Friday, July 26, 2024

RV UPDATE BY TRUTH WARRIORS, 26 JULY

TRUTH WARRIORS

Mark Z. - “top secret” meetings occurring right now in Wash D.C. with Iraqi folks about the removal of US troops and security units in Iraq.  This is one of the key things we were told to watch and it is occurring right now in D.C.

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🌐 MIL-OSI Economics: Members welcome Iraq’s return to WTO accession talks after 16 years


"Mr. Atheer Dawood Salman Al Ghrairi, Iraq’s Minister of Trade, led a high-level delegation from Baghdad at the third meeting of the Working Party.  Ambassador Saqr Almoqbel of the Kingdom of Saudi Arabia, who chaired the Working Party for the first time since his appointment last year, welcomed Iraq’s return to Geneva after many years, highlighting the significance of the formal resumption of Iraq’s accession process. “The Minister’s presence here, the first since 2008, sends a clear signal that Iraq’s accession process is now back on track,” he remarked. The Working Party held its second meeting in April 2008 and an informal meeting in November 2017."


πŸ”΄ Iraq has resumed its World Trade Organization (WTO) accession talks after 16 years, led by Minister of Trade Atheer Dawood Salman Al Ghrairi. This move is seen as a significant step towards enhancing Iraq’s national economic strategy and integrating into the global economy. Despite ongoing security and political challenges, Iraq is committed to aligning its trade policies with international standards and improving its business environment. Iraq and WTO members will intensify bilateral negotiations on market access, with a fourth Working Party meeting planned for early 2025.


"Ahead of the third Working Party meeting, Iraq submitted key negotiating documents, including its initial market access offers on goods and services."


"Iraq provided an update on its initial contacts with members regarding bilateral market access negotiations, noting that initial offers on goods and services were submitted in early May ."


"The Chair invited Iraq and WTO members to intensify bilateral negotiations on market access, building on the recent contacts. The Chair invited members to submit specific questions in writing by 15 August. He also asked Iraq to provide replies to members’ questions and to submit other requested accession documents."


"The Chair asked the WTO Secretariat to work with Iraq to revise its MFTR, which will serve as the basis for continuing the examination of Iraq’s foreign trade regime at the next meeting of the Working Party."


"The Chair suggested that the fourth Working Party meeting could be scheduled for the first quarter of 2025, contingent on the progress of the outlined steps."


⚡️ With all of the mis-information surrounding Iraq and their ascension to the WTO, we wanted to bring you the CORRECT information about the Working Party meeting and its contents. Iraq has been asked to REVISE their MFTR or Memorandum of Foreign Trade Regime. The last MFTR was submitted in 2005.  And the Chair has suggested that the 5th meeting of the Working Party meet in early 2025. Questions for those parties involved have been asked to be submitted by August 15, 2024. While iraq is making strides in their ascension to the WTO, they still have a ways to go. When the Iraq side of the working party announced back in April that there was submission of the initial offer on goods and services, this was the FORMAL notice of submission. Anything before that was fluff and unofficial. This came directly from the Trade Minister who is LEADING the Working Party talks


© Red™ ✨


πŸ”— https://foreignaffairs.co.nz/2024/07/20/mil-osi-economics-members-welcome-iraqs-return-to-wto-accession-talks-after-16-years/


πŸ–₯ Iraq completes the initial offer of goods and services in the WTO accession files 4-22-24

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Government Advisor: Adopting auditing of foreign transfers contributes to stability of the exchange market and price level

7/22/2024

 

Baghdad - WAA - Nassar Al-Hajj

 

The financial advisor to the Prime Minister, Mazhar Mohammed Saleh, confirmed today, Monday, that the approval of an auditing company for foreign transfers is a positive lever that ensures the integrity of compliance operations and the speed of job performance, while he indicated that this will achieve two basic operational objectives for monetary policy.

Saleh told the Iraqi News Agency (INA): "The approval of an auditing company for foreign transfers is a positive lever that ensures the integrity of compliance processes and the speed of functional performance of the activities of the external sector of the economy in relation to all market transactions, especially those related to foreign transfers, which will provide a guarantee that foreign transfer activities in foreign currency are consistent with the stated purposes of the regulatory authorities and the beneficiary entities to which the transfer is made through compliance means."

