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

Kurdistan Parliament discusses laws and innovative ministries

(Voice of Iraq) - 27-09-2006

Kurdistan Parliament discusses laws and innovative ministries
Arbil-time
The Parliament of Kurdistan during its eight draft law of the Ministry of Martyrs and Almenfelin. He said the essence of Tariq Media Advisor to the President of the Kurdistan Parliament yesterday that he was at the 8th meeting of the second session of the Kurdistan parliament to discuss the remaining articles of the draft law of the Ministry of Martyrs and Almenfelin and ratified The bill passed the whole. " He pointed out that the », Minister for Martyrs and Almenfelin Gunnar Saad Abdullah attended the meeting and commended the role of Parliament in the drafting and revision and approval of dust Al law. The law consists of 13 articles and includes restructuring of the departments and offices of the Ministry of Martyrs and Almenfelin, The need to provide a decent living for low-Anfal, the martyrs and to pay them monthly. He pointed out that he was in the meeting discussed a number of articles of the draft law and the Ministry of Transport and the Ministry of ways, and approval. been postponed discussion of the bill the Ministry of the Environment, which also advanced to a future meeting of the Parliament today, Wednesday,.
It is noteworthy that there are eight ministries in ways the government of the Kurdistan Parliament and the adoption of laws.
The government of the Kurdistan region and 29 of the Ministry.

Originally Posted by frathousemicrowave

From the very natural to think of developing countries (which are often host to foreign investment) on the feasibility of this investment in a number of ways, including economic, social and political background is, in addition to the other aspects, such systems used in the management of capital Alajnabihvi host country and what activities and functions that are spent by the capital invested.

In spite of that there are significant benefits for foreign investment, , which is a value-added of the country and reflected on the national economy after the draw which is the salaries and wages of local employment, which may exceed 25% of total foreign capital of the project, in addition to the direct taxes ((20-25%)) and profit after tax ((almost 10%)), it should be cautious of the second aspect of foreign investment and gross mismanagement of this investment by the host country or by the investor and the foreign companies investing itself. These are subject to the following :
* That is not an area of activity of foreign investment a similar nature with local activities. And thus leading to the events of competition unnatural and dishonest lead to the killing of local industries lead by the private sector is essential, or even the development of the state development.
* Caution from entering foreign investor in the domestic industries enjoy fully the investment climate in the country ((whether small or large)) and the reverse will lead to the depletion of human and material resources of a developing country ((or host)) only.
* The primary objective of a foreign investor is to make a profit and, therefore, it is capable of controlling prices of goods produced, Therefore, the direct impact will be on the final consumer ((injured final)) of the policy dimensions of the natural, and it should invest in commodities and goods which are not directly Ptmas very lives of the consumer, or that the State address this imbalance by known, , or through the adoption of the State of the investment projects of local activity and the same local sources of income away from the policy of borrowing from foreign sources of funding known and, for example, the International Bank for Reconstruction and Development and others.
* Caution of the entry of the host country with Arab or foreign language away from dictations or consistent with the national interest.
* The legislature of the foreign investment law that prevents the right of ownership of the land on which foreign investment projects or to grant this right for a period of time not to exceed fifty (50) years maximum, and after the ownership of land and the project to the state, only if the so-called deal Similarly, This means that the State should allow foreign investors to the local investor to own land and the establishment of investment projects and the same type and size of projects.
* Be taken into account in terms of granting leave to the foreign investor investment national interest before others, and be approved by the legislature for such a long-term investment projects, not on the level of the current phase or medium term.
* Caution against unilateral foreign investor or consumer service projects, which is often possible execution by the state, but focusing on projects with a capacity of the events added value to the national economy, with the enjoyment of the high-powered technical and non-implementation of local efforts.
* The legislature should distinguish between local investors and foreign investors in licensing the establishment of investment projects. only if the state invested in the country did not discriminate between the two sides.
* The legislation of a number of laws for foreign investment in one country lead to the creation of investment opportunities between different departments or regions of a single country, This is a natural result of the different nature of these laws is not true in the case of a single country, because there must be a difference only if they do not contradict with the laws of the central state, It is an undesirable situation, since the law is the best one, where can give some paragraphs special in some governorates or regions in the original bill.
* Not give full freedom to foreign investors and that would lead to interference in the performance of the government sector, this freedom should be within the field of labor investment only.
* Allowing foreign investors to invest in sectors that do not affect the economy of the State or manipulated, In other words, that this investment does not include oil and gas sector, for example ((not exclusively)).
* Not be neglected or marginalized local investors and owners of funds and adequate able to enter into high-value investments. in addition to forcing entry to any foreign investor with a State deems appropriate to the parties.
* Not to allow political views under any names to enter in the field of investment companies with foreign investment, except in the case of getting out of the decision.
All these measures require legislation and constitutional amendments. Even if the matter required reconsideration of the clause of the Constitution before the issuance of the foreign investment law in the country.
Finally, on the whole, our country is able to develop its economy local projects positive returns, in order to provide the local investment climate in the near term, with the partial or total reliance on foreign scientific and technical which can be obtained in many ways is a mystery to specialists.

