KTFA Members "News and Views" Thursday PM 10-22-2020

KTFA:

Samson:  The "25 October" demonstrations halted military operations in Basra

22nd October, 2020
A security source said, on Thursday, that operations of a sincere promise to confine weapons to the hands of the state would stop in  Basra Governorate.

The source told Shafaq News that the decision was issued by the Basra Operations Command until the completion of the demonstrations on October 25.

The "Tishreen demonstrators" intend to organize large demonstrations next Sunday (October 25) to demand the detection of the protesters' killers and accountability for the corrupt.  LINK

Samson:  The Speaker of Parliament receives the US ambassador

22nd October, 2020

Today, Thursday, Parliament Speaker Muhammad al-Halbousi received the US Ambassador to Iraq Matthew Tueller.

The meeting discussed bilateral relations and the strengthening of strategic cooperation between Iraq and the United States in accordance with mutual interests.

During the meeting, the US ambassador affirmed his country's support for the Iraqi government at all levels to achieve development, security and stability.  LINK

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Don961:  Representative Economy: The country needs a quick reform card

Thursday 22nd October 2020  Baghdad: Morning 

The Parliamentary Economic and Investment Committee affirmed the country's need for a quick-implementation reform paper to face the current crisis, stressing the need to develop a clear economic policy to advance the national economy.

Member of the committee, Representative Riad Al-Tamimi, said, “Iraq lacks a clear economic policy from 2003 until now. What led to its dependence on oil revenues and the failure to activate the industrial, agricultural and investment sectors.

He added, "The current government is required to develop a clear economic policy that can advance the national economy, pointing out that there are mistakes and efforts to implement laws on the ground."

He pointed out that “Article 9 of the Investment Law stipulates that a cash allowance should be within the basic design of the lands. But the National Authority calls it a discretionary substitute, confirming that his committee was able through the State Council to interpret this article and be a monetary instead of a discretionary.

He continued, that the current government does not bear the suffering of the Iraqi economy, but the previous governments did not have a clear policy for the economy. LINK

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Don961:  Ahmed Al-Saffar: Al-Kazemi's visit to Europe is restructuring the Iraqi economy

Thursday 22nd October 2020  Baghdad: Hoda Al-Azzawi

 The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, stated that Prime Minister Mustafa Al-Kazemi, during his current visit to France, Germany and Britain, is counting on grants, aid or loans provided by these countries to help get out of the financial crisis afflicting the country, in addition to obtaining support in the security side that It also needs funding.

It will try to push these important countries to remove Iraq from the list of high-risk countries.

Al-Saffar added to "Al-Sabah" that "France, Germany, Britain" are countries with gigantic economies and very high financial capabilities. Therefore, Al-Kazemi's visit is of great importance in several aspects, including agreements to enter these countries as part of his campaign to restructure the Iraqi economy, which was included in the "white reform paper" ».

He stressed that the first stage of the reform paper submitted by the government to the Finance Committee can be implemented by the government, as for the other stages related to restructuring, infrastructure, social care and governance development, they need advanced and highly experienced foreign countries, so the current visit will facilitate the government's work in implementing the paper. The Correctional Facility.    LINK

Bravo13:  The implementation of the white papers has already begun. Imo  

Iobey777:  Yes... also, IMO , they are about to complete implementation by showing the shiny new RATE!!

Don961:  Iraq and Britain are discussing opening branches of foreign banks in Baghdad and the obstacles to joining the first European Bank

2020-10-21 Yes Iraq - Baghdad

The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, met today, Wednesday, with the Governor of the Bank of England.

A statement by the Iraqi Central Bank stated that the meeting dealt with ways to develop banking relations and increase the volume of investment transactions between the two countries, as well as the importance of cooperation in the field of “combating money laundering and financing of terrorism” and overcoming obstacles that hinder the process of opening branches of foreign banks operating in Iraq.