He added that "this step is a clear piece of information that strengthens the efficiency of the money market as an information market and is affected by the efficiency of that information towards the stability of transactions and raising the level of certainty in them, after the development of the resumption of external transfer transactions funded in foreign currency to various global trade areas with high governance, quality and high disclosure without interruption, which will provide monetary policy at the same time with  a guarantee to achieve two basic operational objectives of monetary policy in building a stability base in the general price level within achieving the intermediate objectives of the policy itself in price stability, the first is to maximize the effectiveness of controlling local liquidity and controlling growth levels in the money supply at accelerating rates without slowing down, in addition to controlling the components of the basis, and the second contributes to the stability of the exchange market itself and gives it positive signals on the availability of a broader role for the official exchange market and the superiority of its positive effects through the sufficiency of its information in containing the colored noise of the parallel market."

He added that "both of the above operational objectives are linked to the role of monetary policy in stabilizing the general price level, containing inflationary expectations, and imposing guarantees for stable real flows through the stability of the external value of money and its compatibility with the stability of the speed of money circulation internally and the general function of the demand for money in the joints of the national economy."


LINK

🌐 Iraq seeks withdrawal of US-led coalition troops by September 2025 BY REDENCION2020 ON TELEGRAM, 26 JULY

 πŸŒ Iraq seeks withdrawal of US-led coalition troops by September 2025

Iraq has asked that troops from the US-led military coalition begin withdrawing from the country in September, with the goal of ending the coalition mission by September 2025, according to Al Arabiya, which cited four Iraqi sources.  Talks are underway in Washington this week, but no formal agreement has been reached, Iraqi and U.S. officials said.

In a press conference yesterday, US State Department spokesman Mathew Miller noted that the focus of the talks is on the transition of the coalition's mission based on the Daesh threat, without providing more. details.

The U.S.-led coalition was formed in 2014 to combat the group called “Islamic State,” following the illegal U.S. invasion of Iraq in 2003 and subsequent occupation and withdrawal in 2011. Currently, about 2,500 U.S. troops are deployed. stationed at three main bases.  in Iraq, supported by more than 80 coalition members.

The exact number of troops leaving remains uncertain.  Iraqi sources suggest most will leave, while US officials indicate many could stay in an advisory role.  The United States intends to maintain a military presence in Iraq to support operations in Syria, where approximately 900 American troops are illegally stationed.

Iraqi factions aligned with Iran have been pushing for the expulsion of US forces, while US officials seek to counter Iranian influence.  The talks began in January amid rising tensions between Iraqi resistance groups and US forces, exacerbated by the Israeli war against Palestinians in Gaza.

Prime Minister Mohammed Shia Al-Sudani is under pressure from Iran-aligned factions to expel US forces, but is seeking to balance Baghdad's relations with both Washington and Tehran.  Daesh, despite being territorially defeated in Iraq in 2017 and Syria in 2019, continues to pose a threat, with an increase in attacks in the region, including incidents in Iran, Russia and, most recently, Oman.


From the US State Department press conference 07/22/24

"QUESTION: Was there talk of the presence of US forces in Iraq?

MR MILLER: So I don't want to go into details.  We will have a statement coming out after the meeting.  But we remain committed to the senior military commission process that began in August.  I think, as you know, that process is determining how the coalition's military mission will transition based on the ISIS threat, the operational and environmental requirements, and the capabilities of the Iraqi security forces.  But I don't have any more details to give about that.

QUESTION: And finally, when will the meetings take place?

MR MILLER: I would leave it to the Department of Defence.  They are the real hosts of the meeting.  They're in Washington this week, but as for the specific timing, I'll let them talk about it. 

©Rojo™ ✨

πŸ”— https://www.middleeastmonitor.com/20240723-iraq-seeks-withdrawal-of-us-led-coalition-troops-by-september-2025/

πŸ”— https://www.state.gov/?post_type=state_briefing&%3Bp=92333#post-574079-IRAQ

https://t.me/mhc70

TRANSLATION IN SPANISH: 

🌐 Irak busca la retirada de las tropas de la coalición liderada por Estados Unidos para septiembre de 2025


Irak ha pedido que las tropas de la coaliciΓ³n militar liderada por Estados Unidos comiencen a retirarse del paΓ­s en septiembre, con el objetivo de poner fin a la misiΓ³n de la coaliciΓ³n para septiembre de 2025, segΓΊn Al Arabiya, que citΓ³ a cuatro fuentes iraquΓ­es.  Esta semana se estΓ‘n llevando a cabo conversaciones en Washington, pero no se ha alcanzado ningΓΊn acuerdo formal, dijeron funcionarios iraquΓ­es y estadounidenses.


