Monday, July 1, 2013

Nassif, calling on the government to take pre-emptive action before the launch of frozen Iraqi funds

Nassif, calling on the government to take pre-emptive action before the launch of frozen Iraqi funds Posted on: 07/01/2013 12:02:50  Category: Political Written by: awfa Views: 31
BAGHDAD / With: MP for the coalition demanded free high Nassif Iraqi government to take proactive measures to protect the frozen funds before its launch in the middle of next month.
She told him the Information Office of the coalition, which received news agency the future, a copy of it, said on Monday: "We hope to be launched frozen Iraqi funds that are now under the trusteeship under the UN resolution, in the middle of next month, and after that came out of Iraq officially penalty Chapter VII of the UN trusteeship ends burdened shoulders for decades. "
She explained: "The liberation of Iraqi funds requires action seriously quickly to pre-empt what has exposed his claims by companies and individuals from financial dues alleged, because of the UN resolutions issued in this regard the formation of a committee to compensate the states and stakeholders, not Iraq, a member of that committee It could only have access to the decisions, and this clear abuse of the United Nations unfairness joy Iraqis Boukrojna of Chapter VII. "
She Nassif: "We must be government measures proactive and quick to maintain these funds and protect those who will claim that they have the financial dues owed ​​by Iraq, and we hope that ايحصل as happened in the Kuwaiti reparations that have been استحصالها unjustly from Iraq and demarcation unjust to the limits and the rest of the files that slowed the government because of the weakness of Iraq's foreign policy and the absence of diplomatic efforts at the required level. " (Finished
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Parliamentary economy: increasing the central bank reserves of hard currency enhances the stability of the Iraqi dinar

Parliamentary economy: increasing the central bank reserves of hard currency enhances the stability of the Iraqi dinar Posted on: 07/01/2013 11:44:56  Category: Economic Written by: falah Views: 14

BAGHDAD / With: affirmed the decision of the Commission of economy and investment deputy Khalil Mahma, that the increase in central bank reserves of hard currency will enhance the stability of the Iraqi dinar and develop the national economy.
Khalil said in a press statement that "the increase in monetary reserves of the Central Bank for more than 80 billion dollars, this means that all Iraqi dinars located inside or outside Iraq covered two dollars and a half dollar, because the size of the blocks cash of the Iraqi currency amounting to 33 trillion dinars."
He added that "this increase will strengthen the stability of the exchange rate of the Iraqi dinar against the U.S. dollar, the international currency because it would be a safe haven for him, plus he will promote the growth of the national economy."
The Iraqi Central Bank announced an increase in the cash reserves of hard currency to more than 80 billion dollars. / End


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Ambassador of the Republic of Iraq in Washington honors a group of pilots (F-16) Iraqis


Ambassador of the Republic of Iraq in Washington honors a group of pilots (F-16) Iraqis

07/01/2013 | (Voice of Iraq) - Add a comment - 
Was attended by the Iraqi ambassador to the United States, Mr. Luqman Abdul Rahim Feily graduation ceremony of the first batch of Iraqi pilots who have passed the training course on aircraft (F-16) successfully fighter in the United States. The event was held in the city of Tucson in the U.S. state of Arizona on 27 June 2013. The ceremony was attended by a number of senior profile officials from both the Iraqi and American sides.
Ambassador delivered a speech in which he congratulated the pilots for their extraordinary efforts in passing the training program, as Ambassador conveyed the congratulations of the Government and people of Iraq to accomplish the great achievements of the passengers. Highlighted Ambassador highlighted the challenges facing Iraq and the country's need for the talents and enthusiasm of this generation teenage sons to share the task of building and protecting the homeland and its people. 
ambassador said, "This day is a historic day for Iraq, which coincided with the celebrations Security Council resolution on Iraq out of Chapter VII and also came to documenting the relationship and partnership with the United States of America
http://www.sotaliraq.com/mobile-news.php?id=106659#axzz2Xqc1teAL

Iraqi talking about the "price" paid by Iraq out of Chapter VII .. and the rule of law is: look into narrow


