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US newspaper: Iraq may become the focus of Chinese aspirations in the Middle East


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On September 23, 2016 at 8:51 AM, spacetuna said:

Dinarian64-  China is no longer going to be the producer of "plastic cr-p"...  they will be the consumer.  Countries along the Silk Road are going to be the producers of goods (primarily Viet Nam) and China is moving to a new business model more similar to the US.  The Silk Road trade route is being put in place in part so China can pass this torch onto these Countries.  China has an initiative in which they are planning to force a hundred million people that live in it's outskirts to move into the ghost cities in which it has created by the year 2020.  This mass migration will create a middle class consumer base in China. So in a nutshell, China will not be selling products to Iraq, it will be buying it's oil and natural gas to help create this massive trade infrastructure being built around the world. This is a very good thing for Iraq and for us. 

 

"The engineering of the ghost cities were a part of the National New Urbanization Plan which intends to move 100 million people from the rural population into the cities by 2020.  The intent is to increase the urban population of China by 60% and create a larger consumer class as the economy shifts away from the exporting model"

https://www.jacobinmag.com/2014/10/the-urbanization-of-the-chinese-working-class/

Thanks for the information and understanding! Very informative. I appreciate.

Still a lot of use of useless things in the name of economic development. I'm an advocate of economic development based on thugs that help the world versus contribute to its decline.

There is a great site www.nobleprofit.com with articles on this perspective. When the dinar hits I will be investing herr in these kinds of companies - to put my money where my heart is.

i wish the Iraqis people were not dependent on the petrochemical and arms economy to rise from the dregs they have been in.

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Text of New Qaddafi Letter to Obama

Buried amid tens of thousands of pages of former US Secretary of State Hillarious Clinton’s secret emails, now being made public by the US Government, is a devastating email exchange between Clinton and her confidential adviser, Sid Blumenthal. It’s about Qaddafi and the US-coordinated intervention in 2011 to topple the Libyan ruler. It’s about gold and a potentially existential threat to the future of the US dollar as world reserve currency. It’s about Qaddafi’s plans then for the gold-based Dinar for Africa and the Arab oil world.

Two paragraphs in a recently declassified email from the illegal private server used by then-Secretary of State Hillarious Clinton during the US-orchestrated war to destroy Libya’s Qaddafi in 2011 reveal a tightly-held secret agenda behind the Obama Administration’s war against Qaddafi, cynically named “Responsibility to Protect.”

Barack Obama, an indecisive and weak President, delegated all presidential responsibility for the Libya war to his Secretary of State, Hillarious Clinton. Clinton, who was an early backer of an Arab “regime change,” using the secret Muslim Brotherhood, invoked the new, bizarre principle of “responsibility to protect” (R2P) to justify the Libyan war, which she quickly turned into a NATO-led war. Under R2P, a silly notion promoted by the networks of George Soros’ Open Society Foundations, Clinton claimed, with no verifiable proof, that Qaddafi was bombing innocent Libyan civilians in the Benghazi region.

Hillary-Angry-300x169.jpg

According to a New York Times report at the time, citing Obama Administration senior sources, it was Hillarious Clinton, backed by Samantha Power, then a senior aide at the National Security Council and today Obama’s UN Ambassador; and Susan Rice, then Obama’s ambassador to the United Nations, and now National Security Adviser. That triad pushed Obama into military action against Libya’s Qaddafi. Clinton, flanked by Powers and Rice, was so powerful that Clinton managed to overrule Defense Secretary Robert Gates, Tom Donilon, Obama’s national security adviser, and John Brennan, Obama’s counter terrorism chief, today CIA head.

