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Minister of Finance: Iraq needs British expertise in the development of banking


yota691
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15-04-2019 03:02 PM
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Baghdad / News

President of the Republic Barham Salih received at the Peace Palace in Baghdad on Monday British Secretary of State for International Trade Liam Fox and his accompanying delegation.

During the meeting, the two sides reviewed the relations between Iraq and Britain, especially in trade and economic fields, and the need to expand them to serve the interests of the two countries and achieve the aspirations of the two friendly peoples.

The president praised the British support for Iraq in its fight against terrorism, stressing "the strengthening of bilateral relations and the exploitation of investment opportunities and the contribution of international companies in the reconstruction of liberated cities." 

In turn, "the British minister renewed his country's support for Iraq in various fields," noting "the United Kingdom seeks to promote economic and trade cooperation between the two countries."

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The President of the Republic receives British Minister of State for International Trade

15/04/2019 02:55 PM | Number of readings: 270

The President of the Republic receives British Minister of State for International Trade

President of the Republic Dr. Barham Salih received at the Peace Palace in Baghdad on Monday British Minister of State for International Trade Liam Fox and his accompanying delegation. During the meeting, they reviewed the relations between Iraq and Britain, especially in the fields of trade and economy, and the need to expand them in the interest of the two countries and achieve the aspirations of the two friendly peoples.

He praised the British support for Iraq in its war on terrorism, stressing the strengthening of bilateral relations and exploitation of investment opportunities and the contribution of international companies in the reconstruction of liberated cities. 

In turn, the British minister renewed his country's support for Iraq in various fields, indicating the United Kingdom's efforts to promote economic and trade cooperation between the two countries.

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The European Union agrees to launch negotiations with Washington to avoid a trade war

The European Union agrees to launch negotiations with Washington to avoid a trade war

Nour News / Economic

The European Union agreed on Monday to launch trade negotiations with the United States to avoid a trade war with Washington despite Paris's refusal to negotiate with an anti-climate partner.

"If the Americans agree to start negotiations, I think we will be able to move forward very quickly," EU Trade Commissioner Sesilia Malmström, who is in charge of negotiating on behalf of the 28 EU countries, said.

France voted against the launch of the negotiations at a conference of European ministers of agriculture in Luxembourg, but it had no effect, because decisions in the EU trade are taken by the majority described, according to several European sources and AFP.

The vote dealt with the mandate of the European Commission mandated to negotiate on behalf of the Union.

He described Paris' position as "incomprehensible" because its partners agreed to all its requests for authorization, including the abandonment of the controversial draft of the transatlantic trade and investment partnership, which was frozen in 2016, as well as an assessment of the consequences of differences in environmental legislation between the United States and the European Union And the possibility of protecting some fishing products, according to one source.

France has decided to vote against negotiations with Washington for initial reasons because President Emmanuel Macaron does not want to negotiate a trade deal with a country that decided in June 2017 to withdraw from the Paris Climate Agreement, despite US approval with 194 countries in December 2015, According to a French source described this position as "very political."

The European Commission intends to begin negotiations with Washington "as soon as possible," according to Cecilia Malmstrom, with the hope of reaching an agreement before the end of the mandate of this body on 31 October 2019.

"We will call them today to see when we can meet together, I can not predict any date, the decision is in their hands, we are ready," the European negotiator said.

Post on the web sites!

http://alnoornews.net/archives/212171/الاتحاد-الأوروبي-يوافق-على-إطلاق-مفاو/

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Abdul Mahdi discusses with a British delegation the development of the economy, trade and investment

21:22 - 15/04/2019
 
NB-266715-636909503142220955.jpg
 

Information / Baghdad

Prime Minister Adel Abdul-Mahdi, on Monday, that the Iraqi government focused on the development of economy, trade and investment, considering that the stability of Iraq gives greater opportunity to benefit from the British experience.

"Today, the Prime Minister received his official office and the British Minister of State for International Trade, Liam Fox," Abdul Mahdi's office said in a statement.

"The Iraqi government is focused on developing the economy, trade, investment and other vital sectors after achieving victory, opening streets and roads and lifting the barriers that revealed a new face to the capital Baghdad," he said.

He pointed out that "the stability of Iraq gives greater opportunity to benefit from the British experience in the development of the Iraqi economy and small and medium enterprises and the agricultural sector, which is witnessing the doubling of agricultural production because of the abundance of water."

For his part, the British minister expressed his satisfaction with the "Iraq witnessed the stability of security and social touch during his visit to Iraq in a clear and large," reiterating the desire of the British government to "strengthen relations with Iraq and increase investments further, and provide expertise in financial and legal and job creation.

