OOTW: HI EVERYONE
OOTW: WE HAVE SOME ABSOLUTE FABULOUS NEWS AND YOU KNOW I'M AN OPTIMISTIC SKEPTIC PLEASE SEE THIS THREAD
OOTW: wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=1201
OOTW: THIS IS THE TITLE TO THE THREAD "RESTRICTIONS LIFTED BETWEEN IRAQ AND THE ARAB FREE TRADE AREA"
quicktolegit96: IM SURE IRAQ WILL TRADE WITH IRAN AT THE 1166 IMPOSED RATE...UNLESS I AM WRONG
OOTW: ‹@quicktolegit96› AT THE MOMENT, I'M TALKING ABOUT LIBERALIZING THE PRIVATE SECTOR
OOTW: STEP ONE HAS BEGUN
OOTW: AS YOU KNOW, I'M NO RATE AND DATE GAL
OOTW: PLEASE ALSO SEE THIS ARTICLE FROM SCZIN11
[08:48:59 PM] OOTW: Chairman of the Committee of border crossings in the Basra Governorate Council Morteza lipodeca detect "the arrival of the book to the local government to convert the goods coming through the Trebil to Arar port link between Iraq and Saudi Arabia in the province of Muthanna instead of Safwan in Basra port adjacent to Kuwait".
Said lipodeca Radio tow that "the local government was surprised by the decision of the federal government while it was fully prepared for the expansion of the port Safwan and open it in front of the entry of all goods and services according to the " HEALTH LAWS AND CUSTOMS".
He called lipodeca the federal government to transfer goods from port to Arar port Safwan in Basra, which is the economic lifeline for Iraq, pointing to "the lack of any goods reach Iraq through Saudi Arabia only crime of murder and blasphemy and bad Fatawa goods".
The director of the newborn in terms of the Anbar province Dhari grooms has revealed the Mrbd in the July 11, 2015 for the issuance of guidance from the General Secretariat of the Council of Ministers to suspend the import of goods across the border Trebil port and turn it into Safwan in Basra issued a few days later the Iraqi Interior Ministry official statement
declaring for orientation Safwan to do because of Daash organization collects funds through trucks heading of Trebil to Iraqi provinces with all that comes after the Basra Governorate Council on 5 July 2015 claim converts the movement of trade around the port Safwan adjacent to Kuwait.
OOTW: wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=1194
OOTW: SO IF YOU GO TO THIS THREAD....AGAIN HERE'S THE LINK
[08:51:17 PM] OOTW: wealthwatch.world/showthr...
[08:52:02 PM] OOTW: YOU CAN SEE THE CONNECTIONS AND SUPPORT FROM ARAB ORGANIZATIONS AS WELL AS SUPPORTING LEGISLATION,
LENDING IRAQ THE "LAUNCH PAD" THEY NEED TO TRADE CROSS BORDERS, AS ZEBARI SAID THEY WERE GOING TO DO, THE FIRST OF WEEK OF JULY
OOTW: HI ABRAHAM
quicktolegit96: OOTW RIGHT ON SIS
quicktolegit96: I KNOW UR NOT DATE/RATE, NEITHER AM I
MichelleL: good evening friends - c'mon doesn't anyone wanna give me a date/rate? ROFL
OOTW: ‹@quicktolegit96› TY RIGHT ON LOL
OOTW: ‹@MichelleL› LOL
MichelleL: well I say tuesday, 167.90
MichelleL: not to be confused with tomorrow of course lol
quicktolegit96: DID M REALLY RESIGN?
MichelleL: quick I think the guy in the other place seems to think so
quicktolegit96: YEAH, IDK REALLY EITHER
MichelleL: yup quick
quicktolegit96: I AGREE
[09:16:47 PM] quicktolegit96: OOTW, DO U BELIEVE M RESIGNED?
