Douglas Silliman reveals the secrets of the Iraqi delegation's visit to Washington and makes recommendations regarding the dollar

[NMP2017]

13 hours ago, BETTYBOOP said:

So.... "we can't control our own exchange rate or or criminal politicians, so let just blame American "

Yep you hit the nail on the head! NOTHING is EVER their fault! "Our leaders live in opulence and we live in poverty...IT'S AMERICA'S FAULT!"

[yota691]

What about the exchange rate?

The US-Iraqi Coordination Committee issues a joint statement following the meeting of the two delegations

2023.02.15 - 23:57

 

Baghdad - Nas   

The US-Iraqi Higher Coordination Committee on the Strategic Framework Agreement issued a joint statement after the Iraqi and US delegations met in Washington.  

  

  

The joint statement, which the Iraqi News Agency (INA) obtained a copy of, stated that "the Iraqi and American delegations held a meeting of the Supreme Coordination Committee in accordance with the strategic framework agreement," noting that "the two delegations renewed their determination to deepen the strategic relationship between the two countries."  

  

He added, "The meeting focused on economic cooperation, energy sector development and climate change," noting that "the two sides discussed the challenges facing the Iraqi economy, including the parallel exchange rate markets."  

  

He pointed out that "the United States welcomed the efforts of the Iraqi government to enact economic reforms," stressing that "the American delegation renewed its support for Iraq's continuous efforts to protect the banking system."  

  

And between, "the two sides affirmed the determination to continue working together to modernize the financial system in Iraq," noting that "the two delegations confirmed the convergence of views that seek an ambitious agenda for energy independence."  

  

He pointed out that "the two delegations expressed their agreement that Iraq has a historic opportunity to invest in energy infrastructure initiatives," stressing that "the two sides decided to accelerate efforts to capture the flared gas."  

  

He explained, "The American delegation praised Iraq's commitment to regional electrical interconnection projects," noting that "Iraq will soon publish a comprehensive government strategy to confront climate change."  

  

He stressed that "the discussions emphasized the importance of the need for ambitious projects related to solar energy farms," noting that "the two sides discussed the water crisis in Iraq."  

  

He continued, "The United States expressed its intention to provide technical assistance to improve water management practices in Iraq, and welcomed the positive developments in relations between the Iraqi federal government and the regional government," noting that "the United States confirmed that the American private sector is the best in the field of technology."  

  

He pointed out that "the American delegation announced that the US embassy in Baghdad has gradually begun to provide services for granting visas to non-immigrants," explaining that "the United States and Iraq are planning to hold meetings of joint coordination committees under the strategic framework agreement."  

  

Below is the text of the joint statement:  

  

The Iraqi Deputy Prime Minister and Minister of Foreign Affairs, Dr. Fuad Hussein, headed the delegation of the Republic of Iraq, and US Secretary of State Anthony J. Blinken, the delegation of the United States, held a meeting of the Higher Coordination Committee, in accordance with the 2008 Strategic Framework Agreement for the relationship of friendship and cooperation between the United States of America and the Republic of Iraq. The two delegations renewed their determination to deepen the strategic relationship between the two countries across a full range of bilateral issues for the sake of the national interests of both countries, and their common interests in regional stability.  

  

This meeting is the first meeting of the Supreme Coordination Committee focusing on economic cooperation, energy sector development, and climate change, which is a sign of a mature strategic partnership under the Strategic Framework Agreement. The Iraqi delegation included high-level representatives from the House of Representatives, the Central Bank, the Ministry of Foreign Affairs, and the Ministry of Foreign Affairs. Oil, the Ministry of Planning, the Ministry of Finance, the Ministry of Electricity, the Prime Minister's Office, Iraq's Climate Envoy, and the Kurdistan Regional Government.  

  

In addition to the US State Department, the US delegation included the President of the US Agency for International Development, Ms. Samantha Power, the Special Presidential Envoy for Climate Change, Mr. John Kerry, Deputy Secretary of the Treasury Wally Adeyo, the Special Presidential Coordinator for Global Energy and Infrastructure Amos Ho-Schstein, and the Coordinator for Global Anti-Corruption Richard Nephew, and National Security Council Coordinator for the Middle East Brett McGurk, and senior officials from the Department of State, Treasury, Energy, and Commerce.  

  

The two sides discussed the challenges facing the Iraqi economy, including the parallel exchange rate markets. The United States welcomed the Iraqi government's efforts to enact economic reforms, as well as reforms in the field of monetary policy, modernizing the banking and financial sector, combating corruption, and preventing manipulation of the financial system—measures that would help enhance Iraq's economic prospects, including strengthening financial and financial markets. Exchange.  

  

The US delegation renewed its support for Iraq's continuous efforts to build technical capabilities and implement international standards to protect the banking system from financial crimes, money laundering and terrorist financing.  

  

The two sides also affirmed their determination to continue working together to modernize the financial system in Iraq in order to improve the conditions of the Iraqi people. The US and Iraqi delegations confirmed the convergence of views that pursuing an ambitious agenda for energy independence is essential to maximizing Iraq's economic prosperity and protecting its sovereignty.  

  

The two delegations expressed their agreement that Iraq has a historic opportunity to invest in energy infrastructure initiatives designed to improve electricity services for the Iraqi people, secure energy self-sufficiency for Iraq, and mitigate environmental damage to both the global climate and Iraqi public health. To this end, the two sides decided to accelerate efforts to capture the flared gas, Modernizing the natural gas distribution infrastructure, reducing methane leakage, regional connectivity to the Iraqi electricity grid, modernizing the electricity infrastructure in Iraq, and exploring renewable energy opportunities.  

  

The American delegation praised Iraq's commitment to regional electrical interconnection projects with Jordan and Saudi Arabia, and the GCC Interconnection Authority. The two countries stressed the importance of combating climate change and adapting to it, and the Iraqi delegation said that Iraq will soon publish a comprehensive government strategy to confront climate change.  

  

The two sides also affirmed their commitment to accelerating the implementation of flared gas capture projects to achieve the disposal of traditional gas burning by 2030, to achieve the global pledge on methane, and the United States reviewed its plan to expand climate change programs in Iraq, after it provided Iraq with more than $ 1.2 billion in development aid over the past five years. The discussions also emphasized the need for ambitious solar farm projects, and the establishment of a regulatory framework to attract investment in renewable energy.  

