Iraq's PM urges need to boost neglected private sector

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World Bank calls for private sector to lead Iraqi economy

economy

Ultra Iraq

World Bank calls for private sector to lead Iraqi economy (ultrasawt.com)

13-Dec-2022

WORLD BANK PROPOSES SOLUTIONS TO IMPROVE CLIMATE (FACEBOOK)

 

Ultra Iraq - Editorial Team

On Tuesday, December 13, 2022, the World Bank called for the private sector to lead the Iraqi economy, offering a set of solutions to improve the climate reality in Iraq.

The World Bank said in a statement received by the Iraqi News Agency (INA) on Tuesday, that "the World Bank Group launched yesterday the Climate and Development Report on Iraq in cooperation with the Iraqi government in a high-level roundtable meeting held with the Prime Minister in Baghdad and attended by official officials and international partners, in addition to the media."

"The report provides an analytical basis for addressing the country's most pressing development needs, simultaneously addressing climate challenges, examining the cost of the country's transition towards a less carbon-dependent economy, and discussing opportunities and reforms to pursue a greener and greener growth model," he said, noting that "the report provides a matrix of priority and sequential policy recommendations, as well as an agenda for climate action aimed at accelerating green and resilient development." and inclusive in Iraq."

The report stressed "prioritizing investments in green and inclusive growth pathways in ways that reflect their degree of urgency, synergies and trade-offs, financing Iraq's green transition through mobilizing both public and private capital, and strategically deploying public financing instruments to leverage private financing."

"Iraq faces the challenge of moving away from total dependence on oil and shifting towards a more diversified economy led by the private sector and capable of creating jobs and building human capital, along with building resilience to climate change," said Farid Belhaj, World Bank Vice President for the Middle East and North Africa, stressing the need for "climate action in Iraq to be accompanied by an improvement in the conditions of the workforce, and investments in Ras Human capital, and community dialogue to promote efforts to create more jobs and better jobs, and provide more sustainable livelihoods across the country."

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Does the Sudanese seek a "new Iraq" open to the outside?

| Policy Today, 21:42 | 

Does the Sudanese seek a "new Iraq" open to the outside? » Baghdad Today News Agency

    

 

 

Baghdad Today - Follow-up

Since its birth, the government of Mohammed Shia al-Sudani has worked to adopt and adopt a policy of external openness of Iraq towards regional and global countries in order to gain international support for the new government, which was formed after a difficult labor and a political crisis that lasted for more than a year.

In an effort to prove external openness, Prime Minister Mohammed Shia al-Sudani participated in the Arab-Chinese summit held in Saudi Arabia.

The Prime Minister's Information Office said in a statement that "the Sudanese received the Ambassador of the People's Republic of China to Iraq, Cui Wei, and during the meeting they discussed the consolidation and development of bilateral relations between the two countries, in the economic and cultural fields, as well as in the fields of energy and investment."

Principle of balance

According to the statement, "Iraq has adopted the principle of balance in foreign relations, in a way that enhances its stability and achieves the interests of its people and the security of the region," pointing to "the government's desire to expand the horizons of bilateral cooperation with China in various sectors."

For his part, President Abdullatif Jamal Rashid stressed that Iraq's foreign policy is based on mutual respect and the adoption of constructive dialogue to strengthen relations and expand their horizons in accordance with common interests and in the interest of peoples.

However, political researcher Ali al-Baydar believes that al-Sudani is trying to overcome past failures and invest his success in order to strengthen the country's international standing within the regional environment and within the international community as well.

"Iraq's foreign relations have always been built in an illogical way, as countries deal with Iraq with high heels, and the Sudanese want to replace this method according to the principle of good neighborliness, mutual respect and common interests," he said.

Al-Baydar believes that there should be unity in decisions related to the country's foreign policy and that sovereignty should be a red line in the calculations of the political system as a whole. He considered that the best way to develop the country's foreign relations is to stay away from the policy of axes and poles pursued by previous governments and not to antagonize any party in order not to harm the country, especially since the experiences of the modern state are still young and need great support from everyone.

Economic dimensions

Foreign policy has economic dimensions, as the Sudanese is trying to adopt an openness in political relations with an economic and investment dimension to attract investors to the country and move the wheel of the Iraqi economy forward, as Professor of International Economics and Director of the Research Center at Cihan University in Duhok Nawar Al-Saadi says, "The foreign policy positions of any country reflect the strength of that country in the international community and its ability to deal with variables, and in line with its higher interests, so countries need to define strategic frameworks and general concepts of foreign policy philosophy in order to implement those Politics through effective diplomacy in accordance with constitutional and legal constants.

The professor of international economics acknowledged that the key to the country's internal stability, at the political, security and economic levels, is the nature of relations with external parties, both regional and international, which often have policies, positions and interests that cross and contradict each other, and dealing with them requires a great deal of wisdom and rationality, without prejudice to the constants while avoiding the policy of axes, polarization and alignment with one party against another.

