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Iraqi Prime Minister Heading to Europe for Official Visits


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Central Bank Governor discusses investment opportunities with German banks
 
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 https://economy-news.net/content.php?id=22336
 
 
 
 

 

Economy News - Baghdad

Central Bank Governor Mustafa Ghaleb Mekheif discussed, today, Tuesday, investment opportunities with a group of large German banks .

The central bank said in a press statement, "The Governor of the Central Bank of Iraq held this Tuesday a series of meetings with a group of large German banks, and the meetings discussed investment and work opportunities with Iraqi banks, which met a high response from German banks, as they confirmed their desire to complete the talks in Baghdad." Soon ".

The statement added that "the governor, accompanied by Minister of Finance Ali Allawi and Chairman of the National Investment Commission, Suha Al-Najjar, participated in the meetings held with the German Ministry of Development and Economy and the Ministry of Finance, as part of the current visit to Germany, where ways to strengthen economic relations between the municipality and its future prospects were discussed."

 
Number of observations 53   Date of addendum 10/20/2020
 
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Al-Kazemi arrives in Paris at the start of his European tour   2020.10.18 - 21:44 Baghdad - People      Prime Minister Mustafa Al-Kazemi arrived in Paris on Sunday, as part

Sunday، 18 October 2020 05:01 PM Iraqi Prime Minister Heading to Europe for Official Visits https://www.thebaghdadpost.com/en/Story/50225/Iraqi-Prime-Minister-Heading-to-Europe

An interesting group travelling.. it will be interesting the outcome - I hope that after a few days of handshaking and back patting the return to Iraq and do something positive instead of just forming

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The Governor of the Central Bank of Iraq, Mustafa Ghaleb, held a series of meetings with a group of large German banks, and the meetings discussed investment opportunities and work with Iraqi banks, which met a high response from German banks, as they confirmed their desire to complete the talks in Baghdad soon.
 
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A member of the "Progress" leadership: Al-Kazemi's European tour should be used to serve Iraq first

 
 

A member of the leadership of the Progress Party, MP Ziyad Al-Janabi, stressed the need to invest Prime Minister Mustafa Al-Kazemi's tour in Europe in a way that "serves Iraq first", calling for support for government efforts to "save" the Iraqi economy.

 
Al-Janabi said in a statement that Alsumaria News received a copy of, that it is important to invest the current round of the Prime Minister for European countries by finding ways to ensure that Iraq's interests are served first, and urging those countries to open up genuinely to the Iraqi market and the importance of diversifying the sources of investment opportunities that are possible To enter the country if Al-Kazemi was able to convince the Europeans of that.
 
 
He pointed out that "the various Iraqi forces must understand the importance of and support Al-Kazemi in what he is doing in order to support the Iraqi economy and save it from the financial crisis that our country is going through, and that is through full cooperation with the government by all sectors and in a manner that ensures the appropriate atmosphere for foreign investment to enter work in our country." And the return of the country's economic recovery. "
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ERBIL, Kurdistan Region — Iraq prioritizes France and Germany over other European countries when building relations with other states, Iraq’s Foreign Minister Fuad Hussein told Rudaw on Tuesday. 

“Since Mustafa al-Kadhimi took office as prime minister, this government’s policy has been focusing on a number of countries - regional and others - as essential ones while keeping others as of secondary importance. In Europe, the focus is on France and Germany,” said Hussein, who is accompanying Kadhimi on his tour to Europe. 

He elaborated that the reason behind choosing these two countries as their focus is their international importance in terms of the economy, diplomacy and military.

“Therefore, the prime minister wanted to set off his Europe tour with France Germany. We will later go to the UK.”

A senior Iraqi delegation led by Kadhimi began a European tour on Sunday, meeting with French President Emmanuel Macron and Prime Minister Jean Castex at the Elysee Palace in Paris. He arrived in Germany late Monday and met with German Chancellor Angela Merkel on Tuesday. 

During a joint press conference with Merkel in Berlin, Kadhimi said his government seeks German support in boosting democracy in his country. 

"We are looking forward to benefiting from Germany in order to consolidate democratic institutions and hold  free and fair elections,” he said, adding that they will make sure the election will be transparent.

He also said that both countries have many commercial and economic partnerships. 

