Thread: Archive News - Iraqi Dinar Think Tank - 06/10/2010 - 24/01/2011

House of Representatives postponed the first reading of the draft budget until next Thursday

Deputy of the coalition of Kurdish blocs, Tuesday, was postponed for the presidency of the Iraqi Parliament first reading of the draft budget for 2011 until next Thursday.

The MP said Xuan Mohamed Taha told the Kurdish news agency (Rn) that "the Iraqi Council of Representatives decided in today's session at the request of the Chair to postpone the first reading of the draft general budget for the year 2011."

Taha said that "the decision came against the backdrop of lack of certain technical matters such as printing project and other things that push the chair to postpone the vote until next Thursday."

The House of Representatives is currently examining the financial budget and the President of the Parliament decided to Osama Nujaifi considered the first reading of the budget is incorrect due to the formation of the Finance Committee.

The coalition and Kurdish blocs withdrew from the meeting read last month to protest the provincial allocations and requirements set for the allocation of consideration in addition to reading the first void.

The Iraqi Council of Ministers approved the draft general budget for 2011 a deficit of $ 12 billion will be covered by the amounts retained from the previous year's budget and borrow internally and externally, between the expected income is estimated at 66.7 billion dollars, while expenditures amounted to 78.7 billion dollars, a shortfall of 12 billion dollars.

The initial budget for Iraq in 2011 about 86 billion and $ 400 million, an increase of up to 14 billion dollars in the last budget.

http://www.aknews.com/ar/aknews/4/209512/

Deputy for the National Alliance: The Government amended the budget is at the disposal of Parliament

MP for the National Alliance of Abbas al-Bayati, a government amendment to a financial budget at the disposal of Parliament.

Bayati said in a press statement that the House of Representatives formed a committee of the interim financial blocks and used all the financial experts to study the budget.

He said al-Bayati said there problematic art in the budget currently being discussed and will be the first reading on the agenda of the parliament soon.

He noted that the priorities of Parliament, first reading of the financial budget and the formation of parliamentary committees and vote on the Law of the National Council of strategic policy.

http://radionawa.com/ar/NewsDetailN....909&LinkID=151

Oil: The fourth round of licenses include 12 sites for oil and gas fields

Spokesman for the Ministry of Oil Assem Jihad said the Oil Ministry would launch 12 locations in the fourth round of licensing in order to invite international companies to participate, after displaying the full details on the location of oil and gas fields where qualified companies will be selected to carry out these projects.

http://radionawa.com/ar/NewsDetailN....ookieSupport=1

Mobile phone companies have indicated their willingness to use the influence of international gateways

Announced that mobile phone companies operating in the country to respond to the demands of the media and the Ministry of Communications calling for the use of the gates of the international influence of the incoming and outgoing calls.

An official source in the media and communications that the Commission held a joint meeting with the Ministry of Communications and mobile phone companies operating in Iraq to discuss the linkage of these companies gates influence the International Committee of the Ministry. He added that the meeting dealt with the importance of developing the telecommunications sector and the further investment and emphasis on the integration of efforts in this field to by the need to use gates influence international affiliated to the ministry because of their importance to both security and economic and dealing seriously with this project, the fact that a license granted to the companies that provides for obligatory use of these gates.

The source said representatives of the companies presented during the meeting and a paper containing basic principles to be the nucleus of a draft contract to be signed between these companies and stakeholders in the state and discussed, noting that the Chairman of the Board of Trustees of the dispelled fears of companies from inequality in the use of gates between them and the fourth company, which hoped that the ministry formed during the next term on the grounds that the Commission did not give frequency of this company so far and that the Authority has formed committees in order to ascertain the extent of the competence of the gates by allowing firms to sign the contract. He pointed out that those present agreed to hold further meetings in order to unify a vision of a draft contract and finalized to be ready for signature. For his part, said Executive Director of the Company (Asia Cell) for the mobile Dr. Diar Ahmed, the "morning" The mobile phone companies expressed willingness to use the gates of influence for all calls. He added that the paper provided by the mobile phone companies during the meeting, consisting of ten general points have been approved nine which remained one point will be discussed by the ministry and the body, valuing the role of the Commission, which recently intervene to resolve this matter after thrown it upon themselves to organize the telecommunications sector in Iraq and in particular the mobile phone and promotion.

