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Here's some articles of Dinarian interests... Iraq Is In Final Preparations Into WTO Membership. Treat as rumors. Not verified. Your opine. TNT: Tishwash: A US Delegation Hosted By The Minister Of Oil To Discuss Energy Cooperation. ARTICLE: Today, Monday, Oil Minister Hayan Abdul-Ghani discussed with US Under Secretary of Energy James Danley & Chargé d'Affaires Joshua Harris joint cooperation between the two countries in the oil, gas & energy sectors. Today, Monday, Deputy Prime Minister for Energy Affairs and Minister of Oil, Eng. Hayan Abdul-Ghani Al-Sawad, received the US Under Secretary of Energy, Mr. James P. Danly & the Chargé d'Affaires of the US Embassy, Mr. Josh Harris. During the meeting, prospects for joint cooperation between the two countries in the fields of oil, gas & energy were discussed. The meeting was attended by the Undersecretary of the Ministry for Gas Affairs, Mr. Ezzat Saber Ismail, and the Director General of the Technical Department, Mr. Hassanein Abdel Latif. Tishwash: Al-Karawi: WTO Membership Will Grant Iraq Broad Economic & Trade Privileges. ARTICLE: The Director General of the General Company for Grain Trade at the Ministry of Trade, Haider Nouri Al-Karawi, confirmed on Sunday that Iraq has completed the vast majority of its WTO accession files & is close to completing the remaining files after nearly twenty years of efforts. He pointed out that membership will grant the country extensive economic & trade privileges, contribute to reducing customs duties & attract int'l companies to invest in the Iraqi market. Al-Karawi told Al-Iraqiya News, as reported by the Iraqi News Agency (INA), that “the process of joining the WTO requires a long period of time & Iraq began working on this file in 2003 under the direct supervision of the Department of Foreign Economic Relations & the Minister of Trade.” He added, "Iraq has completed the vast majority of the required files & is currently completing the final stages in preparation for formal membership in the organization," noting that "some countries have taken more than twenty years to complete this process, so the period of time required by Iraq is no exception." Al-Karawi explained that "Iraq's accession to the organization will grant it significant economic & trade privileges, most notably the protection of the rights of domestic & imported products, and the provision of joint mechanisms to facilitate trade, tax & customs exchange with member states, which will positively impact the reduction of customs duties & the facilitation of import & export operations." He pointed out that "membership will help attract int'l companies by ensuring the protection of their products from counterfeiting & encouraging them to invest in the Iraqi market. It will also have a positive impact on lowering prices for consumers by strengthening legitimate competition & regulating markets." Al-Karawi explained that "Iraq is committed to implementing more than fifteen technical and legislative files as part of the accession requirements, including the file on product protection & global trademarks, which ensures that no party will imitate or market products similar to those of int'l companies." He added, "Completing these commitments gives foreign companies confidence in entering the Iraqi market. Tishwash: The Oil & Gas Law Returns To The Forefront & Parliament Faces A Test Of Political Will. ARTICLE: As the 5th legislative session draws to a close & the country enters the electoral phase, the federal oil & gas law returns to the forefront of the political scene in Iraq as one of the most sensitive pieces of legislation postponed since 2007, amid warnings that its continued obstruction will deepen the economic crisis & keep the country hostage to political disputes. The oil & gas law is one of the most contentious issues between the federal government, the Kurdistan Regional Government & the oil-producing provinces, as it stands at a crucial crossroads that determines the future of oil wealth management, which constitutes more than 90 percent of state revenues. Amid repeated calls from the presidency and parliament to pass it before the end of the current session, fears are growing that its continued obstruction will disrupt the investment environment and weaken the unity of oil decision-making. Energy expert Mohammed Hawrami believes that the continued absence of the law represents an economic and legislative failure that has had direct repercussions on oil wealth management & the General Budget, as well as declining attractiveness for foreign investment in the energy sector. Hawrami explained that postponing the approval of the law during this session means postponing the decision to a new session, along with the accompanying new tensions over powers and revenue sharing, making any further disruption costly to the nat'l economy. He added that the absence of a legal framework has created a state of administrative and financial chaos between the central government, the region & the producing provinces & has deprived Iraq of the ability to formulate a unified production & investment policy. This has negatively impacted the confidence of foreign companies awaiting stable legislation that guarantees the sustainability of their operations. He pointed out that Iraq needs annual investments exceeding $15 billion to develop the oil and energy sector & improve refining and export capacities. However, the absence of legal regulation of contracts & financial distribution makes the investment environment risky & limits the entry of major companies into the market. Emphasized that the current parliament's window of opportunity is almost running out, requiring urgent action to adopt the law before the end of the session, as continued disruption means postponing any real economic transformation towards diversification & sustainable development. For his part, Bassem Nughmish, a member of the Parliamentary Oil & Gas Committee, emphasized that the continued suspension of the law keeps the Iraqi economy mired in a cycle of rents & limits its ability to achieve balanced development. Naghamish explained that the absence of the law means the absence of a regulatory framework for managing nat'l wealth, which confuses financial planning, leads to disparities in the distribution of revenues between the center and producing provinces & limits the state's ability to implement a stable fiscal policy. He pointed out that political disputes over powers & revenue-sharing mechanisms hinder the implementation of vital projects in the oil & energy sector & create an unstable environment for foreign investors seeking clear and stable legislation. Naghamish added that delaying the enactment of the law deprives Iraq of billions of dollars in investment opportunities annually & weakens the state's ability to transfer oil revenues into productive & development projects in the provinces. He stressed the need for the law to include clear mechanisms for financial governance, management of joint fields & the establishment of a national fund for the development of producing provinces. Naghamish concluded by saying that the next phase requires a comprehensive political and economic settlement that removes the oil issue from tensions & ensures a unified law that balances the powers of the central government & the rights of the regions, transforming oil wealth from a source of contention into a lever for development & stability.

