KUWAIT: Urgent Free Zone with Iraq

http://economy-news.net/content.php?id=15357



KUWAIT: Urgent Free Zone with Iraq


02/10/2019

Another brick in the wall. In my opinion no country would set up a free trade zone with another country that did not have a currency that would be internationally accepted. The Iraq Iran thing is a mess but Iran has decided to use the dinar as their currency in that deal and so far that seems to have been accepted by the powers that be. But this announcement is different it speaks of international exchange. GREAT FIND MOOSE

Jimplants wrote:Another brick in the wall. In my opinion no country would set up a free trade zone with another country that did not have a currency that would be internationally accepted. The Iraq Iran thing is a mess but Iran has decided to use the dinar as their currency in that deal and so far that seems to have been accepted by the powers that be. But this announcement is different it speaks of international exchange. GREAT FIND MOOSE

Whether positive or negative in this story, there is one thing that is sure for me, Iraq is coming back to the international for soon, even by the end of the month in my opinion, why I say this, firstly as you read, Iran will trade in Iraqi dinar, and in euro, the daydania signed to treat them with iraq, how many ambassador visited iraq to offer for reconstruction, the central bank, and deprive work hand in hand for some time, even the director of the central bank has been visited banks in Kurdistan lately to check that everything was correct, and all that support by the united states, and we remember a project as it begins at the beginning of the year to remove the 3 zeros, the budget goes into the official gazette tomorrow, customs begins everywhere on February 17 in the country. we will have a window on February 13 to 15 for exchange rates, so for my part I can not wait to see February 18 if we will have a change in rates, let's cross the doights!



Claud  (Moose)

I agree we are seeing this adventure FINALLY BECOME Prt of the international community. We will never really know why it has taken this long. But for certain it is happening

Jimplants wrote:I agree we are seeing this adventure FINALLY BECOME Prt of the international community. We will never really know why it has taken this long. But for certain it is happening

You're right Jim we come to the final, why it took a long time, let's just look at the banking side, redraw, and re-print the Iraqi money because of the fraud, work on financial inclusion, and that does not matter is not fair to iraq, but for all the middle east, remember when on our side, about 40 years ago when they put us our first aperture cards, even we panicked at that moment, now it's are they who live this situation now, in addition to forming human capital in the new directive of the country's banks, demonstrate to the people that the banks have changed well since 2014, the exit of the central bank of Chapter 7 in June 2018, the budget that has just been voted, and will be in the official journal tomorrow be 11 fetish to finish, since I could write a good end on it, the teller machines, to work it takes electricity for them to work, they have beautiful blow of the misery to provide on the electricity in the country, and quietly they open points of service, there is also clearance in the country to secure the investor, etc .....
But at least we reach our goal, that's the main thing for us! Good day everyone, hope to have a change soon for all of us !!!



Claud