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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Abdul Mahdi is visiting China and these are the most prominent files

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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Re: Abdul Mahdi is visiting China and these are the most prominent files

Post by Terbo56 on Thu Jan 02, 2020 12:02 pm

so will clawd jerkin his Johnson!! Abdul Mahdi is visiting China and these are the most prominent files - Page 2 3508649203 ask the 8 affraid

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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Iraq begins work on two projects within the Chinese agreement

Post by claud39 on Wed Jan 08, 2020 1:09 pm

Iraq begins work on two projects within the Chinese agreement


08/01/2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 5260





Economy News - Baghdad

The financial advisor to Prime Minister Mazhar Muhammad Salih said that Iraq started working on two vital projects in the oil and energy sectors within the agreement signed with the Chinese side.

Saleh said in a dialogue held in cooperation with the Iraqi Economic and Political Center, that "the agreement entered into force as of October 1 and since the beginning of this year, nearly half a billion dollars has been entered into the balance of the sovereign account of Iraq with China."

He pointed out that this return is the result of "exporting 100 thousand barrels per day" and it will be spent to finance infrastructure projects in Iraq.

The financial advisor emphasized that "Iraq started work on two projects within the Chinese agreement, namely: building a project for a thermal power station in northern Baghdad with a capacity of 1400 megawatts and a project for strategic oil storage in southern Iraq."

He pointed out that the agreement with China extends for 20 years to rebuild dilapidated infrastructure in Iraq.

Saleh added that Iraq is likely to raise its oil exports to China to 300 thousand barrels per day instead of 100 thousand b / d if he sees his interest as necessary.





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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Disclosure of the Iraq-China agreement comes into effect after the export of 100 thousand barrels of oil to Beijing

Post by claud39 on Fri Jan 10, 2020 12:11 pm

Disclosure of the Iraq-China agreement comes into effect after the export of 100 thousand barrels of oil to Beijing


1/10/2020



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 141426.jpg.248f732b8c7f59477f7b791e57eee436





Baghdad / Obelisk: On January 10, 2020, the deputy of the Al-Fateh Hanin Al-Qadu Coalition announced the start of implementation of the Iraqi-Chinese agreement concluded by the Adel Abdul-Mahdi government before its resignation.

Al-Kiddo said in a press statement, followed by "Al-Masala", that "against the background of the start of the implementation of the Iraqi-Chinese agreement, the Iraqi government exported 100,000 barrels of oil to Beijing for the start of construction."


He added, "Parliament does not oppose the beginning of the implementation of the government agreement with China, although it was not submitted before implementation to parliament for review and voting on it."


Follow the obelisk






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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty A deputy confirms that the (Iraqi - Chinese) agreement will enter into force

Post by claud39 on Fri Jan 10, 2020 12:14 pm

[size=30]A deputy confirms that the (Iraqi - Chinese) agreement will enter into force[/size]


10/01/2020 





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Thumbnail.php?file=FDBB45AD_8113_4D32_97D6_0C064F70E838_108046007


Al-Ahed News- Baghdad
A member of the Iraqi Council of Representatives, Representative Kazem Al-Sayyadi, confirmed today, Friday, that the (Iraqi - Chinese) agreement has entered into force.
And the fisherman said in his tweet to him on Twitter, followed by "Al-Ahed News", that " the (Iraqi-Chinese) agreement entered into force."
He added, "The Iraqi government started exporting oil to Beijing for the purpose of launching the reconstruction campaign." End / 5
Below is a picture of Twitter:
Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Files.php?file=photo___________________________________867619697


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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty The activation of the "oil-for-construction" agreement between Iraq and China begins

Post by claud39 on Mon Jan 13, 2020 8:27 am

The activation of the "oil-for-construction" agreement between Iraq and China begins




12/01/2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 18157





Economy News - Baghdad



The head of the Parliamentary Committee on Economy and Investment announced the entry of the oil-for-construction agreement concluded by the Adel Abdul-Mahdi government with China into effect, describing it as "tremendous, giant and unparalleled."

Ahmed Al-Kinani said, according to the "Alsumaria News" agency, that the Iraq agreement with China is unparalleled over time in the economic and political history of Iraq, according to the Middle East News Agency "ASA".

Salim pointed out that this agreement included many provisions in dealing with all sectors, especially infrastructure and services in projects of large water drainage networks, roads and bridges, as well as in the field of health in establishing large and modern hospitals and educational hospitals and in the field of education by establishing schools, universities and educational institutes.

He continued: The agreement will also enter in the field of communications and technology to eliminate corruption and bureaucracy, and in the field of developing agriculture and activating the industrial sector.
The head of the committee added that the Iraqi-Chinese agreement also included all strategic projects, including the implementation of the large "Fao" port and other projects submitted by the Baghdad government as part of a feasibility study that serves the public interest.

Al-Kanani said that the agreement includes Iraq opening a joint account between Baghdad and Beijing in a Chinese bank, and through which Iraq begins to export and sell oil to Chinese companies with a quantity of 100,000 barrels per day deposited in this joint account, in addition to calculating profitable interest on these funds within The world-renowned banking context, and the China Export Corporation will support the projects agreed within a credit framework and not a loan, which serves the country to implement these projects.





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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Member of Parliamentary Finance: The framework agreement with China is invalid and violates the constitution

Post by claud39 on Tue Jan 14, 2020 7:54 am

Member of Parliamentary Finance: The framework agreement with China is invalid and violates the constitution




14/01/2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 18644



Economy News _ Baghdad



Member of Parliamentary Finance Committee Hoshyar Abdullah, on Tuesday, warned against the implementation of the framework agreement between Iraq and China because it is considered "invalid" and was not ratified by the House of Representatives, considering that not passing it to Parliament is a clear "constitutional violation" by the executive authority.

Abdullah said in a statement, "Economy News" received a copy of it, that "the implementation of the framework agreement is contrary to Article 61 of the Constitution (paragraph IV), which states that the organization of the process of ratification of treaties and agreements is the prerogative of the House of Representatives, and since this agreement did not It is passed in the House of Representatives and it has not been approved by the House. Its implementation is a clear constitutional violation by the executive authority, and it undermines the work of Parliament and cancellation of its role. "

He added: "Also, Article 110 of the Constitution states that (the federal authorities are concerned with the following exclusive powers: First: drawing foreign policies and diplomatic representation and negotiating international treaties and agreements), and we all know that the federal authorities consist of the House of Representatives and the ministers and the judiciary, so the implementation of This agreement, without the knowledge of Parliament and without its ratification, is a violation of the Constitution, as it is null and void. "

And he added, "The executive authority does not have the right to unilaterally conclude international agreements in such exceptional circumstances with another country without passing them in Parliament, and it was better for the government before taking this disastrous step to send all the agreements that were concluded in China to the House of Representatives to ratify them, just as The urgency in implementing them, identifying companies, opening bank accounts, and taking all measures with this speed indicates that there is no transparency in the agreement, and therefore this is a very dangerous step from the caretaker government, which is basically not entitled to start implementing such an agreement.

Abdullah went on to say: "We are not against the agreement. It is the right of Iraq to conclude international agreements, but only on condition that it passes through the constitutional frameworks and through state institutions and without canceling the role of the House of Representatives."

The head of the Parliamentary Committee on Economy and Investment Ahmed Salim Al-Kinani confirmed, on Saturday (11 January 2020), that the agreement signed by Iraq in China last September will enter into force, describing the agreement as "giant, giant and unparalleled."









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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Re: Abdul Mahdi is visiting China and these are the most prominent files

Post by Jayzze on Wed Jan 15, 2020 12:04 am

why is mahdi in china he nor the goi have any power since its a caretaker gov?
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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Saleh: The China agreement does not mortgage oil and can be canceled at any time Iraq wants

Post by claud39 on Wed Jan 15, 2020 8:15 am

Saleh: The China agreement does not mortgage oil and can be canceled at any time Iraq wants


15/01/2020



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 18690





Economy News _ Baghdad

A senior adviser to the Iraqi government for financial and economic affairs, and one of the negotiators in the Iraqi-Chinese agreements, the appearance of Mohammed Saleh, on Wednesday, that the China agreement does not mortgage Iraqi oil for many years as rumored, as to the possibility of canceling it at any time Iraq wants.

Saleh said in an interview with "Al Arabi Al Jadeed" newspaper and seen by "The Economy News", "The agreement between China and Iraq is technical, and we are surprised by the chaos of the current analyzes of economists and politicians alike. We know that an agreement with a country like China is a strong competitor to the United States in Iraq raises Controversy also, but this does not mean that it is politicized.

Saleh added that "the agreement includes allocating export revenues of 100 thousand barrels of Iraq's total daily exports to China, which amount to about 850 thousand barrels, for reconstruction projects, which is the beginning of the entry of Chinese companies in the reconstruction of dilapidated infrastructure."

He continued, "All oil revenues go to the operational budget, while this is an opportunity to allocate a portion of the revenues well to reconstruction and construction." He stressed that "the issue of mortgaging Iraqi oil for many years, as some warn and heard about the past two days, is incorrect, there is a clause in the agreement that enables Cancel it any time you want, it is an aid agreement from China as a friendly country to Iraq.

He considered that "there are no fears of any US economic or other sanctions, in light of the application of this agreement, because the American side has nothing to do with this file, and we have not heard that there are American objections or warnings about the agreement or its application," noting that "there is an intention in The future, if Chinese projects succeed, is to allocate 300,000 barrels of oil a day for reconstruction projects, instead of the current 100,000 barrels.





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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Legal expert explaining the possibility of China sticking to the treaty with Iraq internationally

Post by claud39 on Fri Jan 17, 2020 9:50 am

Legal expert explaining the possibility of China sticking to the treaty with Iraq internationally




17-01-2020 





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Image






Baghdad / news

Legal expert, Ali Al-Tamimi, revealed the possibility of China adhering to the treaty with Iraq internationally.

Al-Tamimi told Al-Ikhbaria that "every agreement between two countries is placed at the United Nations in accordance with Article 102 of the Charter of the United Nations, so if what happened is a treaty and it was not ratified in Iraq, then it is in accordance with the Vienna Convention 1969 Articles 46 and 47 of them have binding force, which is what The judiciary of the International Court of Justice 1932 and 1933 settled in similar cases, meaning that if China adheres to it, it would be mandatory for it to have the primacy of international law over domestic law and here the subsequent Iraqi government has the right to challenge this before this court.