Here's an article of Dinarian interests... Direct from The SANDBOX Report. Iraq in advanced position paving the way for the completion of the WTO requirements for full membership." Treat as a rumor. Not verified. Your opine. FROM IRAQI SOURCES: Iraq's Accession To The World Trade Organization (WTO) Is Proceeding Steadily & Carefully. ARTICLE: The Ministry of Trade announced on Monday that Iraq's accession to the World Trade Organization (WTO) is proceeding steadily & carefully. While indicating the completion of seven major files, it confirmed the preparation of accurate answers to 175 questions related to Iraq's accession to the organization. The ministry's spokesman, Mohammed Hanoun, said in a statement to the official agency, followed by Mawazine News, that "the current government's efforts to secure Iraq's accession to the World Trade Organization (WTO) have surpassed all previous measures combined," noting that "Iraq resumed the accession process after a long hiatus, as the 3rd meeting of the working group concerned with accession was held in July 2024, during which updated documents related to the Iraqi trade system were submitted." He added that "Iraq has completed all the technical files required to join the WTO after a negotiation process that extended for more than twenty years during which Iraq faced many challenges & delays," noting that "this achievement was achieved during the term of the current government through intensive qualitative efforts that exceeded what was achieved in the previous stages combined & that Iraq is now in an advanced position paving the way for the completion of the requirements for full membership." Hanoun explained that "the national team concerned with accession, in coordination with the relevant ministries & sectoral bodies & in partnership with int'l institutions, has completed the review and update of all technical files, which included the foreign trade system memorandum, the legislative implementation plan, agricultural support schedules, the import licenses & customs valuation file, the sanitary & phytosanitary (SPS) files, and technical barriers to trade (TBT)." He continued: "The team prepared accurate answers to (175) questions & inquiries submitted by the member states of the organization, while the Iraqi customs system was updated to the latest version in line with international standards & enhances Iraq's readiness for the next stages," indicating that "the files will be officially submitted to the WTO Secretariat through diplomatic channels in preparation for the next meeting of the working group." Hanoun explained that "what has been achieved is the result of the government's great support & continuous coordination with all ministries & national institutions, as well as the efforts of the Department of Foreign Economic Relations in leading this strategic path to strengthen Iraq's position in the global trading system, serve its nat'l economy & achieve sustainable development." He pointed out that "over the past months, the ministry has held workshops and training programs to develop national cadres involved in negotiating & managing the file, with the participation of the Council of Representatives & the private sector. Technical meetings have also resumed to complete the discussion of agendas related to trade in goods & services." Hanoun emphasized that "accession to the WTO represents a strategic step towards integrating the Iraqi economy into the int'l trading system, attracting investments & improving the competitiveness of nat'l exports." He pointed out that "the accession process is subject to multilateral international negotiation procedures &d varies from one country to another according to the completion of legislation and reforms. However, Iraq is committed to accelerating this process to achieve the nat'l interest & preserve the sovereignty of economic decision-making."

Here's some articles of Dinarian interests... Iraq Has Completed The Technical Files To Join The WTO. Treat as rumors. Not verified. your opine. TNT via Tishwash: Trade: Iraq Has Completed The Technical Files To Join The WTO. ARTICLE: Minister of Trade Athir Dawood Al-Ghariri announced that Iraq has completed the technical requirements for joining the WTO after two decades of challenges. Al-Ghariri stated in a statement that "Iraq has completed all the technical files required to join the WTO, after a negotiating process that spanned more than twenty years, during which Iraq faced numerous challenges & delays." The minister explained that "this achievement was accomplished during the term of the current government, through intensive, qualitative efforts that surpassed what was accomplished in all previous stages combined," stressing that "Iraq is now in an advanced position paving the way for fulfilling the requirements for full membership." Al-Ghariri explained that "the nat'l team concerned with accession, in coordination with the relevant ministries & sectoral bodies & in partnership with int'l institutions, completed the review and update of all technical files, which included: the foreign trade system memorandum, the legislative implementation plan, agricultural support tables, the import licensing file, customs valuation, in addition to the sanitary & phytosanitary (SPS) & technical barriers to trade (TBT) files." He continued: "The team also prepared accurate answers to (175) questions & inquiries submitted by the member states of the organization, while the Iraqi customs system was updated to the latest version in line with int'l standards & enhancing Iraq's readiness for the next stages." The minister confirmed that "the files will be officially submitted to the WTO Secretariat through diplomatic channels, in preparation for the next meeting of the working group." Al-Ghariri concluded by saying, "What has been achieved is the fruit of the government's extensive support, continuous coordination with all ministries & nat'l institutions & the efforts of the Department of Foreign Economic Relations in leading this strategic path, with the goal of strengthening Iraq's position in the global trading system, serving its nat'l economy & achieving