Kuwait calls on countries participating in the conference to rebuild Iraq to fulfill their obligations

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Al-Abbadi meets with the President of the World Bank and the Secretary-General of the United Nations

Release date: 2018/2/14 13:05 • 38 times read

(Baghdad: Al-Furat News) Prime Minister Haider al-Abadi met on the sidelines of the Iraq reconstruction conference held in Kuwait, World Bank Group Chairman Jim Young Kim.

Abadi also met on the sidelines of the conference with UN Secretary-General Antonio Guterres

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United Nations: Iraq is ready to reform the financial and economic sectors

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February 14, 2018

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UN Secretary-General Antonio Guterich declared Iraq ready to reform the financial and economic sectors.
Guterich said in his speech to the Iraq reconstruction conference held in Kuwait, “The United Nations development programs are working in 25 areas in Iraq to help Iraqis and develop their living reality.”
“The United Nations is launching a grant program that will help repair infrastructure, improve the day-to-day and help improve economic reforms and revitalize the affected areas,” he said.

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URGENT The World Bank contributes $ 4.7 billion to Iraq's reconstruction

Editorial date: 2018/2/14 11:17 • 294 times read

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Abadi and Tirlson: Iraq at an important turning point in its history

Release Date: 2018/2/14 12:26 • 70 times read

(International: Al Furat News) US Secretary of State, Rex Tillerson, affirmed his country's support for a unified, democratic and prosperous Iraq and a stable and viable Kurdistan region within the framework of the Iraqi state.

This came during a meeting with Prime Minister Haider Abadi Tuesday evening on the sidelines of the ministerial meeting of the international coalition against Daqash, which was held in Kuwait in conjunction with the International Conference for the Reconstruction of Iraq. 
State Department spokesman Heather Neuert said at a news conference after the meeting that officials had discussed ways to speed up the work to stabilize Iraq and bring back millions of displaced Iraqis to their homes after the victory over the "calling." 
The officials stressed that Iraq is at an important juncture in its history and discussed the US-Iraqi relations in the post-stage and the important role of the strategic framework agreement to promote cooperation between the two countries, particularly in the fields of trade and finance.
Noiret pointed out that Tillerson assured Abbadi that the Kuwait International Conference for the Reconstruction of Iraq would provide an important opportunity for the Iraqi government to present investment opportunities attractive to foreign investors including many US companies.

[yota691]

Today .. Abadi chairs the closing session of the Conference on the reconstruction of Iraq

