Trade: Expanding The Horizons Of Economic And Trade Cooperation Between Iraq And The United States Of America

 Trade: Expanding The Horizons Of Economic And Trade Cooperation Between Iraq And The United States Of America.

 
Sunday, July 27, 2025 | Economic     Number of readings: 410  Baghdad / NINA / Minister of Trade Athir Dawood Al-Ghariri discussed, on Sunday, with the US Chargé d'Affaires in Baghdad, Ambassador Stephen Fagin, ways to expand the horizons of economic and trade cooperation  between Iraq and the United States of America.
 
The Minister affirmed the Iraqi government's commitment to strengthening international economic partnerships, noting that the United States is a strategic partner in Iraq's ongoing efforts to develop the business environment and stimulate foreign investment.
 
Al-Ghariri highlighted the efforts made by the Ministry,  in cooperation with relevant authorities,
to hold the third round of negotiations for Iraq's accession to the World Trade Organization,  after a hiatus of more than 16 years.
 
He noted the  submission of goods and services files, a review of key economic and legislative reforms, including the  adoption of the Intellectual Property Law, and the  launch of the "Electronic Trader" platform as a step towards digital transformation.
 
Al-Ghariri explained that the  Ministry of Commerce is working to simplify the entry and operation procedures for 

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American companies in Iraq,  pointing to the achievement of self-sufficiency in wheat production over the past two years, and the continuation of work on memoranda of understanding with the American side to meet the country's needs in a number of vital sectors.

The Minister  called on American companies to organize a "Made in America" exhibition in  Iraq and  proposed holding a joint forum between the Iraqi and American private sectors  to showcase investment opportunities and available projects.
 
He emphasized the importance of American companies' participation in the  Baghdad International Fair.
 
For his part, Ambassador Fagin expressed his country's desire to expand bilateral cooperation,
praising the  ongoing economic reforms in Iraq and the  Ministry of Commerce's role in supporting the work of American companies and  providing an environment conducive to investment.
 
At the end of the meeting, the two sides agreed to enhance bilateral coordination and joint work  to expand the base of trade exchange, in a way that contributes to serving the common interests between the two friendly countries. /End 3     https://ninanews.com/Website/News/Details?key=1243139

DINAR REVALUATION : 🚨 “Massive Financial Reset Incoming: How Iraq and XRP Are Revolutionizing the Global Economy!” 🌍💥

 🌐 Global Financial Reset & XRP Ecosystem – Highlights

🔹 Monetary and Geopolitical Themes

• 🌍 Iraq plays a symbolic role in the global monetary reset, reconnecting ancient trade and spiritual routes.

• 🕊️ Seen as a cultural and economic bridge in a broader financial transformation narrative.

🔹 XRP's Role in Financial Revolution

• 💰 XRP is enabling high-yield finance for small investors — traditionally only available to banks.

• 🔐 Platforms like More Markets offer up to 20% returns through smart contracts while users retain full asset control.

• 🏦 XRP is positioned to replace the outdated SWIFT system, making payments faster, cheaper, and more transparent.

🔹 Major Events & Timelines

• 📅 August 1, 2025: Launch of institutional asset tokenization using the BXC token on the XRP blockchain.

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• 📈 BXC, currently low in value, may surge as institutional demand rises.

• 🔄 Chris Larsen (Ripple co-founder) made a large XRP transfer in July 2025, signaling strategic preparationfor upcoming changes.

• ⚖️ Critical court ruling expected between July 26 – August 26, 2025, to determine XRP’s legal classification in the U.S.

🔹 Key Insights

• 💡 Iraq's symbolic role reflects a broader spiritual and geopolitical shift, not just an economic reset.

• 📊 Financial democratization: XRP empowers individuals with tools like yield accounts and asset control.

• 🧠 Fusion of DeFi and institutional finance: Blockchain tech is maturing to meet large-scale financial and regulatory needs.

• 🚨 Disruption of SWIFT: XRP could challenge legacy systems with blockchain-based efficiency.

• 🔗 Tokenization trend: Real-world assets are moving onto blockchain, boosting liquidity and global accessibility.

• 🕵️‍♂️ Insider movements indicate XRP’s strategic momentum before a possible major market shift.

• ⚖️ Regulatory clarity could unleash massive adoption and solidify XRP’s role in global finance.

🧩 Conclusion

A quiet financial revolution is unfolding. With Iraq as a symbolic anchor and XRP as the technological engine, the world may be entering a new era of digital finance, decentralization, and financial sovereignty. The convergence of geopolitics, blockchain innovation, and regulatory milestones points to a transformative shift in global economic power.

🔥 Firefly Intel: 💼 Big Deal Incoming to End Iraq’s Oil & Salary Disputes! 💰🇮🇶 #IQD #Iraq @DinarRevaluation

 

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Iraq Replaces The Dollar With Gold: A Yellow Shield Against Economic Storms

 Iraq Replaces The Dollar With Gold: A Yellow Shield Against Economic Storms. 

Today's Economy , | 1035  Baghdad Today – Baghdad  Economic expert Nasser Al-Kanani revealed on Monday (July 28, 2025) that  Iraq's position as the Arab country with the largest gold purchases represents  a strategic shift in  the Central Bank's approach to enhancing the country's financial stability. Al-Kanani told Baghdad Today,  

"Iraq's purchase of more than 20 tons of gold in a single year, and its rise to seventh place globally in this field, reflects  a calculated move by the Central Bank  to protect the national economy from fluctuations in foreign currency prices,  especially the dollar." 

He pointed out that "gold is considered one of the safest reserve instruments, as it is not affected

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 by fluctuations in the monetary market,  unlike paper currencies.
 
