TNT
CandyKisses:
Al-Sudani reaffirms the need to end the tasks of the international coalition in Iraq
Information/Baghdad.
Prime Minister Mohammed Shia Al-Sudani on Monday reiterated Iraq’s vision on ending the mission of the international coalition to fight I**S.
A statement by the Sudanese office received by Al-Maalouma said that he “received, the Dutch ambassador to Iraq, Hans Sande, and during the meeting they reviewed bilateral relations between the two countries and ways to enhance them.”During the meeting, he pointed to Iraq’s openness to all forms of partnership and joint work in various fields, in particular the activation of the Joint Water Council between the two countries, in addition to the importance of the Netherlands assuming the leadership of the NATO mission in Iraq in mid-May.
According to the statement, Al-Sudani renewed “Iraq’s vision on the mission of the international coalition to fight I**S, in the next stage, which must include joint technical work to end this mission, and move to the levels of bilateral security and military cooperation .
For his part, the ambassador handed over, during the meeting, an official invitation to Dutch Prime Minister Mark Rutte to visit the Netherlands in order to discuss more partnership opportunities between the two countries, and to convey his government’s desire to increase levels of cooperation, Pointing to the positive relations between the Netherlands and Iraq, as well as the desire of Dutch companies to work within Iraqi development programs and infrastructure reconstruction.
Tishwash:
Al-Sudani receives an official invitation to visit the Netherlands
The Prime Minister, Mr. Muhammad Shiaa Al-Sudani, received the Dutch Ambassador to Iraq, Mr. Hans Sande, and during the meeting, they reviewed bilateral relations between the two countries and ways to enhance them.
During the meeting, His Excellency pointed out Iraq’s openness to all forms of partnership and joint work in various fields, in particular the activation of the Joint Water Council between the two countries, in addition to the importance of the Netherlands assuming leadership of the NATO mission in Iraq, mid-May.
Mr. Al-Sudani renewed Iraq’s vision regarding the mission of the international coalition to combat I**S, in the next stage, which must include joint technical work to end this mission, and move to the levels of bilateral security and military cooperation.
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For his part, the ambassador delivered, during the meeting, an official invitation to His Excellency from the Dutch Prime Minister, Mr. Mark Rutte, to visit the Netherlands in order to discuss more opportunities for partnership between the two countries, and to convey his country’s government’s desire to increase levels of cooperation, pointing to the positive relations between the Netherlands and Iraq. In addition to the desire of Dutch companies to work within Iraqi development programs and infrastructure reconstruction.
Prime Minister’s Media Office
15-January- link
CandyKisses:
Iraq plans to stop international borrowing this year
Mawazine News-Baghdad
Advisor to the Prime Minister for Technical Affairs, Engineer Muhammad Al-Daraji, Chairman of the Committee to Review Foreign Foreign Loans to Iraq, revealed that the government is seeking to stop loans that do not benefit the country.
Al-Daraji said, in a statement to the newspaper (Al-Sabah) followed by / Mawazine News / “Iraq entered after 2003 a new wave of foreign loans and debts due to low oil prices and insufficient budget in most cases.”
He added that “there was clear confusion and differences in estimating the size of Iraq’s new foreign debt due to the existence of other debts before 2003,” noting that “the new debts must have a clear picture of them in order to take appropriate measures in dealing with them in order to preserve the country’s economy and its credit rank globally.”
Al-Daraji explained that “loans are distributed between ministries and provinces in exchange for projects, and the task of the committee, which formed the inventory of loans and find out what projects, ministries or provinces benefited from them and what is their condition,” noting that “debts entail interest that burdens Iraq and must be liquidated and reach final results in knowing the size of debts and how to repay them and their value for the economy.”
The Prime Minister’s Advisor for Technical Affairs said that “these debts may have been taken for certain reasons, but there is no added value to the Iraqi economy, which makes us study the debts again and proceed with the implementation of the projects for which the debt was borrowed, and if they are useless, they must be stopped and the debts returned to improve Iraq’s financial situation internationally.”
