Director of Iraqi Stock Exchange : the retreat of the value of the shares of 30% in 2006 and optimism improvement Baadalantha linking electronic trading network
Source : file Press-10/06/2007
The Executive Manager of the market Taha Ahmed Abdul Salam circulation indicators show a decline in circulation in the past year, compared to the previous year for several reasons instability, insecurity and the worsening problems associated with the daily lives of citizens and the retreat of the performance of a few companies Iraqi troop. He pointed out that Abdel-Salam, this did not prevent the continuation of the ongoing work plans in the market and continuing circulation of investors.
Vkdartva number of shares registered in the "market for securities Iraq," of 432 billion shares, especially with 85 companies in 2005 to 774 billion shares by 93 private companies at the end of last year. while the market value of the shares traded 3160 billion dinars (2.136 billion dollars) in 2005 but declined losing 30% of its value to 1949 billion dinars ($ 1.5 billion), and the price index of shares traded was 38209 points at the beginning of last year. closed down to 25288 points at the end of the same year.
Abdul Salam explained that the efforts were sincere and sound in order to preserve the gains of vital market reflected in the recording market in the "Union of Arab capital markets" in June last year because of its impact on the development of a culture of the Iraqi Stock Exchange and the development of legislation and regulations prevailing and raise the efficiency of their performance, in addition to activating the media activities of the market through the issuance of capital market newspaper.
The Executive Director of the "Iraqi Stock Exchange" to the success of the Board of Governors in obtaining financial aid from donor countries, estimated at more than seven million dollars in 2006, allocated for the development of mechanisms dealing in the market, By way of circulation manual to electronic trading through the signing of an agreement with the company "or VX or" Swedish that have already implemented automation projects in 30 Arab and international bourse, to provide the market system "Horizon" electronic trading system and the central filing system "Equator".
He pointed out that within the plan of this project, a direct link between the "market for securities Iraq" and the "body securities" and the sites of mediation offices, businesses, banks and non-governmental organizations, in addition to linking the network with nationwide circulation after opening the rooms are electronically connected to the location of the market in Baghdad and then move to link globally.
He confirmed that Abdul Salam fraud internal networks in the market ended, and the training plan to the requirements of these regulations is expected to be completed on a large scale include the President and members "of the securities" and the Board of Governors of the market and associate.
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11-06-2007, 04:49 AM #141
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11-06-2007, 04:52 AM #142
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BAGHDAD : Iran will drift Shatt al-Arab which lost Iraqi territory
Source : Radio Sawa - 10/06/2007
The Iraqi Foreign Ministry that Tehran stressed the need to take swift action to remedy the situation of the Shatt al-Arab, which is different now fully what it was previously due to excessive sedimentation, which led to an erosion largely inside Iraq.
Transfer Ministry statement received by Agence France Press a copy of the Iraqi delegation discussed with Iran's Foreign Minister Manouchehr strategy recently the subject of the Shatt al-Arab, which is currently being developed because of neglect, plenty River, sediments, resulting in a deviation Hungarian considerably within the Iraqi ground.
It quoted the ministry as saying that the strategy is important to the Shatt al-Arab parties, and that he had recently visited the region to the field, and noted a clear erosion occurred in the river, the direction of Iraqi territory, which is now in a number of areas behind the water coast, which led to damage Iraq and the loss of large tracts of territory, according to Iranian Foreign Minister.
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11-06-2007, 04:53 AM #143
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The economic cooperation between Iraq and Iran
Source : Statement UAE-10/06/2007
Service has economic relations in the Ministry of Trade to draft a new convention trade and economic cooperation with Iran. A source in the «that the draft of the Convention was circulated to the concerned ministries for the purpose of the observations on them». He added : «The draft agreement in the case to the statement items, and inform the Iranian side, it is a substitute for the agreement signed between the two countries in 1967».
The source explained : «The relations between the two countries have witnessed significant after visits by senior officials of the two countries, in addition to the government economic and trade delegation, headed by the Minister of Trade, Dr. Abdel Hassan Sudanese farmer, who met with senior Iranian officials, and the issuance of a joint statement between the two sides, A common desire to develop economic relations and increase trade exchange between the two countries, and the number of problems related to various issues ».
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11-06-2007, 05:03 AM #144
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Granting leave 454 import and export to leave 35 Iraqi merchants
Source : file Press-10/06/2007
The Ministry of Commerce granted leave for importing 454 suppliers and 35 senior export license, He outlined a statistical report issued by the company's public exhibitions of the Iraqi Trade Ministry on the company's activity for the months of January until April 2007. they were given (454) leave the importation of Iraqi merchants and suppliers included import (round white and milk derivatives and red meat, frozen fish and young were Ice cream, chicken, honey, Attariat (eyes, I am asleep, The Sultana, wood Jam). The company issued (35) leave the export of Tejararakiin included (furniture, Sufa and Jet seeds and skins, the seeds of the ring and solvent ink and Asabbaga and plastic products, maize yellow and Smsma Kouba, and Masha, slag and iron DBSA and Carbona requirements and industrial production and industrial machines) and the company as well (95) leave the export dates and (31) leave the export of products and miscellaneous goods both Syria and Lebanon, the UAE, Turkey, Morocco, Egypt, India, Jordan also given the company during the same period (192) identity importer and (11) the identity of export.