"Iraq's post-2003 foreign policy represents one of the problems in the new democratic political system, as this policy has been exposed to determinants that differ from what is customary in other countries to formulate foreign policy, so it relied in the Iraqi case on the vision of the official responsible for implementing public policy, which may be subject to ideological, national or even personal considerations, which made foreign policy lose its compass," al-Saadi said.

Economic Diplomacy

He continued, "As an observer of the Iraqi situation, the post-2003 governments lacked a strong policy of economic diplomacy necessary to improve their international relations, thus improving their local conditions, but we can say that the previous government headed by Al-Kadhimi, although it failed in some or most of the required internal entitlements, but it recorded a clear imprint in the field of foreign policy, and on two levels, the first is the tangible presence in various international forums, and expanding the horizons of relations with multiple regional and international powers, and the second is to surround problems, crises and differences between opposing parties, through Creating the appropriate atmosphere and conditions for constructive dialogues, as happened between Iran and Saudi Arabia, as well as contributing to defusing a number of regional crises, or mitigating them and encircling them at certain borders.

Therefore, according to the director of research at Cihan University, Mohammed al-Sudani was well aware of this and began conducting a series of letters, signals and meetings with Arab and foreign politicians and diplomats from different countries, which included positive trends to achieve more openness in Iraq's relations with its neighbors, regional surroundings and international space in a way that enhances its position, consecrates its sovereignty and expands its interests, as well as making it a meeting point and an arena for understanding and dialogue between the parties.

The key point, according to Saadi, "is the need to invest in the atmosphere of broad regional and international support for the new government in achieving among other things, the most important of which is strengthening and improving the country's economic conditions, and working to address outstanding files and issues. The economy is supposed to be a central pillar in the formulation of Iraq's foreign policies, and the Sudanese government must separate and distinguish as much as possible between economic entitlements and calculations on the one hand, and political normalization projects and agendas, which take the economy as a gateway on the other."

"In order for Iraq to ensure the flow of its regional and international relations, which are in the interest of its economy, it must prepare its cadres who are in the position of dealing with the countries of the world, especially the cadres working in the Ministry of Foreign Affairs and attachés working abroad, and strengthen their economic thought, and to put the Iraqi economy first in their accounts, and to promote a positive image of Iraq because of its great importance in attracting the attention of international investors, and to give a kind of credibility to build a long-term strategic partnership with clear features and goals," he added.

"The opportunity is ripe for the new Iraqi prime minister to consolidate the right paths and correct the wrong paths, not only at the level of internal security, service and financial files, but also at the level of external files, which do not stray in many of their stations and turns from the interior," he concluded.

Source: Independent Arabia

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Iraqi President Reiterates need to Develop Banking System

14th December 2022 in Iraq Banking & Finance News

Iraqi President Reiterates need to Develop Banking System | Iraq Business News (iraq-businessnews.com)

Iraqi President Reiterates the Need to Minimize Routine, Develop Iraq's Banking System

On Tuesday, December 13, 2022, the President of the Republic of Iraq, Abdullatif Jamal Rashid met with a Delegation from International Finance Corporation (IFC) for the Middle East, Pakistan, and Afghanistan, headed by its Regional Director, Aftab Ahmed. The meeting took place at the Baghdad Palace.

Means of promoting investments and service projects in Iraq were discussed during the meeting, with a focus on the need to support the private sector to play its crucial part in helping the public sector to foster economic growth in the country.

Discussing the country's economy, His Excellency President Rashid indicated, that the various cities of Iraq had previously suffered because of negligence, terrorism, and economic deterioration, but nowadays, Iraq has become more peaceful, and politically and economically stable, and its natural and human resources give it the ability to build an advanced, prosperous country.

It is a matter of critical importance to optimize the utilization of the country's wealth, the President stated, hence service projects that meet Iraqi citizens' aspirations and boost the economy, should be created.

President Rashid reiterated that the State institutions should minimise the routines to allow smooth transactions, while relevant regulations and laws should be considered in determining the time and ensuring the successful completion of the transactions. Iraq's financial and banking system needs to be developed in a way that is faster, more accurate, and secure, HE added.

Referring to the mechanism of fostering economic growth in the country, His Excellency emphasised the importance of diversifying sources of national income, and Iraq had more than six thousand factories that have either halted operations or closed since 2003; these factories must be rehabilitated and rebuilt to help alleviate the economy, support the state's budget, and create jobs. The agricultural sector in Iraq suffers from neglect, hence plans must be set in motion to support the sector through the adoption of modern methods of agriculture and irrigation, HE, added.

