Samson: Pompeo to Abdul Mahdi: Washington supports the sovereignty and prosperity of Iraq
22nd April, 2019
US Secretary of State Mike Pompeo on Monday assured Prime Minister Adel Abdul Mahdi of Washington's support for a strong, prosperous and prosperous Iraq.
The Arab media, followed by 'orbit', that 'US Secretary of State Mike Pompeo, today held a telephone conversation with Prime Minister Adel Abdul Mahdi '.
She added that 'Pompeo assured Abdul Mahdi during the contact Washington's support for Iraq's rapprochement with neighboring Arab countries, in addition to its support for a strong, prosperous and prosperous Iraq." LINK
Samson: Sadr alliance nominates Sadiq Naim to the post of central bank governor
04:47 - 21/04/2019
Special - Mawazin News
A source in the alliance of the Sadrists led by Moqtada al-Sadr, on Sunday, the nomination of Sadiq Naim to the post of governor of the Central Bank.
"Sadiq Naeem was nominated as governor of the central bank," the source told Mawazine News.
He added that "Naim's nomination came because of his qualifications and integrity," noting that "previously for the pleasures of running a number of positions."
It is noteworthy that some sources said earlier, that the post of governor of the Central Bank will be a coalition led by Moqtada al-Sadr. link
Blinkster: Frank said on a CC that Alak is in trouble on & his way out (my paraphrase) many weeks ago. IMO this is HUGE news.
Pete2001: anyone know anything about Naim's background?
Iggy: there are many to pick from when searching but this one stood out to me because of his banking experience... https://sg.linkedin.com/in/naeem-sadiq-50972294
Samson: Economic: the need to support the government's directions towards the free economy to activate a sound investment environment
21st April, 2019
Economic expert Ghadir Al-Attar welcomed Sunday the direction of the government towards the free economy through activating a sound investment environment and cooperation and coordination between the public and private sectors.
In a statement received by Mawazine News, Al-Attar said, "The creation of a special division in the Secretariat of the Council of Ministers, especially follow-up steps of transition and cooperation between all parties to make this a success."
He called on the economist, the private sector, especially banking to "support these trends through the provision of financial guarantees to attract companies and foreign investors."
Al-Attar said that "now is the best timing to support these government trends, especially that the citizen began to harmonize with these actions, which ultimately pours in his favor." LINK
Samson: The Central Bank is launching an enabling project to combat desertification LINK
TPNoble53: Hey Alak...just a suggestion, why don't you add lifting the 3 zeros & announcing article 2 to that proposal?
Samson: Deputy: private banks have become a burden and we will ask a question to the Governor of the Central Bank in this regard
22nd April, 2019
Saw a member of the Parliamentary Committee of Economy and Investment MP Abdul Salam al - Maliki, on Monday, that most private banks have become " a burden" on the banking business in the country, revealing his intention to parliamentary question to the Central Bank Governor Ali Mohsen Ismail Keywords.
Maliki said in an interview for Alsumaria News, "The banking business Iraq has become much late than the rest of the world and became the majority of private banks a burden on banking work in the country, where most of the private banks turned to sites to drain hard currency instead of maintaining it."
Maliki said that "the Central Bank of Iraq as the first concerned in the follow-up work of banks has promised a lot in taking measures to regulate its work but without actual application," noting that "many countries where banks were the cornerstone of economic and urban advancement."
Maliki pointed out that he intends to "ask a parliamentary question to the Governor of the Central Bank on the mechanisms and plans followed by the bank to regulate the work of private banks and end the depletion of currency and plans and laws to regulate its work."
The member of the Committee on Economy and Investment parliamentary Nada Shaker Jawdat confirmed, earlier, that some private banks turned into a place of extortion and exhaustion of hard currency in the auction of currency, surprising the lack of real policies for the work of these banks to achieve the useful benefit of banking work in construction and investment and reconstruction and It is practiced in most countries of the world. LINK
Don961: Economic cooperation between Iraq and Saudi Arabia .. Major gains
Sunday 21 April 2019
Baghdad / Hussein Thugb - Farah Al-Khafaf
A visit to Saudi Arabia by Prime Minister Adel Abdul-Mahdi and his accompanying delegation to Saudi Arabia is "an important step" to move joint cooperation to wider horizons on the ground, especially in the economic aspects.
