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WHATS LEFT FOR THIS TO RV....ANYTHING CAN HAPPEN


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Whats left and its status….

Key elements which remain include (completion of all or part of this list could result in the RV):

  • Seating a complete government – This is currently being debated during the GOI summer recess and will soon be brought to the Iraqi Parliament
  • Vote on investment law – Articles would suggest this is on the next parliamentary session agenda
  • Transition to free trade (global) market economy /Article VIII – This will likely occur Post Chapter VII release
  • Vote on oil and gas law (HCL) – Articles would suggest this is on the next parliamentary session agenda
  • Kuwait/Iraq resolve outstanding issues – Issues regarding demarcation of the border, missing bodies, and return of antiquities appear to being near resolution. However the recent events involving the construction of Mubark Port in Kuwait has started some more talks regarding demarcation issues. This may require UNSC intervention if negotiations between the two countries fail.
  • Release from UNSC Chapter VII – Articles suggest this will happen on or before June 30…this is pending Iraq-Kuwait relations.
  • DFI Exit Strategy – In process. Iraq,US,UN, and IMF are fortifying the exit strategy now preparing for June 30
  • Becoming a full member of the WTO (ascension) – Iraq is currently in process of seeking full membership. This will occur likely post Chapter VII release.

Conclusion

This has been a long hard road for many IQD investors. The ups and downs have been more nauseating than the fearful roller coaster ride you took as a kid. But like the carnival ride this shall too end.

I believe we are in the final chapters of this investment. Everything we have been looking for to occur has happened or in the process of happening.

There is truly not much to say other than find that small piece of patience still left in your body and lean on it just a little while longer. Keep your faith. This is happening... SO PLEASE,TAKE YOUR BARF BAG AND THROW IT IN THE TRASH WHEN EXITING THE RIDE..TY AND HAVE A PLEASANT DAY.. :D

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Thanks for summarizing this. Your checklist coupled with reading the 'body language' of the world news really links the "puzzle pieces" together in understanding what is occuring in Iraq and what they are trying to overcome.

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