The Regional Director of the IFC, Aftab Ahmed, stated that the IFC stands ready to fully cooperate with Iraq to foster its economic growth, and it is one of the countries that has priority for it has potential and resources needed for the completion of investment projects and contributing to the country's progress

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prime minister

@mohamedshia

Receives Phone Call from White House Middle East and North Africa Coordinator

@brett_mcgurk

. His Excellency stressed that Iraq is a united, independent and sovereign state, and the priority of his government is to maintain balanced relations and build economic partnerships across the region and the world.

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Sudani receives phone call from White House Middle East coordinator

Sudani receives phone call from White House Middle East coordinator (shafaq.com)

2022-12-17 12:47

 

 

Iraqi Prime Minister Mohammed Shia al-Sudani received on Saturday a phone call from the White House Coordinator for the Middle East and North Africa, Brett McGurk.

According to a statement by the Prime Minister's Information Office and reported to Shafaq News, McGurk congratulated the Prime Minister on taking office, stressing the continued support of the United States for Iraq's stability, security and sovereignty, and President Biden's desire to strengthen strategic bilateral relations.

 

According to the statement, the Prime Minister stressed that Iraq is a united, independent and sovereign state, and the priority of his government is to maintain balanced relations and build economic partnerships across the region and the world.

The call witnessed an agreement between the two sides on the importance of continuing efforts to ensure the enduring defeat of ISIS and support Iraq's regional role in building bridges between the countries of the region.

The statement quoted the Prime Minister as his intention to send a delegation headed by the Minister of Foreign Affairs to Washington to promote the common interests of the two countries under the Strategic Framework Agreement. This will include discussing energy investment in Iraq and combating the effects of climate change.

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1. Al-Sudani plans to send a delegation to Washington with 3 main files - Al-Furat News (alforatnews.iq)

 

Al-Sudani plans to send a delegation to Washington with 3 main files

•  Time : 2022/12/17 22:44:19
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•  Reading : 260 times

  

Prime Minister Mohammed Shia al-Sudani received a phone call Saturday evening from White House Middle East and North Africa Coordinator Brett McGurk.

 

According to the government statement, Al-Furat News received a copy of it: "McGurk congratulated the Prime Minister on taking office, stressing the continued support of the United States for the stability, security and sovereignty of Iraq, and President Biden's desire to strengthen strategic bilateral relations."

During the call, Al-Sudani stressed that "Iraq is a united, independent and sovereign state, and the priority of his government is to maintain balanced relations and build economic partnerships across the region and the world."

"The call witnessed an agreement between the two sides on the importance of continuing efforts to ensure the enduring defeat of ISIS, and to support Iraq's regional role in building bridges between the countries of the region," the statement said.

Al-Sudani affirmed his intention to send a delegation headed by the Foreign Minister to Washington to promote the common interests of the two countries under the Strategic Framework Agreement. This will include discussing energy investment in Iraq and combating the effects of climate change."

 

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Sudani  The financial situation is at its best and the reserves of the Central Bank rose to / 96 / billion dollars

Monday 19, December 2022 21:58 |EconomicalViews: 41

Sudani: The financial situation is at its best and the reserves of the Central Bank rose to / 96 / billion dollars (ninanews-com.translate.goog)

Baghdad /Nina/ Prime Minister Mohammed Shia Sudanese that the financial situation is at its best and the reserves of the Central Bank rose to / 96 / billion dollars. Al-Sudani said at a press conference: "The Central Bank has taken measures related to the diversification of foreign remittances to cover imports, adding that the Central Bank has opened outlets for selling dollars and implementing transfers through government refineries."

He said reassure everyone that the government has control over the prices of food and secure the items of the ration card./End2

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Prime Minister

@mohamedshia

And leaders and representatives of brotherly and friendly countries participating in the Baghdad Summit / 2 for Cooperation and Partnership held in Jordan on December 20, 2022.

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The final statement of the Baghdad Conference for Cooperation and Partnership in its second session

Posted 6 seconds ago

 

The final statement of the Baghdad Conference for Cooperation and Partnership in its second session (iraqakhbar-com.translate.goog)

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Baghdad today - Baghdad

At the end of the work of the Baghdad Conference for Cooperation and Partnership, in its second session, which Jordan hosted in the Dead Sea region, today, Tuesday, a statement was issued that focused on supporting Iraq's efforts to achieve comprehensive development, and work to build economic integration and cooperation with it in many sectors.

"In light of the decision of the Baghdad Conference, which met on the twenty-eighth of August 2021, and at the invitation of King Abdullah II Ibn Al-Hussein, and after coordination with President Emmanuel Macron, President of the French Republic, and His Excellency Mohammed Shia Al-Sudani, Prime Minister of the Republic of Iraq, the Hashemite Kingdom of Jordan hosted the Second Baghdad Conference for Cooperation and Partnership in the Dead Sea Region on the twentieth of December 2022," the text of the statement received by (Baghdad Today) said.

