Negotiating with the United States to extend protection to Iraqi funds

[alan_coaks_3]

18/04/2011

Financial confirmed it seeks to cancel the external debt

BAGHDAD - Wafaa Amer

Ministry of Finance announced that a delegation headed by Minister Rafie al-Issawi is currently negotiating in the United States on the extension of protection to the Iraqi funds abroad, due to expire in early June, while confirming its efforts to cancel debt owed by Iraq and resorting to the Paris Club agreement in this regard.

An official source at the ministry's "morning," said Minister of Finance Dr. Rafie al-Issawi directed at the head of government delegation to the United States to negotiate with Washington on the issue of extension of protection to the Iraqi funds abroad.

He pointed out that this step is one of the mechanisms within the package taken by the government to Toviralhamaip its money abroad, especially as the term of protection of this money will end with the beginning of June. The source stressed the importance of finding alternative solutions to protect the money and is not endangered in the event of failure to reach agreement on the extension of protection, pointing out that the ongoing meetings with officials in the United States to find appropriate solutions for it. The source added that the delegation held meetings with the ministers of a number of creditor nations of Iraq, on the sidelines of the meetings, which raised the possibility of debt relief for Iraq, saying at the same time the opportunity is now appropriate to try to apply the Paris Club agreement between Iraq and its creditors.

Other hand, the source pointed out that there is a project proposal submitted by a number of experts to open a branch of the International Fund for Iraq, adding that this step will, if implemented, in the formulation of strategic economic actors in the coming years, in addition to the World Bank and IMF will be on direct contact with the economic activities of Iraq and the events associated with them, either through the relevant ministries or chambers of commerce, industry and investing parties, and will facilitate the international bodies the development of methods and plans to help Iraq, especially in the provision of employment opportunities, which are the main challenges facing the Middle East during this stage , according to the source.

My link

[k98nights]

Interesting

[Papster]

* Negotiating with the United States to extend protection to Iraqi funds

April 18th, 2011 01:44 am · Posted in NEWS (Iraq & World Currency)

18/04/2011

1

Financial confirmed it seeks to cancel the external debt

BAGHDAD – Wafaa Amer

Ministry of Finance announced that a delegation headed by Minister Rafie al-Issawi is currently negotiating in the United States on the extension of protection to the Iraqi funds abroad, due to expire in early June, while confirming its efforts to cancel debt owed by Iraq and resorting to the Paris Club agreement in this regard.

An official source at the ministry’s “morning,” said Minister of Finance Dr. Rafie al-Issawi directed at the head of government delegation to the United States to negotiate with Washington on the issue of extension of protection to the Iraqi funds abroad.

He pointed out that this step is one of the mechanisms within the package taken by the government to Toviralhamaip its money abroad, especially as the term of protection of this money will end with the beginning of June. The source stressed the importance of finding alternative solutions to protect the money and is not endangered in the event of failure to reach agreement on the extension of protection, pointing out that the ongoing meetings with officials in the United States to find appropriate solutions for it. The source added that the delegation held meetings with the ministers of a number of creditor nations of Iraq, on the sidelines of the meetings, which raised the possibility of debt relief for Iraq, saying at the same time the opportunity is now appropriate to try to apply the Paris Club agreement between Iraq and its creditors.

Other hand, the source pointed out that there is a project proposal submitted by a number of experts to open a branch of the International Fund for Iraq, adding that this step will, if implemented, in the formulation of strategic economic actors in the coming years, in addition to the World Bank and IMF will be on direct contact with the economic activities of Iraq and the events associated with them, either through the relevant ministries or chambers of commerce, industry and investing parties, and will facilitate the international bodies the development of methods and plans to help Iraq, especially in the provision of employment opportunities, which are the main challenges facing the Middle East during this stage , according to the source.

http://www.alsabaah.com/ArticleShow.aspx?ID=613

[rsskelton]

Just say no.

[Papster]

Just say no.

