Thread: Iraq/Dinar News. 09/05 to 01/14/07

Sotaliraq.com

The House of Representatives recognizes the investment law, a majority

(Voice of Iraq) - 10 - 11-2006 | This issue was sent to a friend

Baghdad / Hisham became
The House of Representatives approved the draft law on investment in the meeting yesterday chaired by the First Deputy Chairman of the House of Representatives Sheikh Khaled al-Attiyah. This project has been prepared by the Committee for the economy, investment and business headed by deputy coalition consolidated d. Haider Abadi, after appropriate adjustments it.
A vote was taken on each article separately, and not according to a prior agreement between the members of the Council. Won the approval of a majority of all materials.
The draft investment rule 36 and seven chapters and articles include everything related to investment and the private sector, foreign investment and investment in the territories and the formation of an investment.
The meeting saw discussions among members on the vote on the draft law. He objected to the Kurdistan Alliance MP Abdel-Khaleq Zenknh before the vote on the timing, He said : "The vote should be after four days of discussion of the project and we discussed the law on Sunday."
With objected deputy from the United Iraqi Alliance Abdel Karim Al-Enezi "the neglect of some paragraphs submitted by the members of the Council spoke as a complete change to the draft law."
For his part, Chairman of the Committee Haidar Abbadi : "The law submitted to the House of Representatives three months ago and therefore should be completed now and passage explaining that the meeting last Sunday, has been debated, but to explain what the work of the Commission.
Within the agenda of the meeting and the House of Representatives approved a bill which has been modulated by a majority vote after it had been carefully prepared texts were at the last meeting to postpone the vote on the law in question the existence of fundamental differences on certain paragraphs.
On the other hand, Congress approved the initial formation of a committee to implement the text of Article 140 of the Constitution, Judge normalization of the situation in the disputed areas, especially in Kirkuk because of the failure to reach a final agreement resolved a number listed as members of the Committee postponed the meeting President Sheikh Khaled al-Attiya later identify the names of the members to a meeting today for Wednesday for the purpose of obtaining a full agreement from before parliamentary blocs.
Long

Sotaliraq.com

Today. Non draft put to the vote.

(Voice of Iraq) - 10 - 11-2006 | This issue was sent to a friend

PEOPLE : Project subjected to international interventions. Today. Non draft put to the vote. And the masses of looming parliamentary boycott


Baghdad / commoners hailed
Witness the Parliament today, Wednesday, the vote on the draft law on the composition of the territories after reading twice in the Council, and some members of Parliament that the meeting could witness did on the project if they boycotted the parliamentary blocs special meeting vote.
The implications of the draft law be Territories political crisis between the parliamentary blocs and impact for the many sessions of the House of Representatives prompted the leaders of the political blocs to hold negotiations that lasted for more than ten days during which the agreement not to enforce the law until after the (18) months from the date of approval in Parliament.
The Sami military member of the House on the mass of the United Iraqi Alliance of exercise interventions by the United Nations, the American embassy in the draft law of the provinces. He said the military told (long), there's pressure from political interference by the United Nations and the American embassy on the project to satisfy certain political point. He added that the type of interventions that are exercised by the United Nations in the form of the proposals were valid, including inconsistent with the general approach to the Constitution. Noting that there is an attempt to appease the Accord Front of the United Nations. He said the Board pending some amendments to the draft to a vote because the vote is the last option.
For his part, Hassan Al-Sunaid member of the House of Representatives from the United Iraqi Alliance bloc that parliamentary blocs dealt with the draft law the composition of the Non spirit of political affiliation. He told Al-Sunaid (range) that the political discussions of the project was to the parliamentary blocs of political crisis and this is what has delayed the vote on the bill, which was supposed to vote Tuesday night. He pointed out that the discussion on the project was useless Therefore, the vote is the only solution, noting that the United Nations and a number of civil society organizations intervened in the project, "where we have received from the United Nations many of the perceptions about the project, which does not change the roots." He said : that the United Nations raised several concerns about the ability of the people of the provinces to the federal Department. He added that the Legal and Non engaged in the United Nations to answer questions and concerns posed by the absence of a legal question because it fears that the mere application. He pointed out that the meeting of the House today would, if put forward a bill to a vote Territories, films sharply between parliamentary blocs, because the debate on the project was being extended to political grounds. He expected that the intersection of Al-Sunaid some lumps special meeting to vote on the law.
Al (short) of the Parliamentary sources close to the Iraqi Accord blocs and the national dialogue that they Stakataan special meeting to vote on the draft composition of the regions. The sources said that some members Accord Front are determined not to vote or be present during the vote on the project. With sources pointed out that the national dialogue bloc rejected the idea of the project was not attend the mass meeting. However, the Al-Sunaid survey conducted in the House of Representatives to vote on the project. He said that the Iraqi bloc vote of some of its members to reject the project with others. The bloc agreed they would boycott the meeting at least, and my list for the coalition, the Kurdistan Alliance said : they voted for the project with chest bloc, the Virtue Party on attendance or negative vote for the project. For his part, Dr.. Mohammad Amin al-Hiti, a member of the House of Representatives on the mass of the national dialogue that the bloc had not voted on the project. He added Hiti told (long) did not attend the special meeting to vote on the project only as T. attended mass chest. Calling bloc chest not to attend the meeting in order not to disperse votes in favor of the project. For his part, Iyad Jamal Al-Din, member of the House of Representatives from the Iraqi bloc to bloc vote on the articles or paragraphs which correspond to the draft submitted by the Iraqi bloc, He added Gamal Eddin told (long) that our project does not differ greatly on the project, sponsored by the coalition. Referring to the existence of certain issues in the project, but this does not preclude the development of the law.
Long

