Thread: Iraq/Dinar News Until 5/3/07 Midnight CST.

More pressure on the dinar (as long as it is pegged at this rate, it's value drops with the dollar):

Dollar slumps to record low against the euro

NEW YORK - The dollar slumped to a record low against the euro on Friday as weak U.S. growth figures reinforced fears of a widening economic disparity between Europe and the United States.

The euro's surge will not be kind to Americans visiting Europe this summer, who will pay more for hotel rooms in Rome, entrance fees at the Louvre and chocolates in Belgium.

The euro hit $1.3682, shooting past its previous high of $1.3667 from December 2004, after the U.S. Commerce Department reported that economic growth slowed to a 1.3 percent annual rate in the first quarter, its weakest performance in four years.

The 13-nation currency then settled back to $1.3655 in late European trading, still up from its $1.3601 level in New York late Thursday.

“After some mixed figures ... the euro has broken through its previous all-time,” noted James Hughes, a market analyst at CMC Markets in London, adding that they saw some buy orders as high as $1.3681.

The euro also hit a record against the Japanese yen after inflation data from Germany, coupled with improved business and consumer sentiment, pushed it to 162.91 yen, up from the previous high of 162.53 yen on Thursday.


A higher euro makes goods from the euro-zone more expensive for customers abroad, or cuts into manufacturers’ profits if they try to keep the U.S. dollar price of products constant.

Along with the rise in the British pound, which broke through $2 earlier this month for the first time in nearly 15 years, the stronger euro makes visits to much of Europe more expensive for travelers from elsewhere and makes shopping trips to the U.S. more appealing to Europeans.

Philadelphia physicians Ritu Pierce, 31, and Donna Roy, 36, had to make adjustments during their trip to Rome.

“It’s definitely different from the past, when you could travel around Europe, especially in countries like Greece, with a small amount of money,” said Pierce.

“We don’t want to shorten our stay, so we are finding low-profile hostels to sleep and grocery stores to get pizza or wine for cheap,” Roy said. “Thank God, Rome has a lot of free beauties to offer, like monuments and beautiful piazzas. You don’t need money to enjoy that.”

Karen Sebastian, an American high school teacher visiting the Brandenburg Gate in Berlin with a group of high school students from Brattleboro, Vermont, was startled by the dollar’s slide.

“I am glad that I changed all my money before I came. It was a great shock when I saw what the exchange rate was,” Sebastian said.

On Friday, the British pound was trading at $2.0022, up from $1.9910 late Thursday. The dollar fell against the yen, dropping to 119.41 yen from 119.63 yen in New York.

The euro had been tantalizing close to a new high for nearly two weeks, climbing to $1.3664 on Wednesday. But expectations for poor U.S. economic results had traders certain that Friday would be the decisive point.

The reading of U.S. gross domestic product, considered the best barometer of the country’s economic fitness, was the weakest since a 1.2 percent pace registered in the opening quarter of 2003. It underscored just how much momentum the U.S. economy has been losing as it copes with the strain of the troubled housing market.

The dollar’s woes aren’t confined to Europe: It is at a 17-year low against the Australian dollar, hovering near 26-year lows against the British pound and at an all-time low against the Chinese yuan.

How did that come to pass? A combination of factors, said Howard Archer, chief U.K. economist of Global Insight in London.

“The U.S. dollar has been pressurized significantly by softer U.S. growth, concerns over the housing market, and the increased possibility that the Fed will cut interest rates later this year,” he said.

If the Fed starts cutting interest rates from the current level of 5.25 percent while other regions are still raising theirs, capital movement into the U.S. could suffer, Archer said.

“This is potentially worrying for the dollar,” he said.

The euro rose from a low of 82 U.S. cents in October 2000 to the previous high of $1.3667 on concerns over the enormous U.S. trade and budget deficits.

But a string of rate increases by the Federal Reserve had helped cushion the decline of the dollar. Higher interest rates, used to combat inflation, can bolster a currency by making certain types of investments more attractive.

Of late, the Fed has left rates unchanged even as the European Central Bank has steadily increased the cost of borrowing.

