Post From Wealthwatch.world Chat Room
Wealthwatch Chat Room News & Comments 6-7-16
*SCZIN11: THIS IS GREAT NEWS ... WTO HELP REQUESTED
*SCZIN11: Iraq looking withthe European Unionto jointhe WTO action 07/06/2016 12:30 Number of Views: 54 [dir=ltr] Long-Presse / Baghdad The Ministry of Commerce, on Tuesday, that Iraq needs a solid institutions recognized by the nations of the world as in some Arab countries, let alone discussed with the EU Commission to help Iraq to join the World Trade Organization.
The Director General of the Department of Foreign Economic Relations at the Ministry of Commerce Hashim Mohammed Hatem in a statement received (range Press) copy of it, that "the meeting brought together representatives of the Directorate with the President of the EU Commission in Iraq to discuss the requests submitted by Iraq to the European Union mission, which is for offering aid to Iraq According to the partnership agreement between the two parties. "
He said Hatem, "The meeting witnessed ask a lot of issues that concern Iraq in customs areas in addition to helping Iraq in the technical aspects of joining the World Trade Organization regarding the team trained negotiator in the field of intellectual property rights, as well as to discuss the establishment of recognized institutes possible that certificates pertaining to intellectual property and granted on the granting trademarks or something like that. "
Hatem said that "Iraq's need to possess solid institutions recognized by the nations of the world, as in Lebanon, Egypt and other Arab countries," pointing out that "the meeting also discussed the financial crisis plaguing Iraq as a result of the current low oil prices."
He said Hatem that "the two sides and the situation paragraphs of introductory to hold future meetings during the month of September, in addition to a meeting of the European Union with the Iraqi Foreign Minister Ibrahim al-Jaafari,
which is hoped to be held during the month of November," adding that "the aim of this meeting is the development of bilateral relations between Iraq and the European Union in order to develop the economic potentials in all fields. " And the World Trade
*SCZIN11: And the World Trade Organization, which was founded in 1995, is one of the youngest international organizations-lived, as the WTO is the successor to the General Agreement on Tariffs and Trade (GATT), which established in the aftermath of World War II.
And despite the fact that the WTO is still the modern multilateral trading system, which was originally set up under GATT he has reached fifty years old, and celebrate the golden jubilee of the system in Geneva on May 19, 1998 in the presence of many heads of state and government leaders.
chattels: Cabinet approves a memorandum of economic policies between Iraq and the International Monetary Fund
chattels: Cabinet approved during its meeting of Tuesday, the economic and financial policies that have been reached between the Iraqi side and the International Monetary Fund, according to the book particularly the Ministry of Finance memorandum follows ...
chattels: A / the question remains as to whether parliamentary action is required under the Iraqi Constitution / law. ?
OOTW: THANKS TO SCZIN11
OOTW: THIS IS HUGE EVERYONE
OOTW: FROM THE PM SITE 7 - 6 -201 6 based on the requirements of the national interest and the continuation of theapproach of comprehensive reforms announced by the Prime Minister Dr. Haider al - Abadi has sovereignty ordered Dioanaa appointed new managers in each of the Commercial Bank and the Rafidain Bank and Rasheed Bank and the bank 'sreal estate Industrial Bank and the Agricultural Bank.
With the aim of revitalization of the banking sector and Sir national strategy to stimulate the economy and create jobs and implement the launch of loans for industrial projects, residential and commercial citizens the best formula,
according to the government 's plans.also it issued its sovereignty order to exempt the national intelligence Service and the assignment of the President of the Iraqi media network to retirement. Information Office of the Prime Minister June 7, 2016
Doug_W: what does that mean OOTW?
OOTW: AT FIRST GLANCE IT SEEMS TO ME THAT ABADI WANTS TO HAVE THE GOVT TAKE OVER THESE BANKS
OOTW: IS THIS FOR PRIVATIZATION PURPOSES, IN ORDER TO GET THE ECONOMY GOING? VERY WELL LIKELY/PERHAPS
OOTW: HERE'S MORE BIG NEWS
OOTW: AND THANKS AGAIN TO SCZIN FOR CUE=ING ME ON THIS..I DID SOME DIGGING AND FOUND THIS
OOTW: WTO: 2016 NEWS ITEMS 23 May 2016 WTO TRAINING COURSES Advanced Trade Policy Course gets under way in Geneva Twenty-eight participants from around the world are attending the two-month Advanced Trade Policy Course (ATPC) from 23 May to 15 July 2016 at the WTO headquarters in Geneva.
The course was opened by the patron, H.E. Mr Junichi Ihara, Permanent Representative of Japan to the WTO, and Ms Bridget Chilala, Director of the WTO’s Institute for Training and Technical Cooperation.
MORE: The ATPC represents the highest level of training (level 3) in the WTO's progressive learning programme and is targeted at participants who already possess a sound knowledge of the WTO and its agreements.
The course will help the participants develop and apply practical skills on issues including: the analysis, formulation and implementation of trade policy; trade negotiations; dispute settlement; and trade monitoring.
