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Post by roxy22222222 on Sat Nov 18, 2017 9:00 pm

Article:  "The National Committee for Iraq's accession to the WTO organization conducts consultative meetings in Geneva on accession"  The good news is it pushes currency reform forward. [...does the WTO allow members who have dual currency practice...?]    I think your referring to multiple currency practice which is not what you think it is (that refers to the spread of more than 2%.... Iraq is working on reducing the MCP, and  Iraq will always have both dinar and dollars.  Two different things.  They would have to move to Article VIII and reduce the difference between the dinar and dollar for accession into the WTO...but they are years away from that since they have nothing to export.
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Kaperoni "They are Years Away From That"  11/1817 Empty Re: Kaperoni "They are Years Away From That" 11/1817

Post by Kevind53 on Sat Nov 18, 2017 9:39 pm

They have to do no such thing. You ar ea know nothing idiot trying to twist events to fit your scenario. They can enter the WTO with their currency at any value.There was an informal meeting of the Iraqi Accession committee yesterday. There are several possible outcomes. A) They could recommend accession before the biennial meeting. B) They could recommend it during the meeting. C) They could do nothing.

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Post by Jayzze on Sat Nov 18, 2017 9:50 pm

kevin is correct except  I most not be a programed rate but any value
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Post by Kevind53 on Sun Nov 19, 2017 12:35 am

The rate can be any rate. The requirement in Article 8 is only that they exchange fairly and do not give preferential treatment to any other nation.

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Post by RamblerNash on Sun Nov 19, 2017 12:46 am

KaperPhony wrote:...but they are years away from that since they have nothing to export.

Did Iraq suddenly run out of oil?



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Post by Terbo56 on Sun Nov 19, 2017 9:57 am

Pekaroni, stick with pizza, you'll be better off-MAYBE!
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Post by RamblerNash on Sun Nov 19, 2017 12:45 pm

KaperPhony wrote:I think your referring to multiple currency practice which is not what you think it is (that refers to the spread of more than 2%.... Iraq is working on reducing the MCP, and  Iraq will always have both dinar and dollars.  Two different things.  They would have to move to Article VIII and reduce the difference between the dinar and dollar for accession into the WTO

If they need to be within 2%, then the CBI would be changing the rate to 1,229 IQD to $1 USD.


Not what Dinar Investors want to hear...

http://www.dinardaily.net/t68434-dollar-exchange-rates-against-the-iraqi-dinar-19-11-2017
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Post by Allenj on Sun Nov 19, 2017 1:00 pm

ohhh Nash what about the all the mining they have in Iraq such as Gold Natual Gas ect...

ohhh terbo i will agree this guy has always been a Idiot he also a know it all, well they are always use the bible ok here a word for you Keproni"proceed them self to be wise but they are FOOLS"

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Rom 1:22 Professing themselves to be wise, they became fools

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Post by RamblerNash on Sun Nov 19, 2017 2:06 pm

@Allenj wrote:ohhh Nash what about the all the mining they have in Iraq such as Gold Natual Gas ect...

Iraq is currently an importer of natural gas.


http://www.dinardaily.net/t68436-iraq-imports-1-2-billion-cubic-meters-of-iranian-gas-in-5-months


Is this war torn country currently mining gold?
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Post by Allenj on Sun Nov 19, 2017 4:26 pm

@RamblerNash wrote:
@Allenj wrote:ohhh Nash what about the all the mining they have in Iraq such as Gold Natual Gas ect...

Iraq is currently an importer of natural gas.


http://www.dinardaily.net/t68436-iraq-imports-1-2-billion-cubic-meters-of-iranian-gas-in-5-months


Is this war torn country currently mining gold?
don't know that was just a example to show he is just lying

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Post by Kevind53 on Sun Nov 19, 2017 4:58 pm

@Allenj wrote:ohhh Nash what about the all the mining they have in Iraq such as Gold Natual Gas ect...

ohhh terbo i will agree this guy has always been a Idiot he also a know it all, well they are always use the bible ok here a word for you Keproni"proceed them self to be wise but they are FOOLS"

KJV
Rom 1:22 Professing themselves to be wise, they became fools

:okjh: Kaperoni "They are Years Away From That"  11/1817 1150991001


Unfortunately, while Iraq does have some mineral deposits, other than Oil they are not particularly rich in anything. Oh they have some copper in commercial quantities, and probably some molybdenum, gold, silver. and/or platinum group of metals as they are commonly found together., but not a heck of a lot, sertainly not in the quantities the pooroos have talked about. They have plenty of phosphorus, and high grade silicone and a few other minerals, but nothing that will make them rich.

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Post by Sam I Am on Sun Nov 19, 2017 6:18 pm

Even if they find the mother lode of gold, silver, platinum .... etc. it's won't mean squat diddly for the dinar's value.

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Post by Terbo56 on Sun Nov 19, 2017 8:32 pm

Sam, you are spot on-What they supposedly do have does not amount to a hill of beans, OR, a burnt boot- Kaperoni "They are Years Away From That"  11/1817 2834342768
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