Friday, March 22, 2024

Sudanese adviser reveals benefits of Iraq joining European Bank membership, 22 MARCH

  Sudanese adviser reveals benefits of Iraq joining European Bank membership

Mawazine News

The Prime Minister’s Advisor for Finance, Mozhmeh Mohammed Saleh, on Friday summarized the benefits of Iraq joining the membership of the European Bank for Reconstruction and Development.

Saleh said, to the official agency of his follower / Mawazine News, that "There is a positive syndrome between building the development strategy embodied today by the government's philosophy of launching the development initiative with comprehensive sectoral economic links, which is called the project (development road), which is the corridor and strategic project that connects the European Union countries in Asia through Iraq and the Gulf maritime corridors and vice versa on the one hand

And the requirements for implementing the various stages of the development road through the role occupied by Iraq's membership in the European Bank for Reconstruction and Development on the other hand, especially in the preferences of obtaining European technology and ensuring the role of EU countries companies in implementing the development path with its joints, whether in infrastructure and projects industrial productivity and various logistics services.”

He added that "the membership provides our country with the likelihood of obtaining easy financing, technical assistance and its requirements Europe in supporting development activity in our country in its various joints and sectors," continuing that "Iraq's accession to the membership of the European Bank for Reconstruction and Development represents a broad view that carries strategic dimensions in the cohesion of the climate of economic development in Iraq and in accordance with the requirements of the government program and the national development plan 2024-2028, while embodying the needs of our country for the sustainability of international cooperation in reconstruction, development and sustainable development in the long term."

'RV UPDATE" BY FRANK26, 22 MARCH

 Frank26 

  I believe, God willing, everything is coming to a culmination, to an apex.  That's why so many things, electronic payment system, WTO, Chase [bank] talking...All of these things are for a very good reason and that is we are all going to be exchanging soon.

 There is NO LOP happening and the 1.32 Dinar to $1 USD is in country as the FOREX numbers will be far more attractive.

"THE OLD IQD NOTES VS THE NEW IQD NOTES" BY FNU LNU, 19 MARCH

  Fnu Lnu  

 On the issue of Old Notes (circulated) versus New Notes (uncirculated) I can tell you this. The "Oil for Dinar" program is very real and those are called Private Placements. They require ONLY uncirculated notes to participate. 

Otherwise, if you aren't in such a Private Placement exchange then it doesn't matter at all. Also, new uncirculated notes of certain serial numbers are going to be used as Bonds. The new Dinar have all the info needed to be used as bonds and it was planned this way before the new notes were printed . They will be used on the unregulated trading platforms in Shanghai as part of certain trading packages.

---

 [Reply to Guru Frank26's Dinar on Forex post 3-5-2024 below]  

There is no such thing.  A) The rule of One Price and B) There is no back side or private side to FOREX...With that being said: There are platforms in Shanghai and Singapore that are totally unregulated. 

It is the wild west of commodity trading and they create investment packages where they bundle up packages containing many different speculative investments into a bundle and trade those.  But that isn't happening now either though it was a thing with the IQD several years ago but not now..

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-fnu-lnu-6-march.html

Iraqi Dinar News Citizens Trust Issues, Exchange Rate, Credit Rating, E...

Revealing a move to lift US sanctions on banks, 22 MARCH

 Revealing a move to lift US sanctions on banks

Today, Thursday, a member of the House of Representatives, Muhammad Saadoun, revealed a government move to lift the sanctions imposed on Iraqi banks by the US Federal Reserve, while confirming that the joint committees have made great progress in the ongoing negotiations on many files.

In an interview with the Maalouma Agency, Saadoun said, “The file of removing American combat forces is the first file in the negotiations,” noting “the necessity of giving the government a full opportunity in the negotiations with Washington.”

He continued, "The files being discussed now are not limited to combat forces only, but also include the economic and political aspects," pointing out that "the government's efforts have begun to lift the sanctions imposed on banks." 

