Thread: Archive Latest News - Dinar Think Tank - 27/08/08 - 15/01/09

Ministries & organizations are preparing to participate in the electricity sector private investment

Ministry of Electricity announced that a large number of ministries, organizations and investment companies operating in Iraq will participate in the global investment in the electricity sector to be held in the Jordanian capital, the end of this month.

An official source at the ministry told the independent press (Entcha) today, Sunday, the conference will be held in cooperation with the United Nations Development Program (undp) and the World Bank (WB), a global conference on investment in the electricity sector.

He will participate in the global investment companies, international organizations and chambers of commerce in some countries, and participate from within Iraq and visited the oil, finance, planning and development cooperation, the National Authority for Investment, Ministry of Electricity in the province of Kurdistan and representatives of investment in the provinces, will also invite investment companies operating In Iraq.

The source continued that the conference aims to offer investment policy in the electricity sector in Iraq and its future, as well as review investment opportunities to attract international investment companies to start projects in power plants.

And it is hoped that the results of the positive impact in the near future to invest in the electricity sector by experts and tuned.

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Finance Minister calls for international companies to invest in Iraq

Called on Finance Minister Bayan Jabr international companies to invest in Iraq.

He said Zubaidi, told the independent press (Iba) today, Sunday,: "We welcome all Arab and Islamic companies and European and U.S., and has been during my visits to America's call for the U.S. private sector to contribute to the reconstruction of Iraq, either through investment budget or through investment.

He continued: We welcome American companies to help the Iraqis to invest because DJI had the capacity and high technology that could be used.

Zubaidi said: that the Iraqi government has already signed a contract with aircraft maker Boynk b (5) billion dollars, Minister of Electricity signed an agreement with GE to import generators at (7) billion dollars.

With regard to the U.S. government said the new Minister of Finance: Obama raised a lot of perceptions and the title was the first change is certainly reflected on United States policy in Iraq and wait for the next months to know what the policy and nature, and we will deal with in the new policy.

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Proposed budget for 2009 hits $70.5b – Dabbagh

The Iraqi cabinet discussed in its 8th extraordinary session the proposed federal state budget for the year 2009, which will hit $70.5 billion, according to the Iraqi government’s official spokesman Ali al-Dabbagh.

“The 2009 budget came in light of the economic developments, the global financial turmoil and the decline in oil prices,” Dabbagh was quoted in a statement by his office as received by Aswat al-Iraq.

“The finance ministry has submitted a draft budget, which includes an operational aspect of $55.3 billion and an investment aspect of $15.2 billion,” he said.

Iraqi Finance Minister Baqer Jabr Soulagh, during an Iraqi-U.S. economic conference held on Saturday in Baghdad, had said that Iraq’s budget for 2009 will hit $67 billion in light of the current oil prices and the agreements reached with the International Monetary Fund (IMF).

The statement quoted Dabbagh as saying that the budget revenues were calculated on the basis of crude oil sale price of $62.5 per barrel, estimated at a total sum of $54.4 billion with a deficit of more than $16 billion.

Proposed budget for 2009 hits $70.5b ? Dabbagh : Aswat Al Iraq

Lower dollar demand in daily auction

Demand for the dollar went down at the Central Bank of Iraq (CBI) auction today, registering $91.950 million, compared to $124.520 million in the previous session.

The demand hit $63.090 million in cash, covered by the bank at an exchange rate of 1,181 Iraqi dinars and $28.500 million in foreign transfers outside the country covered by the bank at an exchange rate of 1,178 Iraqi dinars per dollar.

None of the 11 banks that participated in today’s sessions offered to sell dollars.

The Central Bank of Iraq runs a daily auction from Sunday to Thursday.

Lower dollar demand in daily auction : Aswat Al Iraq

Assad: Convention security to Iraq's transition to strike a neighborly

Syrian President Bashar al-Assad on Sunday, the Security Agreement to be signed between Baghdad and Washington aimed to turn Iraq into a "beaten" neighboring countries.

