Thread: Iraq/Dinar News Until 5/31/2007 7:15 PM CST..

Originally Posted by rvalreadydang

It's on the main page 14 threads below this news section

Yikers, buried is it. . .LOL Can they move it a little more toward the top of the list I wonder where it is easier to find

Originally Posted by RfxLady

Yikers, buried is it. . .LOL Can they move it a little more toward the top of the list I wonder where it is easier to find

I can move it to the rumour section were it will be higher ranked.

News reports : Rohandzi : any disruption or postponement of Article 140 of the Constitution will be conditions
31/05/07

Lucky News : A member of the House and spokesman for the Kurdistan Alliance Rohandzi Fried, the existence of negotiations between the federal government in central Baghdad, and the government of Kurdistan region to find a solution to the dispute arising between them on the law of oil and gas.

He added Rohandzi who is the membership of the constitutional amendments, , "The inability of the constitutional amendments to reach a formula to resolve the disagreement on points, necessitated the extension of the Committee's work, referring to the leaders of the political blocs, a proposal from the Commission that the move, House Speaker, Mahmoud Almchidani and two deputies Khalid Al-Attiyah and Aref Taifour, across the political council of national security, to find a solution to the contentious points and incompatibility."

He explained that "the most salient points that have not been reached to resolve, is the application of Article 140 of the Constitution and of the city of Kirkuk, and the issue of expanding the powers of the President, as well as the oil and gas,"

He pointed out that "the Kurdistan Alliance, emphasizes the need for the commitment of all to the letter and spirit of Article 140 of the Constitution, as reflected in the Iraqi constitution, the implementation of the road map drawn, in the period set by the Constitution.

He Rohandzi attention to the fact that "all the political blocs agreed to maintain the article, but the source of the disagreement lies in the implementation date, some other parties think that the remainder of inadequate implementation, but we believe we reverse that, and we reject any delay or postponement of the application, because it will complicate the situation."

Replying to a question on the oil and gas controversial, and it intends Iraqi Parliament debate and vote on it shortly, he said, "There are talks ongoing between the central government and the territorial government, to relieve the dilemmas of how the flow of funds to the government of the Kurdistan region, as well as the conclusion of contracts with investment companies, the requirement that all parties, in parallel with the right of everyone to benefit from national wealth and the need for equitable distribution. "

The Commission for constitutional amendments had completed an important amendments, the period during which it was designed, and extremely 4 months, but a number of points of disagreement, the Iraqi parliament was forced to have an extension V. months, in order to conduct the remainder of its agenda, to be so through dialogues and contacts directly, among the senior leaders of the political blocs to overcome difficulties in completing the project.


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5/31/2007 3:49:19 PM5/31/2007 3:49:19 PM

