Sunday, May 25, 2025
Iran pitches regional economic ties
Shafaq News/ Iran’s ambassador to Saudi Arabia, Alireza Enayati, proposed the formation of a regional economic development group that would include the Gulf states, Iran, and Iraq, according to several Iranian media outlets.
Speaking at a diplomatic conference in Shiraz on Thursday, Enayati highlighted the need to expand regional engagement beyond political ties, calling for deeper cooperation in tourism, trade, and economic development.
He also noted a shift in regional priorities, with a move away from security-focused approaches toward development-oriented strategies. The trend, while gradual, has become increasingly visible among Gulf countries and, in his view, offers a meaningful opportunity for Iran.
“Iran and Iraq lie to the north of the Persian Gulf, while six other countries are positioned along its southern coast. These eight nations have the potential to build a unified framework to advance economic cooperation,” he stated.
Enayati also pointed to Iran’s strategic geography and its network of transit corridors, describing them as key national advantages that could support its role as a regional economic route.
These remarks follow recent comments from Iranian President Masoud Pezeshkian, who expressed Iran’s readiness to share its experiences and achievements, including peaceful applications of nuclear technology, with Muslim countries and regional neighbors.
Summary of TNT's 5/21/25 conference call:(ENGLISH & SPANISH)
Summary of TNT's 5/21/25 conference call:
1. There was no teleconference on Monday. Tony was getting a lot of information, but it didn't make sense.
2. We should have been at the bank this morning.
3. Interest rates appear on the bank's screens.
4. This morning it was quiet; everyone was worried.
5. Israel wants to threaten Iran.
6. Around noon, everyone started talking about Israel bombing Gaza.
7. The United States intentionally released that information, which is very confusing.
8. Netanyahu was planning to start bombing anyway; The United States unmasked them.
9. At home, they were told to prepare for war if the bombings started.
10. We decided to wait and see what Israel does.
11. It is a problem that we must solve.
12. Iran has been removed from the list, but is expected to be on the next one. The rate is $3.63.
13. This event should occur in the next 24 hours.
14. We missed an opportunity today. There are two opportunities every day.
15. The banks and the people are ready. Iraq has done what it could.
16. Everything has been completed contractually and electronically. Agencies and countries are ready.
17. An announcement was supposed to be made this morning at 8am. m.
18. The president of Kurdistan was in the US yesterday.
19. An announcement will be made in Iraq; If not, it will be made in the USA.
20. Something is expected to happen in Iraq tomorrow.
21. Two 3-letter agencies have the same deadline.
22. Everyone agrees that tomorrow is our day.
23. Friday is the last deadline day, and we should see something after 5am. m., and we will definitely be at the bank on Saturday morning.
24. Iraq should enter on Thursday; On Friday after 5, the stop will be maintained. I should get into Forex after 5, and we should be at the bank on Saturday.
25. That is the new time frame adopted.
26. Exchange rates are on the screen.
27. Tony has been told that once the process begins, no human intervention is possible. It can't be undone once you get to Forex.
Continue.
28. Tony has been receiving real warnings; as soon as this is announced, to the bank.
29. Iran has agreed to speak with Trump on Friday.
30. The exchange rate for the dinar is $3.47.
TRANSLATION IN SPANISH
Resumen de la teleconferencia de TNT del 21/5/25:
Foreign Minister: Iraq Is Witnessing An Influx Of Domestic Foreign Investments Estimated At $87 Billion
Foreign Minister: Iraq Is Witnessing An Influx Of Domestic Foreign Investments Estimated At $87 Billion
Economy May 19, 2025, Tehran – INA Foreign Minister Fuad Hussein confirmed on Monday that Iraq is currently witnessing an influx of domestic foreign investments estimated at $87 billion, while noting that Iraq is playing an active role in bringing the views of opposing countries closer together.
In a speech during his participation in the "Tehran Dialogue Forum" organized by the Iranian Ministry of Foreign Affairs, Hussein said, as received by the Iraqi News Agency (INA):
"The transformations taking place in Syria are an internal affair that concerns the Syrian people alone,"
stressing "Iraq's respect for the will of the Syrian people."
He pointed to the "existing security interdependence between Iraq and Syria," expressing his hope that
"Syria will emerge from the cycle of fighting and sanctions toward a better future."
He stated that "stabilization in the region can only be achieved through a comprehensive political process that includes all components of the Syrian people," calling for "the
necessity of adopting dialogue as a means of resolving conflicts.
"
Regarding Iraq's role in the regional scene, the Minister emphasized that
"Iraqi foreign policy is based on the principle of dialogue and communication," noting
"the effective role Iraq has played in bringing the views of opposing countries closer together."
Regarding the recent Arab Summit hosted by Baghdad, the Minister explained that
"Iraq is dealing realistically with the challenges facing the Arab world, as
several countries are experiencing internal conflicts and wars."
He emphasized that "Iraq, through its current presidency of the Arab Summit,
has taken it upon itself to play the role of mediator and propose future mechanisms for crisis management."
He noted "there is an intention to launch initiatives in Yemen, Sudan, Libya, and other countries experiencing crises," explaining that
"security is the foundation of development, and development cannot be achieved without stability."
He explained that "the leaders' presence in Baghdad during the summit sent a clear message about the
stability of the situation in Iraq and the success of its development path."
On the economic front, Hussein reviewed the Iraqi government's plans to diversify the economy, noting that
Iraq has begun investing in natural gas and expects to reach full domestic gas production by 2028. He explained that
the government is moving toward
developing the petrochemical sector,
activating tourism, particularly religious tourism, and
supporting the agricultural sector. He noted that
Iraq is currently witnessing an influx of domestic foreign investment estimated at $87 billion,
reflecting growing international confidence in the Iraqi economy. https://www.ina.iq/234593--87-.html
FIREFLY: why would you call that a threat? I call that a blessing!
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Saleh on TV saying the dinar supply reached a critical stage from 87% to 90% now held outside of banks and saying hoarding by the citizens is getting to be a real issue.
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