[09:17:18 PM] OOTW: NO I DON'T YET - I WILL WAIT TO SEE IT AT THE PARLIAMENT SITE,,,,,BUT YOU KNEW I'D SAY THAT LOL
[09:19:59 PM] quicktolegit96: LOL RT ON
[09:20:11 PM] OOTW: Dr. al-Jubouri sets Saturday as the date for the convening of the parliament session July 19, 2015 The President of the House of Representatives, Dr. Saleem al-Jubouri, next Saturday, corresponding to 25/07/2015 as the date for the next parliamentary session.
He called sovereignty council members to attend the session on schedule, and follow-up materials on the agenda. Information Office of the President of the Iraqi Council of Representatives 19/7 / 2015
OOTW: parliament.iq/details.asp... http://parliament.iq/details.aspx?id=48583&Alw
OOTW: Speaker of Parliament must put an end to attempts to re chaos Diyala province July 20, 2015 The speaker of the House of Representatives, Dr. Saleem al-Jubouri, on Monday, the Commander in Chief of the Armed Forces and Minister of Defense and Interior and security leaders in Diyala quick and unconventional measures to maintain the security of citizens in Diyala and protect them from terrorism and chaos and not allowed to disrupt recent security stability witnessed in this stricken province.
He also called for Dr. al-Jubouri, the people of Diyala to stick to their unity and maintain the security of their areas and not to allow the owners of sectarian agendas of tampering with their security and their future. *** The Information Office of the President of the Iraqi Council of Representatives 20/07/2015
[09:20:54 PM] OOTW: parliament.iq/details.asp...
Butifldrm: Good evening everyone
OOTW: THANK YOU ABRAHAM
OOTW: GOOD EVENING BUTIFLDRM !!!
Butifldrm: I just dropped in to talk about the Islamic Banking law
quicktolegit96: BRING IT....
Butifldrm: Oh yes we do
Butifldrm: I thought about the thread that you sent me OOTW wealthwatch.world/showthr...
Butifldrm: I know that many of us are so ambitious including me, but Iraq appears to be taking baby steps to enter the international economy
Butifldrm: it appears from the law that you sent me OOTW that Iraq is entering an agreement with the Islamic/MENA nations that is lessing trade restrictions
Butifldrm: I find it interesting that the Central Bank is involved
] Butifldrm: I'm wondering if this could be in comparison to like an Arab BRIC'S
OOTW: WHEN I SEE MENTION OF THE CBI IN REGARDS TO THIS LAW, THE LANGUAGE SEEMS TO ME THEY'RE TALKING ABOUT "ALLOWING" PAYMENT EXCHANGES BETWEEN THE ARAB/BORDERING COUNTRIES
Butifldrm: There is no dialogue int he law that states what currencies will be traded in such agreement. but why then would the CBI be involved
OOTW: "IMHO, WHEN THEY SAY "EXHCANGE DEPARTMENT" THEY'RE TALKING ABOUT EXCHANGE OF PAYMENT
Butifldrm: OOTW i agree
OOTW: SO CAN WE DISCUSS WHAT YOU THINK ABOUT THE XBRL SYSTEM IN RELATIONSHIP TO THE TIMING OF THIS?
Butifldrm: I'm not say this as a fact, but it might be each country could have the availablity to trade within it's own currency
Butifldrm: that would help strngthen the dinar
OOTW: THE XBRL IS A DIGITAL LANGUAGE FOR INTERBANKING - BUSINESS TRANSACTIONS
quicktolegit96: TRADING AT 1166 WONT DO THEM ANY JUSTICE, AND WHAT ABOUT THE TARRIFS..
Butifldrm: Yea and gives transparency to the banking system
OOTW: YET THE TENDER FOR THE SET UP OF THE XBRL IS NOT SET TO BE COMPLETED ACCEPTING APPLICATIONS UNTIL JULY 22, AND THE CBI STATES IN THE TENDER THEY WILL NOT BE MAKING A DECISION ON THE BIDS UNTIL 08-23-2015
Butifldrm: ‹@quicktolegit96› truly the lower or more devalued Iraq's currency is, gives Iraq a great advantage in trades
quicktolegit96: YEAH, I CAN SEE THAT
Butifldrm: theis is the reason that the US has pounded China because the US felt China's currency was under valued
quicktolegit96: SO IN A NUTSHELL, WHERE DO YALL SEE IRAQ NOW..
