Saturday, February 1, 2025
FRANK26: "INVEST IN THE SECURITY & STABILITY OF IRAQ!!!", 1 FEB
KTFA
FRANK26: "INVEST IN THE SECURITY & STABILITY OF IRAQ!!!".........F26
Central Bank of Iraq announces support for US investment opportunities
1/26/2025
The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, received on Sunday an official delegation from the United States headed by Steve Lutes, Vice President of the American Chamber of Commerce and President of the US-Iraq Business Council, in the capital, Baghdad.
A statement issued by the bank's media, received by Shafaq News Agency, stated that the meeting discussed strengthening banking and economic relations between Iraq and the United States, in addition to the upcoming visit of the Central Bank of Iraq delegation to Washington next April, which will include meetings with the American Chamber of Commerce and American companies.
Al-Alaq pointed out the desire of American companies to invest in the fields of energy, infrastructure and modern technology, stressing the importance of investing in the security stability witnessed by Iraq. The Governor of the Central Bank confirmed Iraq's support for the path of economic growth, with the provision of the necessary support to international companies, including American companies and banks, stressing the need for diversification in investment fields .
The two sides also discussed the mechanisms of international trade, and the process of Iraq's transition to full operation in foreign transfers through correspondent banks.
GOLDILOCKS: VIETNAM UPDATE, 1 FEB
GOLDILOCKS
As you can see in today's articles on Vietnam, they are moving from a state controlled government on their economy to allowing Market forces to determine their new classification through supply and demand.
And, new banking mechanisms such as digital banking protocols will enhance their ability to interface on to the global stage of the QFS.
The articles below deal with the banking system making new amendments that defines new laws on who will govern securities. This is in reference to banking reforms.
As you can see from the articles below, Vietnam is merging their new banking laws with their new Trading laws allowing the global market to determine prices on their new economy that is in transition to a Market Economy.
© Goldilocks
https://theinvestor.vn/new-rules-on-securities-banking-ownership-limitations-in-vietnam-d14244.html#:~:text=Law
https://www.vilaf.com.vn/blog/legal-bulletin-january-2025/#:~:text=Amending
https://www.duanemorris.com/attorneys/olivermassmann.html?utm_source=mondaq&utm_medium=syndication&utm_content=articleauthorbyline&utm_campaign=article
FRANK26: "FOREIGN TRANSFERS & 1310 IS LIKE OIL & WATER MIXED TOGETHER.", 1 FEB
KTFA
FRANKL26: "FOREIGN TRANSFERS & 1310 IS LIKE OIL & WATER MIXED TOGETHER.".......F26
The Central Bank receives an American delegation and discusses with it Iraq's foreign transfers
1/26/2025
The Governor of the Central Bank of Iraq, Ali Al-Alaq, met with an American delegation in the capital, Baghdad, on Sunday, and discussed with him how Iraq can move to fully operate in foreign transfers through correspondent banks.
The Central Bank said in a statement received by "Al-Eqtisad News" that "Al-Alaq received Steve Lutes, Vice President of the US Chamber of Commerce and President of the US-Iraq Business Council and his accompanying delegation in Baghdad."
According to the statement, during the meeting, they discussed banking and economic relations between the two countries, the upcoming visit of the Central Bank of Iraq delegation to Washington, and their meeting with the US Chamber of Commerce and American companies next April.
The meeting discussed the desire of American companies to invest in the energy, infrastructure and modern technology sectors and to invest in the security stability witnessed by Iraq, as indicated in the statement.
The statement conveyed Al-Alaq's confirmation that the Central Bank "supports the path of economic growth in Iraq and provides the necessary support to international companies wishing to invest in Iraq, including American companies and banks," noting "the importance of diversification in investment sectors."
The two parties also discussed the mechanisms of international trade and the process of Iraq's transition to fully operate in foreign transfers through correspondent banks, according to the statement.
TIDBIT FROM CLARE, 1 FEB
Clare
Quote: "The US Republican representative ... demanding sanctions on the government-owned Rafidain Bank, accusing it of being a 'machine' for laundering money for the Iranian regime...
Wilson wrote in a blog post on the X ....'
the US Treasury and the Federal Reserve, under Joe Biden...have allowed Rafidain Bank...
to become a money laundering machine for the Iranian regime and its agents to obtain US dollars.'
The Republican representative stressed the need to 'impose sanctions on this bank'... noting that President Donald Trump 'will fix the matter'....
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