, and in light of the increasing demand for Green Bird flights at Iraqi airports, the General Company for Iraqi Airlines worked to operate the Baghdad-Kwangju route.” Within the national carrier’s flights.

Al-Saadawiadded, “Starting today, Tuesday, October 10, the General Airlines Company has resumed its direct flights to the People’s Republic ofChina, and they will be two flights per week, every Saturday and Tuesday, according to flight schedules    link

Federation of Chambers of Commerce: Iraq has granted great facilities to countries of the world to participate in the path of development

The Federation of Iraqi Chambers of Commerce confirmed today, Tuesday, that Iraq has granted great facilities to countries of the world to participate in the path of development, while noting that Al-Faw Port constitutes a high percentage of global land and sea transport.

The head of the Federation of Iraqi Chambers of Commerce, Abdul Razzaq Al-Zuhairi, told the Iraqi News Agency (INA): “Prime Minister Muhammad Shia’ Al-Sudani focused on exploiting the opportunity,” indicating that “Iraq is in a good position with the world, and this opportunity must be invested in establishing a road.” development and implementation at this time.”

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He added, “Iraq granted facilities to countries around the world in the transit process and greatly reduced rates for all countries, especially neighboring countries,” noting “the importance of having a joint-stock company to support the road.”

He added, “The development road project is profitable if the promotion process is facilitated,” explaining that “Iraq must focus on important countries that have a future, such as China and India, in supporting the road.”

He pointed out that “Turkey is the second beneficiary after Iraq from the path of development, considering it the gateway to Europe,” pointing out that “Iraq started with the port of Al-Faw with an amount of 400 billion dinars, and today the port has become a reality, and it will constitute a high percentage of land and sea transport work for the world.”

He stressed the need to “focus on the method of development and lay the foundation stone for it, and there is a financial abundance of oil revenues that can be invested in this project.” link

CandyKissses:
Sudanese arrives in the Russian capital Moscow on an official visit

Baghdad Today – Baghdad

Today, Tuesday (October 10, 2023), Prime Minister Mohamed Shia Al-Sudani arrived in the Russian capital, Moscow, on an official visit.

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The media office of the Sudanese in a statement received by “Baghdad Today”, that Prime Minister Mohammed Shia Sudanese arrived in the Russian capital Moscow on an official visit.

Earlier, a government source said Prime Minister Mohamed Shia al-Sudani would travel to Moscow to meet Russian President Vladimir Putin on Oct. 10-11.

“The Sudanese will leave Iraq on the ninth of October and will meet with Putin on the tenth of October and will hold working meetings on October 11,” the source said.

Tishwash:
Iraq confirms its keenness on economic and tourism openness with Poland 

The interim Chargé d’Affaires of the Republic of Iraq in Warsaw, Miqdad Ayoub Al-Mandalawi, affirmed yesterday, Monday, Iraq’s keenness on economic and tourism openness with Poland, while pointing out the importance of amending the air transport agreement and re-operating flights between the two countries.

A statement from the Ministry of Foreign Affairs, received by Al-Eqtisad News, stated that “the interim Chargé d’Affaires of the Republic of Iraq in Warsaw, Miqdad Ayoub Al-Mandalawi, received today in the embassy building, the Director of the Communications Network Department and the Director of Operational Implementation in the Planning Department, representatives of the Polish Airlines Company (LOT).” During the meeting, the possibility of amending the air transport agreement between the Republic of Iraq and the friendly Republic of Poland, signed in 1961, was discussed.

He added, “In the embassy building, they discussed reaching an agreed upon formula to update a number of articles of the air transport agreement between the two countries and adapt them to the economic and technological developments that the world is witnessing today, in addition to deliberating on re-operating direct flights between Iraq and Poland.”

Al-Mandalawi reviewed, “The security and economic developments that Iraq is witnessing, especially the large economic projects announced by Prime Minister Muhammad Shiaa al-Sudani, such as the development road and the large Al-Faw port, in addition to Iraq’s hosting of major international events and meetings such as the Baghdad Conference, the Arabian Gulf Cup Championship, and many other events.” political, economic, cultural and other sports, pointing out that Iraq has become a tourist and economic destination for countries in the region and the world.”

