The Minister of Foreign Affairs and a European delegation are discussing the digitization of the banking system in Iraq

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The Minister of Foreign Affairs and a European delegation are discussing the digitization of the banking system in Iraq

• Time: 07/04/2023 14:39:53
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• Read: 130 times

  

{Politics: Al Furat News} Deputy Prime Minister and Foreign Minister Fuad Hussein discussed with the President of the European Bank for Reconstruction and Development (EBRD) Odile Reno-Basso the possibility of strengthening the private sector in Iraq and digitizing the banking system

And the office of the Minister of Foreign Affairs stated in a statement received by {Euphrates News}, that "during the meeting, they discussed ways to strengthen bilateral relations between Iraq and the bank, in a manner that guarantees the possibility of strengthening the private sector in Iraq and digitizing the banking system." 

 

The minister stressed "the importance of partnership with the European Bank to support the Iraqi government's plan to diversify the sources of the national economy, noting that the Iraqi government's priorities are investment in the fields of energy and digital transformation in the financial infrastructure." 

 

For her part, Odile affirmed the bank's desire to work in Iraq and contribute to supporting the private sector and renewable energy.

 

The meeting was attended by the Ambassador of the Republic of Iraq in London, Muhammad Jaafar Al-Sadr, Ambassador Haider Al-Athari, Head of the Europe Department, Ghufran Kazem, Director General of the Public Debt Department at the Ministry of Finance, and on behalf of the European Bank, Kazuhiko Koguchi, Secretary General of the European Bank for Reconstruction and Development, and Heikki Hargart, Executive Director of the Bank. .

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The foreign minister arrives in London

• Time: 07/03/2023 13:23:28
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• Read: 910 times

  

{Local: Al Furat News} Foreign Minister Fuad Hussein arrived today, Monday, in London on an official visit.

A statement by the Ministry of Foreign Affairs, of which {Euphrates News} received a copy, stated that "Deputy Prime Minister and Foreign Minister Fuad Hussein arrived today with his accompanying delegation to the British capital, London, on an official visit that lasts two days, to hold a number of meetings within the framework of strengthening bilateral relations between Iraq And the United Kingdom is within the Iraqi-British strategic dialogue.

 

He added, "The Foreign Minister will hold several bilateral meetings, as he will meet with his British counterpart James Cleverly, Minister of Defense Ben Wallace, Minister of State for Immigration Affairs Robert Jenrick, and Minister of State for Security Affairs in the British Ministry of the Interior Tom Tokhandat, in addition to meetings with the Chair of the Foreign Relations Committee in the British Parliament, Elisha." Cairns, Defense Committee Chairman Tobias Elwood, APPG, and others.

 

He continued, "Within the framework of strengthening economic relations between Iraq and the United Kingdom, the Foreign Minister will hold several meetings with each of the European Bank for Reconstruction and Development (EBRD), and a number of businessmen within the Arab-British Chamber of Commerce symposium, in addition to meeting with the Executive Director of the British BT company and others."

[yota691]

Iraq announces the settlement of differences with Serco Middle East

• Time: 07/03/2023 17:35:20
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• Read: 1,196 times

  

{Local: Al Furat News} Deputy Prime Minister and Foreign Minister Fuad Hussein held talks today, Monday, with the director of Serco Middle East Company (Phil Malem), which is specialized in air navigation services.

 

A statement by his office, a copy of which {Euphrates News} received, stated that: "During the discussions, the outstanding differences between the company on the one hand and the competent Iraqi authorities on the other hand were settled, and the company's future work mechanism in Iraq was also discussed in a manner that guarantees the advancement of the civil aviation sector and the provision of the best services." possible".

 

On the Iraqi side, the meeting was attended by Ambassador Haider Al-Athari, Head of the Europe Department, and the Ambassador of the Republic of Iraq to the United Kingdom, Muhammad Jaafar Al-Sadr, and on the British side, Baroness Emma Nicholson, and the British Ambassador to Iraq, Bryson Richardson.

