Iraqi News Sunday AM 6-27-21
Iraqi News Sunday AM 6-27-21
TLM724 Administrator BondLady’s Corner
Sunday.. Central Bank Sales Of Hard Currency Are Rising Again
Economie| 01:26 - 27/06/2021 Baghdad - Mawazine News, today, Sunday, sales of the Central Bank of Iraq in hard currency, increased, recording 228 million dollars.
Today, the Central Bank auction for the sale and purchase of hard currencies witnessed an increase in its sales by 5.56%, to reach 228 million and 560 thousand and 634 dollars, which it covered at a base exchange rate of 1460 dinars per dollar.
The purchases amounting to 192,320 thousand and 615 dollars went to enhance balances abroad in the form of remittances and credits, while the remaining amount of 36 million and 240 thousand dollars went in cash. Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=158504
A New Drop In Dollar Exchange Rates In Iraq
Pratha News Agency139 2021-06-27 The exchange rates of the dollar fell today, Sunday, against the Iraqi dinar in the main stock exchange in the capital, Baghdad, and the exchange shops.
Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad recorded 147,300 Iraqi dinars for every 100 US dollars, after it registered during its opening yesterday, Saturday morning, 147,375 Iraqi dinars for 100 dollars.
Selling prices in money exchange shops in the local markets in Baghdad decreased to 147,750 Iraqi dinars, while buying prices amounted to 146,750 dinars per 100 US dollars.
http://burathanews.com/arabic/economic/395150
Baghdad Summit..Economic Integration And Political And Human Weight
Sunday 27 June 2021 320 Baghdad: Huda Al-Azzawi Experts, political analysts and parliamentarians confirmed that the tripartite Baghdad summit, which is expected to be held today, Sunday, in which Prime Minister Mustafa Al-Kazemi will host Egyptian President Abdel Fattah Al-Sisi and Jordanian King Abdullah II, will open wide not only in the field of economy and politics, but in all security, cultural and military fields. ,
indicating that the "New Orient" project, which Al-Kazemi had previously announced, could achieve integration between the three countries due to the economic, human and political weight they possess that contributes to achieving a comprehensive renaissance and development in the region.
Director of the Iraqi Center for Strategic Studies, Dr. Ghazi Faisal Hussein, said in an exclusive interview with "Al-Sabah", that "the tripartite summit between Iraq, Jordan and Egypt in Baghdad will constitute an important station in the relations of economic integration, and as a reminder, international relations in international law are based primarily on complementary relations." In the field of economy, politics and security," he said, "The European Union after World War II constitutes an important station as it was built on an economic basis and economic relations."
He pointed out that "the three countries, Egypt, Jordan and Iraq, constitute more than 140 million people, and this gathering and economic space can reach integration between the three countries, and the annual gross domestic product is more than 400 billion dollars."
He explained that "there are huge capabilities in Egypt in the field of gas, energy and industrial capabilities, and we recall that Egypt after World War II used to produce and manufacture light aircraft and others and developed industries and agriculture, and therefore the integration between Iraq, Egypt and Jordan will constitute a basic plan to restore at least 50 thousand disabled factories."
It has been in Iraq since 2003 until today, and it is developing Iraq’s capabilities in the field of electrical energy, especially since Baghdad announced that 80% of the electrical transmission network has been connected with neighboring countries and the Gulf, and this is a great achievement.”
Hussein indicated, "Extending an oil pipeline from Basra to Aqaba and then to the Sinai desert will constitute an important station for building petrochemical industries in the three countries and building bases for logistical support between them, and industrial cities can also constitute a vital element in order to absorb unemployment in Iraq, which has exceeded, according to Ministry estimates Planning to reach 15 million unemployed people, 10 million below the poverty line, and 4 million families spread in slums, and the Commission for Human Rights has announced that it expects poverty rates to rise to a third of the population of Iraq,” noting that “this is a major catastrophe, and if industries are not modernized, operated and re-established.” Moving investment and agriculture, Iraq cannot maximize its economic resources.