According to the statement, the participants in the conference expressed their "thanks to the Hashemite Kingdom of Jordan for hosting the conference and its good organization. Jordan and Iraq also appreciated the coordinating role of the French Republic in launching the Baghdad Conference and its participation in it." its two sessions.

The participants stressed "the continuation of work to build on the outcomes of the first session of the Baghdad Conference and to continue cooperation with Iraq in support of its security, stability, sovereignty, democratic process, constitutional process and efforts to devote dialogue as a way." to resolve regional differences. They also affirmed their support for Iraq in the face of all challenges, including the challenge of terrorism, over which Iraq has achieved a historic victory through great sacrifices and international and regional cooperation. The participants reiterated their condemnation of extremism and terrorism in all its forms.”

The participants renewed their support for Iraq in its efforts to consolidate the rule of the constitution and law, strengthen governance and build institutions capable of continuing progress and reconstruction, protecting its capabilities and meeting the aspirations of its people.

The participants stressed their support for Iraq's efforts to achieve comprehensive and work to build economic integration and cooperation with it in many sectors, including energy, water, electrical interconnection, food and health security, transportation, infrastructure development projects and climate protection.

In this context, they stressed the importance of the tripartite cooperation mechanism between Jordan, Egypt and Iraq and the economic projects agreed upon in its context, including electrical interconnection projects between them. They also stressed the importance of cooperation projects between the GCC countries and Iraq, especially in the fields of electrical interconnection, transport, and other regional projects that contribute to achieving economic integration and development, and building bridges with global markets, which will reflect positively on the entire region.

They stressed that "the holding of this conference in its second session reflects the keenness to support Iraq's central role in expanding regional economic cooperation, building bridges and promoting regional dialogue, which contributes to efforts to end tensions and build constructive regional relations that achieve mutual benefit." The participants stressed that achieving economic development and the success of regional cooperation projects require constructive regional relations based on the principles of good neighborliness, non-interference in internal affairs, respect for international law, the adoption of dialogue as a way to resolve differences, and cooperation in consolidating security and stability, combating terrorism and achieving prosperity.

The participants reviewed "the repercussions of regional and international crises on Iraq and the region, and stressed that overcoming them requires comprehensive regional cooperation, serious and effective economic and political approaches and treatments that reflect common interests, support the development process in Iraq and contribute to the regional development process.”

The participants emphasized the importance of holding the third session of the conference, which was launched by an Iraqi-French organization and in which the Hashemite Kingdom of Jordan, the United Arab Emirates, the Islamic Republic of Iran, the Kingdom of Bahrain, the Republic of Turkey, the Kingdom of Saudi Arabia, the Sultanate of Oman, the State of Qatar, the State of Kuwait, and the Arab Republic of Egypt participate. , the League of Arab States, the Organization of Islamic Cooperation, the Cooperation Council for the Arab States of the Gulf, the United Nations and the European Union. They agreed to hold the third session of the next general conference, and to determine its venue and date, in consultation between them.

According to the statement, the Hashemite Kingdom of Jordan expressed its appreciation for the active participation of leaders and representatives of countries and regional and international organizations participating in the Baghdad Conference, and its clear keenness to enhance cooperation in light of the challenges that have made systematic joint action a more urgent necessity imposed by common interests, and a viable way to achieve the aspirations of peoples in Building a better future in which security, stability, prosperity and prosperity prevail.

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Saudi Foreign Minister: We will spare no effort to support Iraq's economic and development march

 

 

Saudi Foreign Minister: We will spare no effort to support Iraq's economic and development march (economy-news.net)

 

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Economy News - Baghdad

Saudi Foreign Minister Faisal bin Farhan said that his country stands by Iraq to "restore its historical position," expressing "his country's desire to continue the march of cooperation with Iraq."

He added in his speech during the second Baghdad Conference for Cooperation and Partnership, which was held in the Jordanian capital Amman, that "Saudi Arabia intends to move forward to work to open new horizons with Iraq and support the activation of electrical interconnection projects with Iraq."

Ibn Farhan pointed out that "his country will spare no effort to support Iraq's economic and development process."
 

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Update 2022/12/20 - 6:30 PM

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Al-Sudani at the "Baghdad Conference": We are working hard to improve the investment environment in Iraq

 

 

Al-Eqtisad News Agency - Sudanese at the "Baghdad Conference": We are working hard to improve the investment environment in Iraq (economy-news.net)

   

 

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Economy News - Baghdad

Prime Minister Mohammed Shia al-Sudani said on Tuesday that the idea of establishing the Baghdad conference stems from Iraq's desire to establish and strengthen the rules of cooperation and partnership with neighboring and friendly countries.

