Prime Minister: Building the nation requires patience and time

[yota691]

Al-Kazemi sponsors the signing of 15 contracts with China to build 1,000 schools

 

- 12-16-2021 02:13 PM - Number of readings: 1145

 

Today, Thursday, a ceremony was held for the signing of fifteen contracts with the Chinese side to build 1,000 school buildings in various parts of Iraq; This is within the framework of cooperation agreement between the Iraqi and Chinese governments.
A statement by the Office of the Prime Minister, Mustafa Al-Kazemi, stated, "The signing was sponsored by the latter and in his presence, and the Iraqi side was represented in the signing by the Executive Director of the Higher Committee for School Construction Karar Muhammad, while the Chinese side was represented by the Vice President of Power China Li Daze, to establish 679 school buildings."
He added, "It was signed with the Chinese side, represented by the regional director of Sino Tech Koo Jun, for the construction of 321 school buildings."
 

 

 

 

[yota691]

In the presence of senior company officials

Photos: Al-Kazemi's signing ceremony of 15 contracts with China to build 1,000 schools

2021.12.16 - 14:37

 

Baghdad - people   

On Thursday, Iraqi Prime Minister Mustafa Al-Kazemi signed 15 contracts with China to build 679 school buildings.  

  

 

  

And the Prime Minister’s media office said in a statement, “Nass” received a copy of it, (December 16, 2021), that “with the patronage and presence of Prime Minister Mustafa Al-Kazemi, today, Thursday, a ceremony was held for the signing of fifteen contracts with the Chinese side to build a thousand school buildings in various parts of the country.” Iraq, as part of the Cooperation Framework Agreement between the Iraqi and Chinese governments.   

The statement stated, "The Iraqi side, in the signing, was represented by the Executive Director of the Higher Committee for School Construction, Karrar Muhammad, while the Chinese side was represented by the Vice President of Power China Li Dze, to construct 679 school buildings."   

He added that "the signing took place with the Chinese side, represented by the regional director of Sino Tech Co. Koo Jun, for the construction of 321 school buildings."   

  

  

  

  

  

  

  

On Wednesday, the spokesman for the General Secretariat of the Council of Ministers, Haider Majid, announced the details of the Iraqi-Chinese agreement.  

Majid said in a statement that "Nass" received a copy of it, (December 15, 2021), that "the first contract that was signed within the Iraqi-Chinese framework agreement is the project to develop Nasiriyah International Airport, and the project will be started soon, after the foundation stone has been laid."  

He added, "The second contract is a project to establish 1,000 model schools in all governorates, as a first stage out of 7,000 schools, and it will be signed very soon."  

And he indicated, "The rest of the projects proposed within the plan, the Sadr City development project, to create 90,000 housing units, energy and infrastructure projects, and the agreement entered into force."    

[yota691]

Prime Minister Mustafa Al-Kazemi sponsors the signing of 15 contracts with the Chinese side to build a thousand schools
566 views Dec 16, 2021

[yota691]

Launching the funds related to the Iraq-China framework agreement

• MONDAY, 20-12-2021,PM 3:33
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• KARAR AL ASADI
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http://non14.net/public/images/large/8-1640003631.png

On Monday, the Council of Ministers decided to release the funds related to the Iraq-China framework agreement.

And the General Secretariat stated in a statement received by Noon News Agency, that "the Cabinet agreed to continue spending on ongoing projects funded by loans approved under the Federal General Budget Law for the fiscal year 2021 and previous years under the signed agreements in light of the allocations that will be included in the draft budget law." Federal General Assembly for the fiscal year 2022.

The statement indicated that "this comes in accordance with Article (13/Second) of the amended Federal Financial Management Law (6 of 2019).

According to the statement, the text of the decision stated, “The Ministry of Finance has launched the funds related to the China-Iraq Framework Agreement, for which allocations are allocated within the Federal General Budget Law for the fiscal year / 2021, according to contracts concluded with the implementing agencies, and within its obligations to disburse operational advances, based on the What was reported by the Ministry of Planning, in accordance with the directives of the Diwaniyah Order Committee (83 of 2021) to determine national priorities and criteria for selecting projects within the framework agreement for cooperation between the Iraqi and Chinese governments.

[yota691]

The Cabinet approves the launch of financing the Chinese agreement

 

The Council of Ministers headed by Mustafa Al-Kazemi

Material uses Economy News - Baghdad On Monday, the Council of Ministers approved the continuation of spending on ongoing projects funded by loans approved under the Federal General Budget Law for the fiscal year 2021. The Council said in a statement received by "Economy News", that "the Council of Ministers agreed to continue disbursing the ongoing projects funded by loans approved under the Federal General Budget Law for the fiscal year / 2021, and the previous years according to the agreements signed in light of the allocations that will be included in the draft law." The federal general budget for the fiscal year 2022. He added, "This comes in accordance with Article (13/Second) of the amended Federal Financial Management Law (6 of 2019).   He pointed out that "the text of the decision stated that the Ministry of Finance launched the funds related to the Chinese-Iraqi framework agreement, for which allocations are allocated within the Federal General Budget Law for the fiscal year / 2021, according to contracts concluded with the implementing agencies, and within its obligations to disburse operational advances, based on what it reported. The Ministry of Planning, in accordance with the directives of the Diwaniyah Order Committee (83 of 2021) to determine national priorities and criteria for selecting projects within the framework agreement for cooperation between the Iraqi and Chinese governments.

