Thread: Iraq/Dinar News until 5/23/07 Midnight CST

1000 Peshmerga troops to Iran borders

Friday, May 11, 2007 07:22 GMT

Iraq's autonomous Kurdish region has sent 1,000 Peshmerga troops to its border with Iran to enhance its presence there and to prevent attacks by the group of Ansar al-Islam.






"The forces sent shall be in two brigades, some will reinforce army units and border checkpoints and some will mount patrols in the region to ambush the enemy", Peshmerga Spokesman Major General Jabbar Yawir said.
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© 2007 Alsumaria Iraqi Satellite Network

Al Fadila Iraq Party warns of Iran influence

Friday, May 11, 2007 09:32 GMT

The Vice President of Al Fadila (Virtue) Party Dr. Bassem Sharif accused the Iranian regime of interfering in Basra’s internal affairs. Sharif feared an armed conflict would erupt between the parties in the city due to Tehran’s influence in the southern provinces. About Al Fadila’s party withdrawal from the Coalition Bloc, Sharif stated to Ilaf web newspaper that the party tried to change the course of the bloc in vain. He added that the Coalition Bloc was adopting a marginalizing policy with their party. Regarding the suspension of their participation in the current government, Sharif said it is due to the way the government was formed by prioritizing selfishly narrowed interests and competition on personal and group interests.

Interview: Iraq Kurd leader on oil law

By Ben Lando May 10, 2007, 9:08 GMT


WASHINGTON, DC, United States (UPI) -- To Iraq`s Kurdish leadership, the issue of how to apportion the third-largest pools of oil in the world is 'a make-or-break deal' for the country as a whole, a top official told United Press International.

'The oil issue for us is a red line. It will signify our participation in Iraq or not,' Qubad Talabani, son of Iraqi President Jalal Talabani and the Kurdistan Regional Government`s representative to the United States, said in an interview from his Washington office.

The KRG and the central Iraqi government reached a deal in February on the hydrocarbons framework -- though not on other key companion bills -- and a self-imposed deadline of late May seemed possible to meet.

But the Iraqi Oil Ministry, at a meeting it set up last month in Dubai, in the United Arab Emirates, with other Iraqi oil experts and politicians, unveiled the annexes to the hydrocarbons law -- its list distributing control of oil fields between central and KRG control -- and a law re-establishing the Iraq National Oil Co., which Kurdish leadership automatically rejected.

'This sets us back to square one, a point that`s unacceptable to us. We`re trying to modernize Iraq, build a new Iraq, built on new foundations, new policies. The symbol of this new Iraq will be how it manages its oil infrastructure,' Talabani said. 'And if people want to revert back to Saddam-era policies of a state-controlled oil sector with no accountability, with no accountability to the Parliament or the people of the country, with no oversight except from by one or two, then I`m sorry, that is not the Iraq that the Kurds bought into. That is not the Iraq that the Kurds would want to be part of.'

'If a centralized oil regime is imposed on us, we will not participate in the state of Iraq,' Talabani said. 'And we have to make it absolutely clear to our friends in Washington, to our brothers in Baghdad, this is a make-or-break deal for Iraq.'

He said Iraq needs to embrace the free market and break free from the nationalized mindset. Numerous oil and Iraqi experts as well as key Iraq oil union leaders have told UPI that Iraqis see nationalized oil with pride. And opponents of the oil law also say it gives too much to foreign companies.

The Kurds, however, have little to show from the Saddam Hussein era, aside from persecution, death and little investment in its economy or oil sector. They gained autonomy in 1991 and, governing an autonomous three-province region now, are prospering. Airplanes fly internationally from the airport in Irbil, Iraqi Kurdistan`s capital. Violence in the region is relatively nil compared with the rest of the country, though the first major attack in more than four years killed 14 people in Irbil Wednesday. Despite lacking the law, the KRG has signed multiple deals with foreign companies to develop its oil and natural-gas sector.

Iraq only produces about 2 million barrels per day. With investment -- domestic or foreign -- Iraq`s 115 billion barrels in reserves could handle much higher output.

Many of the arguments over the law are related to the 2005 constitution. It was written vaguely to garner support. Now there is a dispute as to which oil fields are to be governed by the central government and which by the regions.

Tariq Shafiq, an Iraq oil expert now living in Amman, Jordan, and drafter of the original law last summer, said the Iraq National Oil Co. should be independent of the Oil Ministry, and regions could choose the company`s board of directors. (Shafiq has since come out against the law, saying it has been altered too much in negotiations.) He said Iraq needs a central strategy for the best management of the country`s oil.

Talabani said the KRG favors an INOC limited in scope and open to foreign investment, and says the current law gives INOC control over 93 percent of Iraq`s oil. 'This will hamper needed investment,' he said.

