"STATUS OF THE IRAQS ACCESSION TO THE WTO" BY MNT GOAT, 28 FEB

STATUS OF IRAQS ACCESSION TO THE WTO

The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to ensure that trade flows as smoothly, predictably and freely as possible.

As citizens of the U.S. we know that during the Clinton and Obama era there were some really bad trade agreement treaties that grossly offset the trade balance between the U.S. and particularly China. There were two treaties especially that were very bad for America- NAFTA and GANTT. How could any patriotic president ratify such bad treaties, hurtful to American industry? These were unfair treaties putting China (and other countries) at an advantage importing much more into the U.S. than the U.S. to China. This caused a massive TRADE DEFICIT costing the U.S. hundreds of billions of dollars each year. It stripped vital industries from the U.S. and exported the factories to third world countries. So much for the WTO. Is actually just another organization doing the bidding of the United Nations, now run by the Globalist elite? 

Treaties in Force – United States Department of State

Under president Trump he overturned many of the errored part of these treaties and corrected the trade imbalance. Under Biden an attempt was to regain the errors that Trump had fixed and bring back the Clinton and Obama era unfair trade treaties. Of course, Joe Biden is actually working for the Chinese as we have seen his brother and son buying influence around the globe. So, go figure who Joe is really representing and its certainly not America. 

But what will happen to Iraq? Will these same bad characters in the U.S. government attempt to also screw up Iraq and tightly control its economy? Is this the game they are playing? There are a few articles in today’s news that suggest this may be the case.

Remember the WTO is part of the United Nations Organization and so go figure what these globalist have in mind for Iraq and the U.S. By the way there has not yet been any official announcement of Iraq’s full accession to the WTO. 

Click on the picture below to enter the WTO portal.

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

Deleting Zeros Activated!💣Reinstatement = $3.21?🤔Iraq Dinar RV Updates |...

Coffee with MarkZ and Andy Schectman. 02/28/2024

The Central Bank issues a 3-point decision in favor of Kurdistan money changers, 28 FEB

The Central Bank issues a 3-point decision in favor of Kurdistan money changers

Erbil – 964
The Ministry of Trade and Industry of the Kurdistan Regional Government announced, today, Tuesday, that it had reached an agreement with the Central Bank that would facilitate the registration of Kurdish exchange companies, and make them equal to Iraqi companies, including three points, most notably the cancellation of the capital requirement of 2.5 billion dinars to obtain business licenses.

A statement by the Ministry of Trade and Industry in the Regional Government, translated by 964 Network:
Balbad Muhammad Mawloud, Director of Companies Registration, visited the Central Bank of Iraq and was received by Ali Al-Alaq, Governor of the Central Bank, on Monday, February 26, 2024, and in a meeting attended by Bakhtiar Haj Muhammad, Director General of the Kurdistan Regional Government Representation in Baghdad and Director of National Companies, and Kazem Namik, Director General of the Central Bank Branch. In Erbil, the Director of the Non-Banking Financial Institutions Supervision Department discussed the problems of currency exchange companies in the Central Bank of Iraq and agreed on several points:
1. Until 3/31/2024, exchange companies in the Kurdistan Region have the right to complete (merger) procedures and comply with all requirements of the Central Bank. Conversely, after this date, they will not be entitled to obtain a license from the Central Bank for category (A) and (B) licences.
2. At the request of the Director General of Company Registration, one of the requirements was canceled, which was that the company’s capital be 2.5 billion dinars, whereas previously, companies had to deposit this amount in the Central Bank of Iraq as a condition for obtaining a license.
3. Companies that meet all central bank requirements will be granted a central bank license in the coming weeks.

964media.com

“ENOUGH OF CONTROLLING THE COUNTRY’S MONEY" BY MNT GOAT, 28 FEB

A PARLIAMENTARIAN ACCUSES THE US FEDERAL RESERVE: “ENOUGH OF CONTROLLING THE COUNTRY’S MONEY.”