En una rueda de prensa ayer, el portavoz del Departamento de Estado de EE.UU., Mathew Miller, seΓ±alΓ³ que el foco de las conversaciones estΓ‘ en la transiciΓ³n de la misiΓ³n de la coaliciΓ³n en funciΓ³n de la amenaza de Daesh, sin proporcionar mΓ‘s detalles.


La coaliciΓ³n liderada por Estados Unidos se formΓ³ en 2014 para combatir al grupo llamado “Estado IslΓ‘mico”, tras la invasiΓ³n ilegal de Irak por parte de Estados Unidos en 2003 y la posterior ocupaciΓ³n y retirada en 2011. Actualmente, alrededor de 2.500 soldados estadounidenses estΓ‘n estacionados en tres bases principales.  en Irak, apoyado por mΓ‘s de 80 miembros de la coaliciΓ³n.


El nΓΊmero exacto de tropas que saldrΓ‘n sigue siendo incierto.  Fuentes iraquΓ­es sugieren que la mayorΓ­a se marcharΓ‘, mientras que los funcionarios estadounidenses indican que muchos podrΓ­an quedarse en un papel de asesoramiento.  Estados Unidos pretende mantener una presencia militar en Irak para apoyar las operaciones en Siria, donde aproximadamente 900 soldados estadounidenses estΓ‘n estacionados ilegalmente.


Las facciones iraquΓ­es alineadas con IrΓ‘n han estado presionando para que se expulse a las fuerzas estadounidenses, mientras que los funcionarios estadounidenses buscan contrarrestar la influencia iranΓ­.  Las conversaciones comenzaron en enero en medio de crecientes tensiones entre los grupos de resistencia iraquΓ­es y las fuerzas estadounidenses, exacerbadas por la guerra israelΓ­ contra los palestinos en Gaza.


El primer ministro Mohammed Shia Al-Sudani estΓ‘ bajo presiΓ³n de facciones alineadas con IrΓ‘n para que expulse a las fuerzas estadounidenses, pero busca equilibrar las relaciones de Bagdad tanto con Washington como con TeherΓ‘n.  Daesh, a pesar de haber sido derrotado territorialmente en Irak en 2017 y Siria en 2019, sigue representando una amenaza, con un aumento de ataques en la regiΓ³n, incluidos incidentes en IrΓ‘n, Rusia y, mΓ‘s recientemente, OmΓ‘n.


De la conferencia de prensa del Departamento de Estado de EE. UU. 22/07/24

"PREGUNTA: ¿Se hablΓ³ de la presencia de fuerzas estadounidenses en Irak?

MR MILLER: AsΓ­ que no quiero entrar en detalles.  Tendremos una declaraciΓ³n que saldrΓ‘ despuΓ©s de la reuniΓ³n.  Pero seguimos comprometidos con el proceso de la comisiΓ³n militar superior que comenzΓ³ en agosto.  Creo que, como saben, ese proceso consiste en determinar cΓ³mo harΓ‘ la transiciΓ³n la misiΓ³n militar de la coaliciΓ³n en funciΓ³n de la amenaza del ISIS, los requisitos operativos y ambientales y las capacidades de las fuerzas de seguridad iraquΓ­es.  Pero no tengo mΓ‘s detalles que dar sobre eso.

PREGUNTA: Y finalmente, ¿cuΓ‘ndo se harΓ‘n las reuniones?

SEΓ‘OR MILLER: Yo lo dejarΓ­a en manos del Departamento de Defensa.  Ellos son los verdaderos anfitriones de la reuniΓ³n.  EstΓ‘n esta semana en Washington, pero con respecto al momento especΓ­fico, dejarΓ© que ellos hablen al respecto. 


©Rojo™ ✨


πŸ”— https://www.middleeastmonitor.com/20240723-iraq-seeks-withdrawal-of-us-led-coalition-troops-by-september-2025/

πŸ”— https://www.state.gov/?post_type=state_briefing&%3Bp=92333#post-574079-IRAQ

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The World Trade Organization opens its doors to it.. The Iraqi economy returns strongly to international competition


7/22/2024

The World Trade Organization has accelerated Iraq's steps to join it, following the resumption of negotiations that had been suspended for more than 16 years. The Iraqi delegation is preparing for the next round of negotiations that are expected to resolve this issue, which will open up global trade horizons for Iraq and return it to strong economic competition, in the region and the world, under a multilateral economic system.