Both legal and economic aspects of WTO rules and disciplines will be examined in interactive sessions including case studies, simulations and exercises.
Roundtable discussions will provide a platform for practical exchanges, sharing of experiences and best practices as well as debating present-day trade-related topics. Participants will also be expected to prepare and deliver a presentation relating to a trade policy topic.
At the opening of the course, participants were encouraged to adopt a critical and constructive approach, keeping in mind their home country's perspective and their common interest in the rules-based multilateral trading system.
In addition, participants were urged to be proactive and engaged in order to benefit from an exchange of ideas, perspectives and opinions and to enhance their capacity to work autonomously in conducting WTO-related work. List of the participants
OOTW: Tharwat Akram Salman SALMAN, Iraq
OOTW: "The ATPC represents the highest level of training (level 3) in the WTO's progressive learning programme and is targeted at participants who already possess a sound knowledge of the WTO and its agreements. "
Doug_W: ty OO
OOTW: SURE THING DOUG
OOTW: SO THE WTO AND IRAQ (AND OTHER COUNTRIES) ARE WORKING TOGETHER TO FIRM UP THEIR TRADE POLICIES
OOTW: "HIGHEST LEVEL OF TRAINING"
OOTW: THROUGH JULY 15 2016
*SCZIN11: FOLKS, THE BELOW IS SO TELLING AS TO THE DIRECTION IRAQ IS HEADING, WAR OR NO WAR...LOW OIL PRICES, OR HIGH....
MP RESHUFFLE AND ELIMINATION AND/OR MINIMIZING OF CORRUPTION OR NOT! REMEMBER, THEY CAN NOT BE A MEMBER OF THE WTO WITHOUT AN INTERNATIONAL RECOGNIZED AND TRADEABLE CURRENCY..PERIOD..
THAT IS FACT, AND YOU HOPEFULLY CAN TAKE THAT TO THE BANK-.......SOOOOOON:)
IT DOESN'T MEAN THEY MUST BE FULL MEMBERS BEFORE A CHANGE IN CURRENCY VALUE, NOR DOES IT GUARANTEE A CURRENCY CHANGE IN VALUE WHEN THEY DO GET IN...
THE KEY IS AN UNDERSTANDING OF WHAT A TRUE VALUE...A REAL VALUE...IS BASED ON THE STANDARDS OF GLOBAL FINANCIAL STRUCTURES, POLICIES AND PROCEDURES...
ANY LOGICAL ECONOMIST WILL TELL YOU THAT YOU CAN NOT BE ONE OF THE WEALTHIEST NATIONS IN THE WORLD, (ON PAPER AT LEAST), AND HAVE ONE OF THE LOWEST VALUED CURRENCIES AT THE SAME TIME.. THINK ABOUT THAT!
Doug_W: git er DUN Iraq
Doug_W: good thought 11
OOTW: FANTASTIC SYNOPSIS , ONCE AGAIN, TY SCZIN11!
Doug_W: oil is not over 50 a BBL
Doug_W: now ^^
OOTW: HERE'S MORE AND TY BUTIFLDRM
OOTW: Cabinet held its regular meeting under the chairmanship of Prime Minister Dr. Haidar al-Abbadi
OOTW: the cabinet approved a memorandum economic and financial policies that have been reached with the international Monetary Fund in support of the reforms Alaqsadah and finance the Iraqi government and the fight against corruption and the strengthening of financial supervision and transparency, cash management, and as confirmed by the Iraqi government not to touch the poor classes and salaries and the ration card, health, education and social protection network and humanitarian aid,
OOTW: among other cabinet decisions, to approve the issuance of guaranteed bank deposits system provided by the Central Bank of Iraq and Dqgah Council State Shura with the failure to extend the government deposits in state banks to the provisions of thesystem.
OOTW: BUTIFLDRM JUST SENT ME SKYPE MESSAGE...
OOTW: "should be all deposits in state owned banks"
OOTW: " it did not say that this decision had to be sent to the COM so maybe the cabinet and the CBI can approve solely"
OOTW: "Remember when we saw that Iran would join the WTO through the EU? and now the same as Iraq"
OOTW: AND WE'VE RECENTLY SEEN ANNOUNCEMENT OF EU BOND SALES
OOTW: ALL GREAT CONNECTIONS/NEWS
OOTW: I DO BELIEVE THIS IS ANOTHER CONNECTION - AS THE KURDS HAVE BEEN IN TALKS WITH THE CENTRAL GOVT
OOTW: Urgent government agrees to open a central bank in Arbil History Tahrir:: 2016/5/17 11:11 • 350 times mqrw’h The government agrees to open a central bank in Arbil [Oan- Baghdad] revealed Governor of the Central Bank of Iraq [agency] on the Keywords for federal government approval to open a central bank in the Kurdistan region,
based in the city of Erbil. Keywords and said in a newspaper interview that "the federal government held talks with the President of the Kurdistan Regional Government, Nechirvan Barzani, was agreed to open a central bank in the Kurdistan region has all the requirements and specifications, and to be part of the Central Bank of Iraq,"
Doug_W: been an interesting day for Iraq news