Views 192   Date Added 12/202021

[yota691]

 

Russian newspaper: China is betting on Baghdad to increase its influence in the Middle East

 

 2021-12-21 04:29

 

Shafaq News/ The Russian newspaper "Nezavisimaya Gazeta" saw today, Tuesday, that China is betting on Iraq to increase its influence in the Middle East.

 

In a report published on "Beijing's bets and investments in Iraq," the newspaper said that Chinese government companies signed an agreement with the Iraqi authorities to build 1,000 schools, indicating that Baghdad hopes to restore the education system destroyed by war with the help of the People's Republic of China.

 

Beijing expects, according to the newspaper, to increase its influence in the Middle East by relying on Iraq, which attracts most Chinese investments in the region, noting that China has become the largest buyer of Iraqi oil.

 

The newspaper quoted the Orientalist and political expert, Elena Suponina, as saying: "Iraq has always attracted the attention of the Chinese. In the days of Saddam Hussein, they were interested in oil and gas fields and signed contracts. Even after Saddam's overthrow, the Chinese managed to gain a foothold in that market, Although they invested in a very small scale, due to the difficult security situation there. Even the Chinese workers were taken hostage by the terrorists. After every such incident, the Chinese business was becoming more cautious. However, Iraq, for China, is estimated Oil reserves of at least 112 billion barrels, opens the appetite."

 

She added: "After the Americans toppled Saddam, it was believed for a long time that American companies would come to Iraq, and that oil was their biggest concern. It turned out that this is not the case. Although there is an American business in the Iraqi market, it is very limited. It has raised insecurity The fear of American investors. And the development of oil production in the United States made it possible for Washington to abandon its heavy presence in Iraq without pain. On the other hand, the Chinese are filling the void that appeared after the Americans eased their focus on the region. But Russian companies are also working in Iraq. For her, strengthening the presence of the Chinese could be a serious competition."

 

In the middle of this month, the Iraqi government signed 15 contracts with the Chinese side to build 1,000 schools in different parts of the country.

On the twenty-eighth of last November, the Iraqi military authorities reported a security alert to protect Chinese companies implementing a project to build 1,000 schools across Iraq.

[yota691]

Adviser to the Prime Minister: The agreement with China is effective

 

- 22-12-2021 08:28 AM - Read: 6720

 

 

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Wednesday, that the draft budget will top the list of work for the new parliament, indicating that the cooperation framework agreement between Iraq and China has become effective.
Saleh said in a press statement, "The budget will be submitted before the end of the year to Parliament for discussion," noting that "the budget may be approved according to the price of 50 dollars per barrel of oil."
Saleh added, "Things will be good economically if a sales rate of $70 per barrel of oil is achieved during the next year, with non-oil revenues."
Saleh suggested that "the 2022 budget includes opportunities for appointment, but it will not be large," denying that "there will be any prejudice to the salaries of employees."
And Saleh indicated, "The region's share will be left to the political negotiations between the government and the region, and all these matters are also left to Parliament."

[yota691]

Five Issues That Summarize The Motives Behind China's Interest In Iraq

 

LAST UPDATE 01/16/2022 | 4:13 PM

Information / Baghdad.

On Sunday, the economist Nabil Al-Marsoumi, in a Facebook post seen by / the information, attributed the motives of Chinese interest in Iraq to five issues related to the Belt and Road project and the future of energy, as well as the Sino-American conflict.

pressure on Washington

The economist considers that “the Chinese interest in promoting trade exchange with Iraq is due to Beijing’s targeting of its relations with Iraq as a pressure card on Washington, especially in light of the American military presence there, which made it an arena prepared to pressure the United States by establishing economic relations with Baghdad that allow In the future, it will have political influence over the Iraqi political elites and promote options that affect US-Iraqi relations.”

Belt and Road Project

On the other hand, Al-Massoumi affirms that “the strategic importance of Iraq lies in its geographical location, which is located in the heart of the Middle East, which is a contact area and confluence of the continents of the ancient world. It is in an important position in its political and strategic priorities for many considerations, including: its geographical location, Iraq’s enormous wealth, its strategic location in the continent of Asia, and the possibility of an influential Iraqi role in regional policies in the future.”

oil exports

With regard to oil, the economist pointed out that “Beijing is seeking to increase its investments in the field of energy in Iraq, as the Iraqi Ministry of Oil announced in April 2018 that the Chinese company UGE had obtained a contract to develop the Sinbad exploratory patch in Basra. Geo Jaid also acquired two contracts for the development of Naft Khana and Al-Hawizeh in the Maysan Governorate.