SGS. Do you think with the FIL signed sealed and delivered, do you think we will see the rv soon rather than later to avoid further speculation

Originally Posted by jsfletcher

SGS. Do you think with the FIL signed sealed and delivered, do you think we will see the rv soon rather than later to avoid further speculation

i am expecting it at any time.

In the below snip-it from post #869, are they referring to the draft law which would end up breaking the country into 3 regions??? Comments anyone???

The implications of the draft law be Territories political crisis between the parliamentary blocs and impact for the many sessions of the House of Representatives prompted the leaders of the political blocs to hold negotiations that lasted for more than ten days during which the agreement not to enforce the law until after the (18) months from the date of approval in Parliament.

Iraqi political parties have agreed that every security checkpoint in Baghdad will have an equal number of Shiite and Sunni troops in an effort to ensure the security forces do not allow sectarian attacks, officials said Tuesday.

Noozz.com | IRAQ

great link from Caddieman; here's the whole article again:

Article VIII - General Obligations of Members


Section 1. Introduction
In addition to the obligations assumed under other articles of this Agreement, each member undertakes the obligations set out in this Article.

Section 2. Avoidance of restrictions on current payments
(a) Subject to the provisions of Article VII, Section 3(b) and Article XIV, Section 2, no member shall, without the approval of the Fund, impose restrictions on the making of payments and transfers for current international transactions.

(b) Exchange contracts which involve the currency of any member and which are contrary to the exchange control regulations of that member maintained or imposed consistently with this Agreement shall be unenforceable in the territories of any member. In addition, members may, by mutual accord, cooperate in measures for the purpose of making the exchange control regulations of either member more effective, provided that such measures and regulations are consistent with this Agreement.

Section 3. Avoidance of discriminatory currency practices
No member shall engage in, or permit any of its fiscal agencies referred to in Article V, Section 1 to engage in, any discriminatory currency arrangements or multiple currency practices, whether within or outside margins under Article IV or prescribed by or under Schedule C, except as authorized under this Agreement or approved by the Fund. If such arrangements and practices are engaged in at the date when this Agreement enters into force, the member concerned shall consult with the Fund as to their progressive removal unless they are maintained or imposed under Article XIV, Section 2, in which case the provisions of Section 3 of that Article shall apply.



Section 4. Convertibility of foreign-held balances
(a) Each member shall buy balances of its currency held by another member if the latter, in requesting the purchase, represents:

(i)

that the balances to be bought have been recently acquired as a result of current transactions; or

(ii)

that their conversion is needed for making payments for current transactions.


The buying member shall have the option to pay either in special drawing rights, subject to Article XIX, Section 4, or in the currency of the member making the request.