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  • yota691 changed the title to Video .. A shocking statement to the British ambassador on the Iraqi economy
Editorial Date: 2019/4/16 9:33  795 times read
Video .. A shocking statement to the British ambassador on the Iraqi economy

The British ambassador to Iraq, John Wilkes, attributed the deterioration of the Iraqi economy to several factors, notably corruption, bureaucracy and investment laws.


"With all the potential of natural and human resources, the business environment according to international standards is better in Afghanistan compared to Iraq, and even Nigeria with all its challenges and problems, it benefits from every barrel of oil," Wilkes said in a video posted by the embassy on its Facebook page. Iraq three and a half times more economic value of national wealth. " 
"This is unacceptable to all Iraqis and all friends of Iraq, including the United Kingdom, and we want to help Iraq introduce the necessary reforms and implement the projects now." 
"To clarify to the Iraqi people, the partnership between Iraq and its key partners in the economy, in business, trade and investment leads to tangible positive results on the ground," Wilkes said.
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Britain reveals the factors of the deterioration of the Iraqi economy
 
14535.jpg
British Ambassador John Wilkes
  

 money and business


Economy News _ Baghdad

The British ambassador to Iraq, John Wilkes, attributed the deterioration of the Iraqi economy to several factors, notably corruption, bureaucracy and investment laws. 
"Iraq, with all the potentials of natural and human resources, the business environment according to international standards is better in Afghanistan compared to Iraq and even Nigeria with all its challenges and problems," Wilkes said in a video posted by the embassy on its Facebook page today. Benefit from each barrel of oil more than three and a half times more than Iraq means more economic value of national wealth. " 
"This is unacceptable to all Iraqis and all friends of Iraq, including the United Kingdom, and we want to help Iraq introduce the necessary reforms and implement the projects now."
"To clarify to the Iraqi people, the partnership between Iraq and its key partners in the economy, in business, trade and investment leads to tangible positive results on the ground," Wilkes said.


Views 80   Date Added 04/16/2019

http://economy-news.net/content.php?id=16282

 

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1 hour ago, yota691 said:

This is unacceptable to all Iraqis and all friends of Iraq, including the United Kingdom, and we want to help Iraq introduce the necessary reforms and implement the projects now." 
"To clarify to the Iraqi people, the partnership between Iraq and its key partners in the economy, in business, trade and investment leads to tangible positive results on the ground," Wilkes said.

 

WOWZERS!!!

 

The United Kingdom, "wants to help Iraq introduce the necessary reforms and implement the projects NOW!!!

 

PRONTO TONTO!!!

 

Hey, WITH Dr. Shabibi NOW at the Bank Of England, ARE the Bri'ish READAE', Willing, AND Able to PUSH THE BUTTON!!!

 

YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!!

 

Let's Get The SHOW On The ROAD!!!!!!!!!!!!!!!!!!!!!

 

Go Moola Nova!

:pirateship:

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"The British ambassador to Iraq, John Wilkes, attributed the deterioration of the Iraqi economy to several factors, notably corruption, bureaucracy and investment laws"

 

"..... the business environment according to international standards is better in Afghanistan compared to Iraq, and even Nigeria....."

 

"This is unacceptable to all Iraqis and all friends of Iraq, including the United Kingdom, and we want to help Iraq introduce the necessary reforms and implement the projects now." 

 

In other words, you morons can't seem to get anything done, so we're going to do it for you.  

 

(Notice the difference in the way I said and the British Ambassador said it?  That's why I'm not an Ambassador.) 😂

 

Edited by Floridian
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UK announces £1 billion increase in trade support for Iraq, Kurdistan

54 minutes ago
 
 

UK announces £1 billion increase in trade support for Iraq, Kurdistan
UK Secretary of State for International Trade Liam Fox (left) speaks with Iraqi Prime Minister Adil Abdul-Mahdi, April 15, 2019. (Photo: Iraqi Prime Minister's Office)
 

ERBIL (Kurdistan 24) – While a top British trade official visited Baghdad to meet with both the Iraqi prime minister and president, the United Kingdom announced a £1 billion (just under $1.3 billion) increase in trade support focused on increasing public services to Iraq and the Kurdistan Region.

Secretary of State for International Trade Liam Fox arrived with a delegation in the Iraqi capital on Sunday to finalize the deal to expand “support available for British firms operating in Iraq, providing jobs and promoting stability in the region,” a statement the UK government released on Tuesday read.

The measure is designed to “promote Iraq’s economic development and nation-building” and ensure the UK trade office “can continue to help the Government of Iraq deliver critical infrastructure.”

