Thread: Archive News - Iraqi Dinar Think Tank - 06/05/09 - 04/09/09

Turkish, Iraqi cabinets to have historic meeting in autumn

The Turkish Foreign Ministry in Ankara was the venue on Tuesday for a significant meeting of certain members of the Cabinet which aimed to lay the groundwork for the first joint meeting of the Iraqi and Turkish cabinets, expected to be held in the Iraqi capital in the coming months.

Foreign Minister Ahmet Davutoğlu already announced on Monday that the Turkish and Iraqi cabinets will convene together soon under the leadership of both prime ministers, Recep Tayyip Erdoğan and Nouri al-Maliki, as a sign of an increased engagement between the two neighboring countries.

In addition to Davutoğlu, State Minister Zafer Çağlayan, Interior Minister Beşir Atalay, Energy Minister Taner Yıldız, Transportation Minister Binali Yıldırım, Public Works and Housing Minister Mustafa Demir, Health Minister Recep Akdağ and Environment and Forestry Minister Veysel Eroğlu participated in the meeting which was held as “a preparatory meeting” for the upcoming joint meeting of the cabinets, called the High-Level Strategic Cooperation Council.

In brief remarks following the meeting, Davutoğlu told reporters that his expected visit to Baghdad will take place in August. Prime Minister Recep Tayyip Erdoğan will also visit Baghdad in the upcoming months, probably in October, and the meeting of the High-Level Strategic Cooperation Council will take place in Baghdad during Erdoğan's visit, he added.

The foreign minister stated that Turkey wishes to improve the cooperation between Turkey and Iraq which is supported by various mechanisms to offer a model for regional countries as well. A shadow cast over bilateral relations between Iraq and Turkey due to the presence of the outlawed Kurdistan Workers' Party (PKK) in northern Iraq gradually dispersed in 2008, while Turkey also improved its relations with the regional Kurdish administration in northern Iraq following a long hiatus after the US invasion of Iraq.

Apparently having overcome the extremely negative effect of the PKK in their bilateral relationship, the two neighboring countries are now getting ready to engage in a full-fledged cooperation which will enable bureaucrats from different ministries in both countries to keep in constant contact in order to focus on issues at a bilateral level and furthering relations in many fields. If it takes place, Erdoğan's future visit to Baghdad will be his second official visit to the city in almost a year.

Seeds of multidimensional bilateral cooperation between Ankara and Baghdad were actually sown during Erdoğan's July 2008 visit. Then, Erdoğan and his counterpart, Maliki, signed a strategic partnership agreement committing Turkey and Iraq to cooperation in the fields of politics, economy, energy, water, culture and security. While outlining the formation of the High-Level Strategic Cooperation Council, the agreement also called for respect for each other's territories. It signaled the two countries' commitment to “supporting the joint efforts of Iraq and Turkey to prevent the transit of terrorists and illegal arms to and from Iraq and emphasizing the importance of strengthening cooperation between Iraq and Turkey to control their common borders and prevent all kinds of illicit trafficking.”

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Adnan Mufti meets with delegation of UNAMI in Iraq

At his private office in the parliament and on July 22, Adnan Mufti, Speaker of Kurdistan Region Parliament, received a delegation of UNAMI in Iraq led by Madam Berjita Holist al-Hani, the head of political and constitutional department in UNAMI and the Advisor of UNAMI Envoy in Iraq.

During a meeting, they exchanged views on several issues including Kirkuk condition, the disputable areas, Article 140 implementation and coexistence among all constituents in the city.

The latest political developments in Iraq and Kurditan Region as well as preparations for the coming elections of Kurdistan Region were also discussing in the meeting.

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The United Nations in connection with a request to the Security Council to lift sanctions on Iraq
Zebari: the country out of the U.S. commitment to the seventh item

The Secretary-General of the United Nations a full report to the UN Security Council members include an express request to end the international sanctions imposed on Iraq, according to informed sources at the United Nations, Egyptian Foreign Minister Hoshyar Zebari of the New York-drive Iraq out of Chapter VII, "the U.S. commitment."