"Internally, the president or someone who signed the agreement is questioned for violating constitutional contexts in accordance with the provisions of internal law, and the bilateral agreement may be far from the international contexts above and this is also a dangerous matter, as happened between Saddam Hussein's government with Turkey regarding the entry of Turkish forces into Iraq and ended with Saddam's death."

"If it is a memorandum of understanding or all contracts need to be included in the budget, which is not available to the caretaker government, but the Chinese side can stick to it."











https://www.ikhnews.com/index.php?page=article&id=207260
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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Colleague Dr. Mazhar Muhammad Salih talks about the details of the trade agreement between Iraq and China

Post by claud39 on Sat Jan 18, 2020 9:14 am

Colleague Dr. Mazhar Muhammad Salih talks about the details of the trade agreement between Iraq and China


01/18/2020



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Dr-Mudher-interviewn-on-the-deal-with-China



In recent weeks, the debate over the trade agreement between Iraq and China has dominated the Iraqi political and economic landscape. The scene of the heated debate topped a group of elements of the political class fighting for power and money and their media trumpets and some businessmen from the category of contractors who live on government spending and oil rents and a few fair economic experts. 


These groups participated in the promotion of contradictory information ranging from depicting a dark future that pledges the Iraqi economy to China over the coming decades, and a pink future promising quick service achievements that the Iraqi citizen has been waiting for for 16 years. 


This controversy has caused widespread confusion and unjustified division in the Iraqi public opinion about the feasibility of cooperating with China or with any other country to initiate the implementation of delayed infrastructure projects due to financial and administrative corruption. Ten years ago.

The distinguished economic colleague, the appearance of Muhammad Salih, represents a reliable and knowledgeable source on this subject as he is one of the negotiators from Iraq with the Chinese side. He is not only an academic economic researcher who worked for a long time in an Iraqi university, but also worked in the central bank as a consultant and deputy governor. He remains the financial advisor to the Prime Minister since 2014 and provides advisory services in the field of international economic and financial cooperation with complete impartiality, regardless of the political affiliation of the Prime Minister.













http://iraqieconomists.net/ar/2020/01/18/%d8%a7%d9%84%d8%b2%d9%85%d9%8a%d9%84-%d8%a7%d9%84%d8%af%d9%83%d8%aa%d9%88%d8%b1-%d9%85%d8%b8%d9%87%d8%b1-%d9%85%d8%ad%d9%85%d8%af-%d8%b5%d8%a7%d9%84%d8%ad-%d9%8a%d8%aa%d8%ad%d8%af%d8%ab-%d8%b9%d9%86/
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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Al-Atabi: I challenge the delegation of the 56 officials who visited Beijing to submit one editorial agreement paper

Post by claud39 on Sun Jan 19, 2020 9:44 am

Al-Atabi: I challenge the delegation of the 56 officials who visited Beijing to submit one editorial agreement paper


19-01-2020


Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Image



Baghdad / news

 On Sunday, Assistant Secretary General of the Virtue Party Muhannad al-Atabi challenged the prime minister to submit one editing paper on the Chinese agreement with Iraq, noting that the delegation attended by 56 Iraqi officials had not signed any document with China.


 Al-Atabi said in a statement to "Al-Akhbaria", that "the Iraqi delegation that went to the agreement with China and that was composed of 56 officials, including ministers and governors, did not sign any paper in China on the agreement, indicating the absence of any official agreement."


 He added, "Talking about an agreement that is valid for 20 years, handing over 100,000 barrels of oil per day, setting up factories, roads, and bridges is an incredible lie."


 He explained that "the agreement between the heads and states means that the most accurate details are named in it. For example, about the establishment of schools of 10 classes, in fact a request was submitted to the governors a few days ago to send the needs of their provinces from the orbitals to be included in the China Agreement, which indicates that there is no agreement." .


Al-Atabi stressed, "I challenge the government side to present any editing paper from the China-Iraq agreement, which they photographed as drawing pink dreams and ending the crises of Iraq once and for all."



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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Parliamentary Economy: American Ambitions Will Not Suspend Implementation of the Chinese Agreement

Post by claud39 on Sun Jan 19, 2020 1:05 pm

Parliamentary Economy: American Ambitions Will Not Suspend Implementation of the Chinese Agreement

01/19/2020


Abdul Mahdi is visiting China and these are the most prominent files - Page 2 %D8%A7%D9%84%D8%B5%D9%8A%D9%8614-696x409


Information / private ..


The Parliamentary Economy and Investment Committee confirmed, on Sunday, that the American ambitions and some other countries with the wealth and oil of Iraq will fail to implement the Chinese agreement, pointing out that the door is open to various companies wishing to work according to the Chinese agreement away from economic conflicts.


Committee member Abbas Al-Atafi said in a statement to “Information”, “China is a super industrial country, and in case its companies enter, it will be with international protection inside the Iraqi interior. In return, American ambitions and some other countries with Iraqi oil will be less than its predecessor and will not stop working with the agreement with Beijing.” .


He added that "some countries have ambitions for the wealth of Iraq and have agents inside and outside the government, with the aim of controlling the economic situation and Iraqi projects."


He stressed that "the agreement with China will eliminate corruption and be a gateway for companies wishing to work in Iraq regardless of economic conflicts between some countries, as Iraq will be an investment environment for companies according to the Chinese agreement." 25 n ended


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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty The political economy of the China-Iraq agreement

Post by claud39 on Tue Jan 21, 2020 2:22 pm

[size=36][rtl]The political economy of the China-Iraq agreement[/rtl][/size]


Monday 20 January 2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 980-Alsabbaq










Dr.. Maytham Al-Ayibi
 
In the novel "A Crime on the Margin," Hero Henry Spearman, a professor and president of the American Economic Association, declares: "There is no such thing as a free dinner." Today, China is working within a long-term strategy to manage its economy and international trade, through what is known as the Belt and Road Initiative. , Signed by a group of countries that represent more than 65 percent of the world's population.

 This road passes through Mesopotamia, as a Middle Eastern heart, through which you will plow a paved road, to cross into Africa and Europe in order to expand its hegemony and global economic influence, the Iraqi oil investor in which the country maintains huge reserves as a fuel for the paving of this road, so the implementation of infrastructure projects and roads Bridges, railways, schools and energy mainly serve the paving of the China Silk Road with funds
 Iraqi.



China is eager to share influence on Iraqi oil and gas more broadly with the United States of America, is willing to pump more investments, capital and employment for the Chinese workforce, as well as its desire to increase the volume of trade exchange with Iraq, a balance that will remain in favor of China, not Iraq, in that the latter is an importer Pure Chinese goods, cheap
 And bad.



The increasing Chinese influence is not confined to Iraq, but most of the Arab Gulf countries, which are a traditional ally of America, tend to this same trend, as Chinese investment increased more, and its exports to China increased compared to its counterpart to
 America.



But what distinguishes the Gulf states in their economic policy from Iraq is that they maintain balanced relations between America and China, and send lasting assurances that they seek to build their economies, and do not demand the exit of the American forces and bases present on
 Its territory.



The strength of the Chinese economy, which represents one fifth of the world's population, and one fifth of the world's foreign trade, qualifies it to present itself as an alternative to globalization in the American sense, and thus, after more than 16 years of the failure of the American economic project in Iraq, China is trying to fill this economic void (And the political and security later), which is something that China has been quietly working on for a long time ... in what is known as the "Chinese Dream", in exchange for not implementing the "American Dream" in Iraq, and accordingly it is assumed! To turn the compass of the economic system in Iraq from western globalization, to eastern Chinazation.



Although it is unlikely that America will accept the idea of ​​disengaging Iraq from the cloak of its economic influence easily, it is clear that China is ready and prepared to fill this void, which is a strategic mistake that Iraq should not make.
Although China avoids in its official documents talk of any future intentions for political expansion
 And security. 



It is clear that America views with suspicion such intentions. The future (soft) Chinese political and military presence is the only way to protect its economic and commercial interests, within the arrangements for providing Chinese goods to the world within a multilateral international framework.



The coincidence of the Sino-Iraqi agreement, known as "Oil for Construction" under the banner of infrastructure and investment, with calls by Iraqi parliamentary parties for the exit of American forces from Iraq, raises doubts about filling this political and security void in the future by China and its allies.



It is surprising that China at this stage enters Iraq and the Middle East from the gateway to the economy, and does not dare to profess and confront America politically and security, while Iraq professes its security and military isolation from the American axis that it claims to have liberated from the yoke of the mightiest Middle Eastern dictatorship spent in His lands are billions of dollars.



What is most frustrating in this situation is that the economic, political and security decision of Iraq be transferred from the far west to the far east, with this severity, without a smooth transformation, and without creating international and internal balances that put the country's interest and its various components in the foreground, something that is likely to continue the nightmare. Iraq, amid the ongoing struggle, between the Chinese dreams
 And the American. 



Iraq’s “Chineseization”, as a substitute for its globalization or its Americanization (which has not achieved any success or seriousness in converting Iraq into a developing country as it was preparing for, over the years from 2003 to 2020), the same methods that globalization will link countries within
 Its mechanisms. 



Among these mechanisms are lending policies, which have long been the core question: Does Iraq need to enter into lending arrangements, and did it have to reject them, as were those policies that were linked to Iraq with international organizations such as the IMF and the World Bank through them being questioned? 
It is the same question that is being renewed at the present moment: Does Iraq need to enter into loan arrangements from China, while it has comfortable foreign reserves and huge oil reserves, that could be a guarantee for its economy, instead of trading its reconstruction?
 With loans?



Despite all the reassurances that indicate that the loans provided by China are not loans, but merely facilitation or smooth financing as an alternative to the traditional financing mechanisms that are routine, and that Chinese companies will implement, which is different from previous loans that were financing my budget deficit goes To Iraqi hands translated into corruption and fake projects and poorly executed. 
However, the reality indicates that China is working to establish a group of major lending institutions, such as the Asian Investment Bank for Structures
 Infrastructure.



 And the Silk Road Fund ... which are institutions that practice broad lending activities amounting to billions of dollars to finance countries, projects and institutions in those countries through which the Silk Road is constructed, according to international or permissive market interest rates, and not free. It is clear that these institutions are trying to take a similar and alternative future role as that of international lending institutions such as the International Monetary Fund and the Bank.
 International. 



