Oil Minister: We are ready to dialogue with Kurdistan to settle the oil files

[gregp]

9 minutes ago, Boozer said:

I have been ready for Years ,, always a hold up its called Maliki, 

 

I'm sure the meeting with Maliki wasn't good for him. 

Edited September 19, 2017 by gregp

[bkeiller]

@Boozer 'Hold up' is an appropriate phrase for the robber Maliki.

[ChuckFinley]

13 hours ago, gregp said:

I emailed myself the article and it allowed me to copy. 👍👍

 

13 hours ago, yota691 said:

Thanks gregp I'll remember that!!!

Two of my favorite posters working together.  Green Emeralds for you guys.   

[gregp]

9 hours ago, ChuckFinley said:

 

Two of my favorite posters working together.  Green Emeralds for you guys.   

 

You're one of the best my friend. Your knowledge from your world travels is amazing. 

Thanks. 

 

[yota691]

Oil Minister: Iraq needs a price of 55-60 dollars a barrel

 

Economy News _ Baghdad  Oil Minister Jabbar Ali al-Allaibi said that Iraq needs oil prices between 55 and 60 dollars a barrel in order to reach a better financial situation. "Iraq aims to develop the oil industry through the national effort and with the participation of global investments," the minister said in a speech at the Energy Markets Forum, which was held on Tuesday in Fujairah, UAE, in the presence of dignitaries and interested in energy markets. He added that "the ministry is seeking to develop the oil and gas industry in Iraq through the strategic plans set up and working to implement them through the national effort or cooperation with companies to rehabilitate and develop the oil fields produced in the country, as well as conducting a geological survey to detect the new oil and gas reservoirs, Pay great attention to the optimal investment of gas associated with oil operations and petrochemical industries and the upgrading of infrastructure. "   "Iraq is in a dialogue with producers inside and outside the Organization of the Petroleum Exporting Countries to find appropriate solutions to confront the oil supply gap and the challenges facing the oil market," he said. On the relationship between the federal government and the Kurdistan Regional Government, al-Allaibi said that the door of dialogue is open with the region to discuss all the outstanding problems according to the principle that national wealth belongs to all Iraqis and that the preservation and development of it is the responsibility of everyone and we must put the national interest and preserve national wealth above all considerations.   Views 28   Date Added 20/09/2017

[nannab]

Well Minister Allaibi  in due time for now we also need a better financial situation. We have carried you

for a lot of years and now it is payback time. 

Thanks Yota and good morning DV.

[yota691]

$ 11 billion in non-oil foreign trade between the UAE and Iraq in 2016

20-09-2017 11:24 AM

Readers

 

Baghdad News -

 

 

UAE Economy Minister Sultan bin Saeed Al Mansouri said that the economic relations between the UAE and Iraq have witnessed increasing growth over the past years, driven by the two countries' desire to consolidate their cooperation in sectors of mutual interest.

 
Speaking at the opening session of the UAE-Iraq Trade and Investment Forum, which was organized in Abu Dhabi by the Abu Dhabi Chamber of Commerce and Industry in cooperation with the Ministry of Economy, he said, "The trade figures reflect this positive trend. The two countries in 2016 relatively high rate of about 11 billion dollars ». "Given the complex geopolitical challenges and economic changes in the region over the past years, we view this rate as a positive indicator of the two countries' keenness to build a close and sustainable business partnership." He pointed out that «the organization of this forum reflects the mutual desire to improve relations between the two countries to better levels», stressing that «the path of bilateral economic cooperation is open to broad potential for development and integration during the next phase».

 
The meeting was attended by the Iraqi Minister of Industry and Minerals Mohammed Shiaa Al Sudani, the Chairman of the Federation of Chambers of Commerce and Industry of the UAE, Chairman of the Abu Dhabi Chamber of Commerce and Industry, Mohammad Thani Al-Rumaithi, Undersecretary of the Ministry of Economy for Foreign Trade and Industry Abdullah Al Saleh, And more than 300 heads and directors of companies and institutions operating in the UAE and Iraq.

"The UAE and Iraq are oil exporters, and the low and volatile prices of this strategic commodity is one of the biggest economic challenges faced by oil exporting countries over the last three years," he said. He added: "This challenge produces many commonalities in the policies and development plans of both the UAE and Iraq as part of their efforts to counter the pressures resulting from this decline. This opens the door to strengthening cooperation in vital sectors that support the efforts of the two countries to build a diversified non-oil economy As the main source of income ».

He stressed that «the UAE was proactive in adopting strong development policies and adopting a flexible and sustainable economic model expressed by the UAE Vision 2021, by building a diversified competitive economy based on knowledge and innovation under the leadership of national competencies», pointing out that «the UAE, To diversify its economic base, and has made important achievements in the development of non-oil sectors, most notably industry, tourism and small and medium enterprises ».

