Al-Sudani confirms Iraq’s determination to consolidate relations with the United Kingdom in various fields, 15 JAN

Al-Sudani confirms Iraq’s determination to consolidate relations with the United Kingdom in various fields

Economy News – Baghdad

Prime Minister Mohammed Shia Al-Sudani stressed on Tuesday Iraq’s determination to consolidate constructive bilateral relations in various fields, and in a way that promotes the mutual and sustainable interests of the Iraqi and British peoples.

The Prime Minister’s Information Office said in a statement, seen by “Economy News”, that “Prime Minister Mohammed Shia Al-Sudani met the King of the United Kingdom, His Majesty Charles III at Buckingham Palace in the British capital London.”

He added, “During the meeting, bilateral cooperation between Iraq and the United Kingdom was reviewed, and ways to establish a productive partnership in various economic and developmental fields. Cooperation in the field of facing the challenges of climate change and opportunities for enhancing cultural cooperation were also discussed.”

Al-Sudani, according to the statement, expressed “his appreciation for the official invitation he received to visit Britain,” stressing “Iraq’s determination to consolidate constructive bilateral relations in various fields, and in a way that promotes the mutual and sustainable interests of the Iraqi and British peoples.”

For his part, King Charles III welcomed the prime minister, pointing to the depth of the historical relationship between Iraq and Britain, and the outstanding importance that the governments of the two countries attach to developing common interests and understandings at various levels.

STATUS OF THE RV, PART. 3 BY MNT GOAT, 14 JAN

 STATUS OF THE RV, PART. 3 

😊Okay so here is yet another “WOW!” one. This is another article about these future non-oil revenues. The title of the article is “GOVERNMENT ADVISOR: ASYCUDA SYSTEM IS A VITAL TOOL FOR DEVELOPING CUSTOMS WORK AND BOOSTING INTERNATIONAL TRADE”. Oh… didn’t we address this one before?

The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, reviewed on Sunday, the importance of adopting the ASYCUDA system in customs administration, noting that it reduces delays at ports and boosts international trade. Yes, yes, just do it. But can you?

Saleh told the Iraqi News Agency (INA): “ASYCUDA is a customs data management system developed by the United Nations Conference on Trade and Development (UNCTAD) since the eighties of the last century, as this system aims to simplify and accelerate customs and border crossing operations using modern digital technology, according to the generations of the system applied, including the second advanced generation that relies on cloud digital technology.”

  Remember again that this system needs a link to FOREX currency exchange to get the most current, UpToDate rate of currencies in order to calculate the fees. They cannot “fully” implement it without this tie in.

But here is the juicy part of this news today about customs revenues and I quote from the article “in line with the government program to enhance the efficiency of collecting non-oil revenues and make them no less than 20% of total revenues”What did they just say? Did they say customs would be no less than 20% of total non-oil revenues? WOW! WOW! WOW! My jaw is getting tired of dropping so much…. WOW!.

Oh…. But what about the revenues for tariffs? I am sure eventually we will be reading about them too and the percentage of total non-oil revenue they represent. 

This news will probably come out when the Port of Faw is fully operating. Also don’t forget about the Development Road Project and what this will mean to Iraq. It will also mean lots and lots of mullah $$$, I mean casholah $$$! 😊

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

Militia Man : The 2023, 2024, 2025 budget amendment looks to be on the table!! ‪@DINARREVALUATION‬

 

Coordination Framework: We will soon vote on amending the budget law, 14 JAN

 Coordination Framework: We will soon vote on amending the budget law

Baghdad Today – Baghdad

The representative of the Coordination Framework, Mukhtar Al-Moussawi, confirmed today, Tuesday (January 14, 2025), that the House of Representatives is close to voting on the first amendment to the budget law.

Al-Moussawi told Baghdad Today, “There is consensus and agreement to expedite the vote on the first amendment to the budget law, and this matter will be done during the upcoming sessions, especially since the forces of the Coordination Framework agreed on this during their last meeting.”

He added, “This amendment will resolve part of the financial and oil dispute between Baghdad and Erbil, and will also speed up the process of sending the 2025 budget tables from the government to Parliament, and for this reason there is parliamentary interest in the amendment and meetings are ongoing to resolve the points of contention.”

Yesterday, Monday, the Council of Representatives concluded the report and discussion of the second reading of the draft law amending the first federal budget law of the Republic of Iraq for the fiscal years (2023 – 2024 – 2025) No. 13 of 2023.

https://baghdadtoday.news/265861-%D8%A7%D9%84%D8%A7%D8%B7%D8%A7%D8%B1-%D8%A7%D9%84%D8%AA%D9%86%D8%B3%D9%8A%D9%82%D9%8A-%D9%82%D8%B1%D9%8A%D8%A8%D8%A7-%D8%B3%D9%86%D8%B5%D9%88%D9%91%D8%AA-%D8%B9%D9%84%D9%89-%D8%AA%D8%B9%D8%AF%D9%8A%D9%84-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9.html

STATUS OF THE RV , PART. 2 BY MNT GOAT, 14 JAN

STATUS OF THE RV , PART. 2 

😊In the next bit of news in an article titled “IT CAN BECOME A MAJOR SOURCE OF INCOME IN THE ECONOMY.. AL-SUDANI DIRECTS THE MATURATION OF TOURISM PROJECTS”. 

