Business Council submit a proposal for Ebadi to join the Asian Investment Bank

[yota691]

 

 

Asian Investment Bank

Business Council submit a proposal for Ebadi to join the Asian Investment Bank

 

Author: ASJ, BS, HA 
Editor: BS, HA 21/4/2015 two eighteen p.m. number of readings: 139 

 

Long-Presse / Baghdad 

Declared the Iraqi National Business Council, on Tuesday, all presented a proposal to the Prime Minister Haider al-Abadi to join the Asian Investment Bank, the promise of joining the "big step" toward development, while pointing out that the bank would help Iraq in infrastructure services.  

The head of the National Business Council Karim Mohammed al-Shammari said in a statement received (long-Presse) a copy of it, that "Iraq's accession to the Asian Investment Bank is a major step towards development," noting that "many countries have joined, including Britain, Germany and France in addition to Arab countries, including the United Arab Emirates United Arab as well as Iran as well as Egypt's request to join. "

Shammari said that "the Iraqi National Business Council, which includes a group of Iraqi businessmen from various disciplines in the private sector submitted a proposal to the Prime Minister Haider al-Abadi to join this bank, which is largely in solving the problems of Iraq and the many that was established for which this project."

Shammari pointed out that the "Asian Investment Bank could help Iraq in bridging the large gap in the various infrastructure services, as well as electricity, energy, environment and others."

China was announced in 2013, during the summit of Asia-Pacific Economic Cooperation, "father" of the chief executives in Indonesia for the establishment of the "Asian Investment Bank", but pointed out that the aim is to establish a mechanism for financing and establishing a new platform for regional and international cooperation to support infrastructure projects in the Asian developing countries with a focus on energy, electricity and transportation projects as well as infrastructure, agriculture and rural water supply and sanitation, environmental protection and urban development projects, logistics and be led by Bank of China.

 

and you can read more about the New Asian bank in World Economy post by Butifldrm...

Posted 13 March 2015 - 08:16 AM

China-IMF talks underway to endorse yuan as global reserve currency
March 12, 2015, 12:12 pm

 

Including the yuan in the SDR basket would aid China’s attempts to diminish the dollar’s dominance in global trade and finance [Xinhua]

China is pushing for the International Monetary Fund to endorse the Chinese yuan as a global reserve currency alongside the dollar and euro.

Read more: http://dinarvets.com/forums/index.php?/topic/198912-china-imf-talks-underway-to-endorse-yuan-as-global-reserve-currency/#ixzz3Xxm8Tajz

[TBomb]

thanks to dinarbeliever and butifldrm and others for these arts

 

AIIB- IF IRAQ JOINS...WOW - EVERYONE- REMEMBER THAT THE IMF HAS ASKED CHINA TO ADD THE YUAN TO ITS BASKET OF BACKING CURRENCIES FOR THE SDR

 

04/21/2015 08:11 GMT
Iraqi Business Council propose to the government of Iraq's accession to the Asian Investment Bank

Follow-up - and babysit - suggest the Iraqi National Business Council of Ministers Council on Iraq's accession to the Asian Investment Bank, "expected" Iraq's accession to the bank that provides services and quality investment opportunities. "

The head of the Council Karim Mohammed al-Shammari said in a statement from the Council received news agency public opinion (and babysit) a copy of that "Iraq's accession to the bank is a major step towards the development has joined many countries, including Britain, Germany and France in addition to Arab countries, including the United Arab Emirates, as well as Iran Allta looked upon as founders and Egypt made application to join. "

Shammari said that the "National Business Iraqi Council, which includes the elite Iraqi businessmen and different terms of reference of the private sector and out of concern for the reconstruction of Iraq and prosperity submit a proposal to the Prime Minister Haider al-Abadi join this bank, which is largely in solving Iraq's many problems, which was established for which this project. "

He pointed out that "Asian Investment Bank as possible to help Iraq in support large gap to fill in the various infrastructure services, as well as electricity, energy, environment, and others."

It is noteworthy that the Asian Investment Bank actually began work in 2014, and is the authorized capital of the bank's $ 100 billion, and the initial capital of $ 50 billion, and the headquarters of the bank in the Chinese capital Beijing.

And adhered to the agreement establishing the bank 27 countries, including 20 countries from the Asia-Pacific countries.

A large number of experts believe that the bank, which is China created a potential competitor to the International Monetary Fund and the World Bank, which are dominated by the United States.