'It`s only by bringing in the biggest and the best from the international community, to partner with, not to steal, but to partner with the Iraqi government, can we develop Iraq`s oil accordingly,' Talabani said. 'And there`s a worrying unwillingness to act under a free-market-style concept here. It won`t go through. It won`t go through the Parliament this way. There will be too many people opposed to it.'

Other bills needing to be passed include a reorganization of the Oil Ministry and the revenue-sharing law. Talabani said there were lingering fears Kurds will again be deprived of funds and investment.

'We want to create an automatic payment mechanism where it doesn`t rely on the goodwill of the finance minister or the oil minister for the regions to get their fair share,' he said.

'Trust is lacking in Iraq, and unfortunately it`s been Iraq`s miserable history that has created this system, this society that mistrusts each other, which is why something as critical as oil can be a trust-building measure,' Talabani said. 'By putting in place mechanisms and institutions that can ensure that I will not get robbed again, that my resources will not be used against me again, will eventually over time build my trust.'

(e-mail: [email protected])

Copyright 2007 by United Press International

Don't ya think this deserves some Whoooots or something ....:


http://www.wto.org/meets_public/meets_e.pdf
WTO - CONFERENCE OFFICE
Fax: (for conference matters only)
022 / 739 57 83 11 May 2007 12:55
This programme of meetings is subject to further changes.
Meetings indicated in this list are therefore confirmed only when convened by an airgram or notice from the WTO Secretariat.
OFFICIAL PROGRAMME OF MEETINGS FOR 2007
Email: [email protected]
DATE TIME MEETING
MAY
14 - 16 10:00 Committee on Regional Trade Agreements WTO/AIR/2993
17 ASCENSION DAY (WTO non-working day)
21 10:00 Council for Trade in Goods WTO/AIR/3015
22 10:00 Dispute Settlement Body WTO/AIR/3014
23 09:30 Trade Policy Review Body - India WTO/AIR/3001
25 09:30 Trade Policy Review Body - India WTO/AIR/3001
25 10:00 Committee on Trade and Development WTO/AIR/3012
25 10:00 Working Party on the Accession of Iraq WTO/AIR/3013
28 WHIT MONDAY (WTO non-working day)

Originally Posted by Mike5200

Interview: Iraq Kurd leader on oil law

By Ben Lando May 10, 2007, 9:08 GMT


WASHINGTON, DC, United States (UPI) -- To Iraq`s Kurdish leadership, the issue of how to apportion the third-largest pools of oil in the world is 'a make-or-break deal' for the country as a whole, a top official told United Press International.

'The oil issue for us is a red line. It will signify our participation in Iraq or not,' Qubad Talabani, son of Iraqi President Jalal Talabani and the Kurdistan Regional Government`s representative to the United States, said in an interview from his Washington office.

The KRG and the central Iraqi government reached a deal in February on the hydrocarbons framework -- though not on other key companion bills -- and a self-imposed deadline of late May seemed possible to meet.

But the Iraqi Oil Ministry, at a meeting it set up last month in Dubai, in the United Arab Emirates, with other Iraqi oil experts and politicians, unveiled the annexes to the hydrocarbons law -- its list distributing control of oil fields between central and KRG control -- and a law re-establishing the Iraq National Oil Co., which Kurdish leadership automatically rejected.

'This sets us back to square one, a point that`s unacceptable to us. We`re trying to modernize Iraq, build a new Iraq, built on new foundations, new policies. The symbol of this new Iraq will be how it manages its oil infrastructure,' Talabani said. 'And if people want to revert back to Saddam-era policies of a state-controlled oil sector with no accountability, with no accountability to the Parliament or the people of the country, with no oversight except from by one or two, then I`m sorry, that is not the Iraq that the Kurds bought into. That is not the Iraq that the Kurds would want to be part of.'

'If a centralized oil regime is imposed on us, we will not participate in the state of Iraq,' Talabani said. 'And we have to make it absolutely clear to our friends in Washington, to our brothers in Baghdad, this is a make-or-break deal for Iraq.'

He said Iraq needs to embrace the free market and break free from the nationalized mindset. Numerous oil and Iraqi experts as well as key Iraq oil union leaders have told UPI that Iraqis see nationalized oil with pride. And opponents of the oil law also say it gives too much to foreign companies.

The Kurds, however, have little to show from the Saddam Hussein era, aside from persecution, death and little investment in its economy or oil sector. They gained autonomy in 1991 and, governing an autonomous three-province region now, are prospering. Airplanes fly internationally from the airport in Irbil, Iraqi Kurdistan`s capital. Violence in the region is relatively nil compared with the rest of the country, though the first major attack in more than four years killed 14 people in Irbil Wednesday. Despite lacking the law, the KRG has signed multiple deals with foreign companies to develop its oil and natural-gas sector.

