Monday, September 23, 2024
DINAR REVALUATION REPORT: Iraq and the U.S. Embrace Digital Transformation in Shipping Ports, 23 SEPT
Iraq and the U.S. Embrace Digital Transformation in Shipping Ports
Iraq and the United States are advancing their shipping port operations by integrating them into the Quantum Financial System, a move that underscores the nations' commitment to enhancing trade and currency valuation.
Digitalization in Iraq's Maritime Sector
Iraq is spearheading the digitalization of its maritime sector by planning to establish a maritime single window for its major ports, notably Um Qasr (North and South). This initiative aligns with IMO's mandate, requiring all member states to use a one-stop digital platform to streamline information exchange among stakeholders involved in ship operations as of January 2024.
The implementation of a maritime single window system will significantly reduce time and costs, benefiting over 80% of Iraq's imported goods that pass through the Um Qasr ports. The system will eventually be extended to the Al-Faw Grand Port, scheduled for opening in December 2024, and other Iraqi ports.
Strategic Implications
The integration of Iraq's shipping ports into the Quantum Financial System and the digitalization efforts suggest a strategic shift toward enhancing economic ties and trade facilitation. This move could potentially strengthen currency valuation and improve the efficiency of maritime operations, positioning Iraq as a key player in regional trade.
DINAR REVALUATION HIGHLIGHTS: " IRAQ AND THE USA ARE INTEGRATING THEIR SHIPPING PORTS INTO THE QFS, 23 SEPT
Summary
Iraq and the U.S. are integrating their shipping ports into the Quantum Financial System, enhancing trade and currency valuation.
Highlights
- 🌍 U.S. and Iraq connect shipping ports to the Quantum Financial System.
- 🔗 Regulations align to facilitate smoother trade operations.
- 💻 Digital technology secures borders and enhances transaction efficiency.
- 📈 Currency values will reflect real trade activities, reducing manipulation.
- ⚙️ Export controls implemented to protect national security and economic interests.
- 🚢 Watch the waters: trade routes are pivotal for currency valuation .
- 💡 Iraq completes phase two of port digitization by September 2024.
Key Insights
- 🌐 Quantum Financial System Integration: The connection of U.S. and Iraqi ports to the QFS signifies a monumental shift towards digital trade, enhancing global commerce efficiency.
- 🔒 Digital Security: Utilizing advanced tech for border security minimizes human error and fraud, ensuring accurate transaction processing across nations.
- 💵 Valuation of Currencies: As countries transition to digital systems, currencies like the dinar will better reflect economic realities, potentially increasing their value.
- 📊 Export Controls: New regulations safeguard national interests while facilitating international trade, ensuring that sensitive technologies are monitored effectively.
- 🌊 Trade Routes Importance: Shipping ports are crucial for economic interaction; their digitization heralds a new era of seamless trade and currency movement.
- 🔄 Interoperability of Blockchain Networks: The ability for different countries’ digital systems to communicate will streamline cross-border transactions and reduce costs.
- 📅 Completion of Phase Two: Iraq’s progress in digitizing its ports by September 2024 showcases its commitment to modernizing its economic infrastructure and integrating with global markets.
DINAR REVALUATION REPORT: Full Text of Al-Sudani's Speech at the Future Summit in New York 2024, 23 SEPT
Full Text of Al-Sudani's Speech at the Future Summit in New York 2024
As of September 23, 2024, the exact full text of Prime Minister Mohammed Shia al-Sudani's speech at the Future Summit in New York has not been directly sourced. However, insights from recent events and statements provide a context for what might have been discussed. [2]:url2.
Prime Minister's Participation and Agenda
Prime Minister al-Sudani attended the opening of the Future Summit on Confronting Future Challenges in New York. The summit, held on the sidelines of the 79th session of the United Nations General Assembly, aimed to address global challenges and foster international cooperation. Al-Sudani was set to deliver Iraq's speech at the summit, focusing on sustainable development indicators and advocating for productive diplomacy and international cooperation.
Iraq's Development Strategy and Diplomatic Approach
During the United Nations General Assembly, al-Sudani was expected to formally present Iraq's comprehensive development strategy. This strategy encompasses a five-year plan and initiatives to adapt to climate change and combat the effects of global warming. Additionally, the Prime Minister aimed to leverage the global platform to communicate Iraq's policies and development strategies effectively, engaging in discussions on progress across multiple sectors.
Climate Initiatives and Energy Sector
Al-Sudani's speech likely highlighted Iraq's commitment to a developmental renaissance, including the "Zero Flame" initiative aimed at eliminating gas flaring. This initiative has been pursued for the past 23 months and has invigorated the oil, gas, and renewable energy sectors, setting Iraq on a transformative path toward a new era in energy production. The government targeted an increase in the utilization of flared gas from 69% to 75%, with aspirations to position Iraq among the world's top five gas producers.
Conclusion
While the precise transcript of al-Sudani's speech is not available, his participation at the Future Summit and the United Nations General Assembly underscores Iraq's dedication to sustainable development, international cooperation, and addressing global challenges. The strategies and initiatives discussed by the Prime Minister reflect Iraq's commitment to a future that is environmentally sustainable and economically prosperous.
Full Text Of Al-Sudani's Speech At The Future Summit In New York, 23 SEPT
Full Text Of Al-Sudani's Speech At The Future Summit In New York
Baghdad Today – Baghdad Prime Minister Mohammed Shia Al-Sudani stressed, today, Sunday, September 22, 2024, the importance of adopting clear strategies for using artificial intelligence in a safe and responsible manner to serve humanity.
Al-Sudani participated in the Future Summit, which was held in New York today, Sunday, on the sidelines of the 79th session of the United Nations General Assembly.
The summit aims to enhance cooperation on key challenges and bridge gaps in global governance, reaffirm existing commitments to the Sustainable Development Goals (Global Goals) and the UN Charter, and lay the foundations for more effective global cooperation that can address today’s challenges and emerging threats in the future.
He pointed out that "the political parties inIraqMost of them have military wings, and therefore there are justifications and power for the corrupt person present at the border crossings and protection from dismissal from his position or follow-up and monitoring of all his activities,” indicating that “the border crossings are one of the economic gates through which many corruption deals pass, including currency smuggling, money laundering and drug trafficking.”
He revealed that “every employee who seeks to report the existence of a corruption deal is exposed to dismissal, beating and continuous penalties, and some of them are physically liquidated.
There are cases that we have witnessed in previous years, and the best evidence is a police officer who was assassinated in a hideous manner and was thrown into a kerosene tank as a result of reporting oil smuggling at the crossings.BasraTwo years ago.”
He concluded by saying that “the companySumerI addressed directlyPrime MinisterWith more than 200 thousand barrels smuggled through the northern ports, stressing that "the Iraqi state is completely unable to control the border ports, which are one of the biggest doors to corruption." LINK
Coffee with MarkZ. 09/23/2024
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