The euro began its recent run against the dollar on April 12, after the European Central Bank held its benchmark rate steady at 3.75 percent but set the scene for a raise to 4 percent in June.

An increase would be aimed at countering threats of inflation in the euro zone, a bloc of 317 million people that accounts for more than 15 percent of the world’s GDP.

How high could the euro climb against the dollar? Not very far, most analysts said, noting that a major increase could lead the ECB to stop raising rates or even start cutting them.

Commerzbank economist Michael Schubert said the euro is likely to rise in the coming weeks “owing largely to speculation” but will likely retreat to $1.30 by end of 2008.

Taxes revenues expected to increase 50%
Tax awareness is rising among the public
Translated by IRAQdirectory.com - [27/04/2007]

General manager of the Taxes General Institution, Talib Muhsin Jabir Abu Gaillah, expected that tax revenues will rise by 50% from what they were last year, praising the role played by private sector companies in support of those revenues through their continuous respond to tax and avoid tax evasion, while representatives of some private sector companies called to raise customs deductions on goods and materials entering Iraq in order to activate the role of local industry.

Abu Gaillah added in a symposium organized by the Institution along with a number of representatives of private sector companies: The Institution constantly seeks to support the local product and Iraqi private companies through reducing or eliminating tax deductions on them, pointing out that this step was taken in an effort to raise the productive capacity and to support local Iraqi industry in order to make it a strong competitor of the imported goods.

He also explained that the cuts’ rate is minimum compared with the neighboring countries that impose high tax rates on their corporations, but the Institution had consistently supported Iraqi economy and encouraged domestic or foreign investment.

Abul Gaillah confirmed that the first quarter of the current year witnessed all the achievements planned for and anticipated at the same time the increase of tax income rates for this year by 50% compared to last year's revenues, which exceeded (300) billion Iraqi dinars which formed 3% of the total budget.

A number of private sector representatives participating in the symposium called for accelerating the drafting of high customs deductions on imported goods which would help to promote the country’s industrial status.. They said in their conversations during the symposium: Many of the materials and goods coming across the Iraqi border are not covered by tax deductions which led to the suspension of the local industry almost completely, pointing out that many of the goods entering are not compatible to the specifications and metrology of the Quality and Control Body and often have less quality than the local product.

They also called for exempting the local product from tax deductions in order to support and encourage the factories producing it... The representative of Bunnia group companies, Hashim Jassim, said that local industry is facing great pressure by not providing the proper environment represented by the insufficiency of fuel, and opening the borders to imported goods, in addition to many other obstacles standing in the way of industry.

Hashem added: it is very difficult to apply pure tax rules without any tolerance and not protecting the local industry from imported goods, and not supporting industrial projects, noting that it is very difficult for Iraqi industry to compete with goods entering Iraq. Representative of Iraqi Federation of Industries, Abd Jassim Hameed, considered it unlikely for taxes to be one of the impediments that are preventing the growth of industry in Iraq, indicating that the problem of industry lies in the deterioration of the security situation and the migration of capitals and professionals.

Hameed said the problem of the private sector is not in taxes, but there are many other constraints led to the weakening of this sector, where most industrial zones suffer from the lack of security, in addition to flooding the market with imported foreign products of low-quality, which have negatively impacted the sector.

Representative of Talal Albehrani commercial group companies, Yassir Isam, has proposed supporting industrial companies through supporting the final product by exempting it from tax deductions.

http://www.iraqdirectory.com/DisplayNews.aspx?id=3688

The Sharm el-Sheikh launched the Marshall Plan to achieve stability
(Voice of Iraq) - 28-04-2007

Cairo - Ankara-Kuna-Reuters : The Magazine (Ahram) reported in its edition today that the Sharm El-Sheikh conference for the neighboring countries of Iraq would draft a new Marshall achieve stability and security for the Iraqi people through the launch of the document the international community on this country.

The magazine quoted an unidentified diplomatic sources as saying that the document the link between the new Iraqi government to fulfill its political and security responsibilities in return for the fulfillment of the international community and donor States and organizations granting Iraq pledges contained numerous aid and grants and raising debt and assistance in the reconstruction and economic stability.