sustainable development. Tishwash: Al-Sudani & the Venezuelan Ambassador Discuss Activating Memoranda Of Understanding & Agreements Related To Air Transport. PM Mohammed Shia al-Sudani discussed bilateral relations and ways to enhance them in various fields, including cooperation within the framework of OPEC, with the Venezuelan Ambassador to Iraq, Arturo Anibal Caicos Ramirez, on Thursday. The PM's Media Office stated in a statement received by Al-Eqtisad News that "the meeting discussed bilateral relations & ways to strengthen them in various fields, through activating memoranda of understanding & agreements, particularly those related to air transport services & cooperation within the framework of OPEC." During the meeting, Al-Sudani affirmed that "Iraq is committed to enhancing coordination within the framework of oil policies, including the exchange of technical expertise & cooperation to ensure stability in oil markets." He also praised Venezuela's role in OPEC & its commitment to controlling global oil prices. Al-Sudani praised the Venezuelan government's supportive stance on the Palestinian cause, noting the importance of exerting efforts to halt the crimes & violations perpetrated by the Zionist occupation forces against the Palestinians & to end the humanitarian suffering in the Gaza Strip. For his part, the Venezuelan ambassador conveyed the greetings of the President of the Republic of Venezuela to the PM, his desire to strengthen bilateral relations & his appreciation for Iraq's role in peacemaking & maintaining int'l stability & peace, especially in light of the progress and prosperity the country is witnessing in the areas of security, economy, reconstruction & development. Tishwash: Norwegian Company Resumes Oil Production In The Kurdistan Region. A Norwegian company has resumed oil production in the Kurdistan Region, after a nearly month-long shutdown following drone attacks on several fields in the region. Norwegian oil company DNO announced on Thursday, August 21, 2025, the resumption of oil production at its Tawke & Pashkabir fields in the Kurdistan Region of Iraq, after it was halted last month due to drone attacks in the region . Shares of the Norwegian company, which also raised its dividend on Thursday, rose 11.6% in morning trading, according to the Washington-based energy platform, following the announcement of the resumption of oil production in Iraqi Kurdistan. The Norwegian company's fields were among five oil fields in Iraqi Kurdistan that were targeted by drone attacks in mid-July, disrupting approximately 150,000 barrels per day of the region's total production, estimated at 250,000–300,000 barrels per day. “The company resumed production from the Tawke field in early August on a trial basis, while production from the Beshkabir field resumed later in the month ,” DNO said in a statement accompanying its 2nd-quarter earnings report. She noted that the attacks hit surface processing equipment in the Bashkabir field & an oil storage tank in the Tawke field, adding that no one was injured. She added that while the months-long repairs are still pending, the company has increased its total production on a trial basis to 55,000 barrels of oil equivalent per day, split almost equally between the Tawke & Peshkabir fields. The company's average oil production in Kurdistan was 82,100 barrels of oil equivalent per day in the 1st quarter, but declined by 9% in the 2nd quarter, reaching approximately 74,760 barrels per day. The company explained that the production decline in Iraqi Kurdistan was the result of an operational shutdown imposed by market disruptions, during which DNO used the time to conduct maintenance & conversions scheduled for later this year. The Norwegian company, which owns 75% of the Tawke license, where the Tawke and Peshkabir fields are located, announced that it aims to increase oil production in Kurdistan to 100,000 barrels of oil equivalent per day in the long term. The Tawke field, along with the Bashkabir field, forms a single concession operated by the Norwegian oil & gas company DNO in partnership with Genel Energy, which holds a 25% stake. The concession is located in the Zakho region, near the Turkish border. The Tawke field is one of the oldest fields to enter production in Kurdistan, having been in operation since 2007 & currently produces approximately 29,000 barrels per day. The field's recoverable reserves are estimated at between 150 & 370 million barrels, making it a key pillar of Iraqi Kurdistan's oil landscape. The Beshkabir field was discovered in 2016 & began production in 2017. It produces approximately 49,000-54,000 barrels per day, with cumulative production reaching more than 100 million barrels by March 2023 . On August 13, Gulf Keystone Petroleum announced the resumption of production at the Shaikan oil field, which was also subjected to drone attacks & were earlier shut down.

The Ministry Of Commerce Discusses Developments Regarding Iraq's Accession To The WTO With The British Embassy+ Director General of the Department of Foreign Economic Relations at the Ministry of Trade, Riyadh Al-Hashemi, discussed with the Head of the Commercial Section at the British Embassy in Baghdad the latest developments in Iraq's accession to the WTO & ways to enhance partnership & cooperation between Iraq & the UK. Al-Hashemi reviewed the most prominent developments and achievements made by the Ministry in coordination with the relevant Iraqi ministries and authorities to complete the requirements for accession to the WTO. Al-Hashemi stressed the Iraqi government's keenness to benefit from the forms of support provided by the UK in this field, especially with regard to the technical & technological aspects, as it has an impact on enhancing Iraq's opportunities to join, improving the investment climate & developing the business environment. The two sides also discussed ways to expedite the completion of the necessary procedures for the entry into force of the Partnership and Cooperation Agreement between Iraq & the UK. For her part, the Head of the Commercial Section at the British Embassy renewed her country's support for Iraq's accession