Posts Tagged ‘Chapter VII’

12/18/2013
Said an economist, said on Wednesday that the Iraqi market “still fragile” and unable to compete with their counterparts in the region or attract investors, while showed the Ministry of Commerce that it has started a plan that would “set the market and inflation and prevent monopoly,” expected to result soon ” the mobility of the two types, “especially after rid Iraq of Chapter VII. (more…)

The report of the UN Secretary-General Ban Ki-moon which indicates that he was aware the Iraqi efforts to reach concrete results, including advertisements and observations concerning the missing Kuwaitis.

BAGHDAD / obelisk: praised UN Secretary-General Ban Ki-moon mission efforts tasks search and extract the remains of prisoners in Iraq, noting that a specialized team from the Iraqi Ministry of Human Rights the search operations and extract the remains in quintiles site in the province of Dhi Qar (more…)

Legal consequences of the withdrawal of Iraq from Chapter VII of the seminar expanded Nahrain University

BAGHDAD – Iraq Press – November 2 / November: organized by the Faculty of Law at the University of Mesopotamia seminar Almahan legal consequences of the withdrawal of Iraq from Chapter VII, with the participation of researchers from various Iraqi universities.

The correspondent / Presse Iraq / Organizing Committee as saying that “the seminar aimed at introducing the most important pros and cognitive economic, scientific and political benefit by Iraq in the development of the national economy and opening up to the role of the region and the world in all transactions.” (more…)

09/09/2013 12:00 AM

stressed bankers on the importance of initiating a national campaign aimed at contacts with the global financial revitalization of the State-owned banks that were constrained in their dealings terms of Chapter VII.

comes at a time considered by the Committee Parliamentary Finance out of Iraq from Chapter VII that a positive impact on the economy Local, as it will open the doors to banking world. (more…)

Raise the level of Iraq’s credit rating attracts investments and achieve development

08/31/2013 12:00 AM

called Economists actors economic government in the country need to speed up resolving the issue credit rating of Iraq because of its great importance in attracting foreign investment and give the perceptions of the economic right to the investing companies as well as being one of the most factors in the banking sector reform. (more…)

59624c79cf4b8e4779fc1993fd87b008Economic parliamentary calls for the central bank put a new strategy to raise the value of the dinar for the advancement of economic reality and to achieve the desired goal

The parliamentary economic committee confirmed that the central bank has failed to invest out of Iraq from Chapter VII to enhance the value of the Iraqi dinar against the dollar confirming that it will host a proxy bank governor and officials to find out the reasons (more…)

Economist: Iraq did not exploit his release from Chapter VII until today

August 20, 2013, 5:16 pm

Said economic expert on behalf of Jamil Antoine, Tuesday, that Iraq did not benefit from his release from the provisions of Chapter VII until today, attributing this to the absence of economic plans and the deteriorating security situation in the country. (more…)

The meeting saw the research activities of the UN mission in Iraq and the keenness of the government and the Ministry of Foreign Affairs to facilitate the task and work internationalist mission within its mandate and in coordination with the Government

He Iraqi Foreign Minister Hoshyar Zebari, on Monday, expressed his appreciation for the efforts of the United Nations Mission (UNAMI) to remove Iraq from Chapter provisions of Chapter VII, as discussed with the Deputy Secretary General for Political Affairs Jeffrey فليتمان diplomatic efforts to convene a conference of Geneva II for peace in Syria . (more…)

Screen Shot 2012-09-20 at 9.26.27 AM16 Aug 2013

The lifting of the international sanctions from the Iraq government has taken place recently. This led as a chance for the Iraqi government to reduce the difference between Iraqi dinar and other foreign currencies.

There are so many discussions taking place of late and most of the economists favor Iraq to omit zeros from its currencies. The Central Bank of Iraq is looking at this matter with high concern and due to building process of strategies, there are some delays. However, there is a threat that has been clouded around the Iraqi economic scenario, regarding this delay from the end of the Central Bank of Iraq authority. It is assumed that Iraq may lose billions of dollars due to this delay. (more…)

Screen Shot 2013-06-28 at 7.52.08 PMThe lifting of international sanctions on Iraq Government before a historic opportunity to increase the value of the dinar to the highest levels against foreign currencies, by approving a Bill eliminated currency and which will reduce the size of the money supply and restore confidence to global oil balance added to Golden balance in international banks and successive political conflicts and contributed to the crisis, the Central Bank to delay passing the draft eliminated currency that it was hoped that during the current year, after completion of all project actions, this delay will cause loss of billions of dollars Iraq Each year, the Student Council Presidency Ministers earlier the Central Bank to wait to delete the three zeros from the local currency, as a major project, and requires sufficient time to apply.