Is this only part of the law I would imagine it would be longer and in more legal terms and format.???

The first political Oil : A plan to increase energy production from fuel refineries
Opened the door for the private sector to set up laboratories gas

Baghdad-Tariq Al-Araji
The Ministry of Oil plan to increase energy production from refineries oil derivatives, With the door open to the private sector to set up laboratories gas in Baghdad and other governorates, and the agreement with the Iranian side of the supply (500) tons of liquid gas per day for the city of Baghdad, to reduce the liquid gas crisis and agreed to the appointment of graduates of the families of the martyrs and to the second degree.
An official source at the Oil Ministry told (morning) : The ministry has prepared a plan to increase production capacity of all refineries in the country as the size begin to add technical and engineering units for the production of gasoline-Dawra refinery capacity (70) thousand barrels and the addition of another unit the same energy for the production of the refinery that produces three times as far.

He added that the ministry is working on the addition of the same unit of energy to the Basra refinery, With the implementation of procedures for the completion of the draft liquidator Koya card (70) thousand barrels and refinery capacity of the two rivers (140) thousand barrels of increasing the production capacity of oil products and meet the needs of the central and northern regions. The source pointed out that the ministry had taken several measures to eliminate the crisis of liquid gas and limiting the increase in prices such as opening the door for the private sector to set up laboratories gas in Baghdad and other governorates, provided that it has developed for the establishment of the refinery tanks for the transport of a liquid gas from the gas production companies in the south as well as compatibility with a the Iranian side to supply Iraq and across the border outlet Zorbatiyah b (500) tons of liquid gas up to Baghdad on a daily basis in order to fill part of the lack of production operations and meet the needs of citizens and it is hoped that these quantities over the next couple of days.

He added that the ministry also initiated the control of the performance factor and squares direct sale to a liquid gas to contain the crisis article distribution between citizens and the elimination of manipulation and exploitation exercised by hawking alluding to the fact that the plan included proposals and mechanisms for distribution of gas in coordination with the Council wiped out word Baghdad and municipal councils for the processing of liquid gas for the citizens according to the ration card when printed cards and new fuels.

On the other hand, continue the Oil Ministry to appoint graduates of the families of the martyrs who sacrificed result of the terrorist operations and to the second degree (Father, mother, son, brother).

The source said : that includes the recruitment of graduates for the past five years the rate of not less than average to provide an exhaustive appointment Mustamskath and proof of being one of the families of the martyrs, with a request appointment.

He added that the ministry has set the terms of reference which provided for the purpose of the recruitment (petroleum engineering graduates and graduates of institutes of oil as well as college graduates technical sections / oil refining, energy and graduates of the College of Chemical Engineering and industrial unit and graduates of the College of Science Section Aljeloji.


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Iraq : Korean companies were willing to invest in the Iraqi Oil Sector

Baghdad-Tariq Al-Araji
Korean companies have expressed willingness to invest in oil fields in the general areas of the country, especially in the central and southern regions, so the Oil Ministry is seeking to resolve the outstanding issues with Turkey in the field of importing oil derivatives, and the debt of Iraq to their advantage.
An official source at the Oil Ministry told (morning) : South Korea expressed its willingness to enter into joint ventures to invest in oil fields in various regions of the country, together with investment in all areas of oil.
He added that that came during the reception, Dr. Hussein Shahrastani oil minister Korean ambassador in Baghdad, noting that the two sides wish to promote mutual relations between the two countries in all fields especially in the oil and gas sector.

The source pointed out that the oil minister called on Korean companies to benefit from the laws of investing oil and gas that will soon be approved, praising the historical relations between the two friendly countries.
On the other hand, directed a high-level delegation from the Ministry of Oil to Turkey to discuss debt and import oil derivatives to Iraq.

The source said : The Iraqi delegation will discuss debt rescheduling Turkish committed to a monthly payment of Iraq especially that the Turkish side continues providing Iraq with oil derivatives, but is expected fluctuates new contracts with the Turkish side of Iraq processing additional quantities of oil derivatives.

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I thought Iraq was not getting anymore money from US. Does this knock the RV rumor??? Hope not!!!!

Originally Posted by neno

House clears $70 billion mostly for Iraq war


WASHINGTON (Reuters) - The U.S. House of Representatives on Tuesday gave final approval to a massive funding bill for the Pentagon that provides another $70 billion for the wars in Iraq and Afghanistan.

The Senate was expected to pass the final version of the $447.6 billion bill by this weekend, sending it to President George W. Bush for his signature.

The House passed it 394-22 with virtually no debate as lawmakers worked to complete business before breaking to campaign for November elections that will determine control of Congress.

