Iraq's infrastructure development might threaten Iran's share in the Iraqi market, report says, 6 SEPT
Shafaq News/ Iraq acquired 20% of Iran's exports in the past year, an Iranian officer said Wednesday, warning that his country might be edged out of the Iraqi market by the ongoing efforts to develop its infrastructure.
Speaking to Iran's Dunya Eqtisad, Yahya Al-Eshaq, head of the joint Iran-Iraq Chamber of Commerce, said, "Iran's exports to Iraq last year amounted to $10 billion, roughly equivalent to about 20% of Iran's global exports. In the first five months of 2023 alone, Iran's exports stood at approximately $3.5 billion, marking an 18.5% growth compared to the same period in the previous year."
The economic-centric Iranian agency's report emphasized the strategic importance of Iraq in Iran's trade map, contrasting it with China, to which Iran primarily exports raw materials. "Most of Iran's exports to Iraq consist of finished goods," the agency pointed out.
"Structural changes in the Iraqi economy and the nation's focus on infrastructural development have led experts to warn about the potential risk of Iran being marginalized in the Iraqi market, thereby undermining the competitiveness of Iranian goods."
Based on recent investigations, the report indicated that "out of a total of 351 principal products exported by Iran to Iraq, if competitors enter this market, only 35 Iranian products would maintain a competitive edge."
Earlier, the Tehran Chamber of Commerce announced that its exports to Iraq exceeded $10 billion last year, predicting that Iraq will remain a significant market for Iran over the next 15 years.
I can certainly tell you the CBI knows nothing about any recent plan to RV or conduct the project to delete the zeros.
Also remember that Obama’s plan for the redevelopment of Iraq, in part is very unfair to the Iraqi people, as they suffer with inflation due the dollar crisis and low Iraqi dinar rate.
The Obama plan is a subjective one meaning who sets the criteria and what are the target dates?
Obama is not out of office and so who is still following his outdated plan for Iraq?
Why did Dr Shabibi want to reinstate the dinar way back on 2012-2013 and was abruptly stopped due to Nori al-Maliki’s corruption at the CBI?
Iraq hadn’t developed their economy yet.
You see, Dr Shabibi understood the importance of getting the currency reform completed as early as possible as we are now witnessing the hazards of waiting this long.
How could he do it then and the CBI not now?
You get my point?
So, anything is possible.
Yes, the impossible could happen, but I doubt it until the corruption in the U.S. is cleaned up.
What do our prophets say about this too.
So, all we can do now is watch for the economy to grow and the reconstruction to take place.
The funding of the budget now is also key as I told you I believe that when they start dispensing the actual money, they will want the value of the dinar at the right value.
We can also follow the prophetic word to see what God is doing to America and this gives us hope.
We must persevere in our daily prayers and continue to fight.
WE must pray for the Iraqi people.
Some intel gurus want you to believe the “official” dinar rate is now set at 1130 and the CBI has not yet changed their site.
This is not true, however I believe this is their next target rate and maybe the last rate change prior to moving ahead once again aggressively with the plan for the reinstatement.
Seems this dollar issue has stalled their plan for now but they will overcome it as they always do but it takes time.
So, what is new in Iraqi news?
The news today is all about rebuilding Iraq and exploiting the areas of concern that have potential and could bring in huge amounts of revenue to the country.
Such areas are the Customs and Tariffs and the Tourism industries.
Prime Minister Muhammad Shia Al-Sudani sponsored, on Sunday, the signing of a pioneering agreement with the International Finance Corporation / IFC, to develop and rehabilitate Baghdad International Airport, where the Director General of the Civil Aviation Authority signed on the Iraqi side.
They will need these airports to bring in the tourists.
I already showed you some of the significant tourist attractions and museums.
The researcher in economic affairs, Hashem Al-Baydani, confirmed, on Friday, that the unemployment rate will be significantly reduced in the event of proper planning for development path projects, pointing out that the revenues of this path can reduce dependence on oil as a source of financing the budget.
We have entered a very critical period during the month of September and it will continue until December and into the new year.
Did you see all the exposure and whistleblowers that came forward during these months, the prophesied three-month period of exposure (June- August) that so many of the prophets talked about?
Exactly what they said would happen did happen.
We witnessed amazing exposure of corruption and lies at the highest levels of government and three letter agencies.
This also will continue but now we enter the fall period.
AL-FATH: THE MAGIC TURNED AGAINST AMERICA AFTER THE FAILURE OF THE SDF ON THE IRAQI BORDER
Information / Baghdad.
The leader of the Fatah Alliance, Raad al-Tamimi, confirmed on Monday America’s failure in the Deir Ezzor conspiracy by involving the Syrian Democratic Forces (SDF) in losing battles.
Al-Tamimi said in an interview with Al-Maalouma that “the fierce clashes between the SDF and the tribes in Deir Ezzor, Syria, were ignited by America in an attempt to push its ally SDF to advance and impose its control over more lands and cities, but it failed and the magic turned on the magician.”
He added, “America is in a dilemma in the Deir Ezzor file, and it is afraid to intervene directly because it will be in front of a great popular revolution with rejection and anger at its actions in the region as it supports extremist organizations that have committed many massacres against innocent people.”
He pointed out that (Yes under Biden) “America will leave Syria just as it left Afghanistan broken, and the recent events confirm that there are fires that will be ignited by Washington’s military presence, especially since the latter has failed in all files inside Syria.”
The American forces are making suspicious movements inside Iraqi territory, which have caused panic in Iraqi society.