“We are close to announcing the start of the second phase of the roadmap implemented by the German company Siemens in the field of rehabilitating the electricity sector in Iraq,” Kadhimi told reporters.  

Kadhimi's visit to Europe comes as Iraq is gripped by an economic crisis, exacerbated by a drop in oil prices and the global coronavirus pandemic, and attacks on diplomatic missions by Iran-backed militia groups that have been met with international condemnation.

The Iraqi PM later met with Germany’s businessmen, telling them that “Iraq has great confidence in the work of German companies.”

Additional reporting by Alla Shally 

 

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Al-Kazemi from Berlin, I am here to prove Iraq's commitment to its international relations and look forward to security and military cooperation

 

 
 

Baghdad - Iraq today:

On Tuesday, the Iraqi Prime Minister, Mustafa Al-Kazemi, affirmed his aspiration to conclude understandings and strengthen cooperation with Germany, which he is visiting as part of a European tour.

Al-Kazemi said in a joint press conference with German Chancellor Angela Merkel, "We came to Berlin to confirm Iraq's commitment to its desire to establish close relations, and we also look forward to strengthening security and military cooperation efforts with Germany."

"We are going through difficult times because of Corona, but we have embarked on an ambitious program to restructure and rebuild the Iraqi economy, and we are approaching the announcement of the second phase of the road map for the development of electricity in Iraq with the participation of German companies," he stressed.

He also added that we are looking forward to benefiting from financial support to organize free and fair elections, for a true partnership with Germany. ”For

her part, Merkel stressed that her country supports Iraq to confront the Corona pandemic, and welcomes the Iraqi government's efforts to achieve economic reform.

 

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Al-Kazemi from Berlin: We are close to announcing the second phase of the road map for developing electricity
 

Al-Kazemi to Merkel: We are going through difficult times and look forward to a true partnership with Germany

 

20th October, 2020


Prime Minister Mustafa Al-Kazemi revealed, on Tuesday, that the second phase of the road map for the development of electricity in Iraq will soon be announced, indicating that this will be with the participation of German companies.

Al-Kazemi said in a joint press conference with German Chancellor Angela Merkel and "Al-Iktissad News" followed him, "We are approaching the announcement of the second phase of the road map for developing electricity in Iraq with the participation of German companies."

"We have embarked on an ambitious program to restructure and build the Iraqi economy," Al-Kazemi added, stressing, "looking forward to benefiting from financial support to organize free and fair elections."

And Al-Kazemi said that he "came to Berlin to confirm Iraq's commitment to its desire to establish close relations," noting that he "looks forward to a true partnership with Germany."

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Al-Kazemi leaves Germany for the British capital, London

Political | 08:21 - 10/20/2020

 

https://www.mawazin.net/Details.aspx?jimare=127101

 

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BAGHDAD - Mawazine News
The Prime Minister, Mustafa Al-Kazemi, left Germany on Tuesday, after part of his European tour, heading to the British capital, London.
"The Prime Minister, Mustafa Al-Kazemi, left Germany on his way to the British capital, London," state TV stated, in urgent news that was seen by Mawazine News.
Earlier on Tuesday, the Prime Minister arrived in the German capital Berlin, and met on the second leg of his European tour with German Chancellor Angela Merkel.
The Prime Minister, Mustafa Al-Kazemi, began a European tour on Sunday, which includes three countries, which began in France, then Germany, and finally Britain

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Al-Kazemi (the ambition) wants a lot from London, and the British just want one thing from him .. So what does Johnson want, and what does Al-Kazemi want?

Baghdad - Iraq today: It

is hoped that the Prime Minister of Iraq, Mustafa Al-Kazemi, will end his European tour in the fog capital (London), where the British await him with a common agenda, and also awaits him to discuss Iraq's relations with the United Kingdom, as this country constitutes a historical weight in its relations with Iraq, and it also has an active role in the international alliances that were established for Iraq, whether in 2003, and who led the campaign to end dictatorship, or in the joint international war on terror in 2014.

