tlm724] lightingcslt I want to show you something since we are discussing the Strategic Framework Agreement
[tlm724] section V: Economic and Energy Cooperation of the SFA
[tlm724] 2. Maintain active bilateral dialogue on measures to increase Iraq's development, including through the Dialogue on Economic Cooperation (DEC) and, upon entry into force, the Trade and Investment Framework Agreement
[tlm724] I found the actual Trade and Investment Framework Agreement which is a huge part of the SFA
Read More Link On Right
Trade and Investment Framework Agreements (TIFAs) provide strategic frameworks and principles for dialogue on trade and investment issues between the United States and the other parties to the TIFA.
Although the names of Framework Agreements may vary, e.g., the Trade, Investment, and Development Agreement (TIDCA) with the South African Customs Union, or the United States-Icelandic Forum,
these agreements all serve as a forum for the United States and other governments to meet and discuss issues of mutual interest with the objective of improving cooperation and enhancing opportunities for trade and investment.
[tlm724] I want to show you parts of that agreement, kind of an agreement within an agreement
TRADE AND INVESTMENT FRAMEWORK AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF THE REPUBLIC OF IRAQ CONCERNING THE DEVELOPMENT OF TRADE AND INVESTMENT RELATIONS
[tlm724] just going to show a lil of it that I thought was interesting
Recognizing the urgent need to revive Iraq's economy, bolster private-sector development and further Iraq's reintegration into the world economy, and noting the work of the U.S.-Iraq Joint Commission on Reconstruction and Economic Development to advance these objectives
[tlm724] further Iraq's reintegration into the world economy
Recognizing the importance of fostering an open and predictable environment for international trade and investment
[tlm724] international trade = WTO imo
To identify and work, toward the removal of impediments to trade and investment
[tlm724] remove the things that keeping them from trading one of which was chapter 7 leaving just tariffs and WTO left to do
ARTICLE SIX This Agreement shall enter into force on the date on which the Government of the Republic of Iraq notifies the Government of the United States of America that all legal requirements for entry into force of this Agreement have been fulfilled
[tlm724] ARTICLE SIX This Agreement shall enter into force on the date on which the Government of the Republic of Iraq notifies the Government of the United States of America that all legal requirements for entry into force of this Agreement have been fulfilled
[tlm724] thats important ^^^^
[tlm724] so Iraq must notify us they are ready and Maliki is heading to Washington on Nov 1st and IF they are ready do you realize what that means ?
[sisterbreen] tlm724 rv ?
[tlm724] well I don't know about that sis but it means this they may be ready to fully implement the tariffs on ALL goods and perhaps the accession process into the WTO is coming to its end and with that comes a recognized currency worldwide, just saying IMO