Zig’s Place News Thursday Afternoon 5-20-21

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Butterfly    Economic by / NINA /: Iraqi minds must be invested at home or abroad to build the state economically

Thursday 20, May 2021 19:40 .......An expert in economic affairs, Safwan Qusay, confirmed that the process of building a state in Iraq needs a set of requirements, including the selection of human resources, calling for the investment of Iraqi minds at home or abroad to build such a state.

Qusay said in a statement to the Iraqi National News Agency / NINA / that: The process of building the state in Iraq needs a set of requirements, including the selection of human resources that can favor the public interest over the private interest, and that the process requires respecting legal legislation and not tampering with laws for private purposes. All of this requires investment in building people and rebuilding those who were not built properly.

He added: "A country like Iraq possesses all the ingredients required for it to be a respectable country in all fields and to invest Iraqi minds at home or abroad capable of building such a state, and if the people become part of the construction process, we will succeed in that otherwise, the efforts of successive administrations will remain scattered and will increase." Chaos, because the people of Iraq deserve a high place among the peoples worthy of all their resources.

He stressed that "reform begins with guiding people first and foremost, and this requires investment in education and the creation of a spirit of participation and creativity to achieve goals in the shortest way."

butterfly  OPEC warns of fluctuations in oil prices due to international energy

Thursday 20, May 2021 21:07........OPEC said that a report from the International Energy Agency urges investors not to finance new oil projects in order to curb emissions that may lead to fluctuations in the price of crude if it is introduced.

On Tuesday, the Energy Agency said that investors should not finance new oil, gas and coal projects if the world is to achieve net zero emissions by the middle of the century, in a warning that is the most severe yet regarding the importance of reducing fossil fuel consumption.

The Research Division of the Organization of the Petroleum Exporting Countries, whose 13 members are above 80% of global crude oil reserves, issued an internal document on the IEA report.

The "OPEC" report said, "The claim that there is no need for new investments in oil and gas after 2021 is in stark contrast to the conclusions mentioned repeatedly in other reports of the Energy Agency and may become a source of potential instability in the oil market if it is taken by some investors."

She added that a possible scenario in the IEA report might affect the way companies invest and limit oil demand. OPEC currently expects a strong recovery in oil demand this year and its continued rise until the thirties of this century.

She said, "While the perception of reaching net zero emissions appears overly ambitious in terms of assumptions and results, it will undoubtedly influence investment decisions, which could curb (growth) demand for fossil fuels such as oil and gas, as many use Policymakers and oil and gas companies' perceptions of the IEA when developing their strategic plans. "

butterfly  The organization added that for many developing countries, the path towards zero net emissions is unclear in the absence of international assistance and that they will need technical and financial support to achieve it.

OPEC said, "In the absence of greater international cooperation, global carbon dioxide emissions will not decline to net zero by 2050."

butterfly   An Israeli source: The Netanyahu government is moving towards declaring a unilateral ceasefire

Thursday 20, May 2021 21:47....An Israeli source said this evening, Thursday, that the government of Israeli Prime Minister Benjamin Netanyahu is moving towards declaring a unilateral ceasefire.

The source added in a press statement that consultations are continuing in the security cabinet and the security cabinet before the ceasefire is announced.

Israeli Prime Minister Benjamin Netanyahu presented during the council meeting a proposal for a unilateral ceasefire in Gaza.

Israeli officials have confirmed to the "Walla" news site that there is an expectation of a breakthrough within the next 24 hours in the negotiations for a cease-fire around the Gaza Strip.

The officials, whose names were not disclosed by the Israeli website, stated that negotiations are underway through two channels, namely the Egyptian intelligence services and the United Nations special envoy to the Middle East peace process, Tor Winsland.

The website quoted high-ranking officials as explaining that the Egyptian mediators are leading the consultations and are still in direct contact with the leadership of "Hamas" movement in the Gaza Strip, while Winsland traveled to Doha, where he met with "Hamas" leaders residing there who have "some influence on the situation."

For her part, White House spokeswoman Jane Psaki said that reports of a move toward a ceasefire in the Israeli-Palestinian conflict are encouraging.