The report added that another part of the company approached the Secretariat of the Council of Ministers at the direction of the Minister of Trade of attorney to approve the reallocation of land to former Oxford Mesopotamia State Company for the Iraqi opposition which had been seized upon by the organs of the former regime, as well as follow-up activity related to the joint committees of Foreign Affairs with the world in coordination with the Foreign Economic Relations and Trade Ministry to work within the conventions of common trade during the current phase and in the framework of activating relations with the countries of the world through participation in the Baghdad International Fair and Exhibition specialized for the purpose of re-activating these future activities.
On the other activities of the company explained that the report has been initiated to implement procedures to participate in the Damascus International Fair to be held for a period of 15-22 / 8 / 2007, as well as the procedures involved in the exhibition (GCC Iraqi Forum I) for a period of 1-3 / 11 / 2007 in the Bahraini capital (Manama).
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11-06-2007, 05:07 AM #145
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Baghdad Petrol crisis revives the black market
Translated by IRAQdirectory.com - [10/06/2007]
The fuel and energy crisis worsened in Baghdad and other governorates, while the black market boomed as the “sailors”--a name given to the vendors outside fuel stations--increased their price per liter of petrol to about 1250 dinars (one American dollar). Car queues in front of fuel stations extended 10 km, forcing waits of over 12 hours. All this coincides with the hot summer climate and the almost constant cutoffs of electricity.
Iraqi oil ministry revealed that Baghdad has become dependent on oil derivatives from Al-Dora refinery, as Al-Mishahda, Latifiyah and Karkh depots have gone out of service due to deteriorating local security conditions. The Director-General of petroleum products, Kareem Hattab Jaafar, said that Baghdad gasoline requirements are "up to six million liters a day, while Al-Dora refinery produces only 1.75 million liters at best, which means a deficit of more than four million liters daily. The Ministry is working to cover part of the gap through imports from neighboring countries."
Jaafar explained that the fuel crisis "worsened after the bombing of the Al-Sarrafia bridge in Baghdad, which made transporting and supplying the sub-stations very complex, especially after terrorist bombing of Diyala Bridge south of Baghdad disrupted distribution." But he affirmed that the retail outlets "are now working smoothly after the extension of working hours through the night."
He noted that demand for gasoline "significantly declined recently due to increasing prices at governmental and private stations," explaining that Baghdad "usually consumed daily around six million liters, but the level of consumption ranged between 3.5 and four million liters in the past few days." He said, "The constant power cutoffs is the main cause of the worsening fuel crisis, raising demand for gasoline to operate private home generators."
Citizens called on the Parliament and government to act quickly to resolve this strangling crisis and criticized the Ministry of Oil procedures for extending the work of governmental stations around the clock, asserting that the primary beneficiaries of this process are black market vendors.
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11-06-2007, 05:14 AM #146
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Sudanese encourage investment in the country and calls for the integration of Arab economies
6/11/2007 8:12:00 AM
Iraq headed the 85 ministerial session of the Arab Economic Unity Council held at the Arab League headquarters Thursday presence of the Secretary General of the Council and Member States, namely Egypt, Sudan, Palestine, Jordan, Mauritania, Somalia, Sudan, Syria and Yemen were Raad Alalusi Permanent Representative of Iraq to the Arab League word Trade Minister Abdul Sudanese farmer did not attend the meeting, said : "We seek in this meeting and in light of regional and international developments that have taken place in the Arab and international arena to Arab economic integration and to be economic force capable of facing challenges.
With regard to the economic situation in Iraq confirmed that the government in two years was able to advance several of the projects and supporting the national economy, the 2007 budget the biggest budget since the inception of the State.
The Minister stressed the importance of trade, foreign investments in Iraq from the very important priorities to achieve integrated economy and also opened the door for Arab investments, pointing out that security conditions conducive in the country especially in the southern governorates and the Kurdistan region.
He explained that Iraq is among the countries that ratified the Convention on the Arab Free Trade Zone and resolutions of the Arab institutions signatory to the Arab League.
The President issued four items of the meeting is the common Arab market and the development of trade and developments in the trading of investment and development in addition to supporting development in Somalia and contribute to the process of reconstruction and the recommendation to hold an economic summit at the Arab summit decisions Riyadh.
A report by the Secretary-General of the Council for the improved rate of economic performance of Arab countries in 2006 compared to previous years in the gross domestic product, economic growth and expansion in investment spending and the continued application of the policies and programs of economic and structural reform and increase the effectiveness of the private sector in Arab countries.
Translated version of http://foratnews.com/paper.asp?ID=2819
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11-06-2007, 05:24 AM #147
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The House vote on a number of draft laws
06/11/2007 8:21:54 AM
The House of Representatives held Sunday at the Palais des Congrès meeting chaired by Dr. Mahmoud Almchidani where he is scheduled to be voting on a number of draft laws. He said media source in the House, who requested anonymity, the Independent News Agency (Voices of Iraq) that the Council's agenda includes voting on a number of bills on its agenda. including the vote on the draft Code of Criminal Procedure military and vote on proposed Act to amend the Supreme Iraqi Criminal Court No. (10) for 2005 and vote on a bill owning residential plots of the judges.
He added that he also planned to do the second reading of the draft law on accession of the International Agency for Investment Guarantee and the second reading of the draft law on accession of the Republic of Iraq to the Islamic Corporation for Insurance of Investment and Export Credit, as well as a discussion meeting of the Presidency and the heads of lumps with the Commission on Security and Defense Council.