Leading European countries also expressed during the past two weeks about the intention to join the bank that China is promoting him, including Italy, Switzerland and Luxembourg.

http://alrayy.com/139754.htm

Iraqi Business Council propose to the government of Iraq's accession to the Asian Investment Bank
History of edits:: 21.4.2015 10:41 a.m. 
[baghdad-where]

the Iraqi National Business Council propose to the Council of Ministers Iraq's accession to the Asian Investment Bank, "expected" Iraq's accession to the bank that provides services and quality investment opportunities. "

The head of the Council Karim Mohammed al-Shammari said in a statement from the Council received by all of Iraq [where] a copy of which was that "Iraq's accession to the bank is a major step towards the development has joined many countries, including Britain, Germany and France in addition to Arab countries, including the United Arab Emirates, as well as Iran Allta looked upon as founders of Egypt and applied to join. "

Shammari said that the "National Business Iraqi Council, which includes the elite Iraqi businessmen and different terms of reference of the private sector and out of concern for the reconstruction of Iraq and prosperity submit a proposal to the Prime Minister Haider al-Abadi join this bank, which is largely in solution Iraq's problems and the many that was established for which this project. "

He noted that "ADB Investment possible to help Iraq in support to bridge the large gap in the various infrastructure services, as well as electricity, energy, environment and others."

It is noteworthy that the Asian Investment Bank actually began work in 2014 The authorized capital of the bank $ 100 billion, and the initial capital of $ 50 billion, and the headquarters of the bank in the Chinese capital Beijing.

acceded to the founding of the bank agreement 27 countries, including 20 countries from the Asia-Pacific countries.

It is believed a large number of experts that the bank which is China created a potential competitor to the International Monetary Fund and the World Bank, who dominated by the United States.

It was also the leading European countries during the past two weeks about the intention to join the bank that China is promoting him, including Italy, Switzerland and Luxembourg.

In the same vein, Brazil announced a few weeks ago it China's invitation accepted to join as a founding member to the Asian Bank for investment in infrastructure.

The Chinese President Shii Jean Ping announced in October 2013 during the summit of Economic Cooperation forum, the Asia-Pacific [APEC] Chief Executives in Indonesia on the establishment of [bank Asian investment, intended to establish a mechanism for financing and establishing a new platform for regional and international cooperation to support infrastructure projects in developing Asian countries, with a focus on energy, electricity and transportation projects, in addition to rural infrastructure, agriculture, water supply, sanitation and environmental protection projects and urban development, logistics and the Bank shall be chaired by Chin.anthy

http://www.alliraqnews.com/modules/news/article.php…

الثلاثاء 21 أبريل 2015 | 09:42 صباحا |
National Business Council propose to the government of Iraq's accession to the Asian Investment Bank

BAGHDAD / ... I suggest the Iraqi National Business Council, on Tuesday, the Council of Ministers on Iraq's accession to the "Asian Investment Bank", expecting that Iraq's accession to this bank will provide quality services and investment opportunities.

The head of the National Business Council Iraqi Karim Mohammed al-Shammari said in a statement received by the "eye of Iraq News" that Iraq's accession to the bank is a major step towards the development has joined many countries, including Britain, Germany and France in addition to Arab countries, including the United Arab Emirates, as well as Iran, which looked upon the founders in noting that Egypt applied to join. "

Shammari said, that "joining the bank will contribute to solving the economic problems of Iraq, which was established for which this project."

Shammari pointed out that "Asian Investment Bank as possible to help Iraq in support to bridge the significant shortage of infrastructure services, as well as electricity, energy, environment and others."

It is noteworthy, that the Asian Investment Bank actually began work in 2014, with an authorized capital of the bank's $ 100 billion, and the initial capital of $ 50 billion, and the headquarters of the bank in Pkin.anthy 1

http://aynaliraqnews.com/index.php?aa=news&id22=36824

National Business Council calls on Iraq to join "the bank's Asian Investment"
21/04/2015 10:36 | 
BAGHDAD / Source News / .. called the Iraqi National Business Council, the Council of Ministers to join Iraq to "Asian Investment Bank."

The head of the National Business Council Iraqi Karim Mohammed al-Shammari, said in a statement from the Council and the Agency / Source News / received a copy of it, on Tuesday, said that "Iraq's accession to this bank is a big step towards development, has joined many countries, including Britain, Germany and France, in addition to Arab countries, including the United Arab Emirates, as well as Iran, which looked upon as founders and Egypt made a request to join. "

He stressed that the "National Business Iraqi Council, which includes the elite Iraqi businessmen and different terms of reference of the private sector, and out of concern for the reconstruction of Iraq and prosperity submit a proposal to the Prime Minister Haider al-Abadi, to join this bank, which is largely in solving Iraq's many problems, which was established for it this project ".