She added that about 80 delegations from countries and organizations, regional and international funding will participate in the Sharm El-Sheikh conference to be held in the third and fourth from next month, arguing that the draft contains new Marshall Plan for a detailed explanation of the Iraqi government in the next five years at the security, political, legislative and economic.

The magazine pointed out that the agenda of the upcoming meetings in Sharm el-Sheikh will start preparatory meetings next Wednesday at the senior officials level delegations participating followed the next day by meetings of the International Research Initiative for Iraq.

She stated that the Arab neighbors of Iraq in addition to Egypt and Bahrain will hold a meeting next Friday morning followed by an expanded alliance with the five permanent members of the UN Security Council and the major industrial countries (G 8) and the Trustees of United Nations organizations, the Arab League and the Islamic Conference followed by a press conference expanded.

Meanwhile, the Hoshyar Zebari, the Foreign Minister of Iraq, Iran has not yet decided whether to take part in the meeting to be held in Egypt to discuss ways of ending the sectarian violence in Iraq.

He added Zebari, who visited Tehran recently that one key sticking points regarding Iran are the prospects of dialogue with the United States.
Zebari said in a conference in Ankara "This will be the first meeting between the United States and the Islamic Republic of Iran .. The first meetings to be difficult .. Interactions and gestures and nature of seating .. Etc.. "

The Foreign Ministry said that the American Secretary of State Condoleezza Rice will participate in the high-level international meeting to be held in Sharm el-Sheikh in the third and fourth of May, where the United States would be open to direct talks with Iran on Iraq.

Zebari said he appealed to the Iranian government and to throw its weight participate in the discussions of security, he added, "your absence or weakness of your representation is not useful to you or to us. So, we said, with all our strength to participate in a constructive way in this meeting. "
In response to whether Iran would refrain from participating until the release of the five Iranians arrested by American forces said Zebari "discussed this in a clear and detailed .. Please do not try to link your participation and the immediate release of these people. "

Zebari said he hoped to attend the meeting and Iran continued, "I am very optimistic, including reputation of the President (Ahmadinejad) and Foreign Minister (Manouchehr Mottaki) that they would determine their position very soon and we hope that this is in the direction of supporting the meeting ... But I do not want to jump to any conclusions. "


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Difficulties and challenges facing the international community and the efforts

(صوت العراق) - 28-04-2007

(Voice of Iraq) - 28-04-2007

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صعوبات وتحديات تواجه مؤتمر العهد الدولي وجهود اميركية وعراقية لانجاحه

Difficulties and challenges facing the international community and the American and Iraqi efforts to make it a success

صحيفة (واشنطن بوست): كشفت مصادر مطلعة ان جهود العراق والولايات المتحدة الرامية الى كسب دعم دولي للمساعدة في بسط الامن والاستقرار في العراق تواجه صعوبات جدية في ظل رفض دول رئيسية لمقترحات باطفاء الديون فضلا عن الخشية من دعم حكومة عراقية فشلت في تنفيذ الكثير من الوعود السياسية.

The newspaper (The Washington Post) : Well that efforts by Iraq and the United States efforts to win international support to help establish security and stability in Iraq is facing serious difficulties due to the rejection of the major proposals to extinguish debt, as well as fears of supporting Iraqi government failed to implement many of the political promises.

وكانت الكويت وروسيا والصين وايران وحكومات اخرى قد ابدت تحفظها حيال التوقيع على مقترح قرار يدعو الى اطفاء كامل للديون العراقية التي تبلغ عشرات المليارات من الدولارات في شكل ديون وتعويضات حرب.

The Kuwait, Russia, China, Iran and other governments have expressed reservations about signing the proposed resolution calling for extinguishing entire Iraqi debt amounting to tens of billions of dollars in debt and war reparations.

وجرت صياغة القرار المقترح، الذي حصلت «واشنطن بوست» على نسخة منه، على نحو يناشد بدعم «العهد الدولي» الجديد حول العراق، وهو عبارة عن خطة على مدى خمس سنوات تغطي جوانب التنمية الاقتصادية والاجتماعية والسياسية في العراق.

