Friday, April 11, 2025
An official invitation from Iraq for Guterres to attend the Arab summit in Baghdad, 11 APRIL
An official invitation from Iraq for Guterres to attend the Arab summit in Baghdad
Iraq’s representative to the United Nations in New York, Abbas Kazem Obaid, confirmed on Wednesday that United Nations Secretary-General Antonio Guterres accepted Iraq’s official invitation to participate in the Arab summit in Baghdad.
The Ministry of Foreign Affairs said in a statement received by {Euphrates News} that “the representative of the Republic of Iraq to the United Nations in New York, Abbas Kazem Obaid, met with the Secretary-General of the United Nations, Antonio Guterres, at the headquarters of the organization. During the meeting, the representative of Iraq presented the official letter addressed by the President of the Republic, Abdul Latif Jamal Rashid, to the Secretary-General, which includes his invitation to attend and participate in the work of the next Arab summit to be held in the capital Baghdad on May 17, 2025.”
According to the statement, Obaid conveyed “Greetings to the President of the Republic, His Excellency Prime Minister Mohammed Shia Al-Sudani, and Deputy Prime Minister and Foreign Minister Fouad Hussein to the Secretary-General,” stressing their keenness to “attend him, because of the value his participation adds to the summit discussions.”
The statement added that “during the meeting, the most prominent issues on the agenda of the United Nations were also discussed in light of regional and international geopolitical variables, in addition to the priorities and concerns of the Group of 77 and China, currently chaired by Iraq, especially in the fields of financing for development, climate change and sustainable development.”
The representative of Iraq, according to the statement, stressed “the Group’s keenness to strengthen the partnership with the United Nations and its specialized agencies, to achieve common goals in accordance with the principle of collective responsibility.”
He added that “the meeting discussed the prospects for cooperation between Iraq and the United Nations in the post-termination of the United Nations Assistance Mission for Iraq (UNAMI), appreciating the efforts made by the mission during the past two decades,” pointing to “the measures and facilities provided by the concerned Iraqi government institutions to end the mission’s tasks responsibly by the end of this year.”
For his part, the Secretary-General of the United Nations expressed “his appreciation for inviting him to attend the Arab Summit in Baghdad, stressing his participation in its work,” pointing out that “the termination of the tasks of the UNAMI mission is an indicator of the great progress and successes achieved by Iraq in various fields.”
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Al-Sudani: Iraq is a virgin land for investment opportunities in all sectors, 11 APRIL
Al-Sudani: Iraq is a virgin land for investment opportunities in all sectors
Baghdad – Mil
Prime Minister Mohammed Shia Al-Sudani confirmed on Wednesday that Iraq is a virgin land for investment opportunities in all sectors, and this came during his reception of a large economic delegation from the American Chamber of Commerce.
A statement from Al-Sudani’s office said to “Mel” that the latter “reviewed the facilities and measures taken by the government to enter businessmen and companies into the Iraqi market, which now has many promising
opportunities, indicating that Iraq provides a wide and diverse market for various products, goods and services,” stressing that the Iraqi people have achieved much in the face of terrorism and laying the foundations of their development renaissance, pointing to the importance of bilateral relations with the United States and their perpetuation, especially that Iraq today is a distinguished democratic model in the region.
Al-Sudani explained: “Due to the 1980s war, the siege of the 1990s and the war on terrorism over the past two decades, development in Iraq has been delayed in all sectors,” considering that “Iraq is a virgin land for investment opportunities in all sectors, noting that today it enjoys political,
security, social and economic stability, and is witnessing an unprecedented development renaissance, has a skilled workforce, and we have promising competencies in various fields.”
He explained: “Our government has worked to improve the business environment, and we have made an effort to reform laws
to facilitate the registration of companies and work in Iraq. Iraq also has an investment law that gives many advantages to investors, and the government is working on a package of laws that encourage foreign investment.”
He continued, “Iraq’s trade balance does not suffer from deficit, but what is required to fix the imbalance in the structure of the economy and reduce dependence on oil,”
stressing that “our country is industrial and agricultural, and represents the shortest corridor between world trade to East and West that passes to Europe through Turkey,”
considering that “the development road project will be the shortest economic corridor linking Asia to Europe, and the least expensive in the transport of goods.”
Al-Sudani pointed out that “Iraq has minerals that have not been invested so far, and it is the first country with sulfur reserves, and the second in phosphate in the world, and produces 4 million barrels of oil per day, but the accompanying gas is burned, and at the same time we import gas to operate power plants,” adding: “Our government has developed a vision for projects, and the implementation of contracts with international companies has begun and the burning of gas will stop in early 2028.”
