.IQDCalls Chat Sunday 4-7-19
Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Sunday 4-7-19
Larrykn Remove US forces from Iraq, Iran’s Khamenei urges Abdul-Mahdi LINK
larrykn Salih says Iraq is not battlefield for rival players LINK
larrykn Rapprochement with KSA to serve Iraqi economy: MP LINK
larrykn To resolve water issues, Turkey appoints new special envoy to Iraq: FM LINK
larrykn IMIS smuggles oil from Kirkuk to Iran: Former MP LINK
larrykn ISIS leader killed in Anbar LINK
larrykn Trade show kicks off to members of the Organization of Islamic cooperation with Baghdad.
Baghdad international exhibition
Economy news _ Baghdad Set off, Sunday, the 16th trade fair events for Islamic Member States Baghdad international fair ground.
A reporter for "news", "economy Ministry of Commerce opened today, 16th trade fair events to Member States of the Organization of Islamic cooperation Baghdad international fair ground."
He added, "the 12 countries and dozens of local and international companies operating in the sectors of construction and infrastructure, energy, mineral and other sectors involved in this gallery. http://economy-news.net/content.php?id=16140
larrykn Iraq: we hope to double bilateral trade between Islamic countries for more than 481 billion
Business & money Economy news _ Baghdad Trade Ministry expressed Sunday, hopes to double bilateral trade between Islamic countries from previous years to more than 481 billion dollars.
Senior Undersecretary, said Walid al-Mosawi, speaking on behalf of the Minister Mohamed ANI during the opening ceremony of the exhibition, "the economy has received a copy of" news "is a pleasure to participate today on behalf of Minister ANI at the opening of the 16th trade fair events to Member States Islamic cooperation organization under the slogan (towards economic integration between Member States of the organisation of Islamic cooperation),
organized by the Commerce Department, represented by the General company for fairs and commercial services in cooperation with Iraqi Islamic Centre for development of trade and the patronage of the President of the State Ministers. "
He added: "I am pleased and honoured to welcome you today in this economic event that brings the countries of the Islamic world under one umbrella with the aim of developing and strengthening economic relations among them by providing opportunities for sectors operating in these countries for collaboration and leveraging Possibilities and opportunities ".
Musawi expressed the hope that "the outcome of this landmark exhibition and launch a new quality in work fairs", addressing the audience by saying: "as you are aware that economic integration between Member States the aim pursued by the organizations and economic blocs in the world including Organization of Islamic cooperation through enhanced economic and commercial cooperation among OIC Member States. "
He said Undersecretary: acquires brings us together today is of particular importance in light of world events and developments and successive crises, regional and global levels, which reflected the direct and indirect impacts on the economic conditions
larrykn especially with regard to improving the investment climate Edit and enhance opportunities for integration into the global economy, and that we must move together in earnest and rapid progress towards regional action because we are in a world with no room for moving solo and that we should make more efforts and continuous work to translate the vocabulary of our visions into concrete realities.
On the ground, and for that we will have to overcome many challenges and many difficulties until we reach our goals and achieve our hopes and our ambition. "
Musawi recalled, that "Iraq today after his victories achieved by the gangs (ISIS) thanks to security forces and terrorist crowd and the consequent return of security and stability in the country is striving to return to the Arab and Islamic course and surroundings,
and hence Iraq to host this exhibition which is a multi-sectoral forum for organizations and bodies, companies and business people in the Islamic world is also suitable for investment promotion and publicity for products and industries and services of Member States and the exchange of business ideas between businessmen and traders in the Member States In the OECD.
For his part, said Director General of exhibitions and commercial services, Iraqi speaking Hashem during the exhibition, the Gallery represents prominent economic forum, involving a large number of companies involved in construction.
He added, "the creation of this exhibition reflects the interest of the Iraqi Government and the private sector in this big event, reflecting the policies of the State to create a solid trade and investment relations with the Islamic countries based on mutual benefit and cooperation and achieving comprehensive development in Various areas and strengthen the bonds of brotherhood and now Jimbo through partnership and building strong economic relations contribute to maintain equal cooperation at the Arab and Muslim world,
larrykn Allah has bestowed on Muslim countries with promising investment fundamentals and hard work with a clear vision will take advantage of this Ingredients for the homeland's prosperity and welfare for all. "
The Sudanese said that "the show is a new departure for concerted actions and compatible with each other in a clear and sound trading method and scientific approach and careful, so we'll be compatible in all work good and useful process.
He stressed, "it is hoped role to show the level of trade and promote bilateral investment opportunities between Member States and the definition of investment opportunities, trade and economy in the organizing countries with Member States, businessmen and investors and opening new markets for products Participating States industries. "
And: "today, we are happy with the participation of Islamic countries at the fair especially in light of the arrival of bilateral trade between Islamic countries (481 billion dollars) through the year 2017, we hope to multiply over the next few years to reflect the depth of Islamic relations, and look forward to a great gears In the economics of all Islamic States to promote trade among them.
