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More Iraqi News Wednesday PM 2-24-21

More Iraqi News Wednesday PM 2-24-21

TLM724 Administrator BondLady’s Corner

Prime Minister Mustafa Al-Kazemi Receives A Phone Call From US President Joseph Biden

Prime Minister Mustafa Al-Kazemi received a phone call from the President of the United States of America, Mr. Joseph Biden, on Tuesday evening.

During the call, they discussed bilateral relations between the two countries, the situation in Iraq and the region, as well as a number of regional and international issues of common interest.

The two sides also discussed strengthening joint cooperation between Baghdad and Washington and ways to develop it in various fields, foremost among which is economic and security cooperation and in the field of combating terrorism.

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During the call, the Prime Minister and the US President discussed the resumption of the strategic dialogue between the two countries, in a manner that would advance the relationship, on the basis of common interests and the strengthening of Iraqi national sovereignty.

The importance of protecting diplomatic missions in Iraq was emphasized, and attempts to undermine security and stability in Iraq and the region were rejected.

Media Office of the Prime Minister 24 February 2021   https://pmo.iq/press2020/24-2-202101.htm

President Joseph R. Biden, Jr. Call With Prime Minister Mustafa Al-Kadhimi Of Iraq

FOR IMMEDIATE RELEASE February 23, 2021   Readout of President Joseph R. Biden, Jr. Call with Prime Minister Mustafa Al-Kadhimi of Iraq

President Joseph R. Biden spoke today with Prime Minister Mustafa Al-Kadhimi of Iraq. The President affirmed U.S. support for Iraq’s sovereignty and independence and commended the Prime Minister’s leadership.

They discussed the recent rocket attacks against Iraqi and Coalition personnel and agreed that those responsible for such attacks must be held fully to account. Together, they discussed the importance of advancing the Strategic Dialogue between our countries and expanding bilateral cooperation on other key issues. The President agreed to stay in close touch with the Prime Minister over the coming days and weeks.

By U.S. Embassy in Baghdad | 23 February, 2021 | Topics: News, President of the United States, Press Releases, U.S.

https://iq.usembassy.gov/president-joseph-r-biden-jr-call-with-prime-minister-mustafa-al-kadhimi-of-iraq/

Continuing Negotiations On The Share Of Kurdistan ... Kurdish Parliamentarians Ruled Out Holding A Parliament Session This Week

Political| 02:44 - 24/02/2021  BAGHDAD - Mawazine News, from the Patriotic Union of Kurdistan bloc in the House of Representatives, MP Rizan Sheikh Delir, excluded, on Wednesday, the convening of the House of Representatives session this week, pointing out that negotiations will continue regarding the region's share of the federal budget for 2021.

Representative Rizan Sheikh Delir explained, according to media Her party, that "negotiations will continue until an agreement is reached on the region's share in the federal budget," excluding "holding a session of the House of Representatives this week."

She added: "The council will meet after completing all the paragraphs of the fiscal budget for 2021." Ended 29 / A43   https://www.mawazin.net/Details.aspx?jimare=143136

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12 Companies Incurred Losses On The Stock Market Index

Iraqi Stock Exchange «Economy News» Market  Economy News – Baghdad  12 losing companies incurred losses in the stock market index in Wednesday's session.

The Middle East Bank Company topped the losing companies, by 5.26%.

While Al-Khair Financial Investment Company topped the winning companies by 10.00%.

The session witnessed the circulation of 2.7 billion shares, worth 1.3 billion dinars.

The stock market index also decreased by 0.14%.

In turn, foreign investors sold 13 million shares, worth 13 million dinars, after executing 11 deals on the shares of two companies.   Number of observations 70 Date added 02/24/2021

https://economy-news.net/content.php?id=24216

Dollar Exchange Rates In The Local Market Today

Market  Economy News _ Baghdad  Al-Eqtisadiah News publishes a list of the Iraqi dinar exchange rate against the dollar for today, Wednesday (February 24, 2021).   The price of the dollar against the Iraqi dinar

Exchange offices prices: The sale price of the dollar is 146,000, the purchase price of the dollar is 145,000

Number of observations 44 Date of addendum 02/24/2021 

https://economy-news.net/content.php?id=24209

Iraq And Jordan Sign An Agreement To Establish The Joint Industrial Chamber

Time: 02/23/2021 20:02:38 Read: 3,653 times   {Baghdad: Al Furat News} Iraq and Jordan signed an agreement to establish the joint industrial chamber between the two countries.

