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More Iraqi News Thursday PM 4-8-21

More Iraqi News Thursday PM 4-8-21

TLM724 Administrator BondLady’s Corner

For The First Time, The Stock Exchange Is Organizing Two Evening Trading Sessions This Week

Stock  market. "Economy News"   Market  Economy News – Baghdad  The Iraq Stock Exchange (the stock exchange) announced that it will organize 5 morning sessions this week and two evening sessions during Monday and Wednesday.  During the week, 15 billion shares were held, worth 9 billion dinars.

The trading index closed in the market for the first session of the week at 593.07 points, while the index closed at the end of the week at 606.46 points, achieving an increase of 2.21% from its close in the first session.  The week also witnessed the implementation of more than 5,000 sale and purchase contracts on shares of companies listed on the market.   Number of observations 74 Date of addendum 04/08/2021

https://economy-news.net/content.php?id=24776

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Washington: We Are Concerned About The Continued Bombing Of Some Convoys In Iraq

Political| 03:15 - 08/04/2021  Baghdad - Mawazine News  The US ambassador to Iraq, Matthew Toller, expressed his concern today, Thursday, about the continued bombing of some convoys carrying aid to Iraq.

Armed groups have targeted some of the convoys that transport logistical support to the international coalition in Iraq.

Toller said, during statements to a group of journalists, that "the strategic dialogue between Baghdad and Washington focused on common aspects as well as on the interest of Iraq."  He added, "The dialogue demonstrated the serious commitment of President Biden."  Toller noted, "His country's satisfaction with the strong support provided by the Iraqi government in protecting foreign installations."

Yesterday, the third round of the strategic dialogue took place between Baghdad and Washington, where they agreed to set a timetable for the withdrawal of US forces from Iraq.

https://www.mawazin.net/Details.aspx?jimare=148836

Saleh Approves The Budget And Stresses The Implementation Of Its Provisions

Time: 04/08/2021 13:40:18 Read: 3,029 times  {Economic: Al Furat News} The President of the Republic, Barham Salih, approved today, Thursday, the federal fiscal budget law for the current year 2021.

"The approval comes to secure the necessary needs of our people, and to finance the salaries of employees and retirees and the necessary government expenditures, in a way that achieves social justice for all regions of Iraq and all segments of society," Saleh said during his budget signing ceremony, according to an official statement.

President Saleh stressed the need to adopt financial and economic reform and support the various economic sectors in a way that contributes to supporting the goals of development and progress, indicating that the approval of the budget is an important step towards meeting citizens' entitlements, and strengthening the role of the departments concerned with implementing the budget’s provisions and with concerted efforts by everyone to achieve what is hoped for in blocking The needs of citizens and rebuilding the country, and taking maximum measures to support the low-income classes, provide job opportunities for our youth, and continue the path of reform and combating corruption.

The approval of the President of the Republic came after the law reached the Presidency of the Republic from the House of Representatives after it was voted on in the House.

On March 31, the House of Representatives approved the federal fiscal budget for 2021, with total expenditures amounting to 129 trillion dinars (about $ 88 billion), while it recorded a deficit of 28 trillion (about $ 19 billion).

Estimated revenues from exporting crude oil were also calculated on the basis of an average price of $ 45 a barrel, and an export rate of 3.250 million barrels per day.

Iraq relies on the revenues from selling crude to cover more than 90 percent of state expenditures, which put the country in a stifling financial crisis last year, as a result of the decline in oil prices in global markets due to the Corona pandemic.

The approval of the budget comes after the lapse of 3 months of the current fiscal year, and it will be applied retroactively over the previous months.   LINK

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Including Iraq .. The World Gold Council Reveals The Reserves Of The Arab Countries

Time: 04/08/2021 15:54:02 Read: 975 times   {Economical | The Euphrates News} The World Gold Council published its monthly report for the list of the 100 countries most possessing gold within its reserve assets, and Saudi Arabia topped the Arab countries with reserves of the precious metal.

According to the report, Saudi Arabia possesses 323.1 tons of gold, followed by Lebanon with reserves of 286.8 tons, and then Algeria, which has reserves of 173.6 tons.

This arrangement is for the largest Arab countries that own gold, but what about the ranking of Arab countries in terms of per capita share of the country's gold reserves?

After calculating the per capita share of gold reserves, it appears that the Lebanese citizen tops his peers from the Arab countries in this indicator, as the share of the Lebanese is 1.35 ounce of gold (the weight of an ounce of gold = 31.10 grams).

While the share of the Qatari citizen is 0.64 ounce, while the Kuwaiti citizen's share is 0.60 ounce, while the share of the Saudi citizen is 0.30 ounce.

