jpdinar

Iraqi PM ends China visit with flurry of agreement signings 15 hours ago | 385 Views Mohammed Rwanduzy Iraqi Prime Minister Adil Abdul-Mahdi leads a delegation visit to the city of Shanghai, China on September 23. 2019. Photo: social media ERBIL, Kurdistan Region — Iraq’s Prime Minister Adil Abdul-Mahdi concluded his five-day trip to China with the signing of eight broad-ranging agreements on Monday in a bid to diversify ties between the two countries. Abdul-Mahdi was heading a delegation consisting of, among others, Iraqi ministers and provincial governors. On the fifth day of the visit, the Iraqi PM met with the Chinese President Xi Jinping and the Premiere of the State Council Li Keqiang. In the meeting, the two sides signed agreements in a variety of fields, including finance, trade, security, construction, communications, culture, education, and foreign affairs, according to a readout from the Iraqi PM’s office. Signed financial agreements included one between Iraq’s Ministry of Finance and Sinosure - the China Export and Credit Insurance Corporation – another on economic and technical cooperation, and an agreement between the Iraqi Ministry of Finance and the Chinese Trade Ministry concerning “cooperation for reconstruction following the [ISIS] war in Iraq].” The Iraqi delegation’s visit to China aimed to form a “framework relations for strategic partnership for Iraq to rise and rebuild its infrastructure, economy and society.” As part of the visit, the PM toured the car manufacturing company JAC, a solar panel manufacturing company, the Shanghai Electric Company, and other sites. “We belong to Asia, and we want to be part of its rise,” Iraq’s Prime Minister said in Shanghai on Saturday. Trade volume between Iraq and China surpassed $30 billion in 2017. Iraq-China trade relations currently rely on the export of Iraqi oil and Chinese manufactured goods. However, in a bid to diversify their economic ties, one of the agreements signed involve the building of a joint Iraqi-Chinese manufacturing city in Iraq to produce goods meeting “world standards,” according to Iraqi Minister of Industry and Minerals Saleh Abdullah al-Jabouri. The agreement is the sixth of its kind. Jabouri added that his industry ministry presented 200 “projects and investment opportunities” to Chinese companies during the Iraq-Chinese Economic Cooperation Forum. According to a Ministry of Finance and Economy readout, Iraq’s Ministry of Electricity signed an agreement with the Chinese Heavy Equipment Engineering Company, who are already involved in construction projects in Iraq, most notably that of the Saladin Electric Station. In a development of cultural ties between the two countries, a Chinese library is set to be established in Iraq’s Baghdad University, and a cultural cooperation memorandum of understanding was also signed. https://www.rudaw.net/english/middleeast/iraq/23092019

Thanks Yota for sharing the article. I like this part Al-Qasabi said the kingdom would support the development of Iraq by one billion dollars. He explained that the amount will be allocated to support the areas that have been recently liberated from the terrorism and support the reconstruction of infrastructure services projects.

https://www.azernews.az/region/147086.html Rouhani: Iran, Iraq will not need foreign currency in foreign trade 12 March 2019 10:37 (UTC+04:00) 608 By Trend By using national currencies in trade, Iran and Iraq will not need to use foreign currencies, Iranian President Hassan Rouhani said during his meeting with Iraqi President Barham Salih in Baghdad, Trend reports referring to ILNA. According to Rouhani, the Central Banks of the two countries should be strengthened and trade cooperation should be developed in this direction. The Iranian president noted that Iran and Iraq can vastly broaden their relations in various fields, including energy, transportation, commodity transit, maximum utilization of the resources of the border Arvandrud river (known in Iraq as Shatt al-Arab), uniting the railways of both countries, and pilgrimages. According to Rouhani, the necessary conditions should be formed for customs, border and quality standards for the development of economic and trade relations between the two countries. "Establishment of industrial parks on the borders of both countries and the strengthening of border markets can prove to be effective in the development of bilateral relations," he said. Rouhani added that Iran is ready to encourage Iran's private sector to transport its technical and engineering services to Iraq and invest in Iraq. Rouhani added that Iran is ready to provide Iraq with its technical and engineering services, and is ready to encourage its private sector to invest in Iraq. --- Follow us on Twitter @AzerNewsAz

?