The statement added that the governor met, within the framework of his visit to the United Kingdom, with the two international auditing companies Ernst & Young and PWC, where he discussed with them enhancing the volume of work with the Central Bank of Iraq because of these companies' experience and reliability, stressing his keenness to maintain the relationship with them during the coming period.

He continued, that the Governor of the Central Bank concluded his meetings with the Secretary General of the European Bank for Reconstruction and Development (EBRD), and the meeting included discussion of the final requirements for Iraq's accession to the European Bank, as well as their desire to deal with private Iraqi companies and banks.LINK

Iobey777:  IMO, they are shouting INTERNATIONAL!!

David:  Yes, that is why they pushed so hard to become SOVEREIGN, TO BECOME INERNATIONAL.....IN 2020. Wouldn't it be great to receive a blessing in such a terrible year?!

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Samson:  Nassif confirms that there are profits in the banks from farms in Iraq, Vietnam

11:00 - 10/22/2020

Representative Alia Nassif revealed, today, Thursday, that there are sums related to the profits of Iraqi farms in Vietnam in a number of banks, which is further evidence of the return of these farms to Iraq.

In a statement received by the information, Nassif said, “There are amounts related to the profits of Iraqi farms in Vietnam, which we referred to previously, amounting to 16 million dollars in banks, and there is also an amount of 525 million dollars belonging to the Ministry of Foreign Affairs in the banks of Vietnam, but the Ministry of Foreign Affairs refuses to claim it.“

Nassif indicated that "there is information about the existence of a room in the Spanish embassy in which all the documents related to Iraqi property abroad, according to the words of a very old commercial attaché in the ministry."

Nassif stressed “the need for the Prime Minister, the Integrity Commission, and the concerned authorities to verify the validity of this information, take action on it, refer those involved and concealment to the case to the competent courts, and recover the people's right from the corrupt.” LINK

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Samson: Defense Minister from London: Iraq is a strong and secure country, unlike what the media portrays

22nd October, 2020
The Minister of Defense, Jumah Inad, confirmed, Thursday, October 22, 2020, that Iraq is a strong country despite the problems it is going through, while it was shown that it is possible to move around in Iraq safely, unlike what the media portrays.

A ministry statement received by Al-Masala stated that during his accompaniment to the Prime Minister and Commander-in-Chief of the Armed Forces, Minister of Defense Jumah Inad, accompanied by the Minister of Foreign Affairs, held an expanded video conference at the Russian Institute RUSI, the Royal Institute for United Studies for Strategic, International and Security Studies in London with many researchers from different parts of the country. The United Kingdom and the World.

The statement added that the Minister of Defense presented a brief explanation of the security situation in Iraq and the Middle East region, indicating that despite the problems that Iraq is going through, it is a strong country with great capabilities and qualifications, and anyone can now go to Iraq and travel day and night in all its parts with great safety, unlike Some media channels portray it to the world.

The statement quoted Inad as his assertion that the Iraqi government is continuing to implement its tasks until the elections next year.  LINK

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Samson:  Al-Tamimi explains the legal way to return the smuggled money

19:39 - 10/21/2020

Legal expert Ali Al-Tamimi clarified, on Wednesday, the legal way to return the smuggled and frozen funds outside Iraq.

Al-Tamimi said in a statement to "the information", that "the money smuggled abroad, which is estimated at 500 billion dollars, can be recovered through the 2005 money laundering agreement signed by Iraq with the help of a number of countries," noting that "Iraq can benefit from Article 50 of The United Nations Charter to collect the funds, which affirms the right of countries fighting organizations placed under Chapter VII to request the assistance of the United Nations, as Iraq was fighting ISIS, which is under Chapter VII under Resolution 2170 of 2017.


He added, "Britain has shown its willingness to assist Iraq in returning and recovering these funds," indicating that "there is an amount of 65 billion dollars in the American Federal Bank, frozen for the former regime, which Iraq can claim according to the 2008 Iraqi-American agreement."

The Parliamentary Integrity Committee confirmed, today, Wednesday, that the federal government has not taken any real action to return the smuggled and frozen money outside Iraq.    LINK

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