14/2/2018 12:00 am    Under the patronage of the Amir of Kuwait and with the participation of the delegations of 70 countries and dozens of international organizations  Kuwait / Abbas Abboud / Mohammed Ismail / Photography / Ali Gharabawi  Under the patronage of Prime Minister Haidar al-Abadi and under the patronage of the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the three-day international conference on Iraq reconstruction will be held in Kuwait on Wednesday, February 12-14, in cooperation with the United Nations, the European Union and the World Bank. And the participation of heads of delegations from more than 70 countries; Abadi will address Iraq at the editorial hall of the Amiri Palace in front of dozens of international personalities including: UN Secretary-General Antonio Guterres, EU Commissioner Federica Mugrini, Foreign Ministers of America, France and Britain Turkey, Iran, Oman, Jordan and other countries.  Abadi stressed that reconstruction will create thousands of job opportunities for Iraqis, while he pointed out that there is a plan to be Iraq within the world's twentieth largest economic group. "We have a plan to move to Iraq to be within," Abbadi said in a televised speech ahead of his visit to Kuwait. "The reconstruction will create thousands of job opportunities for Iraqis," he said, noting that "we are moving towards a new stage in which a strong and victorious and unified Iraq is the symbol of our strength." The prime minister added that "our interest Basra is essential We will work to impose security and the reconstruction of this province to be attractive to investors , "asserting that" the demand of the international community in Iraq is positive and we have to Nsttmrh to support the interests of Iraq, "and explained that" the reconstruction will include all the cities of Iraq without exception. "  Prime Minister Haidar al-Abadi arrived in Kuwait yesterday afternoon, and Abadi met in Baghdad on Monday evening, French Foreign Minister Jean-Yves Le Drean and his accompanying delegation, and the French minister continued his country's support for Iraq in the stage of construction and reconstruction, indicating that the stability of Iraq will be a chance and a model In the region to insist on the liberation and construction, and pointed to the importance of the conference to reconstruct Iraq, which is held in Kuwait after the exit of Iraq victorious over the promotion and liberation of its territory, indicating that Iraq currently needs reconstruction, and France will participate strongly in this conference.  Kuwaiti tribute  For his part, the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Sabah praised the Iraqi victories on terrorism, stressing Kuwait's stand with the Iraqi people and support him in various fields. This came during the morning reception at Bayan Palace yesterday evening, the Iraqi Journalists Syndicate Muayad al-Lami and the accompanying media delegation on the occasion of their visit to the country.  According to a Kuwaiti official statement, "During the meeting, the Emir congratulated President Fuad Masum and Prime Minister Haider al-Abadi and the Iraqi people on the occasion of the victory over Da'ash. He hoped that this victory would achieve support for Iraq and its people in all its forms and components and contribute to unify its ranks. Kuwait to the Republic of Iraq and to the Iraqi people reflected in one of the forms of the Kuwait International Conference for the Reconstruction of Iraq, which represents an international platform for the Iraqi government to continue its efforts in the reconstruction process, "and praised the morning of" all efforts from both countries in the missed opportunity To the seditionists and address them by all means and ways, and hope that the security and peace and stability in Iraq and the region. "  Iraqi diplomacy  On the other hand, Foreign Minister Ibrahim al-Jaafari arrived in Kuwait to participate in the donor conference to support the reconstruction of Iraq and the meeting of the international coalition against terrorist gangs.  Al-Jaafari met with Kuwait's First Deputy Prime Minister and Foreign Minister Sabah Khalid Al-Hamad Al-Sabah. The meeting reviewed the progress of bilateral relations between Iraq and Kuwait and the efforts made to host Kuwait conference to support the reconstruction of Iraq. The importance of exchanging visits between officials of the two countries, and the continuation of meetings of the Joint High Committee.  Al-Jaafari also praised the Kuwaiti government's contribution to Iraq's war against terrorist gangs and the assistance provided in various fields. He praised Kuwait's hosting of the donor conference and the great efforts it exerted to mobilize support for Iraq. The keenness of his country on the success of the donors conference, and mobilize international support for Iraq, and contribute to the reconstruction of the infrastructure of Iraqi cities, looking forward to contribute to the donor conference to support security and stability in Iraq, congratulating the great victories achieved by The Iraqi people in the war on terrorist gangs Daesh. "  International support  UN Secretary-General Antonio Guterres urged support for the reconstruction of Iraq at the Kuwait International Conference on Iraq Reconstruction. "Guterres, who traveled to Kuwait, will meet with Prime Minister Haider Abadi and the conference host," Secretary-General Stephane Dujarric said in the daily briefing. Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and other leaders participating in the conference. "Arab League Secretary-General Ahmed Aboul Gheit also called on Kuwait to" build international support for the reconstruction of Iraq. "  "The conference on the reconstruction of Iraq is a strong humanitarian message to the world that there is a duty and a duty to a country that has been affected by terrorism," he said, adding that "confronting terrorism creates a balance in the region, And the world is beaten from every direction, and when we eliminate the pocket of terror pockets, there are people paid for the elimination of the least thing to do is stand by his side. "He pointed out that his recent visit to Iraq, and attend the reconstruction of Iraq was commissioned by President Abdel Fattah Sisi , And noted that "that visit was to see how much the challenge Facing the Iraqi people, and that Egypt 's participation in the Iraq reconstruction conference a strong message from the political leadership that Egypt stands in Iraq row as well as congratulating Iraqis who have been able to root out terrorism. "  Distinguished attendance  In the same context, the Islamic Republic of Iran welcomed the international conference hosted by the State of Kuwait for the reconstruction of Iraq, noting the participation of Foreign Minister Mohammad Jawad Zarif in the conference.  "Tehran welcomes such conferences and international participation in the reconstruction of Iraq is necessary and an important step in this area," Iranian Foreign Ministry spokesman Bahram Qasimi said. "Tehran will have an active and constructive role in the reconstruction and development of Iraq, The Iraqi economy will continue to support and help Iraq, "and stressed that" the contribution of the international community in the reconstruction of Iraq is a necessary step in the right direction, "stressing that" the need to be involved in an honest and unconditional. "  For his part, praised US Secretary of State Rex Tillerson, the efforts of Kuwait to host the Conference on the reconstruction of Iraq, Tillerson said during a meeting with his Kuwaiti counterpart Sabah Khalid Al-Hamad Al-Sabah: "The establishment of the conference reflects the vision agreement between Kuwait and the United States in support of Iraq to recover and ensure Maintaining the foundations of security stability in it. "  For his part, said Norwegian Foreign Minister Inh Soreda: "The convening of the conference at this time ensures the achievement of positive results are concrete in the interest of the Iraqi people after the victory of Iraq on a supporter," and praised the foreign ministers of Turkey Mouloud Oglu and Oman, Yusuf bin Alawi and Australia Julie Bishop, Kuwait's efforts to hold the Iraq reconstruction conference.  International data  For its part, called on the United Nations Food and Agriculture Organization of the United Nations (FAO) Kuwait International Conference for the reconstruction of Iraq, to the urgent funding to help millions of Iraqis living in rural agricultural areas, which have been severely affected in the past period. According to the statement received by the "morning", " 12 million Iraqis in rural areas constitute one-third of the country's population. They rely on agriculture for their livelihood. The development of these communities is achieved only through the rehabilitation of the agricultural sector, which has been severely affected by large-scale work in the region. Long term after years ofFor a conflict. "  "Violence has forced farmers in northern and north-western Iraq to abandon their farms and destroy and damage their crops. It is estimated that Iraq has lost 40 percent of its agricultural production over the past four years, which has dominated large tracts of land, And the destruction of infrastructure, water sources and agricultural production in addition to the looting of agricultural equipment and seeds, crops and stored stocks and domestic animals. "The Organization noted that" at the end of 2017, and with the declaration of Iraq victory over the call and destroy the structure, it is necessary to revive the sectorWhich is the second largest supplier of the gross domestic product of the country to improve food production and resilience and recovery of the rural population in Iraq, "the statement quoted the representative of the Organization of the Organization in Iraq, Fazil Zoubi as saying:" To implement the program of recovery and resilience for the years 2018 and 2019 , We call for urgent funding for FAO projects in Iraq to assist 1.6 million people living in the regions  Affected ".  The United Nations Educational, Scientific and Cultural Organization (UNESCO) announced that the Director-General of the Organization, Audrey Azoulay, will participate in the Kuwait International Conference for the Reconstruction of Iraq. "Ozilay will deliver a speech on the last day of the conference and a series of bilateral meetings with senior officials, Officials ".

