Iraq calls on Iran to participate in investment projects to establish industrial and free zones between the two countries
The Undersecretary of the Ministry of Commerce for Administrative Affairs, Sattar Al-Jabri, met today, Friday, on the sidelines of his leadership of the Iraqi delegation in the meetings of the Iraqi-Iranian Trade Committee in Tehran, with many representatives of the Iranian private sector and invites them to participate in investment projects to establish industrial and free zones between Iraq and Iran.
Al-Jabri confirmed in a statement received by Earth News that “the meeting took place during his visit with the delegation, the Federation of Industries and Chambers of Commerce in Mashhad, and the Deputy Governor of Mashhad for Economic Affairs, and in the presence of the Iraqi consul there, to discuss the possibilities of joint trade cooperation between the two countries and investment opportunities in establishing industrial cities, free cities, and other investment projects.” Others available in both countries.
He continued, "The delegation visited the Iraqi consulate in Mashhad and met with the consul and consular staff to praise their distinguished role in following up with the Iraqi community, government delegations, and travelers."
Al-Jabri indicated at the same time that “the meeting also took place with the Federation of Chambers of Industry and Commerce in Tehran to discuss trade and investment cooperation.”
It is worth noting that the work of the Iraqi-Iranian Trade Committee concluded last Wednesday with the signing of a memorandum of trade cooperation to remove obstacles to the development of intra-regional trade, which continued over the twenty-sixth and twenty-seventh of this month of September. link
Fri. 29 Sept. Sheila: The HCL was being paid out today in Iraq. In-country Rate: $5+
Fri. 29 Sept. TNT call: The lower denominations are supposed to be released tomorrow in Iraq. The rate is expected to change sometime in the next 72 hours.
Walkingstick (an Iraqi citizen and bank owner): “The tender for the currency and coins has been met per request, meaning (requirements) for release of the new Iraqi Dinar exchange rate has been fulfilled.”
Wolverine: “The funds have been released and placed on the Quantum Financial System.”
Fri. 29 Sept was a dramatic beginning of the Stock Market Crash. The Chinese Communist Party Defense Minister, plus the CEO of the World’s largest real estate company, the CCP’s Evergrande, have gone missing – that halted Evergrande Shares on a Stock Market that was already in free fall, while odds soared for a US Government shutdown by Sun. 1 Oct. – any, or all of which could easily bring on a Global Financial Crisis that would trigger a Global Currency Reset.
In October SS payments would increase (up to $5500).
The first two weeks of Oct. NESARA should pay out (reclamation funds).
Sun. 1 Oct was the first banking day of October in the Mideast and was also the starting of the new US Fiscal Year. All banks were (allegedly) required to be on the gold/asset-backed Quantum Financial System rather than the old SWIFT System based on the fiat US Dollar; the new gold/ asset-backed US Note was expected to be announced and active, plus the new international rate for the Iraqi Dinar could be made public.
On Mon. 2 Oct. the Iraqi WS Bank US Branch would be open for business, while the US Inc. government would be (allegedly) shutdown – that expected to set off a worldwide financial crisis as the Stock Market reopened as sell offs continued that was expected to trigger a close of all trading until Tues. 3 Oct. morning.
On Mon. 2 Oct. and according to instructions given at Redemption Centers, Tier4b (us, the Internet Group) could be notified to set exchange and redemption appointments, although intel received from a high up source indicated that may not happen until Fri. 4 Oct. with appointments starting the next day.
Tues. 3 Oct. has been officially designated as the National Day of the Republic of Iraq to celebrate Iraqi freedom from the US Inc. Iraq would likely declare that they were a Sovereign Nation, although their Sovereignty could be (allegedly) announced in connection with announcement of the new Dinar International Rate on Sun. 1 Oct.
On that same Tues. 3 Oct. the Stock Market was expected to continue to sell off. When it hit 20% it would be considered the point of no return and would close.
By Tues. 10 Oct. the bulk of redemption appointments and exchanges were expected to be done.
The second week of Oct. the restitution and reparation funds will be given out for seniors over 60 in a lump sum; for ages 50-60 they will be paid out over a 12 month period and ages 30 to 49 paid out over a 15 year period.
On Wed. 1 Nov. it was the goal to have Currency Exchanges and Zim Bond Redemptions completed, at which time the US Federal Dollar would be considered worthless.
In November Social Security will be paid out in much higher payments.
The SS R&R payments start on a monthly basis beginning in Jan. 2024.
