Sunday, June 8, 2025
MP: The results of the Baghdad Development Summit on Iraq will be revealed soon.
MP: The results of the Baghdad Development Summit on Iraq will be revealed soon.
Member of Parliament Mohammed Al-Ziyadi confirmed today, Saturday, June 7, 2025, that the results of the Baghdad Summit, which witnessed effective Arab participation, will appear soon.
Al-Ziyadi told Baghdad Today, "Iraq does not want to make the results 'ink on paper' like the previous Arab summits, but rather wants to translate those results into reality, especially economic and developmental issues, and for this reason they will be translated soon, especially in Iraq."
He added, "Iraq has become a fertile economic and developmental land at various levels, and there is a strong regional and international will to enter the Iraqi arena for investment and economic activity, which will strengthen its economic and financial position in the coming period."
On May 17, the capital, Baghdad, hosted the Arab League Summit and the fifth Arab Economic and Social Development Summit.
In its closing statement, the development summit affirmed its firm commitment to supporting joint Arab development action, strengthening Arab solidarity, and achieving economic and social integration among Arab countries.
The Development Summit approved the Arab Food Security Strategy for the period (2025-2035), calling for the mobilization of energies and resources to implement it, ensuring the achievement of Arab food security to confront current and future challenges.
She stressed the importance of developing the Greater Arab Free Trade Area and fulfilling the requirements for establishing the Arab Customs Union, calling for the removal of all obstacles to achieving this strategic goal. link
TIDBIT FROM SANDY INGRAM
Sandy Ingram
The implications of [the Iran] negotiations extend beyond Iran and Israel...
A successful deal could lead to regional stability potentially boosting Iraq's economy and security...
Iraq's government must...foster positive relations with both the US and Iran. The value of the Iraqi dinar is also susceptible to the outcomes of these negations.  ;
A successful agreement...could stabilize oil markets benefiting oil dependent economies like Iraq. This stability might strengthen the IQD...
However renewed sanctions or military conflict could disrupt oil exports and regional trade exerting downward pressure on the IQD...The stakes remain high.
Ammar Al-Mashat: Iraq needs to create a more attractive investment environment.
Ammar Al-Mashat: Iraq needs to create a more attractive investment environment.
Economic expert Ammar Al-Mashat stressed the need to create a more attractive investment environment in Iraq.
Al-Mashat said the country requires a large-scale effort capable of absorbing global and international efforts, noting that, at the same time, specialized international companies are looking to work within Iraq.
He pointed out that the private sector has begun providing all the equipment required for work in all sectors, and this is credited to the efforts of the national private sector.
He pointed out that agents of international companies specializing in heavy equipment in Baghdad provide all the requirements of investment companies. link
TIDBIT FROM FRANK26
Frank26
Look at what Forex is doing with the Iraqi dinar. When you have a bank that tells you, 'Oh, we're never going to deal with the Iraqi dinar.'
Or whatever they say to you, just keep it in the back of your mind what bank said that to you.
Remember who lied to you because they didn't have to do that. All they needed to do was say no comment.
We have no idea. But no they decided to lie to us...We can choose which banks [we use]...
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