Observers and observers of the file of the prime minister's visit to Europe said that "the visit has achieved fruitful results, whether in France or Germany, and it remains for Al-Kazemi to reap good and positive results with Britain, which wants to see a successful model for the form of bilateral relations, and to guarantee its interests with a fully qualified and gained government." For constitutional and legal legitimacy, and this matter will be available with the Al-Kazemi government, which wants to lead a transition to another democratic phase, by supervising the holding of early elections, under the supervision of the United Nations, and returning to the angry opinion of the street, and the production of a new political class that ends years of fragmentation and conflict, and also A phase of balanced relations begins between Iraq and all its neighbors, and its international allies. "

They added, "Al-Kazemi succeeded in making good perceptions about the roles he and his ministerial team working with him, and the European hospitality towards him showed the strong desire of these countries to create a responsible Iraqi partner who secures their interests, and he also believes in his interests with them, so the two visits achieved important results." It has an impact, and it remains for Al-Kazemi to present Iraqi perceptions of the form of the regulatory relationship between him and the countries of the international coalition participating in the war against ISIS, as well as his continuous search for his removal from the European list that classifies Iraq among the most dangerous countries.

They indicated that "Iraq wants a lot from London, but quite a lot, especially since the two countries have many trade and investment ties and ties, especially in the field of energy, which gives the visit more important results, since British companies invest in the oil field in Iraq, in addition to the fact that Britain is Important relations are adopted in the field of cultural exchange and research, as well as an important part of the qualification and training process for the Iraqi armed forces and other security forces. "

And they indicated that "Al-Kazemi has many and many demands and agenda. The climate will be appropriate to present to the English, and it will also reflect a sincere Iraqi desire for cooperation in the fields of economy, health, education and energy. Al-Kazemi may succeed in his endeavor to reclassify his country in the ranking of the least dangerous countries."

They emphasized that "Iraq has a very clear ambition to transfer British technology, and to benefit from modern management systems in all fields for the purpose of building its institutions that suffer from deficits and inherited problems. Al-Kazemi may succeed in attracting British capital to enter a promising market such as the Iraqi market, as well as what he can gain." Iraq is of importance at the international level by the nature of its position and its regional and international influence, while the British do not want anything but a strong, clear, transparent, and impartial partner, and not subject to the pressures of the armed forces of corruption

 

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The Governor of the Central Bank of Iraq met in the capital, London, with the Governor of the Bank of England. The meeting dealt with ways to develop banking relations, increase the volume of investment transactions between the two countries, cooperate in the field of “combating money laundering and terrorist financing” and overcoming obstacles that hinder the process of opening branches for foreign banks.
 
 

 

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In the context of his visit to the United Kingdom, His Excellency the Governor met with the two international auditing companies Ernst & Young and PWC, where he discussed with them the enhancement of the volume of work with the Central Bank of Iraq due to the experience and reliability of these companies, stressing his keenness to maintain the relationship with them during the coming period.

 

 

 

 

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The Governor of the Central Bank concluded his meetings with the Secretary General of the European Bank for Reconstruction and Development (EBRD), and the meeting included discussion of the final requirements for Iraq's accession to the European Bank as well as their desire to deal with Iraqi private companies and banks.
 
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The central bank is looking to increase the volume of investment transactions with England

Political | 07:36 - 10/21/2020

 

image

Baghdad - Mawazine News,
Governor of the Central Bank, Mustafa Ghaleb Makhaif, discussed, on Wednesday, with the Governor of the Bank of England, to increase the volume of investment transactions.
In a statement received by Mawazine News / a copy of it, the bank said, “The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mkhaif, met in the capital, London, today, Wednesday, with the Governor of the Bank of England. In the fields of combating money laundering and terrorist financing, and overcoming obstacles that hinder the process of opening branches for foreign banks operating in Iraq.
He added, "The governor met, within the framework of his visit to the United Kingdom, with the two international auditing companies Ernst & Young and PWC, where he discussed with them enhancing the volume of work with the Central Bank of Iraq because of these companies' experience and reliability, stressing his keenness to maintain the relationship with them during the coming period," indicating that "The governor concluded his meetings with the Secretary General of the European Bank for Reconstruction and Development (EBRD), and the meeting included discussion of the final requirements for Iraq's accession to the European Bank, as well as their desire to deal with Iraqi private companies and banks

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Al-Kazemi (the ambition) wants a lot from London, and the British just want one thing from him .. So what does Johnson want, and what does Al-Kazemi want?

