Friday, August 11, 2023

"AMERICA & IRAN REACH AGREEMENT TO EXCHANGE PRISONERS & RELEASE FROZEN FUNDS", 11 AUGUST

The Parliamentary Defense explains the reasons for the visit of a security delegation to America and directs a request regarding arming
8-10-2023
The Parliamentary Defense explains the reasons for the visit of a security delegation to America and directs a request regarding armingInformation / special.
Today, Thursday, the Parliamentary Security and Defense Committee revealed the reason for the visit of the Iraqi security delegation headed by the Minister of Defense to America, while it directed a request to the Ministry of Defense regarding armaments, stressing that this file should not be exploited by one country.
Committee member Ali Al-Bandawi said, in an interview with Al-Maalouma Agency, that “the visit of the Iraqi security delegation headed by the Minister of Defense to the United States of America comes in order to discuss the security agreement between Baghdad and Washington.”
He added, “The Ministry of Defense must have more than one source for financing and supplying weapons, that is, it does not depend on the American side only, but there must be several sources to arm the Iraqi army, especially with the presence of many international countries known for the weapons industry.”
Al-Baldawi explained, “The Security and Defense Committee stressed the Ministry of Defense and other security agencies of the need to diversify the supply of weapons to Iraq, so that this file is not exploited by putting pressure on the country in other files.”
And a member of the Parliamentary Security Committee stated, “The Iraqi army is strong and brave and fought all the battles and achieved a great victory, but what the security forces lack is some modern equipment and technology,” noting that “the Minister of Defense moved in this direction in order to provide the necessary equipment for the armed forces in various types of the army, in Foremost among them is air defence.
At a fixed time, the spokesman for the Commander-in-Chief of the Iraqi Armed Forces, Major General Yahya Rasool, stated that a high-ranking delegation headed by Iraqi Defense Minister Thabet Muhammad al-Abbasi began his visit to the United States of America, at the official invitation of the US Department of Defense (the Pentagon).
The United States of America deals with great duplicity in the file of arming Iraq. While it gives the Kurdish Peshmerga forces everything they need, it ignores the requests submitted by Baghdad to arm the Iraqi army.

almaalomah.me
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America and Iran reach an agreement to exchange prisoners and release frozen funds

The New York Times reported that the United States and Iran have reached an agreement on the exchange of prisoners, according to which Tehran will receive $6 billion of its frozen funds to be used for humanitarian purposes.

The newspaper reported that the United States and Iran reached an agreement to secure the release of five American prisoners in exchange for several imprisoned Iranians and to unfreeze nearly $6 billion in Iranian oil revenues.

She added that, as a first step in implementing the agreement, Tehran had released people with dual US and Iranian nationalities who had previously been accused of espionage and are currently under house arrest.

And the "AFP" agency reported that this development comes after quiet and painstaking diplomatic efforts between the two countries, which are believed to include the release of $6 billion of Iranian funds frozen in South Korea.  link'

** US Dollar Loses Ground Against Iraqi Dinar in Baghdad and Erbil Markets - Shafaq News (8/10/23)

Shafaq News/ The US dollar declined in its exchange rates against the Iraqi dinar on Thursday, marking a noticeable drop in Baghdad and Erbil markets 

According to a report by Shafaq News agency, the two central stock exchanges, Al-Kifah and Al-Harithiya, in Baghdad, registered a morning exchange rate of 152,000 Iraqi dinars for every 100 US dollars. This represents a reduction from the previous day's rates, as Wednesday's figures had reached 153,100 dinars per 100 dollars.

Meanwhile, the exchange shops in the local markets of Baghdad also witnessed a downward trend in dollar prices. The selling price in these markets reached 153,000 dinars for every 100 dollars, while the purchase price was recorded at 151,000 dinars for the same amount.

In Erbil, the capital of the Kurdistan Region, the local stock market reported decreased rates. The selling price for the US dollar in Erbil reached 152,200 dinars per 100 dollars, with the purchase price at 152,100 dinars for the same quantity.

https://shafaq.com/en/Economy/US-Dollar-Loses-Ground-Against-Iraqi-Dinar-in-Baghdad-and-Erbil-Markets

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