He explained that the agenda of the Council vote on proposals to abolish a number of the Revolution Command Council dissolved.
The source did not refer to provide further details.
The MP Mohamed khaz'ali the Islamic Virtue Party announced at the parliamentary session, Saturday, that the House examine withhold confidence from the chairman of the Integrity Radi Hamza Radi at the request of the morning Sa'idi Chairman of the Integrity Commission to the Council.
He told khaz'ali (Voices of Iraq) said that the council hosted a meeting in Parliament on Saturday, Foreign Minister Hoshyar Zebari was discussed issues relating to Iraq's foreign relations and extend the mission of the multinational force.
Translated version of http://foratnews.com/paper.asp?ID=2819
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11-06-2007, 05:29 AM #148
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In reading obedience to the economic reality. The basic principles of economic reform
Dr. Adel Abdel Mahdi
6/11/2007 8:25:38 AM
The name of God the Merciful
Introduction
Not least, but does not know the things of the country, that Iraq will go easy comfortable circumstances, if the fall of the former. But many books and many leaders pointed out that the task of change, no matter how difficult and tough but the task of reform will be more complex and much more difficult ..
This is normal for all those who know the devastation and destruction that befell Iraq during recent decades : despotism, corruption and internal wars ongoing, and three major regional wars and the internationalization of the Iraqi issue, the sanctions and blockade .. The change comes, and put the country under occupation. It committed serious errors, in addition to the mistakes made by the Iraqis themselves. Add to all of the vicious war waged by terrorists and Altkverion and Sadamion, which targeted the Iraqi society and the rest of the builders and institutions. The disruption of the process of reform, the political process and all that would move from this tragic situation to the conditions of salvation that was sought by the Iraqi people ..
De****e these circumstances could test of the Iraqi people and sacrifices and mobilizing the support of friendly countries, a great display of arms, and identify priorities which identify the restoration of the country's sovereignty, and elected representatives who are empowered to speak on his behalf and that it is important for Iraq constitution agreed upon by Iraqis, all Iraqis. And already made the political process successfully impressed the world and the government of national unity, convened in the House of Representatives all of those Iraqi forces and the large task that represent the Iraqi people in all their components. It developed the security and the Iraqi army. Once many of the issues that were Dreamlike few years ago .. Achieve all this, which is great, very great. This must be proud of all of us. But we still feel that the country has not taken off and the fact many risks still surround them .. And our President that the reason for this is that through economic reform and the provision of services remains stalled. One of the fundamental reasons for that is certainly the terrorism and sabotage .. But we preferred in this paper not only that but we have to stress that the reason for the disruption was not this factor, but that the reform and the provision of services could have achieved much more important progress achieved, to achieve something great little suits funds disbursed and the tremendous efforts that have been made .. The political process has advanced the center of terrorism and sabotage, but they have one of the means to confront him .. And it was possible for economic reform and the provision of services that the Guest also not only in the interest of the people and give the sense of change and its real purposes, but also called for the tremendous momentum that can be of the regions, prefectures secure and stable and its residents that particular act militarily and politically and economically. forming one of the most important means to get out of the stifling conditions and strengthen the country against all risks that could threaten. These factors and others were present paper. The paper did not directly prompt Cha postponement in order to avoid the loss of time and loss of blessings and the virtue of this holy month, approved the principle that word to the wise understand the reference, note that all references and concepts mentioned in the paper with detailed figures and evidence we believe it enhances what we have and the vision of diagnosis and treatment, , which would incorporate detailed study considered this paper provider. We are confident awareness and sense of responsibility enjoyed by our brothers who Servdon these visions and currency correction and development for the interest of Iraq and Iraqis.
Entrance
It is necessary to agree first of all decision-makers and actors and mumbling the House and the Bloc region and the state, regions and provinces, and forces actors and the forces of the various natural that the country needs and what is the policy of starting and residential areas and the disbursement of funds in service projects and productivity .. Most important in the economic policy of any country and nation is how to double the value-added tax and accumulate gains and gains and building the infrastructure that allows all of this and worsens. The agreement is necessary to remove anything that might impede that. Losing profit machine, and the disruption of production from the turnover is the largest corruption and the loss of Great Britain will not prosecute offset errors and excesses smaller .. Begin the process essentially go ahead and drainage systems, control and protection and rationing and the fundamentals of contract and integrity and others are protections must go to the longitudinal line and the starting line is not accidental, as is the case in most cases now. Caught in the country and the assets to the erosion not only because of the corruption and theft and Hoasm State, but mainly due to the delay and retreat, but sometimes stopped wheel production and the generation of values for work and this is the greatest disaster. Nothing protect and Nhasph and organize and observe the rules of fairness that did not originally start the process .. Regulations control and restraint come and already tested its effectiveness after starting .. They do not come only after it takes off as if that process is cumulative and progressive successive sessions and each session should give way for a more superior than the further production of surpluses and added value and profits. And everything from the laws, procedures and controls must be respected in the service of this objective aims near and far, partial and comprehensive, does not survive at the limited or short.
Therefore, we removed the brakes to their rightful place in the first, and then the diagnosis policies starting Secondly, the diagnosis of implementation tools and policies to encourage some to get out of the closed circle of isolation.
First : factors seizure and restraint
1-in laws, regulations and procedures : This overcomes the legal obstacles because of the welter of laws and regulations or on the contrary, the absence of law required leaving the matter to predict different and changing.
A blurry-laws and regulations which makes arbitrary acts opposite often contradictory.
