More Iraqi News Monday PM 12-13-21
More Iraqi News Monday PM 12-13-21
TLM724 Administrator BondLady’s Corner
An Iraqi Plan To Attract $100 Billion In Foreign Direct Investment
Monday, December 13, 2021 2:03 PM Baghdad/National News Center Today, Monday, the Central Bank of Iraq announced that the volume of trade exchange between Iraq and the UAE has exceeded 15 billion dollars during 2020, while noting that Iraq is seeking to attract 100 billion dollars in the sectors of transportation, energy and agriculture.
In his speech at the Iraqi-Emirati Banks Forum, which was followed by the “National News Center” agency, the Governor of the Central Bank, Mustafa Ghaleb Makheeb, said, “The forum aims to strengthen partnership and cooperation between Iraq and the UAE, as the UAE is the main entrance for cargo ships towards Iraqi ports and the financial partner.” And the main commercial in the import and export movement towards Iraq,”
noting that “the volume of trade exchange between the two countries exceeded 15 billion dollars during the year 2020, in addition to settling a large part of Iraq’s imports through commercial institutions in the UAE, which necessitates the need to regulate the movement of funds and foreign trade. Between the two countries".
He added, "There are a number of Iraqi and Emirati banks operating in the two countries, and we look forward to strengthening the presence of Iraqi and Emirati banks by licensing branches in both countries to attract mutual financial operations and contribute to supporting the economy."
He continued, “The Iraqi banking sector is one of the most promising sectors in terms of growth opportunities and its ability to attract financial operations and provide banking services to citizens,” noting that “Iraq seeks to attract $100 billion in the transport, energy and agricultural sectors.”
The governor stressed that “Iraqi banks, under the guidance of the Central Bank of Iraq, have been keeping pace with international banking standards, applying institutional governance, attracting competent competencies and cadres, adopting compliance standards, combating money laundering and terrorist financing, applying international accounting standards, increasing accounting disclosure and transparency in providing information, and implementing the recommendations of the Basel II and III Committee. “.
While the head of the Emirates Banks Federation, Abdul Aziz Abdullah Al Ghurair, said, “Iraq is the sixth trading partner of the UAE, and we see a great trend from the Central Bank of Iraq to support the relationship between the banking sector in the two countries,” adding that “the Banking Union is ready to exchange experiences with the banking sector.” Iraqi".
He stressed that "the size of the UAE banking sector is more than 1.65 trillion dollars, and this makes it very strong in the financial market, and supports the non-oil economy," noting that "the UAE banks are ready to work with Iraqi banks and achieve partnership to serve the two countries."
The head of the Iraqi Private Banks Association, Wadih Al-Handal, stressed that "the Iraqi banking work is in continuous development under the supervision and guidance of the Central Bank of Iraq, which applies the highest standards of control and governance and creates a strong base of banks that serve the goals and strategy for the advancement of the Iraqi economy."
He added, "We aspire, through this forum, to open a new door of mutual banking relations and open mutual accounts between the two parties," noting that "Iraqi banks possess high-level systems in addition to their application of anti-money laundering and terrorist financing laws." https://nnciraq.com/108676/
An Iraqi-Emirati Banking Meeting In Dubai To Expand Bilateral Relations
Monday 13 December 2021 14:28 | economic Number of readings: 250
Baghdad / NINA / - The Iraqi-Emirati Banks Forum was organized in Dubai, in the presence of the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mokheb, and a large number of Iraqi and Emirati banks.
The Governor of the Central Bank, Mustafa Ghaleb Makheef, said in his speech, according to a statement by the Central Bank of Iraq, "This meeting aims to strengthen partnership and cooperation between Iraq and the UAE, as the UAE is the main gateway for cargo ships to Iraqi ports and the main financial and commercial partner in the import and export movement towards Iraq."
He added that "the volume of trade exchange between the two countries exceeded $15 billion during the year 2020, in addition to settling a large part of Iraq's imports through commercial establishments in the UAE, which necessitates the necessity of regulating the movement of funds and foreign trade between the two countries."
He continued, "There are a number of Iraqi and Emirati banks operating in the two countries, and we look forward to strengthening the presence of Iraqi and Emirati banks by licensing branches in both countries to attract mutual financial operations and contribute to supporting the economy."
And he indicated that the Iraqi banking sector is one of the promising sectors in terms of growth opportunities and its ability to attract financial operations and provide banking services to citizens," noting that Iraq is seeking to attract $100 billion in the transport, energy and agricultural sectors.
The governor stressed that "Iraqi banks have always been under the guidance of the Central Bank Iraq, to keep pace with international banking standards, apply institutional governance, attract competent competencies and cadres, adopt compliance standards, combat money laundering and terrorist financing, apply international accounting standards, increase accounting disclosure and transparency in providing information, and implement the recommendations of the Basel II and III Committee.
On the other hand, the head of the Emirates Banks Federation, Abdul Aziz Abdullah Al Ghurair, said that “Iraq is the sixth trading partner of the UAE, and we see a great tendency from the Central Bank of Iraq to support the relationship between the banking sector in the two countries, adding that the Banking Union is ready to exchange experiences with Iraqi banking sector.
He stressed that "the size of the UAE banking sector amounts to more than 1.65 trillion dollars, and this makes it very strong in the financial market, and supports the non-oil economy, indicating that Emirati banks are ready to work with Iraqi banks and achieve partnership to serve the two countries." / End 8
https://ninanews.com/Website/News/Details?key=944583
Washington Confirms Its Commitment To The Outcomes Of The Strategic Framework With Baghdad
National Security Adviser Qassem Al-Araji discussed with Brett McGurk, the US National Security Council's coordinator for the Middle East and North Africa, the security and political situation in Iraq and the region.