The Minister of Industry and Minerals, Manhal Aziz Al-Khabaz, continued his talks with the Jordanian Minister of Industry, Trade and Supply, Maha Ali, during an expanded meeting held by the two sides at the Cabinet’s Guest House, in the presence of advisors and a number of general managers in the ministry’s departments and formations, members of the Jordanian delegation from the private sector and their counterparts from the Iraqi side.

Al-Baker emphasized, "Iraq is strong and able to assume responsibility and move forward and cross to better stages with the determination and support of the Prime Minister, Mustafa Al-Kazemi, by removing obstacles and cooperating with all countries," noting at the same time that "Iraq is a large industrial country, but it has faced many From difficult circumstances and needs to exchange experiences and transfer successful experiences from countries, including brotherly Jordan.

He stressed, "The doors of Iraq are open to the Jordanian brothers to enhance cooperation in the industrial field, starting with the pharmaceutical industry and other industries in light of the strong desire of the governments of both countries," noting that "the presence of major Jordanian pharmaceutical manufacturers constitutes an incentive and an encouraging factor for the Iraqi side."

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Al-Khabaz declared that "the direction of preparing a feasibility study for the joint economic city will proceed with the support of Anbar Governorate, the National Bank of Iraq and other parties, with the intensification of technical meetings so that the city sees the light in the coming period."

He also indicated "the necessity to start media promotion and marketing for the Economic City in order to define its benefits, importance, objectives and significant positive impact for both countries by providing job opportunities, increasing the volume of investments and achieving economic integration."

For her part, the Jordanian Minister of Industry, Trade and Supply expressed her welcome to the steps taken by the Ministry of Industry to accelerate the implementation of the Economic City, stressing the desire for cooperation in the field of pharmaceutical industries that will benefit the Iraqi and Jordanian private sector, expressing readiness to cooperate and transfer knowledge and the Jordanian experience in a way that will enhance the strategic partnership that The two countries aspire to it on the economic side. ”

The two ministers welcomed the signing of the agreement to establish the Iraqi-Jordanian Chamber of Industry between the Federation of Iraqi Industries and the Jordanian Chamber of Industry, as the two sides emphasized the importance of this step for the continuity of communication and opening areas of cooperation and opportunities for the private sector to complete the aspirations of the governments of the two countries to enhance economic and industrial cooperation in a manner. Private.

This was during the meeting an exchange of views between the Iraqi and Jordanian public and private sectors, stressing the continuation of the relationship between the two sides and reaching real partnerships in the coming period and agreeing to communicate to reach a formula for cooperation and joint action.

The Minister of Industry also confirmed in press statements that a number of decisions have been reached regarding the establishment of the joint economic city, pointing out that the Iraqi-Jordanian Company for Industry will adopt the attraction of offers to prepare a feasibility study for the city, which will be built on an area of ​​4800 dunums on the Iraqi side, equivalent to the same area on the Jordanian side, and it will be an economic city. An integrated part of it is an industrial one. ”He

indicated that“ the feasibility study will determine the type and size of industries, the size of the infrastructure and the cost of establishing the city, stressing the aspiration of the two sides to activate cooperation and industrial integration agreements. ”   LINK

In The Document ... A Deputy Directs A Question To The Governor Of The Central Bank Regarding Stopping The Granting Of Licenses To Electronic Payment Service Providers

Time: 02/24/2021 12:32:49 Read: 1,651 times   {Baghdad: Al Furat News} Member of Parliament Jamal Al-Muhammadawi directed a parliamentary question to the governor of the Central Bank regarding the legal basis for granting the Ishtar Gate Company for systems and electronic payment services a license despite the existence of decisions to suspend licenses.

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A document issued by the office of Representative Jamal Al-Muhammadawi revealed that "the board of directors of the Central Bank decided, according to two circulars dated (11/18/2018) and (1/16/2020), to stop promoting the granting of licenses to electronic payment service providers."

According to the document, "it was decided to extend the suspension by virtue of the bank’s management decision No. (33) for the year (2021), as per circular number (9/5/53) on (2/11/2021)."

The document included a question: “What is the legal basis under which the company (Ishtar Gate for Systems and Electronic Payment Services) was granted license No. (14) on 11/29/2020 despite the existence of decisions to stop granting licenses.  LINK

The Council Of Ministers Holds A Regular Session Headed By The Prime Minister, Mr. Mustafa Al-Kazemi

Today, Tuesday, the Council of Ministers held a regular session chaired by Prime Minister Mustafa Al-Kazemi, during which the latest developments in the country were discussed, as well as the topics included in its agenda.