 

46639.jpg

 

20th October, 2020


It is hoped that the Iraqi Prime Minister, Mustafa Al-Kazemi, will end his European tour in the fog capital (London), where the British are waiting for him with a common agenda, and also awaiting him to discuss Iraq's relations with the United Kingdom, as this country constitutes a historical weight in its relations with Iraq, and also has a role. The actor in the international alliances established for Iraq, whether in 2003, and who led the campaign to end dictatorship, or in the joint international war on terror in 2014.

Observers and followers of the file of the Prime Minister’s visit to Europe said that “the visit has achieved fruitful results, whether in France or Germany, and it remains for Al-Kazemi to reap good and positive results with Britain, which wants to see a successful model for the form of bilateral relations, and to ensure its interests with a fully qualified and acquired government. For the constitutional and legal legitimacy, and this matter will be available with the Al-Kazemi government, which wants to lead a transition to another democratic phase, by supervising the holding of early elections, under the supervision of the United Nations, and returning to the angry opinion of the street, and the production of a new political class that ends years of fragmentation and conflict, and also A phase of balanced relations begins between Iraq and all its neighbors, and its international allies.

They added that “Al-Kazemi succeeded in making good perceptions about the roles that he and his ministerial team working with him, and the European hospitality towards him showed the strong desire of these countries to create a responsible Iraqi partner, who secures their interests, and he also believes in his interests with them, so the two visits achieved important results. Has an impact, and it remains for Al-Kazemi to present Iraqi perceptions of the form of the regulatory relationship between him and the countries of the international coalition participating in the war against ISIS, as well as his continuous search for his removal from the European list that classifies Iraq among the most dangerous countries.

And they indicated that “Iraq wants a lot from London, but a lot, especially since the two countries have many trade and investment ties and ties, especially in the field of energy, which gives the visit more important results, since British companies invest in the oil field in Iraq, in addition to the fact that Britain Important relations are adopted in the field of cultural exchange and research, as well as an important part of the qualification and training process for the Iraqi armed forces, and other security forces.

And they indicated that “Al-Kazemi has many and many demands and agenda. The climate will be appropriate to present to the English, and will also reflect a sincere Iraqi desire for cooperation in the fields of economy, health, education and energy. Al-Kazemi may succeed in his endeavor to reclassify his country in the ranking of the least dangerous countries.

They emphasized that “Iraq has a very clear ambition to transfer British technology, and to benefit from modern management systems in all fields for the purpose of building its institutions that suffer from deficits and inherited problems. Al-Kazemi may succeed in attracting British capital to enter a promising market such as the Iraqi market, as well as what he can gain Iraq is of importance at the international level by the nature of its position and its regional and international influence, while the British do not want anything but a strong, clear, transparent, and impartial partner, and not subject to the pressures of the armed forces of corruption.

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Representative Energy: Al-Kazemi's tour to Europe is beneficial for developing the energy sector

image.jpeg.bf52ca3e80eb092b930dc9fff40a39f5.jpeg

 

21st October, 2020


The Parliamentary Oil and Energy Committee confirmed, on Tuesday, that Prime Minister Mustafa Al-Kazemi's tour to Europe will benefit from bringing in sober companies to produce gas and electricity.

Committee member Ghaleb Muhammad said, "Al-Kazemi's visit can be used economically by bringing sober and huge companies in European countries, which work in the field of electricity generation and gas and oil extraction - to Iraq," pointing out that "Iraq needs these companies in the field of power generation." And giving the sums to them in comfortable installments."

He added, "If Al-Kazemi achieves an agreement with sober companies for the production of gas, electricity and even the oil industry, this visit will be economically important," noting that "this visit we hope will be economic because the country is going through a bad economic situation."

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Defense Minister from London: Iraq is a strong and secure country, unlike what the media portrays

http://almasalah.com/MediaStorage/GalleryImages/148903.jpg?width=750&&height=375

 

22nd October, 2020


The Minister of Defense, Jumah Inad, confirmed, Thursday, October 22, 2020, that Iraq is a strong country despite the problems it is going through, while it was shown that it is possible to move around in Iraq safely, unlike what the media portrays.