Fox formally announced the deal, which brings the total pledged UK trade support for the country to £2 billion (over $2.5 billion), to local media while next to Iraqi Prime Minister Adil Abdul-Mahdi on Tuesday.

After a separate meeting with the UK official, President Barham Salih announced that the two “reviewed the relations between Iraq and Britain, notably in the fields of trade and economy, as well as the need to expand these ties in a way that serves the interest of the two countries and achieves the aspirations of the two friendly peoples.”

According to the UK statement, the deal includes a $35 million loan for a water and wastewater treatment project in the Kurdistan Region, $1.02 billion to support foreign companies to build two new gas-fired power stations in Basra and to build or refurbish 14 electricity sub-stations across Iraq, plus boosts to several other electricity-based projects. 

The deal is a welcome one in a country that has seen thousands protesting across several provinces in the past year, sparked primarily by poor public services provided by a government charged with extreme and chronic institutional corruption. 

“The atmosphere in Baghdad is one of optimism – it is a country which is having an increasingly stable period at a time of significant unrest in the wider region,” Fox said.

“The British government, working closely with the UK private sector and our Iraqi partners, have a key role to play in the country’s long-term prosperity,” he added. “The £1 billion we have announced today will significantly strengthen our ability to do just that.”

Fox noted that “trade is about more than economic self-interest,” adding it includes “the means through which we deliver the mutual prosperity that underpins our collective security.”

“That is the true prize of trade policy and promotion done right.”

http://www.kurdistan24.net/en/news/72182674-5e24-456a-af69-27c6f6853fd4

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Prime Minister Abd Al-Mahdi receives UK International Trade Secretary
 16 Apr 2019 - 12:00 pm 
fox.jpg

 

Prime Minister Adil Abd Al-Mahdi received in Baghdad on Monday the UK’s Secretary of State for International Trade, Dr.  Liam Fox.

Prime Minister Abd Al-Mahdi thanked Dr. Fox for the UK’s continuing support for Iraq and reiterated that the Iraqi government is focused on promoting economic development and delivering tangible improvements to services and critical infrastructure.

The Prime Minster added that Iraq values British expertise across a range of vital economic sectors, and welcomes the participation of UK companies and businesses in the reconstruction of Iraq.

The UK International Trade Secretary reaffirmed his government’s commitment to supporting Iraq,  and announced that the UK is making available an additional £1 billion to support UK exports to Iraq, bringing the total to £2 billion.

During his visit to Iraq, the UK International Trade Secretary will also meet other senior officials, speak to young Iraqi entrepreneurs, and meet British firms working in the country.

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6 hours ago, Floridian said:

"The British ambassador to Iraq, John Wilkes, attributed the deterioration of the Iraqi economy to several factors, notably corruption, bureaucracy and investment laws"

 

"..... the business environment according to international standards is better in Afghanistan compared to Iraq, and even Nigeria....."

 

"This is unacceptable to all Iraqis and all friends of Iraq, including the United Kingdom, and we want to help Iraq introduce the necessary reforms and implement the projects now." 

 

In other words, you morons can't seem to get anything done, so we're going to do it for you.  

 

(Notice the difference in the way I said and the British Ambassador said it?  That's why I'm not an Ambassador.) 😂

 

 

I'll take it from here . . . I do believe Diplomacy is my primary communications skill. :tiphat:

 

You Blithering Idiots ! The UK just handed you you're AZZ on the International Stage :lol: An EPIC Biatch Slap, Shaming Beat Down 

 

Corruption, Bureaucracy & Investment Laws are crushing you economic growth ; and Business Environments in accordance to International Standards are better in Afghanistan & EVEN Nigeria ????   Now the entire world knows what a Clown Act you are.

 

"This is unacceptable to all Iraqis and all friends of Iraq "  :lol: :bravo:   :lol:

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1 minute ago, 10 YEARS LATER said:

 

I'll take it from here . . . I do believe Diplomacy is my primary communications skill. :tiphat:

 

You Blithering Idiots ! The UK just handed you you're AZZ on the International Stage :lol: An EPIC Biatch Slap, Shaming Beat Down 

 

Corruption, Bureaucracy & Investment Laws are crushing you economic growth ; and Business Environments in accordance to International Standards are better in Afghanistan & EVEN Nigeria ????   Now the entire world knows what a Clown Act you are.

 

"This is unacceptable to all Iraqis and all friends of Iraq "  :lol: :bravo:   :lol:

 

 

:bravo: :bravo: :bravo: :bravo:

 

Atta boy 10YL !! You got this one alright !!