  

The two sides also discussed the water crisis in Iraq, and the United States expressed its intention to continue its technical assistance to improve water management practices in Iraq. The United States called on Iraq to nominate experts in water management to participate in exchange programs with US leaders in this field, and the two delegations stressed the importance of benefiting from modern technologies in groundwater management and irrigation efficiency. The United States welcomed the positive developments in relations between the Iraqi federal government and the Kurdistan Regional Government and the ongoing negotiations regarding the 2023 federal budget and hydrocarbons law.  

  

The United States assured the Iraqi delegation that the American private sector is the best in the field of technology and its unique ability to meet the energy challenges in Iraq. The Iraqi-American Business Council at the American Chamber of Commerce also hosted a round table for the Iraqi delegation with 40 American companies and industry leaders who are experts in the field of gas capture, modernization of electricity infrastructure, and renewable energy sources. After this event, the Chamber of Commerce announced that it would lead two US trade missions to Iraq in June to explore investment opportunities. In addition, the two delegations indicated the intention of the Office of the United States Trade Representative and the Iraqi Ministry of Trade to begin planning for the meeting of the Trade and Investment Framework Agreement Council in 2023. This agreement between the United States and Iraq serves as a forum for resolving trade obstacles, and promoting investment and bilateral trade opportunities between the two countries. .  

  

 The United States and Iraq confirmed that they plan to hold meetings of the Joint Coordination Committees under the Strategic Framework Agreement, and additional meetings of the Higher Coordination Committee, to follow up on investments in the field of energy, economy, and climate-related discussions held during the meetings of this Higher Coordination Committee. The American and Iraqi delegations affirmed their determination to strengthen the strategic relationship between the two countries.  

[yota691]

Washington: We welcome the positive progress in relations between Erbil and Baghdad

2023.02.16 - 08:31

 

Baghdad - people  

The US State Department welcomed the progress in relations between Erbil and Baghdad, describing it as a "positive development."  

  

 

  

"The United States welcomed the positive developments in relations between the Iraqi federal government and the Kurdistan Regional Government and the ongoing negotiations on the 2023 federal budget and the oil and gas law," said a joint statement of the US-Iraqi Higher Coordination Committee on the strategic framework agreement, a copy of which "NAS" received.  

[yota691]

Meeting of the Iraqi-American Coordination Committee.. What about the exchange rate and combating money laundering?

2023.02.16 - 08:46

 

Baghdad - people  

The Iraqi-American Coordination Committee on the strategic framework agreement discussed the challenges facing the Iraqi economy, while the American side renewed its support for efforts to protect the Iraqi banking system.  

  

  

  

And a joint statement by the committee, which “NAS” received a copy of, stated that “the two sides discussed the challenges facing the Iraqi economy, including the parallel exchange rate markets, and the United States welcomed the efforts of the Iraqi government to enact economic reforms, as well as reforms in the field of monetary policy, and modernizing the sector.” Banking and financial, combating corruption, and preventing manipulation of the financial system - actions that will help enhance Iraq's economic prospects, including strengthening financial and exchange markets.  

  

The statement added, "The American delegation renewed its support for Iraq's continuous efforts to build technical capabilities and implement international standards to protect the banking system from financial crimes, money laundering, and terrorist financing."  

  

The two sides also affirmed, according to the statement, "the determination to continue working together to modernize the financial system in Iraq in order to improve the conditions of the Iraqi people."  

  

And the statement continued, "The American and Iraqi delegations affirmed the convergence of views that pursuing an ambitious agenda for energy independence is necessary to achieve maximum economic prosperity for Iraq and protect its sovereignty."  

[yota691]

Iraqi-American meetings to invest in associated gas and produce electric power

2023.02.16 - 14:59

 

Baghdad - people  

On Thursday, Advisor to the Prime Minister for Energy Affairs, Imad Al-Alaq, announced focused meetings in Washington to invest in associated gas and produce electric power.  

 

  

  

Al-Alaq said in a statement to the official agency, followed by "NAS", (February 16, 2023), that "our meetings in Washington focused on enabling Iraq to invest in associated gas and produce electric energy, as well as accelerating the regional electrical connection to the Hashemite Kingdom of Jordan, Saudi Arabia and the Arab Gulf states."  

  

He added, "The United States is serious about building long-term strategic relations to enable Iraq to exploit its natural resources, which burn annually with more than 18 billion cubic meters of associated gas, whose value is about $6.5 billion annually, in addition to environmental pollution, the spread of diseases, and global warming," stressing That "Washington is serious about enabling Iraq to develop effective medium and long-term strategic solutions to invest these resources and support the electric grid."  

[yota691]

{Al-Furat News} publishes the joint statement of the Iraqi-American Higher Coordination Committee

• Time: 02/15/2023 23:52:11
•  
• Read: 6,045 times

  

{Politics: Al-Furat News} Our agency publishes the joint statement of the Iraqi-American Higher Coordination Committee after long negotiations of the Iraqi delegation in Washington on several files, most notably the financial and economic file and the exchange rate of the dollar.

 

The text of the statement reads: The Deputy Prime Minister and Minister of Foreign Affairs, Dr. Fuad Hussein, headed the delegation of the Republic of Iraq, and US Secretary of State Anthony J. Blinken, the United States delegation, held a meeting of the Higher Coordination Committee, in accordance with the 2008 Strategic Framework Agreement for the relationship of friendship and cooperation between the United States of America and the Republic of Iraq. The two delegations renewed their determination to deepen the strategic relationship between the two countries across a full range of bilateral issues, for the sake of the national interests of both countries, and their common interests in regional stability.

 

This meeting is the first meeting of the Supreme Coordination Committee focusing on economic cooperation, energy sector development, and climate change, which is a sign of a mature strategic partnership under the Strategic Framework Agreement. The Iraqi delegation included high-level representatives from the House of Representatives, the Central Bank, the Ministry of Foreign Affairs, and the Ministry of Foreign Affairs. Oil, the Ministry of Planning, the Ministry of Finance, the Ministry of Electricity, the Prime Minister's Office, Iraq's Climate Envoy, and the Kurdistan Regional Government.

 

In addition to the US State Department, the US delegation included USAID President Samantha Power, Special Presidential Envoy for Climate Change John Kerry, Deputy Treasury Secretary Wally Adeyo, Special Presidential Coordinator for Global Energy and Infrastructure Amos Hochstein, Global Anti-Corruption Coordinator Richard Nephew, and Security Council Coordinator Middle East Nationalist Brett McGurk, and senior officials from the Department of State, Treasury, Energy, and Commerce.

The two sides discussed the challenges facing the Iraqi economy, including the parallel exchange rate markets.

