Frank26: From Months to weeks ……. Then to Days ……….. Now within HOURS.

IMO ……….. By Your next CC ……….. Minutes to Seconds.

Iobey777:  Let’s get ready to CELEBRATE!!

Jdufal1:  This might need to be expounded upon before imaginations go wild.
I will assume Mosul liberation and not the other.

Don961:  Expert stresses the need for an economic conference of a national salvation

6/19/2017 0:00

Baghdad / Farah pumice

Everyone knows that the economic situation in Iraq is currently going through a real crisis is the decline in key economic sectors, namely agricultural, industrial, service and commercial sector and Tlasqt with the economy status rentier where he saves what he earns from oil revenues on operating expenses only recover their needs without there being sums little can be directed to operations investment that requires the involvement of the private and public sector to promote it.

Development projects

economist Mohammad Ali Jaber said in an interview with «morning» that the reality of the Iraqi economy requires an economic court action plan drawn through the Conference : national salvation includes the parties concerned, namely the government, parliament , the private sector and the public in all its formations with the attribution of government and private banking sector for this effort , where is channel , which passes them money to development projects and draw strategic action begins accurate progress in the advancement of all sectors.

He added that the conference , which organizes this goal seeks to establish a current capable system to mobilize financial, domestic and international resources and re – allocated to the service of economic activity in order to achieve high rates and continue economic growth through modernization and the achievement of cash and all units of the financial sector, as well as the development based on a comprehensive economic plan on the basis of the process for the advancement of the different economic sectors in the country, especially productivity of the fact that the country lacks domestic product it depends primarily on the basis of external import as a result of the deterioration stopped treatment of agricultural projects.

Possibilities available Jaber stressed the importance of attracting part of foreign investment flows, and the adoption of the use of technological means advanced communications and information, indicating the need to prepare in- depth studies on the possibilities available and available in non – oil activities and try to develop them to be possible to create alternatives in light of expectations confusedly oil prices , which did not exceed 60 dollars per barrel, as well as the need to prepare a long – term strategy takes into account the internal matters and alliances and external relations to serve as a road map for the future.

Cover the shortfall and urged the support of the Iraqi market for securities activity and assigning the market attempts to cover the shortage of liquidity by activating bring in capital from investors in regional and foreign countries, and the involvement of private banks and the Association of Iraqi banks, as well as government banks in this conference and to benefit from their experience in the case of banking because it is the banking sector , which is the basic tool of investment tools and that any investment relationship established with the Arab and foreign countries start by banks. Jaber stressed that the funding represents a rapid engine to cope with the current situation which needs to be real constructive cooperation between the ministries and all government institutions, particularly the Iraqi Central Bank and Ministry of Finance to be able to access the national economy from the crisis.



Don961:  Prime Minister today begins a visit to Saudi Arabia

6/19/2017 0:00

{Morning} reveal the most prominent files that would be considered in the regional tour

BAGHDAD / morning

Prescribed by Dr. Haider Abadi , the prime minister on Monday in a historic tour initiated by Saudi Arabia, as it will discuss during his meetings with officials in Riyadh, headed by King Salman and Crown files with Ahmah.uchml round also the two capitals of Kuwait and Tehran and a three – day, according to the special for {morning »sources, It revealed the most prominent files that will address them Prime Minister during the tour.

She noted that the fight against terrorism and the reconstruction of the liberated areas and activate economic cooperation will be the most prominent files during talks with officials in this At.bdorh, MP for the coalition of state law Jassim Mohammed Jaafar said in a press statement: that « the prime minister within his visit axes to three of Iraq ‘s neighboring countries Saudi Arabia, Iran and Kuwait will discuss a number of security and investment files », indicating that« axis basis in the visit will be Saudi Arabia , a specific long time ago based on calls made to him of the kingdom is not related to the crisis , Qatar Saudi Arabia »he added Jaafar, he said that« the visit at the beginning was not where Kuwait or a Liran, but to ensure not counting the visit as if they support the party on the other parties account has been postponed from last week , the current to arrange other meetings with neighboring countries , namely Kuwait and Iran »,