Al-Sudani said in his speech during the second Baghdad Conference for Cooperation and Partnership, which was held in the Jordanian capital Amman, that "the idea of establishing the Baghdad Conference stems from Iraq's desire to establish and strengthen the rules of cooperation and partnership between it and neighboring geographical and regional countries, in addition to friendly countries," pointing out that "the government adopts an open approach aimed at building regional and international partnerships based on common interests, including the establishment of integrated strategic projects to link Iraq with its regional environment."

He continued: "We believe that the priority now lies in strengthening the bonds of cooperation and partnership between our countries through interdependence in infrastructure, economic integration and mutual investments that enhance the bonds of brotherhood and friendship between our countries and peoples, and we seek to work together to transform into industrialized countries, through the establishment of joint industrial zones that enhance our joint industrial capacity, and link the value added chains of each of us, within an integrated chain capable of competing in global markets, and launching mega projects in various sectors.

He explained: "It is necessary to focus on the services sector and develop it and consider it one of the most important engines of the economy in our countries and region, in addition to addressing the problem of unemployment through the development of the productive private sector, improving working conditions in it, and providing guarantees for workers," noting that "at the internal level, we have put the fight against financial and administrative corruption at the heart of our priorities, and we have practically started the anti-corruption campaign, starting from the highest levels, and we ask brotherly and friendly countries to help us recover Iraq's looted and smuggled funds and hand over those who take of these countries are their place of residence."

He pointed out that "the government is working hard to improve the investment environment in Iraq, in terms of legislation, procedures and guarantees, to enable investors to enter our markets and take advantage of the great opportunities in them," noting that "the appropriate investment environment needs to establish security, and we have achieved security stability in Iraq after the great victories over the remnants of terrorism and takfiri groups."

"Iraq faces an existential threat due to water scarcity, and we are determined to work hard with our neighbors in the Republic of Turkey and the Islamic Republic of Iran to ensure our water security, and to find the best ways to jointly manage transboundary water resources, and to reach our water share in accordance with international agreements and laws, and in parallel we have begun to take practical steps to promote the use of modern irrigation systems and stop water waste in storage and agriculture.

He added: "We consider environmental pollution - in the air, water and soil - one of the most important risks to the future of our people, especially in the southern regions, and we have begun serious work to address the burning of associated gas in the oil fields and we call on international companies to invest in this field in order to transform the use of this important source of energy for electricity generation, in order to achieve self-sufficiency in the use of gas to generate electricity in the medium term, and to reduce greenhouse gas emissions and global warming."

 

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Added 2022/12/20 - 4:14 PM

Update 2022/12/20 - 6:30 PM

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Saudi Arabia confirms its "total" rejection of any aggression on Iraqi soil

| Policy Today, 15:41 | 

Saudi Arabia confirms its "total" rejection of any aggression on the territory of Iraq » Baghdad Today News Agency

    

 

 

Baghdad Today - Baghdad

Saudi Foreign Minister Faisal bin Farhan bin Abdullah said on Tuesday his country's total rejection of any aggression on Iraqi soil.

Bin Abdullah said, in his speech during the second Baghdad summit in Jordan, which was followed by (Baghdad Today), that "Riyadh supports the efforts of the Sudanese in facing the challenges," stressing "Saudi Arabia's desire to continue the march of cooperation with Iraq."
He added: "We intend to move forward to work to open new horizons with Iraq," noting that "we will spare no effort to support Iraq's economic and development process."
He added that "the Kingdom affirms its total rejection of any aggression on any inch of the territory of Iraq," expressing "his country's welcome to the restoration of Iraq's regional and international role."

 

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The full text of the Sudanese speech at the second Baghdad conference in the Jordanian capital » Baghdad Today News Agency

The full text of Al-Sudani's speech at the Second Baghdad Conference in the Jordanian capital

| Policy Today, 15:30 | 

    

 

 

 

Baghdad Today - Baghdad

Prime Minister Mohammed Shia Al-Sudani called on Tuesday the countries participating in the second Baghdad summit in the Jordanian capital Amman to cooperate with Iraq on the recovery of its smuggled funds, while stressing work to develop solutions on the water crisis with Turkey and Iran.

This is the text of the most important statement of Prime Minister Mohammed Shia al-Sudani during the second Baghdad Conference:


- We meet today in Amman and we hope to move towards strengthening the process of relations between our countries in various fields and developing their pace in a way that contributes to establishing the foundations of stability and development in the region, and opens the way for dialogue and discussion to exchange views and deepen concepts.

The idea of establishing the Baghdad Conference stems from Iraq's desire to establish and strengthen the rules of cooperation and partnership between Iraq and its neighbouring geographical and regional States, as well as friendly States.

- Our government adopts an open approach aimed at building regional and international partnerships based on common interests, including the establishment of complementary strategic projects to link Iraq with its regional environment.

We believe that the priority now lies in strengthening the bonds of cooperation and partnership among our States through interdependence in infrastructure, economic integration and mutual investments that strengthen the bonds of brotherhood and friendship between our States and peoples.