(b) The obligation in (a) above shall not apply when:

(i)

the convertibility of the balances has been restricted consistently with Section 2 of this Article or Article VI, Section 3;

(ii)

the balances have accumulated as a result of transactions effected before the removal by a member of restrictions maintained or imposed under Article XIV, Section 2;

(iii)

the balances have been acquired contrary to the exchange regulations of the member which is asked to buy them;

(iv)

the currency of the member requesting the purchase has been declared scarce under Article VII, Section 3(a); or

(v)

the member requested to make the purchase is for any reason not entitled to buy currencies of other members from the Fund for its own currency.


Section 5. Furnishing of information
(a) The Fund may require members to furnish it with such information as it deems necessary for its activities, including, as the minimum necessary for the effective discharge of the Fund's duties, national data on the following matters:

(i)

official holdings at home and abroad of (1) gold, (2) foreign exchange;

(ii)

holdings at home and abroad by banking and financial agencies, other than official agencies, of (1) gold, (2) foreign exchange;

(iii)

production of gold;

(iv)

gold exports and imports according to countries of destination and origin;

(v)

total exports and imports of merchandise, in terms of local currency values, according to countries of destination and origin;

(vi)

international balance of payments, including (1) trade in goods and services, (2) gold transactions, (3) known capital transactions, and (4) other items;

(vii)

international investment position, i.e., investments within the territories of the member owned abroad and investments abroad owned by persons in its territories so far as it is possible to furnish this information;

(viii)

national income;

(ix)

price indices, i.e., indices of commodity prices in wholesale and retail markets and of export and import prices;

(x)

buying and selling rates for foreign currencies;

(xi)

exchange controls, i.e., a comprehensive statement of exchange controls in effect at the time of assuming membership in the Fund and details of subsequent changes as they occur; and

(xii)

where official clearing arrangements exist, details of amounts awaiting clearance in respect of commercial and financial transactions, and of the length of time during which such arrears have been outstanding.


(b) In requesting information the Fund shall take into consideration the varying ability of members to furnish the data requested. Members shall be under no obligation to furnish information in such detail that the affairs of individuals or corporations are disclosed. Members undertake, however, to furnish the desired information in as detailed and accurate a manner as is practicable and, so far as possible, to avoid mere estimates.

(c) The Fund may arrange to obtain further information by agreement with members. It shall act as a centre for the collection and exchange of information on monetary and financial problems, thus facilitating the preparation of studies designed to assist members in developing policies which further the purposes of the Fund.

Section 6. Consultation between members regarding existing international agreements
Where under this Agreement a member is authorized in the special or temporary circumstances specified in the Agreement to maintain or establish restrictions on exchange transactions, and there are other engagements between members entered into prior to this Agreement which conflict with the application of such restrictions, the parties to such engagements shall consult with one another with a view to making such mutually acceptable adjustments as may be necessary. The provisions of this Article shall be without prejudice to the operation of Article VII, Section 5.

Section 7. Obligation to collaborate regarding policies on reserve assets
Each member undertakes to collaborate with the Fund and with other members in order to ensure that the policies of the member with respect to reserve assets shall be consistent with the objectives of promoting better international surveillance of international liquidity and making the special drawing right the principal reserve asset in the international monetary system.


Seems to me that Kuwait and Iraq need to come to some kind of agreement regarding debt/payment to each other, or did they?

Originally Posted by pipshurricane

Iraqi political parties have agreed that every security checkpoint in Baghdad will have an equal number of Shiite and Sunni troops in an effort to ensure the security forces do not allow sectarian attacks, officials said Tuesday.

Noozz.com | IRAQ

Interesting,

Something so simple as balanced troops watching over themselves, and this strategy was overlooked until now. Well, at least they have finally figured it all out. (g)

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Interesting,

Something so simple as balanced troops watching over themselves, and this strategy was overlooked until now. Well, at least they have finally figured it all out. (g)

Good luck to all, Mike

Can you imagine the nightmare of asking each troop what they are? Do they carry ID cards? What about the products of mixed marraiges? It will certainly keep them busy for awhile. The infiltrators lie about everything else; they'll lie about this too. Hopefully it will make it much more difficult though. I think they should just reval, then hire a bunch of (anyone not Arab/Muslim or distinctly Western) mercenaries to man the checkpoints.

Originally Posted by willie 2

I thought this was settled last week and Iraq paid ll.2 billion.

I thought this was all they had paid so far, up until the Kuwaitis were asked to forgive the rest, to which they took great exception.