"The UAE has launched its National Innovation Strategy, which aims to make the UAE among the world's most innovative countries by 2021, through quality investment to promote innovation in seven key sectors: renewable energy, transportation, health, education, technology, water and space, Has made significant strides in enhancing the sectors that support its sustainable development, including infrastructure, trade, logistics, finance and real estate development. " "This policy has resulted in an increase in the contribution of the non-oil sectors to about 70 percent of GDP, and efforts are being made to increase this percentage to 80 percent by 2021, in preparation for establishing the post-oil economy on the basis of sustainable growth, Great competitiveness ».

"The UAE continues its efforts to enhance its position as a regional and global hub attracting investments, driven by its many assets and incentives, which have contributed to the creation of a fertile investment environment, a modern and sophisticated infrastructure, a supportive legislative system and financial, customs and tax policies to attract capital, As well as facilitating regulatory, administrative and procedural frameworks for commercial and investment activities, enabling the country to rank first in the Arab world and 12th in the list of promising investment economies between 2017 and 2019, according to UNCTAD.

The UAE succeeded in attracting foreign direct investment of $ 9 billion in 2016, a growth of 2.2 percent over the previous year, making it the top Arab country in terms of volume of investment inflows received.

Al Mansouri said: "We view Iraq as one of the most influential countries in the economic growth of the region. It is one of the important regional destinations of the UAE in the field of development cooperation. We look forward to exploring the opportunities offered by the Iraqi markets, , And we are keen to develop the level of investment cooperation, which contributes to the reconstruction of the economy of this brotherly country and push the process of renaissance and development in various vital sectors ».

He called on the Sudanese businessmen, companies and institutions to enhance their investments and presence in the Iraqi markets, stressing "the desire of the Iraqi leadership to benefit from the expertise of the United Arab Emirates in the field of economic development and development of vital sectors and the President and support the development process in all areas.

Al-Rumaithi stressed that «the interest of businessmen and companies and institutions operating in the UAE to enter the markets and investment in Iraq», explaining that «this forum represents a unique opportunity to identify the opportunities and procedures governing the process of investment and doing business and the role that our companies and institutions can play in support of development Economic and social development in Iraq ». "Private sector companies and institutions in Abu Dhabi are ready to strengthen their contribution and provide the needs of Iraqi markets and participate in the implementation of reconstruction projects and infrastructure development and harnessing their expertise to achieve the objectives of Iraqi brothers in development and progress and development."

[sandfly]

thanks it's a coming

[nannab]

1 hour ago, sandfly said:

thanks it's a coming

 

around their mountains when it comes. Damn that explains an awful lot. 

Hi sandfly hope your doing well after all these years. lol

Edited September 20, 2017 by nannab

[davis411]

Lol  so my death 

lets go iraq

much longer all I can do is spend it

on a gold and diamond wheel chair

[yota691]

Iraqi-Emirati understandings to overcome the challenges of investment

21/9/2017 12:00 am  Baghdad / Follow-up Hussein Thugb The joint Iraqi-regional and international meetings continue in order to reach mutually beneficial forms of cooperation for Iraq and companies wishing to obtain jobs within Iraq, which is expected by a promising economy. The UAE-Iraqi Forum for Investment and Trade was held in Abu Dhabi and organized by the UAE Ministry of Economy in cooperation with the Abu Dhabi Chamber of Commerce and Industry. The Iraqi Economic Council participated in this important economic forum. The Iraqi delegation was headed by the Minister of Industry and Minerals Mohammed Shiaa al-Sudani. A large Iraqi delegation participated in the forum. The transfer of experiences and Minister of Economy and Investment Engineer Sultan Al Mansouri , UAE, expressed the seriousness of the consolidation of the UAE and the transfer of experiences and stories of economic success achieved in the UAE to brotherly Iraq. Stressing the decision of the UAE government to encourage UAE institutions and companies to work and cooperate with their counterparts to invest in Iraq. Investment work In turn, the Iraqi Minister of Industry and Minerals Mohammed Shiaa al-Sudani, spoke comprehensively and praised the great interest of the UAE government in the Iraqi Shan and the establishment of this forum, and then conveyed the greetings of the Iraqi government, particularly the Prime Minister, expressing serious desire to cooperate with government companies and the private sector in the UAE Difficulties facing investment work for the purpose of starting the implementation of large and strategic investment projects in Iraq. The National Investment Authority has a prominent presence through a presentation by Dr.  Nizar Nasser, Director General of the Legal Department of the Commission on the guarantees and options provided by the Investment Law No. 13 and successive amendments to investors, and a detailed presentation of the most important investment opportunities available in Iraq in various sectors and in all Iraqi provinces  . The forum included organizing a workshop that included bilateral meetings between the delegation of companies and the Iraqi private sector with their Emirati counterparts. Economic Experiences The economic expert, Haidar Kazem al-Baghdadi, pointed out the importance of communication with the countries of the region and the world who have successful economic experiences and work to employ them to serve Iraq, which suffers from a decline in economic performance. He pointed out that Iraq has the elements of work represent important elements of the international effort specialized, noting the importance of us to have a role in the important chapter through the work of the concerned departments to smooth the steps that are confusing for investment work and there is no suitable environment for foreign companies  .  He added that Iraq must work to cooperate with the developed economies and start from where the world ended. The world is witnessing rapid developments in all aspects of the work, which necessitates us to communicate with the evolving international effort and build bridges of continuous cooperation that achieve mutual benefit between the two parties. Haidar Kazem al-Baghdadi pointed out the importance of the role of the financial sector in providing products that can deal with the large numbers required by the reality of the Iraqi economy in all productive sectors.