The Prime Minister and his accompanying delegation concluded a successful visit to Saudi Arabia on Friday, which resulted in the signing of 13 agreements and memorandums of understanding between the two countries in various fields.
Chairman of the Baghdad Chamber of Commerce and member of the delegation Jaafar al-Hamdani that "cooperation with the regional environment is an urgent need to activate the Iraqi labor market, in a manner that achieves integration between Iraq and neighboring countries, especially Saudi Arabia, which represents a large economic burden at the level of the region and possess advanced technologies in the fields Industrial and agricultural ".
Al-Hamdani pointed out that "such new directions for joint cooperation with high convictions, come to fruition and achieve the great benefit to the country and its economy, where Iraq can be the starting point of trade between the countries of the world in the East and West, and this is not impossible, but can transfer the national economy to A better stage and makes it in contact with major global economies, which are aware of the size of Iraq economically at the world level. "
Thamer al-Azzawi told Al-Sabah: "What resulted from the prime minister's visit to Riyadh is a new era of cooperation between the two countries."
"The agreements and memorandums of understanding signed between the two countries will pave the way between Baghdad and Riyadh," he said, adding that "the results of these agreements and memoranda will be reached by the two peoples soon, especially with regard to economic cooperation, which will witness unprecedented prosperity."
The agreements and memorandums of understanding signed between the two countries during the visit included: a memorandum of understanding in the field of political consultations, an agreement on the mutual recognition of product conformity certificate, an investment promotion and protection agreement, a memorandum of understanding in the field of agricultural cooperation, In the field of oil and gas, a memorandum of understanding in the field of electric energy, and a memorandum of understanding in the field of scientific and educational cooperation between the Ministry of Education of Saudi Arabia and the Ministry of Higher Education and Scientific Research of Iraq, a memorandum of understanding on a program of cultural cooperation, An understanding between the Saudi Ministry of Education and the Iraqi Ministry of Education, a memorandum of understanding on technical cooperation program, a memorandum of understanding to study the feasibility of electric linkage, a memorandum of understanding for cooperation in the maritime field and a memorandum to regulate passenger and road transport operations.
The expert said that "delegations from the two countries will start reciprocal visits to activate these agreements and memos." He pointed out that "benefiting from them will be in various fields, especially that Iraq has signed similar agreements with the neighbors Iran and Jordan, in addition to important agreements with Syria, Others with Turkey, and perhaps Kuwait as well. "
He denied the expert affected the industrial and agricultural sectors in these agreements, because the government has put items to keep away any negative effects on the Iraqi economy, stressing that these agreements will contribute to the movement of all sectors, not the other way around, especially that the Iraqi market will be open to goods and crops, In return for the export of what is manufactured and grown at home, meaning that the goods and the Iraqi crop will be found in these countries soon, and will compete with what these countries import from the origins of the lowest quality compared to the national product.
Al-Azzawi also praised the opening of the first branch of the Iraqi Bank for Foreign Trade in Riyadh, which coincided with the visit of the Prime Minister to Saudi Arabia, which returned the step "a good opening" for financial cooperation between the two countries, especially that the Kingdom of Saudi Arabia has a huge stock of hard currency.
"Iraq is a big kiss for major international companies in the coming period, and the start of cooperation with the regional neighborhood achieves major economic gains, as it can create bilateral partnerships with Saudi companies and other neighboring countries, leading to major international companies and being a center. A major trade in the world, and this is recognized by the largest economic blocs around the world. "
"Starting to make the FAO region a global industrial starting point is very important and makes great economic gains for Iraq, Saudi companies and other international companies that own capital and advanced technology," he said. link
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