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6ly410
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Iraq and the Czech Republic sign the proceedings of the third session of the joint committee meetings
Date of edit:: 2019/26 17:46 • 36 times read
(Baghdad: Al-Furat News) The Iraqi side signed with the Czech side, the minutes of the third session of the meetings of the Iraqi-Czech Committee for Economic, Scientific and Cultural Cooperation in Baghdad.A statement of the Ministry of Transport, received (Euphrates News) a copy, that "the two sides agreed to continue to hold meetings of the Iraqi-Czech Committee in the future with the participation of business representatives to encourage and develop trade relations in order to increase the volume of trade exchange commensurate with the economic potential between the two countries, Cooperation in the field of supporting small and medium enterprises because they have an important role in the process of economic development and its effective role in employment and maximizing the gross domestic product, especially as Iraq is going through an economic transformation aimed at revitalizing the private sector and building bridges of trust between the private and public sectors. Public".
It was also agreed to encourage the participation of commercial companies in trade fairs held in both countries and encourage industrial and technical cooperation in the areas of crude oil refining, chemical and petrochemical industries and mining industries, and the establishment and development of infrastructure, automobile industry and logistics support equipment in addition to cooperation in the energy sector, especially oil refining. Capacity building in environmental protection techniques.
"It was also agreed to support the development of joint agricultural trade and economic relations through the promotion of investment and exchange of information on the current investment climate and current investment facilitation systems, as well as interest in continuing and strengthening cooperation in the field of environmental protection."
He pointed out that "the agreement to invite Iraq to global conferences on methodologies of administrative development and the use of information technology, in addition to open channels of communication with the centers dedicated to the establishment of training programs and joint workshops to benefit from Czech expertise in all fields."
It is noteworthy that the Ministry of Transport hosted members of the Iraqi-Czech Joint Committee during the scheduled period for meetings in Baghdad-
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Kurdistan Region’s oil revenue under scrutiny from Baghdad
http://www.nrttv.com/En/News.aspx?id=15397&MapID=2
Kirkuk oil fields (NRT Digital Media)
3 Hours ago
SULAIMANI — The Kurdistan Region’s conduct with regard to oil sales has come under scrutiny from Baghdad as budget negotiations for 2020 begin to take shape.
Under the terms of the 2019 Federal Budget Law, Baghdad is supposed to send 12.67 percent of the total budget to the Erbil, in return for 250,000 barrels of crude oil per day, but the Region has not made any transfers.
Sairoon Alliance lawmaker Jawad Kazim al-Musawi has now formally requested data about what sort of revenue has been lost to the federal government by the Kurdistan Regional Government’s (KRG) failure to abide by the law.
According to estimates from the federal Ministry of Oil, the Region has sold more than 107 million barrels. The ministry and member of the Council of Representatives' Oil, Energy and Natural Resources Committee Ghalb Muhammad have both said that that would represent billions of dollars of lost revenue for the federal government.
Meanwhile, Baghdad has sent 455 billion Iraqi dinars ($381.6 million) to the Kurdistan Region under the terms of the 2019 law, in order that the KRG can pay public sector salaries.
The lack of transparency and the imbalance in adherence to the law between Baghdad and Erbil is setting up a major confrontation during the drafting process, with many in the Council of Representatives frustrated about the 2019 law.
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CMEC to Expand in Iraqi Electricity Sector?
26th September 2019 in Construction & Engineering In IraqBy John Lee.
During their recent visit to China, the Deputy Prime Minister for Economic Affairs, accompanied by the Ministers of Transport and Electricity visited the China Machinery Engineering Corporation (CMEC), which specializes in transport, energy, communications and heavy engineering equipment.
The company is already involved in the reconstruction of Salah al-Din power station and is in negotiations regarding power stations in Al-Khairat and Karbala.
Iraq’s Electricity Minister Luay al-Khateeb said he hoped to establish a strategic economic partnerships with China, with a focus on the energy sector.