In the article Al-Sudani directed to work on maturing tourism projects and offering them as a single package, especially since developing this sector will contribute to strengthening and diversifying the national economy by activating vital sectors, including the tourism sector, which the government is keen to activate for the next stage. 

 He pointed out that tourism and its components are available in Iraq, and it is possible to transform into a basic source in the non-oil economy. 

According to the statement, the meeting approved extending an invitation to a Spanish company specialized in tourism development in order to put projects related to this sector into action, as well as to develop the capabilities of specialized tourism cadres and keep pace with the latest developments witnessed by this sector globally.

 Twenty one (21) tourism projects were also reviewed, including hotels, resorts, sustainable forests, cities and entertainment complexes in Baghdad and various governorates, which provide attractions, infrastructure and economic feasibility. Folks this is going to be BIG!

I have talked about tourism industry in Iraq many times in the past and we read news about it. So now we can see that Al-Sudani is taking on this non-oil revenue sector seriously and will exploit it to overcome the rentier economy (oil based economy) of Iraq. 

Now you add this to the other non-oil sources of revenues and you have a booming economy for Iraq. WOW! WOW! WOW! Are you tired yet of saying WOW? They will soon be filthy rich with little to no debt. They are backing their currency with GOLD too. Oh…. their dinar is at what price? A 1/6 of a penny? Really?

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

WALKINGSTICK: IRAQI BANK FRIEND AKI : THEY'RE DE-DOLLARIZING THE WHOME MIDDLE EAST!‪@DINARREVALUATION

 

Blinken: Iran has lost its ability to arm Hezbollah, and the balance of power in the Middle East has changed, 14 JAN

 Blinken: Iran has lost its ability to arm Hezbollah, and the balance of power in the Middle East has changed

Baghdad Today – Follow-up

US Secretary of State Anthony Blinken said on Tuesday (January 14, 2025) that “Iran has lost its ability to arm Hezbollah” in Lebanon.

“Hezbollah forces have retreated north of the Litani River and Iran has lost the ability to supply the party with weapons,” Blinken said during his participation in discussions on the Atlantic Council, adding, “Hamas’ military capabilities and its ability to govern the Gaza Strip have been undermined and Iran’s capabilities have declined.”

He pointed out that “the (Bashar) Assad regime has collapsed, and the balance of power in the Middle East has changed significantly, but the situation there is still dangerous.”

Blinken continued, “We can draw a new reality in the Middle East in which everyone enjoys peace and stability, and the conflict in the Middle East affects our bases and forces in the region, and terrorist groups are trying to exploit the situation.”

He pointed out that “Israel was able to destroy the Iranian air defenses, but it faces an unsustainable situation on its northern borders after Hezbollah controlled large areas.”

He noted that, “Our goal was to prevent the outbreak of a regional war in the Middle East and to prevent Hezbollah from posing a threat to Israel. Our principles were that the Gaza Strip under Hamas rule would not pose a continuing threat to Israel and to stop the war in the Strip.”

The US Secretary of State stressed, “We seek to end the war in Gaza in a way that will lay the foundation for lasting peace, and we seek to end the war in Gaza in a way that will advance the legitimate aspirations of the Israelis and a state for the Palestinians,” he said.

He said, “After we realized that Israel’s goal was to undermine Hamas’s capabilities, President Biden worked to achieve a ceasefire agreement,” noting that “Egypt and Qatar reached a final formula for a ceasefire agreement in Gaza, and the ball is now in Hamas’s court.”

“We are working on a plan that includes the day after the ceasefire in the Gaza Strip and how to govern the Strip, and if we reach an agreement on Gaza now or after January 20, it will be an expression of the framework that Biden had set in May,” he added.

He pointed out that “there is a body that will take over the rule of the Gaza Strip the day after the war and will hand over the rule to the Palestinian Authority. After we realized that Israel’s goal of undermining Hamas’s ability to achieve President Biden’s work to achieve a ceasefire agreement, we must ensure that Hamas is unable to rule the Gaza Strip and that the Palestinian Authority, after its reform, takes over the rule of the Strip.”

He stressed that “no one can force Israel to accept a Palestinian state ruled by Hamas or any other extremist organization, and the new agreement must not affect Israel’s security or its status.”

https://baghdadtoday.news/265892-%D8%A8%D9%84%D9%8A%D9%86%D9%83%D9%86-%D8%A5%D9%8A%D8%B1%D8%A7%D9%86-%D9%81%D9%82%D8%AF%D8%AA-%D9%82%D8%AF%D8%B1%D8%AA%D9%87%D8%A7-%D8%B9%D9%84%D9%89-%D8%AA%D8%B3%D9%84%D9%8A%D8%AD-%D8%AD%D8%B2%D8%A8-%D8%A7%D9%84%D9%84%D9%87-%D9%88%D9%85%D9%8A%D8%B2%D8%A7%D9%86-%D9%82%D9%88%D9%89-%D8%A7%D9%84%D8%B4%D8%B1%D9%82-%D8%A7%D9%84%D8%A3%D9%88%D8%B3%D8%B7-%D8%AA%D8%BA%D9%8A%D8%B1%D8%AA.html