DINARESGURUS.BLOGSPOT.COM__________________________

Friday, October 20, 2017

SITREP, 20 OCT

SITREP (Situation Report)

10-19-17

9:17 PM EDT

Deep Source (GCR/RV):

"Frequent cabal cyber attacks on the new financial system are being repelled. New software continues to be installed to prevent additional attacks. Cabal attempts to delay progress are being subverted. Cyber security for the new financial system is priority. Release date still unknown."

Deep Source (Resistance):

"The restored Republic is currently operating behind the scenes. Disclosure of this operation will commence at the right time."

Deep Source (The Alliance):

"Extraterrestrial presence was privately disclosed in-front of the UN last September. All malevolent extraterrestrials forces on-planet and off-planet have been neutralized by the Galactic Federation. They are ready to assist humanity post-disclosure."

Note from Deep Source(s):

"Please note: Intel that is being provided from us to you is indeed accurate but completely raw and does have a tendency to not follow through. There is no denying that we are all in frustration and loss of patience. It is entirely a fact that intel being provided is real, but there are constant on-going activities that change the situation. This is agonizing but you mustn't lose hope. Nothing lasts forever."

MNT. GOAT UPDATE, 20 OCT

Hi Everyone,

I bring you much news today.

So once again today let me clarify yet more misunderstandings being passed around. This ones from Randy Koonce (Dinar “Guru”) –

So this is what he said to us recently and I quote –

“So learning from the mistake that Kuwait made, the CBI said the ‘Float’ will be ‘Managed’… What does Managed mean?… if you look at the currency now and realize it has been this price for at least 10 years – that’s a Managed Float! … They control the rate…. they peg it off of the Dollar and the British Pound so that it will not move unless they want it to. Which is the reason they will need to RV the currency to get the rate they need…”

So what is wrong with Randy’s analysis?

Thanks Randy for trying to help put but you do not get a cigar for your effort. So now about telling everyone what it really means to “float” the currency.

So let me tell you –

First let me say this information comes from: 

IMF Working Paper European Department Limits of Floating Exchange Rates: The Role of Foreign Currency Debt and Import Structure Prepared by Pascal Towbin and Sebastian Weber† Authorized for distribution by Ashoka Mody February 2011 This Working Paper should not be reported as representing the views of the IMF.

So again let us look at the FACTS and only the FACTS. This is NOT my opinion.

So what is wrong with Randy’s analysis? 

Well Randy does not understand why the Iraqi 3 zero notes were issued in the first place and what the value was really pegged to and why the IMF decided to peg it.

So let me clarify this first. 

Within the 10 years of the Iraqi embargo prior to the 2003 war with Iraq, the Saddam Hussein currency went into hyper- inflation. This was an intentional stifling of the economy, while pressure was exerted while complying with UN resolutions for the inspection program for weapons of mass destruction. Essentially the economy of Iraq fell apart. Remember the oil for food program. Why in hell do you think they had that program?

Contrary to many of the beliefs by the dinar investment community, the rate as this time was not even close to the infamous $3.22 rate, everyone talks about and uses to justify this investment. So let me dispel this rumor.

Next, once the newer 3 zero notes replaced the old Saddam notes, they had to slow down and stabilize the economy somehow. How did they do this? They did this by issuing the news notes along with instituting the a “de facto” peg of these notes to the US dollar. This was pegged to the US dollar only and not the British pound. So Randy you are wrong!

The CBI and IMF have told us this countless times already in articles and news. So Randy should go back and study all these articles and he might learn something instead of coming out and shooting off his big mouth to sound like a big shot, look important and a know it all.

Next, this “de facto” peg is not a float and is not even close to a float the IMF has talked about putting the Iraqi dinar on, once they move the currency out of sanction restrictions (which I believe they are now doing) and back to “full” international status. I don’t care to get fussy in what specifically they will call the float they will use but it will be a “fixed float” in that the market will determine the value based on supply and demand for the currency. In other words, they will fix an initial value and let the market drive it. Then, if needed, they can “fix” the value to control it. This is an available tool and only a tool the IMF uses. I can see why everyone gets so hung up in this because you equate all this to what happened with the Kuwait dinar and you are told by these “gurus” that it can happen too with the Iraq dinar. So can it?