On 1 Jan. 2024 the fiat US Dollar will be worth nothing.(allegedly)
Starting 1 Jan. all currencies across the Globe will be on par 1:1 with each other.(allegedly)
[via WiserNow] ...they'll have their new rate out on Sunday. Whether it goes in the Gazette or not Saturday, doesn't really matter but it may - they are, as I mentioned going to be, like the independent nation and a sovereign state.
They're going to evidently talk about that a little bit when they bring their new rate out internationally on Sunday...what we heard...from our redemption center contacts, we really aren't looking to get notified over the weekend, anything is possible. We are hearing...that we should get notified on Monday...
So that's the timing that we have right now...I really truly believe they finally hit the end zone... I believe we should be good to go.
[via WiserNow] So if they do what they said that they were going to do - we're in pretty good shape -
Really good shape - and we'll get this party started before the end of the week...
Angel1
Sunday, Alaq makes an official announcement... there's going to be massive important shifts in external transfer mechanism and it says this came after an agreement between the CBI and the US Federal Bank. What they're saying is at the end of the year, January 1, the Central Bank of Iraq's auctions will be completely different. They will be run like all the other international central banks of the world. That's what will happen January 1. That's an announcement.
When Iraq got placed on sanctions, yes they got a program rate, but the nail that kept them functional to sanctions was the auctions...What they're telling us now is the way they've always done auctions is going to be gone...
The old way for you to pay for imports would be you would have to go to the auctions and do it through submitting invoices and proof and paperwork. It takes about 2 weeks...
Now a coffee shop is going to be able to pay his own import right through his bank like every other normal country in the world. We are excited...That means they're going to be an internationally acceptable...tradable currency. They're going to have value...
The de-dollarization of the country is happening before our eyes. If they're telling you they're restricting all transactions to the local currency the dollar in the country is going away...
The parallel market or black illegal market once they fix this is going to be see you later, bye.
Article quote: "All state contracts inside Iraq shall be in Iraq dinars.
" I don't know what else to say.
Alaq the central bank governor he's posting some things on the CBI website that's pretty powerful...24 pages of instructions talking about international banking...He also put a piece out specifically talking about a new system of external transfers...This particular piece is phenomenal because he's working with the Central Bank of Iraq and the United States Federal Bank...They're talking about different currencies.
..UAE dirham, Turkish lira, European euro, Indian rupee...He's been knocking it out of the park.
Optimism and challenges surround Iraq's energy sector amid pending oil and gas law, 29 SEPT
Shafaq News / A specialized energy news site reported today that relations between Erbil and Baghdad are considered crucial for unlocking the potential of Iraq's energy sector. While a government official expresses optimism about passing the oil and gas law by year-end and opening the door to investments, some sources caution against excessive optimism due to the lack of agreement with Turkey to reopen the Ceyhan oil pipeline.
According to the Oil & Gas site, Iraq stands on the brink of a significant transformation in its hydrocarbon industry with the implementation of the new oil and gas law.
The report emphasized that relations between Erbil and Baghdad are essential to unleash the energy sector's capabilities in Iraq, especially with the approval of the energy law, which will serve as a stable roadmap for harnessing this sector's potential.
Mudhhir Saleh, an advisor to the Iraqi Prime Minister, stated that this law will ignite investments in the energy sector and bolster revenues. However, he stressed the importance of swift parliamentary approval for this long-awaited law, which has been hanging for about 15 years due to disputes between pgovernorates and the Kurdistan Region (KRI).
The recent developments indicate that this long-awaited law is likely to receive approval after the local council elections scheduled later this year. This approval will pave the way for production-sharing agreements with foreign companies.
Despite this optimism, the report highlights a lingering issue regarding the Ceyhan oil pipeline between Iraq and Turkey, which ceased operations due to financial compensation disputes between the two countries.
While there are expectations of resuming the flow of approximately 470,000 barrels per day after a six-month hiatus, an unnamed high-level Iraqi source was quoted as saying that the pipeline's reopening is not imminent.
The report noted that Turkey may struggle to meet the required compensation obligations, as determined by the International Chamber of Commerce, amounting to $1.9 billion. The arbitration ruling concluded that Ankara breached its contract with Iraq by directly trading oil with the Kurdistan Regional Government (KRG) from 2014 to 2018. In response, Turkey initiated its own legal proceedings against Iraq, further complicating the matter.
In conclusion, the report stressed that reopening the oil pipeline faces multiple challenges, including financial compensation disputes and strained relations between Erbil and Baghdad. Nevertheless, Iraq expects that the implementation of the new oil and gas law will help resolve this conflict and unlock significant opportunities for the country's oil and gas sector.