Iraq only produces about 2 million barrels per day. With investment -- domestic or foreign -- Iraq`s 115 billion barrels in reserves could handle much higher output.

Many of the arguments over the law are related to the 2005 constitution. It was written vaguely to garner support. Now there is a dispute as to which oil fields are to be governed by the central government and which by the regions.

Tariq Shafiq, an Iraq oil expert now living in Amman, Jordan, and drafter of the original law last summer, said the Iraq National Oil Co. should be independent of the Oil Ministry, and regions could choose the company`s board of directors. (Shafiq has since come out against the law, saying it has been altered too much in negotiations.) He said Iraq needs a central strategy for the best management of the country`s oil.

Talabani said the KRG favors an INOC limited in scope and open to foreign investment, and says the current law gives INOC control over 93 percent of Iraq`s oil. 'This will hamper needed investment,' he said.

'It`s only by bringing in the biggest and the best from the international community, to partner with, not to steal, but to partner with the Iraqi government, can we develop Iraq`s oil accordingly,' Talabani said. 'And there`s a worrying unwillingness to act under a free-market-style concept here. It won`t go through. It won`t go through the Parliament this way. There will be too many people opposed to it.'

Other bills needing to be passed include a reorganization of the Oil Ministry and the revenue-sharing law. Talabani said there were lingering fears Kurds will again be deprived of funds and investment.

'We want to create an automatic payment mechanism where it doesn`t rely on the goodwill of the finance minister or the oil minister for the regions to get their fair share,' he said.

'Trust is lacking in Iraq, and unfortunately it`s been Iraq`s miserable history that has created this system, this society that mistrusts each other, which is why something as critical as oil can be a trust-building measure,' Talabani said. 'By putting in place mechanisms and institutions that can ensure that I will not get robbed again, that my resources will not be used against me again, will eventually over time build my trust.'

(e-mail: [email protected])

Copyright 2007 by United Press International

This is a very good article. Nice fine.

Originally Posted by oldskiier

Don't ya think this deserves some Whoooots or something ....:


http://www.wto.org/meets_public/meets_e.pdf
WTO - CONFERENCE OFFICE
Fax: (for conference matters only)
022 / 739 57 83 11 May 2007 12:55
This programme of meetings is subject to further changes.
Meetings indicated in this list are therefore confirmed only when convened by an airgram or notice from the WTO Secretariat.
OFFICIAL PROGRAMME OF MEETINGS FOR 2007
Email: [email protected]
DATE TIME MEETING
MAY
14 - 16 10:00 Committee on Regional Trade Agreements WTO/AIR/2993
17 ASCENSION DAY (WTO non-working day)
21 10:00 Council for Trade in Goods WTO/AIR/3015
22 10:00 Dispute Settlement Body WTO/AIR/3014
23 09:30 Trade Policy Review Body - India WTO/AIR/3001
25 09:30 Trade Policy Review Body - India WTO/AIR/3001
25 10:00 Committee on Trade and Development WTO/AIR/3012
25 10:00 Working Party on the Accession of Iraq WTO/AIR/3013
28 WHIT MONDAY (WTO non-working day)

May 25 - a Red Letter Day, we hope!!!

Originally Posted by oldskiier

Don't ya think this deserves some Whoooots or something ....:


http://www.wto.org/meets_public/meets_e.pdf
WTO - CONFERENCE OFFICE
Fax: (for conference matters only)
022 / 739 57 83 11 May 2007 12:55
This programme of meetings is subject to further changes.
Meetings indicated in this list are therefore confirmed only when convened by an airgram or notice from the WTO Secretariat.
OFFICIAL PROGRAMME OF MEETINGS FOR 2007
Email: [email protected]
DATE TIME MEETING
MAY
14 - 16 10:00 Committee on Regional Trade Agreements WTO/AIR/2993
17 ASCENSION DAY (WTO non-working day)
21 10:00 Council for Trade in Goods WTO/AIR/3015
22 10:00 Dispute Settlement Body WTO/AIR/3014
23 09:30 Trade Policy Review Body - India WTO/AIR/3001
25 09:30 Trade Policy Review Body - India WTO/AIR/3001
25 10:00 Committee on Trade and Development WTO/AIR/3012
25 10:00 Working Party on the Accession of Iraq WTO/AIR/3013
28 WHIT MONDAY (WTO non-working day)

With such a cloud of confusion with all the mis-info these days yet there are tons items like this that are neatly fitting into place so with that said;


Woot!

Appologize if previously posted.