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Tillerson: US will remain Iraq's closest ally

14/2/2018 12:00 am  Announced the signing of a memorandum of understanding worth $ 3 billion with the Ministry of Finance Kuwait / Morning follow-up  US Secretary of State Rex Tillerson announced the signing of a memorandum of understanding worth $ 3 billion to support Iraq in a number of projects, stressing the support of the US administration to Prime Minister Haider Abadi in the fight against corruption and terrorism. "As President Trump said, we are committed to supporting the private sector in Iraq in the areas of import and export," Tillerson said in a speech at the Invest in Iraq conference in Kuwait. "A memorandum of understanding was signed between US Exim Bank and the Iraqi Ministry of Finance worth $ 3 billion American for a number of projects in the field of transport and other areas ».  "US companies have signed a $ 2 billion agreement on electricity in Iraq," Tillerson said. "Another $ 350 million project will be launched, along with several new projects."  Tillerson stressed that «the United States will remain the closest ally of Iraq, which has gone through important stages in its history and we support a stable Iraq», pointing at the end of his speech that «the US administration supports Abadi in the fight against corruption».

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Thanks Yota...Come on Iraq...Put us all at a 'important point in our history'...

[yota691]

Abadi: Iraq has the qualifications to improve its resources and the experiences of its sons

14/2/2018 12:00 am  In his speech in Kuwait to hundreds of investors at the International Conference on Reconstruction    Kuwait / follow-up morning  Prime Minister Dr. Haidar Al-Abadi addressed a large number of investment companies in the presence of a number of officials of the world at the conference "Invest in Iraq" dedicated to investment and the private sector on the sidelines of the International Conference on Iraq Reconstruction held in Kuwait. The text of the speech:  We are pleased to meet today to participate and contribute to the reconstruction of Iraq and the brotherly state of Kuwait, and appreciated the wide participation of countries and friendly organizations from different countries of the world.  We also extend our thanks to the international community for its confidence in the Iraqi government, which is embodied in this mobilization and the great support of the countries and major companies in the world participating in the conference for the reconstruction of Iraq.  Ladies and Gentlemen We have taken over the responsibility of running the Iraqi government under very difficult circumstances. The organization of the terrorist preacher occupies one-third of the territory of Iraq. Millions of our people have been abandoned. It has also destroyed infrastructure and economic and service facilities in an unprecedented manner in the history of Iraq or the region for decades. Of time, accompanied by a major financial challenge is the significant drop in oil prices to low levels despite the growing need to spend on sustaining the battle against the duel. We are determined to face the challenge of eradicating terrorism, defying the financial crisis, fighting corruption and bureaucracy that is hiding behind it, advancing economic reform, simplifying procedures and forming a supreme investment committee headed by the prime minister with a follow-up team. The courage of our heroic forces and the steadfastness of our people, their unity and their cohesion with the state's joints have played a decisive role in the victory over the grave and the grave of his sick dreams. The appeal of the religious authority has a remarkable role in mobilizing the citizens and volunteering in defense of their homeland, and in support of our heroic forces of all kinds. December of 2017, the final victory to liberate our pure land and fondly recall the friendly countries that stood with us in our war against the oppressor.  Ladies and Gentlemen,  The war has just ended, and the battle of construction and reconstruction has begun. Our material losses, though large and require huge sums of money, but the victory is achieved by what is more precious than all of this, by the sacrifices of thousands of our finest sons who have been blessed with their innocent blood. And the disabled.  They have liberated our land, but at the same time they have taken the world into a dangerous danger, and they have stepped on its criminal schemes in terror, murder and destruction throughout the globe. Today, Iraq stands a strong unified victor, but it stands on the ruins of huge destruction left by terrorist gangs, not only the infrastructure and economic facilities, but also the housing sector, which gangs fed their anger at the homes of the safe people, destroying at least (150) thousand housing units In total or in part, requires that we give it a high priority with the support of the international community so that its displaced people can return to it.  Stability and the prevention of any other terrorist groups. And we would like to emphasize that Iraq has the qualifications to promote the natural resources and human potentials of God and specialized in all areas of work and creativity and skilled support, and we can help and support friends and brothers mobilize efforts and benefit from the investment environment and legislative appropriate to implement economic projects and urban and service in the liberated provinces and other provinces In which the development opportunities have been severely disrupted, including the province of Basra, which is distinguished by its vital location and its location in the reconstruction and construction programs and plans, which creates many job opportunities for Iraqis that contribute to improving their standard of living and enhancing the Security, economic and social stability. We emphasize the ability of our country to attract capital and companies from outside Iraq and inside it to start a new stage of reconstruction, a stage based on investing the country's potential and human and natural resources and compensating for the missed opportunities of Iraq over the decades that the regime ignited wars with neighboring countries. In the imposition of a comprehensive siege on Iraq, which lasted for years, and widened the gap in what should have reached the country to him.  In this context, we have undertaken major reforms to promote the economic reality and encourage the investment movement, including the partnership between the public and the private sectors. The Cabinet issued a series of important decisions to address the problems and obstacles that may hinder or delay the procedures of investment activity, During the past two days, representatives of the Iraqi government referred to part of those decisions and procedures that facilitate the work of investors and the private sector.  Ladies and Gentlemen Three main files have been prepared by the government and helped by Iraqi experts and the World Bank in preparing the general framework for reconstruction and development, assessing the devastation in the liberated areas and the investment opportunities available in the governorates of Iraq. .  We are therefore putting to the attention of interested donors or funded or invested databases based on a precise objective extrapolation of the economic situation and service in Iraq.  Ladies and Gentlemen Despite the circumstances of the war that we have fought and won by the sacrifices and courage of our heroes and the international support that we have received, we have given the humanitarian side a great deal of attention and in every battle we fought in the liberation of cities we put the liberation of the people before liberating the land. Whether in sheltering or repatriating displaced persons after rehabilitating their areas to support stability and provide basic living necessities. We are still working on this path to return the remaining displaced persons to their areas, especially at the gates of elections. We want all Iraqis to participate. In order to choose their representatives for the advancement of the country.  We also stressed the need to care for those who are in need of special care, especially women, children and the elderly. We continue to follow closely the fate of those who have lost or been displaced, appealing to the competent organizations to support our efforts and to follow up the   terrorist gangs . We reaffirm the importance of continuing the reconstruction and development approach in our country and look forward to the world's standing with us to mitigate the effects of criminality on the one hand and to achieve the common interests of our country, the countries of the world and the international organizations that renew our respect for everything that we have provided and are grateful for the high enthusiasm shown by the active participation in reconstruction efforts. Iraq.  In conclusion, we reiterate our thanks and appreciation to the State of Kuwait, the Emir, the Government and the people, for their generous initiative in responding to this conference. We look forward to building the best fraternal relations between our two peoples and our countries. Good with all countries of the world.  I thank the ministers of countries and companies for their participation and interest in Iraq, and just as the Iraqis won the war they will triumph in reconstruction.