Let’s debunk this entire Kuwait dinar stuff now.

First of all Kuwait did not make any mistake. Again Randy is buying into this ridiculous comparison to Kuwait. Why was it a mistake for the market to drive up the rate and make a few millionaires? Are you implying your version of a “fixed rate” is now going to prevent this with the Iraqi dinar ? (lessons learned?)

Kuwait did not lose their existing currency and get it replaced;

Kuwait was not in sanctions and an embargo for 10 years;

Kuwait did not have hyper-inflation;

Kuwait did not their country and infrastructure torn apart by war;

So here is what the IMF did do (this is FACTUAL): 

The IMF simply turned off their currency for a short time so that the occupiers (namely Saddam) could not use the value of their currency to support their lofty goals. Once Kuwait was freed again, they turned it back on. Very simple?

The free market then took an initial hike from speculators as it was on a float (as most currencies are anyhow so what’s the big deal?). The IMF then stepped in and regulated it due to speculators. The rate then stabilized.

Will this happen to the Iraqi dinar? 

I can tell you there is no reason to compare the Iraqi dinar to the Kuwait dinar experience. The is no reason why the Iraqi dinar may not rise very quickly once they unplug it from the financial sanctions and restrictions and place it back on the open market. If it gets out of hand, the IMF will simply step in and regulate it. But when they do, this it will be with the old 3 zero notes combined with the newer lower denominations. Both will coincide for up to 10 years, as the CBI has told us. This is not Mnt Goat telling you this but rather the IMF and the CBI. I have no control over this. No one can predict the timing of this serge so don’t even try.

So the IMF may use the fixed float as a tool if deemed necessary and they see the rate (not necessarily the value) getting into a highly speculative window. By using the “fixed” rate float, they can slow it down and regulate it by fixing the rate. But don’t they do this now anyhow will almost all currencies on the global exchanges?

Yes – they IMF now closely regulates and watches every currency value very closely. There have been a few that slipped through the cracks but were quickly monitored and controlled. This has been, in part, the reason for all the new global banking regulations. Get it? There is absolutely no reason to believe the IMF will not watch the initial launching of the new rate like a hawk!

While under sanctions - so what the CBI is currently NOW doing with the 3 zero note rate is simply adjusting the value for inflation and this is NOT to confused with a fixed float, like the IMF plans set the dinar eventually on (and soon) once out of sanctions. The dinar is planned to be pegged at his time to an SDR basket (five leading global currencies). I can tell you emphatically, the IMF will NEVER peg any global currency just to the one other currency. This is committing financial suicide for that country. So all this crap about the US dollar crashing once China was put into the SDR basket is foolish. I wish these idiotic gurus would all just dry up and blow away…..lol…lol….

If the CBI did not keep tabs on the value of the inflated dinar, it could get out of hand very quickly with the Multiple Currency Practices (MCP) being exploited by street venders and the banks. These exchange spreads have cost the Iraqi people billions already.

The IMF has asked the CBI (as a condition of their last few SBAs) to crank down on these MCPs and regulate the spread. It was not until the PM Abadi got serious about the reforms that this happened. The spread is the amount that can be made on the buying and selling of the currencies in Iraq. These spreads can easily cause the true value to get way out of hand if not controlled. The CBI has accomplished this goal by requiring the licensing of vendors and banks to sell currencies and changing over and restricting the currency auctions. People were making a fortune off of the currency auctions. This caused the Iraqi dinar to get even more de-flated against the dollar because everyone in Iraq wanted the US dollar cause they could make so much money off these exchange scandals. Get it? How?

People were falsifying documents in order to get the US dollar from the currency auctions. They also did falsified travel documents to get the US dollar saying they needed it to abroad and then never traveled. They then would the take the dollar and resell them with a very high spread (much higher than the CBI spread). Also they were funding terrorists operations this way (thus the need for the money laundering reforms).