"We have seen reports of a move towards a possible ceasefire, and this is encouraging, of course," she added in a press briefing .

butterfly  Aboul Gheit condemns the indiscriminate Israeli shelling and targeting of the Qatar Red Crescent headquarters in Gaza

Thursday 20, May 2021 22:15.....The Secretary General of the League of Arab States, Ahmed Aboul Gheit, condemned in the strongest terms the continued indiscriminate shelling by the Israeli forces in the Gaza Strip.

Aboul Gheit emphasized that "Israel commits a new crime against humanity every day that is added to its disgraceful record."

An official source in the General Secretariat quoted Abul Gheit as saying, "The bombing of the Qatar Red Crescent building in the Gaza Strip, which left martyrs, wounded and heavy losses, represents a flagrant violation of international humanitarian law and the ethics of war, and reveals the nature of the moral standards that the Israeli army adheres to."

The source added that "Israeli crimes against hospitals, housing and schools, as well as humanitarian and media institutions, are registered and documented, and Israel must bear responsibility for them."

Aboul Gheit stressed, "The necessity of holding the perpetrators of these atrocities accountable in accordance with the statute of the International Criminal Court, which previously announced that its jurisdiction includes the occupied Palestinian territories."

butterfly  Al-Kazemi announces the agreement with an American commander on the withdrawal of the international coalition from Iraq

17:33 – 20/05/2021   Al-Kazemi announces the agreement with an American commander on the withdrawal of the international coalition from IraqThe information / Baghdad ..

Prime Minister Mustafa Al-Kazemi and the Commander of the US Central Command, General Kenneth McKinsey, agreed Thursday to develop mechanisms to implement the outcomes of the third round of the strategic dialogue between Iraq and the United States, and to proceed with the withdrawal of the combat forces of the international coalition.

Al-Kazemi’s media office said, in a statement, which the agency / Al-Malouma / received a copy of, that the latter received McKinsey today, “During the meeting, they discussed the relationship between Iraq and the United States of America and the international coalition.”

He added that the two sides studied “developments in the field situation and joint coordination in the war against the terrorist organization ISIS , especially in light of the great growth in the capabilities of the Iraqi forces.”

The statement continued: “It was agreed to hold the first session of the specialized technical committee, in order to develop mechanisms to implement the outcomes of the third round of the strategic dialogue between Iraq and the United States, and to proceed with the withdrawal of the combat forces of the international coalition from Iraq. ”

He pointed out that the meeting discussed “other frameworks for the security relationship between the two countries, in the fields of training, logistical support and information exchange in a manner that supports the capabilities of the Iraqi military establishment, in order to enable it to reach self-reliance in the face of current and future challenges.” Ended / 25 h   almaalomah.org

butterfly  Earthlink: More than 120 unlicensed internet companies in Iraq ... offer one solution

05/20/2021 ............{Economist: Al Furat News} The Executive Vice President of Earthlink, Alaa Jassim, revealed that there are more than 120 unlicensed internet companies in Iraq, while he confirmed the existence of 23 companies licensed by the Iraqi government.

Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe, click here

"Iraq has 23 official companies and more than 120 informal companies, and this is the main reason for all the problems of the Internet sector," Jasim said during an online session.

He explained, "Any person can rent an office for him, puts a sign for the name of the company and starts buying the Internet from the ministry or from one of the ministry's partners or by smuggling, and starts selling naturally without having a work permit," indicating that "the existence of 100 informal companies means the possibility of existence." 100 towers in one area, and this is a major obstacle for large and officially registered companies.

He stressed, "Any specialist in any country in the world who hears the existence of 100 companies in Iraq will say it is impossible to provide good internet service in it," noting that "the presence of a large number of unlicensed companies means that these companies do not pay guarantees, insurance, or sales tax." Consequently, their operating costs are lower than those of large companies by 20 to 40 percent, and if they get access to the Internet through smuggling, the cost is 60 percent or more lower than that of large companies. "

butterfly  He pointed out that "the only solution to eliminate all these problems is the FTTH service, and we launched this service in the Zayouna area and started with 2,000 homes, and the Ministry’s revenues were three times higher than previous revenues." Another 65 regions, and within 3 years, more than 90% of Iraq will be covered by this service. "

butterfly   Inflation and Chinese action are pushing digital currencies down

05/19/2021 21:57:29............{Economic: Al Furat News} The decline in the stock market and the massive decline in cryptocurrency prices, in conjunction with threats related to the rise in unwanted inflation, prompted investors to move away from assets that are seen as vulnerable to demise in the event of monetary stimulus measures.

Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe, click here

And digital currencies came under pressure after China imposed restrictions related to preventing financial institutions and payment companies from providing services related to cryptocurrency transactions.

The value of the virtual currency Bitcoin fell to about $ 30,000, less than half the record value it reached last month, before rising to just over $ 42,000.

GBMorgan bank analysts, including Nikolaos Banegaertzoglu, said in a research note that the deterioration in Bitcoin prices indicates continued contraction of expenditures by institutional investors.

"It appears that institutional investors are trying to move away from the cryptocurrency and return to traditional gold," they added.

butterfly   A sense of caution and anticipation prevailed in stock markets, coinciding with the upcoming release of the US Federal Reserve meeting minutes, later on Wednesday, which may give an indication of the economic trends and the monetary policy indicator in the United States.

The European "STOXX 600" index remained down by 1.3 percent, on its way to record the largest decline in more than a week, while the "MSCI" index of stocks around the world fell by 0.4 percent, and the same index fell by the largest in Asia and the Pacific Pacific, Japan's Nikkei index also fell 1.3 percent.

And futures contracts for the "Standard & Poor's" US index by 1 percent in Europe, a day after Wall Street shares fell in late trading Tuesday.

While demand is recovering quickly, as many developed countries have made a rise in cases of vaccination against the Corona virus, companies face obstacles related to the lack of chips and containers, and in the United States, workers, which raised fears of higher prices.

Data showed, on Wednesday, that British consumer price inflation more than doubled, reaching 1.5 percent in April.

The inflation rate in the euro area increased in the same month, with consumer prices increasing by 0.6 percent on a monthly basis, up 1.6 percent on an annual basis. Canadian inflation data is due for release at a later time.

In the US, the Fed has adhered to the narrative that the recent rise in inflation will be fleeting.

butterfly   "Inflation remains the biggest issue, whether it is real, or whether the Federal Reserve will need to change its policy because of that," said State Street Bank's foreign exchange director in Tokyo.

"At the moment, the markets are putting their trust in the Fed's narrative," he added.

Investors are expected to remain cautious after the unexpected rise in US consumer inflation that appeared earlier this month.

Any other boom could damage assets whose prices have been boosted by monetary easing measures, including cryptocurrencies, which have soared sharply over the past year.

Bitcoin expanded from its previous recession, falling 13 percent, reaching its lowest level since early February, raising its loss to more than 40 percent.

Ether, the second-largest cryptocurrency, is down 28 percent, and it's down more than 42 percent from its record highs reached last week.

Some commodities also lost ground, with US timber futures losing about 20 percent in the past three sessions.

Oil prices fell for a second day due to concerns related to the volume of demand, in conjunction with the increase in cases of Coronavirus in Asia and fears of high US interest rates, which may limit economic growth.

US crude futures fell 2 percent to $ 64.21 a barrel, while Brent crude futures lost 1.9 percent and stabilized at $ 67.44 a barrel.

butterfly   Brent oil is close to its lowest level in three weeks

05/20/2021 09:15:54...............{Economic: Al Furat News} Brent oil settled, on Thursday, near its lowest level in three weeks after a wider recession in the market, as investors bet on the possibility of an increase in Iranian supply at a time when OPEC + returns more barrels to the market.

Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe, click here

Brent crude rose 6 cents, or 0.42 percent, to $ 66.94 a barrel by 05:41 GMT, after falling 3 percent on Wednesday. US oil fell seven cents, or 0.55 percent, to $ 63.70 a barrel, after falling 3.3 percent in the previous session.

Oil is still up nearly 30% this year as the recovery from the Covid-19 pandemic accelerates in the United States and parts of Europe, while the purchase of crude oil shipments from countries like China remains strong.

The second wave in India cut gasoline and diesel sales by up to 20% for the largest refiner, Indian Oil Corp., lowering processing rates.

Lower prices this week gave additional momentum on Wednesday after media reports said the United States and Iran had made progress in talks over Tehran's nuclear program that could lead to sanctions being lifted and more supplies entering the market.

