Prime Minister: The development road project is a large economic corridor linking the port of Faw with Europe via Turkey, 17 FEB

 Prime Minister: The development road project is a large economic corridor linking the port of Faw with Europe via Turkey

Economy News - Baghdad

Prime Minister Mohamed Shia Al-Sudani confirmed on Thursday that the development road project is a large economic corridor linking the port of Faw with Europe via Turkey, while revealing that the port will be opened in mid-2025.

The Prime Minister's Media Office said in a statement, seen by "Economy News", that "Prime Minister Mohamed Shia Al-Sudani attended a dialogue seminar held on the sidelines of his official visit to the Netherlands, in the presence of a group of businessmen and representatives of 40 Dutch companies."

Al-Sudani pointed - according to the statement - to "bilateral relations with the Netherlands, and the aspiration to develop them, especially in the economic aspect," stressing, "Iraq is going through a state of recovery today, at various levels, after overcoming the stage of the war on ISIS, in which the Iraqi people won, with the support and backing of the international community, and the Netherlands was among the countries supporting these efforts."

On the other hand, he added, "We asked the international coalition to end its 10-year mission in Iraq, in light of the readiness and efficiency of the Iraqi security services," noting, "The government has priorities, including reforming the Iraqi economy, and we cannot continue to rely on oil revenues only."

He continued, "We are moving on two tracks: the first is to achieve reforms in various economic, banking and financial sectors, and gas investment, and the other is to implement projects that provide jobs and meet our needs of services and goods," explaining that "Iraq imports annually $ 70 billion of goods (2020), and with the Netherlands we have imports of about $ 500 million annually."
"We have started the program of optimal water use, in the conditions of scarcity that the region and the world are experiencing," he said.

He added, "We supported farmers and farmers in the acquisition of modern irrigation systems, and we are trying to invest successful experiences in the Netherlands to confront water scarcity in Iraq," noting that "one of the outputs of the meeting with the Dutch government is the formation of a cooperation council between Iraq and the Netherlands, to follow up on all files, including the Agriculture and Water Committee."

The prime minister stressed, "We succeeded in approving a three-year budget, which is a message of stability in the implementation of projects without delay," noting that "the Iraq Fund for Development will enter with the private sector in the implementation of projects away from the government, whose role will be planning and organizing."

For the first time, the government provides sovereign guarantees to the private sector of up to 85% for any project being implemented," he said.

We need a group of factories that provide construction materials for new cities and invest in existing natural resources," he said, adding, "Iraq has adopted the development road project, which is the large economic corridor that connects the large port of Faw to Europe through Turkey, all the way to the port of Rotterdam."

He also pointed out that "the development road saves time and transportation costs, and will contain railways without stopping," pointing out that "the large port of Faw will witness the light and opening in mid-2025, and one of the ships has docked a trial berth on one of its five berths."

He added, "We submitted the draft law on economic amendments, which will provide an attractive environment for the private sector, and provide a percentage of ownership for the foreign company up to 100%."

We have embarked on a radical reform of the financial and banking sector, and procedures related to compliance with international standards in remittances," he said, stressing that "international and Arab banks have begun to open their branches in Iraq."

He pointed out that "all nationalities are currently working in Iraq, and at the level of the European Union, there are French, Italian, German, Spanish and Austrian companies, as well as Asian, Arab and from the countries of the region."

He concluded by saying: "There is a will and work at all levels of Iraqi state institutions to move to a better reality”

"RV UPDATE: INTERNET GROUP" BY BEARDED PATRIOTUSA, 16 FEB

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Within 10 months. About 318,000 cargo trucks crossed from Iran to Iraq, 16 FEB

  Within 10 months. About 318,000 cargo trucks crossed from Iran to Iraq

Twilight News / The Director General of Customs of the Iranian province of Kermanshah, Ali Asghar Abbaszadeh, announced on Thursday, that about 318 thousand trucks loaded with various goods crossed through the port of Kermanshah to Iraq in ten months.

Quotes Iranian Mehr Agency, in a report translated by Shafaq News Agency, about Abbaszadeh, He said that the number of trucks exporting goods in ten months of this year (the Iranian year) starts on March 21), which crossed into Iraq from Kermanshah customs amounted to 317,000 and 898 trucks.

He added That the customs of Pervizkhan border with Iraq had the largest share of trucks carrying Goods, numbering 119,039 trucks.

Noted The share of Khosravi customs in trucks amounted to 79,542 trucks, and Sumar customs 61 Two thousand and 237 trucks, and Sheikh Saleh customs 35 Two thousand and 285 trucks, and the Shoshmi customs had a quota of 22 thousand and 795 trucks.