So I don’t really like the way Randy compared the currency rate adjustments to the dinar rate by the CBI for inflationary measures, to the how the free market controls in the future will help stabilize the dinar currency. They are not currently using a fixed rate. It is like comparing apples to oranges. Two entirely different tools being used. This is why people get so confused as to how all this will work out. We keep getting inundated by opinions of people who don’t know what the hell they are talking about.

Randy also implies that Iraq needs the RV to get the rate they need and the longer they wait the more likely it will inflate because the value is too low. Really? This does not even make a bit of sense, as I told you why the rate was so low – due to hyper-inflation. He implies there is no inflation.

He also implies the CBI needed to float the 3 zero note rate and this float allowed them to fix the rate. But the necessity to fix it is because the real value is not represented in the rate. Really? This is simply not true and could not be more false. This is exactly the kind of bizarre stuff and is the pinacol of why people are so confused. These so called intel “gurus” are not economist, financialist nor do they even try to learn what is really going on in Iraq.

Like I said the value is not now artificially low, as it is went into hyper-inflation due to the sanctions and embargo of 1991. The dinar has been valued at exactly the rate it deserves.

But having said all this - there are the recent Abadi reforms, the growing of the economy and the political stability and the security that has changed Iraq for the good and so it is time to change the value and progress to a new rate. But I want everyone to understand the recent history (since 1991 -2014) and all the bunk from the past and this Kuwaiti situation is simply not true. But now things have changed since the past election.

Iraq had 10 long years of economic decline to bring the currency to an all-time low in 2003 then the second invasion took place. More years of neglect during the 8 years of Nori al-Malik administration. Once the second invasion took place, it devastated the infrastructure and put the final touches on destroying the last of the economy. It was necessary to issue the larger 3 zero notes and go into the “de facto” peg. This peg and the new currency helped stabilize the economy and keep it from going into oblivion. I was there in Iraq and I know first hand exactly what happened and why. So please just listen to me.

They decided to use the US dollar (only the US dollar) for this peg simply because it was the most stable currency and it could be used as a gauge to adjust the value of the dinar. Thus, this stabilized their economy. This had absolutely nothing to do with the petro dollar (selling oil and using the US dollar as payment for it). Again more confusion.

So now Iraq is very quickly heading to financial freedom and the launching of the lower denominations. Some heard from Allag, that the currencies restrictions have been taken off the dinar. This is not true as Allaq did say in the coming period this would be done. Go back and listen to his speech again if you don’t believe me.

So we wait in anticipation for more progress in this direction. We know we must see a new rate close to 1:1 with the US dollar and together or very close the launching of these new notes. We have witnessed just alone in the past year extensive efforts to the remaining 3 zero notes off out of circulation. It was not until they implemented the electronic banking practices and the POS hardware in the marketplace, that this is now possible.

Will they RV tomorrow?

Who knows! - However, I fully believe we are in a very good window of time between the coming days and the beginning of January 2018.

This guy named Benny Wilson is claiming he has inside information that within 3-4 weeks the RV will happen and the banks will attempt to exchange everyone by March 2018 at the latest. BE careful of anyone talking about “inside information”. I think much of this he truly believes and I don’t question his beliefs. What I do question is who is telling him this and why?

Oh Benny, I wish you are correct but I have to tell you this sounds with a very familiar tone like the DC / Tony days of TNT info. But we all should know that DC and Tony were not entirely wrong back in 2013, as there was strong evidence (that come out later) to proof that they were correct. So what about this time? As then, as now I only wish and hope you are correct Benny as there seems to be some evidence that this may be correct, however there is a saying – “Don’t count your eggs until they have hatched”. We wait and see what happens.

Articles are below. Due to FACEBOOK limitations my comments are in brackets ( ) throughout the articles. I also separated the articles with asterisks.

Articles Begin

US DEPUTY SECRETARY OF STATE AWAITS THE KURDISTAN REGION PRESIDENT MASSOUD BARZANI RESIGNATION

(Reuters) – US Deputy Secretary of State for Iraq Affairs Joseph Benenton told the Kurdistan Region President Massoud Barzani on Wednesday that Washington is waiting for his resignation after the recent events, saying that his government is waiting for this action within the next couple of days and otherwise will intervene directly.

