Haider Makiya: Iraq Is An “Important Destination” And We Are Witnessing An Improvement In The Investment Climate, 27 JUNE

 Haider Makiya: Iraq Is An “Important Destination” And We Are Witnessing An Improvement In The Investment Climate

The first  06/27/2024  The head of the National Investment Commission, Haider Makkiya, stated that the improvement in the investment climate inside Iraq reflects the government efforts made to strengthen the economic and investment sector, while he stressed that Iraq has become an important investment destination in the region.

The National Investment Commission organized a conference attended by Al-Sabah yesterday, Wednesday, under the title of mediation “New Horizons” to facilitate business and retain investors in Iraq.

Makiya explained, in his speech, that the conference aims to introduce the importance of Iraq’s accession to the international settlement agreement resulting from mediation (the Singapore Agreement), as the accession document was signed last April in New York City in coordination with the Iraqi representation at the United Nations in conjunction with the visit of the Prime Minister. To Washington.

He added that the agreement contributes to achieving sustainable development goals and encouraging the increasing use of international mediation as an effective means of settling cross-border disputes with the aim of maintaining commercial relations between the parties involved in the investment process.

For his part, the representative of Prime Minister Nasser Al-Asadi stressed the importance of the agreement that keeps disputes away from complex judicial procedures at a time when we are witnessing important achievements on the economic level through the projects implemented and being completed.

Al-Asadi explained that the agreement is an important instrument to enhance trade and provide a special framework to enhance investments and aims to find a consensual formula without imposing a decision on the opponents.

As for the European Union Ambassador, Thomas Seiber, he said: We seek to grow and develop the economy, and we welcome the initiative of Prime Minister Muhammad Shiaa Al-Sudani, and we find that the signing of the agreement is important and enhances Iraqi economic capabilities. He explained that we are working with the government to create a safe climate to attract investments that achieve sustainable development, pointing out the importance of strengthening Iraqi international relations and that adopting international agreements in Iraq encourages the global economic community to enter Iraq.

The United Nations Resident Representative in Iraq, Oba Lats, explained the importance of the agreement, which comes from the fact that it is concerned with investment and resolving disputes in a quick and uncomplicated time and is low-cost by adopting mediation in a way that suits the interests of investors.    https://alsabaah.iq/98637-.html

Coffee with MarkZ and Jester. 06/27/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Coffee with MarkZ and Zester. 06/27/2024

GOOD MORNING, EVERYONE!! IT IS A GREAT DAY TO BE ALIVE, AND WATCH THE EXCITING EVENTS UNFOLD BEFORE OUR EYES!! GOD BLESS!!

Member: News is sounding pretty good, but as always, staying grounded

Member: News is always good…It’s the action that is lacking

​​Member: I hope everyone has a spectacular day. Change is coming...

Member: Mark, Tony says rate of $28.50? True of false?

MZ: I Hope Tony is right. That rumor has been around a very long time that the first 10million could be $28.50. I’m not looking for it…but hope he is right.

Member: Was the new rate posted in the Iraqi Gazette yesterday?

MZ: My Iraqi contacts say there was not a rate in the Gazette yesterday. They expected to see a rate posted there yesterday but there was not one according to 3 sources on the ground there. They still expect to see the rate in the month of June and we have a few days left. 

MZ: the chatter is screaming “now” and I continue to hear from bankers to watch for it between July 4th to the 8th. Some outliers say maybe the 12th through the 14th. 

MZ: Iraq has been very clear that they are moving toward that direction. I can’t imagine they would keep all that security stationed at ATMs around the country for long. I look for something to happen sooner rather than later. 

Member: The HCL law has not passed. We may still be waiting awhile.

MZ: HCL is about as ready as they can get it. I think they are prepared and just waiting on the US.. That is what I heard from Treasury sources. That they are waiting for the “go” to support their rate change. But I think we are stinking close. 

Member: I don’t understand why does Iraq need our permission to go if they are sovereign?

Membr: So we are still looking for HCL law, A new rate, A new financial system with new gold/asset backed currencies worldwide……that’s a lot of things we have no proof of yet. …..

Member: Unless Iraq is just going alone….then we just need the new rate and HCL can go at the same time. 

Member: If Iraq goes alone…I still think the rest of the world will follow shortly afterward. 

Member: what are your thoughts about truthers saying it's not time for the rv yet because there is no mechanism in place to put the funds into since the qfs block chain isn't done yet?

Member: I don’t think we even know if the QFS is even real or another Dinarland story?

Member: I guess we are all feeling frustrated hearing the same thing month after month. at the end of the month they say mid month then end then mid until months and years go by.

Member: The end of the Roller Coaster Ride is the most exhilarating! Hang-on and have fun - no matter what!

Member: Please everyone pray and stay positive keep our energies high, we are almost there and it has been a long journey for everyone.

Zester joins the stream today . Please listen to the replay for his information and opinions 

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"WE ARE DEFINETILY IN THE END TIME OF ALL OF THIS" BY HOLLY FROM GINGER TELEGRAM ROOM, 27 JUNE

 HOLLY

Hi everyone, I haven’t done a post about the RV in so long because it’s been wash, rinse, repeat forever.. I hear all the chatter that everybody hears but until I know that the codes have been entered all the chatter is the same that it’s always been and it’s no use reporting on that.