A ministry statement received by Al-Masala stated that during his accompaniment to the Prime Minister and Commander-in-Chief of the Armed Forces, Minister of Defense Jumah Inad, accompanied by the Minister of Foreign Affairs, held an expanded video conference at the Russian Institute RUSI, the Royal Institute for United Studies for Strategic, International and Security Studies in London with many researchers from different parts of the country. The United Kingdom and the World.

The statement added that the Minister of Defense presented a brief explanation of the security situation in Iraq and the Middle East region, indicating that despite the problems that Iraq is going through, it is a strong country with great capabilities and qualifications, and anyone can now go to Iraq and travel day and night in all its parts with great safety, unlike Some media channels portray it to the world.

The statement quoted Inad as his assertion that the Iraqi government is continuing to implement its tasks until the elections next year.

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Al-Kazemi and Prince Charles discuss initiatives to enhance coexistence, community peace and environmental protection

137626.jpg?watermark=4

 

22nd October, 2020


Prime Minister Mustafa Al-Kazemi discussed today, Thursday, with the Crown Prince of the United Kingdom, Prince Charles, initiatives aimed at promoting coexistence, community peace and protecting the environment.

The media office of the Prime Minister said , in a statement received by “Advance” a copy of it, that “Al-Kazemi met, today, Thursday, Prince Charles, Crown Prince of the United Kingdom, Prince of Wales, at the Royal Clarence House Palace in the British capital, London, as part of his current visit to Britain, "indicating that "during the meeting, bilateral relations between the two countries and ways of developing them were reviewed, as well as the development of prospects for cooperation between Iraq and the United Kingdom, in various fields.

The statement added, "The meeting also discussed discussion of some initiatives that contribute to promoting coexistence, community peace and environmental protection, and some steps were discussed in this regard."

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Al-Kazemi and Prince Charles discuss initiatives to enhance community peace and protect the environment


Al-Kazemi and Prince Charles discuss initiatives to enhance community peace and protect the environment

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German Siemens: We added 791 megawatts to the electric power in Iraq

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18:38 - 10/22/2020
 

A report by the British newspaper The National confirmed in a report, Thursday, that the German industrial giant Siemens is in discussions with the Iraqi government to advance work on the second phase of a $ 15 billion roadmap for energy rehabilitation, and it also helps the country to stop technical losses related to bypass. On the electrical network.

"There are two projects that have not been completed yet, and we are working on the financial closure of these projects," the newspaper quoted in its report, translated by the agency / Al-Maaloumah, the managing director in the Middle East of Siemens Energy, Dietmar Searsdorfer, as saying in an exclusive interview.

He added that "the company is in talks to reach a financial closure for energy projects that will add 1.3 gigawatts to the Iraqi electricity network by the summer of 2021, and Siemens has already added 791 megawatts of electrical energy to the Iraqi grid, which is enough to provide electricity to about 3 million people."

The report continued that “the habit of building energy infrastructure in Iraq, which has been destroyed by decades of war, is at the top of the government's list of priorities. The disrupted network of facilities was a major factor behind the protests across the Iraqi provinces during the summer months, when temperatures reached 50 degrees Celsius, ”Sursdorfer said, “We are in the first phase, trying to complete projects to build a new generation and are now looking at the projects that they will put in place. For the second stage.”

He continued, "Siemens is working to connect the stations in Maysan, Rumaila and Shatt Al Basra, which are expected to add 2,200 megawatts of energy to the grid. The company also signed an agreement worth $ 1.3 billion to rebuild two power plants destroyed by ISIS as part of the second phase of the road map last year."

The report noted that “Siemens will test the billing system in Iraq that has succeeded in Latin America and Africa to reduce losses to service providers, as the system will also allow end-users to access electricity in prepaid mode.” “You can pay with your cell phone for electricity, as you can now buy 10 pounds or $ 10 worth of electricity, and an efficient collection system will also enable job creation, as the operating distribution and transportation network requires adequate infrastructure in addition to measuring technology that needs to be manufactured,” said Searsdorfer locally".

The Munich-based company is helping the Iraqi Ministry of Electricity manage systemic losses, which have cost the energy sector and the government billions of dollars in lost revenues, weakening the already fragile economy, while former Electricity Minister Luay Al-Khatib said earlier this year that Iraq had lost an estimated $ 12 billion due to the theft of electricity in 2019.

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