And seal Abbaszadeh said that the total load of exported trucks amounted to 6 million and 75 thousand and 865 tons, pointing out that the value of these goods amounts to two billion and 587 million dollars, and one of the most important commodities Export rebar, iron, ceramic tiles, building stones, fruits vegetables, dairy products, all kinds of plastic products, containers that Disposable use.

"ANALYSIS OF IRAQ NEWS:AL-MANDALAWI: THE COMING WEEKS WILL WITNESS THE LEGISLATION OF THE LAW ENDING THE AMERICAN PRESENCE IN IRAQ" BY MNT GOAT, 16 FEB

AL-MANDALAWI: THE COMING WEEKS WILL WITNESS THE LEGISLATION OF THE LAW ENDING THE AMERICAN PRESENCE IN IRAQ

Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, announced on Wednesday that “the coming weeks will witness the legislation of the law ending the American presence” in Iraq, with Baghdad and Washington resuming talks on scheduling the withdrawal of international coalition forces from the country and ending their presence there.

A statement from the office of the First Deputy Speaker of Parliament, a copy of which {Al-Furat News} received, stated that Al-Mandalawi “received, today, Wednesday, the head of the Iranian judiciary, Gholam Hossein Ejei, and his accompanying delegation, in the presence of a number of representatives and the Iranian ambassador to Iraq, Muhammad Al-Sadiq.”

Al-Mandalawi stressed that “the repeated American attacks on Iraqi sites and figures are in violation of international law and would disturb relations between the two countries,” expressing the House of Representatives’ keenness to implement its previous decision to remove foreign forces from the country, while stating that the coming period will witness the enactment of a law to completely end their presence, and that Iraq is a country a strong person who does not need foreign forces to protect him, calling at the same time on Arab and Islamic parliaments to enact laws to hold the Zionist entity and the countries that support it accountable and to criminalize relations with them.”

 Al-Mandalawi said, “The legislative authority is keen to strengthen relations with all countries of the region and neighborhood, and it believes in cooperation and integration with the Iraqi executive and judicial authorities, and supports bilateral agreements and treaties in the field of judicial and legal cooperation between the judicial authorities of the two countries, stressing that Iraq’s role is consistent with Palestine’s, The international system and the countries of the region in particular are responsible for stopping the brutal Zionist aggression in Gaza.”

For his part, the Iranian judiciary chief praised the role of the Iraqi Parliament, describing it as exceptional, as it was the first parliament to enact a law criminalizing normalization with the Zionist entity. This is an honorable position and one to be credited with, stressing that the Iraqi people can manage their country in the way they see fit, while calling for “More cooperation between the parliaments of the two countries on regional issues, especially since Iraq’s position is influential and effective.”

(Of course when the article uses terms like Zionist to describe American forces, it becomes apparent that this is coming from Iranian backed factions who would luv to see the US pull out so they can fill the gap, like ISIS tried to do in 2014.)

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

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Al-Sudani urges British companies to go to Iraq: We have fertile ground for investment, 16 FEB

 Al-Sudani urges British companies to go to Iraq: We have fertile ground for investment

Prime Minister Muhammad Shiaa Al-Sudani stressed, this Friday morning, that Iraq has become a “fertile land” for investment and economic work, calling on British companies to search for their opportunities in the Iraqi environment.

Al-Sawadni’s media office stated in a statement received by Shafaq News Agency, that the latter received British Foreign Minister David Cameron, on the sidelines of participation in the Munich Security Conference 2024.

During the meeting, Al-Sudani discussed bilateral relations between Iraq and the United Kingdom, and the importance of upgrading and strengthening them in all aspects, in a way that serves the common interests of the two friendly countries, noting that Iraq today represents fertile ground for investments and economic work, and that the doors of investment are open to British companies.

He pointed out that the government seeks to organize work with the international coalition, move towards ending its presence in Iraq, and move to multiple bilateral relations with the coalition countries.

Regarding the situation in Gaza, Al-Sudani stressed the need for the major powers to exercise their role in ending the ongoing war in the Palestinian territories, and stopping its repercussions on the security of the region and the world, and the necessity of protecting civilians and providing urgent humanitarian aid to them, after the comprehensive destruction caused by the occupation forces in the Gaza Strip.

For his part, Cameron expressed his country's desire to expand relations with Iraq, to achieve mutual benefit, stressing that these relations should not be limited to the security aspect, which is being organized through Britain's participation in the international coalition, but rather his country desires to find multiple partnerships with Iraq, especially in economic and development aspects.  link