Dr. Murtadha Al-Khafaji, a member of the Iraqi Businessmen Union, stated that the Iraqi private sector has begun a new phase that is different from the previous one, and it has become possible to rely on its capabilities to implement projects.
Al-Khafaji said: The projects implemented by the Iraqi private sector indicate the potential of local effort, which has become comparable to global effort, as local capabilities have been developed during the last decade. He added that Iraqi human resources have gained a lot of experience, through interaction with global expertise, which has worked in more than one economic aspect. He pointed out that national companies must occupy the appropriate place within the local labor market. link
It is now in pretty good opinion that between now and the day after election day, we will be informed about our appointment scheduled, so remain connected for update.
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TEXAS SNAKE
Fri. 25 Oct. 2024 Texas Snake
Bankers are angry. Those in control of releasing the GO button for the Global Currency Reset didn’t give the announcement they were expecting. Especially since the redemption center people had been ready and waiting since 8:00 am.
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
😊 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 TreasuryDepartment officials who have been meeting Iraqi financial officials since thesummer, 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.