These developments come at a time when the plans to the UN Security Council on a review of international sanctions imposed on Iraq since 1991, when he arrived at the Kuwaiti Foreign Minister Mohammad Sabah Al-Salem Al-Sabah to New York to ask the Security Council to keep Iraq under Chapter VII and its continuity in the payment of compensation through the deduction of five per cent of oil revenues. The Secretary-General of the United Nations Ban Ki-moon, a full report to members of the Council to explain the nature of developments in Iraq, especially after the fall of Alambad and actions to be taken to help Iraq get out of the money in the Chapter VII of the Charter of the United Nations. Informed sources also hinted at the United Nations Secretary-General to ensure that the forthcoming report, an explicit request to end the sanctions imposed on Iraq after the whole of meeting its obligations. The delegation of Iraq is still under way to meetings in New York with a number of members of the Security Council to clarify the vision of Iraq in this regard. He said Foreign Minister Hoshyar Zebari said Iraq out of Chapter VII of the U.S. commitment, the fact that Baghdad has signed a security agreement with Washington governing the presence of U.S. forces in Iraq on the basis of a common understanding that the United States will help Iraq out of Chapter VII. Zebari and his accompanying delegation arrived in New York at the beginning of last week to participate in a review of Security Council resolutions imposed on Iraq under Chapter VII and in accordance with resolution 1859 adopted by the Security Council later in the year 2008.

He told reporters in Washington: that Iraq will regain its full sovereignty and independence from the disposal of the international resolutions of which 73 have been taken under Chapter VII of the Charter of the United Nations.

Zebari said that Iraq was paying billions of dollars because of UN sanctions imposed after it invaded Kuwait in 1990 and the war that followed.

He said he held extensive discussions in New York with the members of the Security Council on sanctions, expressing his belief that the outcome will be positive.

He added, "We felt a great deal of goodwill, and it is time for Iraq to get rid of all these restrictions, and the restoration of their international status and position as a natural.

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Soft Loans

Most public companies and mixed enterprises and the private sector from a severe lack of liquidity of the financial needs in order to secure raw materials for its work and the modernization of its infrastructure and the introduction of modern production lines in its work. A lot of officials in these sectors will instruct the question of production to find the lack of financial capacity, especially that they have been stopped for the last period

To work and to freeze their funds have been hit by the laboratories and factories. Tied to those involved in the production of most public companies, and hybrid plants between the private sector, weak financial capacity and the requirements needed in this framework in order to be able to return to normal production, pointing to the need for import controls and to take steps effective protection of the domestic product was uncovered after the Iraqi market before the waves of the goods without what is happening in the countries of the world, or rather the economic measures known at all times and places. Because of the reduction of government support by the financial crisis and low oil prices and the faltering steps of global foreign investment over the past years, despite all the calls and procedures that have been taken in order to use foreign capital to be the trend locally in order to cover at least part of the financial requirements of those companies and activating the work and not to wait too long for reasons known to economists and others ..

The philosophy of this trend is to move the banking sector and take him out of the tradition of the previous work did not help to open up the required secure soft loans to the productive sectors that suffer from this sense of lack of domestic investment banks, which has frozen over the past years due to mechanisms related to traditional lending, including non-traditional non-linked high turnover in the banks, which play to the level of the banking in the world. These two factors are added to other factors related to fear and the decline in capital to banks and others was one of the problems faced by the domestic investment a few years ago and open the files offered by the productive sectors and the promotion did not yield a result What makes this task to the development of Iraqi banks, including the civil and governmental sectors in order to move and take the real role of banks because most of the countries of the world depends entirely on the banks in their move, whether at the level of requirements large or small. a role that is expected to unlock lending in front of the facilitator and the benefits of simple and the adoption of security mechanisms in accordance with the project.

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The first steps Maliki begins the liberation of Iraq from international restrictions

And enhancing the prospects of cooperation with Washington, the most prominent themes of his meeting with President Obama New York and Washington, the morning

Launched by Prime Minister Nuri al-Maliki visit to the United States to meet with UN Secretary-General and a number of its members, within the tireless pursuit of the government to lift the international sanctions imposed on the country because of the policies of the regime Alambad. And come to meet with Maliki, coinciding with the upcoming Security Council meeting to review the sanctions imposed on Iraq since the year 1991

Which it intends to UN Secretary-General Ban Ki-moon to submit his report on the nature of developments in Iraq, and actions to be taken to help him get out of the money in the Chapter VII of the Charter of the United Nations. According to a senior source in the delegation told the beginning of "morning" by telephone from New York Prime Minister met with UN Secretary-General Ban Ki-moon at UN headquarters, with debate focused on the topic of Iraq out of Chapter VII, in addition to the continuous improvement in the circumstances of and the need for reflection on the nature of its relationship with the international community, and the importance of mobilizing international support and backing required to ensure the liberation of Iraq from the limitations and consequences of the past decades, and ensure the success of the new democratic political experience.

Maliki arrived in the United States at the head of a high-level delegation on an official visit is his first since the inception of the security agreement and the withdrawal of U.S. forces from Iraqi cities. He described his talks with Maliki Ki-moon and the number of permanent members of the Security Council that it will yield positive results, particularly with regard to the lifting of restrictions imposed international sanctions on the country. The prime minister discussed with U.S. President ways to activate the strategic framework agreement and the mechanism for the development of relations between the two countries.