He pointed out that “in April 2018, Iraq signed a contract with the Chinese companies “Power China” and “Norinco International” to build an oil refinery with a production capacity of 300,000 barrels per day in the Faw port overlooking the Gulf, and therefore China seeks to invest in international oil fields, including the fields Iraqi oil companies, as Chinese companies own different stakes in five of the Iraqi oil fields under the first and second oil licensing rounds. China is also interested in buying the shares of the US Exxon Mobil and Lukoil of Russia in the West Qurna 1 and 2 fields.

He considered that "Chinese companies' chances of obtaining oil contracts in Iraq are increasing, as a result of their willingness to negotiate flexible and conclude contracts on concessional terms compared to others with the International Oil Company."

market for chinese products

The Iraqi market, according to al-Massoori, “is close to China compared to European and American markets, and Iraq has turned into one of the largest importers of Chinese products after 2003, especially with the deterioration of the purchasing power of Iraqi citizens, and their inability to obtain high-cost imported products.”

Support China's standing

The economist believes that "Beijing seeks to influence various regional and international issues and events, in addition to securing the energy sources necessary for the continuation of its economic growth, which is linked to achieving stability in countries such as Iraq."

He pointed out that "some analysts believe that Beijing is taking the economy as an entrance to the future impact on the political situations and interactions in Iraq," noting that "the Chinese strategy towards Baghdad is based on the need to develop strategic relations with regionally important countries, including Iraq, which could play a future regional role. in the East". finished/25h

[yota691]

The General Secretariat clarifies the current Chinese agreement projects: another addition in 3 sectors

Economy |   09:08 - 16/01/2022

 

 

 

 

 

Baghdad - Mawazine News

Today, Sunday, the General Secretariat of the Council of Ministers announced the imminent implementation of the school building project by two Chinese companies within the Iraqi-Chinese framework agreement, and while revealing the current projects within the agreement, it confirmed the Ministry of Planning's endeavor to include new projects within 3 sectors.
A spokesman for the General Secretariat of the Council of Ministers, Haider Majid, said, "Ten days ago, the executive management of the schools project in the General Secretariat of the Council of Ministers began handing over work sites to the two Chinese companies, PowerGina and Cintoc, with whom 15 contracts were signed within the framework agreement with China, and now our technical and engineering teams are following up the procedures to be completed. Work begins with the implementation of the project.
He added, "The distribution of schools to the governorates according to the school building project was carried out according to standards and based on the number and need. There are double and triple-shift schools, clay schools, and others that are in danger of collapse. The number of schools was divided according to population ratios, and there was work in coordination with the governorates, and all the plots of land that were prepared and equipped were prepared and equipped." There are no administrative, technical and legal problems on it, and the amount is a thousand pieces.”
He added, "This number of plots of land is currently ready to start the school building project within the agreement with China, and the funds for financing the projects have been fully included and allocated."
Regarding the projects included so far within the agreement, Majeed explained, "So far, there are two projects within the agreement with China, which are the rehabilitation and development of Nasiriyah Airport and the project to build 1,000 schools. Currently, the Ministry of Planning is considering other vital projects in the energy, infrastructure, roads and bridges sectors." Ended 29 / p. 87

[yota691]

Chinese companies begin handing over the sites of the Thousand Schools Project

Tuesday 18 January 2022199

 

 Al-Najaf Al-Ashraf: Hussein Al-Kaabi

Samawa: Ahmed Al-Fartousi

 

Chinese companies have begun handing over the construction sites of 1,000 schools in all governorates, as part of a cooperation framework agreement between the Iraqi and Chinese governments.

Last month, under the patronage of Prime Minister Mustafa Al-Kazemi, 15 contracts were signed with two Chinese companies to build 1,000 new schools, with 679 school buildings by Power China and 321 other buildings by Sino Tech. 

The director of educational media in Najaf, Wissam al-Raziqi, told "Al-Sabah": "The Chinese company (Power China) has handed over the first sites in the Milad neighborhood, and it is among 40 sites that the company will receive in the next few days." He pointed out that "the sites were identified in coordination with the State Real Estate Department and municipal departments," noting that "the construction period is two years from the date of commencement of work according to the contract concluded with the company." In Al-Muthanna, the Director of Education, Saad Khudair Al-Rishawi, told "Al-Sabah": "The directorate handed over the lands nominated for the construction of 53 schools distributed throughout the province's regions to the Chinese company (Power China)." He added that "the local government pledged to facilitate the procedures related to the project, which is supervised by the General Secretariat of the Council of Ministers in coordination with the Ministry of Education and its directorates." For his part, Muthanna Governor Ahmed Manfi said during a press conference attended by Al-Sabah:

[yota691]

Economy News publishes the Iraqi-Chinese agreement

 

Part of the Iraqi delegation's visit to China. "Internet"

Material uses Economy News - Baghdad Al-Eqtisadiah News publishes the terms of the Chinese-Iraqi agreement signed by the former Iraqi government headed by Adel Abdul-Mahdi.  To view the terms of the agreement, click here