to the organization, noting the UK's readiness to provide the required support through cooperation & partnership programs & contribute to the development of institutional competencies. At the end of the meeting, the two sides praised the level of coordination and joint cooperation & stressed the importance of continuing communication to achieve progress on issues of common interest & contribute to developing economic & trade relations between the two countries. Iraq Regains Part Of Its Market Share With A Measured Increase In Production. August 5, 2025 Baghdad - Qusay Munther The Ministry of Oil confirmed that it has not dealt with any suspicious tanker within Iraqi territorial waters, while noting that the Kurdistan Region has not yet committed to delivering any of its oil production in accordance with the agreement concluded with Baghdad. “Iraqi ports are secure and are managed in close coordination with security and operating agencies,” said Ali Nizar Faiq, director general of the Iraqi Oil Marketing Company (SOMO). He added that “the leaked document in circulation is real, but it is a normal routine procedure aimed at controlling oil tanker loading schedules.” He pointed out that “the document was directed exclusively to the relevant security agencies, in a high-level format, to ensure tight control over export operations.” Faiq explained that “any suspicious tanker will be located by the competent authorities.” He pointed out that “the four tankers mentioned in the document have been monitored & may be loaded with industrial materials unrelated to oil.” He stressed that “there are no current or future dealings with companies or entities subject to sanctions, and measures are being taken to remove any suspicious tanker from Iraqi territorial waters.” He went on to say that “Iraqi daily oil exports range between 3.35 million and 3.4 million barrels, 78 percent to 80 percent of which go to Asian markets, as they are developing markets with high consumption.” “The increase decided by OPEC for Iraq through oil production is a well-studied increase, as the market conditions were studied in terms of production, demand & the extent of balance in the global oil market between supply & demand,” Faiq said. “The increase only comes after ensuring that the market can bear it through OPEC experts and the countries allied with it,” he explained, explaining that “the increase came from the voluntarily reduced quantities, not from the original reduced quantities, according to the agreement between these countries.” He added that “this increase serves these countries and restores their market share somewhat, including Iraq in the global markets, except that…” Prices are also rising, supported by existing demand during the 3rd quarter of this year. Oil prices were unchanged after falling for three days, due to growing concerns about oversupply after OPEC+ agreed to another large production increase in September, but the possibility of further disruption to Russian supplies supported the market. Brent crude futures settled at $68.76 per barrel, while US West Texas Intermediate crude fell two cents, or 0.03 percent, to $66.27 per barrel. Both crudes fell more than 1 percent in the previous session, reaching their lowest levels in a week at settlement. Meanwhile, the Southern Electricity Transmission Company confirmed that the operation of a new power transmission line will strengthen the power system in Dhi Qar and Muthanna governorates. The Director General of the Southern Electricity Transmission Company, Hazem Lafta, said in a statement yesterday that “the operation of the Dhi Qar-Muthanna 400 kV combined power transmission line with a capacity of 2,000 megawatts, with 237 towers & a length of 90 kilometers, came based on the directives of PM Mohammed Shia Al-Sudani & the Minister of Electricity, Ziyad Ali Fadel,” stressing that “this line will contribute to strengthening the energy system and improving the performance level of the national grid in the provinces of Dhi Qar & Muthanna.” He pointed out that "the work was completed in record time by the national staff of the Ministry of Electricity & the supporting & contracting parties." The Dollar Price Stabilized In Local Markets As The Stock Exchange Closed. The Dollar ER stabilized in the markets of Baghdad and Erbil governorates, with the closing of the stock exchange on Tuesday evening. The Dollar prices maintained their stability in the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, where the exchange rate recorded 139,950 dinars per 100 Dollars, the same prices recorded this morning. The selling prices in exchange offices in the local markets in Baghdad reached 141,000 dinars for every 100 Dollars, while the purchase price reached 139,000 Dinars. In Erbil, the Dollar prices also recorded stability, as the selling price reached 139,850 Dinars, the purchase price 139,750 dinars per 100 Dollars. Gold Rises, Supported By A Weaker Dollar & Lower UST Yields. Gold prices rose for the fourth consecutive session on Tuesday, supported by a weaker Dollar & lower UST yields, as weaker-than-expected US jobs data reinforced bets on an interest rate cut in September. Spot gold rose 0.1 percent to $3,375.89 per ounce, while US gold futures also rose 0.1 percent to $3,430.40. The Dollar index hit a near one-week low, making gold more accessible to holders of other currencies & the yield on the benchmark 10-year UST note fell to a one-month low. Among other precious metals, spot silver rose 0.1 percent to $37.44 an ounce, platinum gained 0.1 percent to $1,330.31 & palladium rose 0.2 percent to $1,204.25 . Due To Increased Supply, Global Oil Prices Stabilize. Oil prices were little changed on Tuesday after three days of declines due to mounting concerns about oversupply after OPEC+ agreed to another large production increase in September, but the possibility of further disruption to Russian supplies supported the market. Brent crude futures were steady at $68.76 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 2 cents, or 0.03%, to $66.27 a barrel. Both contracts fell more than 1% in the previous session & settled at their lowest levels in a week.

