Post From Dinar Updates
Chat Room Excerpts & Highlights
1Bobby & MadDScout News Time 11-3-16 Part 3 of 3
ABNewsflash says to 1bobby():Speaking of International Fair
1bobby says():Trade: Baghdad international exhibition portal for collaboration and by about investments in Iraq
2016-11-02 at 14:31 Baghdad scales news
The Commerce Department said Wednesday that the success achieved by this year's Baghdad international fair confirms Iraq's willingness to cooperate in economic partnerships with the world as well as a way to attract foreign investments and Arabic in Iraq.
The Ministry said in a statement/balance of news copy, "the 43 session of the Baghdad international fair confirmed Iraq's keenness to continue cooperation and interaction with the economic developments in various industries as well as information technology cooperation mechanisms for industrial, agricultural and commercial sectors in Iraq with their counterparts in the States and companies participating in the exhibition.
She explained that "the efforts of the Ministry of Commerce and General company for Iraqi opposition in preparation for the upcoming international expositions will be more spacious after stabilizing the security situation and eliminate the ISIS permanently in Iraq as security forces courage to expel terrorists from all cities of Iraq which opens doors wide to Arab and international presence at future sessions of the Baghdad international fair and the rest of the specialized exhibitions in Iraq and that the Ministry has paid much attention to her regularly in most provinces.
1bobby says():She noted that "the next stage requires high level coordination efforts to establish a broad government program involving Governments, institutions, organizations and economic communities to go to every country in the world to attract companies with the aim of broad participation and genuine partnerships take into consideration economic and Iraq's potential ability in dealing and interacting with economic trends, particularly since Parliament important laws began investing and how to attract capital for investment projects or economic companies."
She praised the "considerable public support for the Baghdad international fair, through official and grass-roots presence which lasted for two days and is an indicator of the success of the show and a message to all the world that the confidence of the people of Iraq
fighting but builds and other efforts," lived, inviting people to visit the exhibition "intensively being national duty owed the momentum of battle and convey a message to Iraq."
Read More : http://www.dinarupdates.com/showthread.php?43277-Trade-Baghdad-international-exhibition-portal-for-collaboration-and-by-about-investm
1bobby says():The Fair has been all over the news and will set up all kinds of investment possibilities
ABNewsflash says to 1bobby():I saw in article related to this about a certain prince finally making the conference this year in which he refused in the past
MadDScout says():This international fair was a shot in the arm for Iraq
MadDScout says():Lot of good information was gleened
1bobby says():Iraq's willingness to cooperate with the world. This fair last 10 day's so we'll see more and more on this
MadDScout says():Anyone have anything to add or ask?
1bobby says():Now will this add to the advancement of the Investment Law? It should
MadDScout says():I gotta say it may seem a little slow in here but the news is rockin'
SRW says to MadDScout():(y)
MadDScout says():Does anyone have anything we have not covered so far they have a question about?
1bobby says to MadDScout():I agree. Just dip into the chat logs and forums
SRW says to MadDScout():The fair that is being discussed. Is that the fair that took place in Jordan about a month ago?
MadDScout says to SRW():No this one was in Baghdad
SRW says to MadDScout():Okay.. Thanks
MadDScout says():Baghdad International Exhibition
MadDScout says to SRW():(y)
MadDScout says():Located on the Baghdad fairgrounds
MadDScout says():Bobby do you have that report ready?
1bobby says():Financial income doubled: after application of the customs tariff
03/11/2016-10:39 General Customs authority confirmed Thursday, financial revenue doubled after applying the tariff Act.
The Director General Kazim Ali Abdulla in a press statement that "the direct implementation of the resolution was 413 for 2015 issued by the Council of Ministers directed the introduction of tuition fees Act tariff evoke achieve financial revenues contributed to the economic crisis and the revival of the overall budget and offset declining oil prices."
He noted that "revenues have doubled since the introduction of the law, pointing to take resolute action to apply it properly by relying on competencies and active plans by customs."
Revealing "a comprehensive plan and vision for the future of the attribution of State revenue, and sustainability of government financial liquidity, as it was approaching the Treasury and Cabinet for study and entered into force, and we hope to come during implementation approvals."
