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Foreign Minister: Iraq Will Expand Its Production Of Natural Gas , 3 MARCH

 Foreign Minister: Iraq Will Expand Its Production Of Natural Gas

2024-03-02 Shafaq News/ Iraqi Foreign Minister Fuad Hussein confirmed on Saturday that his country’s government intends to expand its production of natural gas, and not rely on oil as the sole source of income.

Hussein said in his speech during the Antalya Diplomatic Forum held in Turkey, "We have a government that is working to revive and strengthen the agricultural sector, as well as expand natural gas production."

He added, "Iraq should not rely solely on oil in the coming years," adding, "We have very good trade relations with Turkey and Iran."   LINK

"RV UPDATE" BY PIMPY, 3 MARCH

 Pimpy  

Article: "Sudani: Investment environment in Iraq is promising and open"  Remember they have to be able to draw in foreign investors.  As long as the country appears to be stable, the economy looks to be stable, the exchange rate looks to be stable, the currency looks to be stable, it's all promising...this is all great news.  This is one hell of a day for Iraq...

 Today easily has got to be one of the best days of news for Iraq I've seen in a long time.  They have been busting their asses to get their country in line to get back out and do business on the international market...One great article after another...

Here's the biggie everybody is celebrating.  We're not there yet but very close. Article:  "Iraq has completed requirements to join WTO: Minister"  We have to wait till they get voted in.  Yes they completed all the steps.  Let's hope they keep their nose out of trouble and finally get accepted...Iraq is right there at the cusp, man, it really is.  This is big news.

Iraq in Very Good Position!💣CBI on a 24hr Watch?🤔Iraq Dinar RV Updates |...

Masrour Barzani Discusses With A US Treasury Official Reforming The Financial And Banking System In Kurdistan, 3 MARCH

 Masrour Barzani Discusses With A US Treasury Official Reforming The Financial And Banking System In Kurdistan

2024-03-01 Shafaq News/ The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, discussed on Friday, with the US Treasury Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, reform of the financial system and the banking sector.

A presidential statement received by Shafaq News Agency stated, “Barzani met with the Undersecretary of the US Treasury for Terrorism and Financial Intelligence, Brian Nelson, and the two sides exchanged views on strengthening bilateral relations and ways to support the reforms implemented by the Kurdistan Regional Government within the framework of the ninth ministerial formation.”

The statement added, "The two sides discussed reforming the financial system and the banking sector, in addition to discussing the (My Account) project and the digital transformation of public services." LINK

"RV UPDATE" BY FRANK26, 3 MARCH

 Frank26   

 Question:   "Will they make a formal announcement in Iraq just prior to letting the RI go?" 

 No.  There won't be any announcement.  It's actually going to be snuck up on them.  One day the Iraqi citizens will wake up and they'll get a text or ping or whatever and they'll be notified to get your butts into the banks and they will be given what will be given to them...

  Article:  "Multiple advantages and an important turning point... How did electronic payment methods affect the Iraqi economy?" Quote:   "Al-Shabani...explained the possibility of absorbing approximately 92% of the cash mass saved in homes after the complete shift towards electronic currency dealing..."  They recovered 92% of the 3-zero notes...

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