According to Iraq's mineral ministry, country's western desert contains huge reserves of gold and likely platinum and diamond resereves. LONDON(BullionStreet): After decades of sanctions, war and sectarian violence, Iraq is struggling to maintain it's economy and looking forward to increase gold production along with oil and natural gas. According to Iraq's mineral ministry, country's western desert contains huge reserves of gold and likely platinum and diamond resereves. The Iraqi government recently announced a 30 year economic plan for mines and minerals by granting production licenses to foreign mining companies. The Iraqi government is thus hopeful that gold mining can be an increasingly profitable venture for the country. However, official gold trade in the country remained in doldrums as Iraq's banking sector required proper training and guidance from foreign banks, analysts said. Iraq's northern neighbor Turkey offered to support country's banking sector in gold trade. Turkish Banks Association (TBB) said the Turkish banking industry, which developed new ways of bringing in individual gold savings to the economy, will train Iraqi bankers on how to trade with gold. The scope of the training will be determined depending on the demand stated by the Iraqi government. The TBB has started a study in regards to the training, which will take place in Baghdad and Erbil following a recent visit by an Iraqi delegation of the Federation of Private Banks to Turkey. Analysts said Turkey has carried out important studies in trading gold, which is a significant saving tool in Iraq, and we want to benefit from Turkey's experience. TBB has provided training to countries such as Albania, Azerbaijan as well as Bosnia and Herzegovina and has also been working on training programs for Syria and Lebanon.

Nice news!! Thank you for finding it and sharing it with us!

This is a big red flag to me, is that if one wants to use scriptures from the new bibles, other than the King James, one has to get "permission" from them to use it on materials. We do not need men's approval to use God's word on material to share, in my humble opinion. Something to consider......

they are waiting for you to throw in the towel, then they will RV.

exchange rate of the bottom of your posting of the link shows Exchange rate of 1120 ID USA maybe no big deal but i like it

I will ask my mom to ask her friend from Ghana to see if he can talk to Kofi and see what he thinks on our Iraq investment. peace

Thank you Yota for all your postings!

Zeros “Cannot be Removed from Iraqi Currency During 2013″ Posted on 06 September 2012. Tags: Central Bank, IQD, iraqi dinar, re-denomination, re-valuation, Redenomination, revaluation Zeros “Cannot be Removed from Iraqi Currency During 2013″ By John Lee. Iraq’s deputy Minister of Finance has said the three zeros cannot be removed from Iraqi dinars during 2013 because no preparations have been made. According to the report from AKnews, the Iraqi Central Bank and people have been saying for four years that the zeros in the Iraqi currency will be erased and the money will be changed. But the money cannot be changed because prior work for the process has not been executed. The Minister of State reportedly said: “Reducing the zeros is the Central Bank’s authority. As the Finance Ministry we are against the change and removal of the zeros, but the bank insists on removing the zeros. “We cannot change the Iraqi money in 2013 because the Iraqi budget was estimated with current money. “If the Central Bank has any intention to change the money then it must do the process soon before calculating 2014′s budget.” (Source: AKnews) http://www.iraq-businessnews.com/2012/09/06/zeros-cannot-be-removed-from-iraqi-currency-during-2013/

Hi, yes i did send it. Desperate, no. Been in it for 3 years. Please share what you can do to help. Working proactive and asking questions is good. Many business deals and relationships are done this way. People would not be married if they did not ask. I could ask my friend who is a Consular of Thailand to write. Perhaps, coming from someone with government ties would be more apt to respond. I hope it comes quick, of course. A major reason being is1 child in 4 seconds dies just because of bad water or lack thereof. I hope many will help the poor with their money. The desire of a man to be kind, and charitable, and generous, is his kindness, and shall be so construed; both God and man will accept his good-will, according to what he has, and will not expect more. A poor man, who wishes you well, but can promise you nothing, because he has nothing to be kind with, is better than a liar, than a rich man who makes you believe he will do mighty things, but, when it comes to the setting to, will do nothing.

