Frank26, The MOF, and More Sunday Morning 10-20-19

KTFA:

Samson:   Iraq discusses with the World Bank initiatives that support strengthening the role of the private sector

20th October, 2019

Deputy Prime Minister and Minister of Finance Fuad Hussein, on Sunday, with the World Bank Group CEO, Marzar Hassan in Washington initiatives that support the strengthening of the role of the private sector as an effective economic partner in the revitalization of the Iraqi economy.

A statement issued by the Office of the Deputy Prime Minister and Minister of Finance Fuad Hussein, received by "Economy News" a copy of it, that "the latter met with the World Bank Group CEO, Mr. The role of the private sector as an effective economic partner in revitalizing the Iraqi economy.

"The government has adopted a comprehensive policy of economic reform by laying the foundations for combating red tape, corruption, introducing technology, and using advanced international expertise in building economic sectors in all its activities," the deputy prime minister said.  LINK

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Frank26:  KTFA KONA ................ LAST NIGHT I BROUGHT YOU .......... MINISTER OF FINANCE FOR A REASON.  NOTICE TODAY THE PLETHORA OF ARTICLES ON ............... HIM.
PLEASE ENJOY.  SWEET ALOHA SUNDAY \M/ 

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Samson:  EXIM signs MoU with Iraq

20th October, 2019  Appearing again today
The Export-Import Bank of the United States (EXIM) has entered into a memorandum of understanding (MOU) with the Ministry of Finance of the government of Iraq aimed at rebuilding Iraq and enhancing trade and economic cooperation between the two countries.

The MOU replaces the previous agreement signed in Kuwait in February 2018 and increases the total amount of EXIM financing potentially available under the MOU from $3 billion up to a total of $5 billion.

At EXIM headquarters in Washington this afternoon, EXIM President and Chairman Kimberly A. Reed signed the MOU with Iraqi Deputy Prime Minister and Minister of Finance Dr. Fuad Hussein. The signing also was witnessed by Iraq Ambassador to the United States Fareed Yasseen.

EXIM President and Chairman Kimberly A. Reed said,

“This MOU signals to the marketplace that U.S. companies and their workers in America want to be a part of the rebuilding effort in Iraq.

“We anticipate that the EXIM-backed financing to follow from this agreement will support exporter and supply-chain jobs in multiple industries across the United States and also foster job creation in Iraq.

“Iraq is an important partner to the United States, and we look forward to working together to strengthen the relationship between our two countries.”

Under the MOU, EXIM and Iraq’s Ministry of Finance agreed to identify potential projects in Iraq for procurement of U.S.-produced goods and services. EXIM agreed to explore options for providing the agency’s medium- and long-term loans, guarantees, and export credit insurance to support U.S. exports to Iraq.

For projects that may be eligible for EXIM support, cooperation between the Ministry of Finance and EXIM would be directed towards qualifying such projects for approval by both institutions.  LINK

Samson:  I discussed today in #Washington with Jihad Azour IMF Director of ME & Central Asia Dept, progress of @IraqiGovt fiscal & monetary sectors reforms. @IMFNews pic.twitter.com/otsdIIthub  — Fuad Hussein (@Fuad_Hussein1) October 17, 2019

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Samson:  While in Washington for the @WorldBank annual mtgs, I met #US Treasury Sec Steven Mnuchin. We talked abt Econ& financial matters of mutual interest, recent devlopments in the region& how Turkish military operations in Syria could affect Iraq. @IraqiGovt @USTreasury @USEmbBaghdad pic.twitter.com/WAZ2cpnMpf   — Fuad Hussein (@Fuad_Hussein1) October 16, 2019

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Samson:  Together with my delegation, I met today in #Washington with @FeridBelhaj , @WorldBank VP- ME and NA and his team. We discussed the various projects the WB is undertaking in #Iraq & agreed to adapt new methodologies to expedite implementation. @IraqiGovt pic.twitter.com/5XaqWbhsJe — Fuad Hussein (@Fuad_Hussein1) October 20, 2019

Cleitus:  ..& agreed to adapt new methodologies to EXPEDITE IMPLEMENTATION..."  I love it!

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Samson:  Moazzam Malik General Director of @DFID_UK and I discussed in #Washington DfiD’s ongoing work in #Iraq and how best DfID can assist @IraqiGovt in implementing reforms initiatives & tackle the economic challenges it faces. @UKinIraq pic.twitter.com/t6pSQC06QW  — Fuad Hussein (@Fuad_Hussein1) October 19, 2019

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Samson:  Strengthening cooperation btw #Iraq & IMF was the main topic of my discussions together with the accompanying Iraqi delegation, with Mitsuhiro Furusawa, IMF Deputy Managing Director. @IraqiGovt @IMFNews pic.twitter.com/Qk3i6CK2xd — Fuad Hussein (@Fuad_Hussein1) October 19, 2019

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Samson:  Productive meeting in #Washington with senior officials from Lazard Freres and Deutsche Bank. We discussed how Iraq can benefit from their financial services, in particular to assist in financing infrastructure projects. @IraqiGovt @DeutscheBank @Lazard pic.twitter.com/ARRkESypgN  — Fuad Hussein (@Fuad_Hussein1) October 20, 2019

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Samson:  Fruitful meeting with Stephanie Von Friedeburg Chief Operating Officer @IFC_org . We discussed IFC’s potential support to key infrastructure energy projects in Iraq & enhancing the private sector’s role in achieving growth & eradicating poverty. @IraqiGovt pic.twitter.com/Hpo89wiZpw  — Fuad Hussein (@Fuad_Hussein1) October 17, 2019

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Samson:  I thanked @WorldBank group, @IFC_org & @MIGA for support provided to #Iraq and gave them an update on political & economic developments in the country. We also discussed continuing providing assistance to @IraqiGovt on job creation, SME s, and reform initiatives in general. pic.twitter.com/bCH0rL6Hyk— Fuad Hussein (@Fuad_Hussein1) October 20, 2019

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Samson:  Mark Esperanto, Secretary of Defense, “The ceasefire is holding up very nicely. There are some minor skirmishes that have ended quickly. New areas being resettled with the Kurds.” USA soldiers are not in combat or ceasefire zones. We have secured the Oil. Bringing soldiers home! — Donald J. Trump (@realDonaldTrump) October 20, 2019

Samson:  Sunday:   Commerce announces the readiness of Baghdad International Fair to receive the activities of the 46th session

2019/10/20 16:16

Minister of Commerce Mohammed Al-Ani, complete all technical and administrative procedures for the establishment of the activities of the 46th session of the Baghdad International Fair and receive the guests of Iraq. This came during a tour by Ani, on Sunday, included the pavilions of the exhibition and facilities.

A statement from his office, received (Euphrates News) a copy of it, "Ani confirmed the completion of preparations," indicating that "the exhibition is ready technically and administratively to receive the guests of Iraq from countries and companies that responded to the invitation and decided to participate as well as the preparation and processing of all exhibition halls."

Al-Ani said, "The ministry's keenness to attract international companies and build exhibitions cities in various regions of the country to support the investment sector and establish real partnerships and integration with the sector for the Iraqi private." The Ministry of Commerce announced earlier that the exhibition this year witnessed a variety of paragraphs over the days of the festival, including cultural and art evenings, meetings, conferences and workshops for participating countries and companies.  LINK