KTFA:

KandiG:  Wow - there sure seems to be a lot of "international" articles coming out since the announcement of a pres / PM.  China, Germany, EU, Australia, America and then throw a few acronyms out - IMF, WB, UST and you have a smorgasbord, potpourri or plethora of interest in our Iraqi girl. IMO

Samson:  Oil contracts with a Chinese company to develop the offshore patch in the Gulf

10/17/2022 16:06:56

The Undersecretary for Extraction Affairs affirmed the ministry’s keenness to develop onshore and offshore exploration blocks to increase the country’s oil and gas reserves. This came during his presence on behalf of the Oil Minister, Mr. Ihsan Abdul-Jabbar Ismail, the signing ceremony to prepare a study on the offshore exploratory patch between the Oil Exploration Company and CNOOC Middle East and Iraq China.

Today, we celebrate the signing of a joint study contract for the land part of the offshore patch in the Gulf, between the Oil Exploration Company, one of the leading national companies in this field, and Cinoc Iraq and the Middle East, as this contract is an important step for the development of the patch, said Undersecretary for Extraction Affairs Karim Hattab. The marine exploratory study in the Gulf, which is the first joint exploratory study experience in the territorial waters.

The undersecretary added that the ministry is keen to develop and invest in common border fields, land or sea and in regional waters, despite the various challenges, stressing that the ministry has worked to attract international companies for cooperation, work and joint investment to develop the national oil industry.  He continued, that the ministry affirms its full confidence in the national effort and in the company Cinoc Iraq and the Middle East to complete this study and reach positive results, which contribute to strengthening the oil reserves of oil wealth.

The Director General of the Oil Exploration Company, Ali Jassim, said that the Oil Exploration Company, which represents one of the arms of the national effort, was able to achieve important steps in the field of exploration through the spread of seismic teams in many areas of Iraq and conducting surveys for vast areas of our dear country, including the Western Desert in the governorate. Anbar and Tal Afar in Nineveh Governorate, Muthanna, Maysan, Basra and others. Referring to the ministry's continuous support for the work of seismic teams, which work with the latest devices, equipment, mechanisms and advanced technology in this field, believing in maximizing the guaranteed reserves of oil and gas.

The general manager of Cinoc Middle East and Iraq, "Vincent Shih," said that the contract for conducting a joint study of the Arabian Gulf region, which was signed, represents a start to build a new type of cooperative relations between Iraq and Cinoc. In this project, the Iraqi side is keen on close cooperation to achieve positive results and deepen exploratory operations, noting that this cooperative relationship will contribute to the development of the oil industry in Iraq, and create a new situation for cooperation in the field of oil and gas between China and Iraq in a way that achieves the common interests of both parties. "Futureful results have been achieved thanks to the joint efforts made by both parties, and we are proud today to announce the signing of a bilateral seismic survey services contract for the land part of the patch with the Oil Exploration Company, and SINOOC announces its readiness to deal with all difficult situations in cooperation with the The Ministry of Oil, Maysan Oil Company and all partners.

It is noteworthy that the joint research agreement for the Gulf region was signed in 2019 and included conducting exploratory operations for the land and sea parts, where the land part is 120 km² and the marine part is 530 km². This contract comes as a prelude to the comprehensive development operations of the onshore and offshore part of the offshore patch, which the Ministry aims to maximize oil and gas reserves.  LINK

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Samson:  Al-Sudani: Our government's program has made poverty alleviation a priority

10/17/2022 13:42:11

 Prime Minister-designate Muhammad Shia Al-Sudani announced today, Monday, that his government program has put poverty alleviation as a priority.

  Al-Sudani said, on his Twitter page: "On the International Day for the Eradication of Poverty, it is necessary to draw attention to the high rate of poverty in Iraq. We would like to emphasize that our government's program has made poverty alleviation a priority, in addition to improving health, education and housing services for these groups." poor.”

The head of the National State Forces Alliance, Mr. Al-Hakim, called on the government and parliament to launch scientific programs that advance the service reality in the poorest areas of Iraq. LINK

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MilitiaMan:  Poverty is a part of the US Chamber of Commerce's Mission Statement. Well getting the HCL / Via Purchase Power will help alleviate that quickly.. imo We have been seeing a lot about these meetings in Washington DC this last week and today is adding to the list of support that Iraq is going international. Lets keep an eye out for the WTO and see if they are still pushing for Iraq to be international and, "As soon as possible".. imo  ~ MM

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"Globally, American companies will continue to compete and lead the world through our work ethic, entrepreneurial spirit, respect for the rule of law, modern workforce, access to capital, and commitment to free markets—all of which are built into the culture of American Democracy. Strong U.S. engagement in markets around the world through trade will be essential to our own long-term growth and global stability. And the leadership and partnership of the American business community will be needed to seize major opportunities for global progress, from distributing vaccines worldwide and addressing climate change to solving food scarcity and lifting people out of poverty."

https://www.uschamber.com/small-business/enduring-mission-and-vision-the-future

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The World Bank and the American Chamber of Commerce are discussing the electronic payment file in Iraq

17th October, 2022

Today, Monday, a delegation from the World Bank discussed with the American Chamber of Commerce the electronic payment file, while indicating efforts to develop it.

A source I followed (Al-Oula News) said, "The Deputy Governor of the Central Bank, Ammar Hamad Khalaf, participated in the annual meetings held by the International Monetary Fund and the World Bank in the American capital, Washington."

He added, "A delegation from the World Bank discussed with some officials of the International Monetary Fund, ways to cooperate with Iraq, and to provide the necessary support for the development of various economic sectors, especially the banking sector."

He continued, "The delegation discussed with the American Chamber of Commerce and a number of American companies the electronic payment file in Iraq, and the efforts of the Central Bank to develop it, which contributes to increasing the rate of financial inclusion."  LINK

Samson:  Civil Aviation: Iraq will soon be free from international sanctions

17th October, 2022

Today, Monday, the Civil Aviation Authority announced that Iraq will soon be free of international sanctions

A spokesman for the Civil Aviation Authority, Jihad Al-Diwan, told the official news agency, "Iraq is among the five countries that have not passed the ICAO Global Safety Oversight Audit Program, known as (USOAP)," noting that "the Civil Aviation Authority is working to pass the test that is on the several stages

He pointed out that "during 2019, Iraq reached the rate of passing about 75% of the testing and auditing," stressing that "Iraq will pass the remaining percentage in the near future to get out of international sanctions

And the Ministry of Transport announced, earlier, that Iraq had taken action to complete the requirements for lifting the European ban on airlines   LINK

Humble1:  A definite move in the right direction IMO