The risk does not lie in signing an economic agreement with China, on fair terms. The country undoubtedly needs to revive its dilapidated infrastructure, which is something that China can provide easily, in terms of considering Iraq a small Chinese village, which can be built easily with its huge economic potential. High market access flexibility
 Achievement. 



But this step had to come with the granting by the American party, what it requested before signing this agreement, of sufficient guarantees, to ensure its continued political and security influence in Iraq and the region ... which was not achieved, in terms of parliamentary demands for the exit of the American bases, which is likely Blocking this agreement and preventing
 Implement it.






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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty The Minister of Planning invites ministries and governorates to present their priorities of the projects proposed for implementation within the Iraqi-Chinese agreement

Post by claud39 on Thu Jan 23, 2020 7:10 am

The Minister of Planning invites ministries and governorates to present their priorities of the projects proposed for implementation within the Iraqi-Chinese agreement




23/01/2020



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 18157







The Economy News - Baghdad



Today, Thursday, Minister of Planning Dr. Nuri Sabah Al-Dulaimi called on all ministries and governorates to submit a list of strategic priority projects, after aligning them with the goals of the national development plan, for implementation within the Iraqi-Chinese agreement .

Dr. Nuri Al-Dulaimi emphasized during his call to submit proposed projects as quickly as possible after aligning them with the objectives of the national development plan, development gaps and spatial advantage, according to the activities listed in the Prime Minister’s Office letter on 01-01-2020, and the Ministry of Planning’s letter sent to the Prime Minister’s office in 31-12-2019, which includes a list of the main projects proposed for implementation within the Iraqi-Chinese agreement .

 
He pointed out the importance of clarifying the details of each project and the completion of the requirements for inclusion or not, the position on the plan whether it is listed or not included, and the obligations that the contracting authority prefers whether it is contracted or not, stressing the importance of choosing projects according to the priority and need of citizens.







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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty The Minister of Planning invites all ministries and governorates to submit their priorities for the projects proposed for implementation ...

Post by claud39 on Thu Jan 23, 2020 9:02 am

The Minister of Planning invites all ministries and governorates to submit their priorities for the projects proposed for implementation ...




2020-01-23



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 15797736835ae56abd73ec9159b410e17b445d4a12--%D8%B4%D8%B9%D8%A7%D8%B1











The Minister of Planning invites all ministries and governorates to present their priorities of the projects proposed for implementation within the Iraqi-Chinese agreement


Today, Thursday, Minister of Planning Dr. Nuri Sabah Al-Dulaimi called on all ministries and governorates to submit a list of strategic priority projects, after aligning them with the objectives of the national development plan, for implementation within the Iraqi-Chinese agreement. Dr. Nuri Al-Dulaimi emphasized during his call to submit proposed projects as quickly as possible after aligning them with the objectives of the national development plan, development gaps and spatial advantage, according to the activities listed in the Prime Minister’s Office letter on 01-01-2020, and the Ministry of Planning’s letter sent to the Prime Minister’s office in 31-12-2019, which includes a list of the main projects proposed for implementation within the Iraqi-Chinese agreement. Pointing out the importance of clarifying the details of each project and completing the requirements for inclusion or not, the position on the plan whether it is listed or not included, and the obligations that the contracting party prefers whether it is contracted or not, stressing the importance of choosing projects according to the priority and need of citizens.


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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Economist: The agreement with China will be implemented within the next five months

Post by claud39 on Thu Jan 23, 2020 1:52 pm

Economist: The agreement with China will be implemented within the next five months

01/22/2020




Abdul Mahdi is visiting China and these are the most prominent files - Page 2 %D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D9%85%D9%87%D8%AF%D9%8A-%D8%A7%D9%84%D8%B5%D9%8A%D9%86-2-696x435

Information / private ...

The economic expert, Amer Al-Jawahery, expected, on Wednesday, the start of the implementation of the Chinese agreement with Iraq during the next five months, between that the agreement will contribute to supporting the national product through the use of local building materials and the internal workforce.

Al-Jawahiri said in a statement to "Information", that "the implementation of the agreement with China needs implementation measures that may reach five months," noting that "these sanctions are related to the mechanism of entering partnerships and identifying projects to be implemented."

He added that "the agreement with China will start implementing the construction of a power station in Baghdad and some service projects in the central and southern regions," noting that "the other stages of the agreement will target infrastructure and mega projects."

And that "the Chinese agreement will contribute to supporting the national product through the use of local building materials in addition to the workforce," explaining that "supporting the local industry will provide Iraq with other doors to finance its public budget instead of relying on oil exports only."

The Chairman of the Finance Committee in the House of Representatives, Haitham Al-Jubouri, revealed, yesterday, Tuesday, parliamentary efforts to study the Iraq agreement with China and turn it into a law, stressing that the agreement is "very important". Ended 25 T

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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Despite its entry into force ... Parliament has not received a copy of the economic agreement with China

Post by claud39 on Thu Jan 23, 2020 1:54 pm

Despite its entry into force ... Parliament has not received a copy of the economic agreement with China


01/23/2020




Abdul Mahdi is visiting China and these are the most prominent files - Page 2 %D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D9%85%D9%87%D8%AF%D9%8A-%D8%A7%D9%84%D8%B5%D9%8A%D9%86-696x435


Information / private ...

The Parliamentary Investment Committee confirmed, Thursday, that the terms of the Chinese agreement with Iraq have not yet reached the House of Representatives, despite its entry into force.

Committee member Nada Shaker said in a statement to "Information", that "the economic agreement with China will contribute to supporting the Iraqi economy and the development of infrastructure, as well as providing great job opportunities that contribute to reducing the level of unemployment", pointing out that "the terms of the agreement did not reach the House of Representatives So far, despite its entry into force. ”

She added that "the House of Representatives wants to see the terms of the agreement for the purpose of knowing the projects that will be implemented, their size and the extent to which they provide services, as well as knowing which projects will be implemented first", indicating that "the success of the agreement depends on the Iraqi negotiator and must present the country's interest on all interests to complete huge projects Serving the citizens. ”

And the economic expert, Amer Al-Jawahery, expected yesterday, Wednesday, to start the implementation of the Chinese agreement with Iraq during the next five months. T 25 is over

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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Prime Minister Adel Abdul-Mahdi chairs a special meeting on the Iraqi-Chinese agreement projects

Post by claud39 on Fri Jan 24, 2020 8:08 am

Prime Minister Adel Abdul-Mahdi chairs a special meeting on the Iraqi-Chinese agreement projects




2020-01-23





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 157980373174214c5ab1dd1cd902908b76977657a6--%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9_%D8%A7%D9%84%D8%A7%D8%AA%D9%81%D8%A7%D9%82_%D8%A7%D9%84%D8%B5%D9%8A%D9%86%D9%8A



Today, Thursday, Prime Minister Adel Abdul-Mahdi chaired a special meeting for the Iraqi-Chinese agreement projects in various parts of Iraq and to follow up on implementation policies and complete the presentation of the most feasible projects related to infrastructure development in the fields of roads, transport, energy, housing, petrochemicals, etc., and priorities were discussed for productive projects that would Developing the economy, supporting the private sector, and operating manpower.

The meeting was attended by the Minister of Planning, a number of undersecretaries and advisors to the Prime Minister.


https://mop.gov.iq/activities_minister/view/details?id=1016

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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty The Iraq-China Agreement and its Economic Feasibility

Post by claud39 on Sat Jan 25, 2020 9:03 am

[size=36][rtl]The Iraq-China Agreement and its Economic Feasibility[/rtl][/size]




Friday 24 January 2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Alsabaah-28733






Baghdad / Al-Sabah 


 
The Iraqi Economic Council held its discussion economic forum under the title (the Iraqi-Chinese agreement .. its details and effects in the service and economic reality in Iraq) under the auspices of the Parliamentary Economic and Investment Committee and the Parliamentary Finance Committee.



Our country faces many and many challenges imposed on it by the harbingers of the internal, regional and international situation, in addition to the accumulation of development benefits that have been hampered by the country's conditions during the past years, and the abnormal conditions that afflicted Iraq from the first war against terrorism to the financial crisis caused by low oil prices at the end of 2013 and the beginning of a war Iraq is the second holy war against terrorism on the terrorist group of ISIS for the period 2014-2016, in addition to putting pressure on operational expenditures on the annual budget and the spread of corruption that has spoiled the state’s structure and the dearth of financial resources from government fees for many institutions. SAT and the most important of them (customs, taxes and border ports) and the inability of government agencies to collect fees for services provided such as (electricity and water) all led to dispersal of funds and the inability to develop strategic plans to advance the service and economic reality in Iraq, which led to stopping the wheel of development and reconstruction.



The aforementioned reasons are the ones that led to the outbreak of popular demonstrations calling for political and economic reform and the necessity of providing infrastructure and housing and service projects and building schools, hospitals, roads and bridges and the establishment of strategic projects that absorb thousands of manpower, which led to the emergence of an urgent need to find Renaissance projects that address the problems mentioned in All the important structural sectors that lead as a result to moving the wheel of the national economy and sustainable development and improving services for the Iraqi citizen.



Here, the need for Iraq to go towards cooperation with a number of friendly countries with great capabilities to sign a number of cooperation and joint work agreements, including the signing of the Iraq-China Agreement, has emerged, as the agreement is beneficial to both parties in all its dimensions. Iraq needs countries like China that have accumulated technical and logistical expertise and liquidity Finance and success experiences in all sectors to help him contribute to the desired major reconstruction process. As for China, it is also looking for new markets in which to invest its technical and human capabilities and invest the large cash block it possesses. In addition to creating markets for the disposal of its products, goods, machinery and equipment, and to secure the purchase and import of the largest possible quantity of oil shipments during the coming decades in the long term, bearing in mind that the close relationship between Iraq and China was not the result of the stage, as the two countries have cooperation at the economic level but in a limited manner, Not long ago
The hustle and bustle raised about the subject of the agreement that accompanied the announcement of the balance of deposits in the Iraqi-Chinese fund to nearly half a billion dollars is unjustified, and perhaps came as a result of the conflicting statements of a number of experts and analysts, in addition to what was circulated in the media and social networking, some of them Whoever warns of this agreement without real justifications, and some of them exaggerate its size and amounts without knowing it, and perhaps this came on the background of not clear or transparent circulation of the terms of the agreement by the relevant authorities.