Meanwhile, the Energy Information Administration on Wednesday provided its first look at the impact of the Colonial Pipeline outage. Gasoline inventories nationwide fell by about two million barrels last week, but crude oil inventories rose by 1.3 million barrels last week.

butterfly   Petrofac Iraq Revenues Down.....20th May 2021.......Petrofac has announced that for the year ended 31st December 2020, the company had revenues of $238 million in Iraq -- $105 million in engineering and construction, and $133 in engineering and production services.

This represented about 6 percent of the company's total turnover, and was down from a total of $325 million in 2019 ($145 million in engineering and construction, and $180 in engineering and production services).

In its Annual Report for the year, the company said that Iraq accounts for 7 percent of its total backlog of $1.7 billion, implying a backlog in Iraq of approximately $119 million.  (Source: Petrofac)

butterfly   ADIB launches Digital Banking Platform in Iraq.........20th May 2021 ..........Abu Dhabi Islamic Bank (ADIB) has said it will strengthen its presence in Iraqi market by launching "ADIB Direct", a digital platform that meets the growing business demands in Iraq.

ADIB Direct is an intuitive digital banking platform that integrates a suite of corporate banking solutions into a single, streamlined interface. The platform offers cash management solutions, cashflow forecasting, and foreign exchange services.

Abdullah Al Shehhi, Head of International Banking Group at ADIB said:

"At ADIB, we believe we play an important role in supporting Iraq's local economy by providing businesses the banking services they need to help them thrive and achieve their financial goals. Through ADIB Direct, we enable companies to efficiently manage their cash payments, liquidity, trade finance, supply chain and foreign exchange needs so they have more time to focus on their business."

Since its launch in 2019 in UAE, ADIB Direct has helped automate a variety of services for companies, providing them with significant cost and time saving efficiencies. Currently, over 90% of ADIB UAE's online corporate banking services are fulfilled digitally through the platform.

ADIB is the first UAE bank to have a presence in Iraq in 2012. The bank offers a full range of Shari'a compliant corporate banking products and services. With branches across Baghdad, Erbil, and Basra, ADIB's broad banking expertise covers government and public sector entities, and a diversified private sector base of financial institutions, trading, contracting, oil & gas, power & energy, manufacturing, and other industries.  (Source: ADIB)

butterfly  Rumaila Oilfield "delivers Strong 2020 Performance"......20th May 2021 ......The Rumaila Operating Organisation (ROO) has announced its 2020 performance results.

The field's oil production rate averaged 1.392 million barrels per day (bpd), despite the impact of COVID-19, a budget reduction and compliance with instructions from BOC to reduce oil production, which reflected OPEC+'s request for Iraq to curtail oil exports.

The year's strong performance has been attributed to the dedication of the field's workforce (which is 96% Iraqi) to adapt to and overcome major new challenges. These included a revised and reprioritized production strategy, which benefitted from the strong foundations laid in previous years to modernize facilities, optimize wells and deploy advanced technologies.

Basra Oil Company (BOC) Director General, Mr Khalid Hamza Abbas, said:

"Rumaila's achievements in 2020 deserve great recognition, not least within the context of the global pandemic. My thanks go to every member of staff who did his or her utmost to ensure the field continued to serve the nation at this most difficult time."

Rumaila's 2020 achievements included record-breaking levels of water injection, averaging 1.35 million bpd of water - volumes never previously seen at the field. New digital technologies were deployed to maximize efficiencies; 21 new wells were drilled, 115 wells were optimized or renewed, and almost 7,000 well services jobs were conducted to further maintain production, while preventative maintenance and repairs ensured the continued performance of ageing facilities.

In addition, new projects were initiated to reduce Rumaila's operational carbon emissions, particularly utilizing electricity from the gas-fired Rumaila Power Plant, rather than diesel generators, to power some key facilities in the field.

butterfly   Rumaila also continued to support local communities living near or within the field during the pandemic, with ongoing initiatives to help the Al-Khora Primary Health Care Clinic and the North Rumaila Mobile Health Clinic; ROO also oversaw and delivered the procurement, shipping, installation and training on a computed tomography (CT) scanner for the Basra Al-Sadir Teaching Hospital. Major renovation works also took place at Al Sikak, Al Rumaila and Al Nukhaila schools in order to enhance the quality of local education.

With the onset of the pandemic, global oil demand contracted, resulting in the already low international oil price falling further and causing governments and companies around the world to review their plans. Iraq was no exception and resulted in the ROO's annual budget reduced by around 30%, with adverse impacts on some development projects and well and production-raising activities.