The shaping of the proposed resolution, which was obtained «Washington Post» a copy of it, to support calls «the International» on the new Iraq, a plan over five years to cover aspects of economic and social development and political situation in Iraq.

وجاء هذا الاتفاق نتيجة عام كامل من المفاوضات، ومن المقرر ان يتصدر جدول اعمال اجتماع مزمع عقده في منتجع شرم الشيخ في 3 (ايار) المقبل بمشاركة كل الدول والمؤسسات المعنية بالوضع في العراق.

It was the result of a full year of negotiations, is expected to top the agenda of the meeting is scheduled to be held in Sharm El-Sheikh on 3 (May), next with the participation of all states and institutions concerned with the situation in Iraq.

ومن المقرر ان تناقش الدول المجاورة للعراق والدول الاعضاء في التحالف الدولي خلال اليوم الثاني للاجتماع الجهود اللازمة لاستتباب الامن هناك.

It is scheduled to discuss Iraq's neighboring countries and the Member States in the international coalition during the second day of the meeting the necessary efforts to establish security there.

وكشفت مصادر ان خلافات ظهرت في المسودة الثانية للقرار المقترح حول اجتماع 4 ايار ، اذ قدمت مصر والكويت مقترحات مغايرة.

Sources revealed that the differences appeared in the second draft resolution proposed meeting on May 4, as provided Egypt and Kuwait proposals differently.

ويتضمن القرار الخاص بـ«العهد الدولي» نفس الشروط الواردة في القرار الاميركي المتعلق بنشر قوات اضافية ربيع هذا العام في العراق لغرض بسط الامن.

The resolution on «International Covenant» same conditions as set forth in the American decision on the deployment of additional troops this spring in Iraq for the purpose of enforcing security.

اذ يجب على حكومة رئيس الوزراء نوري المالكي اتخاذ خطوات تاخرت كثيرا، بما في ذلك المصالحة السياسية والتعديلات الدستورية وحل الميليشيات وتخفيف حدة الحظر على اعضاء حزب البعث السابقين واجازة قانون يضمن التوزيع العادل لعائدات النفط العراقية.

Since the government of Prime Minister Nuri al-Maliki to take steps long overdue, including the political reconciliation and the constitutional amendments, disbanding the militias and ease the ban on former Baath Party members and leave law guarantees equitable distribution of the proceeds of Iraqi oil.

الا انه رغم مرور حوالي اربعة اشهر على اعلان بوش عن استراتيجية اميركية جديدة في العراق لم تتخذ هذه الخطوات بعد، الامر الذي اثار قلق المجتمع الدولي ازاء التزاماته في العراق.

However, despite the passage of nearly four months of the Declaration of Bush's new American strategy in Iraq did not take these steps yet, which aroused the concern of the international community about its obligations in Iraq.

وقال مسؤولون في منطقة الشرق الاوسط ان (بعض حكومات دول الجوار السنيّة لا ترغب في تقديم مساعدات او دعم لحكومة الاغلبية الشيعية، التي فشلت حتى الان في احراز تقدم في كسب الاقلية السنية بعد مرور اربع سنوات على سقوط نظام صدام حسين).

Officials said in the Middle East that (some neighboring countries Sunni governments do not wish to provide assistance or support to the government of the Shiite majority, which has so far failed to make progress in winning the Sunni minority four years after the fall of Saddam Hussein's regime).

ويشارك مسؤولون اميركيون وعراقيون بارزون عشية الاجتماعين المرتقبين مطلع الشهر المقبل في نشاط دبلوماسي مكثف يرمي الى كسب الدعم والتأييد لقرارات سيجري التوصل اليها.

Participating American officials and prominent Iraqis eve prospective meetings early next month in intense diplomatic activity aimed at gaining support for the resolutions will be reached.

ويعتزم وزير الخارجية هوشيار زيباري ومسؤولون عراقيون اخرون القيام بزيارات لبعض دول المنطقة لهذا الغرض.

It is the intention of Foreign Minister Hoshyar Zebari and other Iraqi officials visits to some countries in the region for this purpose.