Here's some articles of Dinarian interests... Direct From The SANDBOX Report. Asseccion To WTO Is A Strategic Step. Treat as rumors. Not verified. Your opine. FROM IRAQI SOOURCES: Minister Of Trade: Iraq's Accession To The WTO Is A "Strategic Step" ARTICLE: The Ministry of Trade confirmed, on Tuesday, that Iraq's accession to the World Trade Organization is a "strategic step." Ministry spokesman Mohammed Hanoun told Mawazine News that "Minister of Trade Atheer Al-Ghurairi announced today that Iraq has made significant progress in its accession process to the WTO. "Hanoun added that "the minister explained that the national team responsible for completing the accession requirements has completed answering more than 450 technical questions submitted by the organization's members, which reflects Iraq's serious commitment & transparency in dealing with the requirements of this important int'l process." Hanoun confirmed that the minister indicated that "the national team is fully prepared for the next round of meetings with the organization's General Secretariat and members of the working groups & will represent Iraq with a unified position based on a national economic vision that seeks disciplined integration into the global economy." +The minister also noted that "accession to the WTO constitutes a strategic step to support the business environment, stimulate investment & develop productive sectors, especially industrial & agricultural, thus enhancing Iraq's economic position regionally & internationally." Hanoun concluded, "The Minister reiterated that the Ministry of Commerce, in coordination with relevant ministries & institutions, will continue its technical & diplomatic efforts to ensure the best results in the service of the supreme national interest." A Government Advisor Explains The Importance Of Increasing The Link Between Mineral Investment & The Development Of Manufacturing Industries. The PM's Financial Advisor, Mazhar Mohammed Salih, explained today, Wednesday, that Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector, while stressing the importance of increasing the link between mineral investment & the development of national manufacturing industries. Salih said in a statement followed by Mawazine News that "Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector, a sector that has been neglected for decades. The government has signed memoranda of understanding with reputable int'l companies in the fields of mineral exploration & investment, especially in the fields of phosphate, sulfur, lithium & copper. This is within the framework of the strategic directions of the Iraqi government program to diversify sources of national income & optimally exploit the country's wealth." He added, "Investment in the mining sector will contribute to attracting billions of dollars in fields ready for development, such as sulfur, phosphate, lithium & other minerals." He pointed out that "Iraq ranks 1st in the world in terms of the concentration of natural resources per square kilometer & 9th in the world in the value of various natural resources, with an estimated value exceeding 16 trillion USD, according to published global estimates." The Various Reserves Of Land Wealth Constitute A Diverse Stock Of Minerals, Foremost Among Which Are: 1st Is Phosphate: its reserves are estimated at more than 10 billion tons & our country is 2nd in the world in terms of reserves, & is concentrated in the Akashat area in Anbar Governorate. 2nd Is Free Sulfur: Our country enjoys large reserves in Mishraq in Nineveh Governorate, which is considered one of the largest free sulfur fields in the world. The 3rd Is Silica: in the Najaf region and western Iraq, and is used in the glass, electronics, and semiconductor industries. It is one of the most important & purest reserves in the world, according to published int'l estimates." He continued: "Likewise, iron, manganese, copper & gold are distributed across various regions of Iraq, especially in the Kurdistan Region & the western & central borders, except for southern Iraq, which possesses vast reserves of other rare natural resources." He pointed out that "the policy of diversifying the national economy through the extraction and processing of mineral resources for national industries & then adopting their export by maximizing (value-added chains) in manufacturing or semi-manufacturing industries, will add at least 10 percent to the GDP in the 1st phase." He pointed out that "the percentage will then increase to form, over time, one of the pillars of diversifying national income sources, especially if the link between mineral investment and the development of national manufacturing industries grows, such as fertilizer, aluminum, glass, electronics & battery industries related to renewable energy. In addition to the introduction of foreign capital, advanced technology & digital services, the provision of national job opportunities & investment in the Iraqi people as a productive national energy." Headed By The PM, The Higher Committee For Reconstruction & Investment Approves Several Projects. Headed by the PM, the Higher Committee for Reconstruction & Investment approves several projects.

FROM OTHER SOURCES: Economist Calls On The Government To Delay Joining The WTO. ARTICLE: Economic expert, Bassam Raad, called on the Iraqi government to delay Iraq’s accession to the World Trade Organization. Raad said in an interview with Al-Eqtisad News, “Iraq, which has observer status in the World Trade Organization, seeks to join it after the removal of political restrictions that prevented this, including its exit from Chapter VII procedures of the United Nations Charter.” He added, “This endeavor has positive effects, including expanding economic partnerships and integrating it into the global economy, but on the other hand it represents a problem, especially since the demands of the WTO are to allow the access of its members’ trade to the markets & to free trade from all restrictions, as it is an organization of producing and manufacturing countries, which means opening the Iraqi local markets to imports & thus negatively affecting any attempt to rebuild the productive, industrial & agricultural sectors & leaving the economic horizon dependent on consumer imports coming from abroad.” The economic expert explained that “since Iraq depends on oil exports and oil is not subject to customs barriers by importing countries, it should be cautious before seeking to join the World Trade Organization & work towards economic reform and begin implementing plans to diversify local production & build industrial capabilities that support the trend towards exporting abroad, which contributes to enhancing the positive effects of the accession process.” -Baghdad Minister of Trade, Athir Dawood Al-Ghariri, stressed today, Thursday, the importance of Arab support for Iraq’s accession to the World Trade Organization. A statement by the Ministry of