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

Links are all up now on Kuwait meeting. English version. Talking about compact,.

International Advisory and Monitoring Board for Iraq (IAMB) -- An audit oversight body for the Development Fund for Iraq (DFI) -- Meeting Schedule The october 31 meeting.

The security council Resolution 1483

The DFI was established pursuant to United Nations Security Council Resolution 1483 and holds the proceeds of petroleum export sales from Iraq, as well as remaining balances from the UN Oil-for-Food Program and other frozen Iraqi funds.Disbursements from the DFI must be used for the benefit of the Iraqi people, and are directed by the Coalition Provisional Authority, in consultation with the Iraqi interim administration.

The link International Advisory and Monitoring Board for Iraq (IAMB) -- An audit oversight body for the Development Fund for Iraq (DFI)

The security council resolution 1637.
http://www.iamb.info/pdf/unsc1637.pdf
3rd pg #3. decides to extend 31 dec 2006 the arrangements established in paragraph 20 of the resolution 1483 for depositing into th delvopment fund for Iraq of proceeds from the export sales of petroleum, petroleum products, and natural gas.............................

#4 the Internationl advisory and monitoring board shall be reviewed at the request of the goverment of Iraq no later than 15, June 2006.

They met in June and extended the mandate until Dec 31, 2006.
This meeting in October will allow them to rescind resolution 1483 and Sign article VIII

Article VIII the link Articles of Agreement: Article VIII - General Obligations of Members

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.

The Iamb has currency restrictions on Iraqs funds that come from Petroleum sales.. sec 2 a . Once these are lifted Iraq can trade Internationally.


***ALSO FOUND THIS VERSION****

I found it, but to me it sounds like he is not that sure about what the yassmen rate is

What is your view on it? $3,64 would be great though

Originally Posted by goldraker

I think it was oldskiier. Not sure, go over there and do some searches.

Oldskiier responded to me and said the yassmen rate was the Qatra Rial rate

Originally Posted by day dreamer

this from paynes 1 at iif, i'm sure he won't mind since he post here some
"The reconstruction plan was developed at a meeting of the participating European states in July 1947. The Marshall Plan offered the same aid to the Soviet Union and its allies, if they would make political reforms and accept certain outside controls. In fact, America worried that the Soviet Union would take advantage of the plan and therefore made the terms deliberately hard for the USSR to accept. The plan was in operation for four fiscal years beginning in July 1947"

"The emerging doctrine of containment argued that the United States needed to substantially aid non-communist countries to stop the spread of Soviet influence. There was also some hope that the Eastern European nations would join the plan, and thus be pulled out of the emerging Soviet bloc. "

"On July 12, a larger meeting was convened in Paris. Every country of Europe was invited, with the exceptions of Spain (which had stayed out of World War II but had sympathized with the Axis powers) and the small states of Andorra, San Marino, Monaco, and Liechtenstein. The Soviet Union was invited with the understanding that it would refuse"

This group is comparable to the ICI Prepatory group.


"Stalin saw the Plan as a significant threat to Soviet control of Eastern Europe and believed that economic integration with the West would allow these countries to escape Soviet domination. The Americans shared this view and hoped that economic aid could counter the growing Soviet influence."
The Soviet Union's "alternative" to the Marshall plan, which was purported to involve Soviet subsidies and trade with eastern Europe, became known as the Molotov Plan, and later, the COMECON.

The communist threat was a matter of national security because they did not want the Soviet union to control the Eurpean nations.

Marshall Plan - Wikipedia, the free encyclopedia

The International Compact.

Yesterdays news article Old Shier posted on the International compact thread. the link Kuna site|Story page|UN officials explain aims of Int''l Compact with I...10/30/2006 post # 33

the thread http://www.investorsiraq.com/realist...tional+compact



"
"While saying tomorrow's meeting was part of preliminary steps, he believed that ICI's actual "launching will see to it that these steps can actually be measurable in the real sense because it is in the best interest of the region and world community that Iraq is back on its feet." He said Iraq would receive economic and financial aid to achieve stability, but if the situation worsens, Iraq's problems might spill to neighboring nations and that would not serve the region."

