Chase Bank’s is showing fixed exchange rates of $40 per IQD and $2.51 per VND #iqd #iraq

 

Parliamentary Legal Committee: No serious steps have been taken to pass the Oil and Gas Law yet.

 Parliamentary Legal Committee: No serious steps have been taken to pass the Oil and Gas Law yet.

Parliamentary Legal Committee member Dara Sekanyani confirmed on Wednesday that no serious steps have been taken to pass the oil and gas law. He noted that passing the law requires consensus and understanding between the parties, something that has not yet been achieved.

“All parties are talking about the importance of approving and passing the oil and gas law, which was included in the government’s work program and was scheduled to be passed, but no serious steps have been taken to pass it yet,” Sekanyani said in a press statement. He explained that “passing the oil and gas law concerns all of Iraq and requires understanding between all parties.

 It requires some kind of agreement and consensus, but so far this consensus and understanding has not been achieved between the political parties in Iraq and the region.”

He added, "If the oil and gas law is passed, the oil and gas issue between the Kurdistan Regional Government and the federal government will be resolved, and some of the issues between them will be resolved, provided that all parties commit to implementing the law after its passage."  link

TIDBIT FROM SANDY INGRAM

  Sandy Ingram  

This is breaking news reported by the New York Times..."U.S. to Reduce Diplomatic Presence in Iraq amid rising tensions." 

 This move comes as tensions in the Middle East are rising and talks between the US and Iran over nuclear weapons appears to be going nowhere . ..

We are deeply concerned about this latest announcement.  Iraq is caught in the middle.  Its government wants good relationships with both the United States and Iran but that's becoming harder as the two countries drift further apart...Stay positive, this too will pass.

CBI CONTACT: “if the citizens won’t bring the cash into the banks, we will do it for them” #iqd

 

Iran Proposes Joint AI Centre with Iraq on Gulf Island

 By John Lee.

Hussein Afshin, Assistant to the Iranian President for Scientific and Technical Affairs and the Knowledge Economy, has reportedly proposed establishing a joint Iran-Iraq artificial intelligence (AI) centre on one of Iran's islands.

Speaking during a meeting in Tehran with Ali Razzouqi, Deputy Head of the Office of the Iraqi Prime Minister, Afshin is quoted as called for moving beyond memoranda of understanding towards practical planning and implementation, suggesting that the historical ties between Iran and Iraq could support long-term scientific collaboration.

According to Iran's state-run Islamic Republic News Agency (IRNA), Razzouqi welcomed the proposal, referencing previous cooperation between Sharif University and the University of Baghdad. He underlined the importance of AI as a tool to address broader challenges, including water, energy, agriculture, and environmental issues.

Topics discussed for future collaboration included military technologies, cloud seeding, and responses to climate change and dust storms.

(Source: IRNA)

TIDBIT FROM MARKZ

  MarkZ 

 Article:  “Iraq has made great progress in its path to the World Trade Organization.”

 Iraq has completed the requirements for ascension as soon as they change the value. 

 So we have the Economic investment forum happening the same times as the 4th meeting with the WTO. 

Article:  “Preparation for the 4th meeting of the ascension to the world Trade organization”

  this is a negotiation meeting. Iraq has met all their obligations. They are also expected to have an international rate with no sanctions or restrictions on the dinar.  This is huge. 

A2Z: Iraq’s Trade Bank just passed JPMorgan Chase’s global systems test!! #iraqidinar #iqd