This gives Iraq a strategic advantage in confronting sudden crises and  enhances confidence in its financial policies, both domestically and internationally." Al-Kanani explained that
 
"this trend will positively impact the value of the Iraqi dinar in the medium term .
 
It will also contribute to the stability of the local market and  reduce reliance on the dollar, giving the Central Bank greater flexibility in  managing monetary policy and achieving economic stability in light of current regional and global challenges."      https://baghdadtoday.news/279606-.html   

FRANK26: 🧠 Mr. Sammy’s Secret Intel: 🔁 Big Financial Shift Brewing in Iraq! 💸

 FRANK26 INTEL  HIGHLIGHTS

🇮🇶 Iraq Economic Reform & Personal Reflections – Highlights

🔹 Monetary & Economic Updates

• 💰 New Currency Exchange Rate Coming: Iraq’s Central Bank aims to introduce a new rate once the parallel market narrows to a 2% difference from the official rate.

• 🔒 Nationwide Banking Lockout Planned: A full system shutdown is expected for maintenance, signaling a major financial reset.

• 🛢️ Oil Smuggling Impacts Economy: Kurdish oil is reportedly being smuggled into Iran, complicating Iraq’s reform and revenues.

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  💧 Water Seen as the New Oil: Water scarcity is becoming a key issue, potentially more critical than oil in shaping Iraq’s future economy.

🔹 Political & Geopolitical Context

• ⚠️ Tensions Involving Iran, Kurdish Groups & Militias: Internal and regional political struggles affect reform efforts and public trust.

• 🧠  Insider Intel from Mr. Sammy: Reports from sources close to Iraq’s Central Bank and political leadership suggest that big moves are in motion.

🔹 Narrative & Media

• 📺 Misinformation Criticized: Mainstream media is accused of distorting the truth about Iraq’s economic progress and the weakening US dollar.

🔥 FRANK26 Bombshell: 💥 Hidden Intel Reveals Iraq’s Financial Reset Is Closer Than You Think! 🏦🇮🇶

 

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The Dollar Exchange Rate In Baghdad And Erbil Remains Stable

 The Dollar Exchange Rate In Baghdad And Erbil Remains Stable.

Stock Exchange  The dollar exchange rate stabilized against the Iraqi dinar on Monday afternoon in the markets of Baghdad and Erbil, coinciding with the closing of the stock exchange.

The dollar exchange rate stabilized at the close of trading on the Al-Kifah and Al-Harithiya stock exchanges, recording 139,200 dinars per $100, the same rate as this morning.

As for the selling prices at exchange offices in Baghdad's local markets, they remained stable, with the selling price reaching 140,250 dinars for $100, while the buying price reached 138,250 dinars for $100.

In Erbil, the dollar also remained stable, with the selling price reaching 138,975 dinars per $100 and the buying price reaching 138,950 dinars per $100. https://economy-news.net/content.php?id=58015

An Economic Expert Told NINA: Terminating The Iraq-Turkey Oil Pipeline Contract Poses Major Economic Challenges To Iraq.

Monday, July 28, 2025, 15:40 | Economic Number of reads: 242  Baghdad / NINA / Economic expert Raad Twaij considered the termination of the Iraq-Turkey oil pipeline contract a negative step for the Iraqi side, stressing the need for Iraq to be prepared to develop alternative routes to Turkey, at a lower cost.

Twaij said in a statement to the National Iraqi News Agency ( NINA ): "The suspension of the pipeline transporting Iraqi oil through Turkish territory next year may coincide with new developments or new obligations that may be presented in any new agreement."

He explained that the Turkish strategic perspective is based on the fact that Turkey is a profitable country,

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and that the comparative advantage in exporting oil is for both Iraq and Turkey. 

Therefore, Turkey is trying to obtain the maximum benefit from this pipeline by imposing higher tariffs for the arrival of oil to the Turkish port of Ceyhan, thus turning a historical page on this pipeline, which was marred by some obstacles in Kirkuk's production or the use of the pipeline by other parties, which Turkey considers an "unfavorable tariff."

The economic expert stressed that the Iraqi negotiator must prepare early for this issue and attempt to obtain a favorable transportation cost from the other side, which proposed increasing the fee per barrel to $2.50. 

He also stressed the need to work on transporting as much as possible through the pipeline to reduce the cost of transporting each barrel, and to use an accompanying pipeline to transport gas from northern Iraq and export it to Europe via Turkey. 

He also emphasized the need to take advantage of the new Turkish proposal to benefit from Turkish investment and propose a partnership in the field of petrochemicals and hydrocarbon production, linking it to the development path within the framework of a comprehensive agreement.

Ankara announced last week the termination of the oil pipeline agreements with Iraq, effective July 2026.

The decision, issued by presidential decree and published in the Turkish Official Gazette, could mark the beginning of a new phase in the Kirkuk-Ceyhan pipeline, which for years has served as a vital artery for Iraqi oil exports to the Mediterranean.

This announcement raises major questions about its political and economic repercussions and poses serious challenges to Iraq in its search for strategic alternatives.

The Kirkuk-Ceyhan pipeline is one of Iraq's main oil export routes, transporting crude oil from oil fields in northern Iraq, particularly in the Kurdistan Region and Kirkuk, to the Turkish port of Ceyhan on the Mediterranean.

The original agreement between Iraq and Turkey was signed on August 27, 1973, and the pipeline became operational in 1977. Its goal was to enable Iraq to export its oil to global markets via the Mediterranean, bypassing the Strait of Hormuz. https://ninanews.com/Website/News/Details?key=1243380