 

   pp

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9 minutes ago, 10 YEARS LATER said:

 

I'll take it from here . . . I do believe Diplomacy is my primary communications skill. :tiphat:

 

You Blithering Idiots ! The UK just handed you you're AZZ on the International Stage :lol: An EPIC Biatch Slap, Shaming Beat Down 

 

Corruption, Bureaucracy & Investment Laws are crushing you economic growth ; and Business Environments in accordance to International Standards are better in Afghanistan & EVEN Nigeria ????   Now the entire world knows what a Clown Act you are.

 

"This is unacceptable to all Iraqis and all friends of Iraq "  :lol: :bravo:   :lol:

 

Fabulous response!  You take the cake, 10YL.   😂

 

:bravo::bravo::bravo:

Edited by Floridian
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2019/04/16 20:52

 

 

Minister of Finance: Iraq needs British expertise in the development of banking

120615.jpg

Continue the obelisk through its channel in the Telegraph application

 

The Deputy Prime Minister for Economic Affairs and Minister of Finance, Fuad Hussein, Tuesday, April 16, 2019, that Iraq needs British expertise in the development of banking.

 

"I met in London with Minister of State for International Trade, William Fox, and exchanged views on mechanisms to strengthen trade and economic relations between Iraq and Britain," a statement from his office said.

Fox expressed "the desire of British companies to come and work in Iraq and benefit from investment opportunities in various sectors, especially in the development of the banking sector."

For his part, welcomed the Deputy Prime Minister for Economic Affairs, "all investors and companies wishing to enter the Iraqi labor market, and that Iraq needs British expertise in the development of banking, especially Rafidain and Rashid and real partnerships to improve the level of services provided to citizens."

The two sides agreed on "the need to create an attractive and safe working environment to encourage investment and investors."

The British official renewed his government's support for the Iraqi government to contribute to the development and revitalization of the Iraqi economy.

http://almasalah.com/ar/news/168989/وزير-المالية-العراق-يحتاج-للخبرات-البريطانية-في-تطوير-العمل-المصرفي

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2 hours ago, 10 YEARS LATER said:

 

I'll take it from here . . . I do believe Diplomacy is my primary communications skill. :tiphat:

 

You Blithering Idiots ! The UK just handed you you're AZZ on the International Stage :lol: An EPIC Biatch Slap, Shaming Beat Down 

 

Corruption, Bureaucracy & Investment Laws are crushing you economic growth ; and Business Environments in accordance to International Standards are better in Afghanistan & EVEN Nigeria ????   Now the entire world knows what a Clown Act you are.

 

"This is unacceptable to all Iraqis and all friends of Iraq "  :lol: :bravo:   :lol:

giphy.gif

 

My dude lmaoooo :lol:🤣

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2 hours ago, 10 YEARS LATER said:

 

I'll take it from here . . . I do believe Diplomacy is my primary communications skill. :tiphat:

 

You Blithering Idiots ! The UK just handed you you're AZZ on the International Stage :lol: An EPIC Biatch Slap, Shaming Beat Down 

 

Corruption, Bureaucracy & Investment Laws are crushing you economic growth ; and Business Environments in accordance to International Standards are better in Afghanistan & EVEN Nigeria ????   Now the entire world knows what a Clown Act you are.

 

"This is unacceptable to all Iraqis and all friends of Iraq "  :lol: :bravo:   :lol:

 

way to funny 10yl 🤣 ,,,, sadly so true im sure shabibi has informed them of it all also .... im thinking they like the jacked up no compliant mess they got happening to continue the thievery not sure where its all headed for iraq but have to agree its really bad when other countries call u out on the world stage .... bet iraq doesnt change a thing any time soon ... " no brag just fact "... will sonnett

 

 

Edited by 3n1
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You tell em 10 yrs!!   :woot: :woot:  :lol:

3 hours ago, 10 YEARS LATER said:

 

I'll take it from here . . . I do believe Diplomacy is my primary communications skill. :tiphat:

 

You Blithering Idiots ! The UK just handed you you're AZZ on the International Stage :lol: An EPIC Biatch Slap, Shaming Beat Down 

 

Corruption, Bureaucracy & Investment Laws are crushing you economic growth ; and Business Environments in accordance to International Standards are better in Afghanistan & EVEN Nigeria ????   Now the entire world knows what a Clown Act you are.

 

"This is unacceptable to all Iraqis and all friends of Iraq "  :lol: :bravo:   :lol:

 

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  • yota691 changed the title to Minister of Finance: Iraq needs British expertise in the development of banking

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