Maliki said in a joint press conference held yesterday evening at the White House with President Obama, said the meeting was positive and expressed his deep desire to establish a strategic friendship between the two countries. For his part, Obama reiterated his country's commitment to the implementation of two agreements signed late last year, adding that U.S. forces will develop capabilities of Iraqi forces in preparation for the withdrawal end of 2011, denying his country's desire to establish permanent military bases in Iraq.

He stressed his country's quest to push forward the national reconciliation and the strengthening of efforts to promote the services and the economy, the judiciary, education and culture, the implementation of the strategic framework agreement.

Informed sources in the international organization in a press statement hinted that the forthcoming report will ensure an explicit request to end the sanctions imposed on Iraq after the whole of meeting its obligations. For his part, said Foreign Minister Hoshyar Zebari said the country out of the U.S. commitment to Chapter VII, the fact that Baghdad has signed a security agreement with Washington governing the presence of U.S. forces in Iraq on the basis of common understanding to the United States will help Iraq out of Chapter VII. He said Zebari, who arrived in New York early last week to participate in the meeting to review decisions that Iraq will regain its full sovereignty and independence from the disposal of the international resolutions of which 73 have been taken under Chapter VII of the Charter of the United Nations.

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Iraqi Stock Exchange stick to its role in privatizing public sector companies

Director Commissioner of Iraqi Stock Exchange Market, Taha Ahmed Abdul Salam, demanded the Market to have an essential role in implementing privatization programs of public sector companies when Iraqi privatization law is issued.

He pointed out that the Iraqi Stock Exchange is keen to work continuously to raise financial and investment awareness provided by the draft of proposed law through continuous discussion of its articles, instructions, and rules.

Abdul Salam said that the Iraqi Market has a leading role in moving Iraqi economy forward; therefore, there are attempts to stimulate brokerage firms to open branches in regions, governorates, and in neighboring states in order to achieve the required expansion in the sector and attract investment to stock market.

Iraqi Central Bank denied making an investment portfolio in Iraqi Stock Exchange, and pointed out that the law deprives it from engaging in investment activities, and that its role is limited to ensuring the necessary stability to encourage investment. Adviser of the Central Bank, Madhar Mohamed Saleh, said that the Central contributes to the formation of a legal environment conducive to investment, and it is not entitled to make investment portfolio because making it is within the jurisdiction of the Ministry of Finance and part of the support programs to stimulate development in the public budget.

The general situation in Iraqi Stock Exchange is rather stable alongside anticipation of what would security and economic situation in the country be, in order to stimulate economy and investment.

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Prime Minister Nuri al-Maliki meets U.S. President at the White House
PRESS RELEASE

Wednesday, 22 / July / 2009

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Met Prime Minister Nuri al-Maliki at the White House today, U.S. President Barack Obama, in the presence of members of the Iraqi delegation and their counterparts from the U.S. side, and then after the meeting, held a bilateral meeting.


He said at the joint meeting: The implementation of an agreement to withdraw troops from Iraqi cities, successfully raised the admiration and should be the strategic framework agreement is the same level of success for the promotion of economic relations and trade, cultural, scientific, and Iraq, who has faced after the fall of the dictatorship of the real enemies of Al-Qaida and militias, as far as the rules of Alambad designed to establish a pluralistic constitutional state governed by federal law.


The Prime Minister said the greatest danger facing us is that attempts to sectarianism, which is the basis of the problems, but we will not allow the return of dictatorship, sectarianism and we are heading for a new phase of construction, reconstruction and stability after the security created by the national reconciliation and the unity of the Iraqi people.


The sovereignty: Some countries in the region fear the democratic experience in Iraq, but our experience is determined to finish strong and successful, and we are at the threshold of parliamentary elections that will complete the process of success achieved in the provincial elections, saying that Iraq was looking forward to a multi-partnership relations with the United States and support for the money out of the Chapter VII.

For his part, U.S. President: I am very pleased with what has been implemented in the third session of June, and the joint work we have done, and that proved the ability of Iraqi forces to assume responsibility, and we continue to support them in the field of processing and training, and cooperation between the two countries in the post-withdrawal to establish strategic relations between the two countries have sovereignty.


Obama said: What leads us to the present feeling is that the successes achieved in the eradication of terrorists and the strengthening of the democratic experiment in Iraq and encouraging political developments and security accomplished by the Iraqi government, which has proved to be a national government.


He concluded by saying the U.S. president: the partnership between the two countries is well under way and no matter how clear on the security side and must be developed in other aspects, and we continue to support the efforts of the Iraqi government and helping to drive Iraq out of Chapter VII, it is not true that Iraq and its people bear the burden of the former regime's policies, and that the international community to look to Iraq after the successes achieved as a nation worthy of respect, support, and support.