- We seek to work together to transform into industrialized countries by establishing joint industrial zones that enhance our joint industrial capacity and link our respective value chains within an integrated chain capable of competing in global markets, and launching mega projects in various sectors.

- It is necessary to focus on and develop the service sector and consider it one of the most important engines of the economy in our countries and region. In addition to addressing the problem of unemployment through the development of the productive private sector, improving working conditions in it, and providing guarantees for workers.

At the domestic level, we have placed the fight against financial and administrative corruption at the heart of our priorities, and we have practically started the anti-corruption campaign, starting at the highest levels.

- Our Government is working hard to improve the investment environment in Iraq, in terms of legislation, procedures and guarantees, to enable investors to enter our markets and take advantage of the great opportunities in them.

We have achieved security stability in Iraq after the great victories over the remnants of terrorism and takfiri groups.

- We must all continue to work together to combat extremist ideology in all its forms, and to develop real mechanisms and programs to expose the malicious intentions of terrorists who recruit young people with their destructive ideas.

Iraq faces an existential threat due to water scarcity, and we are determined to work hard with our neighbors in the Republic of Turkey and the Islamic Republic of Iran to ensure our water security, and to find the best ways to jointly manage transboundary water resources, and to reach our water share in accordance with international agreements and laws.

- In parallel, we have begun to take practical steps to promote the use of modern irrigation systems and stop water waste in storage and agriculture.

We consider environmental pollution – in the air, water and soil – one of the most important risks to the future of our people, especially in the southern regions, and we have begun serious work to address the associated gas flaring in the oil fields.

We call on international companies to invest in this field in order to transform the use of this important source of energy for electricity generation, in order to achieve self-sufficiency in the use of gas for electricity generation in the medium term, and to reduce greenhouse gas emissions and global warming.

- Iraq is committed to building balanced cooperation relations with all regional and international partners, and it distances itself from the alignments of axes and the atmosphere of escalation, and seeks a policy of calm and reducing tensions, while at the same time refusing to interfere in its internal affairs and infringe on its sovereignty or aggression against its territory.

We do not allow the use of this principle against Iraq, nor do we accept any threat emanating from Iraq against any neighbouring State or the region.

- It is our duty to adopt dialogue and understanding to solve our problems, and to build on what unites us to open horizons towards establishing comprehensive regional partnerships, maximizing dependency among our countries, and establishing stability and prosperity in the region.

- Iraq seeks to be a sponsor of communication and dialogue as a basic way to resolve differences, with a view to calming the atmosphere and bringing the views of the parties closer together, and has strengthened its diplomatic efforts to defuse crises in the region.
 

 

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Kuwait considers the electricity interconnection agreement with Iraq an example to restore its role and importance

| Policy Today, 15:34 | 

Kuwait considers the electrical interconnection agreement with Iraq an example to restore its role and importance » Baghdad Today News Agency

    

 

 

Baghdad Today - Amman

Kuwaiti Prime Minister Ahmed Nawaf Al-Ahmad Al-Sabah on Tuesday considered the electrical interconnection agreement with Iraq an example to restore its role and importance.

Al-Sabah said in a speech during the second Baghdad summit followed by (Baghdad Today) that "the international community is interested in the stability of Iraq," noting that "the Arab countries are aware of the status and importance of Iraq."

و️He added that "the electrical interconnection agreement with Iraq is an example of seeking to restore its role and importance," stressing "his country's endeavor to support Iraq in all fields and the security of the two countries is indivisible."

Al-Sabah continued by saying, "We seek to support Iraq in all fields and the security of the two countries is indivisible," noting that "the visit of Prime Minister Mohammed Shia Al

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Plasschaert: We support the Sudanese in putting Iraq as a theater for dialogue

Plasschaert: We support the Sudanese in putting Iraq as a stage for dialogue | | Policy Dijlah Satellite Channel

 

 

UN Representative Jeanine Plasschaert confirmed on Tuesday the support of Prime Minister Mohammed Shia al-Sudani in putting Iraq as a stage for dialogue.

Plasschaert said in a speech at the second Baghdad conference that "many challenges do not know borders, natural resources, epidemics, corruption, climate, insecurity, energy and nutrition," noting that "these challenges need to be supported among us."

She added that "today's attendance at the Baghdad conference reflects the extent of Iraq's relationship with neighboring countries,"

and continued: "We support Prime Minister Mohammed Shia al-Sudani in putting Iraq as a theater for dialogue."

 

 

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EU envoy: Iraq should be a bridge between the countries of the region

EU envoy: Iraq should be a bridge between the countries of the region | | Policy Dijlah Satellite Channel

 

 

 

European Union foreign policy chief Josep Borrell said on Tuesday that the new Iraqi government headed by Mohammed Shia al-Sudani has put an end to the turbulent period, and the Union supports its efforts to establish reforms that Iraqis aspire to.

