Thread: Iraq/Dinar News. 09/05 to 01/14/07

Let it Peg.

Originally Posted by sassy

Sure Is Nice To See A Post On Here From You, Cigarman!!! Hope To See Many More!!
Lisa

I agree, you made my day!

wont be using any for wall paper, but might keep one as a permananetly rolled up nostril width souvenier, a 25,000 of course....

maybe frame another one of the same. have to admit, wallpaper would be delightfully decadent tho....

guess ive still got time to buy some more, crack the ten mil mark then!

anyone here who doesnt believe in the dinar, email me at : [email protected], and ill buy the lot. cheap though. 1/3 discount off of your purchase price of prob 850 per mil. standard secondhand price!!!

cheers all,
G

INVESTMENT OIL LAW VERY SOON ALL TO THE TOP GUYS


(Voice of Iraq) - 27-08-2006

Chaired by Dr. Barham Salih soon. Completion of the Law of Wealth.


Soon ... Code completion hydrocarbon wealth.

alathad : Committee held oil and energy in the Council of Ministers of a series of meetings on Thursday, Friday and Saturday, 24, 25 and August 26 under the chairmanship of Dr Barham Ahmad Salih Deputy Prime Minister and the presence of the Ministers of Oil, Electricity, Finance, Planning and Trade, Justice, the representative of the territory of Kurdistan, a number of advisers. These meetings for the study of the concepts and proposals on the Law of hydrocarbon wealth and hopefully soon be completed for submission to the parliament for ratification by the Iraqi Constitution.

It is clear that this law to be enacted would have significant economic benefits for the oil sector in particular and the Iraqi economy in general.
The new law will open up broad prospects for investment considered as controls in the national interest in the sectors of oil and gas, which will have positive repercussions on the Iraqi economy. This was attended by some of these meetings, Mr. Prime Minister, Dr Nuri Maliki was directed to the completion of the draft law to ensure the Iraqi interest in promoting imports from its hydrocarbon wealth and harnessed for development projects in Iraq.

Sotaliraq.com

(Voice of Iraq) - 27-08-2006 shall Sent this topic friend

Sotaliraq.com At a meeting under the auspices of His Excellency the President of the Republic


Three presidencies applauds the efforts of the government to improve the security and happiness for national reconciliation conferences

ashrv President of the Republic, Mr. Jalal Talabani, yesterday at his office on the joint meeting of the presidency of the Republic, the Presidency of the Council of Ministers and the Presidency of the Council of Deputies Iraqi attended by Messrs. Vice President of the Republic, Dr. Tariq Al Hashimi and the State of the Prime Minister, Mr. Nuri Maliki, Dr. Mahmoud Almshahadani Speaker of the House Dr. Barham Saleh, Ahmed Sallam Alzobai Deputy Prime Minister, It was at the meeting to discuss the security file and the theme of national reconciliation in the meeting praised the efforts of the government to improve the security situation, especially in recent days,

It was also emphasized the importance of the security of Baghdad, the key to stability in all regions of Iraq, as well as Park meeting for national reconciliation conferences, which began yesterday, the Iraqi clans in Baghdad in the presence of many personalities, He also called on the conferees all shades of the Iraqi people to help the government's efforts towards stability and the success of the process of national reconciliation.
Federation of Iraqi.

Sotaliraq.com

I am still perplexed why al Shibibi, govenor of CBI, did not take action that would have implemented a small internal rise in the value of the dinar. Many of us had anticipated this happening anytime after the appointment of Malichi. Does anyone know why this has yet to occur?
Blessings On YOU! AL

Originally Posted by garthstar

wont be using any for wall paper, but might keep one as a permananetly rolled up nostril width souvenier, a 25,000 of course....

maybe frame another one of the same. have to admit, wallpaper would be delightfully decadent tho....

guess ive still got time to buy some more, crack the ten mil mark then!

anyone here who doesnt believe in the dinar, email me at : [email protected], and ill buy the lot. cheap though. 1/3 discount off of your purchase price of prob 850 per mil. standard secondhand price!!!

cheers all,
G

Wait garth, I might make a offewr as well. Yes I will garth and I will mostlikly buy what you have. me COD of course.

Originally Posted by orrkallen

I am still perplexed why al Shibibi, govenor of CBI, did not take action that would have implemented a small internal rise in the value of the dinar. Many of us had anticipated this happening anytime after the appointment of Malichi. Does anyone know why this has yet to occur?
Blessings On YOU! AL

Most of us believe it is held up until the FIL is aproved,passed, and announced. They may as well go hand in hand at the same time.

Great news......I smell a r/v in the air........




Chaired by Dr. Barham Salih soon. Completion of the Law of Wealth

(Voice of Iraq) - 27-08-2006 shall Sent this topic friend

Chaired by Dr. Barham Salih


Soon ... Code completion hydrocarbon wealth

alathad : Committee held oil and energy in the Council of Ministers of a series of meetings on Thursday, Friday and Saturday, 24, 25 and August 26 under the chairmanship of Dr Barham Ahmad Salih Deputy Prime Minister and the presence of the Ministers of Oil, Electricity, Finance, Planning and Trade, Justice, the representative of the territory of Kurdistan, a number of advisers. These meetings for the study of the concepts and proposals on the Law of hydrocarbon wealth and hopefully soon be completed for submission to the parliament for ratification by the Iraqi Constitution.

It is clear that this law to be enacted would have significant economic benefits for the oil sector in particular and the Iraqi economy in general.
The new law will open up broad prospects for investment considered as controls in the national interest in the sectors of oil and gas, which will have positive repercussions on the Iraqi economy. This was attended by some of these meetings, Mr. Prime Minister, Dr Nuri Maliki was directed to the completion of the draft law to ensure the Iraqi interest in promoting imports from its hydrocarbon wealth and harnessed for development projects in Iraq.

http://64.233.179.104/translate_c?h.../language_tools

Yes great news Adam has post the same news has yours on this same page :))
more news below!!!

Noozz Editorial
Aug 27 2006

Unlike poor nations that created investment laws granting foreign investors privileges and economic concessions, Iraq is rich with resources and the shortage of investments is not at all for economic reasons, said an article in Iraqi daily al-Sabah.


Customs and tax exemptions and other facilitations granted by the investment law were not required as conditions for investments while the deteriorating security condition remains the main reason behind investors’ reluctance to invest in Iraq.

The Iraqi investment law provided great economic and investment concessions that could be considered weaknesses. They open the door to illegal profiting through exploitation of the gaps in this law and using real or fake projects to benefit from the law’s privileges.

An investor who will show interest in Iraq will not be weighing the economic attractions against the security condition and be willing to risk their lives and capital. Investors will rather be interested in benefiting from the law without facing the security condition.

The first item of article 10 in chapter three of the new investment law grants investors the right to transfer project capital and returns outside of Iraq in a transferable currency. This gives way to practice international money laundry in Iraq and opens the local market to trade of drugs and other illegal practices under the label of investment.

Item four of article 13 in chapter four allows investors to determine materials to be imported for the intended project. This provides a chance to make use of customs and fee exemptions to import goods for sale in the local market or for re-exporting. Or investors can import goods in excess of the project’s need and sell the surplus for great profits.

Investors are allowed to re-export project assets according to item three of article 24 in chapter seven. This could be used for illegal trading under labels of existing projects.

These gaps may be reason the law is exploited in a way harmful to our national economy, said al-Sabah’s article. These weaknesses must be revisited as well as the entirety of the law that does not suit Iraq’s economic capabilities.

Noozz.com | IRAQ