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coorslite21

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coorslite21 last won the day on June 21 2021

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  1. Not sure how important the WTO ascension is for a RV of the IQD....Vietnam is a WTO member, and look at the value of the VND. On the other hand you have the HCL....and how the 3 Iraqi States divide funds... My personal belief is the Kurds are far advanced above the Shite and Sunni factions..even during the "war" US Military could walk the safe streets of Erbil without carrying weapons. With only a third of the representation I have to wonder how long it will take to get the 17% they have asked for for a long time now... In addition to my thoughts of the overstated importance of the WTO let me add the UN to that list as well as the WEF...sure great in concept....but what do they ever accomplish? You know the US has more than 1000 Military bases around the World.....Russia just 23, mostly regional....and China just 5, with 4 in Antarctica...(wonder what that's about?) I believe a transition in the monetary systems worldwide is in process. It's not as easy as pushing a button.....BRICS & Company will play a major role in this, as will AI, Quantum Computing, and a number Blockchain projects.... Enjoy the week..... CL
  2. This sounds like the wisdom of Yota to me.....😮 CL
  3. Pretty great title don't you think???? Progress...CL Deputy Prime Minister And Foreign Minister Fuad Hussein Chairs 8th Meeting Of Ministerial Council For Economy 12 Mar Minister News 83 On Monday, March 11, 2024, Deputy Prime Minister and Foreign Minister Dr. Fuad Hussein, chaired the eighth meeting of the Ministerial Council for Economy 2024, the Meeting was attended by Deputy Prime Minister and Minister of Planning and the Ministers of Finance, Agriculture, Industry, the Secretary General of the Council of Ministers, the Governor of the Central Bank of Iraq, Chairman of the Securities Commission and the Prime Minister’s advisors for economic and legal affairs. The Council, decided to form a committee to regulate trade and imports in Iraq, which includes Prime Minister’s advisors for economy and representatives of the Ministry of Commerce, the Central Bank of Iraq, customs, taxes, and relevant authorities. The Council also decided to approve the completion of the Al-Wahda district sewer project and remove constraints holding back its implementation. In order to develop the agricultural sector and to revive palm cultivation in Iraq, the Council decided to amend the instructions on importing and exporting, in order that import license is valid for two years from the date of granting the license instead of one year, especially for textile palm seedlings. In addition to, and for supporting the Iraqi missions abroad, the Council decided to allow the import of a personal vehicles for employees of diplomatic missions for three times only throughout the period of their service, and recommended the Council of Ministers to exempt it from customs duties. As well as, for supporting the private industrial sector, the Council decided to recommend the Council of Ministers to unify the percentage of reducing the prices of naphtha, natural gasoline and condensate products for all sectors to be 50% less than the international bulletin. The Council decided to unify support for projects approved by the National Investment Commission and the General Directorate of Industrial Development. The Council also decided to approve an increase in the cost of the project to streets and pavements tiling and developing and in Tuz Khurmatu district in Salah Al-Din. © 2024 Ministry of Foreign Affairs of the Republic of IRAQ All Rights Reserved
  4. Pretty likely with Ramadan now taking place any odds of seeing a revaluation in the next month have been diminished...JMO. CL
  5. The Cresent Moon indicates the start.....March 10th about noon.....around 6 hours from now as I understand it....CL
  6. Reported by Chella Smitm Iraqs CBI Purchasing Goods In Five Foreign Currencies The Iraqi Central Bank has confirmed its provision of five foreign currencies as an alternative to the dollar for merchants. The Central Bank of Iraq has provided five alternative currencies to the dollar for merchants to use in purchasing goods from other countries. These currencies include the euro, Chinese yuan, Turkish lira, Emirati dirham, and Indian rupee. These currencies are used to finance foreign trade, allowing merchants to pay the Iraqi dinar to the bank and pay to Chinese companies and factories in the Chinese currency. CL
  7. Perhaps The IMF is smart enough th realize Iraq is a BRICS country now. Iraq no longer needs the IMF...WTO...or US.... CL
  8. Wait for it....... It's Trumps fault!!!! 🤣🤣💕🤣💕💤
  9. Just another "BRIC(S)" in the wall..... compliments to the worse President in US history! CL
  10. Reported by Chella Smith International Monetary System The international monetary system indicates a decrease in inflation rates and the stability of the foreign exchange market in Iraq. Iraq's Ministry of Finance has reported a significant decline in inflation rates, resulting in lower food and energy prices. The IMF has pledged to support development programs in areas such as public financial management, digital transformation, banking, retirement, and customs sectors. The IMF mission also praised the strong growth in the non-oil sector during 2023, a decline in inflation rates, and the stability of the foreign exchange market. The IMF's Article IV consultations are bilateral meetings held annually between the IMF and member states. CL
  11. Yes....and Iraq exports oil....lucky for them the trading is done in the Petrodollar.. CL
  12. Goldilocks Article Quote: “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is held in... The capital, Abu Dhabi,” Iraq is currently participating in the World Trade Organization. Their potential membership is moving forward. As a full member of the WTO, they will need a rate to fully participate in this inclusion. This is truly a monumental achievement for Iraq and something the world has been waiting for for a long time. ...There are high expectations that full acceptance into the WTO for Iraq will happen during this meeting taking place... Vietnam WTO since2007...rate today is worse than Iraq. CL
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