 

The United States welcomed the Iraqi government's efforts to enact economic reforms, as well as reforms in the field of monetary policy, modernizing the banking and financial sector, combating corruption, and preventing manipulation of the financial system—measures that would help enhance Iraq's economic prospects, including strengthening financial and financial markets. Exchange.

 

The US delegation renewed its support for Iraq's continuous efforts to build technical capabilities and implement international standards to protect the banking system from financial crimes, money laundering and terrorist financing. 

 

The two sides also affirmed their determination to continue working together to modernize the financial system in Iraq in order to improve the conditions of the Iraqi people.

 

The American and Iraqi delegations confirmed the convergence of views that pursuing an ambitious agenda for energy independence is necessary to achieve maximum economic prosperity for Iraq and protect its sovereignty.

 

Both delegations agreed that Iraq has a historic opportunity to invest in energy infrastructure initiatives designed to improve electricity services for the Iraqi people, secure energy self-sufficiency for Iraq, and mitigate environmental damage to both the global climate and Iraqi public health. To this end, the two sides decided to accelerate efforts to capture the flared gas, modernize the infrastructure for natural gas distribution, reduce methane leakage, connect regionally to the Iraqi electricity grid, modernize Iraq's electricity infrastructure, and explore renewable energy opportunities.

The American delegation praised Iraq's commitment to regional electrical interconnection projects with Jordan, the Kingdom of Saudi Arabia, and the Electricity Interconnection Authority of the Gulf Cooperation Council states.

The two countries stressed the importance of combating climate change and adapting to it, and the Iraqi delegation said that Iraq will soon publish a comprehensive government strategy to confront climate change.

 

The two sides also affirmed their commitment to accelerating the implementation of flared gas capture projects to achieve the disposal of traditional gas burning by 2030, to achieve the global pledge on methane, and the United States reviewed its plan to expand climate change programs in Iraq, after it provided Iraq with more than $ 1.2 billion in development aid over the past five years.

The discussions also emphasized the need for ambitious solar farm projects, and the establishment of a regulatory framework to attract investment in renewable energy.

The two sides also discussed the water crisis in Iraq, and the United States expressed its intention to continue its technical assistance to improve water management practices in Iraq.

 

The United States called on Iraq to nominate experts in water management to participate in exchange programs with US leaders in this field, and the two delegations stressed the importance of benefiting from modern technologies in groundwater management and irrigation efficiency.

 

The United States welcomed the positive developments in relations between the Iraqi federal government and the Kurdistan Regional Government and the ongoing negotiations regarding the 2023 federal budget and the hydrocarbons law.

 

The United States assured the Iraqi delegation that the American private sector is the best in the field of technology and its unique ability to face the energy challenges in Iraq. The Iraqi-American Business Council at the American Chamber of Commerce hosted a round table for the Iraqi delegation with 40 American companies and industry leaders who are experts in the field of gas capture, modernization of electricity infrastructure, and renewable energy sources.

 

After this event, the Chamber of Commerce announced that it would lead two American trade missions to Iraq in June to explore investment opportunities.

 

In addition, the two delegations noted the intent of the USTR and the Iraqi Ministry of Commerce to begin planning for the Trade and Investment Framework Agreement Council meeting in 2023.

 

This agreement between the United States and Iraq serves as a forum for resolving trade obstacles and promoting investment and bilateral trade opportunities between the two countries.

 

The US delegation announced that the US Embassy in Baghdad has gradually started providing non-immigrant visa services.

 

The United States and Iraq confirmed that they plan to hold meetings of joint coordination committees under the Strategic Framework Agreement, and additional meetings of the Higher Coordination Committee, to follow up on investments in the field of energy and economy, and the climate-related discussions that took place during the meetings of this Higher Coordination Committee.

 

The American and Iraqi delegations affirmed their determination to strengthen the strategic relationship between the two countries.

[yota691]

Economist: The Iraqi delegation tried to ease the restrictions on remittances, and America settled the matter

• Time: 02/16/2023 15:19:10
•  
• Read: 1,105 times

  

{Economic: Al Furat News} An economist revealed the refusal of the United States to ease the US restrictions imposed on Iraqi money transfers

 

Abdul Rahman al-Mashhadani told the Euphrates News Agency: "The Iraqi delegation did not visit Washington to request a deadline or an extension regarding transfers, because that is not in the interest of Iraq."

 

He added, "The US restrictions process targets inaccurate transfers, which are smuggling and theft of public money, which is not subject to discussion by the US side and has become a settled matter."

 

Al-Mashhadani pointed out that "Iraq tried to ease restrictions on checking transfers, which is one of the doors of corruption."

 

He noted that "the [GB Morgan] bank will also check Iraq's remittances in its trade with China, after agreeing with the bank that it will facilitate payments from the Iraqi banking system to China to finance private sector imports directly."

 

It is noteworthy that the joint statement of the Iraqi-American Higher Coordination Committee was issued late last night after long negotiations by the Iraqi delegation in Washington on several files, most notably the financial and economic file.

 

The United States welcomed, according to the statement, "the efforts of the Iraqi government to enact economic reforms, as well as reforms in the field of monetary policy, modernizing the banking and financial sector, combating corruption, and preventing manipulation of the financial system - measures that would help enhance Iraq's economic prospects, including strengthening Financial markets and exchange markets.

 

The US delegation renewed its "support for Iraq's continuous efforts to build technical capabilities and implement international standards to protect the banking system from financial crimes, money laundering and terrorist financing."

 

The two sides also affirmed "the determination to continue working together to modernize the financial system in Iraq in order to improve the conditions of the Iraqi people."

 

From.. Raghad Dahham

[yota691]

The Minister of Foreign Affairs explains the reasons for the confusion that occurred regarding the exchange rate of the dollar

 

- 15-02-2023 07:19 PM - Number of readings: 12574

 

Foreign Minister Fuad Hussein explained the reasons that led to the confusion that occurred regarding the exchange rate of the dollar.

 

Hussein said in an interview with the Atlantic Council, "What happened regarding the exchange rate is that the new system for selling the dollar began to be applied, which led to confusion in the early days and coincided with speculation, in addition to the psychological state of the dollar holders, and thus led to a disturbance in the exchange rate." . _

 

He added, "A joint statement will be issued containing the most important findings and the outcome of the fruitful Iraqi delegation's meetings in Washington . "

[yota691]

Annually, Iraq wastes 6.5 billion dollars from burning associated gas

 

energy
   

Economy News - Baghdad
On Thursday, the Prime Minister's Advisor for Energy Affairs, Imad Al-Alaq, announced "focused" meetings in Washington to invest in associated gas.