(Source: Iraqi Ministry of Finance)
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The banking transactions between Iraq and Jordan are easy because of the partnership between the National Bank of Iraq and the Capital Bank Group in Jordan, which work together to provide all financial solutions and integrated packages of banking services in the financial market between Iraq and Jordan.
#Iraqi Ahli Bank #Iraq
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Advisor Abdul-Mahdi: What happened in China was not a coincidence
Economy 10:40 - 26/09/2019
https://www.mawazin.net/Details.aspx?jimare=66499
Baghdad - Mawazine News
The adviser to Prime Minister Abdul Hussein al-Hanin, Thursday, new details of the visit by the Iraqi delegation to China, noting that what happened in China was not the result of coincidence.
"None of what happened with China was the result of coincidence," Hanin said in an article seen by Mawazine News. Part of oil imports to go on certain tracks. "
He explained, that these tracks include "projects of infrastructure across the governorates or within the provinces such as highways and the transit of cities infrastructure services such as sewerage and water networks, paving roads and electricity distribution networks, schools and industrial cities, then railways, ports, health (hospitals), communications, agriculture and ring roads around cities Baghdad, Basra and the rest of the provinces and then the metro and the suspension train, gas production and oil development and security and monetary cooperation between the two countries. "
He added: "It was not a coincidence also to vote in the Council of Ministers in favor of the draft law of the reconstruction one day before traveling to China, it was a message to Chinese friends that the Iraqi leadership is serious this time dealing with (a trusted friend standing with you in adversity), In the words of Chinese President Xi Jinping in describing his country China and also telling us: - I consider that the visit is successful by all standards and has achieved its objectives, and thanks Iraq for entering the initiative (Belt and Road / Belt / Road Initiative), which connects China or the East in general with the Western world through Iraq as the easiest and shortest link between the East and the old. "
"This initiative was launched by President Xi Jinping in September 2013. It focuses on building infrastructure in more than 68 countries, including Iraq. In figures, it covers 65% of the world's population and 40% of GDP." The total of all the countries of the planet, and aims to develop through infrastructure by more than 900 billion dollars in these countries and Iraq will be part of this global economic integration. "-
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yup
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26-09-2019 09:26 AM
Coming soon .. Iraqi-Chinese conference in Baghdad
http://www.ikhnews.com/index.php?page=article&id=199514
Baghdad / News
Baghdad - An adviser to Prime Minister Adel Abdul Mahdi said Thursday that an Iraqi-Chinese conference would be held in Baghdad.
Al-Hanin said in an interview with "news" that "the Chinese president stressed during the end of meetings with the Iraqi delegation that the visit is very successful."
He added that "40 companies supported by China are now in the capital Baghdad," pointing to "near the convening of an Iraqi-Chinese conference in Baghdad in order to prepare and visit some sites where the companies will work."
"The Chinese government covered all the expenses of the Iraqi delegation during the visit to China, and there is no second amount spent during the visit of the Iraqi delegation."
The adviser to the Prime Minister, "the volume of business between Iraq and China will exceed 500 billion dollars in 10 years," noting that "projects are all within the infrastructure in the country."
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haha lets go
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September 26, 2019
To / All banks approved ( banknotes for small categories ) ... To view Click here
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Deputy of the "Covenant News": political differences are still ongoing on the law of oil and gas
By ahad5 26/09/2019 09:28 AM | The number of readings: 1
Ahd News - Baghdad
Member of the House of Representatives, Hammam Ali Tamimi, said that "there is difficulty in the legislation of oil and gas law during the current stage."
He added to the "Al-Ahd News", Thursday, that "the law of oil and gas, which regulates the oil relationship between the Center and the general provinces, especially the Kurdistan region deported from previous sessions, and will be put to the discussion in the hope of adoption during the current session."
He continued, "political differences on this law still exist, which makes it difficult to pass during this session."
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Iraq Considers US Sanctions on Iran Illegitimate: Envoy
TEHRAN (Tasnim) – The Iraqi ambassador to Tehran said his country does not recognize the US sanctions against Iran as valid and that is why Iraq has come under American pressures.