Expected qualitative leap for the shares after the adoption of the Iraqi circulation

(صوت العراق) - 11-05-2007

(Voice of Iraq) - 11-05-2007

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Sign quantum leap to the Iraqi shares after the adoption of electronic trading on the Stock Exchange
BAGHDAD - Adel Mahdi life-11 / 05 / 07 / /

Investors on the Stock Exchange is expected to deposit the Iraqi «Iraq market for securities» during the coming period a circulation count adopted since it was established nearly 15 years after the arrival of equipment, hardware and electronic systems, which contracted with the company around «or mother VX» Swedish specialized, that had already undertaken similar projects in more than thirty Arab and international bourse.

The President of the Board of Trustees of the Stock Exchange student Tabatabai told «life» that the transition from manual trading system to electronic trading is a quantum leap in performance distinct «Iraq market for securities», where is expected to witness the next stage in order for investment activity as consistent with the desire and aspiration of more than a million citizens are active in the sector shares.

He added that the introduction of electronic circulation coincides with the decision «body securities» allowed by non-Iraqis circulation in the Iraqi Stock Exchange, starting the first of June next (June), according to the Investment Law No. 13 of 2006 which everyone looks to the activated form, which helps to overcome all obstacles that prevent expansion of the Arab and foreign investment in Iraq. Pointing out that the circulation of non-Iraqis in equities and bonds in the bourse Iraqi «is a step in the right direction that achieves a rise in stock prices, after a slump in the value significantly in the last year».

He explained that the number of meetings circulation of two currently in the week, to ten morning and afternoon sessions, in addition to doubling the volume of circulation rocketed, will have a large return for the investment sector in Iraq. Tabatabai and expect that the outcome of this qualitative leap of shares in the bourse, the Iraqi economic value different from previous phases, as in other countries.

The AOCS «IBM» American computer under the supervision of the company «or mother VX» Swedish engineers and training for all staff and stockbrokers Iraqis in the Jordanian capital, Amman, on electronic trading and the central depository, in addition to the completion of the internal linkage with the offices of such intermediaries, room equipped with electronic circulation in the bourse. according to the latest global designs.

Translated version of http://www.sotaliraq.com/

Najirfan BARZANI : seek to establish better relations with countries

(صوت العراق) - 11-05-2007

(Voice of Iraq) - 11-05-2007

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Najirfan BARZANI : seek to establish better relations with neighboring countries based on mutual respect

Arbil : Prime Minister of Iraq's Kurdistan region, Najirfan Barzani government seeks to establish better relations with neighboring countries based on mutual respect.
He Barzani during a press conference at his visit to the Islamic Republic of Iran last week and said «Iran is an important country for us».
Barzani added that his talks with the Iraqi government on the oil will begin next week and will take part himself in the talks.
He said «the oil we have all agreed, but the prerequisite is the preparation of the division of oil imports as well as other supplements there on the criteria of contracts calling for the territorial government to submit this Muf fully to the parliament for endorsement».
He explained that «our discussions about the oil will start next week in Baghdad, and I'm myself in these talks and optimistic if we had the will to reach an agreement on the law».
Regarding the power crisis experienced by the Iraqi Kurdistan region Barzani explained that the agreement would be between the Iranian government and the Kurdistan region to provide electric power, pointing out that the Minister of Electricity in the territorial government will soon to Iran for the conclusion of the contract.

Translated version of http://www.sotaliraq.com/

Iraqi Planning Minister confirms that Jordan is an important partner for Iraq

(صوت العراق) - 11-05-2007

(Voice of Iraq) - 11-05-2007

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Iraqi Minister of Planning to Papan said that Jordan is an important partner for Iraq is the gate Iraq's economic and trade across the Aatzah role played by the Kingdom for the last three decades toward his country. He added in press statements today on the sidelines of the fourth conference for the reconstruction of Iraq .. The prospects for cooperation and integration between the two countries does not harm them, particularly in the field of oil, industrial, transport and communications. Baban said that all sections of Iraq open to Jordanians .. Praising the facilities provided by the Kingdom of Iraqi private economic sector. He stressed that Jordan enjoys a special place the Iraqis, he said .. " We have cooperated with us not forget days severity days of prosperity when crossing Iraq this plight of the now .. Jordan remains an indispensable element in any circumstance. "

He said that Jordan is a country that is close to us psychologically referring to the idea of joint ventures and exchange of expertise and cooperation in the oil and agricultural sectors. On the supply Jordan with oil Papan said .. The problem is the security situation and secure transport on the road because there is no carrier pipeline between the two countries, despite the need him. He pointed out that the road from the station, "Peggy" until the border is not without security risks that hinder the agreement signed in Baghdad when the Prime Minister is known Bakhit visited last year. He called Papan Arab businessmen seeking to take advantage of economic opportunities in Iraq.

Translated version of http://www.sotaliraq.com/