Thread: Archive News - Iraqi Dinar Think Tank - 22/06/2010 - 04/10/2010

Iraqi-American Conference on the expansion of investments by U.S. corporations in Iraq

Concluded Friday in the Virginia Conference of the American joint Iraqi-American aims to encourage U.S. companies to expand their investments in Iraq in the military and economic spheres.

The chancellor said the Iraqi government, logistical Saad told reporters that Baghdad is that this conference will be a link between U.S. companies and Iraqi forces.

He attributed the reluctance of logistical American companies to enter the door of investment in Iraq to the image conveyed in the media about the situation therein.

For his part, stressed Mike Burke, Director, Division for the commercial development of military helicopter at Boeing, which has an office in Baghdad on the importance of this conference for investors in the technology sector security.

He called on Director of Sales and Marketing at Liebherr Cranes Bert Jacobson Iraqi government to take a number of measures to attract U.S. companies.

http://radionawa.com/Ar/NewsDetailN....381&LinkID=155

Interior declares its readiness to protect the foreign oil companies of investment

Confirmed the Directorate General of Oil Police, the Interior Ministry's readiness to ensure the protection of foreign investment companies, investors and employees in locations in which they are investing in the country.

The aide said the police chief Brigadier General Nazim SoC Mohammed Abdul Ali has been meeting with officials of foreign companies and investors in the oil fields, and we insisted on the ability of police to protect employees of oil companies and the protection of its cadres, and provide all facilities and assistance for these companies.

On the other, formed the government of Iraqi Kurdistan a force of 5000 a security measure to protect the oil fields and the oil firms and fonts of the oil tanker in the region.

http://www.radiodijla.com/cgi-bin/ne...?id=2010-07-24

Economic Expert : Iraq in need of disengagement between the economic and political profile

Economist said that Iraq needs the disengagement between political and economic profile of the impact of political crises of the negative effects on various economic sectors in the country.

The analyst, on behalf of Abdul-Hadi in contact with the agency, the independent press (Iba) must come out of Iraq's economy, the political crucible to lead the development process and makes the wheel of production and investment forward.

He pointed out that most of the world put in front of the same economic profile, which represents the goal of candidates in parliamentary and presidential elections and is considered the first line and regulations of the campaign, whereas the process mirrored in Iraq through the development of the economic side, the second line.

And about the effects of the survival of Iraq under Chapter VII of the economic Abdul- Hadi, the situation will be affected negatively, especially economic, that the files over the past years has not improved because of the political confusion.

And Abizaid from another angle the survival of Iraq under Chapter VII may protect Iraqi funds and assets, but he should not count on that long if you must have pulled the country to be able to protect their money and implement development plans that will maintain its effectiveness further in the case of non-linked conflict, and leading political We are currently experiencing ..

http://www.ipairaq.com/index.php?nam...onomy&id=28124

Economist : Iraq needs the establishment of the Council to support the national economy

Iraqi economic expert said here Saturday that Iraq needs to form a higher council of the national economy in light of the suffering of the retreat of the wheel industry and agricultural products and adoption of total imported products.

Said Ali Ke Ji told Kurdistan News (Akaniwz) announced today that "The next phase requires the formation of a higher council to support the economy in the country with a number of ministries contribute to the support of per capita income of Iraq."

"The composition of the Council will draw the outline of the financial position and investment in the nation, especially in the coming years the preparation of five-year plans and the decimal point. "indicating that "the ministries concerned with the Council which is oil, trade, finance, reconstruction and Housing, Planning and Labour and Social Affairs as well as investment bodies in the provinces."

Ke Ji , it is believed that this "will raise the income of the Iraqi citizens in general to the pattern of living close to the line of the Mediterranean."

Iraq has been based mainly in support of its economy on oil exports after stopping the wheel industry and agriculture in the country two decades ago because of the policies of the former regime and the failure of Iraqi governments after 2003, the strengthening of these vital sectors.

According to estimates by the Statistical Institute of the World Bank was the beginning of the beginning of July this month that average income of the Iraqi citizen a year in 2210 dollars, less than two and a half million a year in light of the reality of declining services and rising living shadow of the absence of basic services.