- September, 25, 2019 - 17:39
In an interview with Tasnim, Sa'ad Jawad Qandil said Iraq does not recognize the US sanctions on Iran or their legitimacy, adding that, as a reason, the Arab country has come under pressures from the US.
The envoy said the unilateral US sanctions have created problems for trade between Baghdad and Tehran.
Qandil noted that the sanctions have affected Iraq’s imports of gas and electricity from Iran by hampering the payment mechanisms.
The Baghdad government has devised plans to pay off its outstanding debts to Iran, the ambassador said, adding that the central banks of the two countries have launched talks to that end.
He said one of the proposals for settling the debts and maintaining trade with Iran is to establish a so-called “Iraqi INSTEX”, noting that the channel would provide Iran with humanitarian supplies.
According to Qandil, another solution to bypass the US restrictions and keep trade with Iran is to use the Iraqi dinar or currencies other than the US dollar for trade.
Back in February, the governor of the Central Bank of Iran unveiled plans for using non-dollar accounts for oil and gas trade with Iraq.
In December 2018, Chairman of Iran-Iraq Chamber of Commerce Yahya Ale-Eshaq said the central banks of Iran and Iraq were finalizing negotiations to begin trade in their own currencies.
Iraq’s Foreign Minister Mohamed Ali Al-Hakim has made it clear that his country cannot cut off trade ties with Iran under the US sanctions, saying the value of annual trade between Iran and Iraq amounts to $12 billion.
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Go RV
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a toast to the cbi..haha cheers bros
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Gulf tensions threaten Iraq stability, Barham Salih warns UN
4 hours ago | 162 ViewsERBIL, Kurdistan Region – Tensions in the Persian Gulf risk throwing Iraq back into a cycle of terrorism and violence, Iraqi President Barham Salih warned during his address to the 74th United Nations General Assembly (UNGA) in New York on Wednesday.
Missile and drone attacks on Saudi Arabia’s oil installations, which temporarily knocked out half of the kingdom’s oil output last week, raised already strained relations in the Persian Gulf to fever pitch.
Saudi Arabia, the United States, and several European powers have all accused Iran of being behind the attacks – allegations denied by Tehran.
Iraq, which enjoys close relations with both the US and its neighbour Iran, risks being dragged into a proxy war if tensions between the two continue to escalate – disrupting Iraq’s recovery from decades of violence.
Salih told UN delegates Iraq’s priority is “working on peace, not war”.
“Regional tensions give terrorism space to rise again in the region,” Salih said. “Targeting the Gulf and Saudi Arabia is a dangerous development that threatens the security of the region.”
Tensions have been rising in the Gulf since US President Donald Trump withdrew the United States from the landmark 2015 nuclear deal with Iran and reimposed economic sanctions.
Washington has since blacklisted Iran’s powerful Islamic Revolutionary Guard Corp (IRGC), Iran’s Foreign Minister Mohammad Javad Zarif, and supreme leader Ayatollah Ali Khamenei.
Tehran has responded by boosting its nuclear weapons program and threatening oil shipments passing through the strategic Strait of Hormuz.
Sandwiched between regional rivals Iran and Saudi Arabia, Iraq is keen to maintain good relations with both sides. While Salih was speaking in New York, Iraq’s Prime Minister Adil Abdul-Mahdi was in Riyadh to discuss trade and regional security.
Baghdad hopes to become a hub where regional interests converge.
“Iraq is keen on making positive relations with everyone, and every neighbor of Iraq,” Salih told UN delegates, arguing the security and stability of Iraq is a common interest to all in the region.
Security vacuums in the region could allow terrorist groups including the Islamic State (ISIS) to regain a foothold, threatening wider stability.
“Terrorism is looking for a gap to rise again, therefore conflict and tensions in the region will create this vacuum that terrorism can take advantage of, so let’s make peace not war,” Salih said.
ISIS was declared territorially defeated in Iraq in December 2017. However, the group continues to pose a serious security threat in both Iraq and Syria. Militants have formed sleeper cells and resorted to their earlier guerrilla insurgency tactics.