Iraqi talking about the "price" paid by Iraq out of Chapter VII .. and the rule of law is: look into narrow
02/07/2013 (00:01 pm)   - The   number of readings: 126   -  Issue (2833)
Iraqi talking about the "price" paid by Iraq out of Chapter VII .. and the rule of law is: look into narrow
Iraqi talking about the "price" paid by Iraq out of Chapter VII .. and the rule of law is: look into narrow


BAGHDAD / Press-term 

Denied the State of Law coalition, led by Prime Minister Nuri al-Maliki and the existence of any "secret deals" behind the withdrawal of Iraq from Chapter VII. Stressing that this matter, "Lucan true revealed by the United Nations", criticizing the "skeptics" who "do not wish success" of the current government or the president.
While saw the Iraqi List, that Iraq is "pay the price" of the resolution approving the demarcation of the border with Kuwait, and called for serious work to restore "real sovereignty" and non-interference conflicts region, showed the Kurdistan Alliance fears for the fate of frozen Iraqi funds, and criticized the United Nations for not rid Iraq of its restrictions all "restricted sovereignty"

The UN Security Council voted last Thursday, unanimously approved the decision to remove Iraq from Chapter VII, after more than two decades of sanctions imposed whereby in the wake of the former regime's invasion of Kuwait on the second of August 1990.
Prime Minister Nuri al-Maliki, described in a speech after the vote the Security Council to remove Iraq from Chapter VII, that the decision is "an important step to restore the status of Iraq's international," stressing that the international resolutions "has become one of the past," While considered that Iraq "liberally became" of the restrictions imposed because of the "follies" of the former regime, appealed for all countries in the region and the world to "extend the hand of friendship," and stressed that "Iraq can not be involved in the policy of axes and polarization."
The MP said the coalition of state law, on Alfalh, in an interview to the (long-Presse), it was "expected that the question of did not say anything positive about Iraq, the decision ejected from Chapter VII of the Charter of the United Nations", noting that "the parties have not not hear the voice did not say anything about the tent Safwan devoured by Iraq for many years and the country paid a heavy price against it. "
He Alfalh by saying that "some perceived attempts to remove Iraq from the consequences of a tent Safwan and the invasion of the former regime of Kuwait, the mentality of narrow partisan provide interest on everything else and not wish success of the current government or the president," adding, "But as long as that achieved that Nuri al-Maliki should Nltm to exit Iraq from Chapter VII, despite the clarity of the UN resolution. "
Questioned Alfalh, "Is it possible that the United Nations conceal any agreement on the subject, and whether conspired are also skeptics."
For its part, said a spokeswoman for the Iraqi List, Maysoon al, in an interview to (range Press), "The Iraqi is not informed whether there are confidentiality agreements have been concluded between Iraq and Western countries and Kuwait to get out of Chapter VII," indicating that "part of the price paid by Iraq was agreeing to the border drawn by the United Nations with Kuwait. "
They believed Damluji, said that "the Iraqi authorities and the UN rushed announced the withdrawal of Iraq from Chapter VII although it only partially," and followed with this "We congratulate the Iraqi people for it is sacrificed for two decades as a result of the blockade and the loss of sovereignty until it reached this point."
And said a spokeswoman for the Iraqi List, that these "point itself need to work a real return of Iraqi sovereignty and get rid of all external influences that استباحت Iraq's unity and sovereignty to become innocent blood flowing relentlessly," calling the need to "build balanced relations with neighboring countries serve the national interest with non-interference in the conflict in the region. " It said Khalid Huani, the Kurdistan Alliance MP said in an interview to (range Press), said that "Kuwait is the biggest winner as a result out of Iraq from Chapter VII because it took what she wanted, despite its excesses on our national rights," and expressed concern about "the fate of Iraqi funds frozen abroad in pursuit of some of the parties. "
And saw Huani, it was "better for the United Nations to rid Iraq of all decisions that restrict its sovereignty, including the consequences of Chapter VI."
Sadrists For his part, wished to "not be out of Iraq from Chapter VII has come for the sale of its territory or make concessions about things is not the prerogative of the current government and without reference to the representatives of the people."
The leader of the mainstream, in response to one of his followers on his exit of Iraq from Chapter VII, "hope it will not be out of Iraq from Chapter VII has come for the sale of Iraqi territory and concessions on matters is not the prerogative of the current government and without reference to the representatives of the people, and not there is a separation of the sixth or other might occur Iraq has to stay late between nations. "