B-many of the committees in the Council of Ministers, ministries and take many decisions and not intended as acts of policy addresses the problems studied in the framework of the partial solutions Assembly.
C-committees of the Chamber of Deputies and the failure to address the many laws that have accumulated over the life of the Iraqi state, particularly those conflicting, or in the absence of a number of necessary legislation
D-assurance to the speed and good work of the presidency and does not become disruptive of the efforts and the terms of reference when making legislative or executive branch. The role defined by the Constitution of the Presidency Council, in no way means to stay within the limits of personal opinions in the work and decisions of the government and the House of Representatives but carries members individually and collectively responsibility in the expression of the collective awareness of representativeness and compromise their assignments.
2-providing job security and a sense of responsibility. Negative behavior of the official (Altlkoe and reservists and frequency) tends to conduct positive (resolution and initiative and responsibility). Because of the growth of such behavior-in addition to public education-to the prosecution and punishment after every political change or cabinet reshuffle Arafa Iraq throughout history past and present .. This requires the protection of the decision of craftiness and media exposure, accounting Random and anger administrative and political antagonisms. And that the work of accounting and control and integrity as assets that can correct acceptable nails done without causing a malfunction in the biggest disruption of the public interest.
A-provide physical protection and material and moral interests of officials and their families to which they were terrorists and saboteurs and Altkverein primarily, but also from many groups and the forces of political and Mavioeh within or outside the enterprise.
B-hasty decisions and not just from the higher ranks .. And endured ministerial changes usually changes threaten to generate efficiencies and embarrassments and concerns persist.
C-Measures to control the integrity both in haste or in the defamation in the media or in the nature of the procedures and no hasty accusations except in accordance with procedures several filters to ensure that no harm is more of interest.
D-chopping and the importance of dealing with him with a similar outlook on the theme of integrity required, in accordance with the constitution.
3-emerged on many occasions there is no serious discussion precedes decisions in the House of Representatives, or within the government, or the presidency .. But there is no serious discussion of key issues in the meeting between the different parties or even one block. Often take some officials or some of the decisions or propose amendments on the advice or Msttalaah-depth views of the various policies and thereby disturb others made a good effort in the preparation .. The examples are many. Not to mention the different interpretations and spiritual uncertainty and skepticism exist even within one block due to the political situation which causes many of its decisions and actions.
4-responsibility and signature :
A clear-granting powers to negotiate and sign and streamlining procedures (and special paper attached figure 1). Creating stability in the level of deputy ministers and directors-general to represent are permanent and substantive element in the work of the ministry, but the minister is the person political and administrative change that does not affect the stability of the Ministry's work and achievements.
B-to facilitate the work of the assignment, whether to negotiate with the selected or through tenders or other means of ensuring the rights of the country and speed of delivery and quality.
C-simplify procedures opening credits
5-payment charts for both points of executing internal or external, often leading administrative and procedural obstacles to delay the payment, which generates strong reluctance in such a rush to sign a contract with the government.
6-Adoption of the policy of the best existing Best available from contractors, companies and bidders in the implementation of projects, rather than matching الحرفيExact match, especially if the damage delay of more than damage the high price or lack of certain conditions, especially non-core.
Second : the starting and reform policies
The definition of the motives rights :
The accumulated confiscations, laws and regulations and state monopoly since the end of the Ottoman Empire and multiplying actions and decisions rapidly, especially in recent decades .. A State gradually hands either on the right or appointed the fundamentals of work ... In the area of agricultural land has become difficult to define property and various forms of investment, which form continued to decline for this sector serious .. As in the areas of real estate, commercial, industrial and service has extended to other State monopoly to become the largest owner and expel all rivals and turning those who were still merely agents and affiliated revolve in its orbit. All this without talking about the seizure of the extractive sector, especially in the areas of oil and gas, which turned ownership of the property to the people of the State of the individual and then to steal not only the right to appointed, but the bulk of the areas of work in all phases of its manufacturing sector ascending, descending .. It therefore fully controlled all the resources of this sector giant .. And turning right at the end of the reconstruction and protection of the future generations the opportunity to use this wealth in the development of the country and to the armies of internal and external wars did not stop .. At best, and hybrid industries to the caring and empty palaces where everything except the sovereignty and interests of the people and society. It is serious and very dangerous. Valestebdad political grew with these developments. When State dominated the meeting, the King and become a totalitarian dictatorship is the natural outcome, which does not remain in the range of superior infrastructure, but also to bring the reality of life and all elements of the policy, in which case Iraq is undergoing today. But the absence of a state or weakening means chaos and that the proper equation, which must work with the dedicated and the government is a strong product of the people and strong society, and not vice versa State draws on the people and society and their role canceled .. And a strong central government and the remaining players with the powers and functions of local governments and strong players not delay or cancel the first two in the first two .. Therefore, the quest to restore water to normalcy Bmohan current State in the right place and the restoration of community and the people and local governments of each session, which the aims of this paper are aimed at inter reform of the State and rid of bureaucracy and responsibilities vanish under which today.
And when we say that the matter is serious, very serious, we do not mean the pure intimidation. When obtain such a situation would mean first-means-Disruption of the motives and interests, which drives the free wills of individuals and groups. Will all the incentives and engines innate instincts and natural instincts and desires move, initiatives and motives of wills and aspirations and dreams, and left with only a system of forced labor and servitude, coercion and fear. So when the system collapsed repression in Iraq has collapsed with The whip visible or hidden, which drives the action and broadcast it, even if the amount of weak vital activity and the economic sense, not humanitarian course.
