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Iraq trusts the world economically

   
 

 
 


12/12/2017 12:00 AM 

By its implementation of the provisions of Chapter VII 

Baghdad / Hussein Thugb 
The security victories are paralleled by a major economic victory: the entry into force of the provisions of Chapter VII, which has tied Iraq and its relations with the world for a long time. Iraq has been removed from the world for decades.

The economic expert in the name of Jamil Antoine stressed that "Iraq has become international confidence and freedom in financial transactions after the entry into force of the provisions of the seventh item in full, as all restrictions were lifted and the amounts were freed and became Iraqi banks free to deal and open documentary credits without intermediary" . Obligations



The Security Council passed its Resolution No. 2390 stating that Iraq is out of Chapter VII with its completion and all commitments related to oil for food and medicine. The Council unanimously adopted the draft resolution contained in document S 10132017, prepared by the United States in consultation with Iraq and the Member States. 2017). It is recommended to welcome the implementation of the arrangements between Iraq and the United Nations in accordance with resolution (1958) 2010 and to confirm the transfer of the remaining funds to the Government of Iraq under resolution 2335 (2016). The Council concludes that the parties (Iraq and the United Nations) The measures imposed in accordance with the provisions of Chapter Seventh under the above resolutions relating to the oil - for - food and medicine. Spending operations



"This decision gives the foreign and Iraqi investors free access to remittances, which in turn contributes to the revival of investment, pointing out that we are engaged in a large-scale reconstruction campaign involving large spending operations, and we must have a banking system that harmonizes and the volume of spending." 
And demanded that the role of banks to become an investment and be dependent on the auction of currency secondary, especially that the international banks provide more than 120 services, and this requires us to get our products to large numbers fit the reality of the investor and that the central role of the pioneer in this process. Trustful



"Iraq is now the focus of the outside world's confidence after the full implementation of the provisions of Chapter VII, and we must be as much as this responsibility, especially as Iraq is no longer a traditional country, but described as rich in natural and human resources, and so it takes 
"The Iraqi banking system has successful experiences and has the expertise to qualifyfor the advancement of the banking sector and make it offers advanced products, especially that we have banks managed to achieve a boom in their products, where they rely on banking tools and Products in the coverage of all its requirements and performance costs. "  Central Directive 



Between Haider Kazem al-Baghdadi that "the large number of banking system would create a positive competition in performance leading to the development of products and bring advanced systems facilitate all banking operations, and the ability to compete with branches of the largest banks in the world, and here must be adhered to the directives of the Central Bank of Iraq urges To adopt the new developments with the 
global financial sector  . " 
 He pointed out that "the Iraqi banking system, which is the axis of economic activity in front of him the task of proving the existence, by providing the required services according to advanced systems, especially after the trend to the global banking sector more free and broke restrictions that restrict the movement of our banks previously, which makes us work on Creating a sophisticated banking sector  
".  

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Not sure if this is a legitimate news source.... found it tonight...    https://reliefweb.int/report/iraq/all-measures-imposed-under-iraq-oil-food-programme-implemented-full-security-council

I wasn't convinced  It never stated INFORCE and you don't see me posting Guru BS...

There may be a few threads that discuss the article XIV standing of Iraq within the IMF guidelines.  Iraq enjoys debt protection under it's article XIV standing. IMO, which is a big reason they have n

 
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Appearance of Mohammed Saleh
 

 

Economy News Baghdad:

The Iraqi government said on Tuesday it was working to recover funds frozen in countries because of the policies of the former regime.

The Security Council decided, on December 8, to lift Iraq from the seventh item, which makes freedom of Iraqi companies in the contracting countries.

The financial adviser to the Prime Minister, the appearance of Mohammed Saleh, in an interview with "Economy News", "There is a fund to recover funds in the Ministry of Finance deals with the money of the former regime."

He added that "there is high coordination in this regard with the money-recovery team in the Council of Ministers, which includes in its membership ministries and departments and all parties involved and coordinate recovery operations."

