HowieC

As of March of this year ...Iraq owed Kuwait 2.5 billion ( They've already paid close to 50 billion ). They pay 3% of oil revenues toward the balance...

The United Nations Compensation Commission pays $600 million to a Kuwaiti oil company in compensation for the invasion of Iraq Publication date: 27.07.2021 | 13:23 GMT | Reuters Yana Paskova United Nations flag A United Nations committee paid $600 million to the Kuwait National Oil Company, today, Tuesday, in compensation for Iraq's invasion and occupation of Kuwait three decades ago. The United Nations Compensation Commission said it has paid governments and international organizations so far $51.3 billion since the approval of 1.5 million claims related to Iraq's invasion of Kuwait. KPC succeeded in claiming $14.7 billion in oil production and sales losses resulting from damage to the country's oil fields during the 1990-1991 invasion and occupation that led to the US-led "Gulf War". The company is the only remaining claimant, and expects to receive another $1.1 billion. Under the UN Security Council resolution issued in 1991, Iraq allocated a percentage of its oil export revenues to the Compensation Fund, and the committee indicated that this share is currently set at 3%. At the current payment rate, the last installment is expected to be paid within a year. Source: "AB" https://arabic.rt.com/world/1255981-لجنة-تعويضات-الأمم-المتحدة-تدفع-600-مليون-دولار-لشركة-نفط-كويتية-كتعويض-عن-غزو-العراق/?fbclid=IwAR0mXIYMq6BvqA-PHwFP3cx2hohAVpwEdBddigDHMx5iyBecg5_s3nabPmI

Immunity of Central Bank of Iraq funds abroad July 27, 2021 The legal authorities in the United States of America confirmed to the Governor of the Central Bank of Iraq that all the reserves and funds of the Central Bank of Iraq are fortified and no party can seize them. They also confirmed that they will defend its immunity with the rest of the countries and these reserves cannot be compromised. As Iraq will complete during the coming period the full payment of the compensation and benefits accrued from it prior to 2003, this will lead to the lifting of the international immunity for Iraq's money abroad and it will be subject to implementation by some creditors from other parties and companies. In this context, those legal authorities confirmed that the funds and reserves of the Central Bank of Iraq are protected under the laws followed in the United States of America, and pledged to defend what is in the central banks and banks in other countries. Central Bank of Iraq Media Office 27 July 2021 https://cbi.iq/news/view/1778

The joint closing statement of the fourth round of the strategic dialogue between Baghdad and Washington Baghdad today - Baghdad On Monday, the Iraqi Ministry of Foreign Affairs published the joint final statement of the fourth round of dialogue between Iraq and the United States of America. The following is the text of the statement: The delegation of the Republic of Iraq headed by Dr. Fuad Hussein, Minister of Foreign Affairs of Iraq, and the delegation of the United States of America, headed by Secretary of State Anthony Blinken, chaired the fourth and final meeting of the Strategic Dialogue, which began on the eleventh of June 2020, As part of the 2008 Strategic Framework Agreement for the Relationship of Friendship and Cooperation between the United States of America and the Republic of Iraq. The Iraqi delegation included representatives of the Kurdistan Regional Government. The two parties reiterated the importance of these discussions, which focused on strengthening the long-term strategic partnership defined by the Strategic Framework Agreement, and on key issues of common interest: regional stability, public health, climate change, energy efficiency and independence, issues related to humanitarian aid and human rights, and economic cooperation. , cultural and educational exchange, and other topics. Iraq presented a detailed statement on its ongoing efforts to promote the safe and voluntary return of the displaced to their areas of residence, and the United States pledged to continue its support for these efforts. The two delegations reiterated the principles agreed upon in the Strategic Framework Agreement. The United States reaffirmed its respect for Iraq's sovereignty and Iraqi laws and pledged to continue providing the resources Iraq needs to maintain its territorial integrity. The Government of Iraq reaffirmed its commitment to protect members of the international coalition who provide advice and training to the Iraqi security forces, and confirmed that all international coalition forces acted in Iraq at its invitation. The two delegations also confirmed that the bases hosting the United States and other members of the international coalition are Iraqi bases that are managed according to the Iraqi laws in force, and not American bases or rules of the international coalition, and that the presence of international personnel in Iraq is only to support the government of Iraq in the war against the terrorist organization ISIS. The two delegations agreed, after completing the discussions of the last technical teams, that the security relationship will move entirely to advice, training and intelligence cooperation, and there will be no presence of US combat forces in Iraq by December 31, 2021. The United States intends to continue its support for the Iraqi security forces, including the Peshmerga forces, in order to Build its ability to deal with threats. The two delegations affirmed their commitment to protecting human rights and basic freedoms, including freedom of the press, through full compliance with Iraqi legal procedures and constitutional guarantees that respect international norms and conventions on human rights. The two sides affirmed that free and fair elections will support Iraq's sovereignty, democracy and development. The Iraqi side presented a detailed description of its plans, which aim to ensure the safety of voters, candidates, poll workers, domestic observers, civil society groups and international observers, and to enhance voter participation. Both delegations expressed their appreciation for the support provided by the international community, as expressed in United Nations Security Council Resolution 2576 (for 2021). The two delegations also agreed that the presence of a monitoring team of the United Nations Assistance Mission in Iraq and an observer mission of the European Union represents a sincere effort by the international community to support the demands of the Iraqi government and the Iraqi people to hold free and fair elections next October. Iraq welcomed continued US support for the United Nations Assistance Mission for Iraq (UNAMI) and recent US financial contributions to the mission as election-related assistance, including contributions to the Election Observation Team. The two parties agreed to continue to cooperate in working with international organizations and through relevant governmental institutions in both countries, particularly in light of the preparations for the United Nations Climate Change Conference at its twenty-sixth session, which will be held in Glasgow, United Kingdom next autumn. The United States expressed support for Iraq's efforts to promote economic reform and regional integration, particularly through its commitment to regional energy networks with Jordan and the Gulf Cooperation Council. The two delegations reiterated their determination to maintain and strengthen the strategic relationship between them, in all bilateral issues, in a manner that serves the national interest of each country in addition to their common interest represented in regional stability. Iraq and the United States confirmed that they would resume their discussions through the coordination committees of the Strategic Framework Agreement. البيان الختامي المشترك للجولة الرابعة من الحوار الاستراتيجي بين بغداد وواشنطن (baghdadtoday.news)