Timid rise in the value of the dinar was accompanied by a decrease in demand for the dollar

Timid rise in the value of the dinar was accompanied by a decrease in demand for the dollar
Timid rise in the value of the dinar was accompanied by a decrease in demand for the dollar
Timid rise in the value of the dinar was accompanied by a decrease in demand for the dollar


BAGHDAD / tributary cactus 

Experiencing the local market at the present time high shy of the Iraqi dinar against the dollar amid expectations of a number of companies and shops owners banking increase in the value of the Iraqi dinar in the coming period because of the touched lack of demand for the dollar and keep the citizen because of belonging to the local currency.
Says the director of Al Anwar banking and financial transfer in the Harthiya Mohammed owner that "demand for the U.S. dollar fell to a remarkable", noting that the citizens preferred to keep the local currency reverse of what it was in the past.
He adds in his speech to the extent that "the decision to remove Iraq from Chapter VII of the impact on our business since the first day price of the dollar fell dramatically.
For his part, saw Muhammad retribution SAB replace banking in the Mansour district to the extent that "the increase in the value of the Iraqi dinar natural, so why is owned by Iraq of hard currency abroad, noting that it funds the sale of oil received by Iraq in U.S. dollars, and the abundance of this currency increases the drop height of the dinar.
And retribution expressed happiness increase the value of the Iraqi dinar, albeit a slight rise somewhat, but it is expected to reach a value to higher limits comparable to the U.S. dollar in the future.
And retribution student based on the economic side of the country, including the central bank to prepare for any sudden movement in the high or low value of the dinar on the grounds that the decision is still new and can not be known to the dollar fixed price at the present time.
Within likely Fadel Mayali, an Iraqi trader to rise more the value of the Iraqi dinar after the maximum speed which rose due to remove Iraq from Chapter VII, stressing that the Iraqi trade depends mainly on the dollar may not get upset at the outer level.
Mayali said to the extent that "the constant value of the Iraqi dinar previously is 118,000 dinars for $ category percent
And that the rise in previous periods was a result of the political conditions expected to return to that value.
Mayali stressed the need for the government bodies are ready for market movements and exchange rates against the dinar. 
In the meantime, expect the Ministry of Commerce and the Federation of Chambers of Commerce to see the Iraqi market in the coming months mobility qualitatively in the buying and selling, especially after the withdrawal of Iraq from Chapter VII. 
Khairallah says Hassan, Minister of Trade in a press statement: economically Iraq be the day after his release from Chapter VII economic free in dealing with many countries of the world
With adds Jaafar al-Hamdani president of the Federation of Chambers of Commerce: Yesterday was international companies fear many from entering Iraq and the capital was worried about a lot of Iraq, today believe they stage an opportunity for all Iraqis, especially the private sector in order to build a partnership project with the Iraqi government in the process of construction and investment.
In the meantime explained Mahmoud Laithi, the member of the Federation of Chambers of Commerce: we must unite and fight terrorism and fight corruption and the corrupt even stand up the Iraqi economy is good.

Economic parliamentary: the standard of living of citizens is not commensurate with the country's wealth