 

 

Views 451   Date Added 12/12/2017

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BAGHDAD / The 
head of the "wisdom" movement, Ammar al-Hakim, during his meeting with the representative of the Secretary-General of the United Nations in Baghdad, Jan Kubic, on Tuesday, the stage of Iraq's exit from the seventh item of the United Nations. 
Al-Hakim's press office received a copy of the news that the latter received at his office in Baghdad the representative of the UN Secretary-General in Baghdad, Jan Kubic, and discussed with him the developments of the security, military and political situation in Iraq and the victories achieved on the supporter of the terrorist and the exit of Iraq from Seventh item of the United Nations. "

He added that "all victories would not have been without the sacrifices made by the Iraqis at all levels," noting that "Iraq regained its sovereignty and dignity and dignity and restore social cohesion among its members." 
He pointed out that "dialogue can solve the problems between all Iraqi parties provided that it is under the roof of the Constitution and the law." 
As for the upcoming elections, al-Hakim stressed that "they are held on schedule", the elections returned "the most important credibility of the democratic practice." 
He called on the United Nations and the international community to "support Iraq in the reconstruction of the liberated areas and the areas of the liberated editors".
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Hakim calls during the meeting of Kubic to achieve a majority government to eliminate the quota

12/12/2017

 

 

 

(Independent) .. The head of the National Alliance Ammar al-Hakim on Tuesday to the representative of the Secretary-General of the United Nations in Baghdad, Jan Kubic, that Iraq has regained sovereignty and social cohesion among its members, while calling for a national majority government to eliminate the quota.

Al-Hakim's office said in a statement received by "the independent" that "the head of the National Alliance Ammar al-Hakim received today the representative of the Secretary-General of the United Nations in Baghdad, Jan Kubic," noting that "the meeting discussed the developments of security, military and political situation in Iraq and the victories achieved on the terrorist and the exit of Iraq Of the seventh item of the United Nations. "

"All the victories would not have been possible without the sacrifices made by Iraqis at all levels," the statement quoted Hakim as saying. "Iraq regained its sovereignty, dignity and dignity and restored social cohesion among its members."

Al-Hakim explained that "dialogue can solve the problems between all Iraqi parties, provided that it is under the roof of the Constitution and the law," stressing the "importance of holding elections on time, as the most important credibility of democracy."

He also called on the United Nations and the international community to "support Iraq in the reconstruction of the liberated areas and the areas of the liberated editors." (End)

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56 minutes ago, Rmc10 said:

You're Shania Twain?????? How cool is that? ;)

 

30 minutes ago, SnowGlobe7 said:

You have no idea!!!!!!

 

Wow - Umbertino’s Rockin’ Out Down In The DV Basement At The Top Of His Lungs Right Now To One Of Ur Songs ! :o 

 

 

 

Man - I Feel Like A Woman ...

 

:D  :D  :D 

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Iraq trusts the world economically

   
 

 
 


12/12/2017 12:00 AM 

By its implementation of the provisions of Chapter VII 

Baghdad / Hussein Thugb 
The security victories are paralleled by a major economic victory: the entry into force of the provisions of Chapter VII, which has tied Iraq and its relations with the world for a long time. Iraq has been removed from the world for decades.

The economic expert in the name of Jamil Antoine stressed that "Iraq has become international confidence and freedom in financial transactions after the entry into force of the provisions of the seventh item in full, as all restrictions were lifted and the amounts were freed and became Iraqi banks free to deal and open documentary credits without intermediary" . Obligations



The Security Council passed its Resolution No. 2390 stating that Iraq is out of Chapter VII with its completion and all commitments related to oil for food and medicine. The Council unanimously adopted the draft resolution contained in document S 10132017, prepared by the United States in consultation with Iraq and the Member States. 2017). It is recommended to welcome the implementation of the arrangements between Iraq and the United Nations in accordance with resolution (1958) 2010 and to confirm the transfer of the remaining funds to the Government of Iraq under resolution 2335 (2016). The Council concludes that the parties (Iraq and the United Nations) The measures imposed in accordance with the provisions of Chapter Seventh under the above resolutions relating to the oil - for - food and medicine. Spending operations



"This decision gives the foreign and Iraqi investors free access to remittances, which in turn contributes to the revival of investment, pointing out that we are engaged in a large-scale reconstruction campaign involving large spending operations, and we must have a banking system that harmonizes and the volume of spending." 
And demanded that the role of banks to become an investment and be dependent on the auction of currency secondary, especially that the international banks provide more than 120 services, and this requires us to get our products to large numbers fit the reality of the investor and that the central role of the pioneer in this process. Trustful



"Iraq is now the focus of the outside world's confidence after the full implementation of the provisions of Chapter VII, and we must be as much as this responsibility, especially as Iraq is no longer a traditional country, but described as rich in natural and human resources, and so it takes 
"The Iraqi banking system has successful experiences and has the expertise to qualifyfor the advancement of the banking sector and make it offers advanced products, especially that we have banks managed to achieve a boom in their products, where they rely on banking tools and Products in the coverage of all its requirements and performance costs. "  Central Directive 