Borrell said in his speech during the second Baghdad Conference for Cooperation and Partnership, which was held in the Jordanian capital Amman, that "the Sudanese government has put an end to the turbulent period," stressing "the European Union's support for the Sudanese government in establishing reforms that Iraqis aspire to."

"The European Union supports the efforts of the Iraqi government in establishing dialogue in the region, and is committed to supporting a strong and democratic Iraq, and Iraq's territorial integrity and sovereignty should be respected," he added.

He pointed to "the European Union's support for efforts to end the al-Hol camp crisis and the role of the Iraqi government in achieving this."

 

 

 

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Sudani: Attempts to smuggle dollars out of Iraq through "refrigerators and oil" bills

economy

Ultra Iraq

Sudani: Attempts to smuggle dollars out of Iraq through "refrigerators and oil" bills (ultrasawt.com)

19-Dec-2022

 

 

Ultra Iraq - Editorial Team

Prime Minister Mohamed Shia al-Sudani confirmed on Monday that the government has taken a number of measures to control dollar exchange rates, including directives to the Central Bank.

Al-Sudani said in the weekly press conference, "Recently witnessed a clear increase in the prices of the dollar against the dinar in the local markets and foreign remittances, due to several factors, including the bank's direct operation of the electronic platform through which banks raise requests to increase their customers to the bank," noting that "the Central Bank is the concerned body for monetary policy in the country."

Al-Sudani added that "the Central Bank began building this platform months ago in coordination with international bodies for the purpose of tightening and regulating the window of buying and selling foreign currency, and ensuring the effectiveness of control over it," noting that "there is always talk, regarding the window of selling currency, about the need to scrutinize the sale and verification processes, and whether these remittances really go to imported goods at real prices."

"It is quite clear that this mechanism does not exist. There are fake companies and there are exaggerated prices, so these transfers were rejected by intermediary banks," he said, explaining that "some of the transfers that were rejected indicate their purchase documents to import a refrigerator at a price of $ 4,800, and a liter of oil at a price of $ 25."

The prime minister stressed that "this inflation of prices aims to get the dollar out of Iraq," stressing that "the government is monitoring the bank's policy in this direction and in a way that ensures the stability of the market, especially with regard to foodstuffs."

Al-Sudani also stressed that "the government asked the Central Bank to take quick steps to compensate for the shortage in the dollar currency in the markets, by facilitating its provision to travelers and students who want to transfer," pointing out that "the Board of Directors of the Central Bank has taken several decisions, including an encouraging decision to reduce the price of the dollar against the dinar for importers to cover the opening of documentary credits from 1455 dinars instead of 1460."

He pointed out that "the bank has taken measures related to the diversification of foreign remittances, credits and transfers in a basket of foreign currencies in addition to the dollar to cover imports, and will be announced in due course," stressing that "the bank decided to reduce the exchange rate of the dollar for electronic payment cards from 1470 dinars to the dollar to 1455."

"The central bank has taken an important decision to open outlets for selling dollars and carrying out commercial transfers to importers through government banks, and this is in the matter of controlling prices," al-Sudani said.

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Al-Ameri and the President of the Republic stress the importance of continuing to support the government and chasing the remnants of terrorism

•  Time : 2022/12/20 19:16:08
•  
• Al-Ameri and the President of the Republic stress the importance of continuing to support the government and chase the remnants of terrorism - Al-Furat News (alforatnews.iq)

  

{Politics: Euphrates News} The head of the Conquest Alliance, Hadi Al-Amiri, discussed on Tuesday with President Abdul Latif Jamal Rashid the general situation in the country.

 

A statement by his office, a copy of which was received by Al-Furat News, said: "It was stressed to continue supporting the government in implementing its anti-corruption program, providing the best services to citizens, and legislating laws that contribute to moving the private sector and attracting investors to implement service projects."

"The two sides also reviewed in Amiri's office the recent security breaches that killed a group of martyrs from the heroes of the security forces and civilians in the provinces of Kirkuk and Diyala," the statement added, stressing "the need for vigilance and caution and to continue the momentum of pre-emptive operations to hunt down the remnants of terrorism and eradicate its roots."

 

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The most important things that came in the speech of the Prime Minister, Mr. Mohammed Shia Al-Sudani, during the Second Baghdad Conference for Cooperation and Partnership, which was held in the Jordanian capital, Amman:

 

 December 20, 2022 - 3:35 pm

 

• We meet today in Amman and we hope to move towards strengthening the process of relations between our countries in various fields, and developing their pace in a way that contributes to establishing the foundations of stability and development in the region, and opens the way for dialogue and discussion to exchange views and deepen concepts.

 

• The idea of establishing the Baghdad Conference stems from Iraq's desire to establish and strengthen the rules of cooperation and partnership between Iraq and its neighbouring geographical and regional countries, as well as friendly countries.