Ali الضرغام - 07/01/2013 - 8:45 p | Hits: 53



Confirmed for the economy and investment committee that parliamentary citizen's standard of living is not commensurate with the potential of the country's bounties and riches.
A member of the Committee on the economy and investment parliamentary Amer winner told {Euphrates News} on Monday that "the situation of living of the citizens if the measured period of the rule of the dictatorial regime is very excellent, but if Qais including owns the country's bounties and wealth of the citizens oppressed and place it is not commensurate with the level of the country's economic riches and wealth. "
He recalls Iraqis witnessed the country during the seventies of the last century renaissance development reflected positively on all areas and achieved in Iraq quantum leap on the level of service and attention to the citizen, but enables the Baath Party and the provisions of his control over the facilities of life in the country and its policies miserable disrupted life and returned Iraqis to the times of destitution and hunger and made ​​Iraq a country too late to bear the burdens of a great many are still clear on the movement despite the lapse of more than ten years to change and topple the Baath buried and symbols.
He said a member of the Committee on the economy and investment parliamentary Amer winner that "when the country's economy improves and are paying attention to all aspects inevitably, it would improve the standard of living of the citizen which today is below the required limit."
The Iraqis are counting on the potential of the country's bounties and great wealth and enormous that if it can properly invested, it will inevitably be reflected on the reality of the citizen and changed his life for the better.
Followers of the stresses that Iraqi Shan desired change and improvement in the life of the individual and the whole country is not only to activate the private sector and investment matched the fight against corruption and the elimination of this scourge and the unity of serious political and attitudes that have a significant effect on the general situation in the country.

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Abdel Hussein Rissan Husseini: Committee for the economy in the process of questioning and Trade Minister in the event of continuing problems with the ration card


07/01/2013 - 12:20 | Hits: 39



Said a member of the Committee on the economy and investment of Abdul Hussein Rissan parliamentary Husseini, a member of the House of Representatives for the Liberal bloc that the committee in the process of questioning and Trade Minister in the event of continuing problems with the ration card.
Husseini said that the Ministry of Commerce a far cry from the citizen and working alone away from the House of Representatives in general and the Economic Commission in particular, stressing its failure on the subject of the provision of the ration card.
He added that there is a struggle within the Ministry of Commerce about who is responsible for decision-making on the subject of the ration card, as well as having run away from responsibility, so that it became a problem suffered by all the people.
He said al-Husseini, the Ministry of Commerce has a lot of tasks performed by and contained within the law by working on, and one of those tasks insurance stocks strategic, stressing the need to be the ministry's efforts focused on the issue of the provision of the ration card without work is the other, as well as a lot of issues related files corruption and damaged items in the stores of the ministry and delayed food supplies for nearly five or six months, and all these problems if there was a voice, and real pressure by the Ministry of Commerce she was able to reap something.


French Ambassador: We welcome the exit of Iraq from Chapter VII

  

French Ambassador: We welcome the exit of Iraq from Chapter VII

   


02/07/2013 12:00 AM

 Announced pursuit of his country to invest in Dhi Qar 
Nasiriyah Hazem Mohammed Habib 
said the French ambassador to Baghdad, his country's welcome the exit of Iraq from the provisions of Chapter VII, which will pave for the arrival of major foreign companies to invest in Iraq in all fields, noting that the security file is going well and effectively. 
said Ambassador Denis Gauer at a news conference with the governor of Dhi Qar, attended by "morning" that, to visit him who Qar come to discuss prospects for cooperation and strengthen the presence of French companies in the province, especially after the withdrawal of Iraq from Chapter VII and provincial elections, noting that democracy experienced by Iraq now especially in the electoral process that took place smoothly and transparently given photographs and an impression of radical change in the new Iraq, and said that France's presence outstanding and effective in the province of Dhi Qar, through its consulate Honorary and its operating companies in a number of projects in the province, said the French ambassador said his country is willing to enter the major its companies to invest in the province in the fields of electricity, oil, agriculture, pointing out that French companies major companies including Total, submitted bids to invest refinery Dhi Qar oil or develop one of the oil fields in the province. 
For his part, welcomed the governor of Dhi Qar Yahya Nazarene any step made ​​by the French government in the field of Log firms to participate in the reconstruction of the province or in other areas as projects electricity, health, education, and oil, and explained that "the province is ready to provide security and stability for the entry of French companies and give them the opportunity to get investment projects in the province and in the areas you want it to."


Experts predict quality improvement in Iraq economy


.