Secretary of State Clinton was also knee-deep in the conspiracy to unleash what came to be dubbed the “Arab Spring,” the wave of US-financed regime changes across the Arab Middle East, part of the Greater Middle East project unveiled in 2003 by the Bush Administration after occupation of Iraq. The first three target countries of that 2011 US “Arab Spring”–an action in which Washington used its “human rights” NGOs such as Freedom House and National Endowment for Democracy, in cahoots as usual, with the Open Society Foundations of billionaire speculator, George Soros, along with US State Department and CIA operatives–were Ben Ali’s Tunisia, Mubarak’s Egypt and Qaddafi’s Libya.

Now the timing and targeting of Washington’s 2011 “Arab Spring” destabilizations of select Middle East states assume a new light in relation to just-released declassified Clinton emails to her private Libya “adviser” and friend, Sid Blumenthal. Blumenthal is the slick lawyer who defended then-President Bill Clinton in the Monika Lewinsky and other sex scandal affairs when Bill was President and facing impeachment.

Qaddafi’s gold dinar

For many it remains a mystery just why Washington decided that Qaddafi personally must be destroyed, murdered, not just sent into exile like Mubarak. Clinton, when informed of Qaddafi’s brutal murder by US-financed Al Qaeda “democratic opposition” terrorists, told CBS news, in a sick, joking paraphrase of Julius Caesar, “We came, we saw, he died,” words spoken by her with a hearty, macabre laugh.

Little is known in the West about what Muammar Qaddafi did in Libya or, for that matter, in Africa and in the Arab world. Now, release of a new portion of Hillarious Clinton’s emails as Secretary of State, at the time she was running Obama Administration war on Qaddafi, sheds dramatic new light on the background.

It was not a personal decision of Hillarious Clinton to eliminate Qaddafi and destroy his entire state infrastructure. The decision, it’s now clear, came from circles very high in the US money oligarchy. She was merely another Washington political tool implementing the mandate of those oligarchs. The intervention was about killing Qaddafi’s well-laid plans to create a gold-based African and Arabic currency to replace the dollar in oil trades. Since the US dollar abandoned gold exchange for dollars in 1971 the dollar in terms of gold has dramatically lost value. Arab and African OPEC oil states have long objected to the vanishing purchasing power of their oil sales, mandated since the 1970’s by Washington to be solely in US dollars, as dollar inflation soared more than 2000% to 2001.

In a newly declassified Clinton email from Sid Blumenthal to Secretary of State Hillarious Clinton dated April 2, 2011, Blumenthal reveals the reason that Qaddafi must be eliminated. Using the pretext of citing an unidentified “high source” Blumenthal writes to Clinton, “According to sensitive information available to this source, Qaddafi’s government holds 143 tons of gold, and a similar amount in silver… This gold was accumulated prior to the current rebellion and was intended to be used to establish a pan-African currency based on the Libyan golden Dinar. This plan was designed to provide the Francophone African Countries with an alternative to the French franc (CFA).” That French aspect was only the tip of the Qaddafi gold dinar iceberg.

Golden Dinar and more

During the first decade of this century, Gulf Arab OPEC countries, including Saudi Arabia, Qatar and others, began seriously diverting a significant portion of the revenues from their vast oil and gas sales into state sovereign wealth funds, many based on the success of Norway’s Oil Fund.

Growing discontent with the US War on Terror, with the wars in Iraq and in Afghanistan, and with overall US Middle East policies after September 2001, led most OPEC Arab states to divert a growing share of oil revenues into state-controlled funds rather than trusting it to the sticky fingers of New York and London bankers as had been the custom since the 1970’s when oil prices went through the roof, creating what Henry Kissinger fondly called the “petro-dollar” to replace the gold-backed dollar Washington walked away from on August 15, 1971. The present Sunni-Shi’ite war or clash of civilizations is in fact a result of the US manipulations after 2003 in the region— “divide and rule.”

By 2008 the prospect of sovereign control by a growing number of African and Arab oil states of their state oil and gas revenues was causing serious concern in Wall Street as well as the City of London. It was huge liquidity, in the trillions, they potentially no longer controlled.