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Iraq and the World Bank are discussing strengthening bilateral relations

 

- 04-07-2023 03:00 PM - Number of readings: 1064

 

Foreign Minister Fuad Hussein discussed, on Tuesday, with the President of the European Bank for Reconstruction and Development, Odile Reno-Basso, ways to strengthen bilateral relations between Iraq and the bank.

The Ministry of Foreign Affairs said in a statement that the meeting discussed ways to strengthen bilateral relations between Iraq and the bank, in a manner that guarantees the possibility of strengthening the private sector in Iraq and digitizing the banking system.

The minister stressed the importance of partnership with the European Bank to support the Iraqi government's plan to diversify the sources of the national economy, noting that the Iraqi government's priorities are investment in the areas of energy and digital transformation in the financial infrastructure.
For her part, Mrs. Odell confirmed the bank's desire to work in Iraq and contribute to supporting the private sector and renewable energy.

The meeting was attended by the Ambassador of the Republic of Iraq in London, Muhammad Jaafar Al-Sadr, Ambassador Haider Al-Athari, Head of the Europe Department, Ghufran Kazem, Director General of the Public Debt Department at the Ministry of Finance, and on behalf of the European Bank, Kazuhiko Koguchi, Secretary General of the European Bank for Reconstruction and Development, and Heikki Hargart, Executive Director of the Bank.

[yota691]

Fouad Hussein arrives in London on an official visit and holds political and economic meetings

2023-07-03 07:00

Shafaq News/ The Iraqi Deputy Prime Minister and Minister of Foreign Affairs, Fouad Hussein, arrived on Sunday in the British capital, London, on a two-day official visit.

 

A statement from the ministry received by Shafaq News agency stated, "The visit comes to hold a number of meetings within the framework of strengthening bilateral relations between Iraq and the United Kingdom within the Iraqi-British strategic dialogue."

 

She explained that "the Minister of Foreign Affairs will hold several bilateral meetings, as he will meet with his British counterpart James Cleverly, Minister of Defense Ben Wallace and Minister of State for Immigration Affairs Robert Jenrick, and Minister of State for Security Affairs in the British Ministry of the Interior Mr. Tom Tokhandat, in addition to holding meetings with the Chair of the Foreign Relations Committee in Parliament."

 

Briton Elisha Cairns, Defense Committee Chairman Tobias Elwood, All Parties for Iraq (APPG) and others.

 

In the context of strengthening economic relations between Iraq and the United Kingdom, the Foreign Minister will hold several meetings with the European Bank for Reconstruction and Development (EBRD), and a number of businessmen within the Arab-British Chamber of Commerce symposium, in addition to meeting with the CEO of the British company BT and others.

[yota691]

Iraq calls on Britain to help him in various economic and service sectors

2023-07-04 03:33

Shafaq News/ The Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, called on the British side to help Iraq by providing technical support in various economic and service sectors.

 

This came during his meeting yesterday, Monday, with a number of committee chairs in the British House of Commons on the sidelines of his visit to London, based on the invitation extended to him by British Foreign Secretary James Cleverly, according to what was announced by the Iraqi Foreign Ministry today, Tuesday, where Hussein affirmed the Iraqi government's determination to build a strong economy.

 

The statement added that the sessions dealt with discussions about the regional role played by Iraq in the stability of the region and the convergence of views between the regional powers and its keenness to be a meeting point in the region by bringing together regional powers through the Baghdad Conference for Cooperation and Partnership.

 

The statement quoted the Iraqi Foreign Minister as saying that the priorities of the Iraqi government are to provide services and diversify sources of income through contracts with major international companies and the optimal use of the country's wealth.

 

For their part, the heads of the committees affirmed their readiness to provide all kinds of support in a way that contributes to supporting and stabilizing Iraq and advancing its economy in a way that achieves prosperity for the Iraqi people, as in the statement.