 

Al-Alaq said, in an interview with the official news agency, that "our meetings in Washington focused on enabling Iraq to invest in associated gas and produce electric energy, as well as speeding up the regional electrical connection with Jordan, Saudi Arabia and the Arab Gulf states."

 

He added, "The United States is serious about building long-term strategic relations to enable Iraq to exploit its natural resources, which burn annually with more than 18 billion cubic meters of associated gas, whose value is about $6.5 billion annually, in addition to environmental pollution, the spread of diseases, and global warming."

 

He continued, "Washington is serious about enabling Iraq to develop effective medium and long-term strategic solutions to invest these resources and support the electric grid."

 

 

---

63 views

Added 2023/02/16 - 4:05 PM

Updated 2023/02/16 - 5:07 PM

[6ly410]

Iraqi and American understandings may help the dinar

Economy | Today, 18:12 | 

Iraqi and American understandings may help the dinar » Baghdad Today News Agency

 

 

Baghdad Today - Follow-up

After a week of dialogues held by the Iraqi delegation headed by Foreign Minister Fuad Hussein, in Washington, to discuss a number of files, most notably the crisis of the decline in the value of the Iraqi dinar, following the measures recently imposed by the US Treasury Department on the Central Bank of Iraq to limit the infiltration of the dollar to Iran and the Syrian regime, the US-Iraqi Higher Coordination Committee on the Coordination Framework Agreement issued a joint statement, in which it affirmed its determination to continue working together to modernize the financial system in Iraq and support Iraq's efforts to protect the banking system.

On Wednesday, Iraqi Foreign Minister Fuad Hussein and US Secretary of State Antony Blinken chaired a meeting of the Higher Coordination Committee, in accordance with the 2008 Strategic Framework Agreement for the relationship of friendship and cooperation between the two countries.

The meeting was the first meeting of the Higher Coordination Committee to focus on economic cooperation, energy sector development, and climate change, and the Iraqi delegation included high-level representatives from the Council of Representatives, the Central Bank, the Ministry of Foreign Affairs, the Ministry of Oil, the Ministry of Planning, the Ministry of Finance, the Ministry of Electricity, the Prime Minister's Office, Iraq's Climate Envoy, and the Kurdistan Regional Government.

In addition to the U.S. Department of State, the U.S. delegation included USAID Chief Samantha Power, Special Presidential Envoy for Climate Change John Kerry, Deputy Secretary of the Treasury Wally Adeyemo, Special Presidential Coordinator for Global Energy and Infrastructure Amos Hochstein, Global Anti-Corruption Coordinator Richard Nephew, National Security Council Coordinator for the Middle East Brett McGurk, and senior officials from the Department of State, Treasury, Energy, and Commerce.

The two sides discussed challenges to the Iraqi economy, including parallel exchange rate markets, and according to the joint statement, "the United States welcomed the Iraqi government's efforts to enact economic reforms, monetary policy reforms, modernize the banking and financial sector, combat corruption, and prevent manipulation of the financial system — actions that would help enhance Iraq's economic prospects, including strengthening financial and exchange markets."

The US delegation reiterated its support for "Iraq's ongoing efforts to build technical capacity and implement international standards to protect the banking system from financial crimes, money laundering and terrorist financing."

The two sides affirmed their determination to "continue to work together to modernize the financial system in Iraq in order to improve the conditions of the Iraqi people," and affirmed "convergence of views in pursuit of an ambitious agenda of energy independence to maximize Iraq's economic prosperity and protect its sovereignty," and expressed their agreement that "Iraq has a historic opportunity to invest in energy infrastructure initiatives designed to improve electricity services for the Iraqi people, secure energy self-sufficiency for Iraq, and mitigate environmental damage to both the global climate and Iraqi public health." to that end."

The two sides decided to "accelerate efforts to regionally connect the Iraqi electricity grid, modernize the electricity infrastructure and explore renewable energy opportunities," and the US delegation praised "Iraq's commitment to regional electrical interconnection projects with Jordan, Saudi Arabia and the GCC Interconnection Authority."

The two countries also stressed "the importance of combating and adapting to climate change, and the Iraqi delegation reviewed that Iraq will soon publish a comprehensive government strategy to confront climate change," stressing their commitment to "accelerate the implementation of flaming gas capture projects to achieve the elimination of conventional gas flaring by 2030 to achieve the global pledge on methane."

The United States reviewed its plan to expand climate change programs in Iraq, having provided Iraq with more than $1.2 billion in development assistance over the past five years, and the discussions underlined the need for ambitious solar farm projects and the establishment of a regulatory framework to attract investment in renewable energy.

The two sides also discussed Iraq's water crisis, and the United States expressed its intention to continue its technical assistance to improve Iraq's water management practices. The United States called on Iraq to nominate experts in water management to participate in exchange programs with United States leaders in this field, and the two delegations stressed "the importance of benefiting from modern technologies in groundwater management and irrigation efficiency."

The United States welcomed the positive developments in relations between the Iraqi government and the Kurdistan Regional Government and the ongoing negotiations on the 2023 federal budget and hydrocarbon law.

The United States assured the Iraqi delegation that "the American private sector is the best in technology and its unique ability to meet Iraq's energy challenges."

The U.S.-Iraq Business Council at the U.S. Chamber of Commerce also hosted a roundtable for the Iraqi delegation with 40 U.S. companies and industry leaders who are experts in gas capture, electricity infrastructure modernization, and renewables.

After the event, the Chamber of Commerce announced that it would "lead two U.S. trade missions to Iraq in July to explore investment opportunities." In addition, the two delegations noted "the intention of the Office of the United States Trade Representative and the Iraqi Ministry of Commerce to begin planning for the Trade and Investment Framework Board meeting in 2023."

The agreement between the United States and Iraq serves as a forum for resolving trade obstacles and promoting investment and bilateral trade opportunities between the two countries. The U.S. delegation announced that the U.S. Embassy in Baghdad has gradually begun to provide visa services to nonimmigrants.

The two sides confirmed that they "plan to hold meetings of the Joint Coordination Committees under the Strategic Framework Agreement, and additional meetings of the Higher Coordination Committee, to follow up on investments in energy, economy and climate-related discussions held during these meetings of the Higher Coordination Committee. The US and Iraqi delegations affirmed their determination to strengthen the strategic relationship between the two countries.

The Federal Reserve has imposed measures on foreign remittances from Iraq to ensure that they do not reach Tehran and Damascus.