The Syrian news agency SANA quoted Assad in his speech during the opening of the second regular session of the Interim Arab Parliament in Damascus that "Security Agreement (between Baghdad and Washington) aims to turn Iraq into a base to attack neighboring instead be the basis for them," noting that stabilizing Iraq "But there will be no end to foreign occupation."

The two sides are negotiating the Iraqi and U.S. currently on a long-term security agreement between them define the legal nature of the U.S. military presence on Iraqi soil after the end of this year, as will international mandate given to the U.S. military in Iraq.

Assad added that the recent American military strike Syrian territory indicates that the presence of U.S. forces in Iraq is "an ongoing threat to the neighboring countries of Iraq and a destabilizing factor for the region."

The U.S. military helicopters raided the end of the month of October last October Albuqmal area near the Syrian border with Iraq, killing eight people, and justified the U.S. forces that motivated the raid was targeting a senior al-Qaeda is the introduction of foreign militants into Iraq after " Failed "Syria to take measures against him, in Damascus, described the raid as" terrorist attack ", threatening to retaliate in the event of recurrence.

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Trade Minister: we seek to reform the Iraqi economy and the issuance of laws and legislation keep pace with the process of change and the development of the world

National Committee discussed Iraq's accession to the WTO a number of topics and files designed to facilitate the entry of Iraq as a member of the organization, which includes more than 153 Member States.

The Committee reviewed the achievements and activities for two years, which represents the negotiations that took place in Washington and Geneva and the answers presented by the ministries concerned to questions from the member states and related laws and legislation in addition to the files related to agriculture, health and Asahpallenbatip addition to the Portfolio of commercial aspects of intellectual property rights as well as offers of goods And offers services in trade in goods and trade in services offers.

And Dr. Abdul Falah Hassan, Sudanese Minister of Trade and the government department in charge of negotiations with the World Trade Organization round of negotiations resulted in the first and second document on the review of Iraq policy and foreign trade as well as a detailed review answers questions submitted by some member states as well as the signing of the stage reached by Iraq Through the completion of some of the files required in the process of accession.

He told a news briefing today, Sunday,: "The Committee concluded prepare answers to the questions submitted and will soon be sending as well as completed a number of ministries to prepare law, especially with regard to customs tariff in accordance with the Harmonized System was presented to the State Consultative Council, in addition to the Ministry of Commerce to meetings with the Ministry In coordination with the concerned draft trade, which resulted in a schedule of meetings resulted in the bi-monthly agenda of assessments for the file on agriculture in addition to meetings and meetings with the Ministry of Health, Agriculture and Trade Project to complete the file of sanitary and phytosanitary and technical barriers to trade.

Adding that the goal of Iraq's accession to the World Trade Organization not to impose restrictions on the movement of trade and economy but to develop the Iraqi economy and training to keep pace with the global economy which has seen major developments and this requires a greater role of the National Committee to carry out training courses and information campaigns designed to clarify the truth to our people without any ambiguity and to listen to The opinions of specialists and discuss and take advantage of them in the best negotiating team

He noted that the Sudanese achieved over two years requires more effort especially in the field of interpretation of laws and referred to the House of Representatives for final approval in addition to the importance of the principle of transparency and display all the details to the people through the development of Web sites where the nature of the ministries to facilitate the task of Iraq's WTO membership World.

Said Dr. full of Albulada member of the House of Representatives to inform the members of the House Committee of its own efforts contribute to addressing many of the obstacles they relate in laws and regulations add to the importance of access to the records of the activities of the Committee in order to assist and facilitate its mission, which may be the focus of objection is required in certain points The clarification and transparency of the presentation of facts to inform the citizen is real.

She pointed out the importance of developing and changing laws that are still central in the work of the State and for overthrowing the regime through transparent laws associated with global laws so that Iraq can keep up with what is happening the world of economic development is enormous.

