Wednesday, April 24, 2024

Iraq Completes The Completion Of The Files For The Initial Offer Of Goods And Services To Join The World Trade Organization, 25 APRIL

 Iraq Completes The Completion Of The Files For The Initial Offer Of Goods And Services To Join The World Trade Organization

Wednesday 24, April 2024 23:03 | Economical Number of readings: 115  Baghdad / NINA / The Ministry of Commerce announced the completion of the files for initial offers for goods and services and their official submission to the Secretariat of the World Trade Organization through official channels.

Minister of Commerce Atheer Al-Ghurairi, Chairman of the National Committee concerned with Iraq’s accession to the World Trade Organization, said: “This important step comes in the context of the Iraqi government’s efforts and its program aimed at promoting international trade and achieving sustainable development, which reflects its commitment to ensuring global economic integration and expanding economic partnerships.” .

He added “The National Committee, the technical committees emanating from it, and the accession team in the Ministry were able, within a short period of time, to complete these files and submit them to the organization in preparation for holding the third meeting of the working group on Iraq during the current year, 16 years after the date of the second meeting of the group in 2008.”

He pointed out that the World Trade Organization (WTO) and international circles welcomed Iraq's return to the negotiating table.

Al-Ghurairi stressed: “The two files for the initial offer of goods and services, which were submitted, included a wide range of products and services that reflect the diversity and competitiveness of the Iraqi economy and their negotiation,” noting: “

Work is underway to prepare the Iraqi negotiating team and build the team’s negotiating capabilities for the purpose of initiating a contract.” Negotiating rounds with member states of the organization in order for Iraq to obtain membership in the organization.

He explained: “The Department of Foreign Economic Relations, through official channels of dealing with the organization, is working on completing all requirements for accession in order for Iraq to obtain membership in the organization and to enhance Iraq’s integration into the multilateral trading system.”

It is worth noting that the World Trade Organization (WTO) has issued the annual report on the accession of observer countries, and praised the efforts led by the Ministry of Commerce through its chairmanship of the National Committee, and that Iraq is the only Arab country whose accession process has become active, and has passed advanced stages among the Arab countries that have It holds the status of an observer member.  https://ninanews.com/Website/News/Details?key=1122971

"RV UPDATE" BY BREITLING, 25 APRIL

 Breitling 

 You have these currencies that have a lot of zeros behind it.  Comparing with these other currencies that LOPed, Iraq is a completely different case.  They don't have a market problem.  They don't have a customer problem. Where is the inflation coming from It's coming from policy.  How can they add value to their currency It's all going to be based on 100% policy.  The authority comes from parliament, the Ministry of Planning, Ministry of Finance and the Central Bank of Iraq.  They don't need any more customers.   To add value to the currency they don't need to do anything else.

  LOP...people that are smart, economist, get this wrong.  The underlying definition is hyperinflation.  How do people fight it?  By removing the zeros.  Nothing wrong with that.  It's smart.  But it's hyperinflation.  People will point out incorrectly, look at Iraq...

The best analysis I've read is that it [the dinar] was worth at it's height 2.25 to the U.S. dollar...Iraq has never had a customer problem.  That's where you find the hidden value in this investment.  It's not hyperinflation..

There is inflation but it's 100% policy based inflation.  You had this currency that was worth a lot of money...What was their number one export?  

Energy.  Then war came along.  You had war inflation.  But did Iraq's customer base change?  No.  Did their oil producing output change?  No, it went up.  That's where you're going to find the value.  That's where the value is coming from.  That's it.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-breitling-22-april.html

Whiskey and Wisdom with MarkZ, Zester, and MikeB. 04/24/2024

The Sudanese advisor reveals the goal of the development road: Goods arrive in Paris within 24 hours, 24 APRIL

 The Sudanese advisor reveals the goal of the development road: Goods arrive in Paris within 24 hours

4/24/2024   Baghdad

Today, Wednesday, Advisor to the Prime Minister for Transport, Nasser Al-Assadi, revealed the main goal of the development road project, while stressing that goods need 24 hours to reach Europe. 

Al-Asadi said, in a televised interview, followed by Al-Iqtisad News, that “the goal of the development road project is not only transportation, but transportation is part of it,” pointing out that “the basic idea of ​​the project is to create sustainable industrial, agricultural, educational, and tourism investment opportunities.”

He added, "We do not depend on one country, but rather a group of countries wishing to export their goods to Europe, which will take any of the routes available in the world, including the Suez Canal and the Cape of Good Hope. However, what distinguishes the path of development are several aspects, including a 50% reduction in time." %, also the cost is lower, in addition to being safe.”

Al-Asadi explained, “Many shipping operations are followed by loading and unloading, which leads to damage, but we perform this process only once, that is, from sea to land.”

He pointed out, "Ships need 24 hours to reach from the port of Al-Faw to Paris, and even if we say 72 hours, this is less than the 15 days in which goods arrive via the Suez Canal."  LINK

TNT CC VIDEO, 24 APRIL

 

Iraqi Dinar✅Iraqi Dinar RV Processing Big Happening Today 2024 / IQD Upd...

"FROM YOUR MOUTH TO PARLIAMENT'S EARS!!!" BY FRANK26, 24 APRIL

 KTFA

FRANK26:

"FROM YOUR MOUTH TO PARLIAMENT'S

 EARS!!!"...........F26

Deputy: The budget schedules will arrive next week


4/23/2024

Information / Baghdad...

 Member of the Parliamentary Finance Committee, Representative Mudar Al-Karawi, confirmed on Tuesday that the 2024 deadlines will arrive next week.

Al-Karawi said in an interview with Al-Maalouma, “The 2024 budget schedules will reach Parliament next week according to our expectations,” pointing out that “the Finance Committee will discuss all its items during its sessions.”

He added, “There is a vision regarding resolving many files, including Baghdad’s lecturers and administrators and allocations.” “We seek to guarantee the rights of all segments in the budget schedules

, in addition to creating high flexibility in their implementation through coordination with all relevant parties.” It
is noteworthy that Parliament is awaiting the 2024 schedules from The government is in order to study it before voting on it so that it can take its course in actual implementation.”

LINK