According to official officials, the government of Mohammed Shia al-Sudani has only addressed all the previous obstacles that prevented Iraq from joining the international organization, as for the first time the import program was voted on, which includes setting controls for chaos and identifying real traders, in addition to other details related to customs tariffs as well as the necessary legislation for it.

 


Economic reform and exchange rate adjustment

 

Economic expert Naji Al-Obaidi, in an interview with Al-Ahd News, believes that Iraq’s accession to the World Trade Organization will
have positive effects, attributing this to the fact that “it will increase pressure on the government to initiate the long-awaited economic reforms.”

Al-Obaidi added that "the World Trade Organization usually intervenes in the exchange rate policy when the concerned country deliberately keeps the value of its local currency low in order to improve the competitiveness of local production and encourage exports at the expense of foreign goods," indicating that "this does not apply to Iraq, where previous governments resorted to raising the exchange rate of the dinar in an artificial and arbitrary manner with the aim of gaining political and popular support."

He pointed out that joining the international organization would contribute to controlling this file.

 

Customs restrictions and agricultural support

In this regard, the financial advisor to the Prime Minister, Mazhar Mohammed Salih, stated in an interview with “Al-Ahd News” that Iraq has adopted broad open policies towards the world since 2003 and has sought to establish important economic and legislative rules that operate according to the mechanisms of the market system, most of which have helped improve Iraq’s foreign trade, after an economic blockade that lasted for more than a decade and led to Iraq’s marginalization on the map of the global economic system and deprived it of investment opportunities, progress, development and technological knowledge that should have helped it confront the rapid developments and changes that international markets have witnessed and whose competitive capabilities have changed
dramatically over the past two decades at least.

Saleh pointed out that "the World Organization imposes on the new members of the developing countries group to work under conditions, the first of which is to reduce customs restrictions by 24% and cancel non-customs restrictions for a period of 6 years from the date of joining, and the second is to reduce agricultural support by 13.3% over a period of ten years from joining."

 

Saleh explained that "these regulatory conditions of the World Trade Organization clash with the conditions and situations of the agricultural market and the global food stock exchange itself. If we look at the agricultural monopolies in the world in light of the deterioration of agricultural development in Iraq, we find a real threat to national food security that restricts the country in the event of joining the organization unless it is preceded by starting or following an agricultural program for self-sufficiency immediately. We will really need a green revolution similar to what Mexico and many Latin American countries have done, especially if we know that there are between 3 and 6 major monopolistic companies in the world that control 80 to 90% of agricultural crop trade and control prices and quantities such as wheat, sugar, tea, coffee, cotton and jute, at a time when ten multinational companies still dominate a third of the production and trade of seeds and pesticides in the world."

 

Breaking international isolation

Saleh pointed out that "despite the above, Iraq's entry and integration into the global economic space through the World Trade Organization and its dealings with international groups on terms that apply to everyone from a formal standpoint at a time when the world is still divided between the countries of the North and the South or the countries of the advanced industrial center and the developing periphery, Iraq has no choice but to leave its international isolation that it inherited since the siege and placing Iraq under the burden of Chapter Seven, the effects of which still provide a negative economic environment hostile to development and perhaps obstructing natural integration into the global market."

 

Accelerate joining steps

For his part, Minister of Trade Athir Dawood Al-Ghariri confirmed the resumption of negotiations for Iraq’s accession to the World Trade Organization and the acceleration of its steps, which is a qualitative event and a confirmation of what the government promised through its program to reform the economic situation, considering the private sector an essential part and the backbone of the Iraqi economy.

Al-Ghariri said in a statement followed by "Al-Ahd News" that the fourth round of negotiations will be held during the first quarter of next year, stressing that this acceleration means that the negotiations are proceeding very quickly towards Iraq's accession to the World Trade Organization, considering Iraq an important economic bloc and all countries keen for Iraq to return as an economic player in a multilateral system.

For his part, the Saudi Ambassador to the World Trade Organization, Saqr Abdullah Al-Muqbil, said that there is a positive view that we will find Iraq joining the multilateral trading system as it is one of the largest economies outside this organization, and Al-Muqbil confirmed that "the Kingdom of Saudi Arabia has a priority that Iraq's desires to join the organization be fulfilled.

LINK