Big photo op......IMHO the important meetings were held last week at the Pentagon.

The full meeting between Joe Biden and Mustafa Al-Kazemi at the White House 2021.07.26 - 21:49 The Iraqi delegation headed by Prime Minister Mustafa Al-Kadhimi discussed, on Monday, with US President Joe Biden, at the White House, a number of common files between the two countries. The Iraqi delegation, headed by Prime Minister Mustafa Al-Kazemi, arrived on Monday evening at the White House in Washington, DC. Al-Kazemi said, according to what was reported by the official channel, and followed by "Nas" (July 26, 2021), "I am pleased with the continuation of cooperation between Baghdad and Washington," stressing that "our relations have many health, cultural and other aspects." Biden said, "We will send 500,000 doses of vaccine to Iraq," noting "his aspiration for the Iraqi elections." Biden added, "We want to continue to support Iraq in intelligence," noting that "the American role in Iraq will focus on training assistance and what is related to ISIS." The US President stressed, "The US-Iraqi partnership continues, and my administration is committed to it, and we are committed to security cooperation and confronting ISIS with the Iraqi government." For his part, Al-Kazemi said, "The partnership with the United States is strategic." A few minutes before the start of the meeting between Al-Kazemi and Biden, Cabinet spokesman Hassan Nazim said that "Iraq sees that the need for American combat forces has disappeared." He added that "Iraq needs American assistance in the field of information and intelligence advisory." https://www.nasnews.com/view.php?cat=65994

Iraq renews its desire to open up to the international community, both economically and commercially political| 04:48 - 26/07/2021 Baghdad - Mawazine News, Secretary-General of the Council of Ministers, Hamid Al-Ghazi, discussed, on Monday, with the Italian ambassador to Iraq, the results of the Prime Minister's visit to Rome, while stressing the government's desire to open up to the international community, economically and commercially. A spokesman for the General Secretariat of the Council of Ministers, Haider Majid, said in a statement received by Mawazine News that "Al-Ghazi met the Italian ambassador to Iraq, and discussed with him the results of Prime Minister Mustafa Al-Kazemi's visit to the Italian capital, Rome." He pointed out that "the Secretary-General of the Council of Ministers renewed, during the meeting, the Iraqi government's desire to open up to the international community in the economic and commercial fields." Ended 29/R77 https://www.mawazin.net/Details.aspx?jimare=161761

Not sure whether to like this or not. The tariffs were set for a reason. Tough to know what compromises this administration settled on.

