"Pretty Loud" - Sat. AM KTFA Thoughts/News 2/2/19

by **RamblerNash** Sun Feb 03, 2019 10:22 pm

KTFA

Saddlebred » February 2nd, 2019

That's pretty LOUD. $1,000,000,000 Loan and cancellation of Paris Club debts. Add that to the deal Jordan is supposed to sign in a few hours and another big US company's contract in Iraq, that BOOM should be SONIC - International go, go, go. IMO

Samson » February 2nd, 2019

France offers a large loan to Iraq

2nd February, 2019

French Foreign Minister Jean-Yves LODRIAN announced that his country had agreed to grant a one-billion-dollar loan to Iraq for the reconstruction of the war-affected areas against the terrorist.

Ludran's comments came after negotiations in Baghdad with his Iraqi counterpart Mohammed al-Hakim.

During his visit to Baghdad, Loudrian held two meetings with Prime Minister Adel Abdel Mahdi and Speaker of the House of Representatives Mohamed Halboussi.

For his part, Prime Minister Adel Abdul-Mahdi thanked France for the cancellation of the debts owed by Iraq through the Paris Club, praising the importance of relations with Paris for Baghdad, and expressed the desire of the federal government to expand cooperation with France.

For his part, Laudrian expressed Paris's full support for Iraq and its government, stressing that France stands by his side in the reconstruction after supporting him in defeating Dahesh.

The French Foreign Minister pointed out that the upcoming visit of French President Emmanuel Macaron to Baghdad will be a confirmation of the support and development of friendly relations and cooperation between the two countries. LINK

DELTA » February 2nd, 2019

ASSOCIATION OF EXCHANGE COMPANIES IN IRAQ ASPIRATIONS AND CHALLENGES

Hadi Glow Meri

Iraqis are looking for a more flexible economy based on openness to the world's economies, refusing to mortgage money, trade and investment in a country or a particular system.\

With the increasing confidence of international banks in the Central Bank of Iraq and the lifting of restrictions and barriers created as a result of conflict conditions.

In particular, and with it taking the work of banking companies expand and mature, established the Association of Exchange Companies, headed by businessman and businessman Nasir al-Musawi, which we discussed with him through the dialogue of the reasons for establishment, working conditions, and the future ambition.

- Mr. Al-Moussawi: Do we have a brief brief about the motives of the establishment and the objectives envisaged?

The goal is to unite and unite all exchange companies under one tent, and represent them to government agencies to solve problems and enhance cooperation to serve economic stability.

- How many companies are members of the association, and the number of shareholders?
Is the first official entity to exist for money exchange and transfer companies and the money in Iraq, including membership of all the exchange companies from the north of Iraq to the south, runs this organization specialists in the Iraqi Stock Exchange and those with experience and certificates.

After completing the fundamental approvals from the General Secretariat of the Council of Ministers and the relevant departments.

The number of companies that have been granted official work permits in all governorates of Iraq is 2000 companies except for the Kurdistan Region which contains a large number. The Central Bank also takes legal measures for the purpose of subjecting them to the same laws as other companies. Accountant and other employees according to the nature of the company's work). According to the law of NGOs, which allows the organization to deal with the relevant government departments.

The Association of Exchange Companies has sought to overcome all the difficulties facing the security, administrative and technical exchange companies with various departments Mieh to ensure the smooth flow of work of these companies and remove all obstacles and resolve all the dilemmas note that the sector, which oversees the work of exchange companies are the Central Bank of Iraq.

- Can you describe the role of exchange companies in the local economy and do you have external transactions?

Civil society organizations have played a big role in representing the segments of society and defending their rights. We hope to transfer this culture to our dear country and benefit from the role of NGOs in the private sector to make it the strong arm to support government work and integration in the public interest of the country.

Requires the support of a large state in Iraq for the purpose of helping these organizations to play an effective role to serve the segment represented by the government sector as well as the need to cooperate and work together to achieve the desired goals, lead exchange companies in Iraq a very important role where to Devoid of any city there is a company that has direct contact with the public exchange company, it holds the performance of services the customer needs it, such as selling foreign currencies and internal conversion to all provinces and issuing cards to pay employees' salaries and will expand its role in the future for the implementation of foreign remittances.

- With whom financial institutions deal directly and what is your indirect dealings with others?

Through contracting with international companies such as (Western Union, MoneyGram) and to do the work of a mini bank by providing all the services allowed by the law to provide to customers and finally hopes this large and important segment, which is estimated in the thousands of more care and attention by the State because it has the largest role In the daily movement of the mass of cash and activating the private sector and the operation of labor in addition to the large services provided to traders and importers.

https://www.sotaliraq.com/

Samson » February 2nd, 2019

Local official: Abdul Mahdi is visiting Anbar today to reopen Trebil

2nd February, 2019

The head of the province of al-Ruba province of Anbar, Emad al-Dulaimi, on Saturday revealed Prime Minister Adel Abdul-Mahdi later today to attend the opening ceremony of the port of Tarbil border with Jordan west of the province.

"Anbar governor Ali Farhan al-Dulaimi and a number of members of the government and security leaders arrived at the border port of Tarbil with Jordan awaiting the arrival of Prime Minister Adel Abdul-Mahdi to reopen the port for the first time in years," Dulaimi said in a statement.

He added that a high-level delegation from the Jordanian side will arrive in the next few hours to attend the signing of memorandums of understanding between the two countries concerning the resumption of trade exchange with Iraq, as well as other facilities for passengers and visa.

Dulaimi pointed out that "the reopening of the port of Tarbil border with Jordan will contribute to the recovery of the Iraqi economy and reflected positively on the province of Anbar." LINK

Joint statement on the start of the mechanism of transport of goods, goods and petroleum products between Iraq and Jordan

2nd February, 2019

Joint statement issued by the Iraqi and Jordanian governments announced the start of the mechanism of transport of goods, goods and petroleum products between the two countries as of Saturday

A meeting between Prime Minister Adel Abdul Mahdi and his Jordanian counterpart Omar al-Razaz at the Tarbil border crossing resulted in the following agreement

Approval to grant preference to Iraqi agricultural goods to enter Jordan in short seasons

Forming a technical committee to provide final consensual solutions for outstanding financial files between the two countries

To instruct the ministers of industry in both countries to hold monthly meetings to follow up on joint decisions and understandings

Agreement to overcome all obstacles in the field of medical tourism

Jordan is obliged to train Iraqi medical personnel and facilitate their access to the Jordanian board

Accrediting entities to facilitate the travel of Iraqi businessmen to Jordan

Agreement to strengthen cooperation in the area of reliability to ensure the quality of health services
Jordan agrees to train Iraqi cadres in the areas of optimal water use

Iraq agrees to lease a site dedicated to the establishment of a permanent Jordanian exhibition in the land of Baghdad International Fair

Jordan allocates 2,000 dunums for the purpose of establishing a joint industrial zone with Iraq

Jordan approves coordinates of joint industrial zone with Iraq

Agreement on procedures for the establishment of a joint Jordanian-Iraqi industrial zone

Iraq agrees to exempt Jordanian goods from customs duties

Jordan exempts Iraqi goods imported through the port of Aqaba from 75% of the fees

The signing of a commercial agreement between Royal Jordanian and Iraqi Airways in the area of the common code

Iraq agrees to supply Jordan with 10 thousand barrels of oil per day of Kirkuk oil

Initiate studies necessary for the construction of the oil pipeline running from Basra to the port of Aqaba

Approval to provide the Iraqi side with electricity

Consensus to settle outstanding issues and amounts required by each partyLINK