OOTW: I SEE THEM AT THE BEGINNING STAGES OF RETURNING TO A MARKET ECONOMY, BUILDING THE PRIVATE SECTOR
OOTW: THIS IS PART OF WHAT WE WANT TO SEE IN ORDER FOR THEM TO LATER THEN LIBERALIZE THEIR CURRENCY, HOPEFULLY....THIS IS JUST AN INITIAL STEP - BUT VERY GOOD –
IT'S WISE FOR THEM TO, IN EFFECT, TRY THEIR TRADE OUT, WITH THEIR ARAB PARTNERS
NearTheSea: way over my head but enjoy reading the opinions
Butifldrm: ok so the upside to our investment could be that the member nations refuse to trade in the Dinar because it's so undervalued
quicktolegit96: OOTW I AGREE DAWLIN
OOTW: YES, QUICK, THIS IS A GREAT GREAT STEP
Butifldrm: but remmmember Iraq can always trade in the dollar that is a given
OOTW: HOPEFULLY, THEY'LL BE WORKING KINKS OUT IN THE PROCESS, AND I THINK THEY WILL
OOTW: YES, BUTI
Butifldrm: It also ended the pain a sat first reading the draft law amending the certification of signatures on documents and documents of Iraqi and foreign Law No. (52) of 1970 and sponsored by the Legal Committee in order to eliminate controls on foreign exchange in the central bank and the implementation of the resolutions of the Economic and Social Council of the Arab League to lift restrictions between member states of the Free Trade Area of the circle . and maybe this law sating the CBI can give up exchange restrictions
sczin11: ‹@Butifldrm› THEY HAVE STATED THEY WANT THE DINAR AS THEIR CURRENCY AND THEY HAVE STATED AND APPEAR TO BE CLOSE TO FULL ASCENTION TO THE WTO....AND I BELIEVE THEY NEED A UNIQUE CURRENCY FOR THAT PRIVILEDGE
Butifldrm: ‹@sczin11› I totally agree
Butifldrm: that's what I'm hoping
Butifldrm: that this law could bring about an Arab BRIC'S like situation for Iraq
sczin11: JUST WANTED TO CLARIFY THE STATEMENTS ABOVE ABOUT THEY CAN USE THE US DOLLAR...BUT THEY HAVE STATED THATS NOT THEIR CHOICE
Butifldrm: ‹@sczin11› until Iraq un pegs from the dollar and moves into article VIII, they can enjoy the fruits of both worlds
Butifldrm: in their situation it's all about the currency that their member nations will accept
sczin11: ‹@Butifldrm› WHICH WE KNOW THEY HAVE STATED RECENTLY IS THEIR DESIRE...ARTICLE VIII, HERE WE COME
Butifldrm: this is why Ugaili came out with the article we read this week
sczin11: ‹@Butifldrm› AGREE...
Butifldrm: ‹@sczin11› yes here we come and truly what the government of Iraq is exposing to the public could be very limited
Butifldrm: No country would ever expose if they were bringing their currency international
sczin11: ‹@Butifldrm› ITS CALLED.... NATIONAL SECURITY
Butifldrm: ‹@sczin11› and more lol
Butifldrm: I can't wait for parliament to get back in action and let's see what they accomplish
sczin11: ‹@Butifldrm› YOU AND ME BOTH..DOESNT SEEM THEY R IN A RUSH..WAITING UNTIL SAT...GEESH
OOTW: ME EITHER BUTI
Butifldrm: For Iraq to truly move economically forward the Banking Act? law is imperative
Comments may be made at the end of Part 2 Thank You