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Abadi: The battle of reconstruction began

14/2/2018 12:00 am  United Nations urges the world to support Iraq  Kuwait / Abbas Aboud / Mohammed Ismail /  Photography / Ali Gharabawi Prime Minister Haidar al-Abadi said during his speech at the Conference "Invest in Iraq" held on the sidelines of the Kuwait Conference yesterday, three pillars of the core, said that it is the most important aspirations of Iraq to achieve in the coming periods, indicating that the general framework for reconstruction and development, And the investment opportunities, the most prominent of these files adopted by the government and helped in the preparation of Iraqi experts and the World Bank, stressing that "the war put its end, and began the battle of construction and reconstruction." Abadi, who arrived in Kuwait yesterday, to participate in the conference of reconstruction of Iraq, stressed during his speech to a very large number of investment companies in the presence of a number of officials of the world, "Our material losses, although large and require huge funds, but victory achieved what is more expensive than all that "He said.  The International Conference for the Reconstruction of Iraq, held in cooperation with the United Nations, the European Union and the World Bank, and the participation of heads of delegations from more than 70 countries, will conclude with a session chaired by Abadi and sponsored by the Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah.  The conference, "Invest in Iraq," which was held on Tuesday on the sidelines of the Kuwait Conference, has seen a great success and a response and an interaction of hundreds of participants representing 1850 companies in various international fields. On the other hand, the Prime Minister sponsored the signing of a memorandum of understanding with the Bank of American exports to provide credit facilities with a ceiling of 3 billion dollars for companies operating in Iraq, while the Iraqi ambassador in Brussels Jawad al-Hindawi that the European Union allocated 300 million euros to Iraq as part of its strategy this year to support projects UN Secretary-General Antonio Guterres urged support for the reconstruction of Iraq at the Kuwait conference.  Broader details   in internal pages

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Iraq is ready to reform the financial and economic sectors

 

Economy News Baghdad: UN Secretary-General Antonio Guterich said Iraq was ready to reform the financial and economic sectors. Guterich said in his speech to the Iraq reconstruction conference held in Kuwait and followed by "Economy News," that "the United Nations development programs operating in 25 areas of Iraq to help Iraqis and develop their reality of living." "The United Nations launches a grant program that helps repair infrastructure, improves daily life and helps improve economic reforms and revitalize areas that have been damaged," he said. Views 130   Date Added 02/14/2018

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Urgent: Kuwait's Amir announces lending to Iraq one billion dollars

 

money and business Economy News Baghdad: The Amir of the State of Kuwait, Sabah Al-Ahmad Al-Sabah, allocated one billion dollars to lend to Iraq, stressing the allocation of another billion dollars for investment inside Iraq. "The State of Kuwait will commit to allocate one billion dollars to lend Iraq according to the Kuwaiti fund and another $ 1 billion to invest in investment opportunities as well as the contribution of Kuwaiti charities," Sabah said in his speech at the end of the Iraq reconstruction conference held in Kuwait. He added that "positive indicators indicate the success of the conference to reconstruct Iraq in Kuwait," pointing out that "Iraq suffered because of terrorist operations." Views 204   Date Added 02/14/2018

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Washington and Baghdad sign MoU with $ 3 billion to support Iraq

 

 Since 2018-02-13 at 19:06 (Baghdad time)

Mawazine News - Follow up

US Secretary of State Rex Tillerson announced the signing of a memorandum of understanding (MoU) worth US $ 3 billion to support Iraq in a number of projects, confirming his country's support for the Iraqi Prime Minister in the fight against corruption and terrorism.

"As President Trump said, we are committed to supporting the private sector in Iraq in the areas of import and export," Tillerson told a news conference Tuesday in Kuwait. "A memorandum of understanding was signed between the US Exim Bank and the Iraqi Ministry of Finance, Billion US dollars for a number of projects in the field of transport and other areas. "

"US companies signed a $ 2 billion agreement in the electricity field in Iraq," Tillerson said. "Another $ 350 million project will be launched, along with several new projects."

Tillerson stressed that "the United States will remain the closest ally of Iraq, which has passed important stages in its history and we support a stable Iraq," pointing out at the end of his speech that "the US administration supports Iraqi Prime Minister Haider Abadi in the fight against corruption."

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World Bank President: We contributed $ 4.7 billion to reconstruction of Iraq

Wednesday, 14 February 2018 10:35 p

President of the World Bank

 

Written by Samir Hosni

 

World Bank President Jim Young Kim said the bank has contributed $ 4.7 billion to rebuild Iraq and is seeking to increase the amount, pledging to continue helping build the Iraqi state for its importance in the Middle East.

"We need a revolution in the quality and quality of human investment in health and education, which makes any country competitive in any economy," said the president of the World Bank, speaking at the closing day of the Iraq Reconstruction Conference in Kuwait.

Guterres said that the United Nations, the European Union and the World Bank Group reflect the international community's appreciation of the Kuwait initiative and its commitment to help Iraq, noting that reconstruction and recovery can not be achieved only in internal resources but can be relied upon by the private sector.

