Iraq officially joins the Singapore Trade Agreement, 20 APRIL

  Iraq officially joins the Singapore Trade Agreement

 The United Nations mission, UNAMI, said on Friday that Iraq officially signed the Singapore Agreement on Mediation, which is an “important” step towards developing the resolution of trade disputes in Iraq.

The Singapore Mediation Convention is a standardized and effective framework for international settlement agreements resulting from mediation, which parties conclude to resolve a commercial dispute.

The Singapore Agreement will facilitate international trade by enabling disputing parties to easily enforce and recall settlement agreements across borders.

Companies will benefit from mediation as an additional option to litigation and arbitration in resolving cross-border disputes.  link

"RV UPDATE" BY BRUCE, 20 APRIL

  Bruce

A Wells Fargo Paymaster in Tier 3 reported that Bond Holders would receive their emails to set their exchanges by Fri. 19 April. He also said Tier4b (Us, the Internet Group) would receive our emails to set exchange appointments on Sat, Sun or Mon. 20, 21, 22 April, with appointments starting thereafter.

 Two older menwho worked for the US Treasury under President Reagan said that in their opinion Tier4b would receive their emails to do exchanges on  Fri. or Sat. 19, 20 April. A Bank Contact told Bruce that Tier4b would be notified over the weekend, meaning Fri, Sat. or Sun. 19, 20, 21 April.

 The new Dinar and other currency International Rates of the 32 nations would go public when the Forex reopened at 5 pm EST on Sun. 21 April.

Congrats to Ness Shara people this is exciting BY PIMPY

"RV UPDATE" BY TNT, 20 APRIL

 Fri. 19 April TNT Tony

Iraq’s Sudani headed back to Iraq Fri. night. Multiple high-order contracts have been signed!

Sources in Iraq say this will be done by Mon. 22 April.
Expect our announcement by Monday. (Probably Sunday) Everything is done and ready to go!

Banks  have been told to be ready!
The release process will start as soon as the delegation arrives in Iraq. I received a message near the end of the call that the process has just started in Iraq.
ZIM 2008 / 2009 – 50 -100 T notes are the notes targeted for redemption.

Bolivar is still in the first basket.
IQD Contract Rate will only be available at a Redemption Centre.
Wed. 17 April MarkZ: The Bond Folks have expectations of things starting before Mon. 22 April.

Note from Wolverine’s Friend Richard , 20 APRIL

Note from Wolverine’s Friend Richard

  “I am involved on both sides, both on the bond sellers and also the bond buyers side as well. I wanted to clarify the importance of the message from MarkZ about final contacts being received by the sellers.

 Over the past 4 to 5 years, thousands of contracts have been put together, but they have always been just by the sellers. The sellers have never received contracts from the buyers because of the confidentiality.

 
What is happening, now, and as MarkZ said, for the first time, is actually the sellers, who are the owners of the bonds, have now finally received what is called the MOTHER CONTRACTs, which are the contracts from the buyer’s side. This is only being done because it is the start of the payment. So, the MOTHER CONTRACT is the only time that the seller’s contract and the buyer’s contracts are joined together. So that is a very big step. 
Once that is put together, then the paymasters can be authorized to start the payments. This is a very big step, and this is happening to our clients in many territories including Zurich, Hong Kong, and Brazil. It seems very likely we should be able to cross the finish line by next week. We have top contacts on the buyer’s side who write up for redemptions, and, they have it confirmed that the payments have been starting, following the final contracts. This news is straight from Reno.  Things are definitely starting in Reno.” 

Iraqi Dinar update for 04/19/24 - Is this going to be the exchange rate BY PIMPY

"REMEMBER ELECTRICITY WILL BE NEEDED FOR THE RI" BY FRANK26, 20 APRIL

 KTFA

FRANK26: "REMEMBER ELECTRICITY WILL BE NEEDED FOR THE RI"..........F26

Stellar Energy pledges to Sudanese to quickly complete two electricity projects in Kirkuk and Sadr City

 

4/16/2024

The director of the American company "Stellar Energy" pledged during a meeting with the Iraqi Prime Minister in Washington, DC, today, Tuesday, to quickly complete the two combined cycle projects in the Kirkuk and Sadr City power stations .

 

Al-Sudani's office said in a statement received by Shafaq News Agency, that the latter received, today, at his residence in the American capital, Washington, a delegation from the American company Stellar Energy, headed by the company's CEO, Peter Gibson.

During the meeting, according to the statement, mechanisms for cooperation with the company in the electricity sector were discussed, and the implementation progress of the company’s projects being implemented in Iraq was reviewed.

Al-Sudani stressed the need for the company to expedite the completion of the work of the projects contracted with the Ministry of Electricity, which are the two combined cycle projects in the Kirkuk and Sadr City power stations.

For his part, Gibson confirmed the company's readiness to accelerate the completion of the aforementioned projects, enter into the field of developing various energy projects, and work to introduce systems to reduce carbon emissions.

LINK