وكان منسق شؤون العراق بوزارة الخارجية الاميركية، ديفيد ساترفيلد، قد قام بجولة على مدى اكثر من اسبوع سعيا للحصول على التأييد اللازم من الدول المجاورة للعراق.

The coordinator of the Ministry of Foreign Affairs of Iraq American, David Satterfield, had toured for over a week in order to obtain the necessary support from Iraq's neighboring countries.

وقال مسؤول بوزارة الخارجية الاميركية ان الاصلاحات السياسية العراقية الموعودة والمساعدات الاقتصادية الدولية للعراق يجب ان تسير جنبا الى جنب، مؤكدا امكانية مراقبة العمليتين.

Foreign Ministry official announced said that the Iraqi political reforms and economic aid promised Iraq's international must go hand in hand, emphasizing the possibility of control processes.

تجدر الاشارة الى ان غالبية، وليس كل، الحكومات التي لديها ديون مستحقة على العراق ابدت رغبتها في مناقشة اطفاء 80 بالمائة من هذه الديون، الا ان الفرق يقدر بمليارات الدولارات، وكانت روسيا والكويت والصين اكثر الدول رفضا للاطفاء الكامل للديون، حسبما افادت مصادر.

It should be noted that most, but not all, of those with outstanding debts owed by Iraq expressed a desire to discuss the fire 80% of these debts, but the difference is estimated at billions of dollars, Russia, Kuwait and China over the rejection of the complete extinguishing of debt, according to sources.

وتطالب الكويت وايران بمليارات الدولارات كتعويضات على الاضرار التي حدثت خلال الحرب على العراق لهما في عقدي الثمانينيات والتسعينيات.

Kuwait calls on Iran to billions of dollars in compensation for the damage that occurred during the war on Iraq are in two 1980s and 1990s.

كما تواجه الدولتان تحديات سياسية داخلية بشان اطفاء الديون المستحقة على العراق بسبب الحساسيات المستمرة والارواح التي ازهقت والدمار المادي الذي حدث.

Also facing two challenges on the internal political extinguish the debts owed by Iraq because of the sensitivities and the continuing loss of life and physical destruction that has occurred.

من جانبه قال نائب وزير الخارجية الايطالي اوغو ايتيني اشرت آنفا الى ان ايطاليا تحبذ الاساليب والسياسات ذات الاطراف المتعددة.

For his part, Deputy Foreign Minister Ugo Italian Aitini I have already indicated that Italy favored methods and policies of multilateral.

ومن هذا المنطلق فاننا كنا من اوائل المؤيدين لفكرة عقد مؤتمر شرم الشيخ الامني حول العراق، فنحن نؤمن انه سيكون من الصعب جدا تحقيق الاستقرار والامن في العراق دون مساهمة ومشاركة من جانب الدول المجاورة.

From this standpoint we were an early supporter of the idea of holding Sharm El-Sheikh conference on Iraq security, we believe that it would be very difficult to achieve security and stability in Iraq without the contribution and participation of the neighboring countries.

ولقد التقيت وزير الخارجية العراقي زيباري قبل بضعة ايام في جنيف خلال مشاركتنا في مؤتمر مهم حول اللاجئين العراقيين.

And I met with Iraqi Foreign Minister Zebari few days ago in Geneva, through our participation in important conference on Iraqi refugees.

وخلال اللقاء سألت السيد زيباري عما اذا كان يتوقع مشاركة الايرانيين في مؤتمر شرم الشيخ المزمع، فكان رده بالايجاب، وانا شخصيا ارى ان مشاركة ايران في ذلك المؤتمر مهمة للغاية.

During the meeting, Mr. Zebari asked whether the expected participation of Iranians in Sharm El-Sheikh conference planned He replied affirmatively, and I personally believe that the participation of Iran in that conference is very important.

بالطبع فانه لا يمكنني ان اتوقع نتائج كثيرة من وراء مؤتمر شرم الشيخ المقبل، فهو ليس سوى خطوة اولى نحو الحل.

Of course, I can not expect many results from behind the Sharm el-Sheikh next, it is only the first step towards a solution.

الا ان انعقاد ذلك المؤتمر سيكون امرا جيدا وايجابيا في حد ذاته بغض النظر عن النتائج التي سيسفر عنها.

