Friday, February 7, 2025

Iraq prepares to implement the first historic transfer operation through the international (TIR) ​​system, 7 FEB

  Iraq prepares to implement the first historic transfer operation through the international (TIR) ​​system

 The International Road Transport Union (IRU) announced Iraq's readiness to implement the first historic transport operation via the international road transport (TIR) ​​system, in a historic step towards enhancing cross-border trade.

During a visit last week, the Union confirmed that Iraq is close to achieving a major achievement in international trade, as it will soon witness the first transport operation under the umbrella of the internationally recognized system for customs transit, noting that this step reflects Iraq's commitment to modernizing the trade sector and adopting international practices.

A specialized workshop was also organized, focusing on the importance of the United Nations international agreements, such as the TIR Convention and the Dangerous Goods Convention, highlighting the role of these agreements in simplifying trade, enhancing security and reducing accidents.

The Federation stressed the importance of cooperation between the public and private sectors to ensure smooth implementation of the two mentioned systems, which contributes to enhancing Iraq's position in regional and international trade.

In conclusion, the Federation stressed that this step represents a new beginning for Iraq in the field of transportation and international trade, with the adoption of the best international practices to enhance efficiency and economic growth.  link


TIDBIT FROM FRANK26, 7 FEB

 Frank26 

 This is amazing, the speed of the information that is coming...

It is in volumes and it is massive in instructions and education of the monetary reform to you citizens. 

 The laws are in place to expose the new exchange rate in the 2025 budget.  

Everybody knows the truth is about to be revealed.

  That's why Alaq and Sudani are telling Iraqi citizens, 'We are going to cover all the details very soon about this monetary reform.

  We're going to tell you about your new exchange rate, about your new lower notes, we're going to tell you everything very shortly.' 

 This is so exciting to be a part of this history.  It's epic. 

MNT GOAT: IRAQ IS NOW SERIOUS ABOUT MOVING AHEAD @DINARREVALUATION ​

 


ZOOM IRAQ NEWS: Al-Sudani met with Iranian Vice President for Strategic Affairs, Mohammad Javad Zarif, to discuss strengthening bilateral relations, 7 FEB

 ZOOM NEWS

Iraqi Prime Minister Mohammed Shia al-Sudani met with Iranian Vice President for Strategic Affairs, Mohammad Javad Zarif, to discuss strengthening bilateral relations and latest regional developments. 

Both sides emphasized the need for enhanced cooperation to ensure regional stability and security.

Zarif underscored the importance of joint efforts to address regional challenges - statement 📸: PM office
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EXCERPTS FROM MARKZ, 7 FEB

 EXCERPTS FROM MARKZ

Member: Hoping for some good info from Mark about exchanges happening soon?

MZ: The contact I mentioned last night is indeed out west now. This is a first in years so I am very upbeat about that. 

MZ: Bond side remains quiet but most of contacts told me it should be around the 10th to the 12th for them to get paid. 

MZ: last night Mike Bara told you guys he knows someone who should have their fees sooner. Like in a day or two. 

MZ: I have heard nothing on Prosperity projects or CMKX. 

Member: My bank had an update on app to inform our and agree to digital transfer and movement transactions yesterday.

Member: A friend of mine who lives in Austin, TX said he asked his bank manager, was is a friend of his, if they were ready for the Revaluation. He said, "Yes, we are trained and ready to go!"

MILITIAMAN: They're looking for an exchange rate change because that's what's going to happen.

 


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