He said the "Asian Investment Bank as possible to help Iraq in support to bridge the large gap in the various infrastructure services, as well as electricity, energy, environment and others."

He pointed out that the "Asian Investment Bank actually began working in 2014, and is the authorized capital of the bank's $ 100 billion, and the initial capital of $ 50 billion, and the headquarters of the bank in Beijing."

And adhered to the agreement establishing the bank 27 countries, including 20 countries from Asia and the Pacific, and believed a large number of experts that the bank, which is China created a potential competitor to the International Monetary Fund and the World Bank, which are dominated by US Altdh.anthy / p

http://l-news.net/index.php/economy/77197.html

Economic Adviser to the Prime Minister and the likely "Undo the US dollar against the Iraqi dinar," stressing that "the government will take measures to address the situation in coordination with the Central Bank."

Economic Adviser to the servants, high dollar prices because of Article 50 of the Budget

BAGHDAD / Source News / .. Economic Adviser to the Prime Minister revealed the appearance of Mohammed Saleh, Sunday, that one of the reasons for the high dollar prices back to Article 50 of the current budget, which identified the central bank to sell less than 75 million dollars a day in the auction law.

Saleh said in an interview I followed Agency / Source News / "After identifying the auction of certain quantities of operations led dollar selling to the emergence of a new market for the sale of a parallel dollar auction a controlling operations selling currency based on false rumors to raise prices and make a speculation in the market," he said, adding "It should be on the government to put processors for this article, which restricted the work of the Bank and led to higher dollar prices during the last term."

Economic Adviser to the Prime Minister and the likely "Undo the US dollar against the Iraqi dinar," stressing that "the government will take measures to address the situation in coordination with the Central Bank."

The Prime Minister Haider al-Abadi called for the central bank to control the Iraqi dinar exchange rate against the currencies Alajunbah.anthy T.

 

 

Read more: http://dinarvets.com/forums/index.php…

just a "connecting" art re the AIIB (for more background info on the above articles)

 

China is leading the international financial system change

 

4/21/2015 0:00

WASHINGTON (Reuters) - 
leading China through its project to establish a giant investment bank in Asia and ambitions associated with its currency, countries that want to get rid of the global financial system dominated by the Americans. 
The attached spring meetings in Washington of the International Monetary Fund and the World Bank, and the heirs of the Bretton Woods agreements in 1944, which was attended by Finance ministers and central bank governors, great attention to this move China.oukal World Bank President Jim Yong Kim that he wanted to "congratulate China on the big step toward pluralism" is represented by the establishment of infrastructure financing bank which, expressing his hope "to deal with him closely," .okhlava As hopes by Washington, which has custody of such Japan on this project, received the next institution welcome a large number of countries. So far, 57 states declared their interest Bh.ohma contrasts with the decline "Brix bank" project, which was launched with great fanfare the summer of 2014 by the major emerging countries and has Vqt.ohma political project is clearly incompatible with the two institutions, namely the International Monetary Fund, which lends in Crisis and the World Bank, which provides development assistance, and the Americans and Europeans share their management for a long time. See Christophe d'Este, a researcher at the French Research for International Economics Center, the Chinese offer a more pragmatism and allows each one to find Mkana.oadav to foreign countries is certainly looking for new outlets in the area of public works, energy, as well as for banks, and bank investment infrastructure hoped Altamol of markets. This requires financial services and this is probably the reason that led Britain to join the project. "The implications of Hamas Britons, who were one of the first founding members of this bank, the wrath of France, Germany and Italy, which would have preferred step Mstrkh.oukal participants in the meetings of Washington that the British finance minister George Osborne faced sharp criticism from other European officials because of this Alkhtoh.oroy d'Este to China looking for a "port of the industry" are overly in their capabilities, taking into account "the interests of diplomacy is to weaken American influence." He added that "in spite of the disadvantages of the system (Bretton Woods), the China find it useful. "He continued," they have the means to influence it and even change ", and it will remain so as long as the dollar global currency remained Alaoly.ala that monetary power of the United States does not prevent them from feeling Bakulq.oukal US Treasury Secretary Jack Liu," even if the new institutions show, I want to emphasize that the International Monetary Fund, the institution remains the reference to enhance the stability of the global economy. "

shamari has been suggesting Iraq depeg from the USD for about a year now

Edited April 21, 2015 by TBomb

[Freedomwish]

Well now, looks like we should take a dip into the Chinese Yuan too!  There's a buzz going about it within the last couple of weeks! 