Here the importance of holding a symposium under the title (Iraqi-Chinese agreement .. its details and direct effects in the service and economic reality in Iraq) to clarify the details of this economic agreement which, if implemented, God willing, is one of the achievements of this stage, as we hope to listen from our distinguished guests, Excellencies The ministers and consultants who negotiated and contributed to the drafting and signing of part of this agreement.



After that, Deputy Prime Minister for Services Affairs and Minister of Planning Dr. Nuri Al-Dulaimi spoke, saying that "there are challenges facing Iraq and stalled development benefits referred to by the President of the Iraqi Economic Council, and appropriate solutions must be found to these challenges in the short, medium and long term, the most important of which is the lack of political stability and the lack of It provides a platform for trust between the people and the government, and that the interference of the parties in the work of the government creates an atmosphere of mistrust and instability and therefore solutions must be found to these challenges in a way that does not affect the economy and the sustainable development movement, which paves the way for the implementation of agreements that promote peace. Such as economic Qa-Iraqi agreement - China's various economic dimensions, note that we are in the process of discussions with the various ministries to identify strategic development projects, which will be communicated to the Chinese side as a start, what is important 
Begin work regardless of the percentage of achievement from 
During the development of an organizational framework and roadmap 
for work.



Then the Minister of Construction and Housing, Professor Binkain Rikani, spoke, saying: There are many problems in the projects and investment sector, and because of these problems and events that our country is going through and political and security instability, most projects have been neglected and most foreign investors have been reluctant to work and invest in Iraq. The poor performance of infrastructure and need To expand on them due to population growth and the need for projects that depend on the presence of infrastructure in various fields require hard work for 10 years to create an infrastructure upon which the country depends and according to the Iraqi-Chinese agreement, an amount of 51 m is set Billion dollars to provide basic services such as roads, bridges, construction of power stations, schools, and construction of residential complexes. This will only be by providing security and stability.



Then, Minister of Transport Abdullah Laibi spoke, saying that the major strategic projects that can be implemented through the Iraqi-Chinese agreement are essentially needed by the country not to provide basic services only, but to take advantage of its outputs to move the development and reconstruction process, including the large port of Al-Fao, which has been suspended due to the lack of allocations. Sufficient financial over the past years, in addition to building a railway network and highways on which Iraq depends on providing revenue for the state treasury and within the framework of this agreement, China is able to provide the requirements for the implementation of all these projects that will be presented if implemented. Great citizens 
And country.



A lot of noise has arisen on the subject of the agreement, who did not see it, as we have not been able in the past years to benefit from the oil sold in achieving even a small amount of development. Achieving development, and according to this agreement, only 3 percent of the oil sold will be used to put it in the Fund for the Development of Iraq in the Federal Bank by allocating the return on the sale of 100 thousand barrels of oil, as the amount reached approximately 420 million US dollars, and the Chinese side will grant For your convenience For Iraq with an amount of 10 billion dollars for the first stage, the Chinese company (Sinocure) will guarantee the agreement, and it is possible to increase this amount to 300 thousand barrels in the event of wanting to increase the amounts of money in this fund, and then the money will be transferred to another sovereign fund called (Investment Fund) after the agreement On the list of projects to be determined
Saleh added, "The agreement with China establishes the process of using oil in development through a process of providing a mandatory rate of 3 percent, which represents $ 2.2 billion a year of oil revenues and recycling of the public budget, so that we do not adhere to financing. We established a joint fund with China called the (submersible sovereign fund) It is a fund in which revenues from 3 percent of oil sales (100 thousand barrels) are placed, contracts for projects executed by major Chinese companies open to, and 3 solid Chinese companies are offered for each contract that is differentiated by the Iraqi government, as a mechanism will be put in the cabinet to implement Special policy With the agreement, the annual investment platform will remain in the budget working in parallel with the implementation of projects under the agreement. "



As for the role of China in the agreement, we expect that "there will be a shortage of funding under the cooperation agreement, which is higher than a memorandum of understanding and less than the agreement, as the Sinocure Investment Guarantee Corporation, a government institution linked to the Chinese State Council, will provide a credit ceiling that helps finance the project when needed, not exceeding 10 Billions of dollars and every withdrawal from the credit ceiling will be 85 percent from China and 15 percent from Iraq according to the way the World Bank works. Interest will be calculated on the sums of Iraq deposited in China and the credit line will be charged as a cost in return, which is a normal issue and there will be no exchange outside the budget .. Everything is seco N is fixed in the annual federal budget and approved by the House of Representatives legally.



All of these are combined with one agreement, so I think that the person who is not competent if he reads all these details will not understand it and will open the way to interpretations and conflicts of opinion and distort the agreement, but the competent committees in the House of Representatives must see the terms of the agreement, and by the way there will be no loans but there is an Iraqi reconstruction fund A Chinese manages the financing of the implemented projects. It is possible that we can implement projects during this year with a value of 14 billion dollars and could increase to 42 billion dollars. There is no specific number, and the numbers that were circulated on social media are incorrect, in the sense that there are no specific numbers Is certified The implementation of projects, it is possible to continue for 10 or 20 years the implementation of the agreement it is possible to stop after a year there is nothing binding and there are no fines or penalty clauses, what is important is that our model is to be building projects through a portion of the proceeds from the sale of oil.



Then, Dr. Haitham Al-Jubouri, Chairman of the Parliamentary Finance Committee, spoke, as he thanked the Economic Council for holding this important symposium. I believe that the controversy surrounding this agreement is the reason for the lack of transparency, as we, as a Finance Committee in the House of Representatives, have yet to know anything about the details of the agreement with China and we have heard of it The media did not know what was beneficial or what was harmful and the problem is that we cannot defend something and we do not know what it is and we cannot criticize something that we do not know and we have sent more than one letter to the Prime Minister’s office to request the details of the agreement and we did not want anything, and we also have a reservation from the base when the official delegation goes To China because of The absence of the legislature and not being acquainted with the agreement before its arrest because we are partners in bearing the responsibility before the people in case of failure and if it succeeds it will be in the interest of the government and this is unjust, as the first book we received from the Iraqi Central Bank informs us that the first amount of oil sales is 418 million dollars To the Iraqi-Chinese fund



Then MP Salaam al-Maliki, a member of the Parliamentary Commission on Economy and Investment, who thanked everyone who contributed to the symposium .. Dr. Haitham Al-Jubouri shared his opinion about the failure of the House to review the agreement and its details and said: “I hope amid the ongoing debate that there will be no destruction of this agreement within narrow political frameworks To obstruct development due to factional interests, as happened when the infrastructure law was dropped in 2008 and now there are some forces working to drop this agreement without seeing it, so please do not drop or encourage love or hatred of the prime minister, 



Rather on the basis of the supreme interests of the state and the people, we must now not extend the fears of 
The agreement, and at the same time not to remain under the umbrella of fears only after the agreement has been well studied by the House of Representatives and voted upon to accept or reject, and that there is a climate of mutual trust between the House of Representatives and the government in the service of the public interest.



Then the economist, Dr. Obaid Mahal Hammoud, spoke, who raised several questions about the mechanism of implementing the agreement, and referred to the issue of supervision and auditing by a foreign company, and asked why the Financial Control Bureau is not relied on in this matter, which is a reliable body in its work and belongs to the state, but I would like to say that any An agreement with any country that guarantees the speedy implementation of infrastructure projects in Iraq is blessed and has all the support.



Then a consultant to the Ministry of Oil, Dr. Falah al-Amiri, on the issue of renewable energy, said that China and India are in the process of relying on renewable energy in the field of electricity, and the question that arises here in the case of low oil prices, what happens with the agreement?



Dr. Mazhar Muhammad Salih answered a question about the failure of the Financial Supervision Bureau to approve the monitoring and auditing of the agreement with China, saying: "The Financial Supervision Bureau has a lot of work and large work has not been done so far, such as the final accounts of the government for the past years, as well as the accounts of licensing rounds contracts, so he cannot with this Momentum work to audit agreement accounts. "



Dr. Haitham Al-Jubouri added in his answer to the questions: "We hope that the agreement will be placed within a legal framework that the parliament will vote on away from the budget law so that we protect the agreement when the government changes and differs."








http://alsabaah.iq/20426/%D8%A7%D9%84%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D8%A9-%D8%A7%D9%84%D8%B5%D9%8A%D9%86%D9%8A-%D8%A9-%D9%88%D8%AC%D8%AF%D9%88%D8%A7%D9%87%D8%A7-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D8%A9
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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Four strategic projects in Babylon within the Chinese agreement

Post by claud39 on Sun Jan 26, 2020 8:50 am

Four strategic projects in Babylon within the Chinese agreement


26/01/2020


Abdul Mahdi is visiting China and these are the most prominent files - Page 2 18802







Economy News - Baghdad


The local government in Babylon has identified four important strategic projects to be included in the Iraqi-Chinese agreement.
The Governor of Babylon, Hassan Mandil Al-Quraishi Agency, said in a statement that was published by the official "Al-Sabah" newspaper and seen by "Al-Iqtisad News", that "the provincial office has identified four strategic and important projects to have priority within the Iraqi-Chinese agreement," noting that "there are other service projects in connection with their statistics." By the governorate’s departments and put them in a meeting before the end of the specified period of the Prime Minister, which ends after nine days to submit projects. ”
He added: "The projects that were identified are the project of 100 Al-Hawli Street, which connects Baghdad to the southern governorates without passing through the city of Hilla, and the major sewage project of Hilla (second stage), especially as the governorate continues to implement the first stage of it."
He continued: "In addition to projects of district and sub-district networks with a value of one trillion and 200 million dinars," noting that "the new Babylon City project, which cost trillion and 500 billion dinars, was also identified by the province to be implemented within the Chinese agreement." 




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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Parliamentary Finance confirms that the China Agreement will implement many projects in the region

Post by claud39 on Mon Jan 27, 2020 8:46 am

 Parliamentary Finance confirms that the China Agreement will implement many projects in the region


27/01/2020



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 18818







Economy News _ Baghdad

Member of the Finance Committee in Parliament, Ahmed Al-Saffar, confirmed on Monday that, according to the agreement with China, many strategic projects will be implemented, and the Kurdistan Region will have its share of those projects.