He noted that "active participation in the exhibition allows to meet the largest gathering of decision makers and business and professional associations and trade bodies in the Islamic world, where this event constitutes a platform for the economic operators in the Member States and important economic pillar Expand your business network and promote your products and services and support marketing plans. "
larrykn And across Sudan hoped "to contribute to the development of exhibition and deepen trade and investment cooperation between Islamic countries, opening up new channels for the exchange of views and ideas on how to move these relationships to better standards."
And, it comes through linear acceleration towards revitalizing the role of the Islamic financial institutions, joint business councils and supporting and encouraging business, business executive institutions in Islamic countries, developing practical mechanisms to implement and follow up the outcome of conferences Forums and meetings business and continue exploring ways to develop exchanges of information,
review the rules and conventions governing trade relations between Islamic countries and examine investment opportunities in various fields and discuss constraints and mechanisms that address ways to facilitate,
And encourage the establishment of more exhibitions to publicize the export potential of each State, taking advantage of meetings provided by these exhibitions in trade and investment deals that give strong impetus to move towards the development and strengthening of economic partnerships between Islamic States. " http://economy-news.net/content.php?id=16141
larrykn Start of Iraqi economic forum _ Iran in Tehran Chamber of Commerce
Business & money Economy news _ Baghdad Starting Sunday, the Iraqi economic forum _ Iran in Tehran's Chamber of Commerce.
He said Prime Minister Adil Abd al-Mahdi said in a statement sent to news "economy" version of it, "the Iraqi economic forum _ Iran in Tehran Chamber of Commerce began, in the presence of Prime Minister Adel Latifa Rashed Mohamed Aljalahma and first Vice President eshaq jahangiri, Ministers and officials from the Iraqi and Iranian official delegates, large collection of businessmen and investors, industrialists and business leaders of the two countries. " http://economy-news.net/content.php?id=16144
larrykn I like that they are getting all these trade deals together, this is a great start to the private sector we are all looking for. I like to see how far Iraq will allow Iran to influence their govenment .
larrykn «Sigim» Italian wins contract for LNG pipelines of Basra gas
By signing the Convention
Energy Economy news Baghdad Company "sigim" Italian (SICIM ) an investment contract makes it an entrepreneur as President to build pipelines for the Basra facility for liquefied natural gas.
He says the General Manager of the Basra gas company, fritz dogs, new morning newspaper quoted, that "pleased with our progress on start creating new Basra gas processing plant and this is an important milestone for the Basra gas company will help the growth and increasing current production capacity by 40%.
And indicates that "this project will play a crucial role in reducing flaring associated gas in three fields of Iraq's first licensing round and increase the supply of dry gas and export capabilities.
The General Manager explains that "the Basra facility for new LNG consist of two gas processing to produce additional mkomk 400 day amenable to adding more units in the future Treaty will be inaugurated at the site alartaui.
In turn, says General Manager «sigim Italiano, Orazio giavarili, "we are happy because we were chosen as prime contractor by the Basra gas company to be part of this important project."
"Winning this contract adds important new recognition in our fixed and our goal is to ensure integrated implementation of the project and take the opportunity to solidify our commitment to community development," saying it "will save more than 180 jobs to Iraqis training to hone their skills and providing opportunities Multiple local contractors. "
He concluded, "we look forward to working with the team in Basra gas company to implement the project efficiently.
The Basra gas company ---- A joint venture for 25 years between Iraqi South gas company that owns 51% of shares, shell 44% and Mitsubishi 5%. I managed to reach the highest output reached 1025 mkomk a day, enough to produce about 3.5 GB output of electricity to homes and industries in Iraq.
Larrykn «Aramco» want to invest in Iraq in cooperation with «shell»
An oil worker in Saudi Aramco. "Reuters"
Energy Economy news Baghdad The oil Ministry confirmed that the Saudi oil company Aramco «» willingness to invest in Iraq on a number of projects including petrochemical project in cooperation with the company «Shell».
Ministry spokesman, Asim Jihad told the newspaper "," giant projects which it worked the oil Ministry in cooperation with the Ministry of industry and the shell so it will share in this project, "Aramco, pointing out that" there are subcommittees will study this Projects before they are implemented. "
"The big Saudi company will enter into the burnt gas plus oil explorations and process development and training as well as coordination in international conferences, especially the OPEC," pointing out that "company SABIC, which is the world's most prestigious companies have shown Also ready to enter the field of metals and develop iron and steel project in Basra and phosphate in Anbar. "
And confirms that the number of fields that the Saudi Aramco company subject to study before its conclusion in the form of agreements and memoranda of understanding to mention names of projects and the volume of investment in the oil sector, stressing that "there is a desire to accelerate to resolve and implement these projects by both parties."
larrykn As for the side of the electric power, oil Ministry spokesman confirms that "there is a desire to improve Saudi electricity reality through investment and make use of alternative energies such as solar.
Shows the oil Ministry spokesman "subcommittees began studying this topic in order to finish it before the Premier's visit to Saudi Arabia, which will be on the 17th of this month to sign it," pointing out that "this study will determine the distance and energy through subcommittees".