However, the convening of such a conference would be a good and positive in itself, regardless of the outcome of.

فللمرة الاولى، ستجمع طاولة ذلك المؤتمر بين وزيرة الخارجية الاميركية ونظيريها الايراني والسوري.

For the first time, will table conference between American Secretary of State and her counterparts Iranian and Syrian.

وهكذا فان اميركا ستتعامل مع ممثلين عن دول تنتمي الى ما يسمى بـ «محور الشر»، وهو ما يعني ان هناك اشياء تتغير الى الافضل.

Thus, the United States will deal with the representatives of the countries that belong to the so-called «axis of evil», which means that things are changing for the better.

Translated version of http://www.sotaliraq.com/

Originally Posted by Hkp

[LEFT]Difficulties and challenges facing the international community and the efforts

Hkp
Are you aware that if you copy your text to a Word program before copying it here....there will be no Arabic in your post?

Maliki told extent : we proposed to the Kuwait Fund formation
(Voice of Iraq) - 28-04-2007

The first page : the wider Arab tour next month .. Maliki told extent : we proposed to the Kuwait Fund for the Development of Iraq debt


Baghdad / long
Adviser of the Prime Minister Sadiq Rikabi said in a press statement, the Prime Minister Nuri al-Maliki will tour Arab seconds broad month of May next after only his first visit to the three countries only.
He added that the round-Rikabi Maliki will be within the framework of the government to mobilize Arab support for Iraq in all fields without revealing the countries he will visit Prime Minister. On the other hand, Prime Minister Nuri al-Maliki that his tour last week in Egypt, Kuwait and Oman have achieved the desired results, and in many respects very positive. He said al-Maliki told (long) on board the plane during its return and the delegation accompanying him from the Omani capital, Muscat, said the relations between Iraq was deeply affected ocean Arab backgrounds negative consequences of the policies of the former regime.

A large part of the tasks of the visit is to review and erase the negative effects left by the former regime, in addition to clarify the picture of what is really happening in Iraq, pointing out that this picture has been distorted by some politicians.
The Prime Minister said that Iraq does not want relations to the regional crisis, particularly among some Arab countries and Iran that reflect negatively on Iraq in the framework of its relations with these countries, also refused to be openness on the Arab countries based on the calculation of the relationship with its neighbor Iran.
He said : We do not want to give nothing of the interests of our country .. We do not want to maintain the sensitivities explaining that the national government is to achieve national reconciliation, security and reconstruction of the country.
He praised Maliki told the (long) positions positive for the Governments of the countries visited, pointing out that the decisions taken in Cairo, Kuwait and Muscat to send ambassadors to Iraq and to gain support and entrusting these countries to the era of Iraq to be held in Sharm el-Sheikh in Egypt early next month.
And on the debt and damages resulting from the Iraq policies by the former regime : Maliki said it got confirmation Egypt to be involved in the advocacy for debt reduction or lifting, reportedly suggested that Iraq against Kuwait formation of the Kuwaiti Development Fund of Iraq, consisting of its debt, and this proposal is to be understood, and the positive study by the Kuwaiti brothers.
In talking to (long) Maliki denied that he had felt as promoted by the media of the Arab countries think of working for the Iraqi government, such as the government of National Salvation, said : Our conversations did not find no indication of such a trend, but that is what we felt was the exact opposite through confirmation brothers the need to support and help the work of the Iraqi government and its national political, security and economic.
Al-Maliki said that the need to restore Iraq's role in international forums decent regional and international and Arabic. In this framework is that all ministers to pave the way for Iraq's return to active participation in all international and regional bodies and the Arab left in the era of the former regime. Ordered to pay debt and financial receivables, which prevent Iraq's participation in these forums and at all levels, political, economic, cultural, artistic, sports and other fields.


Sotaliraq.com - ÕæÊ ÇáÚÑÇÞ

Originally Posted by Lunar

Hkp
Are you aware that if you copy your text to a Word program before copying it here....there will be no Arabic in your post?