The Committee discussed the issues highlighted in the current reality to the stage of Iraq's accession to the World Trade Organization and the achievements add to the discussion of the proposed budget for the work of the National Committee on Accession to add the position of questions from the member states and answers from the concerned ministries and members of the National Committee and the preparation of the draft plan of the laws Joint relevant WTO agreements and the official translation of legislation and laws.

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Maliki calls to rewrite the constitution to ensure a strong Government Center

Prime Minister Nuri al-Maliki, to rewrite the constitution to ensure substantive powers of the central government building on a national basis. Maliki said in a speech in a seminar on "exclusive authority and powers involved in the terms of reference

Federal authority ", set up by the elites and competencies in Baghdad yesterday: that the Constitution" probably written in a climate where fears ... But we went away to devote concerns and devote aspirations. " And focused in his speech at the conference attended by Deputy Prime Minister Barham Salih, Chairman of the Committee on constitutional amendments Humam Hammoudi, as well as the representative of the Office of the Secretary-General of the United Nations in Baghdad, the process of reviewing the constitution, saying: "we need to review and after we have established the State And protection from collapse, is that we are moving today to build on the basis of national constitutional and clearly defined features and powers, "he said." We must ensure that we not be decentralization is the dictatorship once again feared to be confiscated by the federal state. "

Maliki said "he found a lot of wrong practices by local governments in the region and the provinces due to the blurring caused by the constitutional legislation," saying that the Constitution placed in special circumstances and in line has been decided to make amendments to some points that are still awaiting the cause of a legal vacuum in some episodes Applied ".

He said: that Iraq is multi-confessional and nationalities is not "vulnerable" and should take this point as a force in the cohesion of all parties in building a multi-federal unified Iraq, pointing out that the powers of the federal government is determined to shoulder the responsibility of the sovereignty and the protection of citizens and foreign and security policy, loans and contracts with States and water and otherwise be the prerogative of local governments.

He called on the prime minister of civil society organizations and media organizations to adopt a federal deployment of concepts that do not mean fragmentation, but to strengthen internal unity in the framework of a unified Iraq and provide an opportunity for governments to decentralize as these concepts mature and take responsibility jointly. He called for out of the system of quotas and the consensus it has followed the political process in the country

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The Egyptian government decided to send the Egyptian companies to Iraq

The Egyptian government announced that it had decided to send the Egyptian companies working in particular in the sectors of oil and natural gas for work in Iraq after being taken sufficient guarantees from the Iraqi side to ensure the protection of representatives of such companies.

The ambassador said presidential spokesman Suleiman Awad told a news briefing after meeting President Mubarak with the Parliamentary Body of the National Democratic Party, pointed out that these remarks came in response to queries from members on the situation in Iraq. He added that Mubarak expressed the hope to return stability and security to prevail in Iraq and that all good His sons

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U.S. official confirms signing of the agreement before the end of President Bush

The Ambassador to the U.S. embassy in Baghdad Adam Ereli that the signing of the Convention will be security with Iraq before the U.S. president recognizes the new Barack Obama office.

Ereli said in a radio interview that it will not impose on Iraq concluded, adding that this Convention is for Iraq, America and the region, but Iraqis will decide acceptance or rejection of the convention.

Ereli denied any accusations directed to the American side about the possibility of that Convention to be an excuse to attack neighboring countries.

He pointed out that the Convention only allows operations inside Iraq with the consent of the Iraqi government a clear and precise in the Convention.

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Aboudi, denies giving any date for Provincial Elections

Prime constituency in the Office of the Independent Elections Qasim bonded to the provincial elections has not yet been officially determined.

Aboudi said in a newspaper interview, published today, Monday, the election date stipulated in the Law on Elections to the provinces, UNHCR said the specific operations set the agenda and timing of time.

Said they are committed to the deadline, but in any case inform the Prime Minister of the Declaration and the power to set the date of elections 60 days before the deadline, adding that the prime minister did not announce it because it was still early and there are more than 80 days remaining on the conduct of the elections.

He stressed that UNHCR bonded early next month will begin checking the documents of candidates, printing and paper voter addition to launching the electoral campaign.

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