OK, well we are getting some interesting news today, starting off with the Security Council has approved Secretary-General's proposal to conclude an agreement with Iraq in order to transfer the Kuwaiti funds being held by the UN Trust Fund to the Iraqi Government so they can be distributed to the appropriate citizens to reflect the correct amounts who remained on the Kuwaiti territory after the border demarcations boundary between Iraq and Kuwait.
This land border deal was completed March 29th, three days early from a red line by the UN's Martin Kobler. This just leaves the maritime border issues that have been agreed upon and should be ready for Parliaments return. Nice find goes out to RSS for finding this article for the Stryker Blog members.
Read More Link On Right
Here is one from Gamaray this morning that talks about the need for new legislation to the Securities Commission to regulate the Iraqi stock market and the importance of entering Iraq's market for securities to the world markets.
It is so important that Iraq amend and re-enact by the way of the House of Representatives their Securities Commission Act because it conflicts with other economic laws according to this article. It looks to me that the Cabinet has made these changes and they too should be ready for Parliaments return.
Here is a quote from another RSS article this morning:
Ministry of Commerce announced near the launch point of Iraq's international trade, stressing that this project will work on the development of the private sector through increases intra-regional trade with the countries of the world.
Now is that not a piece of the puzzle, goes well with all the WTO meetings of late.
Well that one leads me right to the IMF reports that Iraq needs to build buffers by the way of building their private sector, wait they are just about to launch this program above, isn't that interesting.
These buffers will help protect their dependency on the vulnerable energy market.
One more but this doesn't mean that this is all, I will be going over many more tonight on Stryker WebTV & Blog Talk Radio. A few articles out today that are stating by Parliament Economic Committee Iraqiya MP Hassan al-Bayati that the deleting of the zeros from the currency date will be early next year.
Just remember though that they are not in control of the Monetary System, the CBI is and the CBI made an announcement last month on their website wherein they state, not ready at the current time and nothing about next year. If it is next year then we will be right here because you aren't scaring us off.
Have a question that you would like me to answer or you have a comment that you would like me to read on my show tonight, just email me at: info@StrykerBlog.com Thanks for all your support and have a great day. Stryker Blog -