Iraq is counting heavily on the results of its delegation's visit to Washington to revive the Iraqi dinar again, whose rapid collapse in recent days has put the country's economy on the abyss and caused an unprecedented wave of high prices in the Iraqi market.

[6ly410]

Foreign Minister from Washington: The dollar will head lower in Iraq

Politics | Today, 19:15 | 

Foreign Minister from Washington: The dollar will head down in Iraq » Baghdad Today News Agency

    

Baghdad Today - Baghdad

Foreign Minister Fouad Hussein predicted a downward trend in the dollar exchange rate, while noting that the concern is not related to the dinar and the dollar, but to the mechanism of action.

Hussein, the head of Iraq's negotiating delegation in Washington, commented on his expectation of the stability of the dollar exchange upon its return to Iraq, saying: "The price of the dollar was on a continuous rise, and this has stopped now, and it will go down, and it will stabilize after organizing the situation better, and stability is linked to supply and demand."

"What I do know is that Iraq's economic situation is good, it has reserves and cash and it sells oil, which is expensive, and when you have these things there are no worries left for your currency," he said.

Regarding the possibility of reassuring citizens that their concern about the exchange rate will dissipate, Hussein explained, "The concern is not related to the dinar and the dollar, but to the mechanism of action."

"Previously, the dollar was entered in another way, and this system will control the dollar from the moment it is transferred until it is received, all of this will be controlled," he said.

"The money transfers that were made in the past no longer exist, and you cannot transfer money outside this system, and doing so means that you have cash and you want to transfer it secretly to another country, no one can transfer money over the phone anymore," the foreign minister explained.

It is noteworthy that the joint statement of the Iraqi-American Higher Coordination Committee was issued late last night after long negotiations of the Iraqi delegation in Washington on several files, most notably the financial and economic file.

According to the statement, the United States welcomed "the Iraqi government's efforts to enact economic reforms, as well as monetary policy reforms, modernize the banking and financial sector, combat corruption, and prevent manipulation of the financial system — actions that will help enhance Iraq's economic prospects, including strengthening financial and exchange markets."

The US delegation reiterated its "support for Iraq's ongoing efforts to build technical capacity and implement international standards to protect the banking system from financial crimes, money laundering and terrorist financing."

The two sides also affirmed "the determination to continue working together to modernize the financial system in Iraq in order to improve the conditions of the Iraqi people."

[6ly410]

Fouad Hussein: Baghdad and Washington will monitor the movement of the dollar through a mechanism, and we still need US forces

Fouad Hussein: Baghdad and Washington will monitor the movement of the dollar through a mechanism and we still need US forces - Shafaq News

2023-02-16 11:33

 

Shafaq News / Iraqi Foreign Minister Fuad Hussein revealed, on Thursday, the status of A mechanism to monitor the movement of the US currency (dollar) through the Iraqi government and the Ministry of The US Treasury, and between that each country has its own policy of dealing with countries such as Iran, stressed that Iraq still needs US forces to provide advice, training and exchange Security information.

 

Iraqi Foreign Minister Fuad Hussein said in an interview with the Kurdish service In the radio "Voice of America" and seen by the Shafaq News Agency, "Washington Baghdad has agreed on a mechanism that will make it difficult for dollars to move without the government's knowledge. Iraqi and the US Treasury Department," he said, adding that he "did not go to visit Washington, to say that the dollar should not enter this country or that country."

Radio "Voice of America" added that "the radio interview with Hussein addressed his country's strategic relations with the United States, and the presence of troops Foreign Affairs, and Iran's influence," while the Iraqi minister said that he "discussed in Washington The issue of the sharp decline in the value of the dinar, and that the Central Bank of Iraq has taken a number of actions that appear in this regard," he said, expressing his belief that "the price of the currency It settles slowly."

Hussein pointed out that "a system has been put in place through which Baghdad and Washington can "Under the new system, it will be difficult Dollars have to be moved without the knowledge of the Iraqi government and the Treasury Department American," he said, adding that "a mechanism has been put in place to regulate the flow of dollars" from Iraq.

On the most important goals of the Washington visit and the dinar issue, Hussein explained that "the reason The main one for our coming is to strengthen ties especially in the fields of finance and economics, and these include The issues are related to currency, I think the discussions that we've had with the Treasury The US and the Federal Reserve have reached a good conclusion. The Central Bank has taken "Iraqi is a number of measures that seem to have support."

When the radio asked him about the steps taken by the Iraqi government to prevent The money goes to Iran, the Iraqi minister indicated that "Iraqi society buys all Something from abroad, from agricultural materials to food, medicines, industrial goods, If you look at Iraq's trade or its trade balance with other countries, you will find that everything It comes from abroad as the Iraqi market and the Iraqi government spend a lot of dollars on it."

The Iraqi Foreign Minister said, "Therefore, the dollar goes to Abroad is good if it is trade-related, but there was no mechanism for how to issue The dollar from the central bank and who will get it from the Iraqi market and how will it go to Abroad, but now, a mechanism has been put in place to regulate the movement of the dollar. This mechanism slowly controls the The flow of dollars through smuggling or other purposes."

When American radio asked him if this mechanism would prevent Dollars from Iran's entry through Iraq, Hussein said, "We did not come to say that the dollar does not He has to enter this country or that country, we came here to regulate the situation of the dollar in the market Iraqiya, when it is regulated in the Iraqi market, it means that dealing in dollars The American will be normal."

"Under the new system, it will be more difficult Dollars have to go elsewhere without the knowledge of the Iraqi government and the Treasury Department. American."

In response to a question about issues that have not been agreed upon with the Americans, between "We didn't come here to agree on everything, they have their own policies, for example. For example, they have their own policy toward Russia, and they have their own policy toward Iran. For us, Iran is a neighboring country and we deal with it differently. That's a fact."

On the position of the Iraqi factions on the presence of foreign forces, Hussein said that "Clearly, there is a need for U.S. troops that are still in Iraq to stay. This is for the security and military interests of Iraq." "Let me Make something clear: these are not combat forces, based on mutual agreement, these forces The United States advised and trained the Iraqi Army and Peshmerga forces, they helped us also in the exchange of intelligence, especially with regard to ISIS terrorists."