The timing of the Arab Spring, in retrospect, increasingly looks tied to Washington and Wall Street efforts to control not only the huge Arab Middle East oil flows. It is now clear it was equally aimed at controlling their money, their trillions of dollars accumulating in their new sovereign wealth funds.

However, as is now confirmed in the latest Clinton-Blumenthal April 2, 2011 email exchange, there was a qualitatively new threat emerging for Wall Street and the City of London “gods of money,” from the African and Arab oil world. Libya’s Qaddafi, Tunisia’s Ben Ali and Mubarak’s Egypt were about to launch a gold-backed Islamic currency independent of the US dollar. I was first told of this plan in early 2012, at a Swiss financial and geopolitical conference, by an Algerian with extensive knowledge of the project. Documentation was scarce at the time and the story remained in my mental back-burner. Now a far more interesting picture emerges that puts the ferocity of Washington’s Arab Spring and its urgency in the case of Libya into perspective.

‘United States of Africa’

In 2009, Qaddafi, who was at the time the President of the African Union, had proposed that the economically depressed continent adopt the “Gold Dinar.”

In the months prior to the US decision, with British and French backing, to get a UN Security Council resolution that would give them the legal fig-leaf for a NATO destruction of the Qaddafi regime, Muammar Qaddafi had been organizing the creation of a gold-backed dinar that would be used by African oil states as well as Arab OPEC countries in their sales of oil on the world market.

Had that happened at the time Wall Street and the City of London were deep into the financial crisis of 2007-2008, the challenge to the reserve currency role of the dollar would have been more than serious. It would be a death knell to American financial hegemony, and to the Dollar System. Africa is one of the world’s richest continents, with vast unexplored gold and mineral wealth, had been intentionally kept for centuries underdeveloped or in wars to prevent their development. The International Monetary Fund and World Bank for the recent decades have been the Washington instruments to suppress African real development.

Gaddafi had called upon African oil producers in the African Union and in Muslim nations to join an alliance that would make the gold dinar their primary form of money and foreign exchange. They would sell oil and other resources to the US and the rest of the world only for gold dinars. As President of the African Union in 2009, Qaddafi introduced for discussion to African Union member states Qaddafi’s proposal to use the Libyan dinar and the silver dirham as the only possible money for the rest of the world to buy African oil.

Along with the Arab OPEC sovereign wealth funds for their oil, other African oil nations, specifically Angola and Nigeria, were moving to create their own national oil wealth funds at the time of the 2011 NATO bombing of Libya. Those sovereign national wealth funds, tied to Qaddafi’s concept of the gold dinar, would make Africa’s long-held dream of independence from colonial monetary control, whether of the British Pound, the French Franc, the euro or the US dollar, a reality.

Qaddafi was moving forward, as head of the African Union, at the time of his assassination, with a plan to unify the sovereign States of Africa with one gold currency, a United States of Africa. In 2004, a Pan-African Parliament of 53 nations had laid plans for an African Economic Community – with a single gold currency by 2023.

African oil-producing nations were planning to abandon the petro-dollar, and demand gold payment for their oil and gas. The list included Egypt, Sudan, South Sudan, Equatorial Guinea, Congo, Democratic Republic of Congo, Tunisia, Gabon, South Africa, Uganda, Chad, Suriname, Cameroon, Mauritania, Morocco, Zambia, Somalia, Ghana, Ethiopia, Kenya, Tanzania, Mozambique, Cote d’Ivoire, plus Yemen which had just made significant new oil discoveries. The four African member-states of OPEC–Algeria, Angola, Nigeria, a giant oil producer and the largest natural gas producer in Africa with huge natural gas reserves, and Libya with the largest reserves–would be in the new gold dinar system.

Little wonder that French President Nicolas Sarkozy, who was given the up-front role in the war on Qaddafi by Washington, went so far as to call Libya a “threat” to the financial security of the world.