It is noteworthy that foreign foreign loans to Iraq are estimated at $ 25 billion, and the formation of this committee comes after those loans burdened the country during the past twenty years.
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Tishwash:
Economist: The Iraqi Central Bank returns to the forefront with a new strange decision!
Economic researcher, Ziad Al-Hashemi, said on Sunday that the Central Bank opened a new door to withdraw the dollar under the pretext of “borrowing” and then repaid the value of these dollar loans in dinars and at the official rate, without specifying any controls or standards that control dollar borrowing operations, which makes it a potential method. To receive the dollar and smuggle it or sell it for cash at the parallel price, and then repay its value at the official price and profit from the price differences.
Al-Hashemi stated in a post on the “X” platform, that “the Iraqi Central Bank returns to the forefront with a new strange decision, as many were optimistic about the recent steps of the Iraqi Central Bank and considered them (reform) measures that will contribute to supporting the dinar, controlling the leakage of national hard currency, and stabilizing exchange rates, but It seems that the management of the Central Bank wants to raise controversy, suspicions and speculation again, through some strange decisions.”
He explained, “The Central Bank opened a new door to withdraw the dollar under the pretext of (borrowing) and then repaid the value of these dollar loans in dinars and at the official rate (according to the book below), and this book (according to its wording) does not specify any important controls or standards that control dollar borrowing operations, which This makes it a potential way to receive the dollar and smuggle it or sell it for cash at the parallel price, and then repay its value at the official price and profit from the price differences.”
He stated, “This potential fraudulent exploitation of the Iraqi dollar will refuel the smuggling and money laundering networks with cash dollars, and will increase the wealth of speculative parties (already wealthy) in dollars through differences in exchange rates.”
The economic researcher called on “the Central Bank to reconsider this book and discuss its potential repercussions on the Iraqi markets and economy, and to amend it in a way that preserves Iraqi funds and does not provoke the Fed again.” link
Source: Dinar Recaps
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Tishwash:
So are they in or not?
Iraq returns to the World Trade Organization 14 years after its expulsion
Iraq is preparing for a major change in the trade file with the countries of the world and is preparing to exceed the limits set for Iraqi goods, with its return to the World Trade Organization 14 years after it was expelled as a result of its failure to adhere to the organization’s meetings.
The head of the Kingdom of Saudi Arabia’s mission to the World Trade Organization/the Saudi Permanent Representative to the World Trade Organization and responsible for the file of Iraq’s accession to the World Trade Organization, Saqr al-Muqbel, visited Iraq today, Monday, and delivered a speech in which he reviewed the importance of joining the World Trade Organization.
Al-Muqbil said in a press conference followed by Al-Iqtisad News, “I find Iraq’s accession to be a serious message from Iraq to the whole world, that Iraq is continuing its path of engagement with the whole world,” adding: “I find myself among my loved ones and brothers to do everything we have for your participation.” “The Kingdom’s successful experience in joining the World Trade Organization.”
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He explained, “The Kingdom joined the World Trade Organization in 2005, and our non-oil merchandise exports amounted to about 18 billion dollars, and exports have now reached 84 billion dollars with the world,” noting that “the Kingdom’s service exports alone amounted to about 11 billion dollars in 2005 and have now reached more than 34 billion dollars.
He pointed out that “these achievements depend on Iraq’s signals to join and accelerate its pace to find Iraq in its usual position and as one of the largest economies in the Arab region and the Middle East.”
For his part, the Iraqi Minister of Commerce, Atheer Al-Ghurairi, said, “Iraq is taking steps to return as a strong economic player by opening relations with Arab countries and all countries of the world,” noting that “today, within a year, we were able to finalize three files and submit them to the committee related to Iraq’s accession to the World Trade Organization.” global trade in goods and services.