He stressed Baghdad’s keenness on “economic and tourism openness with Warsaw, noting that the Republic of Poland represented a tourist destination for Iraqis in the sixties and seventies of the last century, and that Iraq was at the forefront of the Arab countries that signed an air transport agreement with Poland, and has a partnership with it that extends for decades.”

For their part, representatives of Polish Airlines expressed their desire for “the idea of amending a number of provisions of the air transport agreement between the two countries signed in 1961, and adapting them to the great economic and technological developments taking place in the world of civil aviation.”

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They stressed that “the re-operation of flights between Iraq and Poland comes within the plan of the Civil Aviation Authority and Polish Airlines to expand their flight network with Middle Eastern countries, especially after the opening of the new airport in Warsaw.”

They pointed out that “it is a reliable partner for its Iraqi counterpart, and wants to build long-term cooperation, pointing to the desire of the Polish Airlines company to expand the air transport agreement between the two countries to include Erbil International Airport.”  link

Source: Dinar Recaps


CandyKisses:
What does the US Federal Reserve have to do with the federal budget?

{Economistic:Euphrates News} A senior source revealed, on Tuesday, that the US Federal Bank is behind the failure to release financial allocations in the budget.

The source told Alfrat News that “the reasons behind not releasing financial entitlements and allocations in the budget are due to the problems of the intervention of the US Federal Bank as well as belongings in the Ministry of Finance.”

“The Fed is still in control of the financial budgets,” the source said, predicting that “this will end two weeks from now.”

In June, the Iraqi parliament approved a 2023 budget of 198.9 trillion dinars ($153 billion) that includes record spending on a rising government wage bill and development projects aimed at improving services and rebuilding infrastructure destroyed by neglect and war.

Various Iraqi parties attributed the delay in launching financial allocations in the federal budget for the year 2023 to various reasons, including technical and political differences related to the Kurdistan region’s share of the budget.

For his part, a member of the Parliamentary Oil and Gas Committee, Ali Saadoun, criticized the delay of the Ministry of Finance in launching allocations and funding for ministries and governorates.

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“The parliament approved the price of a barrel of oil in the budget at $ 64 per barrel, and in fact that the oil prices since the adoption of the budget so far are at a rate of $ 80 to 90 dollars,” Saadoun told {Euphrates News,” he said to the agency, “There must be an accountant for the Minister of Finance and explain the reasons why the provinces and ministries have not yet been funded.

Tishwash:
Al-Shammari: Oil, gas and energy issues are at the top of the agenda of Sudanese discussions in Russia

The political advisor to the Prime Minister, Fadi Al-Shammari, said on Tuesday that the visit of Prime Minister Muhammad Shia Al-Sudani to Russia, during which Russian-Iraqi discussions will be held to discuss political, security and economic files and discuss bilateral relations between the two countries.

Al-Shammari added in a statement, “The summit meeting between the two presidents will include a group of strategic issues related to world peace, the energy file, and Iraq’s commitment to settling debts and related financial obligations, given their impact on Iraq’s credit rating.”

He pointed out that “President Putin expressed his aspiration to discuss security in the Middle East region and security files that enhance Iraqi internal security,” noting that “Moscow confirmed its support for the development road project that connects the ports of the Middle East with Turkey and Europe through a network of roads, railways and energy infrastructure.” And support the diversification of Iraq’s economy to reduce the heavy dependence on the oil sector.”

Al-Shammari pointed out, “The visit will include discussing oil and gas files, as cooperation in this sector is one of the most important axes of the economic partnership between the two countries.”

Al-Shammari stated, “The dangerous developments of the current events in occupied Palestine were discussed, and Iraq called on Russia to call on the permanent members of the Security Council to take urgent action and stop the ongoing attacks on the Palestinian territories and the targeting of civilians there.”

Al-Shammari warned that “oil, gas and energy issues are at the top of the agenda of the discussions, given that Iraq and the Russian Federation represent the largest oil-producing countries in the world and their impact on the stability of the oil market and its implications for global stability.”

Al-Shammari concluded the statement by saying, “Russia affirmed its position in support of Iraq’s stability and enhancing the investment environment and economic growth in the country. In addition, the cooperation of the two countries can contribute to diversifying Iraq’s economy and achieving greater sustainability in the future.”   link

Source: Dinar Recaps

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