Commerce, received by “Al-Eqtisad News”, stated that “Minister of Commerce Athir Dawood Al-Ghariri met with the Saudi Ambassador and Head of the Working Group on Iraq’s Accession to the World Trade Organization, Saqr Al-Muqbil, in the presence of the ambassadors of the Arab countries in the organization to discuss mobilizing Arab support for the file of Iraq’s accession to the World Trade Organization.” The statement added, “During the meeting, the progress made by Iraq in meeting the requirements for accession and the challenges it faces in this path were reviewed.” During the meeting, Minister Al-Ghariri stressed the “importance of Arab support to strengthen Iraq’s position & achieve its goals in joining the organization.” At the same time, the Minister pointed out “the economic & commercial benefits that will accrue to Iraq and the Arab countries through this accession.” For their part, the Arab ambassadors expressed their “readiness to support Iraq in its efforts,” stressing “the importance of strengthening Arab cooperation in international organizations.” -Expert in energy economics, Kofd Sherwani, called on the government to accelerate implementation of gas isolation projects associated with oil extraction operations, while he stated that importing natural gas from countries costs Iraq billions of USD. Sherwani said, “Iraq possesses huge natural gas reserves amounting to 132 trillion standard cubic feet.” Pointing out, “Projects for isolating associated gas in the southern fields must be expedited, so that they can be used in operating electrical power plants.” Sherwani added in a press interview, “These projects were supposed to be accelerated more than ten years ago so that Iraq would reach the stage of sufficiency & dispense with importing natural gas & electricity from any other source.” He pointed out, “The rate of burning gas in Iraq decreased from 40% to 35%, according to the statements of the Ministry of Oil, that stopping gas burning will occur within three years, while sufficiency of natural gas will occur within five years ” Noting that, “This matter will save the state billions of Dollars, amounting to 4 or 5 billion Dollars spent annually on importing natural gas & electricity.” The energy economics specialist stated, “The United States has placed restrictions within the sanctions imposed on Iran, while placing restrictions on sending the financial compensation for imported gas and electricity, and when these payments are delayed, Iran sometimes reduces or cuts the quantities processed as a form of pressure on the Iraqi government to pay what it owes.” Accumulated costs of supplied gas. He stressed, “Iraq has already paid all of Iran’s dues for the price of gas & electricity, but despite that we hope that the Ministry of Oil’s projects in isolating gas and investing in it will be accelerated to reach the stage of sufficiency & save these amounts & perhaps in the event of strengthening the capabilities to produce gas, Iraq is reaching a stage.” Export for the period after five years or a little more.” -Despite Objections, Basra Council Prepares To Vote On 2024 Budget. He continued, “The reason for the interruptions of imported natural gas from Iraq is that the areas from which gas is supplied from countries are already in need of gas, and this need increases in some seasons, because this gas is used in power stations & to equip some laboratories, because they represent the regions.” In the final distribution network, there is always little flow & many stops, and this causes interruptions that directly affect the supply of electrical energy, some of whose stations depend on imported Iranian gas at an amount of 50 million cubic meters per day.” The energy economics specialist stated, “The US has placed restrictions within the sanctions imposed on Iran, while placing restrictions on sending the financial compensation for imported gas & electricity & when these payments are delayed, Iran sometimes reduces or cuts the quantities processed as a form of pressure on the Iraqi government to pay what it owes.” Accumulated costs of supplied gas. He stressed, “Iraq has already paid all of Iran’s dues for the price of gas & electricity, but despite that we hope that the Ministry of Oil’s projects in isolating gas and investing in it will be accelerated to reach the stage of sufficiency & save These amounts & perhaps in the event of strengthening the capabilities to produce gas, Iraq is reaching a stage.” Export for the period after five years or a little more.” -Despite Objections, Basra Council Prepares To Vote On 2024 Budget. Basra Basra Governorate Council confirmed, today, Thursday (July 18, 2024), its intention to pass the Budget for the current year 2024 at the end of next week, as the study of the project plan for the current year 2024 will be completed & approved in general. The head of the Design Bloc in the provincial council, Aqil Al-Furaiji, told Baghdad Today, “The council will work to host officials from the directors of all departments to discuss the sectors included in the projects of the current year 2024, as they are the beneficiaries, to involve them in the discussions & for the purpose of reviewing them in detail.” He explained that “the committee’s work continues even on holidays to complete the plan and submit it to the provincial council for approval at the end of next week,” noting that they are “promising projects that will benefit the Basra citizen.” Basra Governorate MP Dhurgham Al-Maliki had confirmed in previous press statements that the governorate was counting on the 2023 budget, of which only 30% had been spent. -MP Al-Maliki said that Prime Minister Mohammed Shia Al-Sudani confirmed to him that there is 70% of Basra’s money remaining & has not been circulated. It is a trust with the government & will be spent with what was allocated to Basra in the current year’s budget. Al-Maliki pointed out that there are accumulated amounts of Basra’s dues from petrodollar amounts estimated at 20 trillion Dinars & that schedules & a mechanism for disbursement must be established, noting that many projects have been allocated to Basra in the 2023 Budget & are awaiting the release of funds to complete them. He explained that Basra is not counting on the 2024 Budget, but rather on last year’s budget to complete projects. Members of the Basra Council and representatives of the province in the House of Representatives had criticised & objected to the decision to reduce the financial allocations for the province from 2 trillion & 900 million Dinars to only 850 billion. This came as a great shock to the governorate, which is the economic capital of Iraq, as the allocations are not even enough to cover the debts of companies and contractors tasked with service projects, according to official statements, stressing the need to reconsider the decision in a manner that is consistent with the size of the governorate & its needs for projects.