[yota691]

A European bank confirms its desire to work in Iraq and contribute to supporting the private sector and renewable energy

 07/04/2023

 

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Baghdad / resource news

Foreign Minister Fuad Hussein stressed, on Tuesday, the importance of partnership with the European Bank to support the government's plan to diversify the sources of the national economy, while the bank indicated its desire to work in Iraq.
The Ministry of Foreign Affairs said in a statement, "Deputy Prime Minister and Foreign Minister Fuad Hussein met with the President of the European Bank for Reconstruction and Development (EBRD) Odile Reno-Basso, in the presence of Iraq's Ambassador to London Muhammad Jaafar al-Sadr, Head of the Europe Department Ambassador Haidar Al-Athari, and Director General of the Department. The public debt in the Ministry of Finance is Ghufran Kazem, while the European Bank was represented by Kazuhiko Koguchi, Secretary General of the European Bank for Reconstruction and Development, and Heikki Harmgart, Executive Director of the Bank.
She added, "The meeting witnessed ways to strengthen bilateral relations between Iraq and the bank, in a way that guarantees the possibility of strengthening the private sector in Iraq and digitizing the banking system."
The minister stressed "the importance of partnership with the European Bank to support the Iraqi government's plan to diversify the sources of the national economy," noting that "the Iraqi government's priorities are investment in energy and digital transformation in the financial infrastructure."
For her part, Odell affirmed "the bank's desire to work in Iraq and contribute to supporting the private sector and renewable energy."

[yota691]

European Bank: We want to contribute to supporting the private sector and renewable energy in Iraq

 

money and business
   

Economy News - Baghdad
Foreign Minister Fouad Hussein confirmed, on Tuesday, that investment in the fields of energy and digital transformation in the financial infrastructure is among the priorities of the Iraqi government, while the President of the European Bank for Reconstruction and Development, Odile Rono-Basso, expressed the bank's desire to contribute to supporting the private sector and renewable energy in Iraq. .

In a statement, the Ministry of Foreign Affairs stated that "Deputy Prime Minister and Foreign Minister Fuad Hussein met with Odile Reuno-Basso, President of the European Bank for Reconstruction and Development."

The two parties discussed, according to the statement, "ways to strengthen bilateral relations between Iraq and the bank, in a way that guarantees the possibility of strengthening the private sector in Iraq and digitizing the banking system."

 

For her part, Odell confirmed "the bank's desire to work in Iraq and contribute to supporting the private sector and renewable energy."

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Added 07/04/2023 - 4:02 PM

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this is all great news! getting ready for the reset!

[yota691]

The Minister of Foreign Affairs is discussing with British Telecom the development of the infrastructure of communications networks in Iraq

• Time: 07/04/2023 20:53:45
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• Read: 832 times

  

{Local: Al Furat News} Deputy Prime Minister and Foreign Minister Fuad Hussein discussed, today, Tuesday, with British Telecom the development of the infrastructure of communications networks in Iraq.

 

A statement of the Ministry of Foreign Affairs, which {Al Furat News} received a copy of, stated that "Deputy Prime Minister and Foreign Minister Fuad Hussein discussed with representatives of British Telecom, and representatives of the British Ministry of Business and Trade in London, the development of the infrastructure for communications networks in Iraq."

 

 Hussein emphasized "the importance of communication between ministries and encouraging private companies such as British Telecom to establish a presence in Iraq, allowing them to provide critical support effectively."

 

The statement continued, "The two sides expressed their commitment to continuous cooperation and joint cooperation, with a focus on developing innovative solutions and exchanging technical expertise, and stressed the importance of this partnership to promote progress and create a connected digital society and a prosperous economy in Iraq."

 

The statement indicated that "British Telecom representatives expressed their gratitude for the opportunity given to them to present their proposals in order to enhance cooperation between the two countries in the field of communications and information technology."