Advisor, Ministry of Communications for a mobile phone Dr. Hayam Yasiri has been confirmed in a press statement earlier that the problem of shedding of incoming and outgoing calls by neighboring countries may have been set, the ministry solution is the use of gates influence international owned by the ministry, pointing out that there are competent companies communication refuse to use them in spite of a decision of the Council of Ministers force her to do as well as what came in one of the terms of contract license.

http://translate.googleusercontent.c...f3R8vld0P3Bu5w

Iraqi Foreign NOAA Radio: Prime Minister's visit to Iraq, Kuwait emphasizes the consolidation of relations between the two countries

Prime Minister Sheikh Nasser Al-Ahmad Al-Jaber Al-Sabah in Baghdad on Wednesday morning at the head of the delegation of senior government, this visit aims to strengthen relations between the two countries.

Colleague, Mehmet Fatih held this meeting in this regard, however, with Abawi, Undersecretary of the Iraqi Foreign Minister for Foreign Affairs, which was received by Kuwaiti Prime Minister.

http://radionawa.com/ar/NewsDetailN....022&LinkID=158

Source: Kuwait's prime minister will meet this afternoon Nujaifi

Political source revealed early, Wednesday, that the Kuwaiti Prime Minister will meet, this afternoon, the President of Iraqi Council of Representatives at the parliament building.

The source said in an interview for "Alsumaria News", "Kuwaiti Prime Minister Nasser Al-Ahmad Al-Sabah will head this afternoon, to the parliament building to meet with Iraqi Parliament Speaker Osama Najafi, and some members of parliament."

The Kuwaiti Prime Minister Nasser Al-Ahmad Al-Sabah, this morning, to the capital Baghdad and draws upon his arrival to the building of the Prime Minister, to meet a number of Iraqi officials, to discuss common issues and congratulations to form a government.

The visit of Prime Minister of Kuwait to Baghdad one day after the delivery of the Kuwaiti authorities of Iraq five Iraqi fishermen from the province of Basra, was detained by coast guard patrols, the Kuwaiti, having attacked the ship and sank Sunday in the Khor Al Khafji, while still four fishermen were missing.

It will be morning, second prime minister to visit Baghdad, congratulating the formation of Nuri al-Maliki for his second after a visit by his Jordanian counterpart Samir Rifai, the fourth of this month, while the Arab diplomatic sources in the Syrian capital Damascus, last Monday, the determination of Syrian Prime Minister Muhammad Naji al-Otari visit Baghdad in mid-month in order to develop bilateral relations between the two countries and congratulated the formation of the new government.

The file border disputes and oil between Iraq and Kuwait, began after Britain decided in 1961 Granting of Independence to Kuwait, the rejection of the late Prime Minister Abdul Karim Qassem, recognition, and called for time to annex Kuwait to spend Basra, despite the recognition of the Iraqi government, dominated by the Party Baath Party in 1963 after dropping system Abd al-Karim Qasim, the independence of Kuwait deal, some historians it has for the Iraqi government to give money because of the deficit was experienced, but that President Saddam Hussein, who belongs to the same party decided on the second of August 1990 invasion Kuwait against the backdrop of problems on the border and Tsmha and conflict on some oil wells.

The UN Security Council issued resolution No. 833 of 1993 provides for the demarcation of the border between Iraq and Kuwait, which has a length of 216 km through the establishment of an international commission to demarcate the border between the two parties, which was rejected by the regime of President Saddam Hussein first, he agreed at the end of 1994 after international pressure , and Iraqi officials affirm that the demarcation of the border between the two countries was by force, and led to the deduction of Iraqi territory in terms of Safwan and Umm Qasr area, as well as reducing the area of Iraqi territorial waters, while urging the Secretary General of the United Nations Ban Ki-moon, Iraq in November 16 of last year, to fulfill its obligations to Kuwait and, in particular Security Council resolution No. (833) on the demarcation of the border between the two out of the penalty provisions of Chapter VII of the Charter of the United Nations.

He was President Jalal Talabani, said last November in a meeting with fronds Union of Iraq, that Iraq agreed to recognize the international borders of Kuwait, and the Kuwaiti side in turn, confirmed his agreement on this matter, and to exit Iraq from Chapter VII, in the event of Books of Iraq letter to The Security Council affirms its recognition of Kuwait's borders - in Iraq.

http://www.alsumarianews.com/ar/1/15...-details-.html

Iraq’s oil investments exceed 100 billion (b) US dollars:

Iraq’s oil investments has exceeded US$100 billions (b) till its 1st and 2nd licensing Rounds concluded with foreign investment companies, Oil Ministry’s Undersecretary Assem Jihad said on Wednesday.

“The Investment Companies in Iraq need further support to facilitate their activity,” Jihad told Aswat a-Iraq news agency, adding that “the oil investments inside Iraq till the 1st and 2nd licensing rounds have reached 100 billion (b) US dollars.”