 A friend of mine said you’ve been quiet for so long people have  forgotten about you ha ha.  What can I tell you because I know many are losing hope as this drags on. 

1.  based on Iraq’s progress things are definitely on track to being done. 

2.  based on the global situation, it’s heightened to a level that we are seeing the destruction of the old guard. 

3.  there is so much mis-direction. Mis-‘information at a very fast pace that it’s very confusing. 

4. they will never ever tell us what they are going to do, when they’re going to do it, or how they’re going to do it. 

5. All we can do is sit back and wait for this to happen and live your life until it does. 

6. This is the most important, don’t stop living your life till this happens. Continue living your life. 

7. I see a culmination of this sometime this summer and it could go now or it could be later, no one and I mean no one will know when.

8. We are definitely in the end time of all of this.

-Holly

Breaking Global Financial News w/Patriot Rod Steel & Dr. Kia Pruitt #Ira...

What Is The Importance Of Iraq Joining International Agreements?, 27 JUNE

 What Is The Importance Of Iraq Joining International Agreements?

Money  and business   Economy News – Baghdad   Today, Wednesday, the head of the National Investment Authority, Haider Makiya, stressed the importance of Iraq joining international agreements to enhance the investment sector, pointing out that Iraq has provided real guarantees to attract foreign investments.

Makiya said, in his speech, during the launch of the National Investment Commission conference in cooperation with the United Nations Development Programme, that “Iraq’s accession to the International Settlement Agreement resulting from international mediation and disputes that was signed in 2024, will contribute to achieving the goals of sustainable development and encouraging the increasing use of international mediation as a means.”

Effective for settling cross-border disputes, for the purpose of maintaining trade and investment relations between the parties involved in the investment process.”

He added, "This agreement has a pivotal dimension, foremost of which is finding an alternative method to litigation procedures before international arbitration bodies in disputes arising from investment, especially since Iraq joined in 2015 the International Center for the Settlement of Investment Disputes between States and Citizens of Other Countries, and this "It will give foreign investors the right to resort to the Washington Center."

He continued, "Also, the Republic of Iraq's accession to the New York Convention on the Recognition of Foreign Judgments of 1958 means completing all the legislative environment necessary to provide real guarantees and protection for foreign investors, and this will positively reflect on attracting foreign capital to Iraq, which aims at the process of construction and reconstruction, and will raise Iraq's classification."

 He explained, "This agreement enhances the Iraqi investment reality, because it includes many international and qualitative strategic investment opportunities that impose contracts with specialized foreign companies for investment purposes

This requires Iraq to provide legal protection to those companies by resolving disputes in the event that they arise from investment contracts that It is imposed by state institutions on these companies, which prefer to resort to international arbitration to guarantee their rights, as stipulated in Article 27 of Investment Law No. 13.

He pointed out, “Iraq’s accession to the International Mediation Agreement (Singapore Agreement) is necessary to attract foreign investments and achieve intended development, especially in light of Iraq’s transformation and dependence on a free market economy.

 This agreement will also create a legal framework that allows reliance on agreements.” The settlement resulting from mediation is easily implemented by all countries.”

Makkia stressed that "the legal department at the National Investment Commission and the investment authorities in the governorates will work to include international investment contracts based on mediation mechanisms in disputes related to investment before resorting to international arbitration, which will send a message of reassurance to foreign investors and foreign companies to proceed with resolving disputes related to these contracts, in an easier way than entering into international commercial arbitration procedures."

He pointed out that "the Republic of Iraq's accession to the International Commercial Arbitration Convention and the Singapore Mediation Convention, in addition to concluding many agreements to encourage and protect mutual investments between Iraq and many international countries, made Iraq occupy the fourth place in the classification of foreign direct investment."

And the best emerging markets to invest in 2024.”

He stressed that "the noticeable improvement in the investment climate in Iraq comes as a result of the government's efforts to enhance the economic and investment sector, in attracting foreign investments," calling on foreign companies, foreign investors and businessmen to "visit Iraq to learn about the investment opportunities included in the investment map,

and to attend the Iraq Investment Forum that will be held next November, which will launch more than 100 investment opportunities with complete approvals, and to see the advantages and guarantees that the investment law will provide to investors."    Views 42  06/26/2024 - https://economy-news.net/content.php?id=44638

RV UPDATE BY TNT TONY, 27 JUNE

 TNT
Wed. 26 June 2024 TNT Tony

 “Every single source says it’s done and we await the go signal. So we wait. There is agreement amongst them re: when it will be announced and what they are waiting on. Sunday 30 June 2024 is a celebration day in Iraq. They are waiting for the trigger, there is a trigger. He won’t tell us what that is. The Dinar Live New Rate Window is Thurs. 27 June 5pm EST 2024 to Sunday morning 30 June 2024.

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TNT Tony said window is Thursday after 5 thru Sunday. He also said it could go in 5 minutes. FYI, If you are in the US, you should be able to get the contract rate IF YOU ASK. So ask. ($28.50)

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Waiting on the go. There is agreement amongst them re: when it will be announced and what they are waiting on. 

Window: 5 min from now until Sunday morning.

Sunday is a celebration day in Iraq.

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TNT- They are waiting for the trigger, there is a trigger. He won’t tell us what that is.

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TNT- Now saying Thursday 5pm EST to Sunday morning for live rate window.

https://dinarevaluation.blogspot.com/2024/06/waiting-on-go-by-tony-tnt-from.html

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