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The Foreign Minister is discussing with his British counterpart the role of Iraq in the framework of promoting regional stability

• Time: 07/04/2023 22:56:39
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• Read: 1,547 times

{Local: Al Furat News} The Foreign Minister discussed, today, Tuesday, with his British counterpart, the role of Iraq in the framework of promoting regional stability.
A statement of the Ministry of Foreign Affairs, which received {Euphrates News} , stated that "Deputy Prime Minister and Foreign Minister Fuad Hussein met today, Tuesday, with the British Minister of Foreign Affairs, Commonwealth and Development, James Cleverly, at the headquarters of the British Foreign Ministry in London, and the minister talked about Iraq's role in the framework of strengthening regional stability and bringing Views between the countries of the region, especially the Kingdom of Saudi Arabia and the Islamic Republic of Iran, and Iraq's readiness to continue efforts to ease tension in the region.

He continued, "The meeting also included a discussion of ways to enhance bilateral relations between the two countries in light of security stability, approval of the general budget, and the government's determination to translate this into service programs and reconstruction. Mr. Fuad Hussein called for intensifying cooperation in the fields of education, health, business sectors, industries, agriculture, and others."

For his part, Minister Cleverly welcomed the efforts of the Iraqi government in the field of economic reform, stressing the Kingdom's readiness to provide support to Iraq in all areas it needs.

  

 

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Iraq and Britain are discussing building military capabilities between the two countries

• Time: 07/04/2023 23:35:31
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• Read: 1,807 times

  

{Politics: Al Furat News} Deputy Prime Minister and Foreign Minister Fuad Hussein met today, Tuesday, with British Defense Minister Ben Wallis, at the headquarters of the British Ministry of Defense in London.

During the meeting, according to a statement by the Iraqi Foreign Ministry, which {Euphrates News} received a copy of, "discussed ways to enhance cooperation between the two countries on the security and military levels and build capacities in British military academies and colleges in a way that enhances the capabilities of the Iraqi military establishment."

The two sides also discussed "Iraq's role and efforts in promoting regional stability and the continued British support for Iraq's efforts at the security level."

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The Iraqi Foreign Minister identifies from London investment opportunities and challenges facing the government

2023-07-04 12:48

Shafaq News/ The Iraqi Foreign Minister, Fuad Hussein, identified, on Tuesday, the investment opportunities in the country and the challenges facing the government. This came during his hosting of the Arab-British Chamber of Commerce, which is based in London.

 

The seminar was attended by a large number of representatives of British companies, in addition to representatives of the British government and a number of members of the diplomatic corps accredited to the United Kingdom.

 

The Iraqi minister talked about the investment opportunities in Iraq and the challenges facing the Iraqi government represented by the cultural accumulation inherited over decades due to the successive central governments, which requires a double effort to address it and comply with the values of democracy prevailing in modern Iraq.

 

He also clarified the current government's program and its endeavor to diversify sources of income and not rely on oil as the only source, and it is determined to achieve this while taking into account climate changes and the need to find solutions to them.

 

He referred to the current security conditions and the remarkable improvement in this aspect and what it provides of a suitable and encouraging environment for the entry of foreign companies into Iraq, calling on the British and European government agencies to review travel advice on their official websites.

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Baghdad and London issue a joint statement at the conclusion of the British-Iraqi strategic dialogue

2023-07-05 04:22

 

Shafaq News/ The Minister of Foreign Affairs, Commonwealth and Development of Britain and Northern Ireland, MP James Cleverly, hosted Fouad Hussein, Deputy Prime Minister and Minister of Foreign Affairs of the Iraqi Republic, in the British-Iraqi strategic dialogue that was held in London on 3-4 July 2023.

 

A joint statement issued by the two sides at the end of the dialogue stated that this strategic dialogue builds on the foundations of the signing of the British-Iraqi strategic partnership agreement in Baghdad in June 2021, which led to the consolidation of bilateral cooperation between the two countries and renewed the United Kingdom's commitment to the security, stability and sovereignty of Iraq in the long term. the long. The convening of this strategic dialogue also follows the visit of the Minister of Middle East and North African Affairs, Lord Ahmed, to Iraq and the Kurdistan Region of Iraq from February 28 to March 2, 2023.

