Thread: Archive - Latest News Think Tank - 15/01/09 - 04/05/09

Streamline procedures for granting of ration card of the competencies of returning to Iraq

The Department of Supply and Planning, Ministry of Commerce that it had directed all branches of supply throughout the country the need to facilitate a transaction efficiencies returning to the homeland.

An official source in the Chamber Reporter that the action was in support of the government and the implementation of the directives of the General Secretariat of the Council of Ministers to facilitate the need to drain all the proceedings before returning to the homeland after the improvement of security in the country.

The source added that all citizens, government departments and NGOs related to the need to report cases of deaths and travel outside the country for the purpose of removing from the ration card in accordance with the regulations and instructions in order to save public funds and to reduce the manipulation of which could happen in this regard and the need for follow-up field by the branches and agents to supply materials Food and flour in order to ensure the arrival of the items of the ration card to the citizen to the fullest picture And Booqatha identified.

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Deputy Karim Mohsen: from flawed Attefi that the Arab states on the Iraq debt

Deputy Karim Mohsen on the mass of non-virtue Optimistic of the outcome of the Arab Summit held in Doha.

The Optimizer In a statement to the reporter that "the summits held in many Arab countries, but unfortunately did not result in anything, and that Iraq was just a courtesy, and peaks form."

With regard to the possibility that some Arab states quenched debt owed by Iraq, said Mohsen "Unfortunately, the summit held in Kuwait and the economic summit, which was not quenched their debts, and called for Arab states to follow the lead of European countries and Asian countries, which extinguished the debt of Iraq."

He pointed out that "the defect that quenched from friendly countries and European debt from Iraq, while Arab brothers is a negative attitude of the Iraqi debt."

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Commerce Minister: We called for the Doha Conference in the States for investment research firms in Iraq

The Minister of Trade Abd al-Falah Sudan, Wednesday, Iraq demanded that Arab countries in the Arab Summit Conference held in Doha, urged Arab companies need to invest in Iraq by large-scale projects or the participation of the Iraqi private sector.

A statement of the Ministry of Commerce and received the agency (Voices of Iraq) a copy of which was Wednesday, the Sudanese minister said that Iraq had "asked the Arabs of the Arab Summit Conference held in Doha, urged Arab companies need to invest in Iraq by a large investment projects or sector participation Iraqi private, "he said.

The Arab summit was held Monday, the twenty-first past (3-30) in Doha, the participation of Prime Minister Nuri al-Maliki, in which a reservation to the summit's final statement said that "tells the fact that has been made in Iraq, but pointed to the developments of democracy and the security checks that have taken place," stating that " This paragraph suggests that it does not recognize what has been achieved in Iraq, "Annan said.

The Sudanese, who attended the meetings of the Economic and Social Council and the meetings of the Arab summit that the Board "discussed many paragraphs on investments and the freedom of the Arab atmosphere" in addition to the "private sector support through the provision of material support to small and middle enterprises in order to assist them and overcome the effects of the financial crisis which had caused problems in many sectors Finance, trade and economy."

He said he met with his Arab counterparts and from different countries and asked them to urge the Arab companies that invest in the remotest corners of the world to start in investing in Iraq after the "stabilization of the security situation and the issuance of the investment law approved by the Iraqi parliament."

The Sudanese, according to the statement, that "There are proposals for changes on the investment law in order to help the Arab and foreign investors for large-scale projects in various parts of Iraq, which has been militarily and politically stable and economically."

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The Presidency of the House of Representatives remains for us, and is resolved soon

The deputy said the Accordance Front, said the choice of Rashid al-Azzawi, head of the House of Representatives will be deducted beginning the first week of the next legislative term.

He told al-Azzawi said the choice of the speaker will either agree to accept the MP Iyad al-Samarrai, head, or to resort to a vote again.

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Rehabilitation of four oil wells in southern Iraq

A source in the Maysan Oil Company that the size of the technical and engineering in the company was able to detect and drilling 4 wells and the rehabilitation of the eastern oil city of Amarah.

The source told him that the technical and engineering cadres in the Maysan Oil Company was able to complete the drilling of 18 wells west of Abu and the rehabilitation of 16 wells in the west of the Abu Abu Gharb field east of Amara.

The professional staff was able to make further disclosure on the other two wells in the oil field east of Amarah Fakkah two Fakkah Fakkah 17 and 18 in preparation for Astslahama Hfarhma and in the future.

A bumper four wells that have not invested by the size of the Iraqi fields as is common on the border with Iran.

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Former oil Minister of the NOAA: There is a clear improvement in the revenues of Iraqi families

Said a former oil minister that there is improvement in the revenues the Iraqi family in a clear, but for this improvement there is a kind of inflation in the Iraqi economy since 2005 until today.

And Ibrahim Bahr al-Ulum said in a statement with regard to the (Radio NOAA) said the inflation has dwindled by 15%, according to statistics by the Central Bank of Iraq Adllagha.

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Canceling contracts with Kurdistan Government enables firms to make future bids

The Iraqi minister of oil on Thursday said that the termination of oil contracts with the Kurdistan Regional Government (KRG) will enable companies to bid for future contracts in Iraq.

“Minister Hussein al-Shahrestani received the Korean ambassador to Iraq, Ha Taeen, and discussed with him means of boosting bilateral relations,” according to a ministerial statement received by Aswat al-Iraq news agency.

“The conclusion of such contracts violates the Iraqi constitution and law,” the minister explained.

“That was why two Korean companies were deprived from bidding for future contracts. It they cancel their contracts (with the region), they will be allowed to make bids in the next stage,” the minister added.

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Demand for the dollar drops to $140m

Demand for the dollar fell in the Central Bank of Iraq’s (CBI) auction on Thursday, reaching $140,017 million compared to $197.205 million in the previous session.

“The demand hit $23.690 million in cash, covered by the bank at an exchange rate of 1,176 Iraqi dinars, and $116.327 million in foreign transfers outside the country, covered by the bank at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 15 banks that participated in today’s session offered to sell dollars.

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Al-Maliki to visit Russia, France, Britain this month - MP

Prime Minister Nouri al-Maliki will head for Russia, France and Britain this month in a tour aims to discuss Iraq’s investment and economic issues, a member of the Unified Iraqi Alliance (UIA) said on Thursday.

“The premier will visit Russia in mid-April to discuss different economic and investment issues and the Russian companies’ investments in the Iraqi oil field,” Sami al-Askari told Aswat al-Iraq news agency.

“The second round will be late April and will be in France in response to an invitation from President Nicola Sarkozy,” he added.

“The prime minister will then make for Britain to attend a conference on the investment in Iraq and will be accompanies by a delegation from the investment commission,” the lawmaker said.

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Three Russian firms to invest in Iraq

Three Russian firms have joined a growing list of oil companies committed to investment and planning expansion in the Iraqi oil and gas market.

“The list is comprised of 39 oil companies from all over the world,” according to an Oil Ministry statement that was received by Aswat al-Iraq news agency.

The list has been thoroughly checked before contracts are concluded, the statement added.

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