Col. Myles Caggins III, spokesman for the US-led coalition, warned last week that ISIS is resurging in Iraq and Syria, mainly in Sunni-majority provinces of Iraq such as Diyala, Saladin, Nineveh, and Anbar.
According to a report from the Pentagon Inspector General, which covers April to late June this year, ISIS has attempted to expand its influence over populations in the Sunni-majority provinces north and west of Baghdad and has reorganized its leadership and established safe havens in rural Sunni-majority areas.
Salih, who is ethnically Kurdish, switched from Arabic to give 40 seconds of his speech in the Sorani dialect.
“I salute our people and youth, and the families of the victims of dictatorship in mass graves and Anfal,” he said, addressing the people of the Kurdistan Region of Iraq directly.
“I congratulate you for your endeavor to achieve a free and prosperous life, peace and security. Making your hopes and aspirations real is our duty. Our path is difficult but we will prevail with unchanged ambitions and international support,” he added.
Salih who was born in the Kurdistan Region province of Sulaimani, is the third Kurd to serve as president of Iraq, inheriting the mantle from his political mentor Jalal Talabani and Fuad Hussein.
Many Kurds had been hoping Salih would say a few words in Kurdish in acknowledgement of his identity and Iraq’s official second language.
Parez Omer, a civil activist in Erbil, told Rudaw on Tuesday: “If Barham Salih says few words or a sentence in Kurdish tomorrow, it will make Kurds happy.”
Jalal Talabani, Iraq’s first Kurdish president and founder of Salih’s Patriotic Union of Kurdistan (PUK), set a precedent for Iraqi presidents using Kurdish in their UN General Assembly address when in 2005 he told delegates in his native tongue: “It is a source of pride that Iraqi Kurdistan has become a model for democratic experience, economic and cultural and social development.”
While Iraq is home to many minority languages, including Turkmen, Assyrian and Armenian, Kurdish was recognized alongside Arabic as an official language of Iraq under the 2005 constitution-
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President Barzani Meets with US Treasury Official
https://president.gov.krd/en/president-barzani-meets-with-us-treasury-official/
Erbil, Kurdistan Region, 25 September 2019
President of the Kurdistan Region Nechirvan Barzani met with the United States Assistant Secretary of Treasury for Terrorist Financing, Marshall Billingslea.
Erbil-Baghdad relations, foreign investment opportunities and developments in the energy and banking sectors in Kurdistan and Iraq were discussed in the meeting.
President Barzani and Mr. Billingslea also discussed ways to counter terror financing. They stressed that in order to completely eradicate ISIS extremist and terrorist ideologies, the financial resources of ISIS should be eliminated and their financial activities must be blocked.U.S. Consul General in Erbil, Steven Fagin, attended the meeting.
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2019/09/25 21:31Is the policy of "extrovert" overthrow Abdul Mahdi attempts to cancel the region's share in the 2020 budget
http://almasalah.com/ar/news/179178/هل-تطيح-السياسة-الانبطاحية-لعبد-المهدي-بمحاولات-الغاء-حصة-الإقليم-في-موازنة-2020
Baghdad / Obelisk: Member of the parliamentary Finance Committee, Abdul Hadi Saadawi, Wednesday, September 25, 2019 that a parliamentary approach is maturing to cancel the share of the Kurdistan region of the draft federal budget for the year 2020 in response to the question obelisk
On the lack of commitment by the regional government to the agreements signed between Baghdad and Erbil.
It is reported that about $ 105 billion owed to the federal government with the continued smuggling of oil through the ports.
Saadawi said that "the region has not sent since 2004 any money to Baghdad and there is no control of Baghdad for the funds of the region."
There are fears of a lack of harmony within the House of Representatives in a manner that leads to the abolition of the Kurdistan region's share in the 2020 budget, although the majority of deputies are convinced that the budget figures are inaccurate, and lack transparency.
The KDP has not been silent about attempts to abolish the region's share of the budget bill.
He said party member Imad Baglan, on Wednesday, "the blocs and parties do not want good for Kurdistan and Iraq, where the escalation of the media at times formed a fact-finding committee on the quantities of oil in Kurdistan."