US removes tariff threats against Việt Nam Update: July, 25/2021 - 09:58Share facebookChia sẻ bài viết lên TwitterShare google+| The headquarters of the State Bank of Việt Nam. The Office of the US Trade Representative will not take any tariff action against Việt Nam. — VNA/VNS Photo Trần Việt WASHINGTON — The Office of the US Trade Representative (USTR) on Friday issued a formal determination in the Việt Nam Currency Section 301 investigation, under which the agency will not take any tariff action against Việt Nam. A statement by the USTR said the move reflects the agreement reached earlier this week between the US Department of the Treasury and the State Bank of Việt Nam (SBV). The determination finds that the agreement between the US Department of the Treasury and SBV provides a satisfactory resolution of the matter subject to investigation and that no trade action is warranted at this time. The USTR, in co-ordination with the US Department of the Treasury, will monitor Việt Nam’s implementation going forward, it said. US Trade Representative Katherine Tai commended Việt Nam for its commitment to addressing the US's concerns with its currency practices and setting an important example for the Indo-Pacific region. American workers and businesses are stronger when their partners value their currency fairly and compete on a level playing field, she said, adding that in coordination with the US Department of the Treasury, the US will work with Việt Nam to ensure implementation, and will continue to examine the currency practices of other major trading partners. Earlier this week, the US Department of the Treasury and SBV reached an agreement to address the US’s concerns about Việt Nam’s currency practices. A joint statement by the US Department of the Treasury and SBV said that SBV Governor Nguyễn Thị Hồng and US Secretary of the Treasury Janet L. Yellen held a virtual meeting to discuss the issue. The US Department of the Treasury and SBV have had constructive discussions in recent months through the enhanced engagement process, and reached an agreement to address the US Department of the Treasury’s concerns about Việt Nam’s currency practices as described in the US Department of the Treasury’s Report to Congress on the Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the US. Việt Nam confirmed that it is bound under the Articles of Agreement of the International Monetary Fund (IMF) to avoid manipulating its exchange rate in order to prevent effective balance of payments adjustment or to gain an unfair competitive advantage and will refrain from any competitive devaluation of the Vietnamese đồng. SBV is also making ongoing efforts to further modernise and make more transparent its monetary policy and exchange rate framework. SBV will continue to provide necessary information for the US Department of the Treasury to conduct thorough analysis and reporting on SBV’s activities in the foreign exchange market in the US Department of the Treasury’s Semiannual Report to Congress on the Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the US. — VNS US removes tariff threats against Việt Nam - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports - VietNam News

LOL....Hey my friend...I've been here over 10 years and probably older than you. So refrain from your delusional BS remarks . Sorry Yota I'm done

Thanks DoD....I think it's sound advice for everyone around here. Actually not directed at you, or any one person.... so you can un-puff yourself. All I'm saying is understandably a lot of us have had enough, and are edgy....just try to keep it to a roar and appreciate positive contribution without condescendence...or just plain wise assness....you have a good day as well.

It's pretty sad some of these DV old timers ..that I've respected in the past 10 years...have turned into nasty ass miserable old effing men that have nothing better to do than piss in everyone's Wheaties. Some of your sorry uninformed crappy attitudes have gotten old. And let me assure you..I've been a student of this investment long enough not to be wearing goggles. Please do everyone a favor and take a break if you can't be constructive.

The White House announces the date of the Biden and Al-Kazemi meeting in Washington 2021-07-23 13:14 Shafaq News/ White House spokeswoman Jen Psaki said on Friday that President Joe Biden will receive Iraqi Prime Minister Mustafa Al-Kazemi next Monday. "President Biden will meet with the Iraqi prime minister at the White House on Monday," Psaki said in a briefing. She explained that this visit will take place within the framework of developing the strategic partnership between the two countries and will provide the two leaders with an opportunity to discuss a wide range of issues on the bilateral agenda, such as education, economy, climate change and security. Earlier on Friday, the fourth and final strategic dialogue round between the two countries kicked off in Washington, DC. According to US officials, it is expected that the United States and Iraq will officially announce the end of the US combat mission in Iraq by the end of this year, and that the two countries will continue the transition process towards providing training and advice to Iraqi forces. There are currently 2,500 American soldiers in Iraq, focused on confronting the remnants of ISIS. The measure is not expected to have a significant impact, especially since the United States has already moved to focus on training Iraqi forces. But the announcement, which is expected to be issued after US President Joe Biden's meeting with the Iraqi Prime Minister in Washington next week, will be issued at a politically sensitive time for the Iraqi government and may be seen internally in Iraq as a victory. A senior US defense official, who asked not to be named, said, "The main point that we will hear and I think is very important is that the Biden administration wants to stay in Iraq because the Iraqi government invited us there and asked us to continue to do so." Talks are continuing between the United States and Iraq, and will deal in particular with the mission of the American soldiers deployed on Iraqi soil, at a time when there are fears of an open conflict in Iraq between Baghdad's allies, the United States and Iran. https://shafaq.com/.../%D8%A7%D9%84%D8%A8%D9%8A%D8%AA-%D8... البيت الأبيض يعلن موعد لقاء بايدن والكاظمي في واشنطن (shafaq.com)

Seems like this is always more prevalent when the HCL comes into play...and we are possibly close ...

The government decides to form the board of directors of the National Oil Company energy Economy News - Baghdad Economy News Agency publishes a document issued by the General Secretariat of the Council of Ministers, which includes the formation of the Board of Directors of the National Oil Company. In the document, the Cabinet decided: - activation of the National Oil Company , which will include all oil companies in Iraq - contracting with former oil minister Thamer Ghadhban to work as an expert to the Board of Directors - commissioning, Undersecretary of the Ministry of Planning Maher Hammad Johanne first agent general manager of the Basra oil company to work as a member of the management Mgarr National Oil Company - Choose the General Manager of the North Oil Company for membership of the Board of Directors of the National Oil Company https://economy-news.net/content.php?id=25695 Views Date added 12/07/2021