Thursday, October 31, 2024

Customs Announces A Significant Increase In Trebil Port Revenues After Linking It To The ASYCUDA Program, 31 OCT

 Customs Announces A Significant Increase In Trebil Port Revenues After Linking It To The ASYCUDA Program

Trebil border crossing between Iraq and Jordan   Money and business  Economy News – Baghdad  The General Authority of Customs confirmed, on Wednesday, that linking the Trebil port to the global ASYCUDA program has reduced cases of smuggling, manipulation and forgery, while indicating a significant increase in the port’s revenues.

The Director of the Trebil Border Customs, Asim Hamid Al-Shawka, said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "the Trebil port is a commercial and vital port and one of the most important ports in the western region in terms of revenues and exports that pass through it", noting that "it is a link between the Hashemite Kingdom of Jordan and the world through the port of Aqaba."

He added that "the reasons for the increased flow of commercial traffic inside the port are due to the ease of work there and the facilities it provides in accordance with the controls and instructions," noting that "this has made most traders import their goods through the Trebil border port."

Al-Shawka explained that "the movement of travelers from Iraq to Jordan is witnessing large numbers of travelers entering and leaving from Iraqis, Arab tourists and foreigners," indicating that "the credit goes to all the security forces that secured the expressway that connects the port to Anbar Governorate, reaching Baghdad and the rest of the governorates of Iraq."

He continued: "All goods are imported through our center from various global origins, the most important of which are food, agricultural fertilizers, dyes, construction materials, human medicines, veterinary medicines, medical supplies, agricultural materials and cars,"

noting that "our center is distinguished by a transit line for transporting goods from various countries of the world through Iraq to neighboring countries, and various Iraqi products are exported through it to the Hashemite Kingdom of Jordan and the rest of the world, the most important of which are soft drinks, juices, dates, asphalt, furniture and other Iraqi products."

He pointed out that "a crude oil pipeline passes through our center to the Hashemite Kingdom of Jordan, and based on the directives of Prime Minister Mohammed Shia Al-Sudani and Minister of Finance Taif Sami, and under the direct supervision of the Director of the General Authority of Customs Hassan Hamoud, the port was linked to the global ASYCUDA program, which enhanced the reduction of cases of smuggling, manipulation and forgery, and led to a significant increase in revenues over previous years."

He pointed out that "cases of smuggling food items unfit for human consumption were monitored and destroyed, and the smugglers were referred to the judiciary to receive their just punishment," explaining that "this success was achieved through cooperation between the General Authority of Customs, represented by the Trebil Customs Center, and the Border Ports Authority and all supporting departments in terms of the mechanism for exchanging information.

We must not forget the Anbar government, represented by the Anbar Governor and the Chairman of the Provincial Council, with their unlimited support for the Western Region Customs Directorate and the ports affiliated with the Western Region."   https://economy-news.net/content.php?id=49310


STATUS OF THE RV, PART. 2 BY MNT GOAT, 31 OCT

And lastly, a VERY IMPORTANT article: 

😊 I saved the best, juiciest article to review for last. Yes, the best for last. It is titled: 

IRAQ SELECTS TEAMS OF EX-US TREASURY DEPARTMENT OFFICIALS TO REFORM BANK, FOLLOWING US PRESSURE CAMPAIGN“. Let’s explore what this news is telling us and why it is so important to us. I quote from the article: 

“Chip Poncy and his ex-government colleagues in K2 Integrity’s Washington office have been meeting Iraqi officials to discuss changes to the financial sector. Now they have been tasked with cleaning up Rafidain Bank, which has been at the center of major corruption inquiries over the last year. A high profile assignment won by executives at K2 Integrity to reform Iraq’s scandal-hit Rafidain Bank will be undertaken by a team of former US Treasury Department officials who have been meeting Iraqi financial officials since the summer, Intelligence Online has learnt.

Chip Poncy, a former director at the Department’s office of Terrorist Financing and Financial Crimes (TFFC), now a partner in K2’s Washington office, met officials from the Iraqi Central Bank during a training event in Dubai on 30 May. A second meeting occured in late August in New York, attended by Ali Mohsen Al-Alaq, the current governor of the Iraqi Central Bank Poncy will be leading on the assignment with Sarah Runge, who was his assistant at the TFFC office between 2012 and 2013. Two other former Department of Treasury executives, including Poncy’s former Harvard college friend Juan Zarate and Danny Glaser, who heads K2’s Washington DC office, will also advise on the assignment, Intelligence Online understands. 

An official Iraqi government statement said the company will be working to “enhance banking operations” at Rafidain in order to expand its cross-border correspondent banking relationships. K2 agreed an earlier contract to advise the Central Bank on US dollar transactions in early 2024, according to local reports citing official documents.”

These are the “big guns” coming to Iraq in the final stages prior to the movement of the process to delete the zeros and the reinstatement that will follow. If you read the article you can clearly see the reason why they are in Iraq and what their assignment is. The US Federal Reserve wants the Reinstatement and want it as soon as they can clean up the dollar and to get Iraq off the dollar entirely, except for normal banking practices as with any country dealing in international commerce. Folks, this is huge for the Rafidain bank, the largest of the CBI banks in the country. 

We all should be VERY excited about this news. This is the WOW! news for us today. 

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

MILITIAMAN: MM&C News Reporting-Security & Stability-Sinjar Allocations-Unprecedente...

Ministry Of Justice: Completing The Electronic Documentation System And Canceling The Validity Of Paper Issuances Of Agencies, 31 OCT

 Ministry Of Justice: Completing The Electronic Documentation System And Canceling The Validity Of Paper Issuances Of Agencies

Buratha News Agency1662024-10-30   The Ministry of Justice announced today, Wednesday, the completion of work on the electronic documentation system and the cancellation of the validity of paper issuances of agencies in all notary public departments in Baghdad and the governorates.