يKurdistan renews its support to the government of Maliki





وقعت حكومة كردستان مع القوات متعددة الجنسيات مذكرة نقل الملف الامني في مراسيم اقيمت في اربيل امس بحضور ممثل رئيس الوزراء مستشار الامن القومي الدكتور موفق الربيعيThe government of Kurdistan with the multinational forces memorandum to transfer the security dossier in the decrees were in Erbil yesterday attended representative of the Prime Minister National Security Advisor Dr. Muwaffaq al-Rubay'i
وجرى عقب توقيع المذكرة من قبل رئيس وزراء حكومة اقليم كردستان نيجيرفان البارزاني والجنرال الاميركي بينجامين والجنرال الكوري الجنوبي يون بيم، استعراض عسكري لقوات البيشمركة والشرطة وشرطة المرور وحرس الحدود.It was after the signing of the memorandum by the Prime Minister of the government of the Kurdistan Najirfan Barzani and American General Benjamin and General Leon South Korean Beam, a review of the military and police forces s traffic police and border guards. وقال موفق الربيعي مستشار الأمن القومي ممثل رئيس الوزراء نوري المالكي في كلمة القاها بالمناسبة إن كردستان تعد نموذجا يحتذى به في انحاء البلاد في الأمن والديمقراطية واعادة الاعمار، وكل قوة تضاف الى كردستان هي قوة تضاف للعراق.Mowafaq Al-Rubaie said national security adviser representative of the Prime Minister Nuri al-Maliki in a speech delivered by the way, that Kurdistan is a model throughout the country in security, democracy and reconstruction, all added to the force is the force Add Kurdistan of Iraq.
وأوضح الربيعي انه اخطأ من ظن ان قوة اقليم كردستان لا تصب في مصلحة الشعب العراقي.He explained that he missed spring of thought that the strength of the Kurdistan does not serve the interests of the Iraqi people.
من جانبه وصف الجنرال الأميركي ميكسن بينجامين خلال كلمته هذا اليوم بالتاريخي، قائلا إن هذا حدث له دلالات هامة لسكان المحافظات الشمالية الثلاث (أربيل، والسليمانية، ودهوك) لأنهم كانوا في الطليعة في إحراز التقدم.For his part, described American General Miksen Benjamin during his speech today Overdue, saying that this has happened to the population of important indications the three northern governorates (Erbil, and Sulaymaniyah, and Dahuk) because they were in the vanguard of progress.
وأشار بينجامين الى ان هذه خطوة كبيرة إلى الأمام على صعيد تحسن الأوضاع الأمنية في شمال العراق وزيادة صلاحيات الحكومة، مضيفاً ان الأكراد بهذه الخطوة سيسهلون لرجال الأعمال العمل في أربيل، ونحن متفائلون بأنهم سيصلون إلى أهدافهم وأمامهم فرص عظيمة في المستقبل.Benjamin pointed out that this significant step forward in improving the security situation in northern Iraq and increase the powers of the government, adding that this step Kurds Cissehlon businessmen working in Arbil, and we are optimistic that they will get to their goals and have great opportunities in the future.
وأكد الجنرال الأمريكي على استمرار دعم الحكومة الأمريكية للسلطات المحلية في الاقليم.The American General on the continuing support of the American government to local authorities in the province.
من ناحيته، اعتبر نيجيرفان البارزاني رئيس الوزراء في حكومة اقليم كردستان خلال المراسيم أن انتقال الملف الأمني دليل على قوة واداء مؤسسات حكومة الاقليم، قائلا انه ليوم تاريخي في حياة شعب كردستان وانتقال الملف الأمني دليل جديد على قوة واداء مؤسسات الحكومة في كردستان في تثبيت الامن والاستقرار.Meanwhile, it Najirfan Barzani, Prime Minister of the Kurdistan Regional government during the transition decrees that the security file proof of the strength and performance of the territorial government, saying it was a historic day in the life of the people of Kurdistan and transmission security file new evidence on the strength and performance of government institutions in Kurdistan in consolidating security and stability.
كما جدد دعمه لحكومة المالكي، قائلا: قررنا ان نكون جزءا من العراق الفيدرالي، لان الفدرالية تحمي البلاد وتحقق مطالب جميع العراقيين وليس الأكراد فحسبIt also renewed its support for the government of Al-Maliki, saying : we have decided to be part of a federal Iraq, because the federal protect the country and achieve the demands of all Iraqis, not only the Kurds

UAE to host two-day seminar on Iraq SMEs in JuneMENAFN -

(MENAFN) Ras Al Khaima's Crown Prince and Deputy Ruler will inaugurate the Iraq First International Convention for the Development of Small and Medium Enterprises (SMEs) during the next month, Gulf News reported.

The two-day seminar will be organized by Iraq First, a non-profit organization launched by KGL Investment Company. The initiative will also be attended by the Iraqi Vice President of Iraq, and will bring together Iraqi entrepreneurs and international investors.
MENAFN - Middle East North Africa . Financial Network News: UAE to host two-day seminar on Iraq SMEs in June

Iraq Reaches Historic Milestone in Negotiating Acession into the WTO

29 May 2007 - Iraq’s bid to fully reconnect with the global trade system after decades of isolation reached a historic milestone on May 25th, when the first meeting of the Working Party on Iraq convened in Geneva at the headquarters of the World Trade Organization (WTO).