Al-Saffar said in a press statement seen by "Al-Iqtisad News" that "the share of the region has not been determined, but that from that amount projects will be implemented, including the construction of a railway in Zakho to Basra and the construction of an oil pipeline and the construction of a school, a refinery and a hospital."

He added, "According to the law, the share of the Kurdistan region includes all contracts concluded with Iraq, but Baghdad has so far violated these rights and will not secure the region's share in international contracts."
 


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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Reconstruction-for-Oil Agreement between acceptance and reservation

Post by claud39 on Tue Feb 04, 2020 9:17 am

[size=36][rtl]Reconstruction-for-Oil Agreement between acceptance and reservation[/rtl][/size]




Monday 03 February 2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 980-Alsabbaq






Baghdad / Suha al-Sheikhly
 
Economists and experts continue their discussions and present their views on the Iraqi-Chinese agreement and its expected effects on the national economy, at a symposium organized by the Iraqi Council for Peace and Solidarity, attended by "Al-Sabah". In late September last year, Iraq signed eight agreements with China, at the forefront of which is a framework agreement that includes "reconstruction for oil", which includes projects related to roads, railway networks, housing, ports, hospitals, schools, water dams, energy, and transportation, at an estimated value of $ 500 billion, in the form of reconstruction for export 100 thousand barrels of oil per day outside OPEC's share, without affecting the financial budget. 

Solid infrastructure



The financial advisor to the Prime Minister, Dr. Muhammad Mazhar Saleh, said during the symposium: "China is one of the developed countries in the infrastructure, and the real development in any country can only be achieved with a solid infrastructure."



Saleh pointed out that "100,000 agreed barrels should enter the Development Fund, and then deduct from it compensation of the Kuwait war, which remains approximately 7 billion dollars, after Iraq paid about 52 billion dollars."



He pointed out that "this agreement was based on the principle of building bridges and reviving the Silk Road, which China seeks to restore in order to bring peace and increase economic development in the world, especially since the countries that are on the belt line constitute 65 percent of the world's population." 
 

Economic benefit to both parties



In a related context, the economist d. Majid Al-Suri: "This agreement is close to the agreements that Iraq concluded with other countries, as it is in the interest of the two parties in economic terms." 
Al-Suri added during the symposium: "The need of Iraq is very great for this type of agreement, for the reconstruction of infrastructure in the country, in which it was agreed to allocate 100 thousand barrels per day, and if these funds are not enough, it is considered loans that do not exceed 1.5 percent." 



For his part, the economist Bassem Antoine stated that "Iraq is in urgent need at the present time to conclude agreements, especially with countries that have the competence, ability and confidence to build and develop the Iraqi economy." 
 

An alternative to the reconstruction fund


Antoine explained at the symposium: "We have with China a previous experience in the Halfaya field and a good and encouraging Iraq relationship, and this agreement will be a substitute for establishing a construction fund, especially since the amount of 100 thousand barrels per day does not exceed more than 3 percent of our oil production, hoping that it will be This agreement is a good sign for upcoming agreements. " 



As for those interested in economic affairs, Thamer Al-Heims, he emphasized that "the agreement is good and seeks to rebuild the infrastructure in Iraq, especially that it will do a lot of economic activities and banking activity, in addition to providing many job opportunities to eliminate unemployment." 
 

Unclear details



Former President of the Federation of Industries Hashem Al-Atraji had another opinion, as he found that "the agreement with China in terms of form is acceptable and if implemented correctly it will be of real benefit to Iraq. But its details are unclear, asking: Is it in the interest of Iraq? Does it build good projects?" For Iraq? " 



For his part, said interested in economic affairs d. Ahmed Ali Ibrahim: "This agreement is similar to another agreement between Iraq and Japan, the results of which were not actually tangible, stressing the need to allocate a portion of the agreements to involve the private sector, in addition to including two important files, namely health care and housing, as well as consideration of integration
 Societal. "






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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Lecture on the Chinese agreement

Post by claud39 on Wed Feb 05, 2020 10:13 am

[size=32][rtl]Lecture on the Chinese agreement[/rtl][/size]
February 5, 2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Images_iraq-china-meeting4-1024x682








[rtl]Lecture on the Chinese agreement[/rtl]
[rtl]Baghdad - Time[/rtl]
[rtl]Within the first scientific forum for 2020 of the Baghdad College of Economic Sciences and in cooperation with the Iraqi Society for Public Policy and Human Development, Dr. Mazhar Muhammad Salih, Adviser to the Prime Minister for Financial Affairs, will give a lecture entitled (the Iraqi-Chinese agreement and the Belt and Road Initiative).[/rtl]
[rtl]And an invitation card received by (Time) yesterday said that (the lecture will be held next Saturday at twelve noon. Dr. Lebanon, Al-Shami’s phone, Dean of the college said that (the college is heading to establish its ninth international scientific conference titled “sustainable development in light of the quality education and the digital revolution).” He added that (The conference will be held on April 18 in the Great Conference Hall at the Baghdad International Fair, and the deadline for receiving abstracts of research is March 1.[/rtl]






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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Iraqi-Chinese agreement and the reality of insurance in Iraq - Duraid Al-Shaker Al-Anzi

Post by claud39 on Wed Feb 05, 2020 4:32 pm

[size=32][rtl]Iraqi-Chinese agreement and the reality of insurance in Iraq - Duraid Al-Shaker Al-Anzi[/rtl][/size]


February 5, 2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 20190824_142026