The following is the ranking of Arab countries in terms of per capita gold reserves in the country:  LINK

Parliament Presidency Sets The Date For The Start Of The Second Legislative Term

Time: 04/08/2021 16:16:51 Read: 13 times  Decided the presidency of the Council on the basis of Article 57 of the Constitution , " the Council session of the House of Representatives annual convening of two legislative running for eight months, determines the rules of procedure of how they shall be held, and the separation ends session , during which the general budget only after the approval of" the end of the first legislative term

Having blessed you the presidency The Council, your sincere efforts, as deputies, committees and parliamentary blocs, approving the federal budget for 2021. They announce that the beginning of the second legislative term / third legislative year will be on Tuesday 20/4/2021.   LINK

American Newspaper: There Is No Timetable For Withdrawing Forces After The Strategic Dialogue

Pratha News Agency115 2021-04-08  A report by the American newspaper Mercury revealed, Thursday, that, according to representatives of the Iraqi and American sides, the mission of the American forces in Iraq has shifted to training and advisory roles, allowing the redeployment of the remaining combat forces in the country after the end of the third round of strategic talks between the two sides.

The report stated that “according to statements issued by the American and Iraqi parties, the timing of the redeployment will be determined in the upcoming technical talks, without specifying a date for them. He also stressed the need for continued security cooperation. As the report says.

For his part, Pentagon Press Secretary John Kirby said, “The statement issued after the end of the dialogue round does not represent an agreement to start an additional withdrawal of American forces,” while the Iraqi army spokesman, Major General Yahya Rasoul, said, “Prime Minister Mustafa Al-Kazemi ordered the formation of a committee to conduct technical discussions with the American side for approval. On the "mechanisms and timing" of redeployment.

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The report stated that “the holding of the strategic dialogue session came as a result of pressure from the Shiite political factions that pressured the remaining US forces to leave Iraq. Among the participants in the online session were US Secretary of State Anthony Blinkin, Under Secretary of State for Political Affairs David Hale and Iraqi Foreign Minister Fuad Hussein. “.

The report pointed out that "all indications indicate that no timetable has been set for the withdrawal of the remaining US forces from Iraq, as the American side linked the timing to what it called the name of the range of threats posed by ISIS under a pretext that has become known and exposed."

http://burathanews.com/arabic/news/389953

Joint Statement On The U.S.-Iraq Strategic Dialogue

Home | News & Events | Joint Statement on the U.S.-Iraq Strategic Dialogue   The text of the following statement was released by the Governments of the United States of America and the Republic of Iraq.

Begin Text:   The delegation of the Republic of Iraq, led by Dr. Fuad Hussein, Iraqi Minister of Foreign Affairs, and the delegation of the United States Government, led by Secretary of State Antony J. Blinken, co-chaired a meeting of the Higher Coordinating Committee via video teleconference today, in accordance with the 2008 Strategic Framework Agreement for a Relationship of Friendship and Cooperation between the United States of America and the Republic of Iraq.

The two sides reaffirmed their strong bilateral relationship, which benefits the American and Iraqi people. The discussions covered security and counterterrorism, economics and energy and the environment, political issues, and cultural relations. The Iraqi delegation also included representatives of the Kurdistan Regional Government.

The two delegations reaffirmed the principles agreed upon by the two countries in the Strategic Framework Agreement (SFA). The United States reaffirmed its respect for Iraq’s sovereignty, territorial integrity, and relevant decisions of the Iraqi legislative and executive authorities.

Recognizing the difficulties brought about by the COVID-19 pandemic and the resulting global economic downturn, the United States and Iraq reaffirmed their strong economic partnership. The United States commended Iraq for its recent steps toward accession to the New York Convention on Arbitration and the introduction of a visas-on-arrival system to promote international trade and foreign investment.

Both countries intend to work closely together as Iraq commits to implementing reforms to diversify its economy, improve the business climate, and help create a more vibrant private sector. The U.S. delegation reaffirmed that American companies can assist in this diversification by investing in projects that will create jobs, improve public services, and help develop the country’s energy resources.

The two countries also discussed greater cooperation to combat the COVID-19 pandemic and the management of water resources. The U.S. government contributed funds to renovate and equip Iraqi public health laboratories; donated test kits and personal protective equipment; and trained Iraqi epidemiologists to identify and respond to the current and future outbreaks.

The United States expressed its support for Iraq’s efforts to reform its power sector so that its citizens have cheaper and more reliable electricity, and fewer power shortages. Both countries affirmed their support for Iraq diversifying its sources of energy by building greater ties to its neighbors in Jordan and in the Gulf Cooperation Council, including by moving forward with electric grid interconnection projects.