Hillarious’s ‘rebels’ create a central bank

One of the most bizarre features of Hillarious Clinton’s war to destroy Qaddafi was the fact that the US-backed “rebels” in Benghazi, in the oil-rich eastern part of Libya, in the midst of battle, well before it was at all clear if they would topple the Qaddafi regime, declared they had created a Western-style central bank, “in exile.”

In the very first weeks of the rebellion, the rebel leaders declared that they had created a central bank to replace Gadhafi’s state-owned monetary authority. The rebel council, in addition to creating their own oil company to sell the oil they captured announced: “Designation of the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and appointment of a Governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.”

Commenting on the odd decision, before the outcome of battle was even decided, to create a western-style central bank to replace Qaddafi’s sovereign national bank that was issuing gold-backed dinars, Robert Wenzel in the Economic Policy Journal, remarked, “I have never before heard of a central bank being created in just a matter of weeks out of a popular uprising. This suggests we have a bit more than a rag tag bunch of rebels running around and that there are some pretty sophisticated influences.”

It becomes clear now in light of the Clinton-Blumenthal emails that those “pretty sophisticated influences” were tied to Wall Street and the City of London. The person brought in by Washington to lead the rebels in March 2011, Khalifa Hifter, had spent the previous twenty years of his life in suburban Virginia, not far from CIA headquarters, after a break with Libya as a leading military commander of Qaddafi.

The risk to the future of the US dollar as world reserve currency, if Qaddafi had been allowed to proceed–together with Egypt, Tunisia and other Arab OPEC and African Union members– to introduce oil sales for gold not dollars, would clearly have been the financial equivalent of a Tsunami.

New Gold Silk Road

The Qaddafi dream of an Arabic and African gold system independent of the dollar, unfortunately, died with him. Libya, after Hillarious Clinton’s cynical “responsibility to protect” destruction of the country, today is a shambles, torn by tribal warfare, economic chaos, al-Qaeda and DAESH or ISIS terrorists. The monetary sovereignty held by Qaddafi’s 100% state-owned national monetary agency and its issuance of gold dinars is gone, replaced by an “independent” central bank tied to the dollar.

Despite that setback, it’s more than notable that now an entirely new grouping of nations is coming together to build a similar gold-backed monetary system. This is the group led by Russia and China, the world’s number three and number one gold producing countries, respectively.

This group is tied to the construction of China’s One Belt, One Road New Silk Road Eurasian infrastructure great project. It involves China’s $16 billion Gold Development Fund, and very firm steps by China to replace the City of London and New York as the center of world gold trade. The Eurasian gold system emerging now poses an entirely new quality of challenge to American financial hegemony. This Eurasian challenge, its success or failure, could well determine whether we allow our civilization to survive and prosper under entirely different conditions, or whether we decide to sink along with the bankrupt dollar system.

F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook”.

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  • 3 months later...

Southern Silk Road

 

 

   
 

 
 