Saadoun concluded his speech: “The removal of American combat forces has reached advanced stages in terms of setting the timetable and other points,” indicating that “the joint committees have made great strides in the ongoing negotiations on many files.”

The US Treasury Department had imposed sanctions yesterday. On 14 Iraqi banks in order to remove them from the currency auction platform at the Central Bank, and this is what many consider to be a purely political decision to bring the dollar crisis back to the forefront again. link

"RV UPDATE" BY FREEDOM FIGHTER, 22 MARCH

 Freedom Fighter ©


🇮🇶 Iraq PM to meet with Joe Biden at the White House on April 15th 


🟢Talking about US troop removal

🟢Financial reforms

🟢Modernization 

🟢Strengthening US/IRAQ relationship 


⚠️STAY GROUNDED it’s a process 



https://abcnews.go.com/amp/US/wireStory/biden-host-iraqi-leader-talks-underway-winding-coalition-108399491

Iraq opens new consulate in China, 22 MARCH

  Iraq opens new consulate in China

Baghdad - Iraq Today:

 The opening of the Iraqi Consulate General in Guangzhou, China, was announced at a ceremony attended by the Director General of the Consular Department of the Chinese Ministry of Foreign Affairs Wu Xi, Vice Governor of Guangdong Province, Lin Tao, and the Iraqi Ambassador to China Saeed Sahud, Consul General in Guangzhou, according to a statement by the Chinese Embassy in Iraq.

"On behalf of the Ministry of Foreign Affairs, Wu Xi congratulated the opening of the Consulate General of Iraq in Guangzhou," the statement said.

The statement quoted Wu Xi as saying, "2024 is a crucial year to comprehensively promote Chinese-style modernization. Under the wise leadership of President Xi Jinping, China strives to promote high-quality development and build a community with a shared future for mankind.

China and Iraq have a deep traditional friendship and have forged a strategic partnership, she said. We believe that the establishment of the Consulate General will provide a new window for mutually beneficial cooperation and friendly exchanges between China and Iraq, according to the statement.


"RV UPDATE" BY FNU LNU, 22 MARCH

  Fnu Lnu  

There is a debate over using the term "Redemption" instead of the term "Exchange".  What we will be doing is an exchange...A redemption is what you do with poker chips or other tokens. We are exchanging one currency for the equivalent in another currency...What you call it will have NO bearing on your tax status.

 There is NO LOP happening and the 1.32 Dinar to $1 USD is in country as the FOREX numbers will be far more attractive.

"THE OLD IQD NOTES VS THE NEW IQD NOTES" BY FNU LNU, 19 MARCH

  Fnu Lnu  

 On the issue of Old Notes (circulated) versus New Notes (uncirculated) I can tell you this. The "Oil for Dinar" program is very real and those are called Private Placements. They require ONLY uncirculated notes to participate. 

Otherwise, if you aren't in such a Private Placement exchange then it doesn't matter at all. Also, new uncirculated notes of certain serial numbers are going to be used as Bonds. The new Dinar have all the info needed to be used as bonds and it was planned this way before the new notes were printed . They will be used on the unregulated trading platforms in Shanghai as part of certain trading packages.

---

 [Reply to Guru Frank26's Dinar on Forex post 3-5-2024 below]  

There is no such thing.  A) The rule of One Price and B) There is no back side or private side to FOREX...With that being said: There are platforms in Shanghai and Singapore that are totally unregulated. 

It is the wild west of commodity trading and they create investment packages where they bundle up packages containing many different speculative investments into a bundle and trade those.  But that isn't happening now either though it was a thing with the IQD several years ago but not now..

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-fnu-lnu-6-march.html

TIDBIT FROM BRUCE, 23 NOV

   Bruce   [via WiserNow]  ...This past Saturday and this past Sunday...They took four of our currencies, Iraqi Dinar, Vietnamese Dong, Afgh...