Sound Familar.

This statement is a matter of national security for not only the US but all the ICI members. They do not want to see a destabilized mid east. This would not be good for the whole world. Have you noticed who is in the ICI prep group. The US, UK, France , Germany, Japan, Italy, Canada was asked to chair the compact but is not listed, Russia has worked out a debt arrangement with Iraq and is not listed. Seven out of the Eight G-8 members are pushing on the compact toget it moving. The G-8 is responsible for 65% of the worlds trade.

"Regarding ICI's five-year mandate from 2006-2011, he said "It might take less or more and so on. But I think a five-year period is a very realistic timetable," noting that the compact's strategy was aimed at focisung funds on practical steps without getting carried away with mechanics."

The 5 year plan fits into the time limits of the IMF's critera for aid.
This was a statement made in the Marshall plan its self.


preparatory group included the UN, US, UK, United Arab Emirates (UAE), Kuwait, World Bank, International Monetary Fund (IMF), European Union (EU), Arab development funds, Islamic Development Bank (IDB), France, Germany, Italy, Japan, Saudi Arabia, South Korea and Spain. (end) mge.

This is the Marshall Plan renamed the International Compact for IRAQ.

Also if Iraq is modeled after the German experience then we may very well be at the door step of an RV

Safeguards necessary to achieve the federal project in Iraq

(Voice of Iraq) - 10-31-2006
This issue was sent to a friend

Safeguards necessary to achieve the federal project in Iraq
Dr. Ibrahim Mohamed Bahr Al-Aloom on the steps to be taken during the coming period after the Parliament approves the executive procedures for the formation of regions. Noting that the federation can grow only in the atmosphere of democracy and nurtured not become like a disabled person. Whenever a deepened democratic practices in the community was the way to choose the most popular option federal possibility of growth and sustainability. What matters which must be emphasized that democracy is the basis for the political process, federalism is a horizontal axis for the sharing of power and wealth between the center and regions. It is useful to study the experiences of indigenous peoples, especially the Spanish experience, where she had lived totalitarian regimes. Regarding concerns raised by some of Mr. Bahr Al-Oloum, although the Iraqi Parliament approves law there Parties bear Hoajsa and concerns that it may cause economic and political Some believed that the capture of some governorates of Iraq oil wealth will become a cause of economic disadvantage to other provinces. There is apprehension political matched apprehension sharply from regional countries in this project to find a political challenge for the future of Iraq and its unity as the obsessive future impacts on the ground and the subsequent repercussions effects outside Iraq and therefore pay a negative standing of the project. He added Dr. Bahr Al-Uloom that these problems must move to address them to absorb serious concern and misgivings at both internal and external to the project becomes a partnership with the Iraqis and not the cause of mutilated. Therefore, we work to provide guarantees economic, political, administrative and popular manner that achieves the essence of the project and the safety of future federal Iraq. He talked about science Sea where guarantee economic imperative for the House of Representatives to speed up the provision of a law that regulates the distribution of oil revenues, the manner in which to achieve a balance in development in a just and create a general feeling of the Iraqis distributive justice. This step is one of safety valves to raise the concerns of deprivation and injustice is expected to occur as a result of the formation of regions. In the same context, the need to speed up the discussion of the law of oil and gas and urged him to draw the features of Parliament oil wealth so as to realize the optimum exploitation of the wealth of the participation and advice of the federal government, provincial governments. So we are facing two Asastin : oil wealth management and revenue management. These tasks need to be regulated by law in carrying Madamniha achieve fairness and justice in the distribution and professional management for the benefit of all the Iraqi people. He pointed out there are fears of political guarantee regional and other internal part of the political process in Iraq, and perhaps escalated after the enactment of the territories that left these concerns without addressing the fundamental political will create more political tension and perhaps further deterioration of the security situation and the state of instability. The time has come to push up the roof of the draft reconciliation and dialogue, which was announced by the Prime Minister of the national framework to include the framework of regional and especially Arab him. Baked reconciliation, we can not achieve its goals unless complemented by regional based on the real guarantees aimed at the stability of Iraq and the region. The absence of regional consensus despite its complexity makes the door open for further conflict and obstruction of the political process and the absence of security. The achievement of the Iraqi religious cohesion in Mecca is a quantum leap in payment of the Arab and Islamic street in support of national unity. The Sea Sciences factors to the success of the experiment and administrative safeguards and the experience of the provincial assemblies revealed the urgent need for expertise to Iraqi reconstruction and achieve security and stability. He called for a supreme body to develop cadres of the project Federal membership includes representatives from the Ministry of Planning and Finance and stakeholders take it upon themselves to draw an integrated program to develop and train cadres on the basis of national standards and professional and use the expertise of Iraqi and Arab and foreign countries in developing the program as well as the implementation of stadium rattled and inside Iraq in the form of special courses. The exploitation of the coming period to move on preparing the ground for such a project is already contributing to the success of the experiment. Mr. Bahr and Science of the People's guarantee of the success of the project, where some of the public lacks adequate convictions should put the project privileges and fitness through the media neutral review the basic features of the project with the expected benefits of its application, in addition to the negative prospects through holding seminars, Wa for conferences away from political slogans. He concluded by saying that the exploitation of the coming period and until 2008 in the provision of these guarantees and within the expectations of improvement in the security situation and stability of the country and improvement in the performance of government and work to promote the principle of partnership to win the confidence of the political parties would result in the concentration of political vision and conviction in the general vitality of the project Kuo a means of power sharing and wealth in order to find other national equivalents for the integrated management of the country with the Center.

