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Iraq has a lot to lose if US cuts financial ties 31 minutes ago https://www.rudaw.net/english/analysis/13012020 ERBIL, Kurdistan Region- The US has threatened to sanction Iraq if Baghdad forces US troops to withdraw from the country. Even if this does not materialize, Iraq has a lot to lose if the US minimizes or cuts banking ties with Iraq. US and Iran tensions have played out in Iraq, and these tensions have injected uncertainty into the economic future of the country, besides the geopolitical ramifications that have rattled world markets. The US assassination of Iranian General Qasem Soleimani on January 3 at Baghdad International Airport, and the subsequent Iranian response ballistic missile response fired on bases housing US troops in Iraq on January 8 destabilised global markets. For the first time in the past seven years, an ounce of gold price jumped to well above $1,600, and oil prices jumped to above $70 for the first time in months. Later, however, a speech by US President Donald Trump relieved fears of a possible war between Iran and the US. That may have given the world the space to breathe, but the domestic issues that Iraq has accumulated haven’t been resolved, and the future of US troops in Iraq is uncertain. The future of US troops, which also puts a question mark on US-Iraq relations, have caused uncertainty and lack of clarity for Iraq’s economy. On January 5, Shiite blocs in Iraqi parliament, amid a Kurdish and Sunni boycott, passed a non-binding resolution to ask the Iraqi government to expel foreign troops. In response, US President Donald Trump threatened never-seen-before sanctions against Iraq . US officials believe they have invested much fortune and lives in Iraq, and that US troops being forcefully expelled will reverse what has been done. One has to ask certain questions, as to whether Iraq can stand on its feet without the US, and what is to be expected in case US forces are expelled. Even if the US does stop itself from sanctioning Iraq, Baghdad faces dangerous financial impediments. Following 2003’s invasion, the US and Coalition forces backed normalization of Iraq’s financial and economic conditions via the establishment of the Development Fund for Iraq (DFI) in Federal Bank’s New York branch. This fund helped Iraq retrieve the blocked funds of the previous Baath regime and safeguarded Iraq’s oil sales revenue. Due to the lawsuits filed internationally against the previous regime and Iraq owing $120 billion in debt, there were fears that oil revenues could be confiscated had it not been for the US Treasury Department. The US also played an instrumental role in having countries forgive their loans to Iraq, thus helping to decrease Iraq’s debts from $120 billion to $40 billion. Besides the protection of oil sales revenues, Iraq’s trade is conducted through the Trade Bank of Iraq (TBI), with has connections with US investment giant J.P. Morgan. If the US decides to sever its financial ties to Iraq, then TBI cannot operate in international trade. Another important side of US-Iraq financial ties is that it has helped Iraq secure loans with very little interest. Iraq has sold many bonds in the past years to obtain loans in financial markets. The US Treasury Department gives guarantees for Iraqi financial bonds, and thus the interest incurred from such loans are very minimal. For example, Iraq’s debts currently have a 1.5% interest rate, but had it not been for US Treasury guarantees, those rates would have stood at 10%. Besides assistance in terms of Iraqi bonds, Iraq has taken out tens of billions of dollars of loans from the International Monetary Fund (IMF) and the World Bank, and all those loans have been secured with very minimal interest rates.This will not continue without the support and assistance of the US Treasury Department and White House financial advisers. Despite its attempts to remain neutral and mediate between Washington and Tehran, the Kurdistan Region cannot insulate itself from the negative impacts of a Baghdad-Washington financial fallout. The Kurdistan Region remains dependent on Baghdad for providing a large part of the salaries of public servants, and if Iraqi oil sales are hampered, then this poses a direct threat to the funds the Region receives from Baghdad on monthly basis. Moreover, the US-Iraq fallout has made foreign investors and oil companies worried, and the Kurdistan Region is also impacted. It is expected that 2020 will be one of the best years for the oil sector of the Kurdistan Region as oil companies plan considerable investments in the oil fields to increase output. Such an increase in oil output also helps the Region’s market. However, if Iraq’s condition continues to deteriorate, oil sector development will also be hampered.