For fear of conducting military operations or carrying out hidden plots, which requires a government clarification that resolves the controversy of this issue.
(We will come to grips with the FACT that America is the problem in the middle east not the solution.
Yes, Iran must be dealt with but this manipulation of countries and entire societies by America has to stop.
We see the impact on Iraq and we have to stop and think how they are interfering with the democracy and sovereignty of Iraq.)
FIREFLY: They're telling us the official rate technically is 1132. They say in news about budget has words in it saying the exchange rate will be adjusted
. FRANK: The CBI told you this?
FIREFLY: Yes...And it will be retro to January 1st...
FRANK: This is Earth shattering. Powerful...If they lift the three zeros can you live with $1.13?
EYES: My Banker...says let me send you some emails..
.This Vietnam contract is real and a change is coming. He tells me once that change occurs within 24/hours the Vietnamese dong will also change to be economically fair to both Iraq and Vietnam. He says Vietnam has a lot of Iraqi dinars in reserves and Iraq has a lot of dongs in their reserves.
They will not take advantage of each other...When a financial change occurs it will effect both the VND and IQD. This is a unilateral financial agreement...
Minister Of Transport: The Government Is Looking Forward To Creating Economic Integration With The Countries Of The Region
Money and business Economy News _ Baghdad Minister of Transport, Razak Muhibis Al-Saadawi, confirmed today, Tuesday, that the government is looking forward to finding economic integration with the countries of the region, noting that it is about to complete an important stage of the completion of the great port of Faw.
A statement by the ministry’s media office, received by “Al-Iqtisad News”, stated that “the Minister of Transport, Razzaq Muhibis Al-Saadawi, met with the CEO of the Saudi Ports Authority, Omar bin Talal Hariri, on the sidelines of the meetings of the Maritime Industry Sustainability Conference held in Jeddah.”
The statement added, “The meeting, which was attended by the Iraqi Ambassador to Saudi Arabia Safia Al-Suhail, the Undersecretary of the Ministry of Transport for Technical Affairs, Eng. Talib Baish, and the Director General of the Planning and Follow-up Department, Mr. Abbas Omran, reviewed the work of the ports between the two countries, where it was emphasized the need to exchange experiences in the field of automation and management and discussion Regarding the work of the Transport, Border Crossings and Ports Committee in the Iraqi-Saudi Coordination Council.
The Minister of Transport confirmed, “The Iraqi government is looking forward to finding economic integration with the countries of the region,” noting that “we are about to complete an important stage of the completion of the great port of Faw, which constitutes an important lung for the strategic development road project.”
He added, “The Iraqi government is keen to strengthen relations and joint work between the two countries,” noting that “the geographical location of both countries guarantees us the success of any joint investment projects.”
In turn, Omar bin Talal Hariri, CEO of the Saudi Ports Authority, said, “Ports play an important role in the growth of the economy and the achievement of strategic goals.” Bin Talal reviewed “the work and services of the Kingdom’s ports, and the authority’s regulatory and supervisory role in it,” expressing his readiness to “support and exchange experiences with Iraq”.
Judy Note:A test on this criminal Federal Reserve Emergency Management Agency’s new Emergency Action System (EAS) was scheduled forWed. 4 Oct. 2023.
Meanwhile the White Hats planned, through the new Star Link Satellite System, to turn on their own Emergency Transmission System and activate the Global gold/asset-backed Currency Reset, including implementing NESARA/GESARA.
Global Currency Reset:
Tues. 5 Sept. Bruce: A high ranking banking contact said that timing for Bond Holders was extended to Wed. 6 Sept. at 6pm. Tier 4b (us, the Internet Group) should get notified overnight tonight Tues. 5 Sept. or tomorrow around 8 am EST Wed. 6 Sept. Another contact said emails
should go out early morning Wed. 6 Sept. Appointments could possibly be made as early as Wed. 6 Sept. afternoon.
Tues. 5 Sept. MarkZ: “Rumors from groups was that funds start tomorrow (Wed. 6 Sept.) and would heavily roll out this week. I agree with Texas Snake in that rumor was that the upper level of the banking world was saying in the next 24-48 hours (from Sun. 3 Sept.).”
Judy Note: A clock reappearing on Telegram on Tues. 5 Sept. indicated that the End of the Deep State was scheduled for Wed. 6 Sept. 5:35 pm EST.
Mon. 4 Sept. TNT RayRen98: “Meetings took place over the weekend. Agreements were met. New docs needed signatures. It’s all a wrap now.”
After signing the NDA you cannot use the words RV, QFS, GCR, rates, exchange, redemption, currency, exchange rates, Zim, Dinar, Dong, etc, or any other terms related to this exchange-redemption event because your communication and posts will be monitored by NSA and other agencies.
Heads of 7200 redemption centers had a zoom call yesterday Mon. 4 Sept. from noon to 4 pm EST, and work went beyond that another 4 hours. The information from that call indicated that it could go at any time.
A high ranking banking contact said that timing for Bond Holders was extended to Wed. 6 Sept. at 6pm
Tier 4b (us, the Internet Group) should get notified overnight tonight Tues. 5 Sept.or tomorrow around 8 am EST Wed. 6 Sept.
Another contact said emails should go out early morning Wed. 6 Sept.
Final agreements were signed off on 2pm EST Tues. 5 Sept.
All US national debt was paid off over Labor Day weekend 1 Sept.
Appointments could be made as early as Wed. 6 Sept. afternoon.