Author: Mohammed Sharif Abu Mayssam

2/15/2017 0:00

In the year 2013 , Chinese President Xi Jinping made a belt and roads initiative in order to trade network and infrastructure linking Asia to Europe and Africa to build, China allocated under $ 40 billion to fund launched by the Silk Road Fund, and since then more than 100 countries and international organizations welcomed the initiative as signed more than 40 countries and organizations on cooperation agreements with China. 
Remarkably here that the Chinese recently ignored this belt passage in the Persian Gulf towards Iraqi territory, an important part of the ancient Silk Road in global trade, and the closest of the pan - global trade routes as well as being the loop least expensive to link three continents and between those roads , let alone the importance of the Middle East markets for Chinese products !. Because there is no dry canal to be built on the Iraqi territory on the map of the belt Chinese and the road which runs towards China 's neighboring countries on four axes up three of them towards the southern seas of the Asian continent and the fourth will meet the third hub in northern Iran before heading to the Turkish territory and the ports of the Levant via northern Iraq. 
Which raises the question about China 's vision for the future of trade in the Middle East which is inundating the Middle Market and the various commodities. 
Have we found perception based on the Chinese project in this regard through a review of the institution trends behind the new president of the United States led him to abandon the trade agreement across the Pacific that are related to the liberalization of trade with the members of the Organization for Economic Cooperation Asia-Pacific countries . " your father. " This Convention , which was keen "America Obama" on them in order to contain China 's expansion in these countries Maadt useless in front of the reality of expansion imposed by China on trade and investment movement in the Member States markets, and therefore, the global dimension of China has become clear , as in the establishment of the "Asian Investment Bank in 2016 which even allies of the United States to attract , despite its attempts to prevent its allies from joining him. 
the China that have established 110 economic zones in 50 countries , has been able to attract at first America 's allies in the Persian Gulf command to project "belt and road" that 's coming with great economic benefits to the pan participating countries but realism map of the Chinese belt recently introduced without passing through the Arabian Gulf and the Iraqi lands , which form the heart of the American project in the Middle East , which is meant to reshape the trade and navigation of international roadmap according Format hat cowboy, as if China is expressing its gratitude to the US withdrawal from the trade agreement across the Pacific , her belt and withdraw from the Gulf region and Iraq as the preserve them and that does not rule out its role in the rapid onset of the port of Mubarak , as well as obstruction of navigation in the Khawr Abd Allah and hinder the emergence of the port of Faw over thirteen years to get Iraq out of the decision can be employed including not consistent control circuit and American interests in and what stays the southern silk road , a monopoly on the Middle East project owners manage time.
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Oil Minister receives an invitation to attend the "Silk Roads" conference in Beijing

02/03/2017 02:06 | Number of Views: 114

  
Oil Minister receives an invitation to attend the "Silk Roads" conference in Beijing

Direction Press / Baghdad

Receive Oil Minister Ali Jabar Luaibi, on Thursday, an official invitation from the Chinese ambassador in Baghdad and Chinng Chen to attend the "Summit for the construction of Silk," which will be held in Beijing next month through May.

 

A statement by the Ministry of Oil got "direction Press" a copy of it, that "the oil minister Jabbar Ali Allaibi met with China's ambassador in Baghdad Chen and Chinng and his accompanying delegation and discussed with him ways of enhancing joint cooperation between the two countries and to serve the common interests."

 

The Ambassador, according to the statement, "an official invitation from the Government of the Republic of China Minister of master to attend the" Summit for the construction of Silk ", which will be held in the Chinese capital Beijing in the coming month of May and will be attended by leaders and ministers and senior officials for more than twenty state highway."

 

He and Chinng for his country's keenness on "Strengthening cooperation with Iraq in all fields, particularly in the field of development of the oil and gas sector as an important economic countries in the region."

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History bugs most people.  Too much remembering. Places, people, facts, times.  The region we're so interested in is a part of history.  World leaders know these things.  They send their minions out to protect what they can.  When it gets beyond manageable, it shows up in the news.  Imagine hearing news about your hometown.  If it was written by a local, how would that sound?  Downtown USA could be described as hostile, unpredictable, to be avoided.  Not on your hotel booking website for sure...

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Beijing in lockdown ahead of ‘New Silk Road’ summit                                                                                                                           Forum will be most important international event yet hosted by Xi Jinping                                                           China is hosting a summit for its 21st-century version of the Silk Road © AP

