Al-Harki: One law can radically solve the Kurdistan oil problem, 27 JAN

 Al-Harki: One law can radically solve the Kurdistan oil problem

Information / Private..

Kurdish politician Ahmed Al-Herki confirmed on Sunday that the lack of legislation of the oil and gas law makes the oil differences between Baghdad and Erbil and opens the door to foreign interventions.

Al-Herki said in an interview with Al-Ma’ina agency, that “the sharp differences and mutual accusations about the Kurdistan Region oil file are caused by the basis of the lack of a constitutional framework regulating the relationship between the center and the region and the lack of legislation of the oil and gas law,” noting that “the contracts concluded by the regional government with oil companies included a large amount for the production of a barrel and a level of 26 barrels per dollar, and later it was reduced to 16 barrels as a compromise solution after Baghdad’s objection, and this can be addressed with new rounds of licenses.”

He added that “this problem greatly harms the Iraqi people and affects their living standards and salaries, and the absence of solutions makes international parties intervene and press for one party against another,” blading “the Kurdistan Regional Governments and the federal government responsible and they must find a radical solution and not promactive solutions.”

He pointed out that “the legislation of the oil and gas law, the termination of settlement, the establishment of a realistic mechanism for the issue of oil and non-oil imports of the Kurdistan Region, and the activation of control are the radical solutions to this problem, and whenever these solutions are absent, the crisis will continue and we will remain in the first box.”

It is noteworthy that political forces and deputies confirmed the existence of oil smuggling activities from the Kurdistan Region with the assistance and intervention of international and regional parties, while Baghdad confirms for years that the regional government has denied the delivery of oil and non-oil imports to the center in exchange for receiving its share of the public financial budget. Ended 25 with

AJ: IRAQ UPDATE, 27 JAN

AJ

Check This Out On Sunday, Governor of the Central Bank of Iraq (CBI), Ali Mohsen Al-Alaq, met with a US delegation led by Steve Lutes, Vice President of the US Chamber of Commerce and Chairman of the US-Iraq Business Council, in Baghdad. According to a statement from the Central Bank's media office, “the meeting focused on strengthening banking and economic relations between Iraq and the United States.” It also discussed an upcoming visit by a delegation from the CBI to Washington in April, which will include meetings with the US Chamber of Commerce and American businesses. The two sides also discussed international trade mechanisms and the process of transitioning Iraq to full external transfers through correspondent banks. “Al-Alaq highlighted the interest of US companies in investing in energy, infrastructure, and modern technology sectors, stressing the importance of leveraging Iraq’s current security stability,” the statement added. He further reiterated Iraq’s commitment to supporting economic growth and providing necessary support for global companies, including US firms and banks, while emphasizing the need for diversification in investment areas.

February - Critical Economic Steps!

The Minister of Commerce calls for the establishment of the “Made in America” exhibition in Iraq and the attendance of American companies at the sessions of the Baghdad exhibition, 27 JAN

 The Minister of Commerce calls for the establishment of the “Made in America” exhibition in Iraq and the attendance of American companies at the sessions of the Baghdad exhibition

Baghdad/Nina/Secretary of Commerce Ether Daoud Al-Ghuriri discussed with the US Chargé d’affaires in Baghdad, Ambassador Daniel Rubinstein, Vice President of the American Chamber of Commerce and Chairman of the Iraqi-American Business Council Steve Lots, and their accompanying delegation, ways to strengthen economic and trade relations between Iraq and the United States.

The Ministry of Commerce said in a statement that the minister stressed during the meeting Iraq’s keenness to strengthen its economic relations with the United States within the framework of the government’s trends towards approving and implementing economic reforms to improve the business and investment environment.

According to the statement, Al-Ghurairi pointed to the exceptional efforts made by the ministry in coordination with government agencies to hold the third round of negotiations on Iraq’s accession to the World Trade Organization after a break of 16 years, where Iraq submitted the files of goods and services and reviewed economic reforms, including the legislation of the Intellectual Property Law.

The minister explained: “Iraq seeks to simplify the working procedures of American companies inside the country to support trade and investment between the two countries,” pointing to the self-sufficiency of local wheat during the past two years, while continuing to work with the memorandums of understanding signed with the American side related to the country’s needs.

He called on American companies to hold the “Made in America” exhibition inside Iraq and organize a forum between the Iraqi and American private sectors to review investment opportunities and available projects, and hoped that American companies would be present in the sessions of the Baghdad International Exhibition.

For his part, Ambassador Robinstein expressed his aspiration for more cooperation and openness between the two countries, pointing to the economic reforms witnessed by Iraq to improve the business and investment environment. He also announced the preparation for the visit of a delegation of American businessmen to Iraq next April.

In turn, Steve Lotus thanked the Ministry of Commerce for its support for the work of American companies, praising Iraqi efforts to improve the business environment and encourage investments.

The statement added: “The two parties agreed to enhance cooperation to expand the business base and strengthen economic and trade relations to serve the common interests of the two countries.” / It’s over

https://ninanews.com/Website/News/Details?key=1182141

REINALDO JC: 🚨Behind the scenes, it’s a DONE DEAL !!, 27 JAN

 REINALDO JC

Behind the scenes, it’s a DONE DEAL.

It will be abolished/gone!!! NO MORE IRS NOR FED INCOME TAX!!! We’re Going back to Tariffs…(ERS) bringing $$$ into our REPUBLIC that will greatly enhance the U.S. Treasury & benefit the U.S. living person.

Quote

 JULIE DONUTS 

@Juliesnark1731

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16h

I’M TELLING YOU THEY ARE DONE!!! H/T @majeed66224499

MZ:The best time to do this was between 11PM est & 2AM est on a Saturday night into a Sunday Morning

 

Soon.. A delegation from the Central Bank of Iraq visits Washington, 26 JAN

 Soon.. A delegation from the Central Bank of Iraq visits Washington

The Central Bank of Iraq revealed on Sunday the upcoming visit of a delegation to Washington next April.

According to a statement issued by the bank received by (fourth), “the governor of the Central Bank of Iraq, Ali Mohsen Al-Alak, received Steve Lotus, Vice President of the American Chamber of Commerce, President of the US-Iraqi Business Council and his accompanying delegation in Baghdad.”

He added that “the meeting discussed the banking and economic relations between the two countries and the upcoming visit of the Central Bank of Iraq’s delegation to Washington and their meeting with the American Chamber of Commerce and American companies next April.”

https://www.faceiraq.org/article/254942/قريبا-وفد-من-البنك-المركزي-العراقي-يزور-واشنطن