Wednesday, April 16, 2025

AMAR: VIETNAM IS DISCUSSING RATE CHANGE!! ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

US OFFICIAL: WE HAVE HUGE OPPORTUNITIES IN IRAQ, 16 APRIL

US OFFICIAL: WE HAVE HUGE OPPORTUNITIES IN IRAQ

The Vice President of the US Chamber of Commerce, Steve Lutes, announced that “his country’s companies in the energy and healthcare sectors will visit Baghdad in the coming period,” stressing that “there are tremendous opportunities in Iraq.”

A US delegation arrived in Iraq last Monday, the largest US trade mission ever, comprising representatives from 60 companies across various sectors.

In a statement seen by Al-Masry Al-Youm on Thursday, Lutz said, “The American delegation listened to a speech by Prime Minister Mohammed Shia al-Sudani regarding relations between Iraq and the United States and ways to develop them.”

He added, “The US economic delegation signed several important agreements with Iraq, some of which were attended by the Iraqi Prime Minister, and this was in coordination with the US Treasury Department.”

Lutz noted that “this visit will be a new spark for developing relations between American economic and business companies and Iraq, especially given the many investment opportunities we seek to capitalize on in light of the long-term partnership with our Iraqi partners.”

SANDY INGRAM: Iranians attack Iraqi markets and create wealth with sanctions, 16 APRIL

SANDY INGRAM: Iranians attack Iraqi markets and create wealth with sanctions

Highlights

Summary

In the video, the speaker discusses the current demands of the United States towards Iraq amid ongoing sanctions against Iran. The U.S. administration has established three key requests for Iraq: re-establish oil agreements between the Kurdistan Regional Government (KRG) and Turkey, disarm Iran-backed militants, and cease purchasing electricity from Iran.

The speaker provides a historical overview of U.S. sanctions against Iran, outlining how these measures began in 1979 and evolved over time, particularly due to concerns regarding Iran’s nuclear ambitions and its support for militant organizations.

The narrative explains how Iran’s economy has increasingly relied on Iraq to offset the negative impacts of these sanctions. The close proximity and cultural ties between the two nations have allowed Iranian businesses to expand into the Iraqi market,

providing more affordable goods and services due to the devaluation of the Iranian currency. However, while this situation generates economic opportunities for some, it has concerning implications for Iraqi industries,

creating wealth on the black market. Ultimately, the speaker suggests that the sanctions are inadvertently fostering corrupt practices, benefiting certain organizations that exploit the economic turmoil caused by the sanctions.

💰 The U.S. demands Iraq stop purchasing electricity from Iran.
⚔️ U.S. wants Iran-backed militants disarmed in Iraq.
🌍 The historical context of U.S. sanctions against Iran dates back to 1979.
🔁 The Joint Comprehensive Plan of Action (JCPOA) aimed for sanctions relief in exchange for curbing nuclear activities but became complicated after 2018.
💡 Iranian businesses are using cultural ties to penetrate the Iraqi market due to sanctions.
⚠️ Iraqi industries may face potential threats from the influx of Iranian goods.
📈 Sanctions have generated a black market, enriching corrupt organizations in the region.

Key Insights

📜 Historical Context of Sanctions: The sanctions against Iran were first imposed in response to the hostage crisis in 1979, illustrating the long-standing tensions between the two nations. These measures intensified due to Iran’s nuclear ambitions and involvement in regional conflicts, marking the complexity of geopolitical dynamics affecting economic relations in the Middle East.
📉 Impact of Sanctions on the Iranian Economy: The enduring sanctions have severely impaired Iran’s economy, pushing it to seek alternative markets for survival. Iraq, with its geographical proximity and socio-cultural ties, becomes a critical outlet for Iranian goods, thereby unintentionally altering the economic landscape in Iraq.
🛢️ Oil and Electricity Revenue: The U.S. demand for Iraq to halt electricity purchases from Iran highlights the strategic importance of energy independence. While this aligns with U.S. interests in reducing Iranian influence, it also places Iraq in a precarious position relying on its energy infrastructure amid political and economic instability.
🎯 Strategic Demands by the U.S.: The three demands set forth by the U.S. reflect broader geopolitical strategies aimed at curtailing Iranian influence in the region. Disarming Iran-backed militants aligns with U.S. efforts to stabilize Iraq and counteract Iran’s growing military footprint.
💬 Black Market Dynamics: The rise of black market activities in Iraq is a direct response to the economic pressure exerted by sanctions. While some Iraqi businesses benefit from low-cost Iranian goods, this creates an inequitable market where formal industries may falter under the competitive pressure of illicit trade.
💤 Corruption and Wealth Distribution: The discussion of wealth accumulation among cartel-like organizations emphasizes the corrupt practices that proliferate in sanctioned environments. The instability created by sanctions often leads to increased corruption, as entities take advantage of the void left by weakened governance and economic hardship.
👥 Social Implications of Economic Ties: The increasingly rich relationships between Iranian businesses and local Iraqis, often perceived in a negative light, shed light on the complicated socio-economic implications of sanctions — where potential benefits for some coexist with risks for collective national stability and legitimacy of governance.

This analysis highlights the interconnectedness of political policies, economic realities, and social dynamics in the context of U.S.-Iran relations and their repercussions on Iraq’s landscape.

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The Prime Minister Affirms The Continuation Of Cooperation Between The Iraqi Government And The Specialized Agencies Of The United Nations., 16 APRIL

The Prime Minister Affirms The Continuation Of Cooperation Between The Iraqi Government And The Specialized Agencies Of The United Nations.

Prime Minister Mohammed Shia al-Sudani affirmed on Monday the continuation of cooperation between the Iraqi government and the specialized agencies of the United Nations.

The Prime Minister's media office stated in a statement received by the Iraqi News Agency (INA), that "Prime Minister Mohammed Shia al-Sudani received the Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed al-Hassan, and during the meeting, the path of cooperation with the United Nations and the procedures for ending the work of the international mission operating in Iraq were reviewed."

During the meeting, the Prime Minister praised "the significant and important role played by the UN mission in assisting Iraq over the past two decades," stressing "the continuation of cooperation between the Iraqi government and the specialized agencies of the United Nations, particularly in the areas of administrative reform and climate change."

He pointed out that "the region needs cooperation and coordination among its various countries to achieve common security," reiterating "Iraq's support for the ongoing dialogue between the United States of America and the Islamic Republic of Iran."

For his part, the Special Representative of the Secretary-General of the United Nations affirmed, according to the statement, "the international organization's readiness to support Iraq's vision regarding the challenges facing the region."

TIDBIT FROM FRANK26, 16 APRIL

Frank26

Everything we have seen is plowing the fields to bring forth a new exchange rate IMO, a new exchange rate with purchasing power for the Iraqi citizens.

Unfortunately there's a lot of noise around the monetary reform process right now, or should I say progress and that noise starts with Iran. But the security and stability that has been missing while they stole your money, Iraq's future, is now established in your country.

You see the evidence of it every day. That's why you [Iraq citizens] are being taught the monetary reform literacy. That's why the whole world is pouring in, because they feel safe now.

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