[rtl]Iraqi-Chinese agreement and the reality of insurance in Iraq - Duraid Al-Shaker Al-Anzi[/rtl]
[rtl](((It is the sector that maintains the economy and compensates for losses and ends the issue of total loss))) This is one of the most important general economic issues that create financial returns for them with relatively few expenses and the insurance sector in the countries of the world ... The insurance sector has played and still plays a very important role in the economies of the developed and emerging world and has reached to invest billions of dollars in the economy of these countries in addition to its primary function greater than materialism for citizens and companies, which is protection from risks that may occur and if they occur they are in the form of vocabulary, most likely, And this protection led to the accumulation of capital for companies with various insurance specialties ... The clear fact is that the state is concerned with this sector, especially in countries with emerging economies. Including Iraq.[/rtl]
[rtl]During the first reading, we note the size of the materials entered and the number of companies and people. Hence, we find that the basic insurance base is available, knowing that the companies and the people who come are mainly believers in this topic and do not need to educate or discuss the subject, and most of the time they demand this and the following forms.[/rtl]
[rtl] 1- Their companies open branches in Iraq[/rtl]
[rtl] 2- To deal with Iraqi companies[/rtl]
[rtl] 3- That there be participation with Iraqi companies[/rtl]
[rtl] 4- To adopt the principle of agency for foreign companies.[/rtl]
[rtl]Note that we are totally unprepared for such a diversified and large economic entry, and this is part of the private sector's omission in which we called and wrote a lot. As for the insurance sector, it is the weakest in the private economic sectors, and it is not composed of more than 33 companies, including 3 governmental ones, and the rest are separate shops that do not have any economic or financial weight, knowing that the subject of insurance is the same as other administrative bodies in the state’s departments, and the corruption and corruption it has evaded from here The relevant authorities should ..[/rtl]
[rtl]- A condition of internal insurance for all materials entered.[/rtl]
[rtl]- Agreement with Iraqi companies to do so.[/rtl]
[rtl]Diversity of forms of insurance and its name.[/rtl]
[rtl]It is important to set up an insurance bank to adopt financial support for companies in exchange for the insured.[/rtl]
[rtl]–The establishment of an insurance association that distributes insurance issues to Iraqi companies, provided that patronage and patronage are not entered into it ,,, rather inclusivity and equitable distribution between companies and the development of the sector locally and globally.[/rtl]
[rtl]We copy our article below and our proposal to develop the sector and the former editor submitted to the National Insurance Company ,,, and there is no life for those who call.[/rtl]
[rtl]Note that the loss of Iraq from the insurance of imported goods is estimated at two billion dollars annually.[/rtl]
[rtl]We repeat this topic should be a basic paragraph of the agreement with China.[/rtl]
[rtl] We copy our article below and our proposal for developing the sector and the former editor submitted to the National Insurance Company 16/1/2020[/rtl]
[rtl]In the name of of Allah the Merciful[/rtl]
[rtl]Hello[/rtl]
[rtl]Insurance…[/rtl]
[rtl](((It is the sector that maintains the economy, compensates for losses, and ends the issue of total loss))).[/rtl]
[rtl]Like any economic sector in Iraq, negative general changes such as favoritism, favoritism, and quotas have entered into it, and the fragility and corruption that have taken place in it have occurred.[/rtl]
[rtl] ... when the government institution is in this milieu, it is not easy to notice an evolution on its administrative and financial policies, particularly technical, and the specificity of this institution under consideration ...[/rtl]
[rtl]Rarely does leadership find the sector positively and creatively and turn into business management or a part of it degrades and remains a structure and structures with a low rate of participation in any development process in support of the sector or part of it, and even support for the government program .. and its plans that are essentially unstable.[/rtl]
[rtl]The insurance sector[/rtl]
[rtl]The insurance sector in the countries of the world .... The insurance sector still plays and plays a very important role in the economies of the developed and emerging world and has reached to employ billions of dollars in the economy of these countries in addition to its primary function greater than material for citizens and companies and it is protection from risks that may occur and if they occur they are In the form of vocabulary, most likely, and this protection led to the accumulation of capital for companies in various insurance specialties ... The clear fact is that the state is concerned with this sector, especially in countries with emerging economies. Including Iraq.[/rtl]
[rtl]From here, we note that the interest of the Iraqi official authorities ignored the sector intentionally or unintentionally and the lack of understanding of the role of this sector.[/rtl]
[rtl]Most governments have given a greater role to governmental and private banks in various fields as well as successive Iraqi governments and have not given the insurance sector this role for any reason.[/rtl]
[rtl]It is for a government insurance company to play a role that takes care of the interests of the sector in general ... dividing the shares from the total referrals for general insurance, cars, people, and assigning tasks in various public areas, and individual activity remains in place for companies in a manner that is supervised by an agreed insurance party. In fact, it is a defect in the process The overall economic management of the country and an imbalance in an important cycle of economic sustainability ... and an imbalance in finding a role for insurance in public financial policy, investment, financing and participation.[/rtl]
[rtl]Participation ... Contrary to what banks deal in with the lending process, often unfair, insurance companies take over the principle of participation with the private sector.?[/rtl]
[rtl]We have various designations from banks, but there is no bank or insurance bank and we have not heard or read that it is intended to be established neither by the government sector nor by the coalition of private insurance companies and with the participation of the private sector.[/rtl]
[rtl]We can carry them (insurance companies) with no energy in them. They are 33 governmental and state-owned companies that are involved in decisions and free from activities, and some of them are busy with activities and few supported decisions.[/rtl]
[rtl]... From here we propose that a government company play the role of the central bank vis-à-vis other banks.[/rtl]
[rtl]That is, this company undertakes the preparation and running of the business until the private companies stand at the beginning of the road.[/rtl]
[rtl]It distributes tasks and interests to private companies, and it plays an essential role in establishing the insurance bank (“(the public shareholder…. Government, banks, companies, people, etc.)”).[/rtl]
[rtl]And binding official decisions are obtained from the subject of compulsory insurance on cars, machines, equipment ... etc, and its obligations are distributed among companies.[/rtl]
[rtl]Also, compulsory or compulsory insurance for the insurance of goods imported to Iraq internally, which we totally miss, except for some insurance for foreign companies.[/rtl]
[rtl]Creating insurance on the salary that is subsequently paid to the retired from state employees or workers and in the private and public sectors (and ultimately the end-of-service gift) is better provision with reasonable profit for the person ... the process leads to capital accumulation without risk, which is a positive savings process.[/rtl]
[rtl] What is wrong if it is a type of insurance, in the future, for any person who wishes to deposit an amount for the purpose of exploiting it in the future and accumulating it, to pay a commission more than the banks and be profitable, because it is a fixed, long-term deposit, with compound interest.[/rtl]
[rtl]Financial insurance[/rtl]
[rtl]Is there harm if financial insurance is made for children from the age of one year until he ends the university, or according to desire, financial insurance to provide an amount upon graduation for him for any project and the entity undertakes to provide economic feasibility studies on many projects to the insured savings for free ,,, and have financial support And technically to some extent, with positive participation, will he leave the insurance when he works in the private or public sector, but will continue to do so and from the age of one year to sixty or more and even whoever wants to create an income for him at the end of a certain period away from the conditions of insurance and profitability higher than the benefits paid from Before banks ... as a fixed deposit for a long time ... What is the harm if a polytheist participates in it? Insurance with the insurance bank and the private sector with a unified project for a unified sector or the production of a single commodity, which meets the need of the local market and a productive monopoly for it. Certainly all its interventions are studied, not as current loans falter and scatter, even if the state participates ...[/rtl]
[rtl]Although we do not want specialization for companies and every company has jurisdiction, but provisions are necessary ... We are with specialization in import insurance and production exports in particular, and we have a proposal to establish a bank to support imports and exports.[/rtl]
[rtl]We do not want to enter the stock and bond market because it is unreasonable and has special privacy, because we do not want to rely on the weak to strengthen our project.[/rtl]
[rtl]That reinsurance companies be internal and reciprocal between companies and parties willing or obligatory and in each episode the insurance bank (and what is the damage if he enters, a bank or banks, and other eligibility to cover high financial obligations, and whatever his identity) is included to strengthen the financial position with a facilitated mechanism to protect companies and projects, No, as the private sector suffers from loan problems, and therefore the lending policy fails and accusations begin between it and the banks.[/rtl]
[rtl]With a very strong position being taken to amend the notorious primer law, which is in fact a copy of the Jordanian insurance law, and has many comments, it is not our subject.[/rtl]
[rtl]We did not get into the topic of details, from the history, problems, duties, effects, complexities, and structure of the founding companies. Much has been written about them, including on companies, on governments, and on them.[/rtl]
[rtl]As for the implementation of the process and its legislation ... we emphasize the necessity of forming a committee of interested economists and insurance experts, regarding the importance of the matter and defining the identity and affiliation of companies.[/rtl]
[rtl]Is it the insurance industry, insurance trade, or a bank account, or an independent formula? Does the insurance company carry the identity of the chambers of commerce, the Federation of Industries, or the federation of banks aiming to obtain additional privileges from the sector to which they belong in addition to the privacy of their privileges.[/rtl]
[rtl]Our proposals are to strengthen the most acceptable process in the world for any economic construction and be highly attractive to foreign and even Iraqi investors.[/rtl]
[rtl]For many reasons, among them, the government is unable to provide a pledge of sovereign guarantee, and we do not want to go into details and causes of disability.[/rtl]
[rtl]But a robust insurance system that is financially and legally capable can replace the sovereign guarantee and each case has its own specificity. It is important to agree on the principle.[/rtl]
[rtl]And if the project gets bigger, then the insurance companies and the insurance bank will join hands with other banks.[/rtl]
[rtl]We believe that these proposals are evaluation and strengthening of the insurance sector in Iraq and to take its role in the economic process in Iraq.[/rtl]
[rtl]We have no desire to raise the charges, whether true or otherwise, on this or that.[/rtl]



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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Abdul-Mahdi Advisor: The Chinese agreement is subject to approval of the budget

Post by claud39 on Thu Feb 06, 2020 1:51 pm

[size=35]Abdul-Mahdi Advisor: The Chinese agreement is subject to approval of the budget[/size]


2020-02-06



[size=35]Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Doc-P-333826-637166039737948476
[/size]


The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Thursday that the implementation of the agreement concluded with China is subject to the approval of the General Budget Law for the fiscal year 2020.

The Iraqi News Agency (INA) quoted Saleh as saying, "The implementation of the Chinese agreement is subject to the legislation of the Federal Budget Law for the year 2020," noting that "the agreement projects are an integral part of the public investment budget projects that require approval by the House of Representatives."






He added that "the continued isolation of the Chinese economy from the world to an unknown period, may lead to stumbling the start of projects through what the agreement provides in terms of important implementation aspects through the role of Chinese companies in Iraq strategic projects on the ground," noting that "the problems related to the agreement are all pending On the data of the coming stage and the extent of its expansion, whether at the national level, the general budget legislation, or at the global level, and the lapse of China's isolation and its economy from the world. "


"China is the driving player in perpetuating the momentum of international economic activity, and as far as the matter is concerned, the spread of Corona virus and its effects on the contraction of economic activity in China, whether by halting one third of the industry and important sectors in transportation and communications with the world and the movement of Chinese workers with the world, has taken its reflection at first glance," he said. And directly on the energy market, "noting that" China's consumption rates of imported energy materials, especially oil, are the ones that contracted before others. "

He pointed out that "China consumes about 14 million barrels of oil per day and that more than half of it is imported, that is, by about 8 million barrels of oil. It has temporarily reduced its demand for oil and by more than 22% of its mentioned daily needs due to the shrinking of economic activity," stressing that "if The global demand for oil continues to decline by about 20%, as a potential recession in international economic activity may happen because China represents the second largest economy in the world, whether in gross domestic product or global trade.



https://www.alsumaria.tv/news/%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9/333826/%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D9%85%D9%87%D8%AF%D9%8A-%D8%A7%D9%84%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%A7%D9%84%D8%B5%D9%8A%D9%86%D9%8A%D8%A9-%D9%85%D8%B1%D9%87%D9%88%D9%86%D8%A9-%D8%A8%D8%A5%D9%82%D8%B1%D8%A7%D8%B1

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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty The controversy of our agreement with China

Post by claud39 on Sat Feb 08, 2020 9:24 am

[size=36][rtl]The controversy of our agreement with China[/rtl][/size]

Friday 07 February 2020


Abdul Mahdi is visiting China and these are the most prominent files - Page 2 980-Alsabbaq



Thamer Al-Heims
 
The Portuguese discovered Cape of Good Hope as a road to India and beyond in 1488 CE, and it became known to Arab and Chinese merchants, and Western trade continued thus until the Suez Canal was opened in the last quarter of the nineteenth century to shorten the long road known as Cape of Good Hope.

Thus, international trade seeks to reduce the costs of time and money, and China is now pioneering it through the belt and the historical Silk Road, which has communicated with the Arabs since the introduction of Islam through the establishment of Basra by Ataba Bin Ghazwan.

Now the Silk Road is seeking to resume its activity to reach Europe from the sea via the Iraqi mainland through (Al Faw Port) to Turkey, as Europe, which was included in the Iraqi-Chinese agreement and which started to establish its fund as of 10/1/2019 with projects for the infrastructure in electricity, the oil industry, the petrochemical industry, and housing Through the oil-for-reconstruction program.

Now the debate has intensified between opponents, agreeing and slowing down, and most opponents and approval enthusiasts argue about either a pre-conviction or conclusions that are not based on information. The agreement is financial and can be liquidated at any time Iraq wishes.

Rumors of oil dependence while the cut-off for the purpose of the agreement are less than the internationally held Kuwaiti debts that are supposed to be paid in the next year, and this deduction of the agreement may be organized to expand it, and others have argued that America is resentful and this is not possible, especially since the infrastructure in the American way risked $ 18 billion after 2003, and it was the American company Bechtel, which distributed the contract among 800 contractors, that wasted the results with a very negative result.

Therefore, the Americans and Europeans do not venture into infrastructure projects in an environment that is still unstable according to their standards; that is, unlike China, which works in all environments, and therefore they do not compete in this case. As for the argument, there are international institutions that scrutinize all related matters to ensure conformity of achievement according to the agreement.

Since there is no project before the FAO, which is the cornerstone not only of the agreement, but of sustainable development that requires integrated electricity with the real economy, therefore the FAO becomes a project and a symbol of its importance that is equal to the Suez Canal, as it will become the head of our righteous hope, and China is no less concerned about us and all the road network And the belt that is growing from Asia to Europe and Africa.

As for the concerns of Mubarak Port, the international will supported by China and the choice of the FAO-Turkey road and then Europe are not rivaled by a position in the region according to physical geography, not political, and we cannot miss that the international situation is driven by nothing but interests, as the costs will be less for their goods and the goods of others.





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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Babel signs a memorandum of understanding with Chinese companies

Post by claud39 on Sun Feb 09, 2020 11:34 am

[size=36][rtl]Babel signs a memorandum of understanding with Chinese companies[/rtl][/size]


Sunday 09 February 2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Alsabaah-30257






Babel / Jinan al-Asadi
 

 

Babel Governorate has entered into a memorandum of understanding with a group of Chinese companies specialized in building, construction, industry and development.