YESTERDAY 

by: Tom Mitchell in Beijing Beijing is enjoying an unusually long run of clear blue skies thanks to widespread industrial closures ahead of the most important international event hosted by President Xi Jinping. The “New Silk Road” summit has attracted 29 national leaders from four continents and also prompted a nationwide security clampdown, as authorities try to ensure that it proceeds without a hitch. More than 80 other countries, including North and South Korea, are dispatching lower­ ranking representatives to the event. On Thursday morning, a number of subway stations near the defence ministry were closed abruptly, but reopened later in the day. The ministry has been the site of occasional protests by thousands of demobilised soldiers during the past year, and any recurrence would be embarrassing for the Chinese government. Formally known as the Belt and Road Initiative, referring to overland and maritime routes across the Eurasian landmass, the two­ day conference opens on Sunday. The initiative is considered to be Mr Xi’s signature foreign policy, which Chinese officials argue is focused on mutual economic development rather than enhancing Beijing’s geopolitical power. “The Belt and Road is not the Marshall Plan,” says Tsinghua University professor Hu Angang, referring to the US post­ second world war programme to rebuild western Europe. “We are not going to do whatever we want. We are searching for common interest and cooperating with other countries on development strategies.”  Regions as far away as Xinjiang, in China’s far north­west, have cited the summit when ordering stricter control of petitioners who often flock to the capital seeking help from central government officials. Residents in Tianjin, a large port city east of the capital, have been informed by local officials that they will not be allowed to fly kites or drones. Major road closures, including the expressway linking Beijing’s airport to the city centre, began on Friday and are expected to trigger four days of traffic chaos. Hotels have cancelled everything from chamber of commerce events to children’s art classes to accommodate VIPs including Russian President Vladimir Putin and Recep Tayyip Erdogan, his Turkish counterpart. Many of the activities will be centred around Yanqi lake, a resort area where many people maintain weekend homes. “The whole area is locked down,” said an employee at the Kempinski Hotel in Yanqi who asked not to be identified. “Some hotels have been closed since mid­April.” Over recent weeks, village officials in the area have gone door ­to­ door checking IDs and warning Beijing­based expatriates that they will not be allowed to use their weekend homes over the next few days. The Chinese government had hoped to assemble a weightier guest list to Mr Xi’s premier international forum, which is occurring just months before he formally begins a second five­ year term in office. But many heads of state and government, especially from G7 and OECD nations, were reluctant to participate in what they thought might be little more than a for China’s ruling Communist party. Only seven EU heads of state or government, most from smaller eastern European countries, accepted Mr Xi’s invitation, while Kenyan president Uhuru Kenyatta will be the only top ­level African VIP. Chinese officials had hoped that UK prime minister Theresa May would attend and also hold a bilateral meeting with Mr Xi, but their invitation was trumped by her decision to call a snap general election. The UK will instead be represented by Philip Hammond, chancellor of the exchequer, while the Trump administration is sending Matt Pottinger, Asia director on the National Security Council. Stefan Lehne, a former Austrian diplomat, said China had not yet been able to take advantage of the potential vacuum in international affairs created by Donald Trump’s isolationist rhetoric. “It’s very clear that what the EU is concerned about is its neighborhood,” he said, referring to Russian aggression in the Ukraine and the Syrian refugee crisis. “In none of these situations is China a factor.” In private, some Chinese officials say that the Belt and Road Initiative is a potential “trap” — entangling them in everything from unproductive investments to regional disputes. One of the largest projects associated with Mr Xi’s New Silk Road, a $55bn China­ Pakistan Economic Corridor , has angered India, which says it runs through some territory claimed by New Delhi. “If Beijing is going to be so sensitive about its own sovereign claims in the South China Sea and elsewhere, perhaps they should be more sensitive to others’ claims as well,” said one Asian diplomat. Additional reporting by Xinning Liu

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1 minute ago, ChuckFinley said:

Thanks Yota, this will be a big trading route in the future. I will be watching this to see how we can play in this arena.  There will be a ton of opportunities.  

From what I read a few years ago . The ( AIIB ) Asian Infrastructure Investment Bank and The Silk Road Fund were just two good places to look into . 

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Just now, ChuckFinley said:

I remember that. I also think it was you and I discussing it.  