pointing out that« the visit to Saudi Arabia will include a talk about the issue of the appointment of Saudi ambassador to Iraq and take advantage of the case of the great desire of Saudi Arabia to restore relations with Iraq »He continued« will also include a visit to discus mechanisms for the elimination of terrorism and assistance that could be provided by the Kingdom for the reconstruction of the liberated areas through the support and backing projects, there is also a desire to Saudi Arabia to invest in the desert of Iraq health Hraoah project oil pipeline from Iraq to Saudi Arabia »,

pointing out that« Abadi will be accompanied by Iraqi investors group ».ocd Jafar« the focus of the visit to Kuwait will include a discussion of Kuwaiti debt postponed on Iraq, there is also a donor conference was supposed to be held in Kuwait, but was delayed because of the fluctuation the decline in oil prices, thus Valebadi will have an alternative that a proposed program that donor countries support Iraq to invest in sectors and service projects within the strategy of the country , such as water, electricity, roads and petrochemicals instead of providing financial grants, in addition to benefiting from investors in Kuwait Bjelbhm to Aama Liberated areas in exchange for profits pouring the interests of Iraq. »

Jafar said that « the visit to Iran would represent a message that his visit to Saudi Arabia does not mean that he Sieda Iran, because our relationship with strategic and can not be waived», adding that «Iraq will not be a springboard for hostile action against any country.»

And that « the visit as a whole may annoy some people but overall will be channeled to the interests of Iraq and if giving way to Iraq may be calm for the return of relations between Iran and Saudi Arabia factor as well as between Saudi Arabia and Qatar», adding that «these problems as a whole threatens the interests of Iraq» .ocd Abadi , during a meeting with a number of media politicians and analysts on Saturday, said his visit to the neighboring countries «pre – agreed», pointing out «we aim to achieve new relationships with neighbors is not based on conflicts, but on the understandings, and cooperate seriously against terrorism».



Chris05:  Wow, Is it just me, or does this article confirm the content has a Post-Daesh and Post-RV tone, combined with a Victory/Celebration lap, rolled into it?

IMO, this is telling us something very good is happening, literally before our eyes.

Cheers    Chris

Don961:  Abadi: open a new era victories for a strong and stable Iraq

6/19/2017 0:00

BAGHDAD / morning

Prime Minister Haider al – Abadi said that the victory of the Iraqis and liberate their land opens up a new era strong and stable Iraq and sophisticated, while stressing that Iraq refuses to be drawn into the policy of axes our universe we have built an independent decision to give priority to the higher interests of Iraq, as confirmed Abadi , the government rejected the Iraqi land use any aggression against neighboring countries or any other country

And his upcoming visit in the region between the prime minister that it will include Saudi Arabia, Kuwait and Iran, and said that this visit prepared some time ago and is not related at all the Gulf crisis, noting that «will visit other countries after Eid al – Fitr holiday» without being determined.

This came during a meeting of the Abadi elite media and political analysts on Saturday evening , the first, as it responded to the latest political and field developments and the future of relations with neighboring countries.

In a statement to the media for his office received «morning», al – Abadi, said that « the decision of Iraq’s political independent, and we are investigating the interests of our people above all, and our foreign relations based on giving priority to the higher interests of Iraq and its people and stay away from convulsions and axes and make friends instead of increasing enemies», calling for « focus on development and the fight against corruption and not to allow the return of terrorism in the next stage.

The Abadi said that «our decision fixed not to allow our territory for aggression against any neighboring country, and that Iraq must be a convergence zone and no area of conflict and the intersection of hostility», adding: «, and do not want to turn our land into the field of wars on behalf», and pointed out that «we have a large and broad in accordance with the reconstruction of Iraq cities all spread security throughout the country » and on his visit to the neighboring countries, Abadi said it would include Saudi Arabia, Kuwait and Iran, pointing out that« foreign tour lasts for three days ending on Tuesday, and explained that «the visit prepared some time ago and not related to the Gulf crisis at all. »

He noted that «will visit other countries after Eid al – Fitr holiday» without being determined, stressing that « the visit to the countries of the region agreed upon in advance, and we aim to achieve new relationships with neighbors is not based on conflicts, but on the understandings, and cooperate seriously against terrorism», and called on the President of the Ministers of all politicians to stop the language of «political miscarriage» they not serve only the enemy, and distort the reputation of their country in front of Alm.oathm prime minister – views unnamed – trying to make Iraq an arena international battle, pointing out that « the conflict in the region is not like Iraq , and will not interfere in it », stressing:« We will not allow Iraq to make a battlefield between Iran and America or encouraged Its land for aggression against any country. »

And on the liberalization of Tall Afar , west of Mosul, near Abadi revealed the move to edit it , and said that « the liberation of Tal Afar ‘s decision was issued about four months ago , and we will act soon.»