[6ly410]

Government spokesman to Shafaq News: The Iraqi delegation to Washington reached "new mechanisms" on the dollar crisis

Government spokesman for Shafaq News: The Iraqi delegation to Washington reached "new mechanisms" on the dollar crisis - Shafaq News

2023-02-16 07:41

 

Shafaq News / The spokesman for the Iraqi government, on behalf of Al-Awadi, on Thursday, the conclusion of the dialogues of the Iraqi delegation in the United States of America, related to the dollar crisis, and while describing the results of the negotiations as "very positive" and reached new cooperation mechanisms, he stressed the interest of the American party in the Iraqi delegation in a different way from all previous delegations that visited Washington previously.

Al-Awadi said, to Shafaq News, that "the negotiations between the Iraqi and American side, ended, today, and the Iraqi delegation is on the way back to the capital Baghdad after the conclusion of its negotiations in Washington, and the results of this negotiation were more than positive, and there was a very big surprise, the American party has paid very attention to the Iraqi delegation in a very different way from all previous delegations that visited the United States of America during the past years, and there was great interest at the largest levels in the Iraqi delegation."

Al-Awadi added that "the negotiations were frank in raising topics and files, and the Iraqi delegation was formed of two parts, one political and the other technical, considering that the crisis has political dimensions related to the Iraqi reality and the nature of the relationship between Baghdad and Washington, and the technical section headed by the Governor of the Central Bank of Iraq, the Ministry of Finance and Planning and a group of political and economic advisers, and there were several meetings and meetings with the US State Department, the US Treasury, the US Federal Estate, members of the US Congress, the Senate and others."

The spokesman for the Iraqi government said that "the two parties reached new mechanisms in cooperation and will contribute to the launch of large batches of hard currency into Iraq, and agree on the method of applying the electronic platform, and this will contribute within a very short period to the stability of the dollar exchange rate in the local market according to its official price, and this price will be stable in the coming days."

The American "Middle East Institute" reported, on February 14, that the administration of US President Joe Biden pressured the Iraqi delegation that visited Washington recently, in order to push Baghdad to redirect the Iraqi energy sector away from Iran, and to deal with accusations that its banking sector helps the Iranian regime to evade Western sanctions.

The meeting of the Iraqi delegation headed by Foreign Minister Fuad Hussein with the US Treasury on February 10 ended with affirming the mutual commitment between Washington and Baghdad to anti-money laundering measures, according to a statement issued by the US Treasury Department.

[6ly410]

 

[6ly410]

Iraq-US negotiations on the dollar crisis end with "more than positive" results

 

Iraq and US negotiations on the dollar crisis end with "more than positive" results (economy-news.net)

 

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Economy News - Baghdad

Government spokesman for Al-Awadi said on Thursday that the negotiations of the Iraqi delegation in America on the dollar crisis ended today.

Al-Awadi added in an interview with the agency "Shafaq News" and followed by "Economy News", that "the Iraqi delegation is on the way back to the capital Baghdad after the conclusion of its negotiations in Washington, and the results of this negotiation were more than positive."

He pointed out that "the negotiations were frank in raising topics and files, and there were several meetings and meetings with the US State Department, the US Treasury, the US Federal Reserve, members of the US Congress, the Senate and others."

He continued, "The two parties have reached new mechanisms in cooperation and will contribute to the launch of large batches of hard currency into Iraq, and agree on the method of applying the electronic platform, and this will contribute within a very short period to the stability of the dollar exchange rate in the local market according to its official rate, and this price will be stable in the coming days."
 

Views 603

Added 2023/02/16 - 6:59 PM

Update 2023/02/17 - 12:12 AM

[Jaygo]

12 minutes ago, 6ly410 said:

Iraq-US negotiations on the dollar crisis end with "more than positive" results

 

Iraq and US negotiations on the dollar crisis end with "more than positive" results (economy-news.net)

 

---

Economy News - Baghdad

Government spokesman for Al-Awadi said on Thursday that the negotiations of the Iraqi delegation in America on the dollar crisis ended today.

Al-Awadi added in an interview with the agency "Shafaq News" and followed by "Economy News", that "the Iraqi delegation is on the way back to the capital Baghdad after the conclusion of its negotiations in Washington, and the results of this negotiation were more than positive."

He pointed out that "the negotiations were frank in raising topics and files, and there were several meetings and meetings with the US State Department, the US Treasury, the US Federal Reserve, members of the US Congress, the Senate and others."

He continued, "The two parties have reached new mechanisms in cooperation and will contribute to the launch of large batches of hard currency into Iraq, and agree on the method of applying the electronic platform, and this will contribute within a very short period to the stability of the dollar exchange rate in the local market according to its official rate, and this price will be stable in the coming days."
 

Views 603

Added 2023/02/16 - 6:59 PM

Update 2023/02/17 - 12:12 AM

Float 

[screwball]

40 minutes ago, Jaygo said:

Float 

🙏😉  coming days- soon?

[screwball]

40 minutes ago, Jaygo said:

launch of large batches of hard currency

lower denoms? coins?

[jg1]

18 hours ago, screwball said:

no USD to paybills until you implement swift, pass oil law and budget. not releasing their oil money over 155 billion, all approvals by the US Treasury is my interpretation

Wow, I am going to go with your translation because I love it. Let the good times roll. About time something like this happens.

[BETTYBOOP]

Well we a pretty much at the middle of the month... what is the CBI going to produce in this second package?? Be interesting  to see what they do and if they really can get control of the rate. 

Edited February 16, 2023 by BETTYBOOP

[screwball]

1 hour ago, 6ly410 said:

"The two parties have reached new mechanisms in cooperation and will contribute to the launch of large batches of hard currency into Iraq

or is this taking about foreign exchange currencies eg: USD

[screwball]

1 minute ago, BETTYBOOP said:

Well we a pretty much at the middle of the month... what is the CBI going to produce in this second package?? Be interesting  to see what they do and if they really can get control of the rate. 

100%

[screwball]

" No child is born a criminal, to become tormented and a lost soul to mental illness, or to be ravaged in mind and body through substance misuse.............. Life choices, circumstances and society " assist" in making it happen. ".......... Elizabeth Robertson. (Bettyboop).

 

how very true!!!

[6ly410]

U.S., Iraq Emphasize Economic Cooperation as Core of Strategic Partnership

After Washington’s initial apprehension over Iraq’s new government, the U.S. wants to help Iraq address its economic woes and strengthen its democracy.