Maybe so . A lot has taken place since then . Like the build up of those artificial islands in the South China Sea . To infringe on other countries , resources and protect that portion of the One Belt One Road project no doubt . This meeting looks like the Big Launch 

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  • yota691 changed the title to Iraqi Silk Road

Iraqi Silk Road

   
 

 
 

5/24/2017 0:00 
 
Dr.. Brahimi on behalf of 
China revealed before the duration of a project described as the most ambitious in the history of development plan, through the establishment of road begins west China passing to Mongolia, Malaysia, down to Thailand and then Turkmenistan, Indonesia and Iran. 
 Current estimates suggest that China will spend nearly a hundred and fifty billion dollars a year on infrastructure projects in the signatories of the President Xi Jinping 's foreign policy initiative in a move described by some as the beginning of a new era of globalization , or is the Marshall 
 Chinese. 
Project "belt and road" or as some of the "Silk Road" some call prepared part of the move Kabarlros Chinese money towards the world in general and Asia in particular, which carries several economic goals and geopolitical makes China a hub for Asia that share with its many geographical and social elements cultural and common future. 
What to be drawn from this project in the approach to current projects in Iraq? This project could bring economic development and stability of the western border of China by linking markets with 
 global. 
 It could open up new avenues of projects and employment opportunities for regions and countries that will pass through this way through the energy and railway projects as 
 ports. 
On the other hand, the head of the Chinese surplus money will find him room to move and growing, especially in the regions need large funding in the same long - term returns projects, and the lessons learned that many countries met in Beijing to celebrate this project, there was no talk about a Chinese plot or Chinese colonization , but House talk about sharing opportunities and profits between the countries participating in the 
project. 
On the other hand , and the government announced the assignment of the international road between Baghdad and the Jordanian border investment measures until political miscarriage and accusations of treason and conspiracy theories campaigns began, noting that the Iraqi side is to determine the amount of tariff traffic on it, in fact I can not find what is said in this regard is that the path of economic reform Iraq has become a lonely path as the road between Baghdad and the western border , but the hope that we have this road is the beginning of the economic boom  
real.
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  • 5 weeks later...

$ 1.5 billion investment in the «Ring Silk Road»

   
 

 
19-3994.jpg

6/24/2017 0:00 
 
Beijing / Xinhua 
Committee Beijing Trade revealed that direct investment from Beijing in 31 companies located state belt along the road and reached $ 1.5 billion during the period between 2013 and 2016. 
Yan said Li Gang from the Commission that the investment is mainly focused in commercial services, manufacturing and construction. 
The total bilateral trade between Beijing and the countries located along the belt and the road in the period between 2013 and 2016.489 billion US dollars, the problem of more than 30 percent of the total Beijing 's foreign trade during this period. 
Gang said that Beijing is actively involved in the construction of the belt and the road that could become a new engine for economic development of export - oriented. 
For his part , Deputy Chairman of the State Commission for Development and Reform, the highest economic planning body in China, Ning Ji Zhe recently that China 's direct institutions in the countries along the belt and road investments during the period 2013 - 2016 exceeded US $ 60 billion. 
Ning added that Chinese enterprises signed nearly a thousand contract for projects contracting in countries located along the belt and the road in the first quarter of this year, up business value to 14.4 billion US dollars, up 4.7 percent on an annual basis, make up almost half the size of contract foreign projects in decades this period of time. 
It is worth mentioning that the belt initiative and the road, is an initiative proposed by Chinese President Xi Jinping in 2013, to draw boundaries and new prospects for international cooperation. China calls on countries and regions through which the active and effective participation in building the economic belt of the Silk Road and the Maritime Silk Road of the 21st century.
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12 minutes ago, ChuckFinley said:

This is going to be a big deal.

 

I agree, ChuckFinley!

 

I don't think the Chinese and everybody else would be interested in this venture if they didn't think they could make it work by passing through Stable and Secure areas! Hey, insurers wouldn't insure readily pirateable cargoes, either!

