KTFA:

MilitiaMan:  There is some very, good things a foot this past week leading into next week, in and for Iraq's future. It is a very bright future and it is about to take off running in a big way.

The writing is on the wall or in this case the ports and borders. The amount of money that is slated for reconstruction from the Kuwaiti Conference is in the 10s of billions. " When?

Well per the below link as early as tomorrow with respect to the Port of Arar.

The data shows that SA signed deals / contracts with Iraq and they will also capitalize on the tourist trade, as well as many other sources of revenues.  

Saudi Arabia announces "mega projects" for it in Iraq and is glad to open Arar"

 "There are giant projects that will be implemented in the next stage, and the presence of a new port in Arar is a tributary for these projects to enter Saudi goods and basic materials for projects that will be established inside Iraq in the fields of mining, energy, oil and agriculture."

His ministry signed several memoranda of understanding and agreements with the Saudi side during the work of the Iraqi-Saudi Coordination Committee, most notably the agreement to open a new Arar border crossing, which will be inaugurated and operational after (7) days, as well as the conduct of the shipping line between Iraqi ports and Saudi Arabia."LINK

MilitiaMan:  So if we back up a bit we see this last week that Kahdimi and teams met up with his and their counterparts from SA in the Iraqi - Saudi Coordination Committee. K even visited with the King. That didn't happen under Marhdi. Mahdi failed at "rapprochement" and lacked "strategic depth".  Well they have both now between these two countries.  Kahdimi an imo Trump made this happen.. imo 

The deals that got signed were last Sunday between Iraq and SA. They state 7 days for the border to open at Arar. That is tomorrow out to Tuesday. Interesting, that is the tomorrow is the day that Kahdimi told them to pay the salaries whereby the borrowing law allowed for them to be paid.  Below is showing that on the 10th the Coordination Council met for two days prior.. All coinciding with the opening of Arar.

The Kuwait Conference was not activated. The tens of billions of dollars is now ready for that and more to get started.

Notice below that Kadhimi talks of Salaries in the same breathe as the funding of the Kuwait projects. The question is, with the international borders opening and the automation of payments for taxation, salaries, fees, etc, will they have a program rate associated with new opening internationally or will the new issue be different?

They did not implement the monies for upwards of three years now? Why now? Well, if Iraq is to be fully article 8 compliant they'll need the rate to change to reflect that. 

The borrowing law was legislated and is to be enforce. That suggests they have the ability to borrow. But, liquidity suggests that couldn't be done at at program rate.. imo.

But, if we look back we know (FA) that the IQD has been trading in platforms. Thus, it suggests to me that the G7 et al, have had the ability for exchange trade. Just as the Saudi's say they have been doing and will increase once the port is open.. 

My thinking is that the ports opening, the funding or KW projects and the salaries to be paid tomorrow are not a coincidence. At least they are closely linked to the coming days or so. So, from the sounds of all the data out, this is about over. The amount of data out or between Iraq and SA reeks of what WS and Frank have said in the past.

 If SA is on board, game over..  I have to agree that is sure looks that way.. imo ~ MM

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 Rapprochement : (especially in international relations) an establishment or resumption of harmonious relations.

"there were signs of a growing rapprochement between the two countries"

Strategic depth, in Military terms, refers to the internal distance within a state from ... its core population areas or important cities or industrial installations. ... economic and military co-operations between those countries having ...

 "A Saudi delegation arrived in Baghdad on Sunday morning to hold a meeting of the Iraqi-Saudi committee, and the delegation included officials from the ministries of energy, electricity, oil, industry, environment and a number of important Saudi companies."

"An Iraqi government source stated, on Sunday, that a meeting had been held between Prime Minister Mustafa Al-Kazemi and the Saudi King via satellite."  LINK

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The Saudi delegation expresses to Al-Halbousi its desire for "openness" and reveals upcoming visits

The Saudi delegation included the Minister of Environment, Water and Agriculture Abdul Rahman Al-Fadhli, Minister of Industry and Mineral Resources Bandar Al-Khorayef, Governor of the General Authority for Foreign Trade Abdul Rahman Al-Harbi, Deputy Minister of Energy Abed Al-Saadoun, Undersecretary of the Ministry of Investment Mr. Ayed Al-Otaibi, and the Secretary-General of the Saudi Export Development Authority Saleh Al-Sulami And the Ambassador of the Kingdom of Saudi Arabia to Iraq, Abdulaziz Al-Shammari.  LINK

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Al-Kazemi meets tomorrow with the Saudi Crown Prince

Al-Kazemi confirmed last August that Saudi Arabia is a true partner for Iraq, and that Iraq is looking forward to building distinguished relations in order to achieve a better future for the two countries. He also stressed that the Gulf states are the "strategic depth" of Iraq.  LINK

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Al-Kazemi announces the launch of salaries after the approval of the loan law

10th November, 2020

Prime Minister Mustafa Al-Kazemi confirmed, on Tuesday, that employees' salaries will be released after the borrowing law was approved.

In a statement received by Shafaq News, the Media Office quoted Al-Kazemi as saying at the cabinet session "Our meeting with the Finance Committee was positive, and it will contribute to launching the salaries of employees after the approval of the borrowing law." Al-Kazemi added; "The Iraqi-Saudi Coordinating Council held continuous meetings during the past two days, to reach a set of understandings regarding the sectors of industry, trade, agriculture, oil, education, culture and others."

"The spokesperson revealed funding for a number of vital projects stalled in Iraq, which have reached "advanced completion rates" through the Kuwait International Conference in Support of Iraq, and will be funded by the Saudi side.  LINK

 Amid Fierce Opposition ... Saudi Arabia Opens A Commercial Attaché In Baghdad  LINK

Al-Kazemi meets tomorrow with the Saudi Crown Prince

Al-Kazemi confirmed last August that Saudi Arabia is a true partner for Iraq, and that Iraq is looking forward to building distinguished relations in order to achieve a better future for the two countries. He also stressed that the Gulf states are the "strategic depth" of Iraq.  LINK

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Al-Kazemi announces the launch of salaries after the approval of the loan law

10th November, 2020

Prime Minister Mustafa Al-Kazemi confirmed, on Tuesday, that employees' salaries will be released after the borrowing law was approved.

In a statement received by Shafaq News, the Media Office quoted Al-Kazemi as saying at the cabinet session "Our meeting with the Finance Committee was positive, and it will contribute to launching the salaries of employees after the approval of the borrowing law." Al-Kazemi added; "The Iraqi-Saudi Coordinating Council held continuous meetings during the past two days, to reach a set of understandings regarding the sectors of industry, trade, agriculture, oil, education, culture and others."

"The spokesperson revealed funding for a number of vital projects stalled in Iraq, which have reached "advanced completion rates" through the Kuwait International Conference in Support of Iraq, and will be funded by the Saudi side.  LINK

 Amid Fierce Opposition ... Saudi Arabia Opens A Commercial Attaché In Baghdad  LINK