He stressed that "the partnership in the New Mashreq is of an economic, political, security and defense nature that constitutes a guarantee of national security in the field of economy, society and culture," and explained that "the plan or project of the New Mashreq constitutes a vital element for maximizing economic resources, the most important of which is for Iraq to move its economy from rentier to productive through tripartite cooperation With Jordan and Egypt and the formation of this economic space, and it can be added to the three countries Syria, Lebanon and Saudi Arabia, this economic bloc can achieve integration between these countries.
Member of the Oil and Energy Committee, Amjad Al-Uqabi, said in an exclusive interview with "Al-Sabah" that "the summit was supposed to take place more than a month ago, had it not been for its disruption due to the accident that occurred in Egypt (the train accident)," explaining that "the conference is not only related to the economic aspect." But the security, the political, and the cooperation between the three countries is a positive thing."
He pointed out that "Iraq has begun to think seriously about exchanging energy sources with neighboring countries, extending gas pipelines and pipelines from Iran, and contracting with Turkey to extend two energy lines, and there is on the horizon a contract with Jordan to import electricity," noting that "the oil pipeline that will extend from Basra To Aqaba and then to the Sinai desert, it was not a matter of the moment, as it was contracted during the time of the former Oil Minister, Thamer Al-Ghadban, and it is expected that work will take place on it from two to three years.”
Al-Uqabi stressed: "We need to export oil through more than one outlet because the only outlet for selling oil is Basra through our ports, and we have the Ceyhan line, which is old. About 90,000 barrels per day of Kirkuk oil are exported to the north, and from the same pipeline, the region's oil is exported."
He pointed out, "We had hoped that the Oil Projects Company would extend the pipeline from Basra to the port of Aqaba and then to the Sinai desert, since the company has engineers and technicians with experience, tools and equipment that can complete the project in a record period," adding that "the pipeline will be double-sided to import gas from Egypt and feeding Iraq with dry gas, as Egypt has a history in the field of this type of contracting.
A member of the Parliamentary Security and Defense Committee, Kateh Al-Rikabi, said in an exclusive statement to Al-Sabah that "this summit was not the first between the three countries, Iraq, Jordan and Egypt, but rather this is the third summit that was held and will be held in Baghdad.
It is natural that the inter-relations between the three countries are coherent and fraternal, emanating from Through common interests, which emerge through the charters of the League of Arab States, which bring together the parties of the Arab countries.
And he indicated that "the common denominator that unites the Arab countries in general and the three countries in particular is the fight against (terrorism) from which many countries of the world suffer, especially the three countries, whether it is through organized terrorism from the occupied state of Israel or the terrorism in these countries from ISIS and its agents." .
Al-Rikabi pointed out that "the focus of the conversation between the three countries is supposed to be the fight against terrorism, and we call on the Arab countries to be of assistance to Iraq in order to eliminate terrorism," calling on the Iraqi government and the governments of Jordan and Egypt to "stand seriously to combat terrorism, and we hope for a summit meeting."
To be held today, one of its priorities will be to agree on a roadmap that will enable the three countries to fight terrorism, whether through security or military cooperation or the important detailed electronic cooperation between countries at the level of intelligence and intelligence.
Experts and analysts expect that the "New Mashreq" joint project between Egypt, Jordan and Iraq will top the tripartite summit, including cooperation in the economic and investment fields between the three countries, in addition to being a candidate to include other Arab countries.
In the context of the Arab media’s coverage of the event, the Iraqi strategic expert Hussein Al-Jasser says: “The idea of (the New Orient) is not a product of the moment, but was put forward during the term of former Iraqi Prime Minister Haider Al-Abadi, until Al-Kazemi’s government resolved to complete it due to the economic gains it carries. .