The news agency “Sky Press” of Iraq for Benenton, he expressed “disappointment of his country from the events that have reached the events, as Washington was considered to be the primary ally of Masoud Barzani, and when we asked the President of the region to postpone the referendum, We opposed it. ”

Benenton stressed that “his country is waiting for the president of the region to resign urgently, as that his stay in power is a mistake,” noting that “the political parties in the region all insist on the need to isolate Barzani of the pyramid of power of the region.”

This came after the reluctance of US officials to respond to Barzani’s contacts, according to Reuters.

The President of the Parliament of the Kurdistan region, Yousef Mohammed, this morning the President of the region to submit his resignation, in order to preserve the water face, as he put it.

The US Secretary of State, Telreson told the Prime Minister, Haider Abadi, his country’s support for the imposition of security in Kirkuk and disputed areas, stressing the need to preserve the unity of Iraqi territory.

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ABADI ORDERS “ARMED GROUPS” OTHER THAN POLICE TO LEAVE KIRKUK

by Mohamed Mostafa

Oct 18, 2017,

Baghdad (IraqiNews.com) Iraqi Prime Minister Haider al-Abadi urged Wednesday a withdrawal of “armed groups” from Kirkuk, saying that federal troops have thoroughly imposed security in the province.

A statement by Abadi said security in Kirkuk has become “under the control of local police with support from the Counter-Terrorism Service”, ordering to “prevent the existence of any armed groups in the province”.

“Security forces in Kirkuk are tasked with protecting the security and properties of citizens of all stripes,” he said.

Iraqi troops, backed by Popular Mobilization Forces, took over Kirkuk province from Kurdish Peshmerga fighters on Tuesday, fulfilling Abadi’s earlier directives to retake areas where sovereignty is disputed with Kurdistan Region’s Government. The military takeover came after Kurdistan voted in September to secede from Iraq.

In his statement, Abadi urged to hold accountable whoever shares vidoes which he deemed fabricated to ignite “hatred” among Arab and Kurdish communities.

Abadi ordered prosecute “those who disseminate hatred and racism” through “fake clips” which seek to “sow sedition among citizens and endanger civil peace”.

Some Kurdish media and social network users have shared videos of what they claimed to be violations by Popular Mobilization Forces, the paramilitary force backing iraqi government troops, upon recapturing Kirkuk province.

Some Kurdish officials had accused PMFs of ransacking Kurdish-owned homes and businesses in Kirkuk and tuz Khurmatu.

US REPORT: BAGHDAD’S CONTROL OF KIRKUK SHATTERED BARZANI’S DREAM

Baghdad today – The Iraqi army’s control of oil-rich Kirkuk has shattered the Kurds’ dream of an independent state at least in the near future. The new entity also faces strong opposition from Iran, Turkey and the Arab states, according to a report by the Center for Middle East Studies in Washington.

“Baghdad and Erbil can reach a compromise for the Kurdish crisis through negotiations after the end of the military operation in Kirkuk,” the center said in a report published on Monday evening.

The report revealed the existence of “an error in the calculations by both parties on the basis that the Iraqi Prime Minister Haider Abadi, expected to retreat Kurdish leader Massoud Barzani for the project of Kurdistan, moving towards Kirkuk yesterday, while the provincial president did not expect to resort to Baghdad Military solution “.

“Assuming that the military operation in Kirkuk is limited and will not develop into a long Arab-Kurdish conflict, Baghdad and Erbil need to begin planning for the future,” the report said.

“Now, amid Arbil’s desire for secession and Baghdad’s insistence on Iraq’s unity, there can be political and constitutional arrangements that will be a field of research between the two sides when they sit together to negotiate their future relations.”

The report also said that Erbil would not be able to establish an independent entity without Iran’s approval, given Tehran’s wide security and political influence in Iraq, Syria and Lebanon.

The conclusion of the report: “For Iran, the establishment of an independent Kurdish state means the existence of an entity of Israel on its borders .. Israel has confirmed this trend because it is the only country that supported the referendum for the separation of the Kurdistan region from Iraq.