Just say......ok mof you rv your currency......and we might extend the protection

[rsskelton]

Just say......ok mof you rv your currency......and we might extend the protection

I like yuor answer better

[Islandgirl7]

Hmmmmm...maybe we will maybe we won't..How about you RV and will discuss it.... Thanks for the post....

[zaborniake]

Yes. RV and then we'll talk. It's time to take the training wheels off.

[Danneedsrvnow]

I am guessing that if Iraq does get the extension, that will mean a possible longer wait for the rv.

[jlldrs]

If this is an extension to the DFI funds which ends at the end of June, we may all be in for a longer wait.

What a misinformation campaign coming out through the media, I think it was just last week that an article came out saying they were not going to seek an extension.

[CSTEP]

Nujaifi: Washington will extend the protection of Iraqi funds for another year

رئيس مجلس النواب اسامة النجيفي House Speaker Osama Nujaifi

18.04.2011 18.04.2011

خالد وليد Khalid Walid

اعلن رئيس مجلس النواب اسامة النجيفي ان المجلس ينتظر تقريرا من الحكومة العراقية يتضمن امكانيات القوات العراقية البرية والبحرية والجوية على الامساك بالملف الامني والسيطرة عليه، ليحدد المجلس بعد ذلك حاجة العراق بقاء قوات اميركية في العراق من عدمه. Speaker announced Osama Najafi, said the council expected a report from the Iraqi government, includes the possibilities of Iraqi forces, land, sea and air to catch the file security and control, to determine the need for Iraq after the American troops stay in Iraq or not.

واوضح النجيفي خلال مؤتمر صحفي عقده في مبنى مجلس النواب الاثنين ان المجلس سيحدد موقفه من حاجة العراق الى قوات اميركية بعد ان تقدم الحكومة تقريرا مفصلا الى مجلس النواب عن قدرات القوات العراقية البرية والبحرية والجوية. Najafi said during a press conference held in the House of Representatives Monday that the Council will determine its position on the need for Iraq to U.S. forces after the government provides a detailed report to the House of Representatives about the capabilities of Iraqi forces, land, sea and air.

وعلى صعيد المحور الامني اكد رئيس مجلس النواب ان ما شهدته بغداد وعدد من المحافظات العراقية من اعمال عنف جاء نتيجة بقاء الحقائب الوزارية الامنية شاغرة بسبب تقصير الكتل السياسية في الاتفاق على الوزراء الامنيين، مشيرا الى ان رئيس مجلس الوزراء لا يستطيع ادارة اربعة وزارات امنية بمفرده. At the level of axis security Speaker confirmed that witnessed Baghdad and several provinces of the violence was the result of the survival of portfolios security vacant due to failure of the political blocs to agree on a cabinet security, noting that the Prime Minister can not manage the four ministries of security alone.

وحول تحرك دول الخليج لالغاء القمة العربية المقبلة في بغداد اوضح النجيفي ان مؤتمر وزراء الخارجية العرب الذي سيعقد قريبا سيحدد ما اذا كانت القمة ستؤجل أم لا، مشيرا الى ان الغاء القمة العربية المقبلة أمر غير مقبول بالنسبة للعراق، وسيضر بالعلاقات العربية العراقية، واضاف ان وعلى الدول العربية ان تراجع موقفها من القمة لانها مهمه لهم ولنا. And on the movement of the Gulf states to cancel the upcoming Arab summit in Baghdad said Najafi, the Conference of the Arab Foreign Ministers to be held soon will determine whether the summit was postponed or not, noting that the cancellation of the next Arab summit is unacceptable for Iraq, and will harm the relations of Arab Iraq, adding that the Arab states must review its position from the top because they are important to them and us.