http://almasalah.com/ar/news/186033/نواب-يتحدثون-عن-هدر-أموال-في-بناية-البنك-المركزي-الجديدة-بقيمة-500-مليون-دولار 01/13 2020 Representatives are talking about wasting money in the new building of the central bank worth 500 million dollars Baghdad / Obelisk: The MP of the Parliamentary Bloc of Hassan al-Kinani, Monday, January 13, 2020, revealed that there was a waste of money in the file of the new central bank building about $ 500 million, according to the rules of deletion and creation that could be adopted by the corrupt as a legal cover to drain the people's wealth, Adding that the response of the Integrity Commission No. 10733 dated September 22, 2019 and the response was, unfortunately, the incorrectness of the information received from us, and we still appeal to everyone to stay away from quotas, fight the corrupt and prevent their suspicious deals. In the statement of the details of this deal, Al-Kanani explained, "The land area is 20,000 square meters, the construction area is around 90,000 square meters, and the referral price is $ 771 million, which is equivalent to approximately $ 8500 per square meter only. It was better for the Integrity Commission to address the authority overseeing the referral of the project and not for validity." The information provided by us, and with all of that we will follow up this file with my colleagues in the House of Representatives and we will never compromise in fighting corruption and the corrupt and from God Almighty. "

US State Department: We have no intention of imposing sanctions on Iraq Political 08:22 - 13/01/2020 https://www.mawazin.net/Details.aspx?jimare=81646 Baghdad- Mawazine News US State Department spokeswoman Morgan Ortagos said on Monday that his government is in full talks with the Iraqi government, noting that "sanctions" are under review. "We have no intention of imposing sanctions on Iraq, but the matter is under review," Ortagos said, in a televised interview, via Al Arabiya television. "Noting that any country that does not comply with the sanctions on Iran will face the consequences of the violation." She noted that "the Iraqi parliament's vote to remove our forces was a decision, not a law," adding that his government was conducting "comprehensive talks with the Iraqi government not only to fight ISIS." End / 29 BC

UN envoy to Iraq meets with Kurdistan President, KRG PM in Erbil Kurdistan Region President Nechirvan Barzani meets with UN Special Representative of the UN Secretary-General for Iraq Jeanine Hennis-Plasschaert in Erbil, January 13, 2020. 2 Hours ago http://www.nrttv.com/En/News.aspx?id=19053&MapID=1 SULAIMANI — UN Special Representative of the UN Secretary-General for Iraq Jeanine Hennis-Plasschaert separately met with Kurdistan Region President Nechirvan Barzani and Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani in Erbil on Monday (January 13). The UN envoy, the Region’s president and the prime minister discussed the latest developments in Iraq during the meetings, according to two separate statements from KRG and the region’s president office. President Barzani said the Kurdistan Region is ready to help restore peace and stability in Iraq during the meeting with Hennis-Plasschaert, his office said in the statement. They also discussed the ongoing anti-government protests in Baghdad and the southern provinces, according to the statement. “The President also underlined that the legitimate grievances of the protesters should be recognized and taken into consideration,” it cited Barzani as saying. They also discussed the UN and international community’s plans and roadmaps to support Iraq at this stage, it added. Hennis-Plasschaert also met with KRG Premier Barzani in Erbil. They said all the Iraqi sides should take the sensitivity of the situation into account as Iraq is passing through difficult circumstances, KRG said in a statement. They emphasized that further tension of the situation would not be in the interests of the people of Iraq and the region, according to the statement. They also stressed on the need to maintain security and stability of the situation, the statement read. Tensions between Washington and Tehran hit a high after a US strike killed Iranian Quds Force commander Qassem Soleimani on January 3, prompting the Council of Representatives to vote to call on the government to seek the exit of foreign troops from Iraq. Kurdish and Sunni parties boycotted the session. On January 8, Iran retaliated to the assassination by firing nearly two dozen ballistic missiles at bases in Anbar and Erbil hosting US and coalition troops. Officials in the Kurdistan Region called for dialogue and de-escalation, making it clear that they wanted coalition troops to remain in order to keep pressure on Islamic State and prevent it from reasserting itself. Tensions between Washington and Tehran have spiked since Trump unilaterally withdrew in 2018 from the Iran nuclear deal struck by his predecessor Barack Obama and began reimposing sanctions that had been eased under the accord. (NRT Digital Media)