The Trade Minister of Iraq, Mr. Abed Falah al-Sudani, hailed the meeting as a success and as a major step in his country’s efforts to restore its position within the international community. ''Iraq's membership in the WTO sends a positive signal to the people of Iraq that they are welcomed back and that the world really cares about their welfare,'' said al-Sudani.

In the two days leading to the event, the Iraqi delegation held bilateral meetings with 12 WTO Members including the US, EU, Vietnam, Morocco, Egypt, Jordan, United Arab Emirates, Taiwan and Canada. Telephone contacts were also made with China. The meetings were positive and supportive of Iraq’s accession.

The WTO Members that attended the meeting raised questions related to Iraq’s investment law, the intellectual property regime, privatization and Iraq’s progress and plans for bringing its domestic legislation into compliance with WTO treaties and rules. The Iraqi delegation gave on-the-spot replies to all questions raised while noting that further elaboration may be provided in the written replies to be submitted later.

The participants noted that a possible timeline for the next Working Party Meeting could be early 2008. By then, the Iraqi delegation will have to present responses to the written questions raised by WTO members, submit a legislative action plan and prepare accession documents on Agriculture, Trade in Services, Technical Barriers to Trade, Sanitary and Phytosanitary Measures and Intellectual Property.

The first Working Party meeting is a major milestone in a process that started in early 2004, when Iraq applied for WTO membership. Since 2005, the USAID Mission in Iraq has provided comprehensive assistance to the Government of Iraq in the WTO accession process through IZDIHAR, in the areas of capacity building, legislation, development of a customs tariff and preparation of WTO accession documents. “This is a huge step forward for Iraq”, commented Baljit Vohra, IZDIHAR’s Chief of Party. “There is much to be done. Accession negotiations are complex and take time, but we are confident that this very good start will lead to a successful reintegration of Iraq in the global trade community.”

IZDIHAR News Highlights

Auction traders' bids higher to press exchange rate down Baghdad - Voices of Iraq

Thursday , 31 /05 /2007 Time 4:07:59 </B>

By Dergham Mohammed Ali Baghdad, May 31, (VOI) - Traders at the Iraqi Central Bank's daily auction made more bids to purchase the dollar in Thursday's session in order to press the exchange rate down, a trader said.

On Thursday demand for the dollar was up in the daily auction, reaching $82.215 million compared with $68.890 million on Wednesday.
In its daily statement the bank said it had covered all bids, which included $13.375 million in cash and $68.840 million in foreign transfers, at an exchange rate of 1,260 dinars per dollar, unchanged from yesterday.
Eighteen banks participated in Thursday’s auction and offered to sell $100,000. The bank bought all of them at an exchange rate of 1,258 dinars.
Ali al-Yasseri, a trader at the auction, told VOI "the hike in the demand for the dollar in today's session was seemingly an attempt by traders to press the Central Bank to bring down the dollar exchange rate against the Iraqi dinar, after it unexpectedly jumped by one tick in yesterday's auction."
The Iraqi Central Bank runs a daily auction from Sunday to Thursday.

Aswat Aliraq

Originally Posted by Lunar

Iraq Reaches Historic Milestone in Negotiating Acession into the WTO

29 May 2007 - Iraq’s bid to fully reconnect with the global trade system after decades of isolation reached a historic milestone on May 25th, when the first meeting of the Working Party on Iraq convened in Geneva at the headquarters of the World Trade Organization (WTO).

The Trade Minister of Iraq, Mr. Abed Falah al-Sudani, hailed the meeting as a success and as a major step in his country’s efforts to restore its position within the international community. ''Iraq's membership in the WTO sends a positive signal to the people of Iraq that they are welcomed back and that the world really cares about their welfare,'' said al-Sudani.