[nannab]

My goodness they are all moving like hell is on fire. Just imagine what has been accomplished behind the scenes.

Yes some times I make myself crazy  and I love the company.   Thank you our Yota.

[davis411]

4 minutes ago, nannab said:

My goodness they are all moving like hell is on fire. Just imagine what has been accomplished behind the scenes.

Yes some times I make myself crazy  and I love the company.   Thank you our Yota.

crazy

 I love crazy

lets beat a clown

pull a luigi

adam vp

davis prez

whhhoooo tired grab me a drink

 

looking forward to vegas friends

give us please god

what you will

let us be your vessel

 

beers on you nannab

 

twice

[nannab]

Drinks on their way I can't run fast anymore just yell when ready and I'll slide them down the bar. Vegas or Bust !!!!!. Amen Mr. President 

[Wiljor]

IRAQI MINISTER SAYS READY TO SETTLE OIL ISSUES WITH KURDISTAN REGION

Iraq, September 20, 2017 Iraqi Oil Minister Jabar al-Luaibi said on Tuesday (September 19) he was ready for dialogue with the Kurdistan Region to settle oil issues. Luaibi said his country needs an oil price between $55 to $60 a barrel for a better financial situation, CNBC Arabiya reported on Tuesday. Speaking at an energy conference in the United Arab Emirates earlier on Tuesday, Luaibi said Iraq did not see the need for oil producers to reduce output further. Tensions between the Kurdistan Regional Government (KRG) and central government hit a high in 2015 after officials from both sides accused each other of failing to abide by the terms of an oil revenue sharing deal struck by officials in December 2014. Officials from Baghdad and Erbil signed a revenue sharing deal, under which the KRG would receive 17 percent of the federal budget in exchange for exporting 550,000 barrels of oil per day to the Iraqi State Organization for Marketing Oil (SOMO) at Ceyhan Port in Turkey. That deal collapsed months later when the KRG ceased transfers to SOMO altogether. Baghdad in turn stopped the transfers of budget payments. nrttv   http://iraqdailyjournal.com/story-z15916369

[ChuckFinley]

Thanks Wiljor, at this rate I maybe down to see you in the coming days.  

[Wiljor]

9 minutes ago, ChuckFinley said:

Thanks Wiljor, at this rate I maybe down to see you in the coming days.  

 

Would be an honor Chuck, but I'm in Italy right now, have to wait till I get home     

[ChuckFinley]

58 minutes ago, Wiljor said:

 

Would be an honor Chuck, but I'm in Italy right now, have to wait till I get home     

Dang. Italy works for me. Love Europe, skied Italy and it was excellent.  

[10 YEARS LATER]

2 hours ago, ChuckFinley said:

Dang. Italy works for me. Love Europe, skied Italy and it was excellent.  

 

Italian Chics Be HOT ! ! !  Oh Lordy, the Italian Riviera sizzles ! ! ! !

[Wiljor]

6 hours ago, ChuckFinley said:

Dang. Italy works for me. Love Europe, skied Italy and it was excellent.  

 

3 hours ago, 10 YEARS LATER said:

 

Italian Chics Be HOT ! ! !  Oh Lordy, the Italian Riviera sizzles ! ! ! !

 

 

[Freedomwish]

20 hours ago, nannab said:

My goodness they are all moving like hell is on fire. Just imagine what has been accomplished behind the scenes.

That part right there.................I say it's a done deal - not ready to open the doors to the world yet but it's signed on the table!!! 

Edited September 21, 2017 by Freedomwish
I need a drink

[Half Crazy Runner]

18 minutes ago, Freedomwish said:

That part right there.................I say it's a done deal - not ready to open the doors to the world yet but it's signed on the table!!! 

 

I agree with you Freedomwish! That's what I've been feeling the last couple of days 

[ChuckFinley]

16 hours ago, 10 YEARS LATER said:

 

Italian Chics Be HOT ! ! !  Oh Lordy, the Italian Riviera sizzles ! ! ! !

I know, my son did a semester in Italy. I told him that his first choice of duty station oversea should be Italy, hands down. 

[ChuckFinley]

12 hours ago, Wiljor said:

 

 

 

I know what you mean  

[Freedomwish]

20 minutes ago, Half Crazy Runner said:

 

I agree with you Freedomwish! That's what I've been feeling the last couple of days 

KEEPING THE FAAAAAAAITH!!!