(more…)

Industrial development expert said at the United Nations [UNIDO] Ali al-Sudani said “the scourge of corruption hinder investment in Iraq.”

He said the Sudanese in a statement received news agency public opinion a copy of “out of Iraq from Chapter VII is an important event and embarrassment in the history of modern Iraq and a means important to bring about developments and gears quality levels of technological and scientific in all economic sectors, research and scientific, he also gives the financial and banking sector greater freedom and more credibility in dealing with global banks and in a form which provides financial cover depends upon by the foreign investor to enter into a large and important projects in Iraq. ” (more…)

Screen Shot 2012-11-27 at 11.49.09 AMShammari calls to set a date to reset the Iraqi currency
Posted on: 08/07/2013 19:24:15

BAGHDAD / With: spokesman called white parliamentary bloc Kazem Al-Shammari to make an appointment to reset the Iraqi currency.

Al-Shammari said in a press statement, received a “news the future,” a copy of it, that “the high volume of reserves of Iraq from foreign currency to $ 76 billion in addition to the 30 tons of gold bullion, and out of Iraq from Chapter VII, make it necessary to set a date to reset the Iraqi currency . “ (more…)

08-08-2013 08:19 AM

Baghdad (news) .. Said a member of the Finance Committee MP / coalition of Kurdish blocs / Dler able, for the intention of its enactment of a special law for banks supports the Iraqi banking system with the participation of international experts and financial advisors.

said is capable (of the Agency news): The Banking Act current is supportive for banks and allowed investment and the use of technology technological modern banking business, as it works according to the mechanics of old is novel and not keep pace with the developments in the world in the field of banking. (more…)

Bank indicates a threat to development and security implications of the decline like to “Chapter VII”
WEDNESDAY, JULY 31, 2013 13:22

Deputy Governor of the Central Bank of Iraq the previous appearance of Mohammed Saleh, Wednesday, that the development in Iraq are at greater risk because of the decline in the security situation, noting that the security implications of the economic file does not differ from those imposed on Iraq because of the “Chapter VII”. (more…)

An invitation to create a supportive legislation for economic development

07/29/2013 12:00 AM

BAGHDAD – Hussein ثغب Tamimi
called Chairman National Business Ibrahim al-Baghdadi, activating the system of laws that encourage economic development in all sectors of production and service.

and Baghdadi said in an interview (morning): The reality of the Iraqi economy is now better than before after being granted freedom in dealing International and became a source of confidence to the world, surpassing the provisions of Chapter VII, which was hindering development in all sectors due to determined to enter the international companies in accordance with the provisions. (more…)

– JULY 27, 2013

Seeking the parliamentary Foreign Relations Committee to reduce the annual amount of compensation to Kuwait amounting to 5 percent of oil imports, noting that (Iraq has no choice but to apply UN Security Council Resolution 1991 to pay compensation binding). (more…)

23/07/2013 12:00 AM

Yasser incumbent
expectations of a number of experts, finance and economy collapse of the dollar is not at the global level because he is still master of the currencies in most countries of the world but مايهمنا at the level of the exchange rate in Iraqi dinars, we hope for the return of Iraqi dinar exchange rate against 3.3 dollars as it was, but this dream difficult to achieve and reach It is not possible to achieve in light of global variables but achievable to get into a price equal any one dollar against the dinar.

dream second can be achieved gradually, if we have a good deal this spirit of cooperation between the central bank and private banks, while led this cooperation to control the volatility that has plagued Sarsrv dollar these days. (more…)

Screen Shot 2013-06-28 at 7.52.08 PM| on 07/23/2013

Expected number of experts, finance and economy collapse of the dollar is not at the global level because he is still master of the currencies in most countries of the world but at the level of the exchange rate in Iraqi dinars, we hope for the return of Iraqi dinar exchange rate against 3.3 dollars as it was, but this dream difficult to achieve and fetched it is can be achieved in the light of the global variables but can be achieved to get equal to the price of any one dollar against the dinar . (more…)

Screen Shot 2013-02-25 at 11.46.47 AMSaleh appearance: Iraq can be classified as credit through government bonds

17/07/2013 12:00 AM

Warned of the risk of non-existence globally

is a credit rating of any country in the world better than the non-existence because it gives the degree of adoption by countries of the world to assess the country’s economy for the purpose of investment and the exercise of economic activities and other businesses.

(more…)

07/18/2013 12:00 AM

predicted economic expert on behalf of Jamil, the advent of major companies in the world to Iraq for the purpose of work and investment, especially after the withdrawal of Iraq from the provisions of Chapter VII, which was imposed upon by the UN Security Council.