Originally Posted by laurenr

I think the article was dated 6th Oct not 31st Oct so over 3 weeks have already passed...!

Plus you want to consider that due to the urgency mentioned they might be ahead of the six week schedule

All coming together.


BIBF to train CBI officials

BIBF to train Iraq Central Bank officials 31/10/2006 Source: Gulf Daily News

Sixteen high-ranking officials from Iraq Central Bank (CBI) are to undergo advanced training at the Bahrain Institute of Banking and Finance (BIBF).The banking supervision programme is being organised by BIBF in co-operation with the International Monetary Fund (IMF) and Federal Reserve Bank of New York (Fed NY).

It will be held from November 12 to 16 at the BIBF, Juffair, and conducted by a team of international experts from IMF and Fed NY.

The BIBF was selected to host this important workshop because of Bahrain's excellent reputation as a leading world financial hub and the institute's ability to provide world-class training and business advisory services, said deputy director and head of Banking Learning Centre Hussain Ismail.

"For the last two-and-a-half years, the IMF and the Fed NY have co-ordinated their efforts to provide technical assistance to the CBI to help in the reconstruction and development of the Iraqi economy," he said.

"A comprehensive initial training curriculum was defined and has been implemented between 2004 and early this year for the staff of the CBI's Banking Supervision Department.

"A series of joint workshops were also delivered, covering all key banking supervisory issues."

The workshop will be focusing on the practical implementation in the field of banking supervision, said Mr Ismail.

It will also review the actual work and outputs produced by the Iraqi supervisors in order to give them feedback and guidance on how to improve their scope and their quality, both for off-site and on-site supervision, he told the GDN.

"The programme is part of a series of successful workshops, which will further contribute to the training and education process of the Iraqi people," said Mr Ismail.

A similar workshop on banking supervision was conducted successfully at the BIBF in June 2004 .

