TNT
Tishwash:
Member of Parliamentary Investment: An economic forum in Iraq attended by giant foreign companies
Member of the Parliamentary Investment Committee, Asaad Al-Bazouni, stressed the country’s need for investment projects in economic development, agricultural, industrial, and health fields.
Al-Bazouni told {Al-Furat News} agency, “Basra is considered a good incubator for investment, especially foreign investment, as large foreign companies intend to invest in the province, and all of this requires security stability to attract investors.”
He stated that “the Ministry of Industry’s adoption of the Investment Partnerships Forum in the presence of investors and giant foreign companies is considered a good step with the presence of the security, investment and environmental incubator.” link
CandyKisses:
Sudani: Economic reform is its gateway to financial and banking reform
Prime Minister Mohammed Shiaa Al-Sudani said on Thursday that: “Economic reform is its gateway to financial and banking reform,” while noting that “the government is committed to providing the dollar at the official price, and stressed its keenness to end the suffering of Kurdistan employees due to their salary delays,”
Al-Sudani said in a televised interview followed by “informed” that: “Conducting the population census is the first steps to implement Article 140 of the Constitution was postponed to 2024 after it was scheduled to be held this year because of the provincial council e-------s,” pointing out that “it is time to raise the outstanding problems between Baghdad and Erbil, which lies at the border and budget ports.”
He added, “We went to borrow from the Ministry of Finance to pay the salaries of the employees of the Kurdistan region and we are with finding a solution with a legal amendment that considers the employees of the Kurdistan region like the rest of Iraq’s employees,” stressing that “the government is keen to end the suffering of the crisis of the salaries of Kurdistan employees.”
On the other hand, “economic reform is its gateway to financial and banking reform and the issue of the exchange rate requires this reform and we are committed to providing the dollar at the official rate to traders, investors, contractors, students and travelers.”
He pointed out that “95 percent of our trade now passes through the electronic platform and there are those who circumvent the law and buy the dollar at the parallel price because he does not want to implement legal procedures.”
Advertisement
______________________________________________________
“We will not accept that the official dollar rate is equal to the parallel rate because it encourages smuggling,” he stressed. On foreign trade, Al-Sudani said: “There is no problem for the Iranian side in dealing with trade with Iraq in dinars or toman.”
“The problem of commercial transfers to Turkey has been solved by opening accounts in Turkish lira,” he continued. He stressed that “food prices have remained stable, despite the attempt of manipulators to speculate on the price of the dollar.”
E-------l silence comes into effect in preparation for local e-------s in Iraq
Baghdad today – Baghdad
The period of e-------l silence entered into force today, Friday (December 15, 2023), in preparation for the start of the voting process for the governorate council e-------s.
The special voting e-------s will be for “military personnel.” On Saturday, December 16, therefore, the e-------l silence began today, Friday, at six in the morning and will end with the closing of the last voting box on December 18 in the general vote.
E-------l silence is a period determined by law that precedes every presidential or parliamentary e------n, during which the practice of political p--------a is prohibited, during which all independent and coalition parties and lists are prohibited from engaging in any activity within the framework of their e-------l campaign, and during which candidates are strictly prohibited from carrying out any operation that falls within the framework of promotion, p--------a, and gaining favor. Voters.
The E-------l Commission confirms that failure to abide by e-------l silence is considered a violation of e-------l p--------a and falls under the concept of violation of e-------l p--------a and therefore will bear legal responsibility and the penalty resulting from this violation is subject to the discretion of the Council.
Tishwash:
Al-Sudani: The Iranian side has no problem in dealing commercially with Iraq using dinars or tomans
Prime Minister Muhammad Shiaa Al-Sudani said today, Thursday, that: “Economic reform begins with the financial and banking sectors,” while noting that “the government is committed to providing the dollar at the official rate,” and stressed that “there is no problem on the Iranian side in dealing commercially with Iraq in dinars.” Or toman.
Advertisement
______________________________________________________
Al-Sudani said in a televised interview followed by “Al-Mutala’” that: “Conducting the population census, the first step in implementing Article 140 of the Constitution, was postponed to May 2024 after it was scheduled to be conducted this year due to the governorate council e-------s,” pointing out that “the time has come to lift the census.”
The outstanding problems between Baghdad and Erbil lie in the border crossings and the budget.” He added, “We went to borrow from the Ministry of Finance to pay the salaries of the employees of the Kurdistan region, and we are in favor of finding a solution with a legal amendment that considers the employees of the Kurdistan region as equal to the rest of the employees of Iraq,” stressing, “The government is keen to end the suffering of the Kurdistan employees’ salaries crisis.” On the other hand, he stressed, “Economic reform is the gateway to financial and banking reform, and the issue of the exchange rate requires this reform. We are committed to providing the dollar at the official rate to merchants, investors, contractors, students, and travelers.