Jameel said a press statement: that Iraq would emerge from Chapter VII will spur global companies discreet to enter the market to invest in Iraq, he became the Iraqi environment safe opposite of what was transmitted this item to the world that Iraq is a country unsafe and threatens international peace. (more…)

Revealed an official source at the Oil Ministry, on Monday, that Iraq is in the process of the formation of special committees to determine joint oil wells with Kuwait and will be concluded to the two sides cooperated in the development of these wells under a special agreement between the two countries so as to ensure the interest of both parties may be international supervision.

The source, who preferred not to be named, in an exclusive interview with “Awan”, that “this is the first step toward solving one of the problems inherited from the previous regime and the relationship between the two countries.” (more…)

14-07-2013 07:23 AM

Baghdad (newsletter). Chairman of the economic information center said Dergham Mohamed Ali, the Iraqi dinar currency becomes desirable handle internationally after the departure from Iraq of the provisions of Chapter VII of the UN. (more…)

Screen Shot 2013-06-28 at 7.52.08 PMCitizen suffers from persistent volatility .. Economists: the central bank set a new price of the dinar against the dollar to maintain its strength
Ali Salman – 07/11/2013 – 9:07 pm

Observers expect in economic affairs that the Iraqi dinar has a promising future, especially after the exit from Chapter VII, so it requires the central bank to take bold steps to work on identifying a fixed price of the dinar against the dollar through the auction of currency to avoid volatility continued in the dinar exchange rate, as a student a member of the Economic Committee deputy parliamentary Mahma Khalil, the central bank set a new price of the Iraqi dinar against the dollar coin, there must be a real rate of the dinar. (more…)

11-07-2013 11:51 AM

Baghdad (newsletter) … Economic expert attributed the maytham winfred, Iraqi dinar exchange rate fluctuation against the u.s. dollar to change the Central Bank’s policy from time to time.

Winfred said News Agency): the previous period saw fluctuation in the dinar because Central Bank policy changes from time to time, exchange rate stability during the current period. (more…)

Screen Shot 2013-07-10 at 12.27.54 PM09 Jul 2013
After the exit of Chapter VII sanctions on Iraq, international banking organizations are looking to invest in Iraq. The Iraqi central bank has recently declared that presently Iraq possesses high volume of foreign reserves, which is around 76 billion dollars and in addition to that bank owes 30tons gold bullon.

Treasury Adviser Helal Al Ta’an, stated that this reserve will help raise the value of the Iraqi currency, compared with foreign exchange and thus contribute to the reduction of prices of goods and commodities.

(more…)

07/09/2013 12:00 AM

BAGHDAD – Shaima Rashid
after rid Iraq of the limitations of Chapter VII is looking forward to entering into the realm of the global economy, especially with the growing desires International seeking to double the volume of trade exchange with Iraq and this is what called االى thinking about the country’s accession to the New York Convention to encourage investment. (more…)

17:07 07/08/2013

Follow-up – and babysit –
Prime Minister Nuri al-Maliki at his office today John Kpnz Managing Director of the bank JP Morgan U.S. in Europe, the Middle East and Africa. (more…)

Maliki: We seek to increase the wealth and production

08/07/2013 12:00 AM

Praised the success of Iraqi banks in a vote of confidence and the international reputation of the big

Prime Minister Nuri al-Maliki: We urge the pace after the withdrawal of Iraq from Chapter VII to achieve two main issues, the first increase in wealth, production and diversify sources of income such as tourism, industry, agriculture, and the second employ these resources to provide services and construction and reconstruction as befitting citizens of Iraq. (more…)

ABTAN FOR: AWAN “: THE POLITICAL PROBLEMS WILL NOT AFFECT THE PROJECT TO DELETE THE ZEROS AFTER COMING OUT OF CHAPTER VII

Predicted the parliamentary economic committee member Abdul Hussein Abtan, Sunday, that does not affect the political problems on the project to delete the zeros from the Iraqi currency, pointing out that Chapter VII was largest Maroqat the implementation of the project in terms of demand مدخري currency damages.

Abtan said in a statement to “Awan”, that “the central bank introduced an integrated project to the government and parliament, and held long discussions about it with experts and specialists, as shares ease the caveats of the deletion process.” (more…)

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Turki: You must open the Iraqi market after the departure of Chapter VII

Confirmed Iraqi Central Bank Governor Abdul Basit Turki, Sunday, Iraq’s economic future will surprise friends, noting that after coming out of Chapter VII must be the Iraqi market is open to anyone who wants to contribute in accordance with the laws applicable investment.

This came during a speech in the Turkish celebration of the tenth anniversary of the founding of TBI. (more…)