Views 460   Date Added 01/20/2022

[currenzcraze]

China invested 10.5 billion dollars in Iraq in 2021

Mesopotamia was the main target of the “Belt and Road” infrastructure initiative.

agencies Wednesday February 2, 2022 16:08

 

China is cooperating with Iraq to build a heavy fuel station in Karbala (AFP)

A study published on Wednesday, February 2, reported that Iraq was the main target of the Chinese " Belt and Road " infrastructure initiative in 2021, as it received $10.5 billion in funding for projects that include heavy oil power plants.

increase investments

In total, China's investment through investment and cooperation in the 144 countries covered by the initiative amounted to $59.5 billion, without much change from $60.5 billion in 2020, according to a report by the Center for Green Finance and Development at Fudan University in Shanghai .

The study said that investments in Arab countries and the Middle East increased last year by 360 percent, and construction projects by 116 percent, compared to 2020.

The study added that Iraq, in which the United States ended its military operations last year, has become the third largest partner in the initiative in energy projects since 2013 after Pakistan and Russia.

 

Strengthening business links

China is cooperating with Iraq to build the Al-Khairat heavy fuel station in Karbala Governorate, and the Chinese "Sinopec" company won a contract to develop the Iraqi Mansouriya natural gas field near the border with Iran.

The two countries are also cooperating to build an airport, a solar power plant and other projects.

China launched the Belt and Road Initiative in 2013 to strengthen trade links with the rest of the world, and has spent a lot on infrastructure development in dozens of countries worldwide.

But critics say China's financing is often undesirable and lacks transparency, and makes some of the poorest countries, especially in Africa, dependent on China through debt.

https://www.independentarabia.com/node/300311/اقتصاد/أخبار-وتقارير-اقتصادية/الصين-استثمرت-في-العراق-بقيمة-105-مليار-دولار-عام-2021

[horsesoldier]

Looks like China is fixin’ to own a great big piece of Iraq’s action.

[yota691]

 

Was Adel Abdul-Mahdi's prophecy about Iraq's relations with China fulfilled?

 

 2022-02-02 09:56

 

 

Shafaq News/ The British "Financial Times" newspaper reported, on Wednesday, that Iraq has become among the largest beneficiaries of the Chinese "Belt and Road Initiative" launched by President Xi Jinping, despite the decline in Chinese investments in the initiative in general, through energy and reconstruction contracts. In billions of dollars.

 

And the newspaper explained, in a report translated by Shafak News Agency, that China concluded contracts worth more than 10 billion dollars with Iraq during the past year, as part of a "strong shift" in its engagement towards the Middle East, despite the broader decline in Chinese investment abroad.

 

The newspaper pointed out that these results were revealed in a report published Wednesday by the "Green Finance and Development Center" at Fudan University in Shanghai, China, and reviewed by the Financial Times.

 

She added that Beijing's efforts to promote deeper economic relations with Iraq, which is the second largest oil producer in the Organization of the Petroleum Exporting Countries, coincides with the growing impression among Arab leaders, that the United States is "separating" from the Middle East.

 

Chinese five-year plan

 

The newspaper added that the researchers point out that the five-year plan of the Chinese Ministry of Commerce, set until 2025, provides for investments abroad, including projects not affiliated with the "Belt and Road Initiative", at a value of 550 billion dollars, which means a decrease of 25% from the 740 $1 billion allocated between 2016 and 2021.

 

On the other hand, in the Middle East and Arab countries, the newspaper indicated that the levels of investments and construction contracts increased by 360% and 116% respectively, the majority of which were allocated to infrastructure related to energy and transportation projects.

 

The newspaper quoted the director of the Green Center for Finance and Development, Christoph Wang, as saying that researchers were "surprised" by the extent of China's engagement with the Middle East and Arab countries, explaining that "the belief was that the focus would be much more on Southeast Asia, including infrastructure, but it In fact, it was particularly motivated by Iraq, and by a strong shift towards Africa and the countries of the Middle East."

 

The newspaper pointed out that China established its position in the region in the same year that US President Joe Biden officially ended the combat mission of the US forces in Iraq and the Taliban regained control of Afghanistan after the chaotic withdrawal of the coalition forces from it.

 

She pointed out that China relies on the Middle East for the majority of its energy imports, while the Arab countries are expanding the relationship with Beijing, benefiting from Chinese technology and strengthening trade relations with the second largest economy in the world.

 

Iraqi-Chinese relations

 

The report also indicated that relations between China and Iraq were strengthened during the era of former Iraqi Prime Minister Adel Abdul-Mahdi, who had described Sino-Iraqi relations in 2019 as ready to achieve a "paradigm shift."

 

He added that Iraq occupies the position of the third largest oil exporter to China, and that in addition, Iraqi officials were keen to secure Chinese investments to help develop the deteriorating infrastructure, as many Western companies were reluctant to place their investments outside Iraq's oil and gas sectors in He continued to suffer from political turmoil and sporadic waves of violence.

