Wednesday, April 17, 2024
"RV UPDATE" BY WOLVERINE, 17 APRIL
Tues. 16 April Wolverine
Al-Sudani stresses the necessity of dialogue with the US Treasury, the Federal Bank, and the International Monetary Fund, 17 APRIL
Shafaq News/ The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, stressed on Wednesday the necessity of continuing the dialogue with the US Treasury, the Federal Reserve, and the International Monetary Fund.
This came while Al-Sudani received, at his residence in the American capital, Washington, the Chairman of JP Morgan Bank, Masha Klovksi, and his accompanying delegation, according to a statement received by Shafaq News Agency.
The meeting witnessed a discussion of the Iraqi government’s efforts to implement financial and banking reforms, in light of the path it is taking towards improving the economic reality and achieving development, as well as discussing the government’s measures in developing the government banking sector, through its contracts with major international consulting companies specialized in banking reform and encouraging banks. To open accounts with foreign banks; To be correspondent banks, according to a plan aimed at dispensing with the electronic platform at the end of this year.
Al-Sudani stressed that it is not possible to work in any development sector without reform steps for the banking sector, stressing the need to continue dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions.
"RV UPDATE" BY BRUCE, 17 APRIL
Tues. 16 April Bruce: Bond Holders were expecting their emails to exchange tomorrow Wed. 17 April or Thurs. 18 April. Tier4b (us, the Internet Group) should go around the same time. Yesterday a lower Tier Bank told us that they expected liquidity Wed. 17 April or Thurs. 18 April.
Al-Sudani: The issue of ending the presence of the international coalition represents an Iraqi demand, 17 APRIL
Al-Sudani: The issue of ending the presence of the international coalition represents an Iraqi demand
Prime Minister Muhammad Shiaa Al-Sudani confirmed, on Tuesday, that the transition to bilateral relations with the coalition countries is a desire and a departure from Iraq's national interests, while he indicated work to remove Iraq from the arena of conflict in the region.
The Prime Minister’s Media Office stated in a statement received by “Al-Ma’louma” that “the most prominent thing in the press interview conducted by Prime Minister Muhammad Shia’ Al-Sudani with the American CNN news network is that he said: “My visit to Washington comes at a sensitive and important time for our relations.” bilateral relations and what is happening in the region, and we agreed on the importance of stopping the escalation and not engaging in further mutual retaliatory actions; Because it affects the security and safety of the peoples of the region.”
He added, "Iraq, since the beginning of the events of October 7, was one of the first to warn of the danger of the continuation of this conflict and its dangerous repercussions," pointing out that "international navigation in the Red Sea is being obstructed and what is happening in Lebanon and Syria and the recent escalation is one of the repercussions of this conflict." ".
He pointed out that "the region cannot bear these events and everyone must put pressure to stop this escalation," stressing that "we will not be lax in enforcing the law and maintaining security and stability in Iraq, and we have taken immediate and practical measures in this matter."
He continued: "We are working to remove Iraq from the arena of conflict, while maintaining our principled position regarding the aggression taking place against Gaza and the Palestinian territories, because this is the root of the problem," indicating that "the region cannot be reduced to reactions. Rather, there is a process of genocide to which the Palestinians are being subjected." In front of the eyes of the world and the international community, which, along with its systems and laws, has failed to protect innocent civilians.”
He pointed out that "the casualties of women and children are unacceptable, and it is the root of the problem, because once this war stops, the region will witness a breakthrough and stability," noting that "the difference in positions between us and the United States regarding events in the region is not small in describing the events. But we agree that there is international law, general principles, humanitarian law, the laws of war, and the principle of protecting diplomatic missions.”
He explained: “We want to implement these values and principles called for by the international community, so where are the UN Security Council resolutions and the recommendations of international conferences regarding the Palestinian issue? Since the Oslo, Madrid and Sharm El-Sheikh conferences, as well as the recent Security Council resolution,” he added, adding: “I do not think that President Biden He disagrees with me on these principles, nor does any country that calls for an international order that respects humanity.”
He stated that “the attack that took place on the Iranian mission in Damascus is a clear violation and contradicts international law, which prompted Iran to respond, even though we made an effort to contain this situation,” adding: “We are facing a real problem with what is happening in Gaza, which affects the stability of the region and the world.” “Ignoring the root of this problem means more repercussions and the expansion of the arena of conflict in a sensitive area for the world.”
He continued: "We have not received reports or indications of the launch of missiles or drones from Iraq during the Iranian attack, and our position is clear that we will not allow Iraq to be thrown into the arena of conflict, and we are committed to this matter," explaining that "Iran cannot be involved in every issue related to the Iraqi situation." “The issue of ending the coalition is an Iraqi demand, and it is part of the government program that the House of Representatives voted on, and these are facts that must not be overlooked.”
He stressed that "there has been a discussion about the mission of the coalition between the Iraqi government and the United States since August 2023, and Iraq today is different from what it was ten years ago when the coalition was formed," noting that "ISIS today does not represent a threat to the security of the Iraqi state, and it is natural for the government to take the initiative to organize The topic of the international alliance.
He pointed out that “our security services have reached the highest levels of efficiency, readiness, control, and maintenance of security and stability in Iraq,” stressing, “According to the data on the ground, we initiated dialogue with the United States, which was achieved through the approval of the Supreme Military Committee, which meets continuously to present proposals.” About the timetable for ending the international coalition’s mission.”
He pointed out that "the transition to bilateral relations with the coalition countries is a desire and based on Iraq's national interests and not from the desires of specific countries or positions," noting that "we have understandings and committees for joint security cooperation between Iraq and the United States, which hold their meetings on an ongoing basis and establish a sustainable relationship and bilateral security partnership." In accordance with what was stipulated in the Constitution and the Strategic Framework Agreement.” link
" THE FREE TRADE AGREEMENT OF IRAQ" BY GOLDILOCKS, 17 APRIL
GOLDILOCKS
During Iraq's visit to the US, they talked about a comprehensive economic relationship. In essence, this is a free trade agreement.
A free trade agreement is cooperation between two countries that develops trade relations and investment opportunities on an International level.
Trade deals increase imports and exports between two countries. This has the ability to bring into line exchange rates accomplishing less risk on both parties normalizing their trade exchanges between each other.
In other words, a free trade agreement with Iraq would bring an equilibrium of exchange rates between our countries allowing this trade relationship to move our currencies into a real value between us.
WATCH THE WATER.
© Goldilocks
https://youtu.be/3HwVNjERTxA?si=8zHnh8s5qR-HJ33a
https://carlsonschool.umn.edu/news/international-trade-agreements-result-more-stable-currencies#:~:text=%E2%80%9CIt%27s%20hard%20to%20find%20a,less%20risk%20in%20their%20currencies.%E2%80%9D
https://www.trade.gov/free-trade-agreement-overview
https://smallbusiness.chron.com/supply-demand-model-trade-restrictions-13422.html
https://www.investopedia.com/terms/f/free-trade.asp#:~:text=A%20free%20trade%20agreement%20is,prohibitions%20to%20inhibit%20their%20exchange.
https://en.m.wikipedia.org/wiki/Free_trade_agreement
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