Sunday, June 16, 2024
4 parliamentary proposals to amend investment laws in Iraq.. What about the problems?, 17 JUNE
4 parliamentary proposals to amend investment laws in Iraq.. What about the problems?
Individual from the Parliamentary Venture and Advancement Board, Saeb Al-Hajami, proposed today, Sunday, making four revisions to the speculation regulations in Iraq, while resolving the main issues in the texts of these regulations.
“Amending investment laws in Iraq aims to create a more attractive environment for investors by improving some legal texts and simplifying procedures,” Al-Hajjami stated in an interview with
With respect to proposed changes to speculation regulations, he called attention to “working with regulatory methodology, which lessens the time and exertion expected to acquire the essential licenses and endorsements to begin venture projects.”
Al-Hajjami made sense of, “The other revision is to give legitimate ensures, by giving financial backers ensures that shield their speculations from any abrupt lawful or political changes,” calling attention to the significance of “further developing foundation by giving high level framework that upholds venture activities like streets, power, and water.” .
He addressed “charge exclusions, by conceding them to financial backers for specific timeframes to draw in additional speculations.”
He cited “ambiguity in some texts, which may open the way for multiple interpretations, in addition to legal instability, which may make the investment environment unstable” as examples of the issues with the investment law texts.
Al-Hajjami expressed, “The other issue spins around complex administration and long methodology, which might prevent the speed of beginning speculation projects.”
“Investment in Iraq can be mixed,” he stated. While there are extraordinary open doors because of the regular assets and key geological area, the security and political difficulties might influence the engaging quality of speculation.”
"QFS CONVERSATIONS" WITH GOLDILOCKS, 16 JUNE
GOLDILOCKS
Lagarde Urges Governments to Respect Global Trade Rules"
Remember what we said the other day about Trade Wars beginning, and how, Treaty Agreements are signed at the end of them.
Trade Wars are attempts by countries to damage each other's trade, typically by the imposition of tariffs or quota restrictions.
This will cause distortions in prices that will have to be reset under new Treaty Agreements that are universally signed.
Look for this to come at a time when Basel 3 Capital Requirements can be implemented into a new financial order.
Here we go.
© Goldilocks
https://www.bloomberg.com/news/articles/2024-06-15/lagarde-urges-governments-to-respect-global-trade-rules
"FROM PHOSPHATE TO OIL IRAQ HAS EVERYTHING THE WORLD NEEDS!!!".BY FRANK26, 16 JUNE
KTFA:
Frank26: "FROM PHOSPHATE TO OIL IRAQ HAS EVERYTHING THE WORLD NEEDS!!!".........F26
The industry opens the door to investment in the Al-Qaim phosphate plant
6/12/2024 Baghdad
Anbar Governor's Advisor for Energy Affairs, Aziz Khalaf Al-Tarmouz, announced today, Wednesday, that the Al-Qaim phosphate plant will soon be transferred for investment after a hiatus that lasted for more than 15 years.
Al-Tarmouz said, "A large number of investment companies have submitted their papers to obtain this investment opportunity."
He added, "It is hoped that the project will be referred to one of the international investment companies within approximately 45 days."
He continued, "The value of the investment contract is about 3 billion dollars, as the plant is considered one of the most important sovereign strategic projects that serve the
economy of Iraq and Anbar."
He explained, "The Ministry closed the tender a week ago, awaiting its referral to the relevant international companies." LINK
"RV UPDATE" BY PAULETTE, 16 JUNE
Paulette
Community Reminder ["He pointed out that the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years, pointing out that this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity In the market" This 2016 article says.They will coexist with 10 years.]
Exactly! And, this was further clarified that active trading in the Market Place will be upwards of two years while through the banks it would be at least 10...This is what I believe will be told to the citizens when they bring out the Fils and lower notes...IMSO, it won't be a week or 90 days or even 180...Nor will they be cancelling the 3-Zero series for at least 10 years...They are currently following the Dr S plan to a "T"...
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It is great to see more articles regarding the "Float"...I strongly believe this is the early stages of the last push by the CBI to educate the Citizens prior to implementing the "Delete the Zeros" project ...Patience all...this is slowly coming together.
If you go back and read articles after 7/1/23 you will see that Iraq is still under US/(UK) guardianship (receivership) ...There were calls then for the UN to lift this guardianship but [4/10/2024 Article "Our agency publishes the text of the request of the Prime Minister, Muhammad Shiaa Al-Sudani, to the Secretary-General of the United Nations, Antonio Guterres, to permanently end the work of the United Nations mission in Iraq."] may now be the first "Official" call that I have seen...The corrupt in the US do not want this to change.....The good news is that IMSO, their days are numbered...
Iraq's WTO Accession Package will likely not be submitted for adoption until MC14 which will be held in early 2026... It clearly was not submitted for adoption at MC13...I anticipate that by then we really won't care.
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Community Comment: "Iraq on May 9 ascends to FULL membership in the WTO" I hope you are correct regarding the WTO. However, the documentable facts and articles regarding this issue would say otherwise. Don't misunderstand, the documentable facts and articles are EXTREMELY positive. Iraq, under Sudani appears to be serious about becoming WTO members, opening the country to International trade, moving from a Rentier Economy to a Market Economy and finally implementing the Delete the Zeros Project. Everyone should be excited even if it takes months more to accomplish...FOR READ MORE: https://dinarevaluation.blogspot.com/2024/05/rv-update-by-paulette-14-may.html
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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RayRen98 BANK STAFF RECEIVED "GET READY" MEMOS THIS MORNING, THEY'VE BEEN EXCITED ALL DAY! Nader From The Mid East Y...