 

According to the British newspaper, the new deals concluded between Chinese and Iraqi companies include the Al-Khayrat Al-Kabeer power plant in Karbala province, the reconstruction of the international airport in Nassiriya, and the development of the Mansouriya gas field near the border with Iran.

 

The report also pointed out that Iraq signed last December with the Chinese companies "Power Construction Corporation" and "Sino-Tech" to build 1,000 schools, whose costs will be paid through oil products.

 

The report concluded by noting that the Chinese president launched the "Belt and Road Initiative" in 2013, but after several years of rapid growth, the pace of lending through the "Belt and Road" has recently slowed.

 

He explained that there was a total of 59.5 billion dollars in Chinese financial investment and contractual cooperation across 144 countries in the "Belt and Road Initiative" in 2021, down from 60.5 billion dollars in 2020, according to a report by the "Green Center for Finance and Development."

 

While the value of contracts reached 45.6 billion dollars, up from 37 billion dollars, investments amounted to 13.9 billion dollars from 23.4 billion dollars.

[horsesoldier]

China doesn’t have to fire a shot...they don’t need to invade Taiwan ( unless there’s a deep seated reason).

 

They can bluster, saber rattle & play all their brinkmanship games they want...while everyone else is focused on these issues, China is subtlety & at times in the open, taking over key & strategic countries all over the world—Economically 

 

Putin/Ukrainian issue - he’ll get what he wants by squeezing this issue like a grape. He risks allot by invasion, he’s crafty/he’s KGB. Winter offensives are perfect for Armored assaults. We know he’s amassed heavy armor on the border. 
 

The Brandon Administration ( largely hell bent on absolute control over the USA population & pawns of China ) is focused on the Ukraine. China appears not to be our focus; the exception is some in Congress have been very outspoken in this but largely are ignored.

 

If Putin doesn’t move on the Ukraine this winter, the spring thaw could mire much of his armor in mud, slowing the attack leaving his forces vulnerable. This leaves mid summer/early fall when the ground is harder able to support heavy metal.
 

Let’s see what he really wants. Meanwhile China rolls along in the M.E. ( Silk Road ), Asia & Africa, S. America & even in the USA. They’re a patient people & we’ll be left just a third world country in the future...unless the USA can grow a pair 

 

This said, we’re all aware of what took place this past election cycle. Nothing short of diabolical huh. Presidents aren’t elected they’re selected.

[yota691]

A deputy asks the Central Bank for a detailed table that includes a statement for the account of the Iraqi-Chinese agreement (document)

 

- 09-02-2022 05:00 PM - Number of readings: 604

 

Representative Mustafa Sanad asked the Central Bank for a detailed schedule that includes a statement for the Iraqi-Chinese agreement.

The document indicated that "the statement includes the balance, entries and monthly withdrawals in dollars, and clarification of the reasons for withdrawal."

 

[yota691]

Iraq between the stifling political crisis and the collapsed economy

APRIL 7, 2022

676

1 MINUTE READING

 

According to international reports in 2020, a small Asian country called Laos has fallen prey to Chinese debt diplomacy.

This made Laos hand over the largest share of its electric power grid to China Southern National Electric Power Corporation, due to its failure to repay Chinese debt.

The country's foreign exchange reserves have fallen to less than $1 billion, which is an ideal opportunity for China to trap Laos through lucrative investment offers.

Laos struggled to pay off Chinese loans, and ended up handing over the majority of the national power grid to China, amid soaring debts of Laos' private power company, which accounted for 26 percent of its total revenue.

Laos is not the first in the list of victims of Chinese debt diplomacy. There is Sri Lanka and Pakistan, which have become involved in the Chinese debt cycle, forcing them to bargain over some strategic assets.

Tajikistan, which has continued, since 2006, to borrow from China, has been forced to cede 1,158 square kilometers of the Pamir Mountains to China. The Maldives found itself owing more than a quarter of China's annual gross domestic product, prompting it to lease one of its islands to Beijing for 50 years. President Ibrahim Solh described it as a project to “seize state lands.”

China grants many large financial loans under the pretext of completing infrastructure projects for those countries by Chinese companies, if China has many banks that provide loans to countries among those banks, the most important of which are: Export and Import Bank of China, People's Bank of China.

But perhaps the most important goal (which is considered a hidden goal) that China wants to achieve from behind the debt policy is to dump the poor countries and bring them down in what has become called the Chinese debt trap, which has become one of the aspects of modern colonialism and a title for the Chinese incursion into the world.

There is no doubt that China relies in its diplomacy on soft power and non-interference in the internal affairs of countries and its indifference to the issue of human rights. It is pragmatic in its foreign policy. It seized 90% of the National Electricity Company in Laos due to the latter’s inability to pay its outstanding debts, the same thing happened with Burma, where China took control of strategic facilities because of the same problem (debts), and perhaps the most famous Chinese acquisition of facilities in other countries is its control On the port of Manhibtota in Sri Lanka for 99 years due to its inability to repay the project’s completion loans, which was estimated at 1.3 billion dollars….. the Chinese debt trap extended to Pakistan, where China took control of the port of Gwadar and acquired it for 40 years and achieved great financial returns from behind the ships And containers that dock at the port.