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10 minutes ago, yota691 said:

"We need a revolution in the quality and quality of human investment in health and education, which makes any country competitive in any economy,"

 

[yota691]

2018/02/14 (00:01 PM)   -   Number of readings: 70   -   Number (4135)

 

 

Iraq hopes to produce 7 million barrels per day

 Kuwait / Range - AFP 
 

تجارة Kuwait Trade: Conference «Iraq reconstruction» the beginning of the stage of security and development in the region

 

Iraq's oil minister, Jabbar al-Allaibi, said during his remarks yesterday from Kuwait that Iraq seeks to achieve a significant increase in production capacity to reach 7 million barrels per day by 2022. 
Iraq now has a production capacity of up to five million barrels per day, but pumps 4.7 million barrels only In accordance with OPEC's cut-off agreement. 
"Our goal is to reach 7 million barrels per day by 2022," Al-Luaibi said during his presentation of oil and gas projects available to foreign investors from the private sector. 
Al-Allaibi pointed out that Iraq sits on a lake of proven oil reserves of 145 billion barrels, but he is confident that this figure will jump to 250 billion barrels with the existence of sufficient investments. 
He said Iraq plans to boost natural gas production capacity to 7 billion cubic feet per day by 2021, up from current 2.7 billion cubic feet.
The oil minister called on foreign investors to take advantage of huge investment opportunities in the oil and gas sector. The Iraq reconstruction plan requires spending billions of dollars. 
Al-Luaibi made the remarks during the second day of the Iraq Reconstruction Conference held in Kuwait, where Baghdad hopes to raise $ 88.2 billion in financial pledges. 
The Oil Minister said that the attacks of an organization in Iraq has led to reducing the production capacity of refineries in the country from 930 thousand barrels per day to 450 thousand barrels only. He pointed out that the reconstruction efforts succeeded in restoring the production capacity to 70 thousand barrels per day. Al-Allaibi revealed plans to build seven new refineries by 2021 with a capacity of 700,000 barrels per day. As well as plans to build new pipelines and export facilities in the south of the country.
The conference "Invest in Iraq", organized by the Kuwait Chamber of Commerce and Industry (KCCI), was launched on Tuesday at the Kuwait International Conference for the Reconstruction of Iraq. 
Kuwait Chamber of Commerce and Industry (KCCI) Chairman Ali Al-Ghanim said that the Kuwait International Conference on Iraq Reconstruction is the beginning of the security and development phase in the region. 
Al-Ghanim said during the opening session of the conference "Invest in Iraq" within the framework of the Kuwait International Conference for the Reconstruction of Iraq, which started in Kuwait yesterday and will continue until tomorrow. Kuwait is not just a new experience that devotes its regional, Arab and international role, But a pioneering and important experience in restoring Arab-Arab relations from the perspective of the future, reconciliation and progress and its requirements.
Al-Ghanim said that the conference is an investment event, which includes about 1500 companies from 50 countries to see the importance of projects and signs of the reconstruction of a country of the size, status, potential and suffering of Iraq. 
He pointed out that the companies have been optimistic and enthusiastic to participate in this economic, political and humanitarian opportunity at the same time, recalling the seriousness, efficiency and success of previous experiences of the State of Kuwait in this field. 
He said that all national, regional and international parties cooperating in organizing this conference know that the second day represents the real economic pulse, especially as it is related to the participation of the international private sector in the ownership and financing of development projects posed by Iraq. He stressed that the participation of the private sector must be larger and far impact And the deeper significance, pointing out that the program today is full of clarification of the nature of the unprecedented guarantees enjoyed by these projects as well as forms of support received by investors.
The program will also be attended by the Iraqi Prime Minister, the United States Secretary of State, the Iraqi Planning Minister and the Chairman of the Economy and Investment Committee of the Iraqi Parliament. 
He stressed that the State of Kuwait does not view the Conference as a global development mobilization, but sees it as an Iraqi and regional declaration that the stage of instability and the beginning of the security and development phase in the region have ended. 
He expressed his hope that Kuwait would host or perhaps host Iraq soon, the Conference on the reconstruction of Syria and the Yemen reconstruction conference.
Kuwait is qualified to be the main gate for the reconstruction of Iraq due to Kuwait's geographic proximity and social and economic integration, and the use of its infrastructure, the efficiency of the institutional structure, democracy, the judiciary and the banking system. 
For his part, called the Minister of Planning, Dr. Salman Jumaili in his speech investors to enter the Iraqi market and see the investment opportunities provided by the Iraqi government, which provided guarantees to investors. 
He said that the Iraqi government has enacted laws that provide guarantees for investment and facilitate their procedures. He stressed that contributing to the reconstruction process through entering Iraqi investments represents a message of love, peace and stability especially that stability of Iraq represents stability for the whole region.
The conference will discuss the investment environment in Iraq, the reform program and the means of reconstruction, as well as reviewing the opportunities of the private sector through presenting successful investment experiences, the main investment opportunities in Iraq and the role of the International Finance Corporation in this regard. 
The conference will also look at key investment sectors in Iraq in the fields of oil and gas, transport, industries, real estate, economic zones, energy, agriculture, health and others.

