Thursday, September 26, 2024
Iraq and China sign MoU to combat corruption, 26 SEPT
Shafaq News/ On Wednesday, Iraq's Integrity Commission (CoI) and China's National Supervisory Commission (NSC) signed a Memorandum of Understanding (MoU) to strengthen cooperation in combating corruption, pursuing wanted individuals, and recovering stolen assets.
During the signing ceremony, Judge Haider Hanoun, CoI’s head, emphasized the importance of agreements between Iraq and China, particularly given China’s remarkable investments in several sectors within Iraq.
He highlighted the need for “a safe, transparent environment for these investments, free from bribery and extortion.” Hanoun also noted the Iraqi government’s commitment to fostering open relations with Chinese institutions, particularly in the economic domain.
“Iraq could benefit from China’s National Supervisory Commission’s expertise in fighting corruption and enhancing the capabilities of Iraqi officials,” he said, stressing the importance of international cooperation, especially in recovering stolen assets and extraditing fugitives.
On the other hand, Fu Kui, NSC’s Vice Chairman, urged Iraq to collaborate within the framework of China’s Belt and Road Initiative, ensuring a transparent and clean working environment.
He pointed to the growing strategic relationship between Iraq and China, commending the outcomes of the recent summit between the two nations' leaders at the China-Arab Partnership Conference.
Fu reaffirmed China's commitment to “strengthening ties, building on agreements between Chinese President Xi Jinping and Iraqi Prime Minister Mohammed Shia Al-Sudani,” expressing hope that the cooperation between the two anti-corruption bodies would effectively “tackle corruption and curb the spread of this cross-border challenge.”
The MoU aims to unite efforts to build integrity within the Belt and Road Initiative, promoting transparency, sustainability, and legal cooperation, especially regarding cross-border corruption cases. It also focuses on information exchange, capacity-building through workshops and training, and joint efforts to deny corrupt individuals safe havens under international frameworks, including the UN Convention against Corruption.
DEFINITELY GREAT NEWS!! BY GINGER, 26 SEPT
💢Rapid Updates Iraq 🇮🇶 9.25.24
Iraq is close to completing its money transfers electronically, the US treasury, bills, economic growth rate and are pleased.
The Prime Minister said Iraq is coming a long way in the financial banking reform file. You guys, they’re 5% away from completing the banking reform file and this will be finished at the end of this year.
When this is completed, the switch will be made to the corresponding banks systems in line with international standards.
Definitely great news!
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STAY RAPID
Washington renews its support for the Sudanese in his steps to modernize Iraq’s economy, 26 SEPT
Baghdad – Mil
US Secretary of State Anthony J. Blinken praised on Tuesday the steps of Iraqi Prime Minister Mohammed Shia Al-Sudani in the field of the Iraqi economy and modernization as well as the fight against corruption.
U.S. State Department spokesman Matthew Miller said in a statement that “Blinken met today with Iraqi Prime Minister Mohammed Shia Al-Sudani in New York, and the minister and the prime minister discussed urgent efforts to avoid further escalation of the conflict in the region.”
The two parties stressed the importance of the strategic partnership between the United States and Iraq, including the commitment to expand cooperation in the field of economic development and continue to build relations between our peoples. The two leaders stressed the joint vision of building a lasting security partnership that promotes regional stability, including continuing discussions on the transition of the military mission to the Coalition to Defeat ISIS in Iraq to ensure the defeat of ISIS.
He added that “Blinken stressed the need to reopen the oil pipeline between Iraq and Turkey to encourage continued foreign investment in the Iraqi economy and praised Iraq’s commitment to achieve independence in the field of energy by 2030. He also affirmed the United States’s support for the Prime Minister’s agenda to modernize the Iraqi economy, including combating corruption and financial sector reform, and the commitment of the United States’ continued efforts to support a stable Iraq, security and sovereign sovereignty for the benefit of the Iraqi people and the wider region.”
"THEY ARE SAYING ON TV THAT " IRAQ IS PLANNING ON A CURRENCY REDENOMINATION" BY FIREFLY, 26 SEPT
Frank26
[Iraq boots-on-the-ground report]
FIREFLY:On our television we're now seeing Kurdistan news on our television.
We are seeing the Kurdish news is now talking about Iraq is planning on a currency redenomination.
They're saying Iraq is going to delete the three zeros and this will bring value to the currency of Iraq and it will facilitate financial transactions.
FRANK: ...Does it get any better than that?! ...Re-denomination means they will replace the 3-zero note with lower notes because the new exchange rate will only work with the new lower notes they're about to give you.
"THIS IS THE PRIME INDICATOR AS TO WHEN WE MAY EXPECT THE RV OF THE IRAQI DINAR" BY ARIEL, 28 SEPT
ARIEL This may be the prime indicator as to when we may expect the reinstatement of the Iraqi Dinar. Because I have touched on SOFR many ...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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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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RayRen98 BANK STAFF RECEIVED "GET READY" MEMOS THIS MORNING, THEY'VE BEEN EXCITED ALL DAY! Nader From The Mid East Y...