(153) Licenses granted to build up new industrial projects

http://www.iraqdirectory.com/DisplayNews.aspx?id=2429

Originally Posted by CharmedPiper

(Voice of Iraq) - 10-31-2006
This issue was sent to a friend

Skinner called on neighboring countries to refrain from harming his country
Iraqi government spokesman told Al-Qabas : if Iraq sinking into a civil war Kuwait and the region Stlthban

The meeting : Laila Al-Sarraf, Badr Almshaan
Government spokesman warned Iraqi Skinner of the dangers of failure for the stability of Iraq on the region as a whole. He called on neighboring countries to support Iraq politically, economically and hoped to Hamas neighboring countries to this goal equal to the Hamas away States.
Skinner said in an interview with the 'Al-Qabas' on the sidelines of his participation in the International Covenant groups based in the guise of charitable work of the financing of terrorism in Iraq as well as the intelligence services of some neighboring countries. He also talked about the administrative situation in the ravaged Iraq and said that corruption was endemic in all the state, warning that Iraqis feel despair and frustration of the future, and frustration has bred violence and terrorism.
How do you see the meeting of the Preparatory to the International Covenant with Iraq due to the volume of participation, venue?
- This meeting acquires great importance as a result of an international trend to help Iraq to get a solution that suits Iraq and the impact of this situation in the region. It is well known that the failure to good for the stability of Iraq could affect all the countries in the region and international attention to control the situation inside Iraq but there must be political and economic criteria in addition to many other aspects, As for the site and venue of the meeting it was the request of the Iraqi government convening of this meeting on the land of Kuwait, Kuwait welcomed the convening of this meeting on its land under the auspices of the Kuwaiti Fund for Arab Economic Development, Kuwait Perhaps importance lies in the fact that there is a trend towards the Gulf contribute to the International Covenant, especially after the international conference held in Abu Dhabi, as Abu Dhabi Declaration issued by the Iraqi government and we would like to be a Hamas enthusiasm for the stability of Iraq, which we are witnessing at the same distant States.
What Iraq's obligations towards the donor states?
- There are commitments to Iraq, which have to be in Iraq mechanisms for the control and management of resources and fight against financial and administrative corruption that has spread in state bodies and the application of human rights standards in addition to political and economic reforms. As is known to all, we turn today from the system in a comprehensive manner to an open country, Therefore, the standards that Iraq needs differ from what it was in the past and we hope to sketch the road map in Kuwait schedules must be used by Iraq to coincide with the international aid provided by the international community. Political support is also
If, as the size of the grant for Iraq?
The support-not only financial but political and hope that there will be political support and openness, especially after the formation of the first elected Iraqi government, after decades of oppression and tyranny, From this standpoint, there is no excuse for countries to open diplomatic representation and openness to Iraq in particular, we need to rebuild the rights of the Iraqi people who have suffered greatly from the cultural vacuum because of the wars that led to the former regime. also in Iraq, we need to rehabilitate all the state's departments and systems development in all aspects of life to come after financial support to the environment and find grounds for spending, we can benefit from optimal.
Is Iraq today need political support to stop military or economic chaos?
- Iraq needs a political decision with simultaneous resolution of economic and security areas. Resolution security needs to be a clear economic vision of the new system, as there is a feeling of frustration, , which generates suitable ground for terrorism. Therefore, the security solution comes through understanding of Iraqi political and providing job opportunities for citizens, In this way contain terrorism.
There is information that the United Nations declare that Iraq is the civil wars, But the United States refuses to ensure continued survival in Iraq. what is Talcik?
I think that the term civil war is a threat psychologically significant to the Iraqis and used by the enemies of Iraq. Iraqis all persuasions, faced with terrorism in Anbar and Mosul and Baghdad and all other areas of Iraq, Terrorism has no religion, We in the face of strong takfiri and remnants of Baath, and the Iraqis have demonstrated that they are refused to be dragged or bow to civil war. For example, when the bombing of the headquarters of Almerkdin in Samarra, which is September 11 at his home in Iraq. However, the Iraqis passed this attempt to recruiters in this war, Here we are betting a lot on the strength of this people in confronting the terrorists and their plans.
Those who support terrorism?
The support of terrorism, from your point of view in Iraq?
I think that the groups that were benefiting from the former regime in addition to the groups of those who were deceived, in addition to outside support for terrorism sources, I can not equal among themselves, but it is a non under the guise of charities in addition to the intelligence services of some neighboring countries. as well as the Arab media, which shows the terrorist operations inside Iraq under the pretext of resistance and the fight against the United States (in the United States exist in all Arab countries, not only Iraq).