When we mention the Chinese penetration, we are certainly facing the Chinese incursion into the African continent, which had the lion’s share in the diplomacy of the debt trap. Djibouti is threatening to give up 90% of its facilities to China, and thus it is threatening to lose its sovereignty. The port of Mombasa in Kenya was acquired by China and exploited For 90 years, Ethiopia, the largest African country in terms of the number of Chinese companies present on its soil, is also vulnerable to falling into a debt trap. All the completed projects, whether: dams, highways, railways, airports, hydropower projects...) are projects with Chinese loans that have not been completed The volume of Chinese loans to Ethiopia from the year (2008-2018) was estimated at about $13 billion, according to the statistics of the “Chinese African Research Initiative Center”.

 It is noteworthy that China is the main creditor of three African countries, namely the Democratic Republic of the Congo, Djibouti and Zambia, while it acquires a large proportion of the external debt of other African countries, amounting to about 32 percent.

According to Chinese official data, the value of Beijing's loans to the continent last year amounted to 50.8 billion dollars.

Beijing has lent African countries billions of dollars as part of the "Belt and Road" initiative launched by Chinese President Xi Jinping in 2013, including $5 billion to build a 480-km railway from the Kenyan port city of Mombasa to the capital, Nairobi.

 

In the last decade, Arab countries have become thirsty for investment and money, especially countries such as Iraq and Egypt that have emerged from a war on terrorism and internal turmoil.

These countries tended to search for investment that is no longer easily available, because every country in the world, in light of the current crises, wants to attract money to it, and not pump it into another country, not to mention that most Arab countries do not have the appropriate infrastructure.

However, there is a client, which is China, that is ready to invest in these countries, in the form of loans, but will not often pump it as liquid money into the state treasury, but offers to implement certain projects, with its companies and workers, and then calculates the cost, as a debt with interest close to the private market price, The debt is contingent upon guarantees and assets owned by the state, such as obtaining oil, for example, in return for project financing and interests.

On September 23, 2019, the former Iraqi Prime Minister, Adel Abdul-Mahdi, during his visit to China, headed a high-level delegation, signed the controversial “Iraq-China agreement.”

Iraqi economists and political experts believe that Chinese loans come as part of the soft nibbling policy practiced by China in the Middle East, and the issue is too big to be limited to economic loans, as it comes as a Chinese strategic direction to dominate the third world countries and thus complete control of that The countries are economically, politically and geographically.

 

[yota691]

In addition to the 'political blockage'

Abdul-Mahdi and Khazali discuss a series of files, including the Chinese agreement and the Silk Road

2022.04.11 - 20:26

 

Baghdad - people  

The Secretary-General of Asa'ib Ahl al-Haq Movement, Qais Khazali, discussed, on Monday, with former Prime Minister Adel Abdul-Mahdi, the political and economic situation in Iraq and ways to get out of the current political impasse.  

 

  

And the media office of Asa'ib said in a statement, "Nass" received a copy of it, (April 11, 2022), that "the Secretary-General of the Asa'ib Ahl al-Haq movement, Qais al-Khazali, visited during his Ramadan tours, Adel Abdul-Mahdi in his office in Baghdad."  

During the meeting, they discussed "the overall political and economic situation in Iraq and ways to get out of the current political impasse."  

The statement indicated that "the focus during the meeting was on the need to address the economic crisis that the country is witnessing and to invest the financial liquidity that resulted from the rise in oil prices."  

The two parties stressed, "It is necessary for the next government, whatever it may be, to focus on reviving the economic situation in Iraq, and that the file of the Chinese agreement, especially the Silk Road, be a priority away from political strife, and that this demand be based on a national sovereign decision."  

At the end of the meeting, the two sides commended the "people's efforts being made to advance the Silk Road project and the Chinese agreement, and the continuous education to remove this great project and its great importance will contribute to advancing the Iraqi economy forward."  

[yota691]

The Iraqi-Chinese agreement once again returns to the fore

APRIL 12, 2022

19

0 MINUTE READING

 

An economic agreement between Iraq and another country did not arouse any controversy and media clamor like the Iraqi-Chinese agreement that was signed during the former Prime Minister’s visit to China on 9/23/2019.

Some indicate that it is (agreement) and such a specification, even if it is, must be presented to the legislative authority for the purpose of legislating it legally, and others express it as a bilateral (agreement) between Iraqi ministries and Chinese parties, and such an assumption is one of the tasks of the government and its ministries without being presented to Parliament And all the spoilers and what was published about it, it is (agreement) vague. But why?

And this agreement is one of the previous pivotal bilateral agreements that started since the resigned Prime Minister received the portfolio of the Ministry of Oil during the presidency of Haider Al-Abadi.