The Governor of Babylon, Hassan Mandil Al-Saryawi Agency, said in a statement to "Al-Sabah": The local government in Babylon concluded a memorandum of understanding with the Chinese (Sinomo) group of companies and (Orital) engineering company specialized in the fields of construction, construction, industry and development, within the Chinese agreement signed between the two countries.



He explained that this step comes to reconstruct the infrastructure in the province of Babel and to offer real investment opportunities in various fields, including tourism, energy, agriculture, industry, health, education and other areas. Al-Saryawi pointed out that the local government of Babylon has identified earlier many projects that must be implemented according to this agreement. The company showed great interest in working in the preservation of the local government to prepare all documents, maps and basic designs for projects, as well as obtaining legal approvals from the General Secretariat of the Council of Ministers and the ministries of planning and finance.



For his part, Sadiq Al-Fayhan, Vice President of the Chamber of Commerce in Babylon, told Al-Sabah that the conclusion of such agreements contributes significantly to moving the economic wheel of the province because it supports infrastructure projects, and thus will improve the services provided to the residents of the province, stressing that the completion of projects by Chinese companies will have a positive impact on the economy of Babylon and its development, stressing that it is an advanced step for the advancement of the economic reality of the province.









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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty The Washington Times: Iraq's accession to the Chinese Belt Initiative is a challenge to US hegemony

Post by claud39 on Mon Feb 10, 2020 12:52 pm

The Washington Times: Iraq's accession to the Chinese Belt Initiative is a challenge to US hegemony
02/10/2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Photo_%D9%A2%D9%A0%D9%A2%D9%A0-%D9%A0%D9%A2-%D9%A1%D9%A0_%D9%A1%D9%A0-%D9%A5%D9%A3-%D9%A0%D9%A9-696x406




Information / translation ...



A report of the American Washington Times reported on Monday that Iraq’s transformation of the Chinese Belt and Road Initiative is a challenge to US hegemony in the Middle East.



"The economic path of China in the twenty-first century, as it establishes billions of dollars in partnerships with Iraq, Pakistan and even war-torn Syria to provide fuel, is in pursuit of China replacing the United States as the world's superpower ," the newspaper said in its report, translated by Information Agency .



"According to analysts, the unexpected announcement by Iraq last fall of its intention to join the massive belt and road initiative in Beijing is just an example of the rapidly growing economic footprint of China in the Middle East," she added.



"China views the region as fertile soil for investments in water networks, roads, bridges, electrical networks and other essential parts of the infrastructure that have not been fully developed at all or that have been severely degraded by decades of war," she added.



She indicated that “China has pumped $ 24 billion in Iraq since 2005, and the vast majority of this amount is in energy projects, according to the China Global Investment Tracker, a project of the American Enterprise Institute and Heritage Foundation,” noting that “China has invested throughout the Middle East. North Africa is about $ 200 billion over the past 15 years, and this number is expected to increase dramatically over the next decade as the Belt and Road strategy enters its next stage. ”



She explained that, "despite the large American military presence in Iraq , China is the second largest trading partner of Iraq and the second largest supplier of the huge Chinese oil market."



The newspaper noted in its report that “For the United States, which is fighting a sharp struggle for influence in Iraq with neighboring Iran , the economic influence of China carries serious geopolitical repercussions because the flow of money to countries like Iraq strengthens the ties of those countries with Beijing and limits American hegemony in the east The middle. ” Ended / 25 z






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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Experts: China will need Iraqi oil until 2060

Post by claud39 on Mon Feb 10, 2020 12:54 pm

Experts: China will need Iraqi oil until 2060
10/02/2020







Abdul Mahdi is visiting China and these are the most prominent files - Page 2 %D8%A7%D9%84%D9%86%D9%81%D8%B7-696x435








The information / Baghdad ..



The advisor to the Prime Minister for Economic Affairs, Mazhar Muhammad Salih, confirmed on Monday that the experts' estimates indicate that China will need Iraqi oil until the year 2060, while he pointed out that the Chinese agreement covers many areas.



"The agreement with the major Chinese companies includes many fields, including dams, water, agriculture and infrastructure, and these companies will provide thousands of job opportunities for the Iraqis," Saleh said in statements followed by the information.



He explained, “ Iraq and China signed the Memorandum of Understanding, as the Iraqi Ministry of Finance was the party signed by Iraq , the Chinese Warranty Agency on 11-5-2018, and the Cabinet approved this, and this agreement was followed by the signing of a supplement in exchange for the export of 100,000 Iraqi oil barrels. To China. ”



Saleh pointed out that "Iraqi oil exports to China amount to 22 percent, and China is the number one importer of oil from Iraq , so Iraq is a true partner to China," stressing that "China needs Iraqi oil until 2060, according to an expert assessment." Ended / 25



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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty The Silk Road from an accounting point of view

Post by claud39 on Sun Mar 01, 2020 5:19 pm

[size=36][rtl]The Silk Road from an accounting point of view[/rtl][/size]


Sunday 01 March 2020



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 980-Alsabbaq






Mostafa Mohamed Ibrahim 
 
Many specialists in economic and financial affairs ask: What are the accounts that will be between Iraq and China?
 How do we conduct accounting and recording treatments between the two countries? 



This is what comes to the minds of many academics and those concerned with economic affairs, as there are four accounts that will be present in the Central Bank of Iraq, offset by four accounts in the same name on the Chinese side:

The first is the Settlements account, which is the first account that receives the net oil revenues that will be allocated to finance the reconstruction projects that are contracted under under the framework cooperation agreement with the best Chinese companies in the field of infrastructure or other and decided by the Iraqi government and approved within the Federal General Budget Law. In other words, this account includes depositing the net oil revenue (after deducting the Kuwait war compensation, which is currently 1.5% of the value of each barrel exported to the agreement for the year 2019 or 3% of the value of each barrel of oil exported in the year 2020 and beyond) to be deposited after what Its value is 10% of the net proceeds of our monthly exports to China in this account, which is the value assigned to implement the agreement within the export mechanisms and for two well-known Chinese government companies and daily oil exports, and about 100 thousand barrels per day and issued equally to them.
 

The second. 



The second is the account group called DSRA, which is the second account for hedging purposes and is devoted to debt servicing. Rather, it is a hedge account that includes amounts that correspond to the future need to pay the debt service when borrowing from Chinese banks that will be guaranteed by Sinosure to ensure the financing of reconstruction projects implemented in Iraq that show the need for The actual additional financing for it (especially hedging against insufficient funding, net of oil export revenues for the implementation of projects by Chinese companies implementing or to be implemented under the agreement in Iraq. 
The mechanism requires that reserve amounts be placed in this account equal to a minimum of 150% or 1.5 times the value of debt servicing on projects for a period of 6 months. 



coming. As for the third account group, it is the Repayment Account group. The account also represents the deposit of the contribution of the Iraqi side as a percentage of the loan amounts that Iraq will receive from Chinese banks with the guarantee of the Sinosure Foundation, as the amounts to which Iraq will contribute will be deposited and recorded in that account (re-payment account) amounting to 15% of the value of each loan and transfer from the third account or the second account DSRA, as Iraq will always receive credits equivalent to 1, $ 8 billion within the credit limit of $ 10 billion, Iraq contributes 15% to it in the repayment account to pay interest and installments on the debts that are due, and that the remaining 85% represents the net credit or borrowing provided by the Chinese side through loans provided by Chinese banks To the contracting companies and within the credit limit and according to a competitive interest when borrowing or borrowing and according to an offer or tender offered by the Ministry of Finance in the Chinese credit market, which is the offer or similar bid for the competitive mechanisms that are dealt with with British banks or others within Guarantee of UK Export Finance (UKEF) loans in the capital market in London at the time
 the present.



As for the group of the last account, it is the investment account, as any surplus Iraqi funds will not be used in this account in the third account, and the funds will be at the disposal of the Iraqi government, whether to finance projects (in Iraq) by Chinese companies, or international companies, or for processing, This is in accordance with the Federal Budget Law (whether it will be among the projects funded by the (Sainoshore) guarantee which is the guarantor guarantor, or other projects outside the framework agreement with 
Signushor.



In conclusion: The Sino-Iraqi agreement (the Silk Road) remains suspended until the general budget for 2020 is approved by the Council of Ministers and the House of Representatives in addition to political stability in Iraq and security similar to the stability of the Chinese (Belt and Road) initiative with their intentions
 Sincere.









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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Re: Abdul Mahdi is visiting China and these are the most prominent files

Post by Captain259 on Sun Mar 01, 2020 7:53 pm

DINAR IS FINISHED---BURN IT----

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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty One billion dollars is the amount of money accumulated in the Iraqi-Chinese agreement

Post by claud39 on Sun Apr 05, 2020 9:56 am

One billion dollars is the amount of money accumulated in the Iraqi-Chinese agreement


04/04/2020



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 5260





The Economy News - Baghdad

On Saturday, the Prime Minister’s Advisor on Finance revealed the appearance of Mohammed Saleh, the amount of money accumulated in the sovereign account of the Chinese agreement.

Saleh said in a statement reported by the official news agency "conscious" and viewed by "Al-Iqtisad News", that "the Iraqi-Chinese agreement that extends for twenty years is still in force", pointing out that "the accumulated Iraqi sovereign funds for the benefit of the agreement, perhaps amounted to about one billion dollars Since it was activated in mid-October last year. "

He added that "activating the agreement is still awaiting the disappearance of two basic restrictions. The first relates to the legislation of the Federal General Budget Law for the year 2020, to allow the adoption and implementation of approved projects, especially infrastructure projects," noting that "the second factor is the return of China to the international economic scene and its openness again to the world." .

He added that "China is still subject to the application of coercive measures in addressing the Corona pandemic," noting that "the restrictions imposed, whatever they are, are a global phenomenon at present, and not limited to China alone."





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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty China prepares to complete a "lifetime" oil deal in Iraq

Post by claud39 on Sun Apr 05, 2020 6:18 pm

China prepares to complete a "lifetime" oil deal in Iraq



04/05/2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 %D9%86%D9%81%D8%B7-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82








Shafak News / China recently eased quarantine measures in Wuhan, from which the outbreak of the new Corona virus began, with the lifting of the closure completely on April 8.