Despite the refusal of the Iraqi protesters ... closed rooms seek to keep Abdul-Mahdi Political 06:51 - 01/13/2020 https://www.mawazin.net/Details.aspx?jimare=81634 Baghdad- Mawazine News Inside the closed rooms, Iraqi political forces seek to keep the resigned Prime Minister Adel Abdul-Mahdi in office, and to form a new government, after a push and pull between parliamentary blocs, and they have not reached an alternative figure that has been accepted by protesters, since Abdul-Mahdi’s resignation on December 1. Last first. Perhaps the inability of the discussions of the active political forces to resolve the file of the presidency of the government led Abdul-Mahdi to engage in a personal movement to gain supporters and persuade them to renew confidence in him, which was issued his agenda during a visit he made last Saturday to the Kurdistan region of Iraq, and met with Kurdish leaders. Before the results of the visit were revealed, the Kurdish forces were quick to support Abdul Mahdi staying in his position, but they required changes to his government to support his reassignment in Parliament. And the Kurdistan Democratic Party - the ruling authority in the Kurdistan region of Iraq - said that the position of the Kurdish forces is clear towards Abdul-Mahdi from the beginning, and it supports him, since he does not bear all the previous mistakes. Party member Subhi Al-Mandlawi confirmed that Abdul-Mahdi was restricted and slowed down a little bit in terms of reforms, but his staying in the position is one of the options put forward strongly to resolve the current crisis. In the Iranian city of Qom, where the leader of the Sadrist movement, Muqtada al-Sadr, is present, an extensive discussion took place with the head of the "Al-Fath" coalition, Hadi al-Amiri, on the possibility of resolving the file of the prime minister, who has been conducting business for 45 days. According to reliable sources, the two sides agreed to keep Abdul-Mahdi in office in the event that the political blocs did not reach an alternative acceptable to the protesters, whose sit-in in the squares was more than a hundred days without fulfilling their demands. Under the pretext of the sensitive circumstance that Iraq is going through, especially with the failure to reach an agreement on a specific name to head the new government, harmonious power parties are locked in expanded talks in closed rooms. After these talks were limited to searching for the name of a new head of government, she again offered the option of renewing confidence in Abdel Mahdi for one year, according to parliamentary sources. Street view As for demonstrations, everything is not reassuring in the hearts of the protesters, towards the political blocs that cling to the method of quotas and sectarianism, and did not provide any indication that they are dealing with the demands of the rising masses. The demonstrators stressed the need to expedite the selection of a prime minister according to the specifications set by the protest squares in Baghdad and the provinces, and stressed that "they will no longer accept further procrastination and procrastination." In this regard, civil activist Ali Al-Zahbawi said that "the street does not welcome the return of Abdul-Mahdi to the post, especially after the failure that afflicted the political process, and led to the exit of citizens by popular demonstrations that spread throughout the country." Al-Thibawi pointed out that "the protesters today reject Abdul-Mahdi's return to office, and also reject any political dialectical candidate that does not match what they aspire to," noting that insisting on Abdul-Mahdi means committing the entire political process, and means continuing the demonstrations and continuing to cut off roads and disrupt life. . And Iraq has seen since early October 2019, demonstrations against the political system and successive authority over the management of the country, and calls for political and economic reforms and combating corruption in the country. The protests that took place in Baghdad and ten southern provinces were accompanied by violence that included the killing and kidnapping of demonstrators and activists, and resulted in the death of about five hundred people, more than 26 thousand wounded, and the arrest of hundreds so far. Ended on 29 / h

