ZOOM IRAQ NEWS: Mahmoud al-Mashhadani, calls on political forces and all members of the ruling State Administration Coalition to hold an urgent meeting to address Iraq’s challenges, 6 FEB

 ZOOM NEWS

The Speaker of the Iraqi Parliament, Mahmoud al-Mashhadani, calls on political forces and all members of the ruling State Administration Coalition to hold an urgent meeting to address Iraq’s challenges, aiming to unify the national vision and resolve recent political disputes - statement : Iraqi Parliament

2:18 PM · Feb 5, 2025

BROTHER TECHNOLOGY: International Status steps away!!, 6 FEB

 BROTHER TECHNOLOGY

International Status steps away

Baghdad-INA The International Road Transport Union (IRU) announced during its visit last week that Iraq is heading towards implementing the first historic transport operation through the international road transport system (TIR).

The union stated in a statement, followed by the Iraqi News Agency (INA), that "a delegation from the International Road Transport Union (IRU) visited Iraq last week to lay the foundation for the first cross-border transport movement in the country within the international road transport system (TIR).

It explained that "Iraq is close to achieving a historic achievement in cross-border trade, as the first transport operation under the umbrella of the international road transport system is expected to take place soon, as this event represents a turning point for the country and a major step towards full integration into the recognized international system for customs transit."

It added that "during the past week, the International Road Transport Union (IRU) held key discussions with stakeholders in the public and private sectors, reinforcing Iraq's commitment to modernizing the trade sector and adopting international best practices."

It pointed out that "a specialized workshop was organized during the visit, focusing on the importance of international agreements of the United Nations, such as the TIR Convention and the European Convention on the International Carriage of Dangerous Goods by Road. Experts highlighted the vital role of these agreements in simplifying cross-border trade, enhancing trade security, and reducing road accidents. Discussions also addressed the importance of professional excellence in the land transport sector and developing strong regulatory frameworks to support it."

The statement continued that "cooperation between the public and private sectors was one of the main themes of the meetings, as its essential role in achieving these goals was emphasized," noting that "effective coordination between government authorities and the private sector is a crucial factor in ensuring the smooth implementation of the TIR Convention and the European Convention on the International Carriage of Dangerous Goods by Road, which enhances Iraq's position in regional and global trade."

It concluded that "as Iraq prepares for this achievement, it stands on the threshold of a new era in the field of transport and international trade, as it adopts global best practices to enhance efficiency, security, and economic growth." https://ina.iq/eng/38158-iraq-is-heading-to-im

4:10 PM · Feb 5, 2025

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Militia Man :, if they're going to be allowing oil to move, change is coming!! @DINARREVALUATION ​

 

ZOOM IRAQ NEWS: REAFFIRMING COMMITMENT TO ENSURE THAT OIL REVENIES ARE TRANSFERRED TO THE IRAQI TREASURY, 6 FEB

 ZOOM NEWS

The Kurdistan Region’s Council of Ministers, in its regular Wednesday session, directed the Ministry of Natural Resources to coordinate with the federal Oil Ministry and international oil companies to resume oil exports through the Iraqi State Organization for Marketing Oil (SOMO),

reaffirming its commitment to the law and ensuring that oil revenues are transferred to the Iraqi treasury..

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#BREAKING: White House press secretary Karoline Leavitt clarified that President Trump has not committed to sending US troops to Gaza. She explained that Trump expects Egypt and Jordan to accept Palestinians temporarily until Gaza is rebuilt, as the region is no longer suitable for living. : Screengrab from White House briefing

2:33 PM · Feb 5, 2025

TIDBIT FROM MILITIAMAN, 6 FEB

Militia Man 

   If they're going to be paying salaries, if they're going to be allowing oil to move, change is coming.  We can all feel they're going to have to adjust their exchange rate...

If they were going to expose 1310 they would have done it a long time ago.  They would have never waited this long.  They wouldn't have hid it and they would have made the budget tables public...

Are they waiting for a special time?  It sure looks like it.  A digital transformation is upon them and they're going to have an interconnection with a digital platform to move their currency...I think Iraq is probably not going to be the only one that's going to be involved in this.

FIREFLY: A delegation from the CBI will go to the USA in early April!, @DINARREVALUATION #iraqidinar

 

Governor of the Central Bank of Iraq receives the French Ambassador accompanied by a delegation from the French business sector, 6 FEB

 Governor of the Central Bank of Iraq receives the French Ambassador accompanied by a delegation from the French business sector

The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received the French Ambassador to Iraq, Mr. Patrick Dorrell, and a French delegation, which included a number of French banks and companies in various sectors, in the presence of officials from the Central Bank of Iraq and the Director General of TBI Bank. 

His Excellency the Governor reviewed the investment opportunities in all sectors, especially after the security stability witnessed by Iraq.

He explained the priorities, plans and initiatives that the Central Bank is working on to achieve general stability in prices by controlling the inflation rate, and supporting economic growth through its financing initiatives to achieve economic diversification.

He pointed to the role of the Central Bank in expanding financial inclusion, moving to electronic payment, digitizing the economy, integrating into the global economy and its financial system, and the great success in moving foreign transfer operations to the latest international practices and standards.

His Excellency explained the laws that facilitate the movement of investors' funds into and out of Iraq, stressing the endeavor to overcome the difficulties facing investment companies wishing to work in Iraq, within the area of ​​specialization. 

For his part, His Excellency the French Ambassador stressed that French companies have an important and great opportunity to invest in Iraq and deal directly with the private sector, especially with the existence of laws that support investors and commercial projects.

The French delegation also participated in the dialogue and raised the most important questions that contribute to understanding investment opportunities, while His Excellency took the initiative to answer the delegation’s inquiries as well as the officials present at this meeting. 

Central Bank of Iraq 
February 4, 2024
Media Office  link