With President Xi Jinping visiting the city in the past days, the industrial economy across China has returned to work, although the service sector is still cautious, according to US oil price website Oil.

As for the oil sector, this means that China will return to work from where it left off, and resume its activities to explore and develop new opportunities.

There is no clearer indication of that, from last week’s China move, to award an engineering contract worth $ 203.5 million to the giant Majnoon oil field in Iraq’s Basra, to the unknown Chinese Petroleum and Construction Engineering Company (CPECC).

Oil Price indicates that China is racing against time to complete what has been called a "lifelong oil deal" with Iraq. With the United States preoccupied with fighting Corona, Beijing has a good reason to believe that it is open to it in Iraq, according to the site.

In particular, this means continuing to develop opportunities for oil and gas fields in geopolitical areas, such as Iraq, on the basis of renewed contracts for specific work implemented by companies outside the US radar such as the China Petroleum Engineering and Construction Company.

This method is also adopted by Russia, and the focus in it now is on Iraq and Iran, the two countries that are located in the middle of the Middle East and are essential to China's multi-generational strategy of "one belt, one path", and Russia's continuous attempt to confiscate the entire Middle East.  

And before the United States became aware that China was working covertly with Russia to save money, Iraqi politicians offered China a tremendously profitable deal to develop the Majnoon field, according to the article.

Specifically, the terms of the deal stipulate that China will obtain a 25-year contract, which will enter into force two years after the date of signature. This allows China, according to Oil Price, to generate more profits on average annually and less upfront investment.

At the end of 2017, Iraq began taking over the management of the Majnoon field from the Dutch-British Shell Company, which decided to withdraw from it by mutual consent. The handover process ended in March   2018. Basra State Oil Company took over the operations in the field after the withdrawal of Shell, which Baghdad chose in 2009 to develop the field, which has an estimated reserve of 12.58 billion barrels. 

Iraq announced plans to increase production in the Majnoon field to 450,000 bpd in 2021.







https://shafaaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D8%A7%D9%84%D8%B5%D9%8A%D9%86-%D8%AA%D8%B3%D8%AA%D8%B9%D8%AF-%D9%84%D8%A5%D8%AA%D9%85%D8%A7%D9%85-%D8%B5%D9%81%D9%82%D8%A9-%D9%86%D9%81%D8%B7-%D9%85%D8%AF%D9%89-%D8%A7%D9%84%D8%AD%D9%8A%D8%A7%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/
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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Al-Tamimi: America seeks to use Iraq as a weapon to fight China economically

Post by claud39 on Mon Apr 20, 2020 1:29 pm

Al-Tamimi: America seeks to use Iraq as a weapon to fight China economically


20/04/2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 %D8%A7%D9%84%D8%B5%D9%8A%D9%86123-696x387







Information / private

, the economic expert Wissam Al-Tamimi said, on Monday, that the American side is seeking to acquire Iraqi investment projects with the aim of fighting China economically, pointing out that the success of the American conspiracy or not depends on the decisions of the new government and the extent of its inclination to China and America.

Al-Tamimi said in a statement to "Information", that "the American-Saudi game to control and dump oil markets aims to overturn the global economy and dominate the prices of oil exchanges."

He added that "China is America's first enemy in the economic field, and the agreements concluded by Iraq with the Chinese side represent a challenge to America, which Iraq is its first field of investment , and therefore it will try to use
And that "the coming days will clear many of the government’s milestones, as Washington awaits its formation in order to start its new political projects, the most important of which is control over investment projects, especially since America lost a lot of money during the outbreak of the Corona virus, and may use methods of intimidation and intimidation to reduce the number of Chinese projects." In Iraq, if you cannot cancel the agreement between the two countries. 


25 n ended





https://www.almaalomah.com/2020/04/20/469582/
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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Planning reveals projects intended for completion within the Chinese agreement

Post by claud39 on Tue Apr 28, 2020 9:59 am

Planning reveals projects intended for completion within the Chinese agreement


04/28/2020



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 8732







The Economy News - Baghdad



On Tuesday, the Ministry of Planning revealed projects intended for completion within the Chinese agreement.

Minister of Planning, Nuri al-Dulaimi, said in a statement reported by the official news agency "conscious" and reviewed by "Al-Iqtisad News", that "the ministry prepared plans for large projects within the Chinese agreement, including the Fao port project and cities and main roads projects," noting that "the Chinese agreement still exists and has been Project preparation, but it was interrupted by the caretaker government. "

Al-Dulaimi added that "the amount of the cost of 100 thousand barrels within the agreement of the Chinese bank stopped due to problems with oil sales, and the deduction will continue, and it is possible that work will start with it." 

The financial advisor to the Prime Minister, Mazhar Mohamed Saleh, had confirmed earlier that the implementation of the agreement concluded with China depends on the approval of the General Budget Law for the fiscal year 2020, and the end of the isolation of the Chinese economy.

Saleh said in statements followed by "Economy News", "The implementation of the Chinese agreement is subject to the legislation of the Federal Budget Law for the year 2020," noting that "the agreement projects are an integral part of the general budget investment projects that require approval by the House of Representatives."





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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Government counselor: The Chinese agreement is continuing and will be linked to the Construction Council

Post by claud39 on Wed May 06, 2020 7:08 pm

[size=35]Government counselor: The Chinese agreement is continuing and will be linked to the Construction Council[/size]


05-05-2020



[size=35]Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Doc-P-344186-637242809388329055
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The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Tuesday the continuation of the agreement with China, while noting that it is linked to the Construction Council.


Saleh said in an interview reported by the Iraqi News Agency, that "the Chinese agreement extends to 20 years," considering that "the returns of 100,000 barrels allocated to the mutual fund do not allow large investments."
 
He added that "the agreement with China exists and is continuing in the field of infrastructure and will be linked to the establishment of the next construction council, which will have resources independent of the budget." .





 
In September 2019, Iraq and China signed eight agreements and memoranda of understanding at the end of talks held by Abdul-Mahdi on his visit to Beijing.




https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/344186/%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%AD%D9%83%D9%88%D9%85%D9%8A-%D8%A7%D9%84%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%A7%D9%84%D8%B5%D9%8A%D9%86%D9%8A%D8%A9-%D9%85%D8%B3%D8%AA%D9%85%D8%B1%D8%A9-%D9%88%D8%B3%D8%AA%D8%B1%D8%AA%D8%A8%D8%B7-%D8%A8%D9%85%D8%AC%D9%84


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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Chinese "Recon" wins a contract in the Al-Gharaf oil field

Post by claud39 on Thu May 07, 2020 9:27 am

Chinese "Recon" wins a contract in the Al-Gharaf oil field


05/07/2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 17259



The Economy News - Baghdad



The Chinese company "Recon Technology" announced, on Thursday, that it has signed a sub contract for engineering and construction services worth $ 2.8 million with Grand Energy Development Limited in the heavy oil transportation system project in the Gharraf field in Iraq.

According to the subcontract, "Recon" company should implement all engineering design services, provide technical support for procurement, construction, commissioning and provision of training services for the heavy oil transportation system project.


As part of the project, the heavy oil pipeline will be built with a total intended capacity of 275,000 barrels per day to support the goal of producing the Al Gharraf field by providing services under the project.

The Al-Gharaf oil field is located in Dhi Qar Governorate in Iraq, about 5 km northwest of Al-Rifai city and 85 km north of Nasiriyah. The oil field is 17.5 km long and 5.5 km wide. Oil reserves are estimated at 1.3 billion barrels.


Based on the final development plan approved by the government in 2018, the oil field is undergoing further development in stages to achieve crude oil production of 230 thousand barrels per day by the end of 2020.



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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty Parliamentary Economic intends to open the Iraq and China agreement file after resolving the vacant ministries

Post by claud39 on Mon May 11, 2020 6:03 pm

Parliamentary Economic intends to open the Iraq and China agreement file after resolving the vacant ministries




- 05/11/2020





Abdul Mahdi is visiting China and these are the most prominent files - Page 2 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D8%B5%D9%8A%D9%86-696x435










Information / private ...



The Parliamentary Economy and Investment Committee announced, Monday, its intention to open the file of the Iraqi-Chinese agreement after completing the resolution of the vacant ministries, stating that the Al-Kazemi government program is free of them.



A member of the Economic and Investment Committee Nada Shaker said to "Information" that "the government program of the Al-Kazemi government has neglected many important economic matters in light of the current difficult economic situation."



She added that "the government program did not refer anything to the Iraqi agreement concluded with China," noting that "the committee intends to open the file of the agreement after completing the designation of the remaining vacant ministries."



Shaker explained that "the committee will host the relevant authorities in the government in the Ministry of Finance and related ministries and departments to open the file and the mechanism for dealing with the terms of the agreement." Ended 25 and



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Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Empty The Prime Minister receives an invitation to visit China

Post by claud39 on Sat May 23, 2020 1:42 pm

The Prime Minister receives an invitation to visit China




Saturday 23 May 2020 



Abdul Mahdi is visiting China and these are the most prominent files - Page 2 Irq_690535594_1590251425



Baghdad / ... Prime Minister Mustafa Al-Kazemi received, on Saturday, an invitation to visit China while praising her support for Iraq in facing the Corona pandemic.


"The Chinese ambassador in Baghdad, Mr. Zhang Tao, welcomed the ambassador and congratulated Mr. Al-Kazemi on his assumption of the premiership, conveyed the greetings of the Chinese premier, and China's aspiration to develop relations with Iraq," Al-Kazemi's media office said.


"China supports Iraq in international affairs, in a manner that enhances its sovereignty and territorial integrity, and also supports anti-terrorism efforts," Mr. Zhang Tao said, extending an invitation to Mr. Al-Kazemi to visit Beijing.



For his part, Al-Kazemi thanked the Chinese Ambassador for the congratulations, stressing that "Iraq appreciates China's support in the fight against the Corona pandemic, and looks forward to strengthening economic cooperation in a manner that addresses the current crisis caused by the decline in oil prices, as well as strengthening the investment presence of Chinese companies in Iraq in the areas of energy and strengthening them In the agricultural field to develop fertile, non-cultivated land. 


" Finished 2






https://aynaliraqnews.com/index.php?aa=news&id22=134249
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