Here's two articles of Dinarian interests... Iraq continues it's efforts to meet WTO guidelines. Treat as a rumors. Not verified. Your opine. TNT via Tishwash: They Are Running This Again. Iraq Continues Its Efforts To Gain Membership In The WTO. ARTICLE: The Ministry of Commerce confirmed the government's aspiration to join the WTO, especially after the Saudi representative in the organization, Saqr Al-Muqbel, was named to manage Iraq's accession file, noting that his recent visit to Baghdad contributed to addressing a number of important files. The ministry’s official spokesman, Muhammad Hanoun, said, “Iraq has joined as an observer in the WTO since 2004 & until 2023 this accession faced many problems & challenges, the most recent of which is the failure to pay dues to join the observer organization. However, after the announcement of the government program by PM Muhammad Shia Sudanese began working again on the possibility of Iraq joining this organization, as two sessions took place and a dialogue was held with the organization by the Iraqi negotiating team headed by the Minister of Trade, Atheer Al-Ghurairi, which included all the relevant Iraqi ministries & bodies. Hanoun added, “The WTO assigned the Saudi representative to the organization, Saqr Al-Muqbel, to manage the file of Iraq’s accession & he came to Baghdad on an important visit & met with the Iraqi negotiating team & many issues were addressed, the most important of which were the files of goods & services, as well as the legislation that the Iraqi economic reform team in the PM’s Office would carry out.” By addressing it within the frameworks & legislation within which the WTO operates.” He continued, "Joining will achieve many things for Iraq, most notably that it will support the file of Iraqi goods & facilitate their entry into global markets & secondly, the harmonization of Iraqi laws & regulations with international laws & regulations," pointing out that "Iraq has today become a major economic player on the world level & needs to harmonize Iraqi laws with international laws." . He stressed, “Minister of Trade Atheer Al-Ghurairi attended the 3rd session of the WTO, which was held in the Emirate of Dubai in the UAE & met with the Assistant Director-General of the organization. We believe that the meeting will achieve progress in achieving the government’s aspirations regarding accession in an accelerated manner,” appreciating “the Saudi efforts in overcoming many special obstacles.” Iraq's accession to the WTO. Tishwash: Trade Confirms The Processing Of Files Within Efforts To Join The WTO. ARTICLE: The Ministry of Commerce confirmed the government’s aspiration to join the WTO, especially after the Saudi representative in the organization, Saqr Al-Muqbel, was named to manage Iraq’s accession file, noting that his recent visit to Baghdad contributed to addressing a number of important files. The ministry’s official spokesman, Muhammad Hanoun, told a news agency: “Iraq joined as an observer in the WTO from 2004 & until 2023, this accession faced many problems & challenges, the most recent of which was the failure to pay dues to join the observer organization, but after the announcement Regarding the government program of PM Muhammad Shiaa Al-Sudani, work began again on the possibility of Iraq joining this organization, as two sessions took place & a dialogue was held with the organization by the Iraqi negotiating team headed by the Minister of Commerce, Atheer Al-Ghurairi, which included all the relevant Iraqi ministries & bodies. Hanoun added, “The World Trade Organization assigned the Saudi representative to the organization, Saqr Al-Muqbel, to manage the file of Iraq’s accession & he came to Baghdad on an important visit & met with the Iraqi negotiating team & many issues were addressed, the most important of which were the files of goods & services, as well as the legislation that the Iraqi economic reform team in the PM’s Office would carry out.” By addressing it within the frameworks & legislation within which the WTO operates.” He continued, "Joining will achieve many things for Iraq, most notably that it will support the file of Iraqi goods & facilitate their entry into global markets & secondly, the harmonization of Iraqi laws & regulations with international laws & regulations," pointing out that "Iraq has today become a major economic player on the world level and needs to harmonize Iraqi laws with international laws." He stressed, “Minister of Trade Atheer Al-Ghurairi attended the 3rd session of the WTO, which was held in the Emirate of Dubai in the UAE & met with the Assistant Director-General of the organization. We believe that the meeting will achieve progress in achieving the government’s aspirations regarding accession in an accelerated manner,” appreciating “the Saudi efforts in overcoming many special obstacles.” Iraq's accession to the WTO.

Here's an article of Dinarian interests... Iraq Returns To The WTO 14 Years After Its Expulsion. Treat as a rumor. Not verified. Your opine. TNT via Tishwash: So Are They In Or Not? Iraq Returns To The WTO 14 Years After Its Expulsion. ARTICLE: Iraq is preparing for a major change in the trade file with the countries of the world & is preparing to exceed the limits set for Iraqi goods, with its return to the WTO 14 years after it was expelled as a result of its failure to adhere to the organization’s meetings. The head of the Kingdom of Saudi Arabia’s mission to the World Trade Organization/the Saudi Permanent Representative to the World Trade Organization & responsible for the file of Iraq’s accession to the WTO, Saqr al-Muqbel, visited Iraq today, Monday & delivered a speech in which he reviewed the importance of joining the WTO. Al-Muqbil said in a press conference followed by a news agency, “I find Iraq’s accession to be a serious message from Iraq to the whole world, that Iraq is continuing its path of engagement with the whole world,” adding: “I find myself among my loved ones & brothers to do everything we have for your participation.” “The Kingdom’s successful experience in joining the World Trade Organization.” He explained, “The Kingdom joined the World Trade Organization in 2005 & our non-oil merchandise exports amounted to about 18 billion Dollars & exports have now reached 84 billion Dollars with the world,” noting that “the Kingdom’s service exports alone amounted to about 11 billion Dollars in 2005 & have now reached more than 34 billion Dollars. He pointed out that “these achievements depend on Iraq’s signals to join & accelerate its pace to find Iraq in its usual position & as one of the largest economies in the Arab region & the Middle East.” For his part, the Iraqi Minister of Commerce, Atheer Al-Ghurairi, said, “Iraq is taking steps to return as a strong economic player by opening relations with Arab countries & all countries of the world,” noting that “today, within a year, we were able to finalize three files and submit them to the committee related to Iraq’s accession to the WTO.” global trade in goods & services. He stated that “Iraq joined as an observer in the WTO in 2004 & in 2009 Iraq stopped meetings &d reached the point of being removed from the organization & last year 2023, through continuous work on that & with the help of Saudi Arabia & the head of the Saudi mission in the organization, Iraq returned as an observer to the organization.” Global trade & we accomplished in one year the equivalent of more than 15 years’ work.”

