After resolving outstanding issues ... the Chinese agreement will enter into force soon
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
After resolving outstanding issues ... the Chinese agreement will enter into force soon
After resolving outstanding issues ... the Chinese agreement will enter into force soon
2021-05-05

Shafaq News / China confirmed, on Wednesday, that its agreement with Iraq will be activated soon after resolving some of the technical issues of this agreement, while it indicated that the experience of the Road Belt will bring fruitful rules and results for the Iraqi people.
The commercial advisor at the Chinese embassy in Baghdad, "Xu Chun", said in a hypothetical press conference attended by Shafaq News Agency that with the signing of the agreement, Iraq is communicating with China on how to implement the agreement as soon as possible, indicating that the Chinese Insurance Corporation, Sinoshur, the Iraqi Ministry of Finance and the Iraq Reconstruction Council have contacted to find Solutions to some of the technical issues pending in the agreement.
The trade advisor confirmed that "the two sides found appropriate solutions to the technical issues," stressing that "the agreement will be implemented soon."
He pointed out that "infrastructure projects are important for cooperation between China and Iraq," stressing that "Chinese companies are in close contact with Iraq on establishing projects for schools, electricity, water supply, airports, in addition to power stations."
He pointed out that "Chinese companies play a role in building power stations and are working on completing four power stations, namely Rumaila, Maysan, Samarra and Basra," considering that these stations would reduce the electricity shortage in the country.
For his part, Chinese Deputy Ambassador to Iraq, "Jian Fangning," affirmed that the volume of completed projects in the Belt and Road Initiative announced by China increased by 19.4 percent, pointing to cooperation with 140 countries and 31 international organizations and the signing of a cooperation document with 19 Middle Eastern countries in this project.
"The initiative is represented by the basic principles, which are policy coherence, infrastructure interdependence, continuity of work, exchange of roles and finally understanding peoples," he added, stressing that "this initiative has led to many concrete issues for peoples and countries on this path."
He pointed out that "Iraq has developed a cooperation document on the Road Belt project with China in 2015, and as a result there will be infrastructure projects that will bear fruit in a tangible way."
He pointed out that "China, according to the Road Belt Initiative, is keen to continue cooperation with Iraq to achieve mutual benefit," stressing that "the experience of the Belt of Road will bring fruitful rules and results to the Iraqi people."
It is noteworthy that the Belt and Road Initiative, launched by the People's Republic of China since 2013, entered Iraq for the first time with a series of memoranda of understanding and agreements signed by the Iraqi and Chinese governments in Beijing on September 23, 2019, and the agreements extend for twenty years, based on the principle of oil for reconstruction in the infrastructure of Iraq and that the agreement It is based on depositing the sums of 100,000 barrels of Iraqi exports to China in a secure bank account, and its money is used to spend on reconstruction and construction projects related to the lives of the people.
China's desire to develop its economic relations with Iraq stems from the framework of its global program called the Belt and Road Initiative, inspired by the idea of the ancient Silk Road, which paves the way for enhancing communication, investment, trade and capital flow between China, Asia, Africa and Europe.
The "belt" consists of projects linking China to Europe through Asia and the Middle East by land, while "the road" refers to projects linked by sea routes linking China with Africa and the Middle East through Southeast Asia and South Asia and all the countries that signed the initiative with Beijing.
https://shafaq.com/ar/%D8%A7%D9%82%D8%AA%D8%B5%D9%80%D8%A7%D8%AF/%D8%A8%D8%B9%D8%AF-%D8%AD%D9%84-%D9%82%D8%B6%D8%A7%D9%8A%D8%A7-%D8%B9%D8%A7%D9%84%D9%82%D8%A9-%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-%D9%8A%D8%AF%D8%AE%D9%84-%D8%AD%D9%8A%D8%B2-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D9%82%D8%B1%D9%8A%D8%A8%D8%A7
claud39- VIP NewsHound
- Posts : 18367
Join date : 2018-11-04

» Abdul Mahdi is visiting China and these are the most prominent files
» Abdul Mahdi is visiting China and these are the most prominent files
» Smith calls on Kuwait to "turn the page of the past" and the latter calls for facilities
» Paris demanding Baghdad resolving outstanding issues with Kuwait
» Abdul-Mahdi: I will lift the parliament request for my resignation
» Abdul Mahdi is visiting China and these are the most prominent files
» Smith calls on Kuwait to "turn the page of the past" and the latter calls for facilities
» Paris demanding Baghdad resolving outstanding issues with Kuwait
» Abdul-Mahdi: I will lift the parliament request for my resignation
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Textbook Tony
» Angela Hitler gathers lieutenants in Germany to mourn loss of Fourth Reich
» 10 years of the new notes came out!
» The Association of Brokerage Companies: Changing the dollar exchange rate contributed to raising the value of Iraqi shares
» Iran: Exports to Iraq amounted to $9.5 billion
» Al-Hakim calls for choosing the next prime minister within specific criteria
» What does Iraq look in a post-Sadr era?
» Sadrist leading figure to the Coordination Framework: the fire you made will burn everyone
» Iraqi parliament swears in new members to replace Sadrists
» USD/IQD closes slightly lower in Baghdad
» Norway offers US$ 7.5 million to Iraq
» Asia's thirst for cheap Russian oil hits Opec's No 2 producer Iraq
» Iraq’s exposure to US securities was up to about $28 billion in April
» The Central Bank: We have taken effective measures to protect the banking sector and combat money laundering
» Al Qirtas Islamic Bank - The first use of modern systems from DN SeriesTM ATMs in Iraq
» The Central Bank of Iraq: We launched 17 trillion dinars of development initiatives
» Central: The Letter of Guarantee platform issued more than 30,000 letters, worth 9.3 trillion
» The Governor of the Central Bank discusses obstacles to the work of Islamic banks with the International Rating Agency
» The Central Bank of Iraq decides to sell the dollar to pilgrims at the official exchange rate
» The central bank is moving at a steady pace to support and revitalize the economy
» The central electronic platform for letters of guarantee enhances confidence in banking transactions
» Who's on First?
» Frank26 says - From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate
» Becky McGee/Oootah - "Wanted: Attorney and/or Lawyer!" 3/10/19
» Meta 1 Coin Has Crack Team Of Lawyers? Why Is Dave Schmidt Still Rotting In Jail?
» California pot shops prepare for their first day of legal recreational marijuana sales TODAY
» One Crazy Guy
» CBI sells $1+ billion in forex for second week in a row
» Iraq and the World Bank hold a workshop to develop public debt management
» Combating financial crimes enhances confidence in the banking sector
» Forex-US dollar notches in Baghdad
» USD/IQD closes lower in Baghdad
» What Happens when Cancer is treated with Cannabis? VIDEO
» VIDEO: Viral Hydroxychloroquine Doctor Demands Joe Biden Apologize After Media Finally Acknowledges HCQ Works
» USD/IQD closes slightly higher in Baghdad
» CBI sold +3$ billion in forex in May
» Finance agrees with the World Bank to help Iraq by activating the General Authority for Taxes
» Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside
» The Central Bank prevents Visa and Master card holders from giving them to any party