 

 

The Strategic Dialogue emphasized the strength and breadth of bilateral relations between the United Kingdom and Iraq, and both governments reaffirmed their commitment to working together for their regional and global interests. The two ministers agreed to develop and expand cooperation in a wide range of sectors, including:

 

The two ministers discussed economic reform, the importance of building a prosperous future for the Iraqi people, and the UK's commitment to supporting Iraq - including through the Iraq Economic Contact Group - as it pursues the major long-term reforms needed to stabilize Iraq's economy and society.

 

Both sides welcomed Iraq's ambitious economic reform agenda - and agreed on the importance of urgently achieving growth that does not depend on oil, creating private sector jobs, and improving access to financing for businesses. They also agreed on the importance of Iraq quickly completing its accession to the European Bank for Reconstruction and Development in 2023, and continuing to work closely with the International Monetary Fund on a long-term program to support Iraq, in addition to joining other international financial institutions, such as the European Investment Bank.

 

According to the joint statement, the UK has committed to sharing its experiences through government-to-government exchanges; And providing bilateral support and technical assistance to achieve economic reform in basic areas such as developing the capabilities of the economy, diversifying sources of government revenues, improving the provision of financing to companies, and facilitating Iraq's accession to the World Trade Organization.

 

Trade With the increase in the volume of trade exchange between the two countries, the two sides held the sixth meeting of the British-Iraqi Trade Council, and the fifth meeting was held in Baghdad in January 2019. Experts discussed ways to encourage more investment in Iraq, and how to overcome obstacles to trade. The Deputy Prime Minister and Minister of Foreign Affairs also met with a number of leading British companies to discuss new business opportunities.

 

The two sides agreed on their intention to complete the Partnership and Cooperation Agreement between the United Kingdom and Iraq as soon as possible, and to present it to the parliaments of both countries this year.

 

Climate and Environment Ahead of COP28 later this year, the two Ministers discussed the importance of working together to address climate change and environmental problems, and agreed to increase high-level communication between the two countries over the remainder of 2023. Both sides welcomed the support from the United Kingdom To further develop and strengthen the Iraq Nationally Determined Contributions. The UK has also raised opportunities to provide technical assistance, including a program to work with the UK Met Office to enhance Iraq's ability to prepare for and respond to sand and dust storms when they occur.

 

Defense and Security The two ministers agreed on the importance of continuing to deny Daesh space to operate in Iraq, and welcomed the commitment of the UK and Iraq to support the Global Coalition against Daesh. They also welcomed the Iraqi government's commitment to protecting Coalition headquarters and the premises of diplomatic missions in Iraq.

 

The two ministers expressed their appreciation for the vital efforts being made by both sides to rehabilitate and reintegrate displaced Iraqis, including returnees from the Al-Hol camp in northeastern Syria, and reaffirmed the importance of international coordination to support ways to reach sustainable solutions for camp residents.

 

The two sides also appreciated the United Kingdom's efforts to work with the Iraqi Ministry of Defense and the Ministry of Peshmerga Affairs on professional military education, and agreed to continue the Iraqi army's participation in officer training courses in the United Kingdom, including at the Royal Military Academy Sandhurst and the Royal Naval College in Dartmouth. and the Royal Air Force College, Cranwell, as well as courses at the Military Academy, Shrivenham, and the Royal College of Military Studies.

 

Recognizing the modern cyber threats, the two sides agreed to strengthen communication between the two countries in the field of cyber security, including through the UK's support for the newly established Cyber Security Directorate of the Iraqi Ministry of Defence.

