Monday, July 22, 2024
"WORLD MARKETS WHY WOULD YOU TRADE WITH IRAQ WITH A PROGRAM RATE?... OH MY BAD YOU'RE NOT." BY FRANK26, 22 JULY
KTFA
FRANK26: "WORLD MARKETS WHY WOULD YOU TRADE WITH IRAQ WITH A PROGRAM RATE?... OH MY BAD YOU'RE NOT."..........F26
ITC Provides Skills to Support Iraqi Trade
JULY 12, 2024
By John Lee.
The International Trade Centre (ITC) has organised a tailored training programme providing in-depth insights and practical tools for policymakers who are working to increase Iraq's trade.
The training focused on project management and value chain analysis.
According to a statement from ITC, participants learned to screen markets, analyze trade indicators, and prioritize products with the most trade potential while taking into account competitiveness issues.
They also gained skills to analyze the work of everyone along the value chain, looking for new market opportunities and for entry points to make trade more inclusive of women and youth.
In the project management component, the programme included sessions on activity and resource planning, and the development of robust project proposals. These sessions showed how to plan and execute projects successfully.
The training came through the EU-funded SAAVI initiative, which stands for Strengthening the Agriculture and Agri-Food Value Chain & Improving Trade Policy in Iraq.
Participants were selected from the Ministry of Planning, Ministry of Agriculture (MoA), and Ministry of Trade (MoT).
The programme featured both international and national experts from diverse fields, ensuring a sturdy mix of theory and practical application. A notable component of the training took place in Amman, Jordan, where participants engaged with regional agribusinesses to explore opportunities and potential solutions.
Participants benefitted from training sessions and field visits in collaboration with development consultancy Eco-Consult. This hands-on experience demonstrated advanced techniques and strategic thinking from neighbouring countries.
Lujain Mustafaa, Head of International Relations at the Ministry of Planning (MoP), said:
"The training touched on many topics related to the policy, strategies, and value chain.
"As we work with the MoP, this type of training allows us to witness the strategic thinking of other countries. The field visit demonstrated how next-door countries have advanced techniques, that we aspire to implement in Iraq. It highlighted how economic growth can be driven by the agriculture value chain."
Rasha Saleh, from the World Trade Organization (WTO) department at the MoT, added:
"This training was different and practical for the Ministry of Trade. The group work, where we brainstormed with representatives from various ministries, was particularly engaging. It was a valuable experience."
Participants were awarded ITC certificates at the concluding session held in May 2024 in Baghdad. Through this initiative, Iraqi officials acquired valuable knowledge and tools for effective policymaking, planning, and execution of agricultural and trade-related projects, ultimately contributing to the country's economic growth and sustainability.
Over three years, the SAAVI project has diligently worked on strategy design, building commercial value chain alliances, enhancing youth employment skills, and improving Iraq's trade policy to support the country's WTO accession process.
The International Trade Centre's SAAVI project is funded by the European Union and implemented under the leadership of the Government of Iraq in partnership with the Ministry of Planning, Ministry of Agriculture and Ministry of Trade.
Q & A - Question about RC Appointments. My reply follows BY GINGER, 22 JULY
💢💢Q & A - Question about RC Appointments. My reply follows.
💢Q: Ginger, if/when it does happen, do you think there will be leniency in scheduling an appt, or is it dictated to you, very short timeframe, and you can't miss that appt?? Just curious!..and thank you for your thoughts!! ❤️
💢A: For those taking the regular notifications route --- You may choose your appointment time. No leniency if you miss. It's not like they can just squeeze you in later that day because they will eventually have tight appointments booked all day and well into the night.
Some RC may be even running 24 hrs in certain areas (such as Texas where they have the highest number of Zim Bond holders in that State than anywhere else in the world. Florida has the 2nd most Zim holders.) Most areas may have extended hours of operation beyond normal banking hours, while not operations through the night.
If you set an appointment:
If you're really late or miss your appointment, you'll be placed at the back of the line and given a chance to reschedule after the people who didn't miss their appointment get to be seen, which might be two weeks later, possibly.
At one time I understood that there would be about 30 days for processing these transactions. This week someone said that the timeframe given for these transactions would be about 15 days. TBH, I'm not sure I believe it due to the fact that I've been told people who are traveling, such as for business, leisure, family emergencies, etc, may not be able to come in at a brief window of merely a two week period. So, what are they gonna say? "Forget you - You missed it. Too bad for you!" 🤔??? No!!! I don't believe that would happen. I don't believe that one bit.
I'm sticking to what I've learned in the past -- You will likely have up to ten days to MAKE (book/schedule) your appointment and you must be seen within 30 days OF making that appointment. This is what makes sense to me. There's some flexibility here in this scenario for people who are traveling, those who are in a health rehab facility and need a little bit more time to regain their strength so that they can attend the redemption appointment -- because NO, someone cannot have another person attend their appointment on their behalf. It will not work that way. (As I've said many times before, if you're in a group that is awaiting private contact, you are welcome to disregard this post because it wouldn't apply to you, per se.)
Also, while I'm at it, let me add this --- when you call the number and/or respond to the Safe Link website and you get to speak to someone, if there are special extenuating circumstances for you, let them know.
Are you Handicapped? Need assistance? They will provide it.
No vehicle and no transportation to get there? They will possibly send you money for hiring a driver.
Bedridden? Unwell and unable to leave your home? They may even send someone to your home. Just ask.
~ Disclaimer: I'm not a financial advisor. I'm not responsible for the financial decisions others make. Everyone is encouraged to do their own research and make decisions based on what feels best for you.
"THE GAP IS BETWEEN 1320 & THE FLOAT THAT IS COMING." BY FRANK26, 22 JULY
KTFA
FRANK26: "THE GAP IS BETWEEN 1320 & THE FLOAT THAT IS COMING."........F26
Economist draws a map to reduce the gap between the official and parallel dollar rates
7/13/2024
Mustafa Akram told {Euphrates News} agency that "the dollar exchange rate from the Central Bank is 1320 dinars, and if it reaches 1350 dinars, we can say that it is in a state of relative stability, but more than these rates are considered a risk in the exchange rate or a gap."
He explained that "this issue requires the Central Bank to dismantle the contents of the parallel market and not fight it for security reasons, by identifying platforms for imports, and identifying types of electronic payment cards for travelers to countries where the sale of dollars is prohibited, as these cards work in the currencies of those countries."
Akram pointed out "the identification of public agency companies that give dollars to retail traders and imports are done through them, and stability and credibility are the basis for work in dismantling the parallel market. This gives greater confidence to the international community and avoids accusations."
He
called on "the Central Bank to gather the scattered papers and for foreign trade to be less than the current one by supporting industry and agriculture and reducing equations. This is the direction that should be."
Raghad
Coffee with MarkZ. 07/22/2024
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