Iraq warns of 'collapse' if Trump blocks oil money FRENCH PRESS AGENCY - AFP BAGHDAD Published 13.01.2020 18:32 A poster of Iraqi militia commander Abu Mahdi al-Muhandis and Iranian military commander Qassem Soleimani hangs on the door of West Qurna-1 oil field, which is operated by ExxonMobil, Basra, Iraq, Jan. 9, 2020. (Reuters Photo) Responding to U.S. threats to block Baghdad from accessing its account at the Federal Reserve, into which Iraqi oil revenues have been deposited since 2003, Iraqi officials claim that sanctioning the country would lead to economic collapse and push Baghdad toward Russia, Iran and China https://www.dailysabah.com/energy/2020/01/13/iraq-warns-of-collapse-if-trump-blocks-oil-money Iraqi officials fear economic "collapse" if Washington imposes threatened sanctions, including blocking access to a U.S.-based account where Baghdad keeps oil revenues that feed 90% of the national budget. U.S. President Donald Trump was outraged by the Iraqi parliament voting on Jan. 5 to oust foreign forces, including some 5,200 American troops, who have helped local soldiers beat back Daesh terrorists since 2014. If troops were asked to leave, he threatened, "we will charge them sanctions like they've never seen before." The U.S. then delivered an extraordinary verbal message directly to Prime Minister Adel Abdel-Mahdi's office, two Iraqi officials told AFP. "The PMO got a call threatening that if U.S. troops are kicked out, 'we' – the U.S. –will block your account at the Federal Reserve Bank in New York," one official said. Parliament's vote to oust the troops was triggered by outrage over a U.S. drone strike on Baghdad two days earlier that killed top Iranian general Qassem Soleimani and his Iraqi right-hand-man, Abu Mahdi al-Muhandis. The Central Bank of Iraq's account at the Fed was established in 2003 following the U.S.-led invasion that toppled ex-dictator Saddam Hussein. Under United Nations Security Council Resolution 1483, which lifted the crippling global sanctions and oil embargo imposed on Iraq after Saddam's invasion of Kuwait, all revenues from Iraqi oil sales would go to the account. Iraq is OPEC's second-biggest crude producer and more than 90% of the state budget, which reached $112 billion in 2019, derives from oil revenues. To this day, revenues are paid in dollars into the Fed account daily, with the balance now sitting at about $35 billion, Iraqi officials told AFP. Every month or so, Iraq flies in $1-$2 billion in cash from that account for official and commercial transactions. "We're an oil-producing country. Those accounts are in dollars. Cutting off access means totally turning off the tap," the first Iraqi official said. The second official said it would mean the government could not carry out daily functions or pay salaries and the Iraqi currency would plummet in value. "It would mean collapse for Iraq," the official said. 'TRUMP WILLING TO POLITICIZE EVERYTHING' A third senior Iraqi official confirmed the U.S. was considering "restricting" cash access to "about a third of what they would usually send."

Deputy: $ 500 million wasted on the new Central Bank building 18:08 - 13/01/2020 https://www.almaalomah.com/2020/01/13/449434/ Information / Baghdad ... The deputy of the Parliamentary Bloc of Sayaron, Hassan Jalal Al-Kinani, revealed, on Tuesday, a significant waste of public money in the file of the new central bank building. Kanani said, in a statement that he received / the information / a copy of, that "about $ 500 million was wasted in the new central bank building according to the rules of deletion and creation that can be adopted by the corrupt as a legal cover to drain the people's wealth." He added, “The Integrity Commission’s answer number 10733 dated September 22, 2019 was, unfortunately, the incorrect information received from us, and we still appeal to everyone to stay away from quotas, fight the corrupt and prevent their suspicious deals.” And on the details of the deal, Al-Kanani explained that "the land area is 20,000 square meters, the construction area is around 90,000 square meters, and the referral price is $ 771 million, which is equivalent to approximately $ 8,500 per square meter." He considered that "it was better for the Integrity Commission to address the authority overseeing the referral of the project and not about the authenticity of the information provided by us." 25 h has ended

In the video, Washington threatens Baghdad with your money in our coffers With video 2020-01-13 | 11:15 https://www.alsumaria.tv/news/بالفيديو/331480/بالفيديو-واشنطن-تهدد-بغداد-اموالكم-في-خزائننا We are committed to staying and we will not leave, according to the Wall Street Journal, after the Iraqi calls calling for the departure of its forces from Iraq against the background of the assassination of the leaders of the Popular Mobilization and the Qods Force, the Revolutionary Guard, with an air strike west of the capital, Baghdad. Washington, which said we will not leave, also threatened sanctions that it will impose on Baghdad in the event that it continues to put forth initiatives aimed at removing its forces from the country, and stressed that it is ready to freeze Iraq’s bank account at the Federal Reserve at any moment. The newspaper indicated that this decision and in the event of its occurrence will prevent Iraq from withdrawing any money from its account, which it uses to deposit billions of dollars in oil revenues, which will lead to the collapse of the Iraqi banking system and paralyze the national economy. According to the sources, an American official informed the resigned Prime Minister, Adel Abdul-Mahdi, in a phone call last Wednesday of the new punishment and the damages that will result from it. In the event of the move, the freezing of Iraqi assets in the account would be an unprecedented step. Referring to the phone call between Abdel-Mahdi and US Secretary of State Mike Pompeo, which Abdel-Mahdi said at the time, he had asked Washington to send experts to start a safe withdrawal. The Federal Reserve Bank of New York provides banking services to two hundred central banks and government institutions around the world, including the Central Bank of Iraq.