At the beginning of the session, the Prime Minister praised the efforts of the state institutions and agencies that contributed to the application of the curfew, and thanked all citizens who adhered to the measures of the health ban, and his Excellency confirmed that the escalation of commitment to preventive measures will enable us to reduce the effects of the new and more dangerous strain of the epidemic.

Regarding the security situation in the country, Mr. Al-Kazemi stressed the continuation of pre-emptive operations against terrorism, to eliminate what remains of its remnants and dry up its sources, praising the efforts of the heroic security forces of all kinds, which are linked day and night in pursuing terrorist cells.

His Excellency stressed that Iraq will not be an arena for settling scores, and that the absurd missiles are an attempt to embarrass the government and impede its progress, stressing that the security services will be able to reach the perpetrators and they will be brought before public opinion.

Mr. Al-Kazemi stated that weak souls had been awaiting the collapse of the economic situation since October and last two months, but the governmental measures enabled Iraq to pass this difficult stage in a wise manner.

His Excellency confirmed that the foreign exchange reserves of Iraq, after it was threatened with collapse, started to escalate, and it is expected that it will increase by nearly four billion dollars by the end of this month, since the start of the reform measures and changing the exchange rate, and corruption operations have been greatly reduced in the Central Bank auction. , And indicated that the government is working with deliberate plans to revitalize the Iraqi economy, support the private sector and provide more job opportunities.

The Minister of Health and Environment presented a report on the developments of the work of the Committee for the Promotion of Governmental Measures in the areas of prevention and control of health and awareness regarding limiting the spread of Coronavirus, as well as the efforts of the Ministry of Health in facing the pandemic and continues awareness campaigns targeting citizens and urging them to adhere to preventive measures.

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After the Council of Ministers discussed what is included in its agenda, it issued the following decisions:

First / Approval of the draft law on judicial protection for companies manufacturing Covid 19 vaccine and referring it to the House of Representatives based on the provisions of Articles (61 / Item First) and (80 / Item Second) of the Constitution .

Second / Approval of the Ministry of Health providing the vaccine from the Chinese company Sinopharm.

Third / Approval of increasing the capital of the General Company for North Electricity Distribution, one of the formations of the Ministry of Electricity, by an amount of (974109524557) dinars, only nine hundred and seventy-four billion one hundred and nine million five hundred and twenty four thousand five hundred and fifty-seven dinars, which represents the amount of the company’s capital increase approved by the Supervision Bureau Federal Finance, based on Article (10 / First / 1) of the Public Companies Law (22 of 1997) as amended.

Fourth / Approval of the following:

- Issuing instructions to facilitate the implementation of the provisions of the Law to perpetuate the sacrifices of the martyrs of the war against ISIS terrorist gangs, to expedite the completion of their transactions, and to take care of the wounded, based on the provisions of Article (9) of the Law of Immortalizing the Martyrs of the War Against ISIS Terrorist Gangs, and to speed up the completion of their transactions and take care of the wounded No. 81 of 2017 ).

- The issuance of the rules of procedure for the committee overseeing the implementation of the provisions of the Law to perpetuate the sacrifices of the martyrs of the war against ISIS terrorist gangs, accelerate the completion of their transactions and take care of the wounded No. (81 of 2017), based on the provisions of Articles (6 and 9) of the Law of Commemorating the Martyrs of War Against ISIS terrorist gangs Accelerating the completion of their transactions and taking careful care of the wounded No. 81 of 2017.

Taking into consideration the opinion of the legal department in the General Secretariat of the Council of Ministers regarding the aforementioned rules and regulations.

Fifth: Approving the abolition of Paragraph (1) of Cabinet Resolution (92 of 2020), which includes selling barley for export purposes, and working with the rest of the paragraphs on the supply of fodder barley in support of livestock breeders.

Sixth / Approval of the recommendation of the Ministerial Energy Council No. (27 of 2021) according to the following: -

Approval of the extension of contracts for the transportation of petroleum products to power plants ending on March 1, 2021, until April 30, 2021, to complete the new referral procedures, according to what was mentioned in the Ministry of Oil book No. (F / 120) on February 22, 2021.

Seventh / Approval of writing off the amount of the remaining debts amounting to (16124500000) dinars, only sixteen billion one hundred twenty-four million five hundred thousand dinars, distributed to the employees of the Teachers Syndicate within the numbered plot (3 m 4, the northeastern island of Najaf), based on the provisions of Article 46 ) Of Federal Financial Administration Law No. (6 of 2016), and Clause 1 of Cabinet Resolution (28 of 2020).   The Media Office of the Prime Minister - 23 February - 2021

https://pmo.iq/press2020/23-2-202101.htm

 

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