This is our day, we have to either repression and autocracy to mobilize a new tool of oppression and the state monopoly .. To return and play a patient in moving the wheel and even the lowest levels of production .. Or should begin reform men who fought injustice, tyranny and defeated the tyrant and fought for the Constitution and democratic life and sought to restore rights to the people and society, all of us must strive to restore a quorum rights and motives to the natural trajectory of wills where they can be free for individuals, groups and governments and local administrations to re-industry economic and social life of a stable base stands and not concern shaky standing on the summit. Therefore, when some say that this country is not suitable for democracy, or when it demands some Iraqis and Westerners and the Americans and the Arabs to the control of the state, even at the expense of the people. it explains that what this means is some special interest for the control of the country and not the interests of the people and the restoration of his role in life and evaluate things and put them in proper contexts.
If the investor and businessman, to the profit and ensure their rights not only in the day but in the future and also the future .. And if the real estate or donations to the farm queen or rent .. The employee and the worker to a zone and taxi and Hamayath holiday or when his old age .. Mills and Al-Serafi to utility and usefulness. The patient, the owner of Invalidity and poor and miserable to care and the introduction of his hand to move from poverty to Equity. If there is the family protection, security and surrounded childhood and youth care .. And that these are the essential pillars of the community and its future .. And that the right of the public wealth is not to be given to them, but the share of the right to contribute to the manufacture, and did not appear in the economic accounts statistics, the GDP .. If the State is no longer playing the role of protector and guarantor natural to achieve this, and the occupation of their economic and social role as a servant of the people and not the owner is, to develop the concept of public service to the rearing and culture itself is true that the concept of citizenship was in the confines of a mutually Rahim knows his or her duties and rights. If Iraq is to respect fellow sign of the pride and respect for themselves and respect for others, promises and pledges .. If we begin to work to make these and other daily realities, we have to review ourselves. Because the old system we would win and we will be renewing the area and his hands. The return of tyranny and oppression, there is no difference same characters and symbols or symbols of the old and new figures. It is our duty and the duty of the government, Parliament and the forces that act quickly to a series of historical work that would save Iraq and the most important fact-and not all - of the following :
One-property law : (a special paper) of the Property Act legislation essentially seeks to restore state ownership wide, which today constitute not less than three quarters of property to the citizens and bodies and groups, municipalities and provincial and local governments, etc. .. State ownership is the product of extensive historic policies of confiscation or seizure or forfeiture of the owner does not have .. They basically ownerships either public, private or religious endowments, private or public commons, or other forms of compensation will be : do the historic, as a general and not specifically Specifically, the following :
- The liquidation of property and real estate, which inherited the State of Saddam's regime and its men through the sale of bodies or of the citizens or institutions, or converted into museums or academic institutions or different social, all in order to prevent tampering and illegal exploitation optimal. And that money could be used to :
ا-compensation affected by the actions of the former regime and compensation for property disputes in order to alleviate the burden on the budget as a result.
ب-could be the nucleus of the proceeds of a fund to finance small and medium-sized enterprises in the private sector to stimulate and soft.
Land-distributed free of charge, or about the minimum to the people and the population to build housing in selected locations outside congested cities after providing supplies with the grant conditions Tsliveh simple. The paper acknowledges Tabo or title after the end of construction or part of the President.
The distribution of land-use or direct ownership to the owners of industrial projects, agricultural and service within or outside the municipalities according to the conditions and specific controls. Although known patterns of real estate or land and the conditions that residential land or agricultural, industrial or historical or establishments or government or public, municipality or other types.
- Owning Arsat or bodies of the terms and prices of thought, especially given that the rents paid in the case of some Arsat had exceeded the real value of the property which allows as payment of premiums .. In any case, take into consideration the introduction of the determinants require reform and renewal in King, or both, which is more correct.
- The liquidation of remnants of the old laws settlement and the agrarian reform law and the ownership of the attachments did not own the exploiters, investors and farmers land distributed to them or by contractors, and are already using .. And unless re-distributed, or deployment has been invested or used to pay no owners and investors peoples. Other formulas or did not respond to define concepts of ownership, leasing and exploitation is clearly eliminates the ambiguity and overlap many of the current names, which grew confusingly lost rights and benefits and the motives alike.
- Acceleration in resolving property disputes and restore everything to its owners, raped or compensation of human kind is the same real value at the acquisition.
- Encourage investment contracts, exploitation and ownership in the dead and the prairies and the rural and undeveloped land and swamps, mountains and marshes deployed today in the length and breadth of the country, not only for agricultural investment, but also for the extraction works and services, education, fishing, tourism and various forms of business.
That does not mean that the State will depend on the exercise of economic activity .. But exercise this role must be standards or the standards of market knowledge strategy in a clear and true. What must stand point is that transformed the role of the ministries of Sergeant Shepherd and Guide to the role of businessman and merchant, industrial, doctor and teacher .. The necessary that the State plays a businessman or other conditions must be respected competition and the laws of the market, or to intervene in the blank spaces and strategic issues, which is the necessity, if not by the shortage or gap will be present in the country or its future.