Al-Araji's office said in a statement, "The National Security Adviser received, in his office today, Sunday, the US National Security Council coordinator for the Middle East and North Africa, Brett McGurk, and his accompanying delegation, in the presence of the US ambassador in Baghdad, Matthew Tueller."
The meeting witnessed, according to the statement, "a review of the security and political situation in Iraq and the region, and a discussion of the latest developments at the regional and international levels."
McGurk stressed "the commitment of the United States of America to the outcomes of the strategic framework with Iraq," noting that his country "according to the agreement, will not use Iraq's sky, land and waters as a launching pad to attack neighboring countries," reiterating his country's support to strengthen Iraqi capabilities in the face of terrorism.
He pointed out that "the United States of America does not pose any threat to any country," stressing that "the common enemy is the terrorist organization ISIS," noting that "the strategic interest of the United States lies in a strong, sovereign Iraqi government and a strong Iraq."
For his part, al-Araji pointed out that "dialogue with others is important, the Iraqi government is working with everyone," stressing that "the truce is in the interest of the country, and that Iraq seeks to bypass the stage and move towards consolidating its security and stability and strengthening its capabilities in all fields." https://www.radionawa.com/all-detail.aspx?jimare=27032
America Announces Its Continued Support For Iraq And The Kurdistan Region
Brett McGurk, coordinator for Middle East and North Africa affairs at the White House, confirmed today, Monday, that the United States of America will continue its support for Iraq and the Kurdistan Region, and can be relied upon to confront and defeat ISIS permanently, and he also expressed his condolences to the families of the Peshmerga martyrs who were recently martyred in the face of ISIS.
A statement by the Presidency of the Kurdistan Region said that the President of the Kurdistan Region, Nechirvan Barzani, received McGurk today and stressed during the meeting that the confirmation of America's continued commitment to support Iraq and the Kurdistan Region in conjunction with the change in the tasks of the American forces and the international coalition in Iraq, is an important message.
In the meeting, which was attended by the US Ambassador to Iraq and the US Consul General in Erbil, the issues of the Iraqi parliamentary elections and their results and expectations for the future of the political process in Iraq were discussed, talks between Iraqi forces and parties, efforts to form the new federal government, the security, military and economic conditions of the country, ISIS attacks and attacks, cooperation And coordination between the Peshmerga and the Iraqi army, Erbil-Baghdad relations, the Iraqi-American strategic dialogue, and opportunities to strengthen relations between the two sides.
The views of the two sides agreed on the fact that ISIS is a real danger, and in order to confront and defeat it, Iraq still needs the continued support and support of the international coalition, and they also saw the need for cooperation and coordination between the Iraqi forces and parties to be able to form a comprehensive government in the country that responds to the demands of Iraqi citizens and maintains security and stability.
The internal conditions of the Kurdistan Region, Iraq's relations with the countries of the region and the world, the situation in the region in general, the latest developments in Syria and the Kurdish issue in it, in addition to a set of issues of common interest to both sides, formed another focus of the meeting.
https://www.radionawa.com/all-detail.aspx?jimare=27052
The Minister Of Oil Discusses With The French Ambassador The Strengthening Of Joint Cooperation In The Field Of Oil, Gas And Energy
Energy Economy News _ Baghdad On Monday, Oil Minister Ihsan Abdul-Jabbar Ismail discussed with the French Ambassador in Baghdad Eric Chevalier the strengthening of joint cooperation in the field of oil, gas and energy.
And the Ministry of Oil said in a statement that "Al-Iqtisad News" received a copy of it, that "Minister Ismail received the French ambassador in Baghdad Eric Chevalier, and during the meeting, they discussed strengthening joint cooperation in the field of oil, gas and energy."
The Minister of Oil stressed, "Iraq's keenness to implement investment projects in the fields of oil, gas and energy in cooperation with French companies to develop the national economy."
For his part, the French ambassador said that "his country's companies wish to develop prospects for joint cooperation with Iraq in all fields concerned with the oil, gas and energy industry."
Views 101 Date Added 12/13/2021 https://economy-news.net/content.php?id=26940
Al-Halbousi And Mcgurk Discuss Ending The Combat Role Of The International Coalition Forces In Iraq
political| 03:46 - 13/12/2021 Baghdad - Mawazine News, President of the Progress Alliance, Muhammad al-Halbousi, received, in the presence of a number of coalition leaders, the Coordinator of the US National Security Council for the Middle East and North Africa Brett McGurk and his accompanying delegation.
Al-Halbousi's office said in a statement that Mawazine News received a copy of it, that "during the meeting, they discussed bilateral relations between the two countries, and ways to enhance continuous cooperation in the economic field and combating terrorism."
He added, "The meeting discussed ending the combat role of the international coalition forces in Iraq and moving to the role of advice and empowerment in accordance with the principles of strategic dialogue, and supporting the Iraqi forces in facing the challenges of terrorism." Ended 29 / h
https://www.mawazin.net/Details.aspx?jimare=178261
The Federal Court Postpones Consideration Of The Case Submitted Regarding The Election Results To The 22nd Of This Month
political| 12:33 - 13/12/2021 Baghdad - Mawazine News, the Federal Supreme Court postponed, today, Monday, the consideration of the lawsuit filed regarding the election results to a date later this month.
And a judicial source said in an interview with "Mawazine News", "The Federal Court held its session today to consider the appeals submitted with the election results and demand their cancellation, and heard the pleading of the lawyer of the head of the Al-Fateh Alliance Hadi Al-Amiri, who filed a lawsuit earlier, calling for the elections to be canceled and to consider the appeals submitted with their results." Noting that "the court decided to postpone the case to the 22nd of this month." Ended 29/A 4
https://www.mawazin.net/Details.aspx?jimare=178237
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