 

About a year ago, if I remember right, there was talk of running a fiber optic line through Iraq near where the Silk Road was supposed to go and that would take about a year to install. I may not be remembering all the details but they couldn't do that either if the fiber optic line would be interrupted due to terrorism, etc.!

 

The Best Of Your Weekend To You!

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  • 3 months later...

 

http://economy-news.net/conten.....hp?id=9385

China: Iraq will be an important transit route for goods to Asia and Africa


2999.jpg 

15th October, 2017

China said on Sunday that Iraq will be an important transit route for the shipment of goods from China to a number of countries in Asia, Africa and Europe after the completion of the Silk Road, indicating its intention to assist Iraq in the reconstruction and reconstruction of liberated cities.

"China intends to participate in the construction and reconstruction process that Iraq is setting up in the coming periods in the liberated areas of the denigration of terrorism," said Lu Lin, assistant foreign affairs bureau of Fujian Province.

He stressed that "dozens of companies in his province are determined to invest in Iraq in various fields, especially industrial and technology," pointing out that "Fujian province has many productive capacity, industrial and commercial that will enable them to play a vital role in the industrial map of China in the coming years" .

"We have had discussions with Iraq to produce different types of ships that are used for different purposes, especially cargo," Li said. "We have reached important results in this regard with Iraq."

"The Beijing government is very keen to complete the Silk Road Trade Project, which links China with the West and East Asia regions," he said, adding that "large sums will be allocated for the completion of the project, where it will revive trade exchanges with many countries on this road, Especially Iraq, which will be an important corridor for the transport of goods from China to a number of countries in Asia, Africa and Europe. "

"China is seeking to strengthen cooperation with the East and West Asian countries via the Silk Road, not only in the economic and trade fields but also in the cultural, scientific and humanitarian fields with countries bordering on that important strategic road," Li said.

Fujian Province is the first commercial Silk Road and occupies an advanced position among the productive areas in China, especially after it achieved more than 28 billion dollars in total production volume, and is famous in many industries, productivity, technology and oil, which enabled it to attract investments Worth eight billion dollars.

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  • yota691 changed the title to China: Iraq will be an important transit route for goods to Asia and Africa
  • yota691 changed the title to Iraq to participate in the Third Silk Road Conference next month
29-10-2017 11:10 AM
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On the 18th of next month, the Jordanian-Palestinian Business Forum organized the third "Silk Road" conference with the participation of about 500 businessmen representing 30 Arab and foreign countries including Iraq. 

"The conference aims at placing Jordan on the map of international investments as a platform for promoting investment opportunities," said Talal Albo, chairman of the forum. "The conference will be held in cooperation with the Jordan Investment Authority and the Amman Chamber of Industry and Commerce." 

He pointed out that the Silk Road has become an international economic event that highlights the investment environment in Jordan and gives the impression to the world that stability in Jordan has become an advantage to be observed in the current turmoil in the region.

For his part, Chairman of the Preparatory Committee for the Silk Road Conference, Nazmi Atma, said that 'the third version of the Silk Road will be characterized by the expansion of external participation in the work of the conference, pointing out that 200 businessmen from abroad will participate in the conference'. 

He pointed out that 'the participation of Palestinian and Turkish in the work of the conference is characterized by great momentum, where will participate at least 50 businessmen from Palestine and about 70 businessmen from Turkey'. 

"The Palestinian and Turkish businessmen have expressed their desire to see the investment opportunities in the Aqaba Special Economic Zone, where a field visit will be organized for participants from outside the Kingdom to this region to familiarize them with the advantages and incentives available to investors." 

Atma said that "the foreign participants in the conference will be diverse, including businessmen from Europe and South America, as well as Arab participation from Iraq, Lebanon and the Gulf states."

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  • yota691 changed the title to US newspaper: Iraq may become the focus of Chinese aspirations in the Middle East

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