Iraq signed an agreement with Britain in the field of economic cooperation and banking

[patriotic party girl]

9.10.2011 | (Voice of Iraq) - (Rn) The Iraqi government announced that it has signed a preliminary agreement on Sunday in Baghdad with the United Kingdom to develop economic cooperation and banking between the two countries. The Economic Adviser in the Iraqi government peace Qureshi, told the Kurdish news agency (Rn) "The governments of Iraq and Britain concluded a preliminary agreement to develop cooperation in matters of economic, financial and banking between the two countries as a prelude to a final agreement will continue until the year 2016." He pointed out that "the agreement was concluded this afternoon (Sunday) in the capital Baghdad and signed by Iraq and the agents of the Ministry of Finance, and by the British representatives of the British Treasury. " The Quraishi that "the agreement based on mutual benefit and mutual includes improving the economic situation in Iraq and the development of banks and convert them to the banks advantage of attributes of a global financial." He continued by saying that "the agreement focuses on transforming the work of government banks to the clearing of electronic and activation of the protection measures, "adding that" the Kingdom of the British Government will support Iraq in all economic fields. " The Council of Ministers of new mechanisms to facilitate the opening letters of credit for less than four million dollars through activating the role of private banks, which aims to stimulate trade in the country. depends the Iraqi government in its financial transactions on the government banks by up to 85 per cent. The total capital of banks, Iraqi Special billion and $ 600 million currently, except that owned by the branches of Arab and foreign banks operating in the country. From: Jafar Allonan. Open: Abdullah Sabri

http://www.sotaliraq.com/business.php?id=4248

[OregonHopeful]

so maybe Iraq will peg to the British pound and RV?

[DAME1]

Gosh....here's hoping Maybe that will light a fire under their rears to use dinars instead of dollars...not that there's anything wrong with using dollars....Everything has it's place ....

Now RV dang it!!!!!!!!!!!!

[MrDinarman]

so maybe Iraq will peg to the British pound and RV?

Peg it to the Atlantis Sea Shell for all I care... just do something!!

[quantumleap]

so maybe Iraq will peg to the British pound and RV?

MY THOUGHTS EXACTLY!

[Danneedsrvnow]

so maybe Iraq will peg to the British pound and RV?

Sure sounds plausible!

[easyrider]

so maybe Iraq will peg to the British pound and RV?

honestly it would not surprise me because shaabbs knows the dollar is gonna fall its not stable even the IMF has warned. So if i were them i would peg it to the the british pound but whatever just peg it to something.