Thursday, February 16, 2023 / BY: Sarhang Hamasaeed

PUBLICATION TYPE: Analysis and Commentary

U.S., Iraq Emphasize Economic Cooperation as Core of Strategic Partnership | United States Institute of Peace (usip.org)

Top Iraqi officials were in Washington this week for the regular dialogue of the Higher Coordinating Committee of the U.S.-Iraq Strategic Framework Agreement (SFA). Inked in 2008, the SFA sets the terms for U.S.-Iraqi cooperation in a number of arenas, including security and diplomacy. Amid Iraq’s struggles with corruption and a currency crisis, this year’s dialogue focused heavily on economic cooperation. While economic issues topped the agenda, Iraq’s new government faces a host of challenges that Washington can help address.

A view of a market in Basra, Iraq, Nov. 14, 2022. Corruption and a currency crisis are hurting Iraq’s economy. (Emily Rhyne/The New York Times)

USIP’s Sarhang Hamasaeed looks at the key priorities for the U.S.-Iraq partnership, the challenges and opportunities for Iraq’s new government, joint efforts to address the human legacy of ISIS and how Washington can help stabilize Iraq’s economy. 

President Biden and Secretary Blinken have recently reaffirmed the United States’ commitment to the U.S.-Iraq Strategic Framework Agreement. What are the partnership’s priorities for this coming year?

This year, the United States and Iraq will aim to prioritize economic cooperation, including on energy, and climate change as primary areas of focus. Continuing cooperation in the fight against ISIS and addressing the human legacies the conflict left behind — including the return and reintegration of Iraqis in al-Hol Camp in northeast Syria — remains an important area of focus for Washington and Baghdad.  Emerging priorities include fighting corruption — particularly preventing the draining of Iraq’s wealth through money laundering and smuggling using U.S. dollars that Iraq’s Central Bank supplies at a subsidized exchange rate — and ensuring the return of stolen funds.

It is a welcome development for both countries that the strategic dialogue and meeting of the Higher Coordinating Committee for the SFA is no longer overshadowed by sensitivities and news surrounding the status of U.S. troops in Iraq, as was the case in 2020 and 2021. Prime Minister Mohammed Shia al-Sudani has affirmed the value of the remaining U.S. troops in Iraq to advise and assist Iraqi security forces. The United States retains about 2,500 troops to support Iraqi and Syrian partners in their counter-ISIS efforts.

Supporting an Iraqi democracy that delivers for its citizens is a key component of the SFA and a priority for the United States. In 2023, Iraq may organize provincial elections across the country and parliamentary elections in the Kurdistan Region. Free and fair elections are essential for Iraq’s democracy and stability, and U.S. support is critical to ensuring the credibility of the polls. Well conducted elections can help bridge the trust gap between the state and Iraqi citizens, reverse the backsliding of Iraq’s democratic institutions and engage the youth in energizing the country’s economy and politics. 

Iraq’s 2021 national parliamentary elections were widely considered to be the cleanest, most credible in the country’s history. Through U.S. and international investment, the United Nations provided vital technical support and monitoring assistance that bolstered the integrity and transparency of the process. A key takeaway from that experience is that this type of international support needs to start early, engaging the public as soon as possible to encourage new candidates to run and to bring voters to the polls.

What are the key opportunities and challenges facing Iraq’s new government and how can Washington help?

In October 2022, Iraq ushered in a new government after a year of political tensions and episodes of controlled and limited violence. The new government, led by al-Sudani, is backed by a large parliamentary bloc and a political coalition comprised of Shia, Sunni and Kurdish parties, who agreed on key priorities prior to the government’s formation. Chief among those priorities are: passing a national budget; passing a federal oil and gas law; implementing the Sinjar Agreement made between the Baghdad government and the Kurdistan Regional Government; and the thorny challenge of helping Iraqis displaced by the conflict with ISIS to return to their homes areas. 

The new government has the benefit of increased revenue due to higher oil prices amid the war in Ukraine. Despite concerns about the core of the new government coming from the Coordination Framework — which is widely considered to be backed by Iran — the United States, regional countries and the international community overall, have engaged positively with the al-Sudani government and supported continued cooperation. Last week, the government marked its 100 days in office and, for the most part, the general trajectory of al-Sudani, and to a large extent his government, has been more positive than many suspected.

This is generally good news in a country that went to the brink of civil war last August, but key challenges remain and the clock is ticking. With a growing population, high poverty, unemployment and food insecurity will only worsen amid historic disagreement over the annual federal budget and a federal oil and gas law. Meanwhile, all eyes are on when Moqtada al-Sadr might make a public move against his political opponents. Many Iraqis believe that corruption is of no less danger to Iraq than ISIS, a view that Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein affirmed when he spoke at USIP on February 10.

External challenges are always a possibility for Iraq. While Iran and Türkiye are both dealing with their own complex domestic issues, either may still choose to intervene directly in Iraq, including via military action as occurred last year. 

There are many areas where Washington can provide assistance, such as: helping stabilize Iraq’s currency; assisting government and civil society efforts to fight corruption and restore stolen funds; supporting fair and free elections; helping with climate change adaptation; modernizing the banking sector; encouraging U.S. private sector engagement in Iraq; supporting dialogue between Baghdad and Erbil to resolve their differences; and enabling Iraq to protect its skies, especially against attacks from neighboring countries. 

One of the major achievements of the U.S.-Iraq partnership is the fight against ISIS. Where does cooperation on counterterrorism stand and how can the United States help Iraq deal with the heavy human legacy of the ISIS conflict?

The U.S.-Iraq partnership in the fight against ISIS and dealing with its aftermath continues. Washington also continues to contribute humanitarian assistance to the nearly one million Iraqis who remain displaced and mostly reside in the Kurdistan Region. Washington is working with Iraq to support efforts that assist with repatriation of Iraqis from al-Hol camp in northeast Syria, psychosocial programs and community reintegration. As of this writing, eight rounds of Iraqis — nearly 4,300 individuals and 1,060 families — have been returned from al-Hol to al-Jadaa Rehabilitation Center south of Mosul. About half of those have left al-Jadaa to their original or other areas. The longer-term reintegration is a key issue that requires increased and sustained U.S. and international support to prevent the resurgence of ISIS.

In recent years, as the threat of ISIS was degraded, concerns have risen among Iraqi, regional and international policy circles over armed Shia groups. While these concerns are not currently under spotlight and these groups seem less focused on enmity with Washington for the time being, both sides still remain wary of the other.

U.S. sanctions on Russia and Iran have affected both Iraq’s oil industry and currency in recent months. How can the United States balance its economic pressure on Moscow and Tehran with its desire to help stabilize and improve the Iraqi economy?