And Figures from the Ministry of Planning that the percentage of poverty in Iraq amounted to about 23% equivalent to 7 million of the population live below the poverty line and exceeds the monthly income of 37 thousand dinars.

And the Iraqi government announced in August 2009 to launch a national strategy to alleviate poverty in the country was prepared with technical support by the World Bank as the first official effort to measure poverty and build a strategy to reduce it by giving indications on the levels of poverty and inequality by measuring the standard of living and building map Poverty using the results of the survey of social and economic status of families in Iraq, which was conducted in 2007.

http://www.aknews.com/ar/aknews/2/167086/

Export-Import Bank Opens Financing for Iraq

Today the Export-Import Bank of the United States (Ex-Im Bank) opened in Iraq to help finance short-term and medium-term sales of U.S. exports to Iraqi buyers in both the public and private sectors.

"Iraq's economy is growing, offering specific opportunities for U.S. exporters in a variety of industries. Ex-Im Bank can help by reducing the repayment risk, especially for small businesses at this time," said Ex-Im Bank Board Member Bijan R. Kian.

Ex-Im Bank can provide export-credit insurance, loan guarantees and direct loans for creditworthy export sales to Iraq. Short-term insurance is available for transactions with repayment terms of 180 days or less, and up to 360 days for capital goods. Medium-term insurance, loan guarantees and loans are available for transactions with terms of up to seven years.

The Bank's working capital guarantees (which help U.S. exporters or their suppliers to obtain funds to produce or buy goods or services for export) are available to support exports to Iraq.

The Bank can consider providing long-term support where there are financing arrangements that eliminate or externalize country risks, such as asset-backed financings and structures that earn revenues offshore in a third country.

The Country Limitation Schedule at www.exim.gov provides specific criteria for structuring transactions in both the private and public sectors.

Ex-Im Bank, an independent, self-sustaining federal-government agency, helps create and maintain U.S. jobs by filling gaps in export financing and strengthening U.S. export competitiveness. The Bank provides a variety of financing mechanisms, including working capital guarantees to help small and medium-sized U.S. businesses, export-credit insurance to protect against nonpayment by foreign buyers, and loan guarantees and direct loans to assist foreign buyers of U.S. goods and services.

In fiscal 2009, overall Ex-Im Bank financing totaled $21 billion, and authorizations supporting small-business exports reached a historic high of $4.4 billion, nearly 21 percent of total authorizations.

In the first nine months of fiscal 2010 (through June 2010), Ex-Im Bank authorized $17.4 billion in loans, guarantees and insurance – more than the total amount authorized in fiscal 2008.

http://www.iraqdirectory.com/DisplayNews.aspx?id=13365

In the name of God the Merciful

Press Release

Discuss with Dr. Chalabi Mr. al-Maliki Getting out of the current political crisis

Dr. Ahmad Abdul Hadi Chalabi, head of the Iraqi National Congress leader and the Iraqi National Coalition with Prime Minister Nuri al-Maliki, a professor president of a coalition of law Ways to get out of the current political crisis experienced by the country and the practical measures to accelerate the formation of the government, came during a meeting that brought together, including on 24/07/2010 in the office of Mr Maliki, where the parties need to preserve the unity and cohesion of the National Alliance and the right to constitutional and electoral In forming the government as the largest parliamentary bloc with The rest of the blocks on the basis of winning a national partnership and to serve the interest of the Iraqi High.


Iraqi National Congress
24/07/2010

http://nahrain.com/d/news/10/07/100724ca.htm

Business Village near BIAP

The Baghdad Investment Commission has granted an investment permission to build a Business Village near the Baghdad International Airport (BIAP).

“Estimated cost of the project is at $250 million,” the commission said in a release on Sunday as received by Aswat al-Iraq news agency.

It noted that the project will be executed within a timeframe of 3-5 years.

http://en.aswataliraq.info/?p=134863

The end of the meeting of the political blocs to agree on a session of parliament next Tuesday

He is a member of the Iraqi List headed by Iyad Allawi, on Sunday, that the meeting ended the political blocs to hold a hearing in the House of Representatives on Tuesday.