Parliament: Iraq will pay the last payment of Kuwait's debts this year By Ali 13/01/2020 01:32 AM | Views: 1269 https://alahadnews.net/index.php/permalink/197699.html Al-Ahed News - Baghdad The Parliamentary Finance Committee revealed, yesterday, Sunday, that "2020 will witness the payment of the last payment of Kuwait's debts to Iraq." Member of the Finance Committee Haneen Al-Qaddou said in a statement to a local agency, which was read to him by Al-Ahd News, that he "has many debts that may move to postpone the payment of some of them to the coming years or to reduce them by talking with the creditor countries ." He added that "among the debts incurred by Iraq are Kuwait's debts," noting that "the debts of Kuwait, of which two billion dollars remain, with Iraq owed, will be paid in full during 2020, and the file of Kuwait's debts involves ." He explained that "Kuwait's debts will include the 2020 budget to pay it after the budget is approved and fully completed," noting that "there are efforts to authorize the government to send the 2020 budget for the purpose of discussing it and then voting on it."

Close The Central Bank of Iraq opens 4 accounts with the US Federal Bank for the purpose of starting to implement the Chinese agreement by othman abu khadra Iraq news 15 hours ago https://altaghier.tv/2020/01/13/وثيقة-البنك-المركزي-العراقي-يفتح-4-حسا/ The Department of Investments and Foreign Remittances at the Central Bank of Iraq announced the completion of the opening of four accounts with the American Federal Bank for the purpose of starting the implementation of the framework agreement with the Chinese Government Export and Credit Guarantee Agency. The Central Bank of Iraq confirmed in a letter addressed to the Prime Minister’s Office, to inform it of depositing the amounts of oil shipments issued under the above agreement by the Sumo Oil Marketing Company in the accounts of the Central Bank of Iraq, which amounted to four hundred and eighteen million and ten thousand eight hundred and sixty-seven American countries and twenty-four cents for the month of October The first and the second of October. The Central Bank of Iraq called on the Prime Minister’s Office to inform him of the start of implementing the agreement for the purpose of completing the contract with an investment company to monitor the accounts.

A deputy reveals the waste of $ 500 million in the file of the new central bank building Time: 1/13/205 5:57 Pm https://alforatnews.com/news/نائب-يكشف-عن-هدر-500-مليون-دولار-في-ملف-بناية-البنك-المركزي-الجديد {Baghdad: Al Furat News} Member of Parliament Hassan Jalal Al-Kinani revealed today, Monday, a waste of public money in the file of the new central bank building estimated at $ 500 million. Al-Kanani said in a statement that he received {Al Furat News} a copy of it, that there is “waste of public money in the file of the new central bank building estimated at $ 500 million according to the deletion and creation controls that can be adopted by the corrupt as a legal cover to drain the people's wealth”, adding that “an answer Integrity Commission No. 10733 dated September 22, 2019 The response, unfortunately, was the incorrectness of the information received from us, and we still appeal to everyone to stay away from quotas, fight the corrupt and prevent their suspicious deals. Al-Kanani explained the details of this deal as being: "The land area is 20,000 square meters, the construction area is around 90,000 square meters and the referral price is $ 771 million, which is equivalent to approximately $ 8,500 per square meter only. It was better for the Integrity Commission to address the authority overseeing the project referral and not On the veracity of the information provided by us, and with all this we will follow up this file with my colleagues in the House of Representatives. " is over

