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Iraqi News Highlights Saturday Afternoon 2-18-23

Iraqi News Highlights Saturday Afternoon 2-18-23

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US Ambassador: The Opportunity Is Available For Iraq To Play A Greater Role In The Global Energy Market

Economie| 11:31 - 02/18/2023   Baghdad - Mawazine News  The US Ambassador to Iraq, Alina Romanowski, said on Saturday that the opportunity is available for Iraq to play a greater role in the global energy market.  Romanowski wrote in a tweet, "I spoke today at the Baghdad Oil and Gas Exhibition and highlighted the opportunity for Iraq to play a greater role in the global energy market to ensure its energy independence and create more jobs for Iraqis."  Romanowski added, "The private sector in the United States is ready to participate in making this a reality."  https://www.mawazin.net/Details.aspx?jimare=219661

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Details Of The Sudanese Meeting With The US Secretary Of State In Munich

Political | 01:08 - 02/18/2023   Baghdad - Mawazine News  , Prime Minister Muhammad Shia al-Sudani affirmed, on Saturday, that the government puts the goal of establishing balanced relations at the forefront, while the US Secretary of State appreciated Iraq's regional role in stabilizing stability.

And a statement by Al-Sudani's office said, "Prime Minister Muhammad Shia'a Al-Sudani received, at his residence, US Secretary of State Anthony Blinken, on the sidelines of his participation in the 59th Munich Security Conference."

According to the statement, "the meeting witnessed discussions on the files of bilateral relations, and ways to strengthen and develop them at various levels and fields, in a way that enhances Iraq's ability to face economic challenges and development requirements."

Al-Sudani stressed, "Iraq gives special priority to economic reforms, the government's focus on developing the energy sector, and the establishment of development and investment partnerships in the gas sector."

He referred to "Iraq's desire to consolidate cooperation with the United States to combat terrorism, within the framework of providing training, advice and information exchange for the Iraqi security forces, in a manner that preserves Iraq's sovereignty and independence," stressing that "the government puts the goal of establishing balanced relations at the fore, in addition to the importance of the Iraqi role in stabilization in the region.

For his part, Blinken praised "the Iraqi government's plans for reform and development, and giving the energy sector priority in work and development," stressing "the US government's appreciation of Iraq's regional role in stabilizing stability," while renewing "support for the Iraqi government in its progressive, reform and development plans at various levels." and domains.” Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=219669

Cabinet Secretariat: Starting Work With Electronic Payment Devices In Early June

Economie| 10:55 - 02/18/2023   Baghdad - Mawazine News  The General Secretariat of the Council of Ministers announced, on Saturday, the start of work with electronic payment devices (POS), at the beginning of next June.

A spokesman for the Secretariat, Haider Majeed, told the official news agency, “The General Secretariat of the Council of Ministers, through the Department of Cabinet Affairs and the concerned committees, is following up on the implementation of the decisions issued by the Council of Ministers, especially work at points of sale via electronic payment (POS), as there is a special section in the Department of The affairs of the Council of Ministers and committees follow up on the implementation of these decisions, as well as there are timetables that are set for the implementation of the decision.

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Majid pointed out, "The government media team in the prime minister held a meeting with the Central Bank of Iraq and the Ministry of Finance, and there is also communication with the Association of Iraqi Banks on the need to develop a tight media plan to demonstrate the importance of these devices and the ease of their use."

He added, "The electronic payment devices will facilitate all cash transactions for citizens in official state institutions, private sector institutions, shops, markets, gas stations, hotels and medical clinics."

He continued, "The media campaign will start soon to educate the public about the benefits of these devices, which are scheduled to start operating in early June of this year." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=219657

Oil Drops Two Dollars And Records A Weekly Loss

Economie| 09:06 - 02/18/2023  Follow-up - Mawazine News  Oil fell by $2 a barrel at the settlement on Friday and ended the week lower.

This comes amid fears on the part of dealers that demand will be affected by any future hike in US interest rates, and they became nervous due to increasing signs of abundant supplies of crude and fuel.

Brent crude futures fell $2.14 a barrel, or 2.5 percent, to settle at $83 a barrel, bringing their losses to 3.9 percent for the week.

US West Texas Intermediate crude fell $2.15, or 2.7 percent, to end trading at $76.34 a barrel, a weekly loss of 4.2 percent compared to last Friday's closing price. Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=219646

Al-Sudani to the US Secretary of State: We focus on economic reform and the development of the energy sector

Money and business   Economy News-Baghdad   On Saturday, Prime Minister Muhammad Shia' al-Sudani expressed Iraq's desire to consolidate cooperation with the United States of America in the field of economic and energy cooperation.

This came during his meeting at his residence, before noon today, Saturday, with US Secretary of State Anthony Blinken, on the sidelines of Al-Sudani's participation in the 59th Munich Security Conference, according to a statement issued by the Iraqi government.

The statement stated that the meeting witnessed discussions on the files of bilateral relations, and ways to strengthen and develop them at various levels and fields, in a way that enhances Iraq's ability to face economic challenges and development requirements.

Al-Sudani affirmed that Iraq gives special priority to economic reforms, the government's focus on developing the energy sector, and the establishment of development and investment partnerships in the gas sector.

The Prime Minister also indicated Iraq's desire to consolidate cooperation with the United States to combat terrorism, within the framework of providing training, advice and information exchange for the Iraqi security forces, in a way that preserves Iraq's sovereignty and independence, stressing that the government puts the goal of establishing balanced relations at the forefront, in addition to the importance of the Iraqi role. in stabilizing the region.

For his part, Blinken praised the Iraqi government's plans for reform and development, and gave the energy sector a priority in work and development.

 He emphasized the appreciation of the US government for Iraq's regional role in stabilizing stability, and reaffirmed support for the Iraqi government in its progressive, reform and development plans in various fields and fields.   https://economy-news.net/content.php?id=32526

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