Tuesday, January 6, 2026
Iraq's accession to the World Trade Organization: The United Nations confirms tangible progress
Iraq's accession to the World Trade Organization: The United Nations confirms tangible progress
Joining the World Trade Organization is witnessing clear progress, according to the United Nations International Trade Centre, with the completion of key technical and regulatory stages at both the local and international levels.
The International Trade Centre, a United Nations agency, confirmed that Iraq has made clear progress in its steps towards joining the organization.
Eric Bochot, the director of the International Trade Centre’s programs in Iraq, affiliated with the United Nations, said : “The process of Iraq’s accession to the World Trade Organization is still ongoing, and has seen progress in several important stages at both the national and international levels.”
Bushot added that this progress includes the establishment and reactivation of the Iraq Working Group at the World Trade Organization, the revival of national coordination mechanisms, technical reviews of trade-related legislation, communication with member states of the organization, as well as preparatory work related to market access and regulatory harmonization.
The UN official stressed that what has been accomplished so far reflects a continued commitment to aligning the Iraqi trade system with multilateral rules, although additional steps are still required.
For his part, economist Nabil Al-Tamimi said that the government and the Ministry of Trade are working hard to join the World Trade Organization.
Al-Tamimi added that “joining requires several procedures, including legislative and legal amendments, in order for Iraq to meet the conditions for joining this organization, noting that the legislative process in Iraq may be slow for several reasons.”
Al-Tamimi explained that these steps were accompanied by procedural obligations that are part of the conditions for joining the organization. link
US-based Chevron visits Sudan and plans to maximize oil revenues
US-based Chevron visits Sudan and plans to maximize oil revenues
Expanding refining and processing capacities
Prime Minister Mohammed Shia al-Sudani met on Sunday (January 4, 2026) with Joe Kuo, Vice President of the American energy company Chevron. The two sides discussed steps to remove obstacles and adapt contracts to align with the government’s development goals in order to maximize oil production returns and expand refining and processing capabilities.
The Sudanese office stated in a statement, a copy of which was received by 964 Network, that “the Prime Minister received the Vice President of the American energy company Chevron, Joe Cook, and the meeting witnessed discussions on the company’s work and the opportunities for cooperation available in the oil and energy sectors with the Ministry of Oil, and ways to enhance investments and create an attractive environment.”
According to the statement, the meeting included an exchange of views on the best steps to remove obstacles and adapt contracts to align with the government's development goals in order to maximize oil production returns and expand refining and processing capacities.
According to the statement, Al-Sudani directed that discussions continue between the Ministry of Oil and the company in order to find the best investment opportunities for the national oil sector and to optimize the investment of oil wealth. link
🌍 MarkZ Update: The Quiet Switch That Changes Everything
🔍 A Question That Matters
A powerful question was raised recently:
With Iraq, it seems they are moving — but with no fanfare. Do you think they will just switch very quietly and we see it days later?
MarkZ’s answer was direct — and revealing.
🤫 “Exactly What I Believe Will Happen”
According to MarkZ, this is precisely how it is expected to unfold:
No fireworks
No global announcement
No media countdown
To the rest of the world, the change may appear after the fact — quietly noticed days later through banking systems and rate screens.
But to those who are plugged in, it will look very different.
🏦 Why Quiet Benefits the System
MarkZ explains that banks:
Want liquidity
Prefer controlled inflows
Avoid public panic or speculation
This is why banks would quietly begin calling in holders — not broadcasting rates, but managing exchanges behind the scenes.
Silence equals stability.
💱 Dong Rumors Ignite Excitement
A comment circulating in recent discussions raised eyebrows:
“Some rumors say the Dong at $5.35–$5.40. Hope it’s true.”
MarkZ did not dismiss this outright — instead, he shared a short but intriguing bank story.
🏛️ The Bank Story: Restricted but Real?
According to MarkZ:
Deposits have allegedly occurred
Take-home rates between $5.35 and $5.40
These figures are after fees and spreads
Funds are restricted — not yet movable
Serious limitations apply
This suggests early-stage positioning, not public exchange availability.
🔎 Why Restrictions Matter
Restricted funds often indicate:
Pilot programs
Liquidity testing
Compliance checks
Internal bank positioning
In other words, something may be underway, even if not finalized.
MarkZ emphasized he is actively tracking this and seeking confirmation.
⏳ Timeline: Eyes on Monday
MarkZ stated he hopes to verify this information by:
📅 Monday, January 5, 2026
Whether confirmed or denied, the existence of such stories points to movement beneath the surface.
🧠 Why This Fits the Bigger Pattern
Historically, major currency transitions:
Begin quietly
Are tested internally
Restrict early access
Expand only after systems are ready
Public awareness usually comes last, not first.
⭐ Featured Snippet (Google Discover Ready)
According to MarkZ, Iraq’s currency shift is expected to happen quietly, with banks managing liquidity behind the scenes before the public notices any change.
❓ Q&A: MarkZ Currency Insights
Q: Will Iraq announce a major rate change publicly?
A: MarkZ believes it will happen quietly, with confirmation appearing days later.
Q: Why would banks keep it quiet?
A: To manage liquidity, avoid panic, and control exchange flow.
Q: Are Dong rates at $5.35–$5.40 confirmed?
A: No confirmation yet — but bank-related stories suggest early-stage activity.
Q: Why are funds restricted in these stories?
A: Restrictions often signal testing phases or compliance requirements.
🧭 Final Thoughts
Quiet does not mean inactive.
In fact, the quieter it gets, the closer systems usually are to execution.
MarkZ’s comments reinforce a long-held belief in this space:
The biggest changes rarely arrive with headlines — they arrive with bank appointments.
Stay observant. Stay grounded. Watch actions, not noise.
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MarkZ
[via PDK]
Question: with Iraq it seems they r moving but no fan fair… do u think they will just switch very quietly and we see it days later?
MarkZ: That is exactly what I believe it will appear like to the rest of the world. They are going to try to keep this as quiet as they can. It will appear differently to us…we are more plugged in and banks will want us to come in so they have liquidity.
Comment: Some rumors floating around say Dong @ $5.35/5.40? Hope it's true.
MarkZ: I have a short bank story. Somewhere between $5.35 and $5.40 take home for people who have been allowed to deposit …but cannot yet move it out of that bank. It comes with serious restrictions…
but it seems something is going on. I am trying to get to the root of this and confirm... Can you imagine taking home $5.35 and $5.40 on exchanging dong. And this is after fees and the spread. So I will be tracking that story and hope to have verification by Monday [1-5-26]. That one got me excited.
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