He stated that “Iraq joined as an observer in the World Trade Organization in 2004, and in 2009 Iraq stopped meetings and reached the point of being removed from the organization, and last year 2023, through continuous work on that and with the help of Saudi Arabia and the head of the Saudi mission in the organization, Iraq returned as an observer to the organization.” Global trade, and we accomplished in one year the equivalent of more than 15 years’ work.”
Regarding the benefit of joining, Al-Ghurairi explained, “It means that the Iraqi economy enjoys any specifications enjoyed by world economies, but this does not replace the necessity of internal reform.”
He stated that “opening the doors to Iraqi goods and trade exchange through global controls will protect Iraq from entering the global market with its weight in the event that it fulfills its requirements and that our production is international and not local,” noting that “Iraqi goods are now not allowed to go outside certain borders, and joining is possible.” To reach the farthest country in the world link
The President of the Republic to a Saudi delegation: Iraq is keen to join the World Trade Organization
The President of the Republic, Abdul Latif Jamal Rashid, received today, Monday, the Saudi Ambassador to Iraq, Abdul Aziz Al-Shammari, and the representative of the Kingdom of Saudi Arabia to the World Trade Organization, head of the team concerned with Iraq’s accession to the World Trade Organization, Saqr Al-Muqbel, and their accompanying delegation.
A statement from his office, a copy of which {Al-Furat News} received, stated: “At the beginning of the meeting, the Saudi ambassador conveyed the greetings of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, King of the Kingdom of Saudi Arabia, and Crown Prince Mohammed bin Salman to the president and their wishes to the Iraqi people for further progress and prosperity.” While Rashid conveyed to the ambassador his greetings to the Custodian of the Two Holy Mosques and to the Crown Prince, and his wishes to the Saudi people for further prosperity and development.
Irshid stressed, “Iraq’s keenness to join the organization by achieving the commercial and economic standards required in this regard,” praising “the role of the Kingdom of Saudi Arabia in bringing viewpoints closer and pushing towards establishing stability and peace in the region,” praising “the efforts made by the team concerned with Iraq’s accession to the WTO.”
International and its meetings with the National Committee for the purpose of accelerating the completion of this file and in a way that contributes to the development of the trade system and the achievement of stability and sustainable development.
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He pointed out “the importance of benefiting from the experience of the Kingdom of Saudi Arabia in this aspect,” referring to “the positive developments in Iraq that have had a positive impact on the lives of Iraqis as a whole,” stressing that “the government has attached importance to establishing security and stability, developing economic activity, and encouraging foreign investment in the country.” And to consolidate relations with neighboring countries and the world,” noting that “Iraq was an active member in most international organizations.”
In turn, the Saudi ambassador affirmed the Kingdom’s keenness to support Iraq in international forums and stand by its side in enhancing security stability, development and progress in the economic and energy fields, noting that “Iraq is moving forward towards the process of reform, development and progress in various fields.”
For his part, Saqr Al-Muqbel reviewed the results of his meetings in Baghdad, which took place with the Iraqi National Committee for the Republic of Iraq’s accession to the World Trade Organization, expressing his “satisfaction with the steps taken by Iraq in order to implement the required standards, and affirming his country’s support for Iraq’s accession to the World Trade Organization.”
The head of the concerned team stated that “Iraq’s accession to the organization is a gain for the region and the world, and will contribute to developing and expanding the progress achieved in financial services and improving the foreign investment environment.” link
The Minister of Commerce announces the completion of three files related to Iraq’s accession to the World Trade Organization
The Minister of Commerce, Atheer Al-Ghurairi, announced today, Monday, the completion of three files related to Iraq’s accession to the World Trade Organization, while indicating that Iraq will be an influential player in the international economic system.