In addition, government-requested curtailments averaged 55,000 bpd over the course of the year, partly in response to Iraq's compliance with OPEC+'s request to reduce the country's overall oil exports.

2020 was therefore a year defined by COVID-19. It has always been ROO's commitment to place the health and safety of staff members above all other considerations. COVID-19 therefore required multiple preventative and responsive activities to limit the transmission of the virus. Field personal protective equipment (PPE) was sourced and distributed, including 300,000 sets of gloves, 20,000 masks, and 1,300 units of hand sanitizing products.

Two new clinics were established; additional respiratory and life support equipment were secured; 4,370 diagnostic tests were carried out; contact tracing was instigated after each suspected and confirmed COVID-19 case, and wellbeing initiatives were introduced.

butterfly   Operationally, the field had to adapt to major disruptions to the way everyday work was delivered. Field staff had to contend with working fewer, yet longer shifts patterns; movement was restricted at Rumaila headquarters which is staffed by a limited number of Iraqi and international colleagues who all adhered to strict quarantining protocols on arrival; hundreds of Iraqi and expatriate staff adapted to working from home.

A new IT terminal server enabled staff working remotely in Basra and around the world to securely access emails, files and industry applications, while the number of videoconferencing users increased 960%.

ROO Deputy General Manager, Hussein Abdul Khadim Hussein, said:

"With the virus making its way to Iraq, we knew we had to do everything we could to keep our people as safe as possible while at work. We also had to move quickly, to ensure that the day-to-day operation of the entire field could be maintained, so that Rumaila could continue to deliver for Iraq. The human cost of COVID-19 has been felt by everyone at Rumaila; to everyone affected, we extend our deepest sympathies."

ROO General Manager, Orkhan Guliyev, said:   "The tremendous co-operation and teamwork between BOC, bp and PetroChina, which in previous years had been key to Rumaila surpassing targets, expressed itself in 2020 through a shared sense of resilience. The determination, dedication, patience and endurance of our people enabled us to continue to make progress during what was an extraordinarily challenging year for everyone."

butterfly  Rumaila Special Deputy General Manager, Fan Jianping, added:

"It has been a difficult operating environment for national and international oil companies across the world. At Rumaila, it has been humbling to see such strength of purpose in overcoming complex challenges. 2020 has further illustrated that our partnership has the focus, fortitude and capability to face tough challenges."   (Source: ROO)

butterfly   The Israeli cabinet approved the ceasefire in the Gaza Strip

Thursday 20, May 2021 22:34..........Israeli Channel 13 said that the Cabinet approved a decision Thursday evening for a ceasefire in the Gaza Strip.

Israeli Prime Minister Benjamin Netanyahu presented during the council meeting a proposal for a unilateral ceasefire in Gaza.

Israeli officials have confirmed to the "Walla" news site that there is an expectation of a breakthrough within the next 24 hours in the negotiations for a cease-fire around the Gaza Strip.

The officials, whose names were not disclosed by the Israeli website, stated that negotiations are underway through two channels, namely the Egyptian intelligence services and the United Nations special envoy to the Middle East peace process, Tor Winsland.

The website quoted high-ranking officials as explaining that the Egyptian mediators are leading the consultations and are still in direct contact with the leadership of "Hamas" movement in the Gaza Strip, while Winsland traveled to Doha, where he met with "Hamas" leaders residing there who have "some influence on the situation."

It is worth noting that Netanyahu met with the head of the Shin Bet security service, Nadav Argaman, before the meeting of the small cabinet for political and security affairs (the cabinet) at the headquarters of the Ministry of Defense in Tel Aviv.

butterfly  The Israeli government confirms the Gaza armistice decision, without specifying its effective date

Thursday 20, May 2021 23:14 ......The Israeli government confirmed today, Thursday, the truce decision with the Gaza Strip, after 11 days of bombing.

The government said in a statement that it has not yet set a date for the truce to take effect, noting that the Hebrew media reported that the ceasefire will start from 2:00 am on Friday, according to the understandings with the Egyptians.

The Israeli authorities indicated that Egypt had proposed the Gaza armistice, and that it would be reciprocal and unconditional.

