Sager » May 6th, 2014 Am I reading this correctly? Are they saying they have now moved to Chapter 6 of the UN?!!! There are TONS of golden nuggets in this piece! Thank you WS!! Sager
Kelly123: WOW .... that there is no longer legal barriers nor political nor economic sanctions prevent us from communicating with world. I sure love the sound of that!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
jaxjags » May 6th, 2014, IMO,........IMO,.........this article is written in the "past tense". In other words, the author is speaking about what has happened since the move into the monitoring under Chapter 6 of the United Nations Security Council.
hawger03 :There is one small legal barrier yet in place. Iraq still needs an internationally recognizable currency. Without that, nothing happens. GO RV!!!
Sager » May 6th, 2014, I've highlighted some of the nuggets below!!! Sager
walkingstick » May 6th, 2014, Details Created on Tuesday, 06 May 2014 00:27
Economists: Iraq's entry into the sixth item dealings revived global economic and trade
The positive effects will be reflected in the banks that are forced to resort to secondary agents Baghdad, Abdul-Ghani al-Saidi
After the great efforts made by Iraq in the international arena since the fall of the former regime and until the present time, was able to finally get out of the threat of sanctions and obligations in accordance with UN Security Council Resolution No. (661) for the year 1990, after the invasion of Kuwait, in accordance with the provisions of Chapter VII of the Charter of the United Nations to move to Sixth item to open the front of the broad areas in his dealings economic and trade relations with the world
.. A member of the parliamentary Economic Committee Amer Hussein Fayez told Baghdad State / WAP /: that the entry of Iraq to the sixth item open wide field in front of Iraq's Government economic and trade relations with countries around the world that were considered to him in a non-confidence when he was under Chapter VII., and pointed out that Iraq in the event of the exercise of any activity or action contrary to the provisions of Chapter VI will be brought back to the paragraphs of Section VII, and that the occurrence of Iraq under Chapter VI would not have any case of an impact on the economic reality , will work to increase the inflation that exists already in it.
between Hussein that this is shoveled obstacle to Iraq to exercise its role of regional and international in its dealings global trade, and keep in front of us on the inside is hard work and long, because we have emerged from the lesser jihad to the greater jihad in order to repair the internal situation and the development of interests of the country above partisan interests, sectarian and provide security and stability. while said economic expert gentle Abdul Salem Ugaili, that the entry of Iraq to the sixth item will work to rid Iraq of a lot of penalties, which was underneath in Section VII, and the international community has confidence in dealing with Iraq, especially the economic side and financial, and the delaying for a long time for it on the world of advanced technology in the field of economics and finance.
added that the item behind the economic damage is great, where pay international companies in various fields of work away from Iraq, after being the financial system significantly affected the sovereignty Iraq in general. He added that the positive effects which will be reflected and directly to government banks that were forced to resort to agents secondary in order to perpetuate its foreign relations, which would have cost extra money and expressed the hope that this will contribute to the achievement of developmental renaissance in Iraq.
Said Ugaili that Iraq's debt to Kuwait will be transformed into investments in accordance with the decisions of the withdrawal of Iraq from Chapter VII and his transformation into the sixth. his part, said economic expert Hatem Alboati L / WAP / coming out of the provisions of Chapter VII requires a pause urgent financial sector and private sector banks, which will be faster beneficiaries to enter the global financial market It is wider doors, noting that Iraq seize the opportunity and develop its sector Bashklah public and private sectors, through partnerships and the formation of relationships with leading global banks known. added that it is time for the banks to develop their electronic instructions and method of work and foremost a way of thinking and management, as well as the expansion of the network branches inside and outside Iraq,