According to the obelisk monitoring of the course of developments, most parties and blocs are afraid of Abdul-Mahdi's policy to the provincial government.
The political analyst, Kazem al-Haj, told the "obelisk" that the concessions made by the government in the issue of budget and non-accountability with regard to the region's oil exports outside the constitutional contexts, are the advantages obtained by the region in the era of Abdul Mahdi government, which explains the satisfaction of Kurdish forces on The policies of the current government, as expressed by the KDP leader Massoud Barzani's statement on April 3, 2019, that the presence of Abdul Mahdi at the head of government in Baghdad, is "the final opportunity and may not be missed."
Barzani is trying to launch hints and signals at every opportunity that Prime Minister Adel Abdul Mahdi, is "the best option" for his political, geographical and economic gains, especially oil.
While such statements that attempt to paint a pacifist figure of Abdul Mahdi with a brush Barzani, which Barzani always focuses, to split the unity in Baghdad, caution goes to the extent that the decision in Baghdad must be strong and strict, to anyone who tries to make gains At the expense of the Constitution.
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Inch to the "Covenant": the visit of China is a step to draw the strategic features of the Iraqi economy
By ahad5 25/09/2019 09:29 PM | The number of readings: 1
Al-Ahd News- Special
"China is the visit to China An attempt by Iraq to strengthen its foreign relations. Indicating that the trip was within the context of foreign investment for Iraq.
"Going to China is a milestone for the government," Scheber said in a televised interview with Al-Ahd. It is a step to chart the strategic features of the Iraqi economy.
"China's trip confirms that Iraq is part of the Asian economic recovery project," he said.
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Prime Minister Masrour Barzani Receives the US Treasury Department's Assistant Secretary for Terrorist Financing
Erbil, Kurdistan Region, Iraq (GOV.KRD) – Prime Minister Masrour Barzani today met with the US Treasury Department’s Assistant Secretary for Terrorist Financing Marshall Billingslea and US Consul-General Steven Fagin.
Prime Minister Barzani updated the US officials on the Kurdistan Regional Government’s ongoing dialogue with the Federal Government of Iraq. He affirmed the new government’s commitment to establishing a peaceful and stable relationship with Baghdad, underpinned by the Kurdistan Region’s rights under the constitution.
The Prime Minister and the US officials discussed the new government’s efforts to grow and diversify the Kurdistan Region’s economy.
The Assistant Secretary expressed support for the Kurdistan Regional Government’s modernizing reforms and welcomed the progress it had already made.
Prime Minister Barzani encouraged the Assistant Secretary to support the new government’s efforts to develop the Kurdistan Region’s financial sector and to connect the its banks to international markets.
The US officials acknowledged the Kurdistan Regional Government’s strong track record of disrupting the illicit financing of terrorist groups and welcomed its wider counter-terrorism cooperation with the US.
Prime Minister Barzani said that as a responsible member of the international community the Kurdistan Regional Government would continue to work with its partners to defeat terrorism.
25 Sep 2019
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Iraq Files Complaint to UN over Iran Missile Attack
in Iraq & Dinar Related News
Posted
Thursday، 26 September 2019 05:50 PM
Iraqi President meets WB chief on sidelines of UNGA
Iraqi President Barham Salih held a meeting with World Bank chief David Malpass on the sidelines of the UN General Assembly in New York.
https://www.thebaghdadpost.com/en/Story/44010/Iraqi-President-meets-WB-chief-on-sidelines-of-UNGA
Malpass, during the meeting, praised Iraq’s success to overcome many of the difficulties it faced during the past years, which helped improve various economic indicators.
They also discussed the WB’s support for a number of economic projects that aim to meets the needs of Iraqi people.
For his part, Salih pointed out the government’s plans to strengthen development efforts and achieve economic reform program, noting that Iraq has taken great steps in this regard thanks to the tangible stability in the country.
During the meeting, they reviewed areas of cooperation between Iraq and the World Bank, especially in the fields of development and investment projects.