2-inheritance system : (a special paper) that the justice system Itosmaha inheritance based on Islamic law as commonly applied in many cases, killed solid ownership, which was one day prosperous and active .. The exigencies of Qassam legitimate and distributed in the great contemporary circumstances often lead to delays and inaction especially in the property investment, not to mention the conflict and discord between members of one family, a situation experienced by many of the properties that have become de absent or idle Malkith. Many of the properties that were in the field of industrial or agricultural real estate or suffer today from the disintegration of the stalemate and prevent disruption and prevents the accumulation of wealth and capabilities. We believe that the men of jurisprudence, the law could apply to the introduction of meddling adapt legal prevent a vacuum in the successful management in the interest of the project and owners of the new heirs .. The assignment of such properties to the Directorate sponsored until the new owners of heirs-as proposed - is usually the worst of solutions .. That replacement replace bureaucratic inertia and the vacuum when what is to keep the efficiency and diagnosis of Malta and the acquisition of rights holders of their rights .. We need to find solutions that might have a way out experts meet in practice - and not in theory-purpose. It is the preservation of the rights of the legitimate heirs of hand without disrupting the effectiveness of the King, on the other hand. Solutions begin encouragement and education to write a recommendation to clear the capital of the King. Or solutions may begin evaluate the market value of the property by experts estimate these affairs spe******ts .. And converting heirs designated forensic Qassam, the kind of a private company or the company's contribution (by type of drug was that King or land or a company or a factory, etc.) and record this title or what resembles. and when any Heir holder of the stock market value is unknown can be sold or retained in accordance with the procedures specified in the other parties as a legitimate Qassam in the procurement process to avoid exit from the King to others. The management company or choose guardian or manager either its biggest boys are or were already invested or already resident or stipulated in the will or agreed by the majority shareholder, or any mechanism for removing common in the case of a dispute following the death of specific duration for the installation of a new property effectively and properly. , Or other solutions can be presented by the scientists and experts ... . The system ensures the continuation of distributive justice, which will Shara, and guarantee-at the same time - the continuity of the king and not eat and lose and the absence of effective action and the rights of the adult.
Translated version of http://foratnews.com/paper.asp?ID=2819
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11-06-2007, 05:43 AM #149
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Will the division of wealth to partition Iraq?
Adnan Al-Salihi
6/11/2007 8:38:34 AM
At a time when the situation of the Iraqi people from poverty, unemployment and the deterioration of services of all kinds, tend attention to the people's representatives in Parliament and the government to adopt appropriate resolutions that would take
However, society and the advancement of the situation deteriorate to progress and prosperity. Since all the conditions experienced by Iraq, which witnessed the Iraqi arena is an exceptional situation and unnatural to be careful reflection and decision-making particularly crucial and shed light and find out the truth and the dimensions of those decisions.
As long as oil wealth in Iraq is its main asset, which hopes the Iraqi citizen depend on the economy, we must not alienate those of wealth and study everything that would respect the thorough, careful, and so we had to study on this project with some precision and out of concern for the public good.
It is through reading the draft law approved by the current Iraqi government, which is hoped to introduce to the House for a vote, noted the following : -
First : in legal terms :
1-follower of this law considers that the draft law had been drafted in English, and noted that there was a difference in the translation into Arabic, which begs the question, any texts adopted in the event of a disagreement between investing companies and oil and gas between the federal oil and gas, or a difference between political elites? It is the body that will be invoked?
2-what is stated in paragraph (17) of Article IV in the definition of the Iraqi person is the definition was heavily tinged with ambiguity The exploits of persons holding more than one nationality and therefore this person has used foreign nationality in the event of any forms with the government of the province or the federal government, to get rid of the legal consequences. (person-any Iraqi citizen who holds Iraqi nationality or any company or institution legal personality list and registered according to Iraqi legislation with a key position in Iraq, with more than 50% of the shares of capital owned by Iraqi citizens or by the institutions or public companies or special Iraqi.
3-what is stated in paragraph (23) of the previous article operator, it could cause a problem resulting from the conversion of the original contract to a series of contracts with companies that do not have high efficiency required as happened in Iraq reconstruction The legal problems that Giffen. (operator body designated by the competent authority in consultation with the owner of the right of exploration and production for oil operations on behalf of the latter.
4-what is stated in paragraph (24) of the same article, in the definition of maintaining productive believe it is unnecessary to determine the quantity of production that could lead to legal and political problems resulting from a lack of coverage of some provinces this definition capitalizing determine the quantity of production of oil. An example of this province of Dahuk and Sulaymaniyah. (Governorates less production of 150 thousand barrels per day). Preservation - producing any of the districts of the Republic of Iraq in which there is production of oil and gas in a sustainable and commercial rates not less than (150) thousand barrels / day.
5-what is stated in paragraph (29) of the same article, the definition of the carrier and this definition makes the government bears responsibility in the transfer of a product from oil alone without taking any responsibility on the companies. (carrier-designated by the Council of Ministers to take crude oil or gas from the owner of the right of exploration and production at the point of conversion and delivery of crude oil or natural gas for export the owner of the right exploration and production at the point of delivery.
6-Article V, paragraph (eleven) there is a clear flaw in the wording of this paragraph, the word for forbidden its members present, which proves that it is possible decision presence of three members, two of them voted in favor of the resolution, as well as Article X paragraph II. (Federal Council of oil and gas to develop an internally to organize work to take its two-thirds majority of members present in the development of the petroleum policies, plans, models and instructions to negotiate contracts and contracting.