The ministry stated in a statement that "based on the directives of the Minister of Justice, Khaled Shawani, to rely on modern technologies in the work of the judicial departments, and in cooperation with the General Secretariat of the Council of Ministers, the Notary Public Department announced the completion of work on the electronic security code system (QR) for all agencies and in all departments affiliated with it in Baghdad and the governorates."

The ministry quoted the Director General of the Notary Public Department, Youssef Hawiz Khorshid, as saying, "All 178 notary public departments in Baghdad and the governorates have been fully equipped with the requirements for working with the barcode system in order to achieve a complete transition to digitization in the department's work."   https://burathanews.com/arabic/news/452191


" Even the UN has said that the UN needs to let go of Iraq now" BY MNT GOAT, 31 OCT

What else is in the news?

☹ The rest of the articles stem around rebuilding the economy and what they are doing to help facilitate this. Also there are a couple article about the U.S. and one specifically got my attention.

 This one is titled “MP: AMERICA IS WAGING AN ECONOMIC WAR AGAINST IRAQ”.

 The representative of the Sadiqoun parliamentary bloc, Rafiq Hashem, accused America of practicing economic warfare against Iraq, stressing that the trend towards Russia and China is the only salvation from American hegemony. 

This attitude of the U.S. I find ironic in a way in that the U.S. has a golden opportunity to help rebuild Iraq and prosper from a roaring economy.

 So, why don’t they do it? Why still keep trying to suck the life out of them? We as investors have witnessed all the US corruption and even the holding back the Project to Delete the Zeros and the Reinstatement in 2012-2013. 

Think of how much better Iraq could be if they had completed the process in 2013, as planned by Dr. Shabibi. 

It is said that trillions, not billions, of dollars could have gone to rebuilding Iraq but instead it was stolen, most went to Iran and terrorists. Now with the slow reaction of the US to support the Iraq economy, as we  in today’s news, one must come to the conclusion that this hegemony is what the US really wanted all along and take the Iraqi military bases to be used to control their middle eastern policies of endless wars.

 Sorry, but I let reality speak for itself. These are useless, endless wars being diabolically orchestrated by the CIA for the military industrial complex and all the secret payoffs in the background. One has to ask – was the 2003 invasion really about weapons of mass destruction and freeing the Iraqi people or more about accomplishing these other objectives? 

I think all my readers know the TRUTH now.

So, you see that when I talk about Iraq and how it has to now dig itself out of a hole that was dug by the US you know what I mean. Everyone thought that once they were out of sanctions things would go smoothly and the process to get back their currency and grow their economy would come easy. 

Well… here we sit and its already over a year and a half since the “full” release of “all” UN Chapter VII sanctions. So what happened? 

Even the UN has said that the UN needs to let go of Iraq now. 

Two major steps would be in the freeing up of the revenue collection from the oil sales and abolishing the DFI fund. 

They second would be the re-establishment of the Iraqi dinar on the foreign currency exchanges with a fair and nominal rate. Everything else being done is to get Iraq to these two goals.

As investors we must stay focused and not go off half-cocked on all this other nonsense about some global currency reset GCR. Just remember I have been warning all of you about these scams to buy all these other currencies. The only true horse that I am betting on is the Iraqi dinar. The rest are just long shots. Get it? Of course, this is just what I am doing and so you decide what you will do but be prepared to take the consequences too and no complaints and crying over spilt milk later.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

MILITIAMAN: MM&C News Report-Central Bank Governor of Iraq-Monetary Stability Direct...

Al-Sudani Discusses With The Commander Of The NATO Mission In Iraq Ways Of Cooperation In Light Of The End Of The International Coalition Mission, 31 OCT

 Al-Sudani Discusses With The Commander Of The NATO Mission In Iraq Ways Of Cooperation In Light Of The End Of The International Coalition Mission

Wednesday 30 October 2024 18:05 | Politics Number of readings: 125  Baghdad / NINA / Prime Minister and Commander-in-Chief of the Armed Forces Mohammed Shia al-Sudani discussed with the Commander of the NATO Mission in Iraq, Lieutenant General Lukas Schweizers, ways of cooperation in light of the end of the international coalition mission.

The Prime Minister's media office said in a statement: "Al-Sudani met today with the Commander of the NATO Mission in Iraq. During the meeting, ways of security and military cooperation between Iraq and the alliance countries were discussed, in light of the end of the mission of the international coalition to fight ISIS in Iraq."

Al-Sudani was briefed on the outcomes of the high-level meeting between Iraq and the alliance, which was held in Brussels last August, and directed the formation of a joint committee between the two sides, headed by the Iraqi side by the National Security Advisor, to discuss all frameworks of cooperation.

The Prime Minister stressed Iraq's desire to move to bilateral cooperation with the alliance countries that participated in the international coalition, and to enhance the areas of training and joint advice with the Iraqi armed forces, especially after the Iraqi forces have acquired advanced levels of technical and field effectiveness.

Al-Sudani also touched on the developments in the security situation in the region, with the continued Zionist aggression on Gaza and Lebanon, its threat to regional peace, and its attempts to expand the conflict, reiterating the importance of international and UN organizations and major countries assuming their roles and responsibilities towards stopping the aggression and preventing the genocide of the steadfast Palestinian people. /  https://ninanews.com/Website/News/Details?key=1165272  


TIDBITS FROM WOLVERINE, 16 NOV

  Thurs. 14 Nov. 2024 Wolverine President Trump  will make an announcement to the Banks tomorrow Fri. 15 Nov. 2024. WF will then send emails...