وحول تعرض الاموال العراقية في صندوق اعمار العراق الى مطالبات قضائية من دائنين بعد رفع الحماية الاممية عن هذه الاموال نهاية حزيران المقبل اكد النجيفي ان العراق ابرم العديد من الاتفاقيات لحماية هذه الاموال، وسيصدر الرئيس الاميركي قريبا قرارا بتمديد الحماية الاميركية لهذه الاموال سنة اخرى، مشيرا الى ان التقارير الاولية تؤكد ان اموال العراق لن تتعرض لمطالبات قضائية بعد رفع الحماية الاممية عنها. And about the exposure of Iraqi funds in a fund reconstruction of Iraq to the claims court by creditors after the lifting of protection the hybrid for the money end of next June, said Nujaifi that Iraq signed several agreements to protect these funds, will be the U.S. president will soon decide to extend a U.S. protectorate of the money for another year, adding to Initial reports confirm that Iraq's money will not be exposed to claims in a lawsuit after the lifting of protection by the hybrid.

http://translate.google.com/translate?hl=en&sl=ar&u=http://www.iraqhurr.org/&ei=Y5ysTbStKMLf0QH8rsX5CA&sa=X&oi=translate&ct=result&resnum=1&ved=0CCYQ7gEwAA&prev=/search%3Fq%3DIRAQHURR%26hl%3Den%26prmd%3Divns

[inheritance]

Hate to say it, but I seen this coming. Unfortunately I do not see an RV until next year.

[inheritance]

I am going to have to say that if the US government thought that the RV was eminent there would be no need to raise the debit ceiling.

[easyrider]

just calm down and wait patiently. Let this play out as it should if its another year than so be it. All we can do is keep positive.

Edited April 18, 2011 by easyrider

[inheritance]

just calm down and wait patiently. Let this play out as it should if its another year than so be it. All we can do is keep positive.

LOL! I am calm it’s an investment, and it takes time. I am just letting some who believe we are at the end to be ready to wait longer. I can wait as long as it takes because I know in the end I will make good money.

[speculatorsRIDE]

Not so fast, it doesn't say it is extended it says will soon decide to extend. Doesn't look like a done deal to me. Looks like a lot of smoke and mirrors to me.

[CSTEP]

Not so fast, it doesn't say it is extended it says will soon decide to extend. Doesn't look like a done deal to me. Looks like a lot of smoke and mirrors to me.

Washington will extend the protection of Iraqi funds for another year

ITS THE FIRST LINE.WHAT ARE YOU TALKING ABOUT

[NevadaAl]

" And about the exposure of Iraqi funds in a fund reconstruction of Iraq to the claims court by creditors after the lifting of protection the hybrid for the money end of next June, said Nujaifi that Iraq signed several agreements to protect these funds, will be the U.S. president will soon decide to extend a U.S. protectorate of the money for another year[/u], adding to Initial reports confirm that Iraq's money will not be exposed to claims in a lawsuit after the lifting of protection by the hybrid."

This is from the last paragraph in the above article...tells me that this is still not a done deal.

[dhr05b]

Washington will extend the protection of Iraqi funds for another year

ITS THE FIRST LINE.WHAT ARE YOU TALKING ABOUT

check the last line

[cgbrown]

Adam, Where art thou?

[olivesman]

Translated via SOFTWARE. VERY open to differing interpretations, I think.

[hame55]

" And about the exposure of Iraqi funds in a fund reconstruction of Iraq to the claims court by creditors after the lifting of protection the hybrid for the money end of next June, said Nujaifi that Iraq signed several agreements to protect these funds, will be the U.S. president will soon decide to extend a U.S. protectorate of the money for another year[/u], adding to Initial reports confirm that Iraq's money will not be exposed to claims in a lawsuit after the lifting of protection by the hybrid."

This is from the last paragraph in the above article...tells me that this is still not a done deal.

Exactly - not a done deal. The prez will decide...they are protecting the funds from creditors if need be...that's the way I read it.

[Aqua Dude]

I am going to have to say that if the US government thought that the RV was eminent there would be no need to raise the debit ceiling.

debt ceiling HAS NOT been raised, and Iraq HAS NOT told the US to stay longer

this is all speculative info to the like of disinformation

[NevadaAl]

When reading the HEADLINES ONLY make sure you read the article, because there have been plenty of times that the headlines definitely don't match-up with what is in the body of the article. The meanings are mostly lost in translation of the articles, especially through google and yahoo.

[coldwarvet]

Always consider the source. Any links to be able to verify authenticity/legitimacy?