"The central region Customs made a good amount of tariff revenue last month, distributed between the Central Customs Headquarters walshalgih and yellowish, with fees collected from 7409 load trucks, in addition to establishing 1449 sued law enforcement irregularities customs and tariff retrieval."
Read More : http://www.dinarupdates.com/showthread.php?43300-Financial-income-doubled-after-application-of-the-customs-tariff
MadDScout says():Non-Oil revenue
MadDScout says():Those who are in charge of the ports are awaiting the more equal distribution of the tarrif laws
1bobby says():This almost speaks to the Article 8 question. We know that some areas are not being treated like other areas where tariff's are collected. So the tariff's are working, they just need some smoothing out
MadDScout says():More and more they talk taxes in the news also
1bobby says():But to double the tariff income is crazy good.
1bobby says():As MadScout said, more non oil revenue
MadDScout says():Imagine with full reforms implemented
MadDScout says():Many non-oil startups as well
MadDScout says():Investment coming to many areas
1bobby says():Local investment is skyrocketing. Now bring on the Internationals
1bobby says():Look at Toyota lately
MadDScout says():Iraqi insurance: integration with the national face of legal and administrative measures
Views 26 Date 29/10/2016 - 18:20
Economy News / Baghdad ...Iraqi insurance company confirmed that the issue of the integration of the national insurance company it will face administrative and legal proceedings take a long time to take years for the completion of the resolution of administrative and financial belongings, because of the nature of the rules of procedure for each of the two companies.
MadDScout says():The company said in a statement received "Economy News" that the integration of state-owned companies, especially insurance, requires a thorough study of the formation of specialized committees of the fact that the integration process are complex and not easy given the nature of the work of the two companies.
It showed that paragraph (2) of Article (50) of the organizing work of the Insurance Act stipulates "the faithful wishing to merge submit a request to the Cabinet attached with all the necessary reports and data specified by the Chief of Staff instructions issued for this purpose", asserting that the company did not apply for the merger has not issued about SAB (insurance Bureau) instructions and did not request any data on the subject.
MadDScout says():He pointed out that, based on the rules of procedure of the company board of directors of Iraqi insurance company decided not to approve the merger of the fact that the company's profit-making companies that have achieved their plans did not provide application integration, but its board's decision was a reference to the specialization Ptominac life.
The statement added that the structure of the Iraqi insurance company completely different from the structure of the National Insurance Company as well as the rules of procedure of each, along with the nature of the work of the branches and offices of the two companies operating in all provinces.
1bobby says():So Insurance is being, or will be privatized
MadDScout says to 1bobby():Yes
1bobby says():That would be a huge income maker for the private sector
1bobby says to SRW():LOL love it!
Gigi813 says():So all of these figures will be applied towards their GDP correct?
MadDScout says to Gigi813():Thank you for your question
MadDScout says():If there are no more questions?
Gigi813 says():helping to establish the value of their currency
MadDScout says():Yes and non-oil revenue streams
Gigi813 says():whoop whoop
1bobby says():I would like to add to the room. Holly1 brought in some good stuff today as I was copying. Please go to the chat logs and check it out. She works hard to bring us that info and should be much appreciated
MadDScout says():I would like to thank everyone for putting up with us and hanging in there.
1bobby says to MadDScout():We're gettin better huh lol
baxter says():Thx you Two..... I love your Newstime.... (y)
BGG says():Thank you guys SO MUCH for being part of the DU TEAM!!
magnetlady says():Awesome MadDScout and 1 bobby and everyone
1bobby says():Appreciate everyone being here
magnetlady says():Thanks so much
MadDScout says():I will now return controll of your chatroom over to the proper authorities
scottiegirl says():Thank you guys! I'll have the link posted "soon". Don't ya'll hate that word? lol
larrykn says():thank you guys for doing such a great job
MrsBGG says():Thank you MadDScout & 1bobby!!
suprkat53 says():Thanks guys - you rock!
Read More :http://www.dinarupdates.com/showthread.php?43322-NEWSTIME-WITH-MadDSCOUT-AND-1BOBBY-et-al-Thursday-November-3-2016