American strategy
Do you think that the smart in case the Democrats to the American Congress and the failure of the Republicans?
I think that there is a clear American strategy combines the American decision by the American interests, From this standpoint, we have nothing to do with these interests to the extent that corresponds with the Iraqi interests, As for the issue of withdrawing its forces from Iraq, there is no even any of the Democratic Party calls for the immediate withdrawal of troops, We as Iraqis and through our current can not afford to see foreign troops in the streets of Iraq. But on the other hand we face terrorism, The international community must assume its responsibilities on this moral perversion and I think that what is happening in the United States after elections would not affect the basic strategy of the United States but perhaps some of the details may vary in Iraq and we want to prioritize and put on the basis that the American forces to leave in the coming months and through this we asked that the Iraqi security file, however, and assume full responsibility for this file.
Do you have a clear strategy between the United States and Iraq?
- The meeting between Iraqi Prime Minister Nuri al-Maliki with the American President George Bush to draw up a plan and a vision of these relations, We are still feel that Washington supports the capabilities of the Iraqi forces, This, expressed by President Bush during his statements that there is a plan to build a professional forces ready and able to assume the security file, This work will be done during the coming months.
There are fears Kuwaiti-way transmission spark sectarian war from Iraq to the region. Will discuss with the Kuwaiti officials?
- We appreciate the position of Kuwait during the past period, as it is a positive attitude in the stability of the Iraqi situation. I believe completely that Kuwait is not only, but the entire region Stelthb that sank Iraq in a civil war for, there is an invitation from the Iraqi government to provide assistance to overcome the crisis and are out of the bottleneck and if there is no help there must be at least whom to stay away from Iraq.
What is needed?
What is required of Iraq's neighbors today?
- That Iraq needed to Kuwait and all other States in the region, It is expected that Kuwait appreciated the feelings of Iraqis and the years that the caravan passed by, and take a step to ensure Iraq, and they are able to take the bold step, Valbaidon took great strides. Because the closest first Virtue.
Maamutlob specifically?
- We acknowledge that there were international resolutions resulting from the Iraq, Iraq is committed although they overburden the Iraqis and for friendship and brotherhood with neighbors and brothers in Kuwait, we would like to be taken outside the international framework through which Kuwait could increase the proximity to the Iraqis and is already near, and through the steps on the issue of debt and compensation, especially that there are many noted that the situation facing Iraq.
Iranian interference
Are there any Iranian interference in Iraqi internal domestic matter?
- The situation in Iraq, which resulted after the fall of the former Iraqi regime allowed some neighboring countries and other neighbors to intervene, We are fully aware that there was an Iranian attempt to pass messages to the United States through Iraq's interior, The cross-Iraqi Prime Minister Nuri al-Maliki during his recent visit to Tehran to be there for closer relations with its neighbor Iran, and that there is no interference in the internal situation critical, and also assured Tehran that the Iraqis will not allow their territory to be used for any attack from neighboring countries, whether in the East or the West, We believe that the leadership in Tehran realized the depth of the effect of any intervention. Therefore, we are now witnessing a commitment in the Iranian policy towards Iraq. but we expect that there be more control of the parties in various Iranian relations with some Iraqi currents.
Maalersalh outcome of the special Mecca that terrorist operations had not diminished in intensity?
The message of the Mecca clear to isolate terrorists across clarify that what is happening in Iraq has nothing to do with religion, which is the religion of Islam, which calls for tolerance and Christian, but it is a perverse moral delinquents backed by serious debt, and whatever through killing innocents in the name of God. but we do not have the mechanisms to enforce this matter vigorously. The ideology of counter-terrorism plan inadequate because it is not clear-cut and are not based on a clear concept.
What about the initiative Maliki?
- The draft reconciliation espoused by Maliki is a courageous step by the government, especially as it rose olive branch before flying Canes (who sticks) to the door and the option to return to reality and the reconciliation between the Iraqi people, We went reconciliation mechanisms and remained little Once these mechanisms will be discussed draft legislation on the proposals and then these conferences will be the application of the law and protect the innocent through the use of full legitimacy granted to the Iraqi government! There will be no excuse for those who want to exercise murder under various names.
Why did the draft reconciliation, especially that there are a number of Iraqi factions involved in the Iraqi government?
The draft is the reconciliation between the two sides of government as well as political force and part of this project is a solution and the integration of the militia and fight armed groups which kill Iraqis. It is, therefore, a shared responsibility.