The leader of the Iraqi List, Kazem Al Shammari said in an interview for "Alsumaria News", the "Meeting of clusters of politics, which was held Sunday morning, it took about one hour and a half, and was agreed to convene the parliament session on Tuesday, a brief summary 27 of July of this."

He did not Shammari more details about the topics discussed during the meeting.
........................

http://www.zawya.com/story.cfm/sidZW20100725000091

Iraq is continuing preparations for accession to the World Trade Organization

The Commerce Department reported that Iraq has reached advanced stages of accession to the WTO.

Undersecretary of the Ministry of Commerce unfortunate state of affairs, Mahmoud said that Iraq had begun a long way since the beginning of the application for membership to the WTO in February 2004.

Mahmoud stressed the importance of accession to WTO and the positive results of the Iraqi economy and business dealings as the organization which takes care of trade and ensure the implementation of all trade agreements and is keen on raising living standards, income and employment security .

The Mahmoud means to combat dumping the commodity to support local production and Iraq's desire to activate the -way trade with the Arab countries based on bilateral agreements between States.

http://www.radiodijla.com/cgi-bin/ne...?id=2010-07-25

Kurdish blocs met today with the Iraqi government to discuss the formation

The leading figures in the Iraqi List led by Iyad Allawi and the Kurdish coalition blocs, the meeting will be held Sunday between the parties in Baghdad to discuss the current political situation in the country and a file cabinet anticipated.

Mahmoud Othman, a member of the Kurdistan Alliance bloc, told News Kurdistan that "will be a meeting today between a delegation of Iraqi Prime Minister Iyad Allawi and the negotiating team of the leaders of the Kurdistan Alliance bloc, hoping to put things in context."

He explained, "will discuss several important issues unresolved, such as Article 140 and the Presidency of the Republic and the outstanding issues between the Centre and the Kurdistan region, aiming to reach good solutions to form a government of national partnership."

For his part, said Zana Rosatie member of the negotiating team blocks in the Kurdistan Coalition "The meetings are this high level task this time, timing and a good step and important to reach a solution on the formation of the new government."

He added that "the meeting with Allawi, important for response to the list he is the president a great addition to the role of the existing large in areas where the Kurds, who faces many problems."

By another member of the Iraqi List for beauty watermelon (Akaniwz) that "this meeting, like other meetings that lacks the seriousness and objectivity."

"I was present yesterday at a meeting of Iraq until the middle of the night and the dialogue was going on, as it were the announcement of the final results now and not constructive dialogues based on a timetable."

The delegation of the Kurdistan Alliance bloc had held in Baghdad since mid- June last several meetings with the political blocs winner in the elections held on the seventh of last March, with a view to reaching understandings to pave the way for the formation of the next government.

The focus of the Kurdish delegation negotiating to take the assurances from the parties that will go with alliances in the implementation of Article 140 of the Iraqi Constitution on the disputed areas, in addition to finding a solution with Baghdad on oil deals signed by the provincial government with foreign companies, as well as the question of the budget of the Regional Guard "Peshmerga."

The sources in the coalition of Kurdish blocs had announced earlier that the negotiating team will ask for 25% of positions in Baghdad, including the presidency of the Republic.

Were issued official statements so far from the Kurdish delegation refers to an alliance with any mass, only the personalities of the reservation specified in the Iraqi List headed by former Prime Minister Iyad Allawi.

The lists Kurdish election winner announced on the ninth of May last alliance formally took up the bloc's new name of the coalition blocs Kurdistan in an effort to unify the speech political forces of Kurdistan in the Iraqi Council of Representatives of the new, and accepted to hold talks with Iraqi factions other to form a government New.
.................................
In the view of Iraq as the biggest bloc that must be charged with forming a government based on achieving the highest votes in the elections held on 7 March / diamond past, in the view of state law that the Federal Court's interpretation of the constitutional article gave the right to block the biggest after the coalition form the government.

The results of legislative elections in March resulted in the progress of the Iraqi National List led by Iyad Allawi, by obtaining 91 seats , followed by a list of coalition rule of law, Prime Minister Nuri al -Maliki to 89 seats, the Iraqi National Coalition 70 seats, the Kurdistan Alliance 43 seats.

http://www.aknews.com/ar/aknews/4/167281/