Experts predict quality improvement in Iraq economy

01-07-2013 - 15:34
| Source:  

Business

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Iraqi Ministry of Trade and Iraq’s Union for Chambers of Commerce predict that the market will witness in the upcoming few months a qualitative trade movement after Chapter Seven sanctions imposed on Iraq were lifted.

Iraq is expected to regain its normal position and its wide-spectrum international transactions; confirmed officials and economic experts after Chapter Seven sanctions imposed on Iraq were lifted; which will reflect positively on the Iraqi market in the next few months.

“On the economic level and after lifting Chapter Seven sanctions, Iraq will be free to deal with all the countries in the world”, said Khayrallah Hassan, Minister of Commerce, in a statement to Alsumaria.

“Previously, international companies feared working in Iraq and capital owners dreaded investing in Iraq. As of today, Iraq will enjoy a new phase that allows for the private sector to work on a partnership project with the Iraqi government in terms of construction and investment”, added Jaafar Al Hamadani, head of Chambers of Commerce Union.

The projections on Iraqi market’s success in the current situation are not enough according to Chambers of Commerce Union who urged politicians to avoid the troubles that reflect negatively on the country’s economy.

“We must stand united to fight terrorism, corruption and corruptors to improve the Iraqi economy”, noted Mahmoud Al Laythi, member in Iraqi Chambers of Commerce Union.

“After Chapter Seven sanctions were lifted, politicians must take into consideration the possibility of uniting Iraq and building a new nation”, highlighted Jaafar Al Hamadani, head of Iraq’s Chambers of Commerce Union.

Experts consider that Iraq will be able to invest the lift of the ban in case adequate laws were issued and strategic plans were set to regulate the Iraqi market which still has troubles with commercial transaction.


Iraq’s out of Chapter VII will carry new challenges

Iraq’s out of Chapter VII will carry new challenges

1/7/2013 12:21:00

.
Iraq has new challenges after being out of Chapter VII that was imposed after Saddam Hussein's invasion of Kuwait, most notably the protection of its assets abroad.

Chapter 7 of the charter allows the Security Council to authorize actions ranging from sanctions to military intervention if states do not abide by the councils’ demands.

Under the UN resolution, Iraq will enjoy complete sovereignty and independent decision from one hand and it will be dealt with as recognized fully by the international community politically on the other hand.

So Iraq will move to Chapter VI of the UN Charter, which emphasizes the resolution of disputes between any two countries through peaceful means and through direct negotiations without the supervision of UN or other international or foreign supervision or control if the two countries called to do so.

Iraq will gain another point boils down to the financial side, where it would be non-binding to deposit its petroleum imports in the Development Fund for Iraq affiliated to the United Nations, after 5% had been deducted as compensation.

The Iraqi government needs now to national protection force of Iraq's money and wealth, as it is expected that the affected by the invasion of Kuwait would raise judicial lawsuits against Iraq.

Thus with the importance of Iraq’s exit from Chapter VII, it still imposes an internal responsibility to meet the potential challenges.

The media adviser to Prime Minister Ali al-Moussawi describes Iraq’s getting out of from Chapter VII as the last foreign obstacle in front of it to restore its full sovereignty while it remains dealing with internal challenges.

Kuwait has opposed a lot in the past years to expel Iraq from Chapter VII because of differences over borders, missing people, property and other issues, and that was a major reason to make Iraq remain under this Chapter, but most of these issues found their way to the solution recently.
Iraq and Kuwait took procedures in recent months to address their differences on general aviation companies and restoration of border.

Iraq’s freedom from Chapter VII will return it to its legal position in the international community, to what it was before the UN Security Council Resolution 838 of 1993, which was passed because of the former regime's forces invasion of Kuwait.