This is indeed an uneasy balancing act for both Iraq and the United States that continues to be worked through by all sides. Washington has granted Iraq waivers in the past with regards to purchasing gas from Iran, but Deputy Prime Minister Hussein also said the priority is to protect Iraq’s banks and institutions from U.S. sanctions even as Baghdad acknowledges owing funds to Russia and Iran. He indirectly suggested that Russia could hold off on seeking those funds until a later date, as it did with other countries.

At USIP, Hussein said Iraq pursues its interests without choosing sides or using one relationship against the other. China, Russia and Iran are economically and politically engaged in Iraq and throughout the region, competing with the United States. Iraq has the opportunity to work with all actors as long as global and regional dynamics do not force binary choices — something Iraq cannot afford at this juncture.

With support from the United States, Iraq has come a good distance in reconnecting and reintegrating with the region, even moving toward a convening and, potentially, leading role. In public statements, al-Sudani has said that Iraq is preparing for hosting new talks between Iran and Saudi Arabia. Recent visits of foreign leaders and diplomats, including the pope in 2021, and hosting the Gulf Cup 25 and the Baghdad Conference for Cooperation and Partnership are boosting Iraqi confidence that it’s role and balancing act could become constructive exercises in Baghdad asserting its voice as a convener and mediator in the region, not simply just trying to avoid trouble from rivals. 

The question is can this last and what could derail it? There are both domestic and foreign pressures that could halt or even reverse this progress. Topping that list is Iran and its evolving calculus on how it views the importance of Iraq’s stability amid its own domestic and foreign challenges. Iran’s deepening partnership with Russia — especially supplying Moscow with armed drones for its war in Ukraine — could be the gamechanger, as Europe is increasingly aligning with the United States toward a more hardline policy on Iran. This includes potential European terrorist designation and sanctioning of the Iranian Revolutionary Guard Corps. With Europe and the United States converging, Iran may lash out against European or U.S. interests in Iraq, or elsewhere in the region. 

In Iraq, there are skeptics about the new al-Sudani government — or what these skeptics consider to be a “Coordination Framework government” — and how it is attempting to generate the perception of an overly friendly posture toward the West. The al-Sudani government and the political coalition that stands behind it have the opportunity — many in Iraq consider it the last opportunity — to learn from the past. This means it would need to seek real reforms and inclusive governance, share power and resources, and resolve differences through dialogue, instead of creating the kind of grievances that gave rise to ISIS, triggered the Kurdish independence referendum and pushed tens of thousands of Shia youth to the street during the 2019 protest movement. The United States continues to support Iraq and its success, but success requires real efforts by Iraq's leaders and institutions as well. If the al-Sudani government shows credible approaches and steps to free the country from internal and regional elite capture, the United States and others in the international community will meet it halfway. 

[6ly410]

Foreign Minister: Iraq has developed a joint monitoring mechanism with the US Treasury to regulate the movement of the dollar

Foreign Minister: Iraq has established a joint monitoring mechanism with the US Treasury to regulate the movement of the dollar | economy | Dijla satellite channel (www-dijlah-tv.translate.goog)

 

 

- 02-16-2023 10:32 PM- Views: 3199

Iraqi Foreign Minister Fuad Hussein said on Thursday that Iraq and the United States have developed a mechanism to monitor the movement of the dollar, and explained that each country has its own policy of dealing with countries such as Iran, stressing that Iraq still needs US forces to provide advice, training and exchange of security information.

Iraqi Foreign Minister Fuad Hussein said in an interview with the radio "Voice of America" that "Washington and Baghdad agreed on a mechanism that will make it difficult for dollars to move without the knowledge of the Iraqi government and the US Treasury," adding that he "did not go to visit Washington, to say that the dollar should not enter this country or that country."

Hussein pointed out in the meeting that he "discussed in Washington the issue of the sharp decline in the value of the dinar, and that the Hussein noted in the meeting that he "discussed in Washington the issue of the sharp decline in the value of the dinar, and that the Central Bank of Iraq has taken a number of measures that appear in this regard," expressing his belief that "the currency price is slowly stabilizing," explaining that "a system has been put in place that enables  Baghdad And Washington monitors the destination of the money through it,” and that “under the new system, it will be difficult for dollars to be moved without the knowledge of the Iraqi government and the US Treasury,” adding that “a mechanism has been put in place to regulate the flow of dollars” from Iraq.," explaining that "a system

Regarding the goals of Washington's visit and the issue of the dinar, Hussein explained, "The main reason for our coming is to strengthen ties, especially in the areas of finance and economy, and among these issues is related to the currency. I believe that the discussions we had with the US Treasury and the Federal Reserve have reached a good result. The Central Bank has taken Iraqi a number of measures that seem to be supported.

Responding to a question about the steps taken by the Iraqi government to prevent money from going to Iran, the Iraqi minister stated that "the Iraqi society buys everything from abroad, from agricultural materials to foodstuffs, medicines and industrial goods, and if you look at Iraq's trade or its trade balance with countries The other, you will find that everything comes from abroad as the Iraqi market and the Iraqi government spend a lot of dollars on that.

Therefore, the dollarAnd the Iraqi Foreign Minister stated, "For this reason, the dollar's going abroad is a good thing if it is related to trade, except that there was no mechanism for how to issue dollars from the central bank, who would get them from the Iraqi market, and how they would go abroad, but now, a mechanism has been put in place to organize the movement of The dollar. This mechanism slowly controls the flow of dollars through smuggling or other purposes.” When the American radio asked him if this mechanism would prevent dollars from entering Iran through Iraq, Hussein said, "We did not come to say that the dollar should not enter this or that country. We came here to regulate the conditions of the dollar in the Iraqi market, when it is regulated in the market." Iraqi, this means that dealing in US dollars will be normal. The minister continued, saying that "under the new system, it will be more difficult for dollars to go to another place without the knowledge of the Iraqi government and the US Treasury Department."

When asked by
In response to a question about issues that had not been agreed upon with the Americans, Hussein said, "We did not come here to agree on everything. They have their own policies, for example, they have their own policy towards Russia, and they have their own policy towards Iran. For us, Iran is a neighboring country, and we are We deal with it differently, that's a fact." Regarding the Iraqi factions' position on the presence of foreign forces, Hussein said, "It is clear that there is a need for the American forces that are still in Iraq to remain, for the security and military interests of Iraq." He added, "Let me clarify something: These are not combat forces. Based on a mutual agreement, these American forces provide advice and training to the Iraqi army and the Peshmerga forces. They also helped us exchange intelligence information, especially regarding (ISIS) terrorists."

On the position of the Iraqi factions on the presence of foreign forces, Hussein said that "it is clear that