"Jihad revealed there was agreement to promote investment in this framework by building power stations inside Iraqi territory in order to increase energy," stressing that "these agreements involving energy is preliminary note still under study". http://economy-news.net/content.php?id=16138
spankie from the eyes of a Venezuelan--
Dave USD" Petro dollars" to run concurrently with our rved dinar?
Dave So much for Imfs comments on the dual currency practice
Baxter Its all good... I just got an email from Wang Dang... He is having a call tonight... He will know whats going on...
Baxter He has been saying... the Kurds are about to be Paid... for the last 3 years..
Doug_W have U been listening to teh enws
Doug_W Meuler this that and the other thing
Dave Baxter Thought Mueller was a Rep?
Doug_W he is Dave
Baxter He flips flops like a carp out of water
Dave Mueller made no charge against Trump?
Dave or is it the same with Maliki.......Immunity?
Doug_W Dave trump does NOT have immunity
Dave Tebow nothing interesting happening esp on the political front.......
Future BAGHDAD / The appearance of Mohammed Saleh, financial adviser to the Prime Minister Adel Abdul Mahdi.
Sunday, April 07, 2019, opened a branch of the Commercial Bank of Iraq in Saudi Arabia, for the first time that this move would facilitate the financing of projects and the process of trade with Iraq.
foxmulder More banks more business news wow ** nice
Baxter News has been a lot better this year
foxmulder Not sure what it will take to make a currency change in policy or actual action
Baxter corruption is still horrible...
foxmulder Baxter yes it is
Baxter most likely will be a while yet
foxmulder Baxter yes
future that is huge news!!!
future it seems Saudi arabia is doubling down on Iraq heavy
Baxter yes... they are working with Iran I suppose
future yep iran is still a factor
future deals must or ave been made i am guessing
future the U.S aint going no where
future Iran CBI Gov "Bank Exchanges with Iraq Based in Dinar"
future so they are doing bank transactions in dinar at a worthless rate?
Baxter they are doing bank transactions at the current rate...
Baxter the rate does not matter...
future due to sanctions im guessing on Iran
Baxter South Korean Juan... is worth exactly the same as the dinar.. a tenth of a penny... yet.. they just held the world olympics.. they have at least two car companies that are sold all over the world... even have factories in the U S... they have a thriving economy... and yet... its still a tenth of a penny..
future gotta love the fiat system eh?
future why te system must and wil need to change
future corrupt system
future but the thingg is Iraq and the cbi has alrad layd out thir plan
future teir plan is to increase the exchange rate
future not a matter of if but when
Baxter I hope so
Baxter I got a ton of this pink stuff.. smelling up my basement
future yea i havent looked at mine in years lol
Baxter I havent either...
future i do know its there and thats al that matters
future had a friend that moved to AZ from cali lose hr dinar
futures she had about 5 million she finally found it months later she about flipped lol
Baxter i bet
Young SC Another conference call lol
Young SC You guys are conference calls lol
Young SC Wouldnt it be better to pay attention to the news and articles instead. Any one says anything on a conference call. I personally prefer to read what is in print
Young SC And conference calls*
larrykn Iraq approves draft memo to protect Saudi investments LINK
Larrykn Parties not yet settled on candidate for justice ministry: MP LINK
larrykn PUK, KDP to sign deal on gov't formation Monday LINK
larrykn Iran says reaches understanding with Iraq to develop two oilfields LINK
Young SC BAGHDAD / The appearance of Mohammed Saleh, financial adviser to the Prime Minister Adel Abdul Mahdi.
Young SC Sunday, April 07, 2019, opened a branch of the Commercial Bank of Iraq in Saudi Arabia, for the first time that this move would facilitate the financing of projects and the process of trade with Iraq.
Young SC Politician
Tamimi: Next week will see the completion of the ministerial cabinet
Young SC LINK
Young SC How many times have they said this ? lol
sandyf @Warrior2018 If the Saudi's currency is worth 27 cents I would think Iraq's currency is worth at least that if not more. I've study this thing upside down and sideways Sandy I hear what you're saying but I still find it hard to believe Iraq and the US went through all of this for nothing. Think about Sandy you could be wrong as much as I might be right.
When considering the value of a currency you have to take into account how much is in circulation. Kuwait has about 40 billion dinar in circulation and Iraq around 44 trillion, see the difference.
I believe as much as you do that something may well happen, the difference being that I believe looking at Iraq is looking in the wrong direction, there is no dispute the USD is deep in the brown stuff.
As you say, I could be wrong and you are right in thinking that every bank in Iraq will be worth more than WF & HSBC put together. You have to keep things in perspective.
sandyf @Warrior2018 Baxter how does a country go from 3.22 to 1/1000 of a penny and then say were just fine doing business at 1/1000th of penny???
In the early 70's I served alongside the US forces in Sardinia. The Lira was around 1600/USD and nobody batted an eyelid. Why should 1190/USD be a problem?
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