DINAR REVALUATION

Thursday, April 3, 2025

CODES ARE BEING ENTERED!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar #iraq

ASYCUDA representative to Rudaw: Iraq has completed the automation of 18 border crossings. , 3 APRIL

ASYCUDA representative to Rudaw: Iraq has completed the automation of 18 border crossings.

ASYCUDA's representative in Iraq, Nizar Al-Ammari, confirmed that the customs automation system is currently implemented at 18 of the 21 ports, with difficulties in implementing it on the Syrian border despite the port's readiness.

He noted that two additional ports (one sea and one land) will be operational by the 15th of this month, thus completing the automation of all Iraqi ports.

Al-Amari told Rudaw Media Network on Wednesday (April 2, 2025) that the ASYCUDA system focuses on the three basic customs operations: import, export, and transit, and includes all customs procedures from the moment goods are registered until they leave the customs port. All of these operations have become fully electronic, including payment.

He added that the system has entered its second phase, which includes automating the remaining ports and adding new applications to improve monitoring and maximize trade revenues. The third phase will include the implementation of a single window for foreign trade, which will make all foreign trade operations in Iraq fully automated, eliminating any paper transactions or cash paymen ts.

Al-Amari emphasized that the new system will improve the accuracy of trade statistics in Iraq, helping to develop clear economic and strategic plans, a matter of utmost importance to the international community. He explained that the automation of customs will enhance trade fairness for all traders, as customs laws will be applied uniformly to all.

He pointed out that the system automatically calculates customs duties and regulates import and export permits, reducing the possibility of tampering with customs data. He emphasized that work is also underway to link the Iraqi system with those of neighboring countries, which will enable the identification of incoming goods before they arrive in Iraq, thereby limiting any attempts at manipulation or smuggling.

He stressed that the United Nations respects the sovereignty of states and regions, and that its role in Iraq is limited to providing technical and economic advice without political interference. He noted that the ASYCUDA system was agreed upon between the Iraqi federal government and the Kurdistan Regional Government.

Regarding the implementation of ASYCUDA in Kurdistan, Al-Amari pointed to three options: first, the Kurdistan Region would continue to use its current system or a different system with the possibility of linking it to ASYCUDA, provided it complies with international standards. Second, the Kurdistan Region would adopt the ASYCUDA system in full in the region through the Iraqi government, but this would be a complex option due to the linguistic and technical differences between the two systems.

The third option is to develop the ASYCUDA system in Kurdistan independently, linking it to the Iraqi system, as is the case in many countries that adopt unified systems with integration between local and international systems, he said. link

TIDBIT FROM FRANK26, 3 APRIL

Frank26

IMO these next two months where they will be educating you [Iraqi citizens], they will let you hold them [lower notes] and see them and touch them and ask questions which is all part of the monetary reform education,

the Asraflak that they're doing right now, that's how they defined it, monetary literacy and your new banking reform and international status and digitalization mechanism...

The first week, the beginning of a new quarter of April cannot be wasted again. If it is, shame on Iraq.

WOLVERINE:“ This was the holdup… now we are ready to go" @DINARREVALUATION #iraqidinarinvestor

Al-Sudani's advisor to Rudaw: US tariffs do not include oil and gas, and their impact will be zero., 3 APRIL

Al-Sudani's advisor to Rudaw: US tariffs do not include oil and gas, and their impact will be zero.

Mazhar Mohammed Salih, financial and economic advisor to the Iraqi Prime Minister, downplayed the impact of the US decision to impose a 39% tariff on Iraqi products, noting that Iraq has no significant exports to the US market.

Mazhar Mohammed Saleh told Rudaw Media Network on Thursday (April 3, 2025): "The US customs tariffs do not include oil and gas, which means that the impact of this move on Iraq will be zero, because Iraq does not have any other noteworthy goods exported to America that could be subject to customs duties."

Saleh explained that "Iraqi crude oil exports to the United States do not exceed $5 billion annually, and the US market is considered a secondary market for Iraq compared to those of China and India, where approximately 70% of Iraqi oil is exported."

Regarding the import of American goods to Iraq, he noted that "Iraq imports 90% of its goods and civilian needs from Turkey, India, China, the UAE, and some European countries," describing the American market as a "secondary market" compared to Asian and European markets.

Al-Sudani's advisor said, "The Strategic Framework Agreement signed between Iraq and the United States in 2008 has protected Iraq from shifts in the US's highly protectionist policy, particularly with regard to the imposition of customs duties."

US President Donald Trump announced on Wednesday the imposition of 39% tariffs on imports from US trading partners, including Iraq. link

TIDBIT FROM WALKINGSTICK, 3 APRIL

Walkingstick

You have to understand the Asraflak is a campaign that is going to come out for the next two months.

Inside this campaign there's also a software...entitled 'spend it'. This is a program that transfers money at an instant speed of time.

It is done through a digital program that delivers instantly a receipt. 'Spend It' is not at 1310 IMO.

Spend It is an American term. It is not an Arabic term used in banks...

It is also a financial literacy program..