The border with Kuwait
Speaking to the official Iraqi spokesman Skinner on the issue of the Kuwaiti-Iraqi border had no appreciation of the sensitivity of Hzaala over, It is based on the sensitivity of previous experience and painful with the former regime.
He added that the call for consideration for the future. and not remain prisoners of fear accumulated since the Iraq wants to build as a safe and be a friend to all.
He could not deal with some of the lumps and we will deal as we deal with our neighbor Turkey to dispel concerns on its borders. We now look forward to a new era with the Kuwaiti government to strengthen the bonds of political and economic relations.

Gulf States affected by the tension between the United States and Iran
He said Skinner 'We are in Iraq to pay tax any tension in Iran has nothing to do with the United States, The Gulf states affected by, The growing fear of turning Iraq into an arena for settling differences between the conflicting parties'.
He added : The issue of the Iranian nuclear dossier and possibly escalate been problems between Tehran and the European countries, America and the hope resolved peacefully until receipt of the region from any new conflict.

Human rights
Skinner said in response to a question about the procedures for the reduction of gross violations of human rights in Iraq that noticeable thing in Iraq right now is that there is transparency with respect to any violation when compared to the current days of Saddam Hussein, We are now in Iraq trying to build the institutions of the state and do not allow any person to violate any right of any Iraqi citizen, It is involved in that is accountable and accounting institutions of civil society, the Ministry of Human Rights in Iraq can be transformed into the Office of independent control over the government and its commitment to human rights standards and certainly true that there is no cover for any group attempting to violate the standards agreed upon in Iraq.

Do not interfere in the trial of Saddam
Skinner objected to the designation of the trial of Iraqi President Saddam Hussein's regime performance, He pointed out that the trial of the Governor has not seen in the Iraqi counterpart to spite the world. and robbed, He said 'We wanted to give the court the independence and objectivity beyond the capacity of the Iraqis to accept them and we want to send a message to the world that we in the new Iraq dedicate liberty At the same time, everybody's going to accountability and accounting, and justice must take its course on all issues and events'.
He added that the Iraqi government does not interfere in the work of the Tribunal problem of Saddam and men.

I have ALOT of reading to catch up on here, and I haven't gotten past the first few pages....20 something to go but, I came upon this post by Charmed Piper and wanted to comment on it. The sentence I highlighted kinda stuck in my mind because of the word standard. I was just curious if this word could be used in conjunction with this definition of standard...????
Function: noun
1 : something established by authority, custom, or general consent as a model, example, or point of reference <the standard of the reasonable person>
2 : something established by authority as a rule for the measure of quantity, weight, extent, value, or quality
3 : the basis of value in a monetary system

Now read THAT sentence with this definition in mind. Could it be referring to the rate that they would like/need to r/v at? Just a thought. I may be barking up the wrong tree, but I saw the word standard used similarly in another news article recently and thats why it caught my attention again this time when I read it. Have I been spending too much time in front of the computer screen lately and I'm just going ????

Cheers!
DayDream

Did anybody else listen to the press conference from Deputy Secretary Kimmett on the Kuwait meeting site. I got some of it but was wondering what everybody's take on it is.