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Maliki and Obama call on the United Nations to lift sanctions on Iraq
Prime Minister of Iraq Nuri al-Maliki and his host, U.S. President Barack Obama, the permanent members of the UN Security Council to ease the financial sanctions imposed on Iraq after its invasion of Kuwait in 1990.

He said Maliki, who is visiting the United States that Iraq did not pose a threat to the international community and must be stopped for the payment of compensation to the current level. Iraq is still owed billions of Kuwait, which insists that Iraq must be paid in full.

Phase transition

He has arrived in the U.S. capital earlier on Wednesday for talks with President Barack Obama and members of his administration on a number of issues.

President Bush said in a joint news conference with Iraqi home in the White House on Wednesday that the United States is determined to complete the withdrawal of troops from Iraq in a timely manner by the end of 2011 despite the continuing violence in that country.

Obama said that the two countries, Iraq and the United States are in the "transition period" in relation to the U.S. presence in Iraq, address the common interests and mutual respect.

It is the first time he meets with the Obama-Maliki at the White House. The two leaders met in Baghdad in April last.

The president said the U.S. would withdraw from the U.S. "to send an unequivocal message that the United States is determined to fulfill their obligations to the Iraqi people."

He said the United States does not want to keep military bases in Iraq, did not want takeover of Iraq's natural resources of oil and more.

For his part, Maliki said he had discussed with President Obama "all possible means", which can in which the United States to cooperate with the Iraqi government.

He said Iraqi Prime Minister: "We are about to activate a strategic framework agreement to that effect."

Al-Maliki said Iraqi forces now have "high efficiency", as a result of the training and preparation, which was received at the hands of U.S. forces.

Inflamed sectarian

He also pledged to Iraqi Prime Minister to work towards easing sectarian tensions in his country.

He said in this regard: "The sons and daughters of Iraq will be equal", pledging that his government is working to put an end to the sharp divisions that afflict Iraqi society between the various components.

He said: "Iraq has suffered greatly as a result of marginalization, which was a result of sectarian politics and war. We will work hard to prevent the sectarian practices." He added that the new strategic partnership with the United States would help to achieve this goal.

The U.S. administration expressed concern about the possibility of increasing the level of violence in Iraq unless Maliki and his allies in the ruling Shi'ite Alliance, greater efforts to involve the Sunni minority in power.

The president said Obama, in this regard: "In general, we are satisfied with the progress made to date." But he added that this does not mean that the risks are still plaguing the situation in Iraq.

Penalties

On the subject of international sanctions, Iraq continues to suffer under it since the invasion of Kuwait in 1990, by the two leaders expressed their support for efforts to abolish the UN Security Council resolution forcing Iraq to pay 5 percent of its oil revenues to compensate for the Gulf War in 1991.

The president said Obama, in this regard: "It is wrong to compel Iraq to continue to bear the consequences of sins committed by a deposed dictator."

The BBC correspondent in Washington, John Dnison that the issue of lifting sanctions is one of the key issues that brought with him the Iraqi prime minister to Washington.

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House of Representatives heading towards simultaneous supplementary budget for the current year and budget year 2010

Go towards the House of Representatives simultaneously for the supplementary budget for the current year with the public budget in 2010 during the month of October next.

This coincides with a chapter near the end of the current legislative and the need for Parliament to discuss the supplementary budget by the specialized parliamentary committees.

The head of the follow-up to parliamentary deputy Jean-Iman al-Asadi, told a news briefing on Thursday that the parliament expected to arrive in the supplementary budget of the Council of Ministers formally, especially when the legislative term of no more than the end of one week, which requires the sending as soon as possible.

She explained that the supplementary budget needs time for discussion because it is expected to be postponed to the next legislative debate in September and approved in conjunction with the 2010 budget for the month of October next.

Asadi asked the Ministry of Finance to send disclosures to the financial budget, because lack of access will lead to a great imbalance in the public budget.

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Wael Abdel-Latif: The Ministry of Finance's decision not to deal with banks and civil inappropriate

A member of the House of Representatives and Wael Abdul Latif, the decision of the Ministry of Finance last government departments not to deal with banks and institutions of the civil resolution, however, was sound.

Abdul Latif said in a press release published on Thursday that the decision to Ainsjm with the Government's desire to support the private sector and investment in the banking sector, indicating that the development of the country lest not to give freedom to move money, whether by government or private banks.

He added that the banks have the flexibility of civil Malatemtlleke State banks, which began losing customers because of the significant momentum in the implementation of directives on the one hand and the official administrative routine the other hand, as he put it.

He called for the support of the private banking sector and to facilitate procedures for the opening of banks.

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