Saudi Arabia strongly supports Iraq's accession to the World Trade Organization, 18 JAN

Saudi Arabia strongly supports Iraq's accession to the World Trade Organization, 18 JAN

On Wednesday, the Kingdom of Saudi Arabia expressed its support for Iraq’s accession to the World Trade Organization, especially after the removal of the political obstacles that prevented it.

The Iraqi Ministry of Foreign Affairs stated in a statement today that the Undersecretary for Political Planning Affairs, Ambassador Hisham Al-Alawi, along with Ambassador Saqr Abdullah Al-Muqbel, received the head of the team charged with negotiating Iraq’s accession to the World Trade Organization, and his accompanying delegation, at the Ministry of Foreign Affairs building in Baghdad, in the presence of Hussein Younis, Head of the Economic Department at the Ministry of Foreign Affairs.

The statement quoted the agent as saying during the meeting that: The Iraqi government is interested in openness to international organizations, and has a desire to activate Iraq’s presence in international forums, explaining that the Ministry of Foreign Affairs seeks to enhance regional and international cooperation alongside the relevant ministries in the government.

He pointed out that Iraq has natural and human resources and a specialized workforce in many fields that deserve to be provided with job opportunities, expressing his hope that Iraq’s accession to such organizations will contribute to providing such opportunities by increasing investments in the private sector in light of the current openness and the government’s plans. To develop the economy and develop its various sectors.

For his part, the head of the Saudi delegation confirmed that the Kingdom believes that Iraq is a country that has chosen peace and stability and seeks to achieve economic development, pointing to the importance of Iraq to the Kingdom of Saudi Arabia from an economic standpoint.

The Saudi delegation noted that the Kingdom believes that the political obstacles that prevent Iraq from joining the World Trade Organization have been removed, stressing that the Kingdom’s government supports Iraq’s desire to enter global economic institutions.   link 

"RV UPDATE" BY MILITIAMAN, 18 JAN

 Militia Man

  Article quote:  "We completed in one year the equivalent of more than 15 years of work..."

 The delegation has been working with Iraq to have an ascension to the WTO.  They're telling you they did the equivalent of 15 years worth of work in one year...It's flat out knock your socks off good information.  It's not me making it up, not anybody else making this stuff up.  This is what they're giving to us to share with you...

It's a numbers game and - the project to delete the three zeros, off of what?  Monetary transactions or we can say off the exchange rate...That's a key important thing.  Do the math on it ...

Article:   "Iraq returns to the World Trade Organization 14 years after its expulsion”

  They didn’t finish fifteen years of work in one year to not have accession. The development road and sustainable development projects are only just beginning. Iraq as we have been noting here has been setting the stage for entering the international financial system. We are a part of and watching history in the making!! This is truly an amazing article...

Responding to Nadar - Iraq is no Kuwait 01/14/24 BY PIMPY

Economist calls for the use of a basket of currencies to evaluate the Iraqi dinar, 18 JAN

 Economist calls for the use of a basket of currencies to evaluate the Iraqi dinar

Baghdad / Nina / An expert in economic affairs Raad Twig called on Wednesday to use a basket of currencies, whether the euro, Chinese colors and the UAE dirham in the evaluation of the Iraqi dinar in a way that crowds its calendar in the dollar.

Twig said in a statement to the Iraqi National News Agency / Nina / "As a result of the high competitiveness of the Iraqi economy in the field of monetary and commodity use in its trade exchange with other countries

And as a result of its use of the dollar and by 95% within the framework of the Iraqi electronic platform and for the most diverse monetary exchange and to prevent the monopoly of the currency of one country on the platform, a basket of currencies, whether the euro, Chinese colors and the UAE dirham, must be used in the calendar of the Iraqi dinar in a way that crowds its calendar in dollar".

He stressed that "allowing users of this basket of currencies to use the electronic platform will contribute to creating monetary balance and addressing any deficit in other currencies."

"RV UPDATE" BY CLARE, 18 JAN

 Clare 

 Article:  "The House of Representatives discusses the latest requirements for Iraq’s accession to the World Trade Organization"  Quote:  "... Iraq has completed all the requirements for joining the World Trade Organization in 2023, and only legislation remains."

Article:  "Al-Sudani leaves Baghdad for Switzerland to attend the Davos Forum"  Quote:  "On Monday, Iraqi Prime Minister Muhammad Shiaa Al-Sudani left the capital, Baghdad, for Switzerland to participate in the 54th session of the Davos Economic Forum."

 Article:  "With the exception of Iraq...the World Bank announces a rise in food sector inflation in the world"  Quote "...the International Monetary Fund announced a decrease in the inflation rate in Iraq, which is expected to stabilize due to the policy of the Central Bank of Iraq and the impact resulting from raising the exchange rate of the Iraqi dinar..."

"RV UPDATE" BY CLARE, 9 JAN

 Clare 

 Article:   "An Iraqi delegation heads to Washington within days, followed by a visit to Sudan"  Quote:   "Iraqi delegation will head to Washington within days, followed by a visit by Prime Minister Muhammad Shiaa Al-Sudani."

 Article: "Selling an Iraqi currency dating back to the era of “King Ghazi” for 100 thousand pounds sterling"  Quote:  "A very rare Iraqi currency dating back to the royal era was sold in the country, today, Monday, at a fantastic price of 100,000 pounds sterling, or approximately 187 million Iraqi dinars  ."

 Article: "Expectations that the decline in dollar prices will bring benefits to the Iraqi individual "  Quote:  "In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024. "

 Article:  "A financial expert points out the reasons for the continuous decline in the dollar exchange rate"   Quote:  "On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to...the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar...The dollar exchange rates against the Iraqi dinar will continue to decline, thus touching the official rate specified by the Central Bank ."

Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market”  Quote  “The US Treasury continues its cooperation with the Central Bank of Iraq,as many Iraqi banks have now formed relationships with  international banks for the first time.”   

  Article:  " CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules "  Quote:  " For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

  Article:  "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules"  Quote:  "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

Dinar RV News Today🔥PM Sudani Courts International Investors💣Iraq Bankin...

" RV UPDATE" BY WOLVERINE, 17 JAN

 Bearded PatriotUSA

Telegram post
1/16/24

Forwarded from Wolverine:

Just to give you guys updates 

Certain whales are receiving travelling expenses to fly to their respective redemption centres. 

We are definitely close so please have faith 

Blessings 

Wolverine

https://t.me/TruthWarriorsUnited/169845