Here's some articles of Dinarian interests... Several articles suggests Iraq will join WTO, Friday. Treat as rumors. Not verified. Your opine. MarkZ via PDK: Joining The WTO. ARTICLE: I am still getting Friday night through Sunday morning from nearly all of my contacts…. I am being told that Iraq on Friday is expected to join the World Trade Organization and that they have a fully international currency. This means a lot needs to happen in the next 24-36 hours. We are going to watch it closely. From Other Sources: Iraqi Dinar Iraqi - Dinar Revaluation News. THREAD: Dinar at $3.22. Iraqi Dinar latest RV update MarkZ: Things Are Looking Very Good. MZ THREAD: Member: GOOD MORNING, EVERYONE!! Member: Is today the day! Hope Mark has good news!!! Member: Charlie Ward always thought it would happen on a Thursday!! Let’s hope it does. MZ: I am still getting Friday night through Sunday morning from nearly all of my contacts….to expect the release of bonds ect…..Let’s hope they are accurate. Things are looking very good, but manage your expectations. MZ: I am being told that Iraq on Friday is expected to join the WTO & that they have a fully international currency. This means a lot needs to happen in the next 24-36 hours. We are going to watch it closely. Member: Isaac is saying he is waiting for a very important CC today. MZ: He is not the only one on the bond side that is waiting for that update…As I understand it – it is to update them on if they are still on schedule for the anticipated economic receipt…..meaning they will be able to spend their money without any restrictions. Member: Mark, any news on the redemption center folks.. are they working this weekend? Member: Mark will you have the number we can call to exchange when this happens? MZ: I am told I will have a 800 number or a secure link you can use to get your number. I am told I should have those about 30 minutes before its time to announce it. Member: Dinar Recaps says they will also send an email notice when the RV happens. MZ: Yes- I am told that Recaps and a number of dinar sites will be sent those out to publish and email them. They do not have the numbers now so do not frustrate them and you with asking. I was told by two participating banks that they will issue instructions to the larger aggregating sites when it is time to send them out to their massive mailing lists. MZ: My plan is to let you know via youtube,Telegram, rumble Twitter or X…. Member: With the QFS system do we need to worry about having more insured with the FDIC? MZ: Mr. C is confident we will not need to worry about insuring accocunts…..I will probably be paying for extra insurance until I feel real good about the QFS. . Member: my bank told me over a month ago their bank is already backed by the QFS the teller told me and was very adamant about it Member: The forex closes Friday at 5 est time and doesn’t open back up until Sunday at 6 east. The rate has to show on the FX to exchange at the RI/RV rate…imo. Member: Mark –do you think Nesara & the global RV is already done? MZ: I think they are prepared & just awaiting the release. I can tell you there was an attempt to release it all last weekend & it was punted to happen sometime this week. Member: Mark, are you still hearing our current bank accounts are mirrored and safe in the QFS ? MZ: I am. But we shall see. Member: I think it may happen 11/11 at 11:11 is the day & time…Chinese love numerology. Member: Maybe this is considered our 3-day weekend… Veteran’s Day is the 11th!! Member: My bank is closed tomorrow in observance of Veterans Day. Member: Encyclopedia has now changed the definition of the word “Soon” . LOL. Member: “Be kind to yourself as you proceed along this journey. This kindness, in itself, is a means of awakening the spark of love within you & helping others to discover that spark within themselves.” TB Member: We create our own reality. I’m making mine a beautiful one! Whatever I’m blessed with, well I’m hoping it’s a lot, to do more projects with it Member: Thank all…..Looking forward to this 3 day weekend…..have a good feeling this really may be it!!!

here's an article from Dinarland... Iraq's requirements to enter into WTO. Treat as a rumor. Not verified. Your opine. ARTICLE: Government Movement To Complete The Requirements For Accession To The WTO. On Wednesday, It was revealed, the Minister of Commerce detailed it's plan to complete the requirements for Iraq's accession of the WTO.

Luigi came across theses rumors. First article states CBI must be compliant by the 1st or wait until next window entry into the WTO next year. It's do or die for Iraq to get 'er done. The second article claims it's done & we will be going on any moment. Not varified. Your opine. 23 Feb 2016 WSOMN : Dusty: Rumor is out that Iraq signed 28 agreements on the 8th of Feb that all intel about them going into the WTO on March 1st and have to have recognized tradable Internationally currency at that time-- we wait to see ==but had to be done by end of Feb for that to happen Tank: Ok roomies..Big difference..100 year charter of fed up November 2013....Since then China doing slow rooooooooollout with russia...Now they have THE BANK..WIRE SYSTEM,,RESERVE STATUs..we have nothing anymore stand on..SA depegging from dollar..all our govt has is our DINAR and 4.5 trillion from war repirations Saseearay: Mar 1 Iraq is being welcomed into the WTO... they cannot do that without an international recognized currency rate Iraq will be article 8 compliant by the IMF and the UN's Ban ki moon will welcome them into the wto... a big celebration is planned... i heard the IMF is allowing iraq to go mar 1 and finish the last 30 days of compliance after they revalue. Laszlo: only once a year is they can get into the WTO….. If they miss it, then its next year 23 Feb 2016 From Joyng @ WSOMN Guys I believe this to be absolutely true. It goes along with what Martha is saying. BE READY!! Good Evening Everyone, Please find tonight’s update from our funders: "It would appear that the redemption process has picked up steam and is surging full speed ahead. Our sources tell us that multiple redemption sources have begun to rapidly process currency transactions starting today. We have gotten word from several colleagues and clients who have been invited to redeem. This is shaping up to be a fantastic week for currency holders. As for the bonds, all new submissions have finally been halted. Bond redemption/monetization will likely surge ahead after the bulk of the currency transactions have been processed. There are no more delays! Any waiting we are doing from now and until the blackout is simply a function of redemption centers' bandwidth and hence their ability to get to our deals. We hope you are all are ready.