Iraq and the United States noted their mutual intent to address the climate emergency and to work together to promote clean energy and combat climate change, including with the U.S. private sector, by implementing projects that promote clean energy development, improve electricity generation through solar energy and energy efficiency, and capture Iraq’s flared gas.

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Such projects should contribute to improving Iraq’s nationally determined contributions under the Paris Climate Accord, a development that is welcomed by the United States. The United States and Iraq discussed cooperation with U.S. scientific agencies on management and protection of Iraq’s environment and natural resources, including water. The United States welcomed progress between the Iraqi Federal Government and the Kurdistan Regional Government in reaching agreements on budgetary, energy, and other strategic issues.

The United States reaffirmed respect for Iraq’s sovereignty, territorial integrity, and freedom of expression guaranteed by Iraq’s constitution. The two delegations discussed how the United States could best support the Iraqi government to protect peaceful protesters and civil society activists and pursue judicial accountability. Iraq welcomed the United States government’s support for parliamentary elections through funding for the United Nations Assistance Mission for Iraq.

The two countries have jointly moved to extend the maximum validity of visas for diplomatic travelers and government delegations to two years, reducing administrative delays on both sides. This ensures greater mobility and direct communication between our governments.

The United States reaffirmed its continued intention to support Iraq in advancing durable solutions for internally displaced persons that are voluntary, safe, and dignified, and to help those communities that were targeted for genocide by ISIS. Both countries discussed their intention to achieve further progress in the field of judicial cooperation, in the recovery of stolen assets, and in combating and prosecuting corruption.

In the security and counterterrorism discussion, the United States and Iraq reaffirmed their mutual intention to continue bilateral security coordination and cooperation. Both countries reaffirmed that U.S. forces are in Iraq at the invitation of Iraqi Government to support the Iraqi Security Forces (ISF) in their fight against ISIS.

Based on the increasing capacity of the ISF, the parties confirmed that the mission of U.S. and Coalition forces has now transitioned to one focused on training and advisory tasks, thereby allowing for the redeployment of any remaining combat forces from Iraq, with the timing to be established in upcoming technical talks.

The transition of U.S. and other international forces away from combat operations to training, equipping, and assisting the ISF reflects the success of their strategic partnership and ensures support to the ISF’s continued efforts to ensure ISIS can never again threaten Iraq’s stability.

The Government of Iraq reaffirmed its commitment to protect the Global Coalition’s personnel, convoys, and diplomatic facilities. The two countries also emphasized that the bases on which U.S. and Coalition personnel are present are Iraqi bases and their presence is solely in support of Iraq’s effort in the fight against ISIS. The two countries intend to continue talks through the Joint Military Committee to ensure Global Coalition activities are aligned with and appropriately support the needs of the ISF, including the Peshmerga.

With regard to higher education, science, and culture, the two governments discussed U.S. support for Iraq’s efforts to strengthen higher education in cooperation with American universities through, inter alia, the Fulbright program, the U.S. Embassy’s Higher Education Partnership initiative, and expanded U.S. support to the Liberated Universities Initiative.

The United States and Iraq intend to identify additional ways to support Iraq’s plans to reform higher education and strengthen U.S.-Iraqi university partnerships. The two delegations also reviewed progress on their mutual efforts to preserve Iraq’s rich cultural heritage and religious diversity and reaffirmed their intention to cooperating in the return of Iraqi cultural property illegally imported into the United States to its rightful place in Iraq.

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Last August, the Government of Iraq took possession of the Ba’ath Party Archives from the temporary protective custody of the Hoover Institution. The Department of State helped to arrange this transfer, and the Department of Defense transported these 6.5 million documents back to Baghdad.

These working files of the Ba’ath Party are part of the history of the people of Iraq and their return to Iraq can be viewed as tangible fruit of the recent U.S. Iraq Strategic Dialogue.

The two countries also discussed progress on a U.S. grant to the Smithsonian Institution to continue and expand the Nimrud Rescue Project, which supports Iraqi objectives in cultural preservation. Finally, the two delegations discussed ways to share the cultural and historical accomplishments of the Iraqi people with the rest of the world through online exhibits.

The two countries reaffirmed the importance of the strategic relationship and their determination to continue to take steps to enhance it in the interest of both countries and to achieve security, stability, and prosperity in the region. The United States welcomed the opportunity to reaffirm and strengthen its partnership with Iraq. The two governments look forward to further discussions of the above issues at a Strategic Dialogue Higher Coordination Committee meeting to be held at a later date.  End text.

By U.S. Embassy in Baghdad | 8 April, 2021 | Topics: Embassy, News, Press Releases, U.S. & Iraq, U.S. Consulate in Erbil, U.S. Embassy in Baghdad   https://iq.usembassy.gov/joint-statement-on-the-u-s-iraq-strategic-dialogue-2/

 

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