7-Article X, Th. Thirdly, to approve the contract, the contract So it is effective unless it rejected during the vote (60) days and this would send a lot of contracts pretext months to the end of a decision rejected by the Federal Council of oil and gas, and this method into contracts to be inoperative in the Iraqi laws. (with the ministry or the Iraqi National Oil Company, or regional body to reluctance on the initial contract and the reasons for it during the sixty (60) days of receipt of the initial contract by the Federal Council of oil and gas, The initial contract will be considered approved in the absence of a decision from the Council after the period mentioned. In the case could not be a meeting of the Federal oil and gas during the sixty (60) days from receipt of the first contract, the Council must take a decision on the contract during the past five (45) days following session using various means of communication available, and the contract would take effect in the absence of a decision after the expiry of the period mentioned).
8-as stated in Article (39), on the settlement of disputes is supposed to be Iraqi law is the first reference must be resolved such disputes through the Iraqi justice between the contracting parties may not resort to the courts or arbitration committees outside Iraq. Therefore, we find that there is an imbalance in the paragraph w (1) of the above article, that the Iraqi justice system has jurisdiction on all public and private persons in addition to the adoption of the international conventions in this regard requires an endorsement of the State of Iraq to those conventions. Being an arbitration between the Republic of Iraq and foreign investors as follows :
1-systems arbitration proceedings to the International Chamber of Commerce in Paris, Geneva and Cairo for the settlement of disputes between States and Nationals of Other States, according to the settlement of disputes between States and Nationals of Other States, on the basis of Iraqi law).
Second : economic terms :
1-focused law in most aspects of the production without the need of refinement and interior of oil derivatives.
2-law did not take into account periods of time for the processing of oil tankers and delays that may result from the technical and political problems, which could lead to the cessation of production, which is expected to be obtained after the direct action, This causes the imposition of fines on the oil sector Takhireh paid to tankers anchored in the port of Basra, which amounted to one hundred million dollars as a result of stopping the tanker in some lines of production.
3-stated in paragraph (d) of article 14, where the State is obliged to compensate the investor for any loss, without specifying the type of loss, It must be a new formulation of this paragraph, taking into account the likelihood of the collapse of the oil market any circumstance emergency. (compensate affected parties for any loss or damage resulting from oil operations, as required by law).
4-paragraph (b) of Article 32 seemingly not subject to the investment law which provides for Iraqi failure compensate any of the period of time after the expiration of investment and the above paragraph violation of this law.
(All tasked to restore the site and the Wolf accompanying become due upon conversion with respect to any business and facilities are paid by the Iraqi National Oil Company, the owners of the other production licenses under the plan termination commissioning).
5-ratios set forth in paragraph (a) of Article (34) on the title royalty rates are low, This should provide for higher percentages of the above paragraph (paid the Iraqi National Oil Company and the holders of exploration and production licenses others royalty on oil produced from areas of development and production by 12.5% of the total production is calculated from the entrance lip link to the main entrance).
6-paragraph (a) of Article (35) Special keep records of substantial financial forms in which the state in a weak position compared to producing companies as the conversion net profits belonging to the investing companies out of Iraq is not in the direct interest of the Iraqi economy, where they are supposed to benefit the preservation of productive (in particular) of the profits in other projects contribute to the development (owners have the right to convert licenses net profits derived from the operations of oil out of Iraq after the payment of taxes due on them.
7-nothing in this remark is taken from a study of economists (1) Should the percentages in this equation will be lost material about Iraq ($ 18 million plus million barrels of crude oil per day) and the equation is :
((What is now producer of oil from the Iraqi oil production and expected after investment, the country will be the loss of approximately 32 billion, a quarter of a billion annually if the law remains as it stands, as follows :
- Iraq now produces about two million barrels per day.
- Average price per barrel of 55 dollars.
- Financial benefits per day of Iraqi oil 110 million dollars (daily).
- After application of the law of oil and gas is expected to increase production of Iraq in the period close to three million barrels (per day).
- Assume that the average price per barrel is still 55 dollars.
- Financial benefits in the day, 165 million dollars will be divided as follows :
- 12.5% royalty production, as the law provides the equivalent of 20.5 million dollars (twenty and a half million dollars) of this amount going to the Iraqi government.
- Cost of production of around 3 per barrel equivalent of nine million dollars going this amount production companies.
- The amount remaining in the limits of 135.5 million dollars (one hundred and thirty-five and a half million dollars).
- This amount is 2 between the Iraqi government and the company involved in production 67.750 million (Sixty-seven and three quarters million), the share of each party.
The macro-financial benefits to the Iraqi government is collecting royalties production with half the profits to get the 88.250 million (Eighty-eight and a quarter million).
Conclusion
- When national Bemlakath Iraq produces 2 million barrels a financial return 110 million dollars by imposing average price of 55 dollars a barrel.
- When Iraq produces three million barrels per day by helping companies, as set forth in the draft law of oil and gas declining financial benefits to the Iraqi government to about 88 million dollars per day.
Third : the political point :
1-through reading history note that the most important decisions taken in serious and critical times and the extraordinary life of peoples, which would negatively affect their lives if taken in a hurry, On this basis we believe to be a very high accuracy in decision-making in this period they would be binding for future periods may require a lot of difficulties to avoid mistakes.
2 - The political positions of the different political blocs in the parliament, which shows similarities complete loss of confidence between the components may make this law as it stood at the current time is a time bomb which may explode at any moment, the community where the first oil target. where could turn any problem between the two rival political camps in the door of investment to the battle raging on the geographical oil wells.