Anonon and TFK, think before you speak The words of a wise man's mouth [are] gracious; but the lips of a fool will swallow up himself.

I wanted to share this. Sometime we don't have answers because we just don't ask. Nothing ventured, nothing gained. TO: cbi@cbi.iq Message flagged Saturday, August 25, 2012 10:18 AM Hello and good evening, I was wanting to know please when does the CBI plan on revaluing the Iraq Dinar? Will it be by the end of the year 2012?Will the rate be as strong as the Kuwait Dinar and stronger than the US dollar? I know the oil and gold and other resources will be able to back a strong currency for your country. Thank you kindly for taking the time in answering these two questions. Look positively forward to hearing back from you soon. Kind regards, JP

I agree with you Socal

http://www.iraq-businessnews.com/tag/gulf-keystone/ A Good Month for Iraqi Oil Shares Posted on 09 August 2012. Tags: Afren, DNO, Genel Energy, GKP, Gulf Keystone, Heritage, WesternZagros A Good Month for Iraqi Oil Shares By John Lee. Like good comedy, the secret of good investment is often said to be timing. Someone buying shares at the end of June in Heritage Oil, which has interests in Iraqi Kurdistan, may have had reason to be concerned if they planned to sell shortly afterwards, as the shares were suspended in early July pending the publication of a prospectus. However, their patience was amply rewarded when trading resumed on Tuesday and the shares gained 21% on the day. Those who held on were up another 19%, compounded, on Wednesday, giving them a total gain of 44%. But while Iraq-focused oil shares have had a bumpy ride over the years, the past five weeks have been particularly fruitful. Just look at these returns from a selection of the players: Genel Energy, up 11.3% DNO, up 22.7% Afren, up 22.9% Gulf Keystone, up 36.7% Heritage Oil, up 43.9% WesternZagros, up 48.4% And despite these significant gains, all of these except WesternZagros are still well below their peaks. Momentum traders may have on opinion on whether the upward trend will continue; fundamental investors will ignore these factors and consider such metrics as asset valuations and cash flows. However the shares will ultimately be valued, Iraq is floating on a lake of oil, and the whole country should reap the benefits of its development.

Iraq Oil Tops 3 Million Barrels for First Time Since 2002 By Ayesha Daya - Aug 9, 2012 8:00 AM CT Iraq’s crude output rose above 3 million barrels a day last month for the first time since the 2003 U.S.-led invasion that toppled Saddam Hussein, according to the Organization of Petroleum Exporting Countries. http://www.bloomberg.com/news/2012-08-09/iraq-oil-tops-three-million-barrels-for-first-time-since-2002.html

http://www.banknotenews.com/ interesting website of currency news. Iraq discloses designs for redenominated banknotes slated for July 2013 Jul 21, 2012 08:17 AM Category: Middle East According to Iraq's semi-official Alsabaah newspaper, the finance committee received specimens of the new Iraq banknotes from the Central Bank of Iraq. The specimens were of the 25, 50, 100, and 200 dinars. The committee urged the central bank to delay the introduction of the new currency from January 2013 to July 2013 to study all the aspects of the process. Other Iraqi media reports state that the new currency will be issued in denominations of 5, 10, 25, 50, 100, and 200 dinars for banknotes and 25, 50, 100, 250, and 500 fils, plus 1 and 2 dinars for coins. The designs have been already chosen for banknotes and coins: 5 dinars: Beck waterfall and palm tree 10 dinars: dinar coin minted in the reign of the Umayyad dynasty and lighthouse Hadba in Mosul 25 dinars: King Hammurabi receiving the law and farming of Iraqi Kurdistan 50 dinars: King Codaa and Fort Ukhaydir 100 dinars: Central Bank building in Azwaip area in Baghdad and ziggurat 200 dinars: bridge and school Courtesy of Mosab K. Ibrahim. Cover Add To Cart For more information, buy The Banknote Book: At the time of initial publication, this 33-page catalog covers every note (247 types and varieties, including 80 notes unlisted in the SCWPM) issued by the Government of Iraq from 1931 to 1948; the National Bank