Some who wish to discuss only analyze matters from one side, which is the aspect of acceptance, without analyzing the contents of the agreement that took place, its content, and its focus on mortgaging Iraq’s oil and the economic collapse that followed it.

To discuss the issue, we have to analyze the reality of the Iraqi economy since the year of change in 2003. The Iraqi economy neglected the developmental aspect of the economy and strengthened its consumer aspect.

Where he invested oil resources in operational budgets, where 100,000 barrels of oil per day must be reserved and placed in a credit account in one of the Chinese banks, through which the disbursement will be made to companies that implement projects in Iraq, according to what is approved by the Iraqi Ministry of Planning and with a credit ceiling of 10 billion. That is why China offers loans operational, in addition to the existence of penal terms, meaning that Iraq cannot exit the agreement easily, knowing that Iraq has signed 8 agreements and the duration of the agreement is 20 years.

The question is why did Iraq choose China for its economic renaissance?

The answer is that China has a technological and operational capacity

Reports indicate that oil funds have been deposited since 10/1/2019, as their cumulative amount reached half a billion dollars, with China ready to provide a credit of 10 billion dollars, and the first project was supposed to start, but the resignation of the (Abdul-Mahdi) government prevented that.

#Why does the new government seek to revive this agreement?

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Iraq between the Chinese pincer and the Iranian trap

MAY 5, 2022

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The Sino-Iraqi agreement, known as "oil for reconstruction", raises a lot of controversy in the Iraqi street.

Especially with Beijing's attempt to expand its influence in Iraq, by exploiting its good relations with Iran, in the fields of energy, reconstruction, bridges, housing projects, and others.

However, many specialists in the economic field question the feasibility of Chinese projects, and some even consider them harmful to the Iraqi economy.

And that Iran is pressing for the implementation of the Sino-Iraqi agreement, which will mortgage Iraq's economy, knowing that all the projects implemented by Beijing are very poor, and do not match international standards.

The Iraqi-Chinese agreement aroused great controversy in Iraq, due to the refrain from presenting it to the public opinion, or putting it before the Iraqi parliament, for the purpose of viewing and voting on it.

There are several problems in the Sino-Iraqi agreement, the first of which is that it obliges Iraq to supply Beijing with crude oil, in exchange for the latter's establishment of projects with Iraqi funds, and not the expansion of Chinese investments, as parties close to Iran are trying to deceive citizens.

In September 2019, the governments of China and Iraq signed a multilateral agreement, at the conclusion of talks held in the Chinese capital, Beijing, during the period in which Adel Abdul-Mahdi assumed the presidency of the Iraqi government.

The government of resigned Prime Minister Adel Abdul-Mahdi announced the signing of eight agreements and memoranda of understanding in the fields of infrastructure, communications, industry, security and energy.

And according to economists, the agreement includes China lending the Iraqi government more than hundreds of billions of dollars on the condition of guaranteeing and mortgaging Iraqi oil for the next 50 years to repay the loan with the benefits arising from it.

And this agreement will put the economy of Iraq and the future of its future generations at risk if these clauses are proven in the agreement that was signed.

But there are those who went further and linked this agreement to Iran and saw the China agreement as an economic rescue plan developed by Iran and imposed on the Iraqi government in order to finance its economy from the Iraqi money subconsciously, as it has been doing for years.

There is no doubt with certainty that from that time until this moment all Iraqi forces close to Iran started a campaign on social media and its media channels to promote the importance of the agreement with China.

Chinese companies have been working in Iraq for years that may exceed a decade, and they focus a lot on projects related to oil and its derivatives or logistics services related to oil extraction operations in the regions of southern Iraq rich in natural resources.

But these companies, which have annual investments worth billions of dollars, are almost absent from oversight, and among the practices carried out by Chinese companies in Iraq are tax evasion and the payment of bribes, and in 2020, one of the Iraqi parliamentarians stated that the Integrity Committee will investigate files of corruption and evasion A tax tax belongs to the Chinese company operating the “Al-Ahdab” oil field, which owes $180 million to the Iraqi government. And in cooperation with some influential people in the Ministry of Oil and the General Tax Authority, to pay the financial dues owed.

A number of Chinese companies are working in Iraq in the Iraqi oil fields, most notably the “CNPC” company, which signed in 2008 a 23-year contract to develop the field, and it is one of the companies accused of tax evasion and offering bribes to Iraqi officials.

With the presence of Chinese companies in Iraq for more than a decade, their work has not been clear on the ground, and there has been no tangible change in the level of services in the country, although they put reconstruction and community assistance programs and development programs in the items of their offers, but this did not get up to this point.

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In pictures.. The Secretariat of the Council of Ministers is following up the progress of the project of model school buildings in Iraq

• Time: 02/06/2022 12:21:44
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• Reading: 416 times

 

 

 

 

  

{Local: Al Furat News} The Department of National Projects and School Buildings, in the General Secretariat of the Council of Ministers, conducted a field visit to Al-Diwaniyah Governorate; To see the progress of work on the construction of model school buildings

The General Secretariat stated in a statement that {Al-Furat News} received a copy of, “This visit comes in response to the directives of the Secretary-General of the Council of Ministers, Hamid Naim Al-Ghazi, regarding the follow-up to the implementation stages of the model school buildings project throughout Iraq, which falls within the framework of the outputs of the Iraqi-Chinese agreement. ". 