 

Migration and serious organized crime The two ministers discussed the challenges facing the UK and Iraq in tackling serious organized crime and the drivers of migration. The two ministers reviewed areas of cooperation between the two countries to ensure that immigration is safe and legal, including cooperation in programs aimed at developing a better understanding of the motives of illegal immigration and addressing them, and establishing solid and reliable processes for cooperation in the field of immigration, including reintegration programs. The UK will increase its support for strengthening Iraq's borders through programs agreed upon by both sides.

 

Health Both sides stressed the importance of developing the health sector in Iraq. They welcomed the ongoing British Demographic Transition Programme, at a cost of £35 million, which aims to assist the Iraqi government in providing family planning and reproductive health services in line with Iraqi laws and customs.

 

Human Rights The two ministers discussed the need for continued cooperation between the two countries in the field of human rights, and support for women and girls – especially survivors of conflict-related sexual violence. The United Kingdom welcomed Iraq’s recent efforts to implement the Yazidi Survivors Law, and both sides recognized the support provided by the United Kingdom to launch the reparations application process – through which more than 800 women and girls have begun receiving reparations payments – and to launch the remittance pathway to benefit from Psychological and mental health support services.

 

The two sides also discussed the vital need to assist children born as a result of conflict-related sexual violence, and welcomed Iraq's agreement to consider making voluntary commitments under the Action Platform to highlight the rights and well-being of children born as a result of conflict-related sexual violence.

 

Bilateral and Regional Political Aspects The two ministers welcomed the Iraqi government's efforts to strengthen Iraq's relations with countries in the region in pursuit of cooperation and stability, including through the Baghdad Cooperation and Partnership Conference. The United Kingdom welcomed efforts to connect Iraq to the electricity grid in the Gulf Cooperation Council states, and to establish greater energy links with the region.

 

The Republic of Iraq and the United Kingdom look forward to the conclusion of the strategic dialogue sessions, and to review the progress made by the two countries in the next strategic dialogue session to be held in 2024 in Baghdad, according to the statement.

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Iraq and Britain hold an important climate-related discussion session

• Time: 07/05/2023 23:12:20
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• Read: 1,118 times

  

{Local: Al Furat News} On the sidelines of the meetings of the sixth session of the Iraqi-British Economic Council, which is taking place in the British capital, London, the Iraqi delegation held important discussions related to climate change.

 

And the Ministry of Foreign Affairs stated in a statement that {Euphrates News} received a copy of, that: “The Iraqi delegation was headed by Ambassador Haider Al-Athari, Head of the Europe Department in the Iraqi Ministry of Foreign Affairs, and with the participation of representatives of the Ministries of Finance, Environment, Migration and Displaced, while the British side was headed by Mr. Vijay Rangarajan, Director General of the Department Middle East, Afghanistan, Pakistan, the United States and Canada at the British Department of Foreign Affairs and International Development and in the presence of Mark Bryson-Richardson, UK Ambassador to Iraq. 

 

"The discussions focused on how to enhance cooperation and exchange valuable ideas in the field of combating climate change and strategies for adapting to those climate changes," she added.

 
Al-Athari expressed his appreciation for the British support, noting that one of the priorities of the Iraqi government program is to find appropriate solutions and address the phenomenon of climate change. United Arab Emirates.

 

He explained, "The government's focus is on diversifying Iraq's economy to be less dependent on oil revenues, which currently constitute 90% of Iraq's budget, with a focus on investments in the gas sector and in energy and electricity generation projects, as part of efforts to achieve financial revenues and end Iraq's import of oil products." At the same time, investing in associated gas that eliminates emissions and pollution resulting from that.

 

For his part, Rangarajan affirmed the UK's commitment to assisting Iraq in achieving its Nationally Determined Commitments (NDCs), explaining four main priorities for his country's government in confronting climate change: facilitating access to financing for environmental initiatives, and focusing on climate adaptation.

 

To adhere to the 1.5°C target, use nature-based solutions, and exploit technology to make it available to countries around the world, stressing the importance of the upcoming COP28 meeting as an important platform for countries to assess progress and discuss the realization of NDCs.