In the two days leading to the event, the Iraqi delegation held bilateral meetings with 12 WTO Members including the US, EU, Vietnam, Morocco, Egypt, Jordan, United Arab Emirates, Taiwan and Canada. Telephone contacts were also made with China. The meetings were positive and supportive of Iraq’s accession.

The WTO Members that attended the meeting raised questions related to Iraq’s investment law, the intellectual property regime, privatization and Iraq’s progress and plans for bringing its domestic legislation into compliance with WTO treaties and rules. The Iraqi delegation gave on-the-spot replies to all questions raised while noting that further elaboration may be provided in the written replies to be submitted later.

The participants noted that a possible timeline for the next Working Party Meeting could be early 2008. By then, the Iraqi delegation will have to present responses to the written questions raised by WTO members, submit a legislative action plan and prepare accession documents on Agriculture, Trade in Services, Technical Barriers to Trade, Sanitary and Phytosanitary Measures and Intellectual Property.

The first Working Party meeting is a major milestone in a process that started in early 2004, when Iraq applied for WTO membership. Since 2005, the USAID Mission in Iraq has provided comprehensive assistance to the Government of Iraq in the WTO accession process through IZDIHAR, in the areas of capacity building, legislation, development of a customs tariff and preparation of WTO accession documents. “This is a huge step forward for Iraq”, commented Baljit Vohra, IZDIHAR’s Chief of Party. “There is much to be done. Accession negotiations are complex and take time, but we are confident that this very good start will lead to a successful reintegration of Iraq in the global trade community.”

IZDIHAR News Highlights

Please tell me that this isn't the date we have been looking for....could Iraq RV before answering the pertinant questions the WTO is asking?

28 billion dinars for service projects in Najaf Najaf - Voices of Iraq

Thursday , 31 /05 /2007 Time 4:07:59 </B>

By Haydar al-Kaabi Najaf, May 31, (VOI) - The Najaf reconstruction authority has received 28 billion Iraqi dinars ($22.250 million) for implementing 43 projects in the province, the director of the authority said on Thursday.

"The projects include health services, paving roads, constructing bridges and streets, and education, in addition to projects for drinking water and water infrastructure," Haydar al-Mayali told the independent news agency Voices of Iraq (VOI).
"The fund will include all Najaf's districts and neighborhoods and the authority will start implementing the projects by next month," he said.
Najaf is located 160 km south of Baghdad.
Aswat Aliraq

GCC Unified Currency Draft to Be Finalized Soon
Sarah Abdullah, Arab News

JEDDAH, 31 May 2007 — According to Bahraini finance minister, Sheikh Ahmed ibn Mohammed Al-Khalifa, the finalization of the draft proposal for a GCC unified currency will be completed soon. GCC central bank officials are expected to meet at the end of June to decide the name of the new currency, its types and the way it will be introduced as well as the mechanisms of exchange to be utilized. Ahmed said that plans to introduce the unified GCC currency by January 2010 are going according to schedule despite Oman’s failure to fulfill certain criteria. He added that the GCC countries are trying to bridge financial gaps in order to launch the currency on schedule, with member countries already agreeing on issues related to inflation, bank interest rates, and budget surpluses and deficits.

The chief economist at SABB, John Sfakianakis said, “I think that the possibility of the GCC states meeting the deadline of January 2010 for the introduction of the unified currency is still possible. There are, however, signs that some countries are not meeting the criteria concerning the deadline and I fee that Saudi Arabia, as the largest economy in the GCC, should be the leader and show its strength in order for the deadline to be met.”

When asked if the adoption of a unified currency would cause an increase in the cost of living as was the case in the EU when the euro was adopted, Sfakianakis said, “Not necessarily as in some major ways, we in the Gulf already have a common currency since local currencies are often accepted across borders. A unified GCC currency should not lead to speculation resulting in a rise in the cost of living.”

GCC Unified Currency Draft to Be Finalized Soon