On the declaration of the Kurdistan region to determine the 25 of next September as the date for a referendum for independence from Iraq , al – Abadi described the procedure for {illegal and that the federal government will not be supported or funded by or participate in it. »

With regard to the donor conference for Iraq, which was scheduled to file his stay in Kuwait, al – Abadi said that the drop in oil prices in recent months has caused postponement of the conference schedule supposed to last August.



Don961:  Iran Finance Talks Making Headway

Iran’s post-sanctions FDI negotiations amount to roughly $80 billion

Since Iran’s nuclear accord with world powers–officially known as the Joint Comprehensive Plan of Action–was implemented on January 16, 2016, the country has engaged in negotiations to attract foreign direct investments worth $80 billion, announced the director of the Organization for Investment, Economic and Technical Assistance of Iran.

“Iran has held negotiations with Italy’s Medibank and SACE export guarantee for €2 billion ($2.24 billion), Exim Bank of China for $30 billion, China Development Bank for $15 billion, Korea Export–Import Bank for $8 billion and Korea Trade Insurance Corporation for $5 billion to receive foreign finance,” Mohammad Khazaei was also quoted as saying by Shada, the official news outlet of the Economy Ministry.

According to the official, other parties involved in finance negotiations with Iran include Japanese Nippon Export and Investment Insurance and the Japanese Ministry of Finance for $10 billion, the Japan International Cooperation Agency for €1.2 billion ($1.34 billion), Russian Ministry of Economic Development for €5 billion ($5.6 billion) and the Norwegian Guarantee Institute for Export Credits for €1 billion ($1.1 billion).

Khazaei, whose organization helps facilitate the flow of foreign finance and is affiliated with the Economy Ministry, noted that so far there have been no problem in bringing in the finalized finances.  In May, it was announced that SACE, Italy’s state-owned export credit agency, has allocated a credit line to Saman Bank, but the amount was not disclosed.

The combined $13 billion by Korean lenders is part of a recently unveiled agreement for which Iran’s Economy Minister Ali Tayyebnia traveled to Seoul on Saturday. It is to be allocated for Iranian projects such as Isfahan refinery, eight gas condensates refineries in Siraf and Asaluyeh, as well as a hospital, among others.

Khazaei, who is also a deputy economy minister, referred to a $400 million Indian finance, a part of which has been used in Chabahar Port, adding that “a €1 billion project for the construction of Bandar Abbas gas plant is also underway” without providing further details about the source of funds.

According to the official, FDIs from India and Russia have so far been finalized and “the Chinese finance for the Mashhad rail project is being finalized”. Last year, the government announced that it had approved the attraction of $11.8 billion in foreign direct investment during the 12 months to December 21.

Unconditional FDI

Asked whether the finalized funds come with strings attached, the official said any FDI agreements, as per the order of Leader Ayatollah Seyyed Ali Khamenei, will only be signed under “normal circumstances”.

“It is the Iranian side’s persistence that sometimes prolongs negotiations with other countries and Iran would have been able to seal many deals much sooner if they had come with no ifs or buts,” he added.

Khazaei also denied any potential problems with companies insuring these foreign finances.
He admitted that at the beginning of the previous fiscal year (March 2016) and only months after the implementation of the nuclear accord, Iran faced problems because of its debts to foreign governments (incurred during the sanctions targeting the country’s financial system.)
However, “Iran’s debts with these institutions were cleared with the assistance of the Central Bank of Iran and the Ministry of Foreign Affairs” and the country refused to accept any extra fines that had been imposed as a result of late payment.

The official pointed out that credible investment insurance agencies such as the Korean K-SURE, Italy’s SACE, Germany’s Hermes, the Oesterreichische Kontrollbank and the China Export and Credit Insurance Corporation have now said they are ready to continue with insuring Iran investments under normal conditions.

Khazaei emphasized the significance of this new development by saying that after a rough period in which monetary and financial transactions were extremely difficult or non-existent, and the banking system was cut off from the world, “international institutions once again trust the country”.


Mnt Goat

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