Finally, the exit of Iraq from Chapter VII is a sign of hope that will open up new avenues in dealing with the countries of the world in development and investment fields, after its financial potentials and movements were tied for the past 23 years.

http://pukmedia.com/EN/EN_Direje.aspx?Jimare=5818

Currency auction results 07/01/2013

Currency auction results

Announcement No. (2415)

The opening of bids for the Commission on the sale and purchase of dollar daily four hundred and two thousand fifteen to buy and sell foreign currency at the Central Bank of Iraq on Monday 07/01/2013 and the results were as follows:

Details Notes
The number of banks contribute to the auction 19
Price basis on which anchored the auction selling dinars / USD 1166
The price at which it auctions Hraoua the satisfaction dinars / USD -----
The amount sold by the bank at auction - USD 222 051 000
The amount purchased by the bank at auction - USD -----
Total Buy Offers - U.S. 222 051 000
Total Sell - USD ----

1. Note that:

  • Price and cash transfers (1179) JD / dollar, including the central bank's commission of $ (13) dinars per dollar.
  • The cash purchase price of U.S. $ (1171) JD / USD.


2. quantity sold in cash in the amount of $ 75.45 million and the quantity sold transfers $ (146 601 000) dollars.

3. receive the central bank a commission of 13 dinars per dollar, with a discount 8 JD / USD amounts purchased that is to say: the purchase price of the dollar cash = (sale price of the dollar cash) - $8.

4. continue the Iraqi Central Bank buying and selling of the dollar The price (1166) and receive the same commission mentioned above. report on the exchange rates of the dollar in the markets of the city of Baghdad.


Abdel Hussein Rissan Husseini: Committee for the economy in the process of questioning and Trade Minister in the event of continuing problems with the ration card


07/01/2013 - 12:20 | Hits: 28




Said a member of the Committee on the economy and investment of Abdul Hussein Rissan parliamentary Husseini, a member of the House of Representatives for the Liberal bloc that the committee in the process of questioning and Trade Minister in the event of continuing problems with the ration card.
Husseini said that the Ministry of Commerce a far cry from the citizen and working alone away from the House of Representatives in general and the Economic Commission in particular, stressing its failure on the subject of the provision of the ration card.
He added that there is a struggle within the Ministry of Commerce about who is responsible for decision-making on the subject of the ration card, as well as having run away from responsibility, so that it became a problem suffered by all the people.
He said al-Husseini, the Ministry of Commerce has a lot of tasks performed by and contained within the law by working on, and one of those tasks insurance stocks strategic, stressing the need to be the ministry's efforts focused on the issue of the provision of the ration card without work is the other, as well as a lot of issues related files corruption and damaged items in the stores of the ministry and delayed food supplies for nearly five or six months, and all these problems if there was a voice, and real pressure by the Ministry of Commerce she was able to reap something.


http://www.burathanews.com/news_article_201233.html

Economic parliamentary: the standard of living of citizens is not commensurate with the country's wealth


Ali الضرغام - 07/01/2013 - 8:45 p | Hits: 38




Confirmed for the economy and investment committee that parliamentary citizen's standard of living is not commensurate with the potential of the country's bounties and riches.
A member of the Committee on the economy and investment parliamentary Amer winner told {Euphrates News} on Monday that "the living situation of the citizen as measured by the period of the rule of the dictatorial regime is very excellent, but if Qais including owns the country's bounties and wealth of the citizens oppressed and place it is not commensurate with the level of the country's economic riches and wealth. "
He recalls Iraqis witnessed the country during the seventies of the last century renaissance development reflected positively on all areas and achieved in Iraq quantum leap on the level of service and attention to the citizen, but enables the Baath Party and the provisions of his control over the facilities of life in the country and its policies miserable disrupted life and returned Iraqis to the times of destitution and hunger and made Iraq a country too late to bear the burdens of a great many are still clear on the movement despite the lapse of more than ten years to change and topple the Baath buried and symbols.
He said a member of the Committee on the economy and investment parliamentary Amer winner that " when the country's economy improves and are paying attention to all aspects inevitably, it would improve the standard of living of the citizen which today is below the required limit. "
The Iraqis are counting on the potential of the country's bounties and great wealth and enormous that if it can properly invested, it will inevitably be reflected on the reality of the citizen and changed his life for the better.
Followers of the stresses that Iraqi Shan desired change and improvement in the life of the individual and the whole country is not only to activate the private sector and investment matched the fight against corruption and the elimination of this scourge and the unity of serious political and attitudes that have a significant effect on the general situation in the country.