 

• Our government adopts an open approach aimed at building regional and international partnerships based on common interests, including the establishment of integrated strategic projects to link Iraq with its regional environment.

 

• We believe that the priority now lies in strengthening the bonds of cooperation and partnership between our countries through interdependence in infrastructure, economic integration and mutual investments that strengthen the bonds of brotherhood and friendship between our countries and peoples.

 

• We seek to work together to transform into industrialized countries by establishing joint industrial zones that enhance our joint industrial capacity and link our respective value chains within an integrated chain capable of competing in global markets, and launching mega projects in various sectors.

 

• It is necessary to focus on and develop the service sector and consider it one of the most important engines of the economy in our countries and region. In addition to addressing the problem of unemployment through the development of the productive private sector, improving working conditions in it, and providing guarantees for workers.

 

• At the domestic level, we have placed the fight against financial and administrative corruption at the heart of our priorities, and we have practically started the anti-corruption campaign, starting at the highest levels, and we ask brotherly and friendly countries to help us recover Iraq's looted and smuggled funds and extradite wanted persons who are based in these countries of residence.

 

• Our government is working hard to improve the investment environment in Iraq, in terms of legislation, procedures and guarantees, to enable investors to enter our markets and take advantage of the great opportunities in them.

 

• We have achieved security stability in Iraq after the great victories over the remnants of terrorism and takfiri groups, and I cannot fail here to pay tribute to the pure blood and sacrifices made by our armed forces in self-defence, the region and the world.

 

• We must all continue to work together to combat extremist ideology in all its forms, and to develop real mechanisms and programs to expose the malicious intentions of terrorists who recruit young people with their destructive ideas.

 

• Iraq faces an existential threat due to water scarcity, and we are determined to work hard with our neighbors in the Republic of Turkey and the Islamic Republic of Iran to ensure our water security, and to find the best ways to jointly manage transboundary water resources, and to reach our water share in accordance with international agreements and laws.

 

• In parallel, we have begun to take practical steps to promote the use of modern irrigation systems and stop water waste in storage and agriculture.

 

• We consider environmental pollution – in the air, water and soil – one of the most important risks to the future of our people, especially in the southern regions, and we have begun serious work to address the associated gas flaring in the oil fields.

 

• We call on international companies to invest in this field in order to transform the use of this important source of energy for electricity generation, in order to achieve self-sufficiency in the use of gas for electricity generation in the medium term, and to reduce greenhouse gas emissions and global warming.

 

• Iraq is committed to building balanced cooperation relations with all regional and international partners, and it distances itself from the alignments of axes and the atmosphere of escalation, and seeks a policy of calm and reducing tensions, while at the same time rejecting interference in its internal affairs, infringement of its sovereignty or aggression on its territory.

 

• The principle of force cannot be adopted in efforts to resolve disagreement or disagreement; we do not allow this principle to be used against Iraq, nor do we accept any threat emanating from Iraq against any of the neighbouring countries or the region.

 

• It is our duty to adopt dialogue and understanding to solve our problems, and to build on what unites us to open horizons towards establishing comprehensive regional partnerships, maximizing dependency among our countries, and establishing stability and prosperity in the region.

 

• Iraq seeks to be a sponsor of communication and dialogue, as a basic way to resolve differences, with the aim of calming the atmosphere and bringing the views of the parties closer together, and has strengthened its diplomatic efforts to defuse crises in the region.

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Al-Sudani meets Borrell and receives an invitation to visit the headquarters of the European Union / Enlarged

Tuesday 20, December 2022 21:27 | politicalNumber of readings: 102Al-Sudani meets Borrell and receives an invitation to visit the headquarters of the European Union / Enlarged (ninanews-com.translate.goog)

Baghdad / NINA / - Prime Minister, Muhammad Shia'a Al-Sudani, met today, Tuesday evening, with the High Representative for Foreign Affairs of the European Union, Josep Borrell, on the sidelines of participation in the second Baghdad Conference for Cooperation and Partnership hosted by Jordan.

The two sides broadcast, according to a statement by the media office of the Prime Minister, the bilateral relations between Iraq and all European Union countries, and ways to enhance partnership and exchange on the economic and security levels and other areas of common interest and interest.

Al-Sudani affirmed that Iraq attaches importance to balance in its foreign relations, and the direction towards international action to strengthen the security and stability of the region, in addition to joint efforts in the field of combating terrorism and extremism, and facing economic challenges.

For his part, Borrell affirmed the European Union's support for the stability of Iraq and the strengthening of cooperation at various levels.

Borrell invited Al-Sudani to visit the European Union headquarters in Brussels, in order to discuss more files of common interest, and to consolidate partnership relations between Iraq and the EU countries.

Al-Sudani confirmed that it would be met as soon as possible./ End 8
 

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