3-believe, as we understand the reality that making historical long-term should not be used in exceptional circumstances and the urgency of time and circumstance and the presence of the occupation, which makes the occupier fingerprints clear in passing the law.
4-believe that the solid Earth, which must be established by law is the credibility and good faith, with most parties, and mutual confidence and almost lost between the political blocs.
5 - There are some paragraphs including law, which are almost unanimously persecution of many of the communities where it is one of the paragraphs in the law to the formation of the Federal Council of the basic components of the Iraqi people, and the clear marginalization of minorities to the rest of the people, anchors of sectarian clear.
6-speed in decision-making and pass this way without definition by showing their clear imprint to the pressure the IMF and the generals oil in this area.
7 - There are many ambiguities on the issue of economic advisers, and what identity! This facilitates the entry of many lovers positions and the position and therefore requires exploitation and leads to involve political and professional work.
8 - lack of understanding of district councils to the administrative and legal powers, may create traffic intersection in the center to work with the government and perhaps into conflict in some provinces controlled by some parties control almost to the emergence of hot spots threatening to erupt at any moment.
9-may be with the state or the government is now addressing the idea of trying out their control in the above-quoted in the use of military force, and the solution is here in the worst way (militarily), and we have thus wasted lives and money before the battle could be avoided drafting laws binding possesses the duties and rights guarantees. We diagnose those observations on oil and gas law to be voted on in the National Assembly, we welcome any decision that the purpose of the supreme interest of the country, and our goal of diagnosing those gaps only for the purpose of processing and upgrading so as not to leave the area to forsake human Iraqi citizen.
As if the law was applied correctly and in good faith, to work hard, we believe in the near future, significant achievements at the economic level, which will cast a shadow on other levels.
1-d. Riyad Gharib (reading the eyes of Iraqi oil).
Translated version of http://foratnews.com/paper.asp?ID=2819
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11-06-2007, 07:05 AM #150
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Talabani and Barzani Kurds told create new emergency and Kroger Bush in Baghdad to monitor the work of government Maliki
Added news on 11-6-2007, 9:34
Talabani and Barzani Kurds told create new emergency
Kroger Bush in Baghdad to monitor the work of government Maliki
11/06/2007
Baghdad-Quds Al-Arabi : in a statement issued yesterday from the meeting of political offices of the Democratic Union of Kurdistan, led by Jalal Talabani and the Kurdistan Democratic Party led by Barzani held resort of Salah Eddin yesterday Kurdish leaders stressed their determination to address in order to foil any conspiracy against Iraq and Federal Rule (140) and the budget and the forces of the Kurdistan s controversial points remain unresolved with the central government in Baghdad. They stressed the need to prepare for the possibility of any new emergency in a reference to what appears to relations with Turkey and Kurdish leaders rejected the conditions for dialogue which calls Kurds to address military Ho Turkish PKK, which is based in Iraqi Kurdistan regions rules moved against the Turkish authorities.
This A statement of the Joint Chiefs of Staff of the Turkish Army's armed forces to fight terrorism. He pointed out that the Turkish armed forces have the right of reply, and in the manner it deems appropriate, the PKK fighters. Official Iraqi source said yesterday that Ouselvan Kroger American President George Bush to Iraq will arrive in Baghdad at a later time to monitor the work of government and work with them and with the rest of the political leaders to accomplish heated files demanded by the American administration to ensure the success of its strategy in Iraq.
He pointed out that Ouselvan will assist in the four key issues concerning the distribution of oil wealth and reconsidering the law abolishing the Baath and amending the Constitution, in addition to achieving a comprehensive national reconciliation and the completion of elections of local councils of the governorates. He pointed out that Ouselvan maintains good relations with most of the current Iraqi politicians through its assistance to Bremer during his administration of Iraq for the period from April 9 (April) in 2003 when it was the toppling of former President Saddam Hussein and even handing over sovereignty to the Iraqis on the 30th of June (June) 2004.
He pointed out that these politicians closest to it is the Iraqi Vice President and leader of the Supreme Council of Islamic Iraq Adel Abdul Mahdi accused by one of the most prominent Iraqi capacity to assume the presidency of the government...He said that Megan Ouselvan had suffered in October (October) in 2003 to the danger of death when the hotel was inhabited in Baghdad for a missile strike ....And when she found the door to her room closed escaped from the nets cattle on the brink of a narrow and dangerous located on the 10th floor and then took to the street ..Officers then moved next to one of deficiencies in the Green Zone. Earlier, Bush warmly praised the capabilities which will be charged Ouselvan title of the presidential pointing out that it would go to Iraq to work with Ambassador Ryan Krokrali follow-up and implementation of the steps agreed to by the White House and Congress to be applied in Iraq. And Bush had last week signed the law that looms possible withdrawal of American forces from Iraq if the Iraqi government failed to achieve progress in the area of political and security reforms. On the other hand, the Kurdistan Alliance MP Mahmoud Othman said that the parliament was busy in the assault guards, House Speaker Mahmoud Almchidani the deputy united Iraqi coalition Fried Mohammed since been insulted him and blow by them as saying.
He added : There are witnesses that the House therefore studied this issue in a closed meeting today (yesterday) and has been convicted as the Attorney is the representative of the Iraqi people and has immunity.
He explained : there were suggestions of parliamentary blocs rule that gives room for Accord Front to change its candidate for the presidency of the parliament as such share as synergies.
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