Al-Jasser added that the "New Orient" project is based on understandings and economic interests in the first place between Iraq, Egypt and Jordan.
He added, "The project depends on the huge human mass of Egypt, in exchange for the huge oil wealth owned by Iraq, and Jordan joins them due to its geographical location that links Iraq with Egypt."
As for the Jordanian journalist and political analyst, Abdullah Al-Hadidi, he explained that "the idea of the project was established on the sidelines of several huge economic projects, foremost of which is the revitalization of an oil pipeline from Basra that reaches the Egyptian Sinai, through Jordanian territory."
Al-Hadidi added that "there is political interdependence between the countries of the new axis in light of the challenges facing the three countries together, foremost of which is the fight against terrorism. The three countries have a long history in combating intellectual extremism and armed violence."
In light of Baghdad's readiness to receive the "New Orient" summit, the Iraqi professor of international relations, Ali Al-Mahdi, revealed that Baghdad is trying with all its might to be present on the international political level again.
Al-Mahdi said: "The visit of Pope Francis to Baghdad, and his stay there for several days, and his touring from one governorate to another, gave Iraq on the political and security level great confidence in the ability to receive summits, and secure the movement of large delegations."
Jordanian writer Musa Al-Saket, said in a press interview:
If the (New Mashreq) project invests the comparative and competitive advantage of the three countries; Egypt, Iraq, Jordan, it will make major changes at various levels that will lead to economic integration, not to mention raising trade exchange, which in turn contributes to raising the GDP of these countries, which results in the employment of hands. national workforce and reduce the already high unemployment rates.
The Jordanian writer added, "Jordan is distinguished by its industries specifically in the pharmaceutical, chemical, food, engineering and medical tourism industries, and its logistical capabilities, as it mediates the three countries. As for Iraq, it is distinguished by its oil resources and the ability to export it through Jordan and Egypt, in addition to attracting investments in the fields of infrastructure and support industries.
As for Egypt, It is characterized by cheap labor and its presence on the Mediterranean Sea, in addition to being attractive to investments, especially with regard to heavy industries, in addition to the availability of expertise in its construction contracting for reconstruction and construction.
Al-Saket concludes by saying: "An important rapprochement and a new approach in Arab relations, time plans and specialized committees must be set in all the files mentioned, otherwise the issue will remain a dream and in the list."
For its part, the Russian “Sputnik” agency stated in an analysis on the “New Orient” project that “the project is an alliance based on employing the strengths of the three countries to make the most of them within the alliance, at a time when an oil pipeline will be extended from the port of Basra in southern Iraq to To the port of Aqaba in Jordan and then to Egypt, Jordan gets Iraqi oil from it at a price lower than the international market price, in addition to transit fees,
Egypt will benefit from the process of refining part of this Iraqi oil on its territory, while Iraq imports electricity from Egypt, It can also benefit from Egyptian expertise and cadres in the reconstruction process, and Jordan's capabilities in the field of transportation will be utilized due to its great capabilities in this field, in addition to exporting goods from Jordan and Egypt to Iraq." LINK
Issue (4638) Of The Iraqi Gazette Was Issued On 6/21/2021
1- Law No. (5) of 2021, the accession of the Republic of Iraq to the International Convention on Civil Liability for the Damage of Pollution with Oily Bunker Oil for the year 2001.
2- Law No. (6) of 2021, the accession of the Republic of Iraq to the international convention on the control of ship systems that resist the adhesion of impurities and have harmful effects for the year 2001.
3- Law No. (19) of 2021 amending the law of the accession of the Republic of Iraq to the International Convention on Road Traffic of 1968 and the European Agreement supplementing it for the year 2006 No. (30) of 2015.
Those wishing to acquire a copy of the Iraqi facts can refer to the Iraqi facts department located in Salhiya / Haifa Street (Ministry of Justice Building), and obtain the required number .
https://www.moj.gov.iq/view.5734/
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