Thursday, July 11, 2024
US delegation: US and international coalition will continue to support Peshmerga forces
Shafaq News / The President of the Kurdistan Regional Government, Masrour Barzani, received today, Thursday, a US delegation headed by Deputy Assistant Secretary of Defense for Middle East Affairs Daniel Shapiro.
A statement issued by the regional government stated that at the meeting, which was attended by the US Ambassador to Iraq Alena Romanowski, the Commander-in-Chief of the Coalition Forces in Iraq and Syria, General Joel Fowle, and the Director of Iraq and Syria Affairs at the National Security Council Nicole Softenis, the overall developments and developments in Iraq and the region were discussed.
For his part, the US Deputy Assistant Secretary of Defense renewed the United States’ support for the Kurdistan Region and the Peshmerga forces, stressing that the Kurdistan Region is an important and strategic partner of America. He also expressed his country’s keenness to continue strengthening coordination and security and military cooperation with the Kurdistan Regional Government.
According to the statement, the meeting was concerned about the progress made with the reforms implemented in the joints of the Ministry of the Peshmerga, as the Deputy Assistant Secretary of Defense praised the efforts of the Prime Minister and his continuous efforts to make the reforms successful and unify the Peshmerga forces, pointing out that the United States and the international coalition will continue to support the Peshmerga forces in the face of terrorist threats, especially those posed by ISIS terrorists.
For his part, the head of the regional government stressed the need to strengthen bilateral relations in various fields.
ANALYSIS OF FRANK26, 12 JULY
Frank26
The moment the value goes up where is the Iraqi dinar, where is that exchange rate going internationally? ...Forex. It's going to the community that is starving for this currency...In doing so the value will go up in what's called a float.
Sudani made it very clear to the Iraqi citizens he was going to add value to their currency this year. We're talking about the year 2024...They go by a fiscal calendar...Iraq goes from January 1st to December 31st.
I think Sudani is in control of the monetary reform. I think he has security and stability and I think the international world knows it.
I think all the three letter agencies are in cahoots...with the CBI...GOI to go ahead and launch the new exchange rate...I think the exchange rate is either going to float at a fixed rate or it's going to float at a low rate then take some time to grow and be capped. If it's fixed at an RI rate then you know it's not going to float very much because the distance between $3.22 to...where they want to cap it it's not that far and the demand will allow the gap to be reached very quickly.
If it comes out at $3.22 you think I'm gonna wait around for a float? No.
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LATEST FROM JON DOWLING
LATEST FROM JON DOWLING
“When things seem at their worst, I will set me people free says the Lord”- Kim Clement.
God has the perfect timing in mind to do this. Lord set your people free!
@JonDowling
Revealing the volume of trade exchange between Iraq and Saudi Arabia
The Saudi-Iraqi Business Council estimated the volume of trade exchange between the two countries at 5 billion riyals, with an annual growth of 12%, according to the head of the council, Mohammed Al-Khorayef.
The council stated in a report that the council is working to develop Saudi investments in Iraq, in conjunction with the interest of the private and governmental sectors in the Kingdom in investing in Baghdad.
It indicated that Iraq is preparing to propose a law to protect Saudi-Iraqi investment and discuss it before Parliament in preparation for its approval in the coming few months, to enhance economic cooperation between the Kingdom and Iraq, according to a statement issued by the Federation of Saudi Chambers.
In December of last year, Saudi Arabia and Iraq signed a partnership agreement in the field of private sector industrial investments, at a time when the Kingdom’s ambassador at the time confirmed that there were many investment opportunities being studied.
Last November, Saudi Minister of Investment Khalid Al-Falih also announced that the Kingdom is studying the launch of the first free economic zone with Iraq, in the border area in Arar, expressing his hopes that the zone would be the first free economic zone with a neighboring country without taxes, fees or entry visas to serve investors in both countries.
5 billion Saudi Riyals equals 1,333,082,700.00 US Dollars link