The department stated, "The share of Al-Diwaniyah Governorate is (61) schools distributed in all districts and sub-districts of the governorate," noting that "the stages of completion are proceeding at an escalating pace, and that all the received sites are open and continuous work is in accordance with the required technical specifications."

She added, "The logistics of work from the security and technical aspects in the work sites are fully secured by the security services in the governorate and all relevant departments." 

During the tour stops, the representative of the General Secretariat of the Council of Ministers conveyed the greetings of the Secretary-General, Al-Ghazi, to the Iraqi and Chinese staff working in the implementation sites, reminding them that the Secretary attaches great importance to this vital project, which will provide a great service in the education sector, by entering the students into an experience Learning within urban spaces designed with modern, efficient and high-quality urban methods, and urging them to make more efforts to complete the construction of schools according to the time limits specified in the contract clauses.

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In pictures.. Al-Kazemi lays the foundation stone for the first phase of the school buildings project

• Time: 06/18/2022 09:13:23
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• Reading: 1,625 times

 

  

{Local: Al Furat News} Today, Saturday, Prime Minister Mustafa Al-Kazemi laid the foundation stone for the first phase of the school buildings project.

The Media Office of the Prime Minister stated that {Al-Furat News} received a copy of it, that "Al-Kazemi laid the foundation stone for the first phase of the school buildings project, which includes building 1,000 model schools throughout Iraq, within the Iraqi-Chinese agreement." 

[yota691]

Al-Kazemi: The project to build 1,000 schools will include all governorates of Iraq

• Time: 06/18/2022 11:27:18
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• Reading: 1,079 times

  

 

The most important statement of the Prime Minister, Mustafa Al-Kazemi, during the ceremony of laying the foundation stone for the project to build 1,000 model schools throughout Iraq:

🔵 I am happy to be among you and with you in this celebration, and to start laying the foundation stone for the project to build 1,000 schools in all governorates of Iraq.

🔵 This strategic project is important for building society and developing our generations towards building leaders to serve Iraq in the future.

🔵 We must cherish and be proud of the history and legacy of our ancestors, and we must be aware that education and science are essential parts for the advancement of any society, but unfortunately, there has been no interest in education since 2003.

🔵 Today we promise our people to complete this project within the Iraqi-Chinese agreement, which many have previously questioned about the government's lack of seriousness in implementing it.

🔵 Today we lay the foundation stone for the implementation of this agreement, in order to send a message that education is very important in the life of our society and the need of our children...

🔵 Today we embark on God’s blessing with this project, and we must also work to pay attention to education, not only in building schools, but in changing and developing educational curricula, and this is not the responsibility of the government only, but rather the responsibility of the government, the prime minister, the specialized sectors, society and specialists.

🔵 We have to search for these specialists, and support them by contributing to building Iraq.

🔵 This project includes the construction of 1,000 schools, and it will include all governorates of Iraq, and we will follow up on the project and work within the timetable for its implementation.

🔵 I would like to thank those in charge and the Higher Committee for School Construction for this project, who worked day and night to implement it.

🔵 We must make our choices between building the homeland or being lazy, construction needs patience and time, and demolition is easy and can be demolished within a short period.

Today, I announce the launch of this project, and lay the foundation stone for it for the sake of Iraq and the Iraqis.

Media Office of the Prime Minister 
- June 18 - 2022

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Iraq lays the foundation stone for the construction of "a thousand schools" according to the Chinese agreement.. Pictures

 

 2022-06-18 02:18

 

Shafaq News/ Today, Saturday, Iraqi Prime Minister Mustafa Al-Kazemi laid the cornerstone of a school project within the Iraqi-Chinese agreement.   

 

Al-Kazemi's office said, in a brief statement received by Shafaq News Agency, that the latter laid the foundation stone for the first phase of the school buildings project, which includes building 1,000 model schools throughout Iraq, within the Iraqi-Chinese agreement.

 

In mid-December 2021, the Iraqi government announced the signing of 15 contracts with the Chinese side to build 1,000 schools in different parts of the country.

 

On the twenty-eighth of November 2021, the Iraqi military authorities reported a security alert to protect Chinese companies implementing a project to build 1,000 schools across Iraq.

 

The Joint Operations Command said, in a statement issued at the time, that the Deputy Operations Commander, Lieutenant-General Abdul Amir Al-Shammari, met with deputy operations commanders and police commanders about building a thousand schools across Iraq, stressing that all units will be on alert, to protect Chinese companies and remove abuses on overrun lands. .

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Prime Minister Mustafa Al-Kazemi lays the foundation stone for the launch of the project to build 1,000 schools across Iraq
3,176 views Jun 18, 2022