Monday، 13 January 2020 04:30 PM Iraq warns of 'collapse' if Trump blocks oil cash \https://www.thebaghdadpost.com/en/Story/45448/Iraq-warns-of-collapse-if-Trump-blocks-oil-cash Iraqi officials fear economic "collapse" if Washington imposes threatened sanctions, including blocking access to a US-based account where Baghdad keeps oil revenues that feed 90 percent of the national budget. US President Donald Trump was outraged by the Iraqi parliament voting on January 5 to oust foreign forces, including some 5,200 American troops, who have helped local soldiers beat back jihadists since 2014. If troops were asked to leave, he threatened, "we will charge them sanctions like they've never seen before." The US then delivered an extraordinary verbal message directly to Prime Minister Adil Abdul-Mahdi's office, two Iraqi officials told AFP. "The PMO got a call threatening that if US troops are kicked out, 'we' - the US - will block your account at the Federal Reserve Bank in New York," one official said. Parliament's vote to oust the troops was triggered by outrage over a US drone strike on Baghdad two days earlier that killed top Iranian general Qasem Soleimani and his Iraqi right-hand-man, Abu Mahdi al-Mohandis. The Central Bank of Iraq's account at the Fed was established in 2003 following the US-led invasion that toppled ex-dictator Saddam Hussein. Under United Nations Security Council Resolution 1483, which lifted the crippling global sanctions and oil embargo imposed on Iraq after Saddam's invasion of Kuwait, all revenues from Iraqi oil sales would go to the account. Iraq is OPEC's second-biggest crude producer and more than 90 percent of the state budget, which reached $112 billion in 2019, derives from oil revenues. To this day, revenues are paid in dollars into the Fed account daily, with the balance now sitting at about $35 billion, Iraqi officials told AFP. Every month or so, Iraq flies in $1-$2 billion in cash from that account for official and commercial transactions. "We're an oil-producing country. Those accounts are in dollars. Cutting off access means totally turning off the tap," the first Iraqi official said. The second official said it would mean the government could not carry out daily functions or pay salaries and the Iraqi currency would plummet in value. "It would mean collapse for Iraq," the official said. Trump 'politicises everything' A third senior Iraqi official confirmed the US was considering "restricting" cash access to "about a third of what they would usually send." The Federal Reserve declined to comment on Trump's threat.

King Abdullah: The resignation of the Abdul Mahdi government took us two steps back By Ali 13/01/2020 12:39 PM https://alahadnews.net/index.php/permalink/197744.html Al Ahed News - Follow up Jordanian King Abdullah bin Al-Hussein considered that the resignation of the Iraqi government headed by Adel Abdul-Mahdi brought us back, perhaps two steps back. Abdullah Al-Thani said in an interview with France 24 channel today, Monday, that "Iraq has been going strongly in a positive direction during the past two years, and I believe that the government’s departure has taken us back two steps back," noting that "he believes in the Iraqi people and its ability to move towards the light in End of the tunnel. " He added, "I am confident of the ability of Iraqi leaders to return to the positive direction and address the threat from ISIS, which is a threat to all of us not only in the region, but also to Europe and the rest of the wor

Member of Parliamentary Finance: The absence of a new government means that there is no budget Policy 2020-01-13 | 09:27 https://www.alsumaria.tv/news/سياسة/331470/عضو-بالمالية-النيابية-عدم-وجود-حكومة-جديدة-يعني-لا Member of Parliamentary Finance Committee Ahmed Al-Saffar confirmed, on Monday, that there is no legal way out to proceed with the budget without the presence of a new government, therefore the 2020 budget legislation is subject to the formation of the government, pointing out that in the absence of a government there is no budget. Al-Saffar said in an interview with Alsumaria News, "The Iraqi state will work according to the Financial Management Law with a temporary budget in which 1/12 of the general budget for the year 2019 will be spent every month to provide salaries and daily spending wages," noting that "the amendment to one of the articles of the Financial Management Law includes Rotate the amounts allocated to investment projects to ensure that they are not stopped. Al-Saffar added, "There is no legal way out to proceed with the new budget without the presence of a new government, therefore the general budget legislation for 2020 is subject to the formation of a new government that takes it upon itself to send the budget to parliament to vote on it," stressing that "the budget represents the government's policy in terms of numbers and in any case There is no government, there is no budget. "

KRG Grants Official Permission to Build Chinese Consulate Compound in Erbil Basnews English 13/01/2020 - 15:31 Published in Kurdistan http://www.basnews.com/index.php/en/news/kurdistan/574022 ERBIL — Kurdistan Region’s Ministry of Municipality and Tourism officially signed documents to permit the construction of a compound for the Chinese consulate general in Erbil. The permission was signed by a ministry director general and Ni Ruchi, the consul general of China. Minister Sasan Awni was present during the ceremony. The new consulate compound will be built on Erbil-Pirmam road in the capital city of Kurdistan Region. There are a total of 21 foreign consulate generals, eight consulates, consular offices, and embassy offices with nine other honorary consulates and foreign trade offices in Erbil.

The Association of Private Banks holds a "capital adequacy" course Side of the course. "Economy News" http://economy-news.net/content.php?id=18743 Economy News - Baghdad The Iraqi Private Banking Association held a course "Capital Adequacy in accordance with Basel III requirements". The course is held in cooperation between the Association of Iraqi Private Banks and the Central Bank - the Center for Banking Studies and the Banking Control Department. The course targets managers of financial departments and their assistants, and managers of risk department and their assistants. Number of views 106 Date added 12/01/2020

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Good question haha