Articles End

Their words not mine…..No Rumors, No Hype, Just the FACTS!

Auf Wiedersehen 

Much love to ya all, 

Mnt Goat

PD & TNT UPDATE, 20 OCT

People’s Dinar:

Payray   Article:  "Nusseiri: The UN Security Council praises the actions of the Central Bank in supporting and implementing the program of economic and financial reform"  

BOOM... BOOM...BOOM... BOOM...BOOM...The drumbeat is getting louder, and louder... We are almost there folks...

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TNT:

Harambe:  Bloomberg: Oil Trades Above $51 as Heightened Risk Appetite Props Up P​rices https://www.bloomberg.com/news/articles/2017-10-20/oil-holds-loss-as-i​raq-seeks-to-revive-output-from-kirkuk-fields

Harambe:  Bloomberg: Bank Indonesia Holds Benchmark Rate After Two Surprise Cuts​ https://www.bloomberg.com/news/articles/2017-10-19/bank-indonesia-keep​s-key-rate-unchanged-after-two-surprise-cuts
EyesOpenMedia:  Aboul Gheit to Abadi "There is signs of Breakthrough"
https://youtu.be/Nqu8FCAv8lk?t=1

Currency365:  Private Banks link with US Banks/Bitcoin All Time Highs
https://youtu.be/rhlTWErkv04?t=1

DINAR GURUS UPDATE, 20 OCT

10-20-2017   Intel/Newshound Guru payray  Article:  "Baghdad International Fair: Iraq Further Integrates Into the Global Economy"  Enthusiasm abounds about the potential that lies with investing in Iraq... Now all we need is to integrate their currency into the world's system with a true value, and we will have a recipe for success...

10-20-2017   Intel Guru Bruce
   The CBI was congratulated by the IMF and by our US Treasury about implementing their new economic reforms which would include their new rate. When would that happen and activate that? I am hearing tomorrow [Friday] night in Iraqi time or...sometime Saturday morning in Iraq. We need for that announcement in Iraq to take place and the new rate for the Iraqi dinar to be out, essentially announced and implemented. Also we need that economic reform package to be activated.  I wish I could give you a date and time. I am not able to do that. I would just tell you that we are coming down to it...it is positively rolling in the right direction.  I hope we have a great weekend.  [post 2 of 2]

10-20-2017   Intel Guru Bruce   We had meetings that ended...both in Washington and New York. The results of the meetings were that...the IMF and the US Treasury both congratulated Iraq on the fact that they are getting ready to implement their new economic reforms. Implement and activate are two different things. Implement means we congratulate them in putting themselves in the position to activate.  We had the new Governor of the Central Bank of Iraq...that was here in New York yesterday, and had some meetings at the United Nations. We were waiting for an announcement to be made from Prime Minister Abadi in Iraq...if it hasn’t already been made and would be made in the next day or so.  [post 1 of 2....stay tuned]

10-20-2017   Newshound Guru G-Lin   Article:  "An Iraqi banking delegation discusses in the United States opportunities for cooperation between the two parties"    ...it has been a good news week. The meetings in N.Y and Ali sitting down with the U.N. was historic.  A first.  Iraq is a very important country to the entire world.  That tells us a lot. 

10-20-2017   Newshound Guru Kaperoni   Article:  "Iraq announces the electronic gate near the completion of the infrastructure and the launch of commercial services building"  Quote:  "The scope of its work, issuing prepaid cards through the global payment companies, owning and deployment of payment points and ATM network as well as providing various services to banks and facilitate the payment of bills and collection process."   I hate to say it but this seems like a work a round (using prepaid cards) from the goal of opening the banking system to the worlds financial system.  Time will tell.