Today, Thursday, a member of the House of Representatives, Thaer al-Jubouri, accused the United States of America of controlling Iraq’s funds through the Federal Bank, while stressing that Washington is creating pretexts to control a number of files. 

Al-Jubouri said, in an interview with Al-Maalouma, that “America is trying to force the country to pay the price of solidarity with the Palestinian cause and a position against the Zionist entity,” pointing out that “achieving economic independence is extremely important for the development of the Iraqi economy.” 

He continued, “One of the reasons for the crisis of the rise in the parallel exchange rate of the dollar is the interventions of the US Federal Reserve, which makes decisions and imposes sanctions,” adding that “America controls the rise and fall of the dollar price through many of the schemes it follows.” 

Al-Jubouri concluded his speech by saying, “Washington always tries to influence the government’s steps that seek to achieve economic and military independence for the country,” accusing “the United States of America of dominating Iraq’s funds through the Federal World Bank.”  

In an interview with Al-Maalouma, a member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, criticized “the US Federal Reserve’s sanctions on Iraqi banks,” noting that they are “an attempt to undermine the government’s success that the latter is pursuing.”

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

Iraqi Dinar🔥Finally Iraq Put New HCL Law With International IQD Rate-Ira...

Parliamentary agreement with the European Union mission: European financial and banking institutions are preparing to invest in Iraq, 28 FEB

  Parliamentary agreement with the European Union mission: European financial and banking institutions are preparing to invest in Iraq

2/27/2024

The Parliamentary Investment and Development Committee agreed, with the European Union mission in Iraq, on a number of economic files, while the European mission revealed new financial and banking projects to work in Iraq.

The head of the committee, Representative Hassan Al-Khafaji, said in a joint press conference today, Tuesday, “We hosted the European Union ambassador to discuss a number of files related to new legislation. We also agreed to cooperate to combat corruption, and to work together to allow European companies to enter the Iraqi local market, exchange economic and commercial experiences, and open new European factories.” In Iraq and refining the capabilities of Iraqi competencies in various fields.

He added, "We asked the European side to open a permanent office and headquarters inside Iraq because they currently have no headquarters except inside the British Embassy. We also asked to open banking branches in Iraq that finance industrial and investment projects, with full support provided by the government and the House of Representatives in matters of reconstruction, investment, and loans." He pointed out that there are currently joint projects in Baghdad, Babylon, and Karbala, where the European Union is interested in infrastructure. He

continued to say, “We requested funding for many projects, especially with Iraq’s accession to the International Arbitration Organization and the vote on the partnership law between the private and public sectors, which allows foreign companies to enter.” And to work in Iraq and participate with the private sector for reconstruction and building the new Iraq. We also agreed on unified action to bring in reputable companies similar to companies operating in the Middle East and international companies that contributed to building Iraq’s factories during the era of the eighties and seventies.

In turn, Ambassador Thomas Seller said, “We met with Parliamentary Investment and Development Committee: As a European Union mission, we concluded that the European Union must make more efforts for European companies to invest in Iraq, and we must work together to provide the conditions that enable Europe to invest more in Iraq.”

He added, "We discussed the legislative necessities in order to achieve economic stability in Iraq, as well as investment stability, and these are steps that must be taken by the Iraqi parliament, and there are many laws that support this, including the investment law, the partnership law between the public sector and the private sector, and others, and all of this is part of the trend." The government aims to combat corruption and support investment and the economy.”

He added, "We discussed many issues and details, and all of these are part of Europe's interest in the stability of Iraq, because we see that Iraq can play an important central role in the region politically and economically, and in order to achieve this we must talk about developing the European Union's investment programs, especially the financial and banking institutions, which are The European Bank for Reconstruction and Development, which we expect will soon come to work in Iraq, as well as the European Investment Bank, which is concerned with providing loans and expertise to support infrastructure projects.”

He explained, "This matter requires a lot of continuous work, but we have committed ourselves to working in this aspect for the benefit of the Iraqi citizen, and we will cooperate with the local authorities to achieve this." LINK