” He pointed out, “95 percent of our trade now passes through the electronic platform, and there are those who circumvent the law and buy the dollar at the parallel price because they do not want to apply legal procedures.” He stressed, “We will not accept that the official price of the dollar be equal to the parallel price, because that would encourage smuggling.” Regarding foreign trade, Al-Sudani said: “The Iranian side has no problem in dealing commercially with Iraq in the dinar or toman currencies.”
He continued: “The problem of commercial transfers to Turkey has been solved by opening accounts in the Turkish lira.” He stressed that “food prices remained stable, despite the attempts of manipulators to speculate on the price of the dollar.” link
Source: Dinar Recaps
=======================================
Tishwash:
wow g7 meeting about Iraq hmmmm what reform could they be concerned with?
Romanowski: A fruitful meeting of the seven countries on ways to support Sudanese reforms
The US Ambassador to Baghdad, Alina Romanowski, described today, Friday, a meeting of the G7 ambassadors, during which they discussed ways to support the reforms undertaken by Prime Minister Muhammad Shiaa Al-Sudani, as “fruitful”. Romanowski published in A blog post on “X” showed pictures from the meeting, saying:
“A fruitful meeting with the ambassadors of the Iraq Economic Liaison Group in the G7, where ways were discussed to support the reform agenda of the Sudanese Prime Minister, strengthen the strong private sector, attract investment, and increase opportunities.” “I am honored to be the head of the group in cooperation with the Italian ambassador and to hand over the presidency to the British ambassador and the French ambassador.” link
Two travelers were arrested in possession of (83) MasterCard cards prepared for smuggling at Baghdad International Airport
Today, Friday, the Border Ports Authority announced the arrest of two travelers in possession of (83) MasterCard cards prepared for smuggling at the Baghdad International Airport port.
The authority revealed in a statement, a copy of which was received by NRT Arabic, that the Baghdad International Airport Port Directorate was able to arrest two Iraqi travelers in possession of 83 MasterCard cards hidden without declaring them.
The statement added that the seizure process was carried out in joint cooperation with the Airport Customs Center and the Customs Police through careful inspection, noting that a committee was formed, a fundamental arrest report was organized, and the a-----d were referred to the Airport Police Center to take appropriate legal measures. link
CandyKisses:
The US Treasury Secretary calls on China to abandon its economic policy
US Treasury Secretary Janet Yellen called on China to abandon its “unfair directed economic policy.” Because it discourages investors and punishes the Chinese economy and American companies alike.
Yellen said in a speech before the US-China Business Council in Washington on the occasion of its 50th anniversary that “For too long, American workers and American companies have not been able to compete on equal terms with their counterparts in China”.
Advertisement
______________________________________________________
She added that if “Beijing moves away from its directed economic approach in the areas of industry and finance, it will be better for China.” It will also be beneficial for American companies.
She stressed that “a very important role for public companies could stifle growth, and an excessive role for security services could hinder investments” .
For his part, Chinese President Xi Jinping confirmed in a letter to the US-China Business Council that the modernization his country is witnessing will benefit American companies.
US companies have long complained about what they see as an unfair business environment in China.
According to Washington, the intellectual property of American companies is not properly protected in China, and the Chinese government gives national companies preferential treatment at the expense of foreign companies.
But the Chinese President stressed in his message that Beijing “will work steadily to promote high-level openness to the outside world, and create a business environment based on internationalization, a market economy, and the rule of law”.”. /span>
In his message, Xi stressed that “Chinese modernization will bring more opportunities for global companies, including American companies”.
The message, according to what was reported by the CCTV network, added: State TV: “There is great potential, wide space, and promising prospects for enhancing trade cooperation between China and the United States”.”
In her speech, the US Secretary stressed the need to manage the inevitable differences between China and the United States in a “responsible”.
She said: “The United States seeks to continue responsible management of the bilateral economic relationship between the United States and China.” Which will continue to “face continuing difficulties”.
Advertisement
______________________________________________________
She continued, “We do not seek to resolve all our differences or avoid all shocks. This is not realistic in any way,” pointing to “strong differences between the United States and China in many areas”.”
The two largest economies in the world have recently been seeking to ease the severe tensions that their bilateral relationship has witnessed in recent years.
Several officials from President J-------n’s administration made official trips to China, including Yellen.
In November, the US President and his Chinese counterpart Xi Jinping held a summit in California during which they agreed to resume military contacts.
Yellen intends to make a second visit to China in 2024, during which she will discuss with her Chinese counterpart “difficult
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