Look...100 to 150 times your investment is still a very good return. Be happy & take it at .10 cent to .15 cent IQD to the USD. I'd like 1 to 1 better but will be elated at that rate. Luigi, exactly!!!! at this time, and am confident everyone else would agree .15 would be FANTASTIC at this point!!!!! Lot of people would be helped for sure! Chapter 19 Proverbs verse 17~ He that hath pity upon the poor lendeth unto the LORD; and that which he hath given will he pay him again. Here is, I. The duty of charity described. It includes two things:-- 1. Compassion, which is the inward principle of charity in the heart; it is to have pity on the poor. Those that have not a penny for the poor, yet may have pity for them, a charitable concern and sympathy; and, if a man give all his goods to feed the poor and have not this charity in his heart, it is nothing, 1 Cor. xiii. 3. We must draw out our souls to the hungry, Isa. lviii. 10. 2. Bounty and liberality. We must not only pity the poor, but give, according to their necessity and our ability, Jam. ii. 15, 16. That which he has given. Margin, His deed. It is charity to do for the poor, as well as to give; and thus, if they have their limbs and senses, they may be charitable to one another. II. The encouragement of charity. 1. A very kind construction shall be put upon it. What is given to the poor, or done for them, God will place it to account as lent to him, lent upon interest (so the word signifies); he takes it kindly, as if it were done to himself, and he would have us take the comfort of it and to be as well pleased as ever any usurer was when he had let out a sum of money into good hands. 2. A very rich recompence shall be made for it: He will pay him again, in temporal, spiritual, and eternal blessings. Almsgiving is the surest and safest way of thriving. ~ Matthew Henry

There is a question about the possibility of the Central Bank and institutions Chirfah on control of entry counterfeit currency during the process of switching the currency after you delete the zeros of which, the answer is that the central bank adopted the technology to check the money in addition to other measures / not mentioned /. Read more: only-by-banks/#ixzz1ydSjqhvs so the /not mentioned/ in the article, makes me conclude de la rue......machines. Remember news from CBI website about the new machines ?

China Increases Presence in Iraq Posted on 13 June 2012. Tags: China, embassies, Huawei, Huwawi China Increases Presence in Iraq China’s charge d’affaires for Commerce, Wang Shi Tong, has said that Beijing will open an embassy in Baghdad at the end of 2012. According to the report from AIN, he added that the Chinese consultancy company ‘Huwawi’ [Huawei?] has concluded an agreement with the local government of Karbala province in the area of electronic government. He also said “We are consulting with the Ministry of Industry and Minerals to establish a car manufacturing plant and mobile phone factory in Iraq.” http://www.iraq-businessnews.com/2012/06/13/china-increases-presence-in-iraq/ btw, i just looked at my phone and its a Huawei, i had no idea it was Chinese, then again almost everything is. I am hungry.... Chinese food sounds good tonight.

We should email them and tell them if they RV we will all come to Baghdad to have some food with them. And stay at the Best Western. Tell them we need to all get out of the bathroom. its been stinkin too long. time to get off the stool.

http://www.bloomberg.com/news/2012-05-30/iraq-starts-first-auction-of-oil-gas-exploration-rights.html Iraq Starts First Auction of Oil, Gas Exploration Rights By Kadhim Ajrash and Khalid Al-Ansary - May 30, 2012 11:01 AM CT Oil Minister Abdul Kareem al-Luaibi said in a speech in Baghdad before the bidding began that 47 companies from 25 countries had qualified for the round. Production foreseen from the 12 areas would result in revenue of $5 trillion over the next 20 years with 94 percent of income going to the state, he said. http://www.bloomberg.com/news/2012-05-30/iraq-starts-first-auction-of-oil-gas-exploration-rights.html

sounds like banking for the Iraq people may be done at home on their new computers, why not just a positive thought