Between Haider Kazem al-Baghdadi that "the large number of banking system would create a positive competition in performance leading to the development of products and bring advanced systems facilitate all banking operations, and the ability to compete with branches of the largest banks in the world, and here must be adhered to the directives of the Central Bank of Iraq urges To adopt the new developments with the 
global financial sector  . " 
 He pointed out that "the Iraqi banking system, which is the axis of economic activity in front of him the task of proving the existence, by providing the required services according to advanced systems, especially after the trend to the global banking sector more free and broke restrictions that restrict the movement of our banks previously, which makes us work on Creating a sophisticated banking sector  

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Out of Section VII offers opportunities to invest and recover frozen funds

 

 Baghdad / Zahraa al-Jassim 

 

The United Nations Security Council has recently acknowledged that Iraq has fulfilled its last commitments to Chapter VII resolutions on the oil-for-food program, which is likely to provide encouraging opportunities for foreign investment in Iraq after more than 40 years of major conflicts and a decline in economic development and progress. Funds held and frozen by the United Nations and international States and organizations, according to the Chief Financial Adviser. 

While an economist said that the remaining amount of the United Nations for this program is up to $ 3 billion, and if the bulk of it was spent, will add funds to the Iraqi treasury, and Iraq, once it is fully out of this chapter, means the ability to import technology for economic development in The country is very important. 

The mission of Iraq to the United Nations in New York, announced in a statement on its website, that the completion of the efforts of the Republic of Iraq to end its files in the Security Council inherited from the era of the former regime and issued under resolutions under Chapter VII of the Charter of the United Nations, the Ministry of Foreign Affairs of the Permanent Representation
Of the Republic of Iraq to the United Nations in New York for the adoption of resolution 2390 (2017), unanimously adopted by the Security Council on 8 December 2017, concluded that the parties (Iraq and the United Nations) have fully implemented the measures imposed under Chapter VII under resolutions 1958 (2010) ) And resolution 2335

 (2016). 

The new resolution of the Security Council is an important step in the restoration of Iraq and its natural status and international status. The resolution confirms the fulfillment of Iraq's obligations under Chapter VII on the oil-for-food program, after it was implemented in full, says the financial adviser to Prime Minister Dr. The appearance of Mohammed Saleh in an interview with (range), adding: The transition of Iraq from Chapter VII to Chapter VI, any chapter that allows the use of force against our country in resolving disputes with nations to Chapter VI, which sees Iraq as a peace-loving and resolving disputes with the Nations By peaceful means, is a positive signal will allow for the return of full Iraq in interaction with the international community and provide opportunities for encouraging the climate of foreign investment in the country, especially in the post-Kuwait donors conference in the reconstruction of Iraq and investment in it, connecting: Iraq is the future of Iraq peace and reconstruction, From forty years Conflicts, conflicts and a decline in economic development and progress. 

Saleh asserts that the frozen funds were released to the DFI account under Security Council Resolution 1483 in May 2003. 

However, many of the funds held by the United Nations for the oil-for-food program and the remaining costs of inspection teams and remnants of the memorandum of understanding should be handed over to the treasury of the Iraqi state, And any other funds are still detained or frozen by the States or international organizations, pointing at the same time to: This decision has many positive effects, in fact the costs of insurance and shipping in various forms to and from Iraq will decline, and that many of the technology and prohibited equipment on Iraq Will disappear, as well as the investment climate and credit rating of Iraq will be greatly improved. 


The resolution on the oil-for-food program adopted by the Security Council at its meeting on 8 January 2017, in its second paragraph, indicates that the Security Council welcomes the fact that the remaining funds in the escrow account established pursuant to paragraphs 3-5 of its resolution 1958 (2010) Has been transferred to the Iraqi government pursuant to Security Council Resolution No. 2335 of 2016. 

The withdrawal of the latest decisions of Chapter VII on oil-for-food to alleviate the external pressures on Iraq, which will lead to strengthen its international position in economic and financial relations in general, according to the talk of expert on economic affairs, Majid al-Soury of (extent), who believes that This will also save some money for Iraq. The remaining amount of this program at the United Nations, which is about $ 3 billion,although during this period spent the bulk of it, but in any case is an amount to be added to the Iraqi treasury, not to mention the money of some contracts that did not It is implemented in relation to Import some consumer goods and food for Iraq, which contracted a time of the former regime, and this has paid Iraq money, but has not been restored because of the decision, it will be launched and returned to the Iraqi government. 