In a slap at Bush, the bill would bar the administration from using money from it to construct permanent U.S. military bases in Iraq or to exercise any control over Iraq's oil sector.

Both the House and Senate have approved that language before, but until this bill Republicans had stripped it in House-Senate conferences.

Democrats and many Republicans say the Iraqi insurgency has been fueled by perceptions that the United States has ambitions for a permanent presence in the country. They have called on Bush to make a policy statement that the United States has no such plans.

With this bill, Congress will have approved more than $500 billion for the wars, with the bulk of that spent in Iraq. Lawmakers called the $70 billion a "bridge fund" to last about halfway through the next fiscal year, which starts on October 1.

About $23 billion of that is to replace and refurbish equipment worn out in the harsh environments of the two conflicts.

The bill provides $377.6 billion for the Pentagon's core programs, $4.1 billion less than Bush wanted but $19 billion above current levels.

It funds a 2.2 percent military pay raise, and provide $557 million more for the Army Reserve and the Army National Guard than Bush sought.

Economic : : Al-Zubaydi of the Arab ministers of finance and promised to support Iraq

Baghdad-Haider spring
Mr. Jabr Al-Zubaidi, the Minister of Finance and the Governor of the Central Bank of Iraq and the Iraqi delegation accompanying him in the meetings of the Arab Group on the sidelines of the annual meetings of the International Monetary Fund and the World Bank held in Singapore.

As discussed Messrs. finance ministers Arabs unite Arab ranks in these meetings and discuss all the word Arab Group consolidated by Mr. and Algerian Minister of Finance on behalf of the Arab States.

The floor multiple paragraphs in support of Iraq in the area of security and economic assistance in the reconstruction, development and the development of the infrastructure of Iraq.

In relation to Mr. Baker met Jabr Zubaidi, the Minister of Finance on the sidelines of the meeting, Minister of Finance and Minister of Finance Algerian both individually.

It was discussed during the meetings of fraternal bilateral relations and development in the economic and financial fields and discussed Iraq's debt through the formation of a technical committee to settle the file of the debt so as to contribute to the upgrading of services in Iraq by the report and its role in the Arab and regional levels.
This attended the meetings Mr. Governor of the Central Bank of Iraq.


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I posted this article because I found the fine interesting.

Islamist parliamentarians in the Kurdistan parliament in Iraq are rejecting restrictions on polygamy.

The independent Iraqi weekly Aso reported that an Islamist MP, Zana Rostayi, reaffirmed the Islamists' opposition to the decision to impose restrictions on this practice, according to MideastWire.

The parliament recently passed a ruling sentencing anyone who takes more than one wife to two years in prison and a fine of one million dinars ($678).

"We oppose this in every way, because we believe that it is contrary to Islamic Shari'a [Islamic law] and the constitution," Rostayi told Aso.

He added that this ruling would increase divorce rates and "undermine the rights of the women who are in harmony with their men."

In contrast, leader of the Kurdistan Religious Scholars Union, Muhammad Zangana, said an anti-polygamy law would not cause such a problem, adding that it was in the public's interest to have the practice restricted.
Kurdish Islamists Blast Anti-Polygamy Ruling

What time are we expecting an announcement on the 28th ?

More than 7,000 security personnel sacked for ‘corruption’



By Ali Al-Mawsawi



Azzaman, September 27, 2006



The Ministry of Interior has fired more than 7,000 of its employees for involvement in ‘corruptin.’



It is the largest purge in the ministry following accusations that Iraq’s newly formed security forces are more corruptive than counterparts under former leader Saddam Hussein.



The purge comes in the aftermath of U.N. reports accusing the ministry’s organs and forces of massive human rights violations.



Brigadier-General Ahmad Hashem, in charge of the ministry’s internal affairs, confirmed the purge.



There are fears that the purge was done on sectarian grounds as the minority Muslim Sunnis say most of the ministry’s forces belong to the opposing Shiite Muslim groups.



Some of the ministry’s forces have been blamed for large-scale atrocities reported in Sunni-dominated areas.



Hashem would only say the sackings were made after the involved personnel were found guilty of maladministration and corruptive practices.



He claimed some of the officials fired had embezzled tens of millions of Iraqi dinars.



Hashem did not say whether the purge covered elements in the ministry who were reportedly involved in human rights violations and violence against the Sunnis.



But he said the purge included high-ranking officers some of them carrying the rank of lieutenant-general.



Despite the seriousness of the allegation on the basis of which the sackings were made, it is apparent that none of them would face prosecution.
Azzaman in English

Originally Posted by Dr. Mike

I thought Iraq was not getting anymore money from US. Does this knock the RV rumor??? Hope not!!!!

Well it has been all over the news Waves Today. Maybe they will use it for leverage knowing it is passed and approved. You know like,"Ok we got more now get it done".