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Turkey offers $ 5 billion to Iraq

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announced that the Turkish Foreign Ministry, on Wednesday, to provide financial facilities worth five billion dollars to Iraq, to contribute to the reconstruction projects. 
"Turkey announces the allocation of 5 billion dollars of financial facilities to Iraq," Turkish Foreign Minister Mouloud Gawishoglu said during the Iraq Reconstruction Conference, hosted by Kuwait.
Kuwait is hosting the International Conference on Iraq Reconstruction, which opened on Monday and ends on Monday. 
Iraqi officials said on Monday that the reconstruction of Iraq, three years after the war on a sympathetic organization, will cost 88.2 billion dollars, giving housing a particularly urgent priority.

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Mugrini: Invest 400 million euros to stabilize Iraq

- 2/14/2018 1:54:00 AM19 Number of readings

 

 

 

 

Khandan -

It announced Federica Mgrena, the High Representative of the European Union for Foreign and Political and Security Affairs, the European Union investment amounting to 400 million euros for humanitarian aid and stabilization in Iraq. 

She said in her speech during the Mgrena Kuwait International Conference for the Reconstruction of Iraq on Wednesday, he said that "those commitments will be presented from the European Union budget, which differs from individual aid to the countries of the Union." 

Wednesday began the reconstruction of Iraq at the ministerial level conference, which is hosted by Kuwait, and began to work since last Monday meetings at the level of non - governmental organizations. 

Iraq raised since last Monday about 157 investment projects in several sectors, most notably infrastructure, water, energy, construction, and technology.

While the EU official said in her speech, the contribution of the Union and the United States of America $ 3.5 billion last year, in support of the Iraqi people. 

Iraq needs $ 88.2 billion to rebuild the liberated areas of Da'ash, according to estimates by Iraqi Planning Minister Salman Jumaili on Monday.

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UAE pledges $ 500 million for reconstruction of Iraq

Wednesday, 14 February 2018 12:12 PM

Minister of Foreign Affairs of the UAE

Reuters

The United Arab Emirates (UAE) announced Wednesday it has pledged $ 500 million to rebuild Iraq.

In a separate context, Kuwait and Iraq signed on Wednesday the agreement of the regional corridor of communications between the two countries on the sidelines of the International Conference for the Reconstruction of Iraq.

The agreement was signed on the Kuwaiti side by the head of Kuwait Telecommunications Authority Salem Al-Atniyah, and by the Iraqi side Emad Al-Shammari representing the Iraqi Minister of Communications.

The agreement aims at linking the international cables between the East and West to the Arab Gulf, from Kuwait to Iraq and then to Turkey as a substitute for the current communication line used by all countries of the world.

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Saudi Arabia allocates $ 1.5 billion for Iraq reconstruction projects

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announced that Saudi Arabia on Wednesday, one billion dollars for reconstruction projects in Iraq, and $ 500 million to support the Saudi exports to Iraq. 
"On the instructions of the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz and Crown Prince Mohammed bin Salman we announce the allocation of one billion dollars for the reconstruction of Iraq and 500 million to support Saudi exports to Iraq," Saudi Foreign Minister Adel al-Jubeir said during the Iraq Reconstruction Conference hosted by Kuwait.

The Amir of Kuwait, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, announced at the opening of the conference this morning, the support of Iraq two billion dollars, one billion of them as loans, and the other dedicated to investment. 
Prime Minister Haider al-Abadi said that there are 5 million internally displaced people in Iraq and displaced from Syria as well, adding that the government has managed to return more than half of them to their areas. 
Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani also announced a $ 1 billion package of loans and investments to Iraq, stressing his country's commitment to support reconstruction in Iraq. 

[MyLadiesDaddy]

GM MasterYota.And all of DV. So what to make of this? All the world giving Iraq all that money just because they care, yeah right!

 

Tillerson: US will remain Iraq's closest ally

 

Even if they are the bunch of Thieves that President Trump says they are

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Abadi: corrupt parties are trying to block reconstruction

Published: 14.02.2018 | Are GMT 11:25 | 

 

Iraqi Prime Minister Haider al-Abbadi announced that the reconstruction projects will create thousands of jobs, warning of the corrupt parties did not call the obstruction of reconstruction.