The picture confirms: that Iraq today and once it is full of Chapter VII means a vision that allows Iraq to import the necessary technology, and cooperation with other countries to obtain this technology for the social and economic development in Iraq, which is very important, in addition, the problem is not in the resolution The exit of Iraq from Chapter VII, but more importantly, what happened in Iraq from the issue of the elimination of the advocate and his great victories against this criminal organization, at the time of the declaration of war on administrative and financial corruption, things contributed to support the Iraqi situation in order to attract investment with security And stabilize T, and it will lead to the prosperity of Iraq economically and financially. 

The oil for food program, issued under Security Council resolution 986 (1995), allows Iraq to export a specific portion of its oil to benefit from its revenues in the purchase of the humanitarian needs of its people under the auspices of the United Nations. The Security Council is concerned about the continued suffering of the civilian population of the Iraqi people as a result of the comprehensive sanctions imposed on Iraq in August 1990 because of its invasion of Kuwait. In April 1995, the Security Council adopted resolution 986, which includes the oil-for- A temporary measure, to provide individual democracy and sectarian wars to the people For Iraqis.

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Economy News _ Baghdad

A member of the parliamentary legal committee Ibtisam al-Hilali on Wednesday, lifting Iraq from Chapter VII and the recovery of frozen funds abroad is an important step for large international investment in the country. 

 

Al Hilali said in a press statement obtained by "Economy News" a copy of it, "After this important international decision on the relevant government agencies to move quickly to start recovering money and Iraqi assets frozen in banks and international banks." 

 

She added that "this important decision and the subsequent important government steps will enhance the confidence of the international community in Iraq's economic policy in particular, which opens the way for an international entry to invest in the country." 

 

The UN Security Council last Friday decided to exit Iraq from Chapter VII on Friday by adopting resolution 2390/2017 unanimously.

 

The UN Security Council put Iraq under the weight of Chapter VII in the framework of UN sanctions imposed after the invasion of Kuwait in 1990.

 

 

Views 217   Date Added 12/13/2017

 
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All hands, be prepared to make the jump to light speed.............. :rodeo:

Ok,ok, maybe a little pretentious on my part, but, yea gotta admit we are moving along with a sense of urgency it seems and the news just keeps getting better. 

A great day to be alive and the best to all of you here in DV  :tiphat:

 

Yota, Thugs, many thanks to you both for keeping us on the edge of our seats  :D

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Victory and the end of Chapter VII

14/12/2017 12:00 am 
Sabah Mohsen Kazem 

The free world and these living peoples are proud of our army and our victory in victory, thanks to the fatwa of the wise reference, and the gift of the Iraqi people as one man to confront underdevelopment, barbarism, And brutality, which came from Chechnya, Pakistan, Afghanistan and the Arab desert, and the minds of the Cave of Holy Iraq, despite the plight, despite the instability of half a century of Baathist wars, and then the daily terrorism bombings devastating Iraqi cities, and claimed the lives of thousands of martyrs,The unity of the people and the people of the nation have foiled all the projects that have been orchestrated by the people's ignorance, by the heroic heroism, by the joy of the popular popular crowd, Iraq has overcome its ordeal and fought its holy war to expel the barbarians from Iraq.

The world was shocked by the heroism, sacrifices and patience of the people of the South when the people of the South rose as one man despite the harshness of the environment and the harsh earth demographics between the desert, the hills, the mountains and the savage city war.

These people were rewarded with victory, and the human being swarmed with faces believed in God and Iraq.

L

 The killing of the Sunnis, the genocide of the Iraqi Shiites, the demolition of the houses of worship, the graves of the prophets, the guardians and the burning of museums and libraries .... So victory is for the victory of the popular markets, the workers of the rulers, the students of the universities, the killing of scientists and the efficiencies.
The victory of the Iraqi people is a victory for the dignity of the human being and not for the Jihad of our people.

For all the Arab capitals, without exception, the Iraqi people sacrificed the sacrifices of the Iraqi people to ward off the Wahhabi Wahhabi threat from the world.

The Prime Minister Dr. Haider Al-Abadi announced that the celebrations in all squares are an expression of the joy of the world.

 
It coincided with the lifting of the UN resolution on the seventh item, which has been a major obstacle to Iraq because of the tyrannical dictator and his entry into Kuwait and his barbaric invasion, which has cost the Iraqi people dear blood. 