Iraq had signed 10 oil contracts with leading international oil companies during its 1st and 2nd licensing rounds, held in Baghdad in middle and last months of 2010, expected to increase Iraq’s daily oil production from 2.5 million barrels per day (bpd) to about 12 million bpds during the forthcoming six years.

http://en.aswataliraq.info/?p=140512

Ministries of Trade and the Kurdistan region and Iran sign a memorandum of understanding

An official source at the Ministry of Trade and Industry, the Government of Iraq's Kurdistan region, said on Tuesday that the visit of the delegation of the provincial government to Iran, aimed at strengthening ties between the two sides in all respects, especially trade relations and the signing of a memorandum of understanding trade between the region and Iran.

An advisor to the Ministry of Trade and Industry provincial government, Fathi Mohammed, told the Kurdish news agency (Rn), that "The delegation of the Kurdistan Regional Government led by Prime Minister Barham Saleh and the membership of the Minister of Trade and a number of ministers and officials of the province, is currently in Iran to strengthen ties between the two sides in all areas."

Mohammed said he "will be signing a memorandum of trade during this visit, the Ministry of Commerce and Industry in the government of the province and the Ministry of Commerce of Iran," noting that "the main objective behind it is to promote trade relations between Kurdistan and Iran, as well as the provision of facilities at border points and Iranian companies experienced to invest in the region."

He pointed out that "the number of Iranian companies operating in the Kurdistan region, is increasing day after day," adding that "the number of Iranian companies are currently in the Kurdistan region, of about $ 700 a diversified company."

According to the latest registration data on domestic and foreign firms in the province of Kurdistan, that the total number of companies in the region, nearly 11 thousand and 469 local and foreign companies, and invests millions of U.S. dollars in projects in different provinces of Arbil, Sulaymaniyah and Dohuk, management Ckramaan.

The Kurdistan region is witnessing economic openness made it a gateway to Iraq and the scramble for foreign and Arab companies to get on the investment opportunities available as a result of privileges and facilities provided by the Investment Law, which was released in 2006, as well as the stable security situation.

http://www.aknews.com/ar/aknews/2/209720/

Conclusion of the symposium expanded for the economic viability of the port of Faw

concluded the work of the symposium expanded, which was held at the Center for Persian Gulf at the University of Basra on Wednesday after he discussed the two-day economic feasibility of the port of Faw, and what can be provided from the returns material to Iraq in particular and the countries of the region in general.

The assistant chief of Basra University for Scientific Affairs Dr. Ali Al-Attar told the Kurdish news agency (Rn) announced today that "the symposium expanded discussed the request of the House of Representatives economic feasibility, geographic and social of the port of Faw and can be provided from the returns material to Iraq in particular to the region in general."

He said Al-Attar, "The axes of the symposium dealt with economic, geographical, social, and taken a number of recommendations including the implementation of the dry canal project to transport goods from the port of Basra by rail to Turkey all the way to Europe, in preparation for submission to the House for discussion and ratification."

Al-Attar said that "the great port of Faw is one of the important strategic projects and is expected to rival the ports of neighboring countries, as will play a major role in the evolution of the economic aspect in the whole country."

The Minister of Transport of the new Iraqi Hadi al-Amiri said during his visit to the province of Basra (550 km south of the Iraqi capital of Baghdad) said the draft port of Faw great light during the reality TV show this year."

http://www.aknews.com/ar/aknews/2/209859/

Iraq gives up a giant oil field development

The Iraqi government plans to invite foreign oil companies to develop the field of Nasiriyah after it said it will be the task itself.

"Said Hussein al-Shahristani, Iraqi Deputy Prime Minister for Energy, Iraq will invite international oil companies to the bidding round to develop the field of Nasiriyah oil giant later this year."

Al-Shahristani told reporters at a joint news conference with Minister of Economy and Trade of Japan that Iraq would invite Japanese companies pre-qualified and other international companies interested to develop the field.

Iraq had said in the past year, he will develop the field of Nasiriyah himself after the failure of talks lasted for several months with a Japanese group led by Nippon Oil Corp., a unit of J. X Holdings because of issues related to funding.

Jafar said President SoC run by the state in an interview in the southern port of Basra in May that production from the field of Nasiriyah is ten thousand barrels a day Iraq is planning to increase it to 50 thousand barrels per day this year.

According to the records that the field of Nasiriyah, a largely untapped reserves, comprising less than five billion barrels.

Iraq has signed a series of agreements with foreign oil companies to develop vast oil fields in an attempt to increase production capacity to 12 million barrels per day in six to seven years, from about 2.7 million barrels per day currently.

http://www.baghdadiabian.com/news.ph...n=view&id=3011