[sandfly]

THANKS

[yota691]

Iraq watching Asian Investment Bank business

 

 

       

4/22/2015 0:00 

In order to join him in the future 

 BAGHDAD - Farah pumice 

despite Washington and some European countries, fears of a project receives the establishment of an Asian Bank for investment in infrastructure, led by China welcomed internationally, especially by developing countries, but the US Treasury Department confirms that the World Bank reference institution will remain to boost the global economy . 

the center of this picture, Iraq take the observer into the work of this bank, which is still under construction, especially as the country needs to directly compete with concessional investments, and the economy is close to the reality of the economies of Asian countries. 

The aim of the Asian Investment Bank to support infrastructure projects in Asian countries developing with a focus on energy, electricity and transportation projects, in addition to rural agriculture, water supply, sanitation and environmental protection, as well as development projects and urban logistics. 

essential services economist Dr. appearance of Mohammed Saleh said "morning" in this regard: that "Iraq needs investment in infrastructure projects and the provision of essential services. " Salih noted that joining this development bank needs to contribute to capital, and Iraq is going through an economic crisis for the time being after the drop in oil prices in world markets for adoption class basis to this source as a resource Head to supplement the general budget, to Besides military operations against terrorism which the country witnessed after the events of June last year. It is planned to set up wholly of this bank by the end of 2015, within the expectations of the completion of the final touches on the agreement material (The Articles Of Agreement) and signed by the public financial management system in June Next to enter into force. harmony visions and the expert that there tune in visions with the current trends of the ADB, but Iraq is at the present time to monitor the work of this bank, and how to shape his works and in which direction to determine the interests of Iraq in accordance with the directions belonging By building on the country, from During the outlook for developing countries, and the extent of openness to projects and facilities to be provided, as well as economic impacts, likely Iraq join him in the future. With the establishment of this bank decisions taken grants Geoaguetsadia, but in favor of the view that it would be complementary to the work of the World Bank and its role in the stability of the global economy, especially that multilateral international institution development. and go to work the Bank Asian investment in infrastructure, the Beijing-based in 2014 with a capital of $ 50 billion, with total authorized capital of $ 100 billion, has joined him almost all Asian countries, in addition to most of the major countries outside Asia except the United States, Japan and Canada, as has been rejected North Korea's and Taiwan's accession requests are founding members prospective. and reliable specialists and observers Economists on Iraq's accession to the bank, which is a "big step" toward development, out of concern for the construction of the country and prosperity replenish Services infrastructure provided to citizens.

[k98nights]

22/04/2015 (00:01 pm)   -   the number of readings: 79   -  Issue (3344)

 

 

Business Council submit a proposal to join the Asian Investment Bank

 

 

BAGHDAD / long-Presse 
 

Declared the Iraqi National Business Council, on Tuesday, on a proposal submitted to the Prime Minister Haider al-Abadi to join the Asian Investment Bank, the promise of joining the "big step" toward development, while pointing out that the bank would help Iraq in infrastructure services.

The head of the National Business Council Karim Mohammed al-Shammari said in a statement received (long-Presse) a copy of it, that "Iraq's accession to the Asian Investment Bank is a major step towards development," noting that "many countries have joined, including Britain, Germany and France in addition to Arab countries, including the United Arab Emirates United Arab as well as Iran as well as Egypt's application to join. " 
Shammari said that "the Iraqi National Business Council, which includes a group of Iraqi businessmen from various disciplines in the private sector submitted a proposal to the Prime Minister Haider al-Abadi to join this bank, which is largely in solution Iraq's problems and the many that was established for which this project. " 
He Shammari that "Asian Investment Bank could help Iraq in closing the large gap in the various infrastructure services, as well as electricity, energy, environment and others." 
China was announced in 2013, during a summit Cooperation Forum Economic for Asia and the Pacific "father" of the chief executives in Indonesia for the establishment of the "Asian Investment Bank", but pointed out that the aim is to establish a mechanism for financing and establishing a new platform for regional and international cooperation to support infrastructure projects in the developing Asian countries, with a focus on energy, electricity and transportation projects in addition to infrastructure, agriculture and rural water supply and sanitation, environmental protection and urban development projects and logistics Bank and be led by China.

 

 

http://almadapaper.net/ar/news/486336/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84-%D9%8A%D9%82%D8%AF%D9%85-%D9%85%D9%82%D8%AA%D8%B1%D8%AD%D8%A7-%D9%84%D9%84%D8%A7%D9%86%D8%B6%D9%85%D8%A7%D9%85-%D8%A5%D9%84%D9%89-%D8%A7%D9%84