This comes amid parliamentary demands for financial compensation from Washington as a result of its occupation of Iraq and the resulting scourge of terrorism.

[yota691]

Al-Abbadi: Investment law in Iraq is the best in the region

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 rami

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February 14, 2018

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Prime Minister Haider al-Abadi announced that the investment law in Iraq is considered the best in the region.
Abadi said in his speech at the end of the Iraq reconstruction conference held in Kuwait that “Iraq includes significant investment opportunities in all provinces and try to activate investment to activate the wheel of the economy and increase production and create jobs,” noting that “the government is keen to support the private sector and launched a cabinet package Measures to improve the investment environment in Iraq and will show their effects on streamlining procedures. ”
He added that “the partnership between the private sector and the public has been approved and approved the structure of public companies,” noting that “slack hit the productivity of public companies and we will take several measures to reduce them.”
He pointed out that “we will through the Higher Committee for Investment and Reconstruction to follow up the accuracy of implementation and transparency of the procedures facing investment, and the experience of the availability of some investors reflect the real will to enter the investment sector and expand to large companies with the Iraqi private sector.”
He stressed that “this conference the beginning of the great start of the reconstruction of Iraq and we look forward to the presence of companies in Iraq,” explaining that “investment in Iraq will help with the reconstruction of Iraq.”

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Al-Allaibi: Iraq’s gas reserves amounted to 135 billion cubic feet

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 rami

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February 14, 2018

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Oil Minister Jabbar Ali al-Allaibi said on Wednesday that Iraq’s gas reserves amounted to 135 billion cubic feet, indicating the presence of 73 oil fields discovered 30 percent of which are under development.
“The current reserve of gas in Iraq is 135 billion cubic feet,” KUNA quoted Al-Allaibi as saying at a session of investment in the Kuwait International Conference, calling on international companies to “invest in this important sector.”
“Iraq is a country rich in gas and investment in this area will put Iraq in the ranks of developed countries in the production of gas,” he said.
He added that “Iraq comes fourth in the world in terms of oil reserves,” noting that “with the intensification of oil explorations will increase Iraqi oil production and Iraq will be at the forefront of countries with high oil reserves.”
Al-Allaibi said that “the Ministry of Oil has giant plans to develop the oil sector, including oil refineries and the establishment and development of oil reservoirs and oil pipelines and everything related to the oil field in view of its importance and vitality and its contribution to the rise of Iraq.”
He pointed out that “the presence of 73 oil fields discovered 30 percent of them under development,” stressing that “Iraq’s endeavor to develop the rest of the fields to raise the efficiency of Iraq in various energy fields.”
The Kuwait International Conference for the Reconstruction of Iraq, with the participation of hundreds of international companies, was launched on 12 February. Iraq will present investment opportunities of 122 opportunities to participating companies.

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Abadi discussed with the Emir of Kuwait and his Prime Minister economic cooperation and solving outstanding problems

In policy  February 14, 2018 on Abadi looking with the Emir of Kuwait and the head of his government economic cooperation and solving outstanding problems closed 32 visits

 

 

Prime Minister Haider al-Abadi on Wednesday discussed with Kuwait's Prime Minister Sabah al-Ahmad al-Jaber al-Sabah, Kuwaiti Prime Minister Jaber al-Mubarak al-Hamad al-Sabah bilateral relations. 
The Prime Minister discussed with the Emir of Kuwait "the enhancement of bilateral cooperation in the fields of economy, investment and energy, the continued coordination between the joint committees and support for reconstruction in Iraq and the importance of strategic work to adopt alternative resources for oil," the statement said. 
The statement added that Abadi and his Kuwaiti counterpart discussed a separate meeting "the important results of the Iraq reconstruction conference held in Kuwait and Kuwait's support for Iraq in all areas, in addition to the importance of resolving the outstanding issues between the two countries through specialized technical committees

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Al-Jubeir: "In Iraq and the Kuwait donors' conference, a strong record of success was defeated

 Since 2018-02-14 at 14:11 (Baghdad time)

Baghdad Mawazine News

Saudi Foreign Minister Adel al-Jubeir confirmed on Wednesday that he had been defeated in Iraq, pointing out that the Kuwait donors conference had a remarkable success.

"Al-Jubeir said in a press statement that he was defeated in Iraq and will be defeated in Syria," but we are afraid of his move to Libya and the Sahel countries. "

The Saudi minister said that "the conference to support Iraq is successful and the Arab and Islamic countries are keen to contribute to reconstruction."

Al-Jubeir announced during the donor conference that the Kingdom has allocated $ 1.5 billion for reconstruction projects in Iraq and the financing of Saudi exports to it