More Iraqi News Monday PM 9-6-21
More Iraqi News Monday PM 9-6-21
TLM724 Administrator BondLady’s Corner
MEMBER: Tobyboy: This would not work presently. Reason most of the politicians are crooks and have been stealing the money for years. They gave themselves immunity. The country needs to eliminate the immunity and put the politicians in jail and freeze all the money the politicians have in their Bank accounts & property around the world.
There are Billions of dollars the politicians have stolen over the years. Until they eliminate the immunity & freeze all the accts the politicians are holding does no good the will continue stealing the funds of the country.
Al-Kazemi’s Financial Advisor Talks About The Generations Fund: It Is Still An Idea
Monday, September 6, 2021 12:41 PM Baghdad / National News Center The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Monday, that Iraq lacks a sovereign fund, indicating that there is an idea to establish it soon.
Saleh said in a press interview; The “National News Center” website continued, “Iraq does not have a sovereign wealth fund, but it has the investment portfolio of the bank responsible for economic stability and currency stability, and it is considered semi-wealth of a sovereign fund, and there is also the Iraq Fund for Foreign Development that has investments with Arab companies.”
A joint venture of up to $3 billion and receives profits, but it is not large, and it is considered a sovereign wealth fund, but it is simple.”
He explained that "the Gulf countries have formed the largest sovereign wealth funds, in addition to Norway, which has the largest sovereign fund in the world, with an amount of $1.250 trillion, which came from oil revenues," noting that "Norway builds its budget on the basis of balance and the budget surplus goes to various investments. Income and the fund grows, and when the state needs a budget, the profits of the fund block the budget.”
Saleh pointed out that "the Iraqi government is considering establishing such a fund, but the country has a deficit and not a surplus," noting that "we have proposals to establish an Iraqi sovereign wealth fund, in which amounts equivalent to the Kuwait war compensation will be deposited after the completion of paying those compensations in the coming months.
And it is supported by any other assets and at the same time it is an investment for mineral wealth that is not invested or neglected, and its returns go to the fund and we establish the Generations Fund and this is called sustainable development.”
a sovereign wealth fund or sovereign funds; It is a state-owned fund consisting of assets such as land, shares, bonds or other investment devices, and these funds can be described as entities that manage state surpluses for investment and promise billions of dollars invested by states in stocks and bonds. https://nnciraq.com/84494/
Millions Of Dollars.. Iraq And Syria Are About To Sign Export Contracts
Economie| 12:03 - 06/09/2021 Baghdad - Mawazine News, a number of Syrian and Iraqi industrialists expected, with the conclusion of the "Made in Syria" export exhibition, specialized in the field of clothing and textiles, that export contracts with Iraqi companies will be signed soon.
These contracts are expected to be worth millions of dollars, giving new impetus to the Syrian textile industry, which has suffered during the war years.
In a statement to the Syrian newspaper Al-Watan, the Iraqi trader, Muhammad Al-Rubaie, confirmed that the Syrian products are very popular and have a good reputation for their quality and the right price, explaining that the exhibition for them in Iraq is a window to open new horizons of joint cooperation between Syria and Iraq in the field. Commercial and industrial, and that this exhibition was one of the most important exhibitions, as many contracts were signed with Syrian industrialists worth millions of dollars.
Al-Rubaie stressed that "the Syrian product is a window for us to the neighboring countries. The Iraqi trader demanded that some difficulties and restrictions be overcome and the procedures that hinder the movement of trade between the two countries be removed, because the Syrian markets are the lifeblood of the economic movement."
In turn, the head of the Syrian Garment and Textile Exporters Association, Ragheed Al-Halabi, confirmed that the exhibition is "a step to advance the Syrian economy and rebuild the Syrian textile industry and launch it towards export markets so that Syria can regain its position strongly in the export markets as it was previously, but the most important concern for exporters is controlling prices. Exchange".
Al-Halabi pointed out that this season, good contracts were signed at the exhibition, "and we noticed the industrialists' pleasure by signing contracts for export, especially since shipping has become expensive for countries such as China and other countries."
Al-Halabi mentioned that Arab markets are open to Syrian products from the widest of doors, and there is an intention and continuous work to set up a specialized exhibition of clothes "Made in Syria" in many Arab countries, and the beginning may be in Libya.
It is noteworthy that the exhibition "Made in Syria", organized by the Federation of Syrian Chambers of Industry in cooperation with the Association of Syrian Exporters, was held on the grounds of the exhibition city in Damascus with a large participation of 180 companies, and the participation of about 1,000 businessmen, traders and industrialists who specialize in the fields of clothing and products Textiles from different countries. Ended 29/A 43 https://www.mawazin.net/Details.aspx?jimare=166400
Al-Araji To NINA: The Strategic Dialogue Between Baghdad And Washington Has Ended, And The Technical Committees Will Meet This Week
Monday 06 September 2021 16:22 | political Number of readings: 194 Baghdad / NINA / - National Security Adviser Qassem Al-Araji announced that the joint technical committees between Iraq and the United States will meet this week.
Al-Araji said, in a statement to the National Iraqi News Agency ( NINA ), that "the joint technical committees will meet this week to implement the outcomes of the fourth round of the strategic dialogue between Iraq and the United States, held last July in the capital, Washington," noting that "the strategic dialogue sessions have ended." Practically, the rest of it is the technical side."
The National Security Adviser reiterated that December 31 of the current year 2021 will witness the exit of the last foreign soldier from Iraq, according to the agreement between Baghdad and Washington, noting that “the end of this year we will witness the withdrawal of the last combat soldier from Iraq, as was agreed upon in the Prime Minister’s recent visit to Washington. ".
He added, "The agreement on the withdrawal of combat forces from Iraq does not mean changing the mission because the trainers and advisors are not combatants, and therefore Iraq needs trainers and advisors at the request of the government, as this number will be determined later."
Al-Araji stressed, "The Iraqi security forces are able to address the loopholes of the terrorist Daesh," noting that "the international coalition is from multiple countries, and there is an agreement with the Italian police for the return of training programs for the Iraqi police."
On cooperation with NATO, Al-Araji explained that "NATO is an advisory training force with military experience, not combat forces," noting, "We asked NATO to expand training operations for the Ministries of Interior and Defense, the Counter-Terrorism Service and the Popular Mobilization."/ Ended 5
https://ninanews.com/Website/News/Details?Key=925787
Ports Announce The Imminent Arrival Of Two Specialized Ships To Support Its Naval Fleet
Monday 06 September 2021 11:15 | Economic Number of readings: 310 Baghdad / NINA / - The General Company for Ports of Iraq in the Ministry of Transport announced the imminent arrival of two specialized ships to the ports of Iraq after the completion of their industry in Sri Lanka, among the projects funded by the Japanese Loan Authority.
The Director General of Iraq Ports, Farhan Al-Fartousi, said in a statement: "After the completion of their construction, namely the Shatt Al-Arab extension station and the Al-Faw marine enlightenment ship, the two ships will go to load them on one of the large ships to reach our territorial waters."
He added: "These two ships will soon arrive at the ports of Iraq, and will make a great addition to the work of the marine cadres, as one of them will be specialized for transporting and harboring marine guides, and the other specialized for setting up and lifting marine indication buoys and used to guide the coming and departing ships from and to our navigation channels."
He explained, "The technical and engineering staff in the company made several test flights on board these two ships to test their capabilities."/ https://ninanews.com/Website/News/Details?key=925720
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