EVERYTHING IS DONE ON A 30 DAY LETTER OF CREDIT IN INTERNATIONAL FREIGHT. WE HAVE SEEN ARTICLES THAT THEY ARE RECEIVING SHIPS FROM RUSSIA, GERMANY, ALL OVER. PAYMENT FOR THE SHIPMENT WILL BE DUE 30 DAYS AFTER SHIP RECEIVED AT THE PIER.
Read More Link On Right
INCIDENTALLY, THIS IS THE END OF THE MONTH. END OF THE QUARTER.
They won't affect the RV. It will come in at what ever rate they have planned all along and it is already done. There is no way they could have opened the window trade and the harmonic tariff system with out it.
Actually, I believe that a change in the monetary policy was absolutely necessary to have opened the window system. I don't think that with the minimum of 3 exchange rates that Iraq currently has, that there is anyway that it could have been done without a consolidation of rates in some way.
It has to be internationally recognized and trade-able and it had to have been done at sometime prior to June 1st. The million dollar (literally) question here is, how long can they hide it?