He said: “Iraq is one of the top ten countries in the world with natural gas stocks,” but he touched on the existence of entities “that “paint a negative picture of the situation in Iraq, which is unfair and inaccurate,”
citing “the entry of many investment companies to implement projects in the fields of energy, housing, industry and agriculture, and the value of investment licenses amounted to 88 billion dollars,” stressing that “we have granted sovereign guarantees to the private sector, in order to implement projects in various fields.”
https://miliq.news/political/44665–.html
MELANIA HINDS: LATEST NEWS ON THE IRAQI DINAR (8 minutes), 11 APRIL
MELANIA HINDS: LATEST NEWS ON THE IRAQI DINAR (8 minutes)
Highlights
Summary
In Melanie Hines’ recent update on developments in Iraq, she emphasizes significant geopolitical movements and economic reforms that indicate a potential new era for the Iraqi dinar.
The video highlights events such as the capture of a high-ranking ISIS leader, discussions between U.S. and Iraqi business representatives focusing on international trade, and the ongoing efforts in Iraq to launch a revamped monetary system in coordination with international powers.
Current dynamics suggest that major corporations are signing contracts, revealing growing confidence in Iraq’s economic landscape, while the integration of e-commerce is helping the citizens benefit from greater purchasing power. Furthermore, Hines notes the end of the UN Assistance Mission in Iraq, signifying that the country is preparing to stand independently on the international stage. As developments unfold, analysts predict that the long-anticipated increase in the dinar’s value is imminent, aligning with shifts in U.S. foreign policy and international business investments.
- 🇺🇸 Capture of High-Ranking ISIS Leader: Iraq has successfully apprehended a notable ISIS figure, showcasing military advancements.
- 💼 U.S.-Iraq Business Collaboration: A significant joint meeting between U.S. Chamber of Commerce and Iraqi counterparts, with 60 business leaders in attendance.
- 📈 New Trade Agreements: Iraq is securing contracts with major corporations, including General Electric and BP, signaling a boost in economic stability.
- 🛠️ E-Commerce Initiatives: Iraqi citizens are being educated about the new monetary systems, incentivizing debit card usage and promoting economic compliance.
- 💵 Currency Revaluation Talks: Analysts are anticipating a potential rise in the Iraqi dinar’s value amid international discussions and economic reforms.
- 🌍 End of UN Assistance Mission: The conclusion of the UN’s role in Iraq suggests that the nation is ready to govern and stabilize economically without external help.
- 🎉 Community Engagement: Melanie invites her audience to connect during live sessions, discussing the ongoing changes and their implications.
Key Insights
🔍 Geopolitical Shifts: The capture of a high-ranking ISIS leader represents not only a tactical military success but also positions Iraq favorably in the eyes of international partners. This shift could enhance Iraq’s stability and overall security, making it a more attractive location for investments.
📊 Economic Growth Through Trade: The deliberate collaboration between U.S. and Iraqi businessmen indicates an increasing trust in the Iraqi economy. This partnership could lead to significant foreign investments that may bolster various sectors, increasing job opportunities within Iraq.
💰 Importance of E-Commerce in Economic Reform: The push towards an e-commerce framework stands as a critical reflection of modern economic practices, effectively educating the public about new monetary practices. This increase in compliance and purchasing power indicates a shift in how Iraqis interact with their economy, potentially enhancing overall financial literacy.
🚀 Potential Currency Revaluation: The wait for the revaluation of the Iraqi dinar is reflective of broader economic strategies and pressures from international bodies, notably the U.S. The expectation surrounding the currency shift could serve as a catalyst for substantial market changes, affecting businesses and households alike.
🎓 Role of International Bodies: The termination of the UN Assistance Mission in Iraq, coupled with the education of citizens about their new economic systems, illustrates a transition towards self-sufficiency. The international community’s assistance transitioning to a more advisory role signifies confidence in Iraq’s capability to manage its progress.
🏛️ Political Dynamics at Play: The U.S.'s influence on Iraq’s currency policies underscores the complexities of foreign relations. The threats of tariffs combined with security support are tactics aiming to enhance the dollar’s standing, posing an interesting dynamic for how countries will respond to such pressures in their respective currencies.
💬 Community Interaction and Information Sharing: Hines’ transparency about her sources and her willingness to engage her audience fosters a sense of community around shared interests, providing viewers with a platform to exchange ideas and stay informed about the latest developments.
In conclusion, Melanie Hines’ insights reflect a interconnected tapestry of military strategy, economic reform, and community engagement within Iraq’s socio-political landscape. As developments progress, both Youtubers and viewers remain vigilant and engaged, keenly tuning into forthcoming opportunities possibly heralded by a new era for Iraq.