Maybe drop the font size down a bit? All of HKP's posts JUMP out at me....Maybe one of these times it will say "Dinar Revalues!"

Thank you.

Compact info from Kuwait Newspaper (KUNA)

--------------------------------------------------------------------------------

Ban to co-chair with Maliki Int''l Compact on Iraq next week - UN Politics 4/27/2007 10:32:00 PM Ban to co-chair with Maliki Int'l Compact on Iraq next week - UN UNITED NATIONS, April 27 (KUNA) -- Secretary-General Ban Ki-moon will travel to Sharm El-Sheikh, Egypt, next week to co-chair, with Iraqi Prime Minister Nouri Al-Maliki, the launching of the International Compact on Iraq, his spokesperson Michele Montas said on Friday.
She said Ban will also attend, one day before, the meeting of the Foreign Ministers of expanded Iraq neighbours, representatives of the Permanent members of the Security Council and those of the G-8 industrialized countries.
It is not clear whether Iran will be represented at the meeting.
Zibari, who visited Iran earlier this week to convince Tehran to attend the launch, told a press conference later that journalists should "look forward to unexpected news".Montas also noted that Ibrahim Gambari, Ban's special advisor for the Compact and other political issues, continues his meetings in various capitals to widen support for the event scheduled for May 3rd and to discuss commitment of member states before the launch.
She said Gambari met today with EU Foreign Policy chief Javier Solana who confirmed his attendance of the event along with other EU Ministers.
Gambari, accompanied by the governor of Iraq's Central Bank Sinan al-Shabibi, earlier this week held high-level meeting in London, Kuwait and Bulgaria.
The compact is a five-year plan for peace as well as political, economic and social development in the war-torn country.
The launch comes to culminate a preparatory process that began last July and was initiated by the Iraqi Government to establish a new partnership with the international community. (end) sj.bz.
KUNA 272232 Apr 07NNNN

Originally Posted by shotgunsusie

HEY YOU INVESTORS IN THAT AK OFFICE UP THERE!!!!
CONGRATULATIONS LADIES ON YOUR RETIREMENT, IT COULDNT COME AT A BETTER TIME TO ENJOY YOUR DINAR!!!!!! WOoT!!!!

To the rest of us this is very random, but what the he-- congratulations!
Leann

Iraq : International Covenant government commitments
28.04.07
Morning talk
Mohammed Abdul Jabbar carp

Urges the government and the countries supporting the pace of the third day of the month Maes to proclaim the International Decade, which represents a road map for Iraq and the government on what should be done in the political, legislative, economic, security and media, and others in the coming years.

The contract was essentially a take on the obligations of the Iraqi government itself for a large package of steps and measures in these areas, for a free Iraq advanced, in return for a commitment to the participating States to provide the necessary support to the Iraqi government to fulfill its obligations and implementation.

The success of the international community in achieving the goals sought on the ability of the government to implement the promises and commitments contained therein. Conversely, the reluctance of any government or evade these promises and commitments will simply mean that the international community is not responsible for the failure, because it can not ask our friends to do what we are doing does not.

The ability of the government to implement its commitments, among many other things, the potential to mobilize human and material resources and organizational capabilities required by the International Covenant.
The launch of the International Covenant historic opportunity to resolve the phenomenon of striking dimensions and capacities and competencies Iraqi field work in the various areas covered by the building and construction and the construction of the modern state.

If one of the reasons for the deterioration of security this away, the fundamental cause that existed before the current lawlessness has been the inability of government departments that came to Iraq after the fall of the regime to maintain efficiencies home, on the one hand, attract qualified abroad on the other hand.

If the financial side one of the reasons for this deficit, the reason why the foundation is in the system of sectarian, ethnic and partisan, which imposes go capacities and competencies to filter belonging and loyalty, and not filter citizenship and efficiency, before looking at the possibility implicated in the structures of different state. This is the reason why people access to locations in the state even though they lack the necessary propriety and scientific skills and practical experience required by these sites.

It may not be the International Covenant more than paper, but the value of this paper is that they may constitute an incentive for the Iraqi government and the people concerned on the government to work to absorb the energies of so many of Iraq into the river, which seeks to crack the international waterway great.

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