Al-Ghurairi said in a conference attended by the correspondent of the Iraqi News Agency (INA): “The visit of the head of the mission of the Kingdom of Saudi Arabia and the head of the team concerned with Iraq’s accession to the World Trade Organization, Ambassador Saqr Abdullah Al-Muqbel, to Iraq is important and is a serious expression and signals that Iraq is continuing with its obligations according to the platform.”
It is a solid government program whose steps are calculated through promising plans that have begun to bear fruit,” indicating “the importance of Iraq’s accession to the World Trade Organization, which comes through a working group in an international committee concerned with accession, which is the committee concerned with the accession of concerned countries to global trade, headed by the Ministry of Commerce and the head of the technical team is the ambassador.” “Known historically for seriousness, it is also a good sign of the development of relations and the sincerity of intentions of the
Kingdom of Saudi Arabia and its good initiatives as a people and government under the leadership of this team.”
He added, “The team will take real steps that will shorten the path to Iraq’s accession to the World Trade Organization and benefit from the advantages offered by this accession. It will be part of the organized group to enjoy the privileges. It is also a solid step essential to building a solid Iraqi economy whose steps began with the government program and the ministerial approach and will be completed by the hands of the Iraqis and with the help of Iraqis.” “Siblings.”
He stated that “what the team accomplished within one year after Iraq joined the World Trade Organization as an observer in 2004, the meetings and work of this team continued until 2009, but since that year this file has been disrupted and we have reached the expulsion and suspension of observer status from the World Trade Organization. However, it is Within the government program and ministerial platform, Iraq will return to being a strong economic player, as well as an important and positive international political player, and to open relations with Arab countries and all countries of the world.”
He stated that “the team was able, within one year, to complete three files and submit them to the committee for final negotiation and approval, including those related to the file of trade in goods and services, as well as plant health and other files,” pointing out that “with our selection to head the team, Saqr Abdullah Al-Muqbel, is that there is a new phase.” “For this team to perform positively.”
He stressed that “Iraq cannot be outside the international economic system, but rather it will be a player and influencer in it, and through reforms on the ground, the fruits of which our people will reap soon.”
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He stressed that “the signs of these measures and improving the business and investment environment will bring great benefit to our people and the economy of our country.” link
Source: Dinar Recaps
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Tishwash:
American politicians: The United States may seize Iraq’s funds if it withdraws its forces
A report by the American Century Institute website confirmed that although the numbers have decreased significantly from a peak of about 130,000 soldiers during the American invasion of Iraq in 2003, there are still about 2,500 American soldiers stationed in Iraq and they are mostly there as part of the coalition. The international presence under the pretext of fighting I**S.
The report, translated by the “Al-Ma’louma” Agency, stated that “demands to remove American forces from Iraq escalated after the assassination of General Qassem Soleimani and the Deputy Head of the Popular Mobilization Forces, Abu Mahdi Al-Muhandis, near Baghdad Airport, and the demands increased due to the American position in the war in Gaza and the United States’ support for the Israeli aggression.” On the Palestinian people.”
Political analyst Sajjad Jiyad said, “If we are really honest, the discussion about the American presence has moved from the anti-I**S mission,” adding, “Iraq does not need the same amount of support that it needed in the past, and the Iraqis have sufficient capabilities to prevent I**S from relaunching.” A widespread insurgency, but the United States sees Iraq as a place from which it can confront so-called Iranian influence, and its bases in the country serve American strategic purposes.”
The report stated, “The United States made clear that it wanted to remain in Iraq, while Jiyad explained that if they were to leave permanently, or if they were forced to leave, the Americans indicated that this might change things for the worse.”
Jiyad stated, “Forcing American forces to leave may cause problems, including the threat of sanctions, the possibility of detaining billions of Iraqi foreign reserves currently in the United States, and stopping military cooperation in the field of armaments.”
Jiyad concluded his speech by saying, “I think that the Iraqi government is in a very difficult situation at the present time and may want to negotiate a way out of this situation because it depends only on the seriousness of the events on the ground.” link
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Source: Dinar Recaps
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