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Oil for construction .. Baathist program to save Iraq
14-12-2017 12:05 PM Readers

Baghdad News -
 
Harun Mohammed 

The Baath party's regime successfully testified to its enemies in the implementation of the oil-for-food program in the mid-1990s, collaborating with the United Nations, in a manner that stunned political observers and economic experts in light of the scarcity of financial resources and the cruelty of the unjust international blockade. 

The project's executive man and former Minister of Commerce Mohammad Mahdi Al-Rawi continues to receive periodic invitations from international research centers and universities to talk about the experience of the ration card, which included more than 20 food items that deprived the Iraqis of hunger, destitution and deprivation, But they provided a great deal of the basic needs of the people at the lowest prices, so that many Iraqi families have been replacing materials overflowing with the need for other goods, or selling them in the local markets.

Today, the Ba'th Party is back in power and governance, and it presents a similar program to the Iraqi people, the international community, the United Nations, the decision-making countries and all those involved in Iraq entitled "Oil for Construction" within a comprehensive and extensive national project presented by a member of the National Leadership Party Which took place in Tunis last Monday after three days of meetings in which political and academic figures from most Arab countries participated. 

Certainly, the success of any national program in the size and importance of "oil for construction" requires the implementation of an efficient government and a fair parliament and mechanisms of perseverance and field leaders with a sense of national experience and performance.

These standards are not available in the current situation in Iraq, where corruption is gnawing at the country's joints and the prime minister's promises of reform are evaporating and there are no concrete results. We have not seen the accountability of a vandictive minister, the punishment of a commissioner, the trial of a contractor or the imprisonment of a thief. Conversely, the courts have made new innovations and funny judgments, such as good faith in committing a crime or giving another chance to a thief, on the grounds that he is a young man.

It has become clear that the national project promised by the Baath party, including the oil-for-construction program, has been noticed by countries and organizations in the United States, Europe and Japan, although it has focused on the program, and capitals such as Washington and London have asked for details on how to implement it after The situation changed and Iraq no longer has the vitality to carry out major projects and does not have the ministers of trade and economy as competent and loyal as the situation in Iraq since the establishment of the modern Iraqi state, when the emergence of ministers left fingerprints on the ministries they occupied such as Abdulhasan Zalzalah and Hassan al-Amiri and ruled al-Azzawi, The most recent of which is Muhammad al-Rawi, who still carries the Iraqi concern and is active in international forums, institutes and centers, presenting him and demanding justice for Iraqis.

But emerged after the occupation ministers, not to them and not conscience, and some of them stole billions and fled to Britain, which holds the nationality and bought a loss and property, almost to buy a club sport, if it was not for the attention of the club officials to the suspicions that follow him, and ironically that this minister is a leading thief in the Dawa Party and carpet While the current Minister of Trade, Salman Jumaili, who is close to Prime Minister Haider al-Abadi, has discharged his nephew and personal companion Nasir al-Jumaili, who is touring the ministry, holding deals, signing contracts, arresting and transferring to his uncle the minister. , P At the end of it.

Perhaps the strangest inquiries about the program "oil for construction" came from London and Washington, and wondered about the ability of Haider Abadi in its implementation, came the answer from the facts and events, which Abadi hero during the course of his government, from the Minister of Communications under the US civil administrator Paul Bremer, To the Economic and Financial Committee for eight years, and finally his presidency of the current government three and a half years ago, where he was idle and worried and avoid taking decisions that serve the people.

The need for a "oil-for-construction" program at the current stage is not only necessary, but is also crucial to the rescue of a large segment of Iraqis who are starving and living under zero, equipping workers and peasants and the economy, and reviving the vanished middle class. Will provide Iraq with the flow of billions of dollars in its public coffers, which will address the financial deficit suffered by the government of Haider Abadi and failed to face him.

It is true that the oil-for-food program and medicine have been implemented by a free will that no longer exists, and it has been followed by disciplined and capable organs, which do not exist now. This has resulted in results that protected the Iraqi citizen from poverty and starvation, but it is also true that the bodies of the international community, In Iraq, which will meet soon in Kuwait, if its intentions are truly improved in support of Iraq seriously, the oil-for-construction program is currently the only way available to stop the waste of public money in Iraq and to restore national resources to the right track. Service and relief, On the condition that he be led by officials from outside the religious parties and did not engage in the political process, and most of them in Iraq between the missing and isolated and annexes, including of course Dr. Mohammed al-Rawi, who lives in a modest apartment in Amman and struggling day and night to provide a decent living for his family which was millions of dollars dancing between His hands, but honor and integrity

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  • yota691 changed the title to Kuwait says it has recovered the remains of 236 missing in Iraq

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