On the other hand, Cairo officially informed the Palestinian factions that the ceasefire will take effect at 2 am and will be simultaneous and reciprocal.

butterfly   Major General Rasul announces the killing of two leaders who occupy important positions in ISIS terrorist gangs in Diyala Governorate

Thursday 20, May 2021 23:16 ........The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya, announced the killing of two leaders who occupy important positions in ISIS terrorist gangs in Diyala Governorate.

Rasul said in a statement: Based on the directives of the Commander in Chief of the Armed Forces, and with the charge of the brave counterterrorism men, a qualitative operation was launched today, Thursday, on an intelligence effort in accordance with an advanced method, where the agency, in cooperation with the heroic Iraqi Air Force, was able to kill two leaders who occupy positions Important in ISIS terrorist gangs in Diyala Governorate, who planned and executed several terrorist operations during the holy month of Ramadan and the previous months.

He explained that the operation was based on accurate information and quality monitoring that lasted for months, as the men of the Counter-Terrorism Service took the opportunity to strike the terrorists, who were taking the utmost caution in their movements and communications.

He confirmed that the Counter-Terrorism Service continues to pick up the large heads of the terrorist ISIS gangs wherever they are.

butterfly  Al-Sisi orders the sending of two security delegations to Israel and the Palestinian Territories to work to support the ceasefire

Thursday 20, May 2021 23:34 ......Egyptian President Abdel Fattah El-Sisi ordered this evening, Thursday, to send two security delegations to Israel and the Palestinian Territories to work in support of the ceasefire.

Egyptian media reported that the two delegations would follow the procedures for implementing the truce and agree on subsequent measures that would maintain the stability of the situation permanently.

Egyptian state television said that the truce in the Gaza Strip would take effect from 2 am local time.

The Cabinet approved a decision for a ceasefire in the Gaza Strip on Thursday evening.

Israeli Channel 12 reported that the ceasefire agreement will begin at 2:00 am Friday morning.

And media outlets indicated that the Kerem Shalom crossing will open on Friday to facilitate the entry of fuel trucks and humanitarian aid, following the ceasefire agreement.

Israeli Prime Minister Benjamin Netanyahu presented during the council meeting a proposal for a unilateral ceasefire in Gaza.

Israeli officials have confirmed to the "Walla" news site that there is an expectation of a breakthrough within the next 24 hours in the negotiations regarding a ceasefire around the Gaza Strip.

butterfly   The Foreign Minister meets his Dutch counterpart in The Hague and stresses the importance of adopting the principle of dialogue in resolving the region's crises

Thursday 20, May 2021 23:42...........Foreign Minister Fuad Hussein affirmed Baghdad's keenness to strengthen cooperation mechanisms with the Netherlands at various levels in order to achieve the common interests of the two peoples, noting that the support provided by the Dutch side to Iraq shows the distinguished level of relations between the two countries in all fields.

The minister praised the support provided by the Netherlands to Iraq through the United Nations and other organizations in combating the terrorist organization ISIS, as well as the training support for the Iraqi military and security forces.

butterfly  A statement by the ministry stated that Hussain met his Dutch counterpart, Steve Block, in The Hague, and in the meeting discussed ways to continue bilateral cooperation between the two countries in facing the Coronavirus, its health and economic implications, in addition to prevention measures, and the exchange of experiences in this field.

The Iraqi government’s decision to hold free and fair elections was also discussed, explaining: Iraq has sent a message to the Security Council to provide support and send observers to hold the elections on time.

The minister also reviewed the economic reform priorities that the Iraqi government intends to implement during the next phase, noting the most important challenges facing Iraq and the region.

butterfly  The two sides discussed the rounds of strategic dialogue between Iraq and the United States of America, and their importance in reformulating the building of bilateral relations between the two countries, and its impact on relations with the countries allied against terrorism.

They also discussed a number of regional and international issues of common concern, and the minister emphasized that regional and international tensions are reflected in the Iraqi arena, calling for the adoption of the principle of dialogue in resolving the crises afflicting the region, and the need for intensive and joint action to stop interferences in Iraqi internal affairs.

For his part, Steve Locke, the Dutch Foreign Minister, expressed his country's support for Iraq's efforts to achieve security and stability, affirming the continuation of cooperation between the two countries, and the work to calm and prevent escalation.

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