10-20-2017   Newshound Guru Adam Montana   Article:  "Oil stabilizes with support from supply contraction and expectations of an OPEC extension"   Quote:  "Oil prices held steady on Thursday, supported by continued OPEC-led output cuts and tensions in the Middle East, as well as a drop in US production due to hurricane closures."   Semantics are everything sometimes... such as here.  "supported" - not demanded or mandated.  "OPEC-led" - This is HUGE.  OPEC is leading this initiative, this agreement, this voluntary agreement.  Iraq is still free to break the mold, RV and sell a gazillion barrels tomorrow to fill their coffers and support the increase in exchange. It's going to cause a little disturbance in the world, but 2 days later Iraq (or the PTB in Iraq) simply pretends to apologize (that's how it works!) and 5 days later the world adjusts and we move on.

KTFA UPDATE, 20 OCT

Frank26:  About a week ago................ We said TILLERSON would arrive in Iraq.   His role is crucial right now IMO.

Tillerson to Attend First Meeting Between Saudi Arabia, Iraq

 STATE DEPARTMENT --

Last Updated: October 19, 2017 8:22 PM

U.S. Secretary of State Rex Tillerson is heading to the Middle East on Friday, attending the first meeting between the governments of Saudi Arabia and Iraq, and exploring ways of improving relations between the two countries.   LINK
....
************

MilitiaMan:  This is as good as it gets and the timing is huge. Dotting the I's and crossing the T's, imo.. All the while they activate MRs internationally. On going meetings with Global think tanks, an massive delegation arriving in Iraq from Saudi, the King of Saudi calling Abadi, etc.. Gloves are off it is time for the next round and it won't be 1184, imo.. ~ MM

Samson:  Trump's envoy welcomes the constitutional dialogue between Baghdad and Erbil

 20th October, 2017

US special envoy Donald Trump welcomed the international alliance against Da'ash, Brett McGurk, on Friday, with the mutual calls between Baghdad and Erbil to engage in dialogue and solve outstanding problems under the umbrella of the Constitution. "He welcomes the joint calls from Baghdad and Erbil to enter into negotiations to resolve the outstanding problems between the two parties on the basis of the authority of the Iraqi constitution," McGork said in a tweet at his official account on Twitter.

The Iraqi Prime Minister, Haider Abadi, called on the Kurdistan Regional Government, yesterday, to recognize the authority of the Constitution and engage in dialogue with Baghdad, on this basis, indicating that Iraq must be able to prove its ability to use the democratic foundations to resolve internal conflicts.

The Kurdistan Regional Government announced on Thursday that it welcomed the initiative of Prime Minister Haider al-Abadi, calling for dialogue on the outstanding issues between Baghdad and Erbil, in accordance with the constitution, within the principles of partnership and consensus. 

http://bit.ly/2iqOroF

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Don961:  News of the meeting has been posted .... but just like the wording ... discussing 'Important Files " with the Council ... also , not sure if Mr Ismail (full name:  Dr. Ali Mohsen Ismail Al-Allaq  ) is the 1st Iraq bank governor to attend such a meeting ... or if this is the 1st meeting ever with any central bank governor and the Security Council .... in any case ... Iraq is in the forefront ... imo

The Governor of the Central Bank is discussing "important" files with the UN Security Council in New York

The Iraqi Central Bank announced that the governor Ali Mohsen Ismail met with members of the Security Council in New York, pointing out that he discussed important files with members of the Council.

"The governor of the Central Bank of Iraq, Ali Mohsen Ismail, met and discussed important files with the members of the UN Security Council at the UN building at the invitation of the Council," the director of the bank's press office, Acer Jabbar, said in a statement.

Jabbar said that "the meeting held in New York is the first of its kind in the world," noting that "the governor of the Central Bank of Iraq is the first bank governor to attend such meetings."
He added that "the meeting was attended by a detailed explanation of the experience of this bank in combating money laundering and terrorism financing," pointing out that "the members of the Council commended the work of the bank and its administration during the current period and the accompanying exceptional circumstances experienced by Iraq."

The Central Bank of Iraq was established as an independent bank under its law of 6 March 2004 as an independent body responsible for maintaining price stability and implementing monetary policy.

It supervises 10 commercial banks, 26 private banks and 16 Islamic banks, as well as 19 foreign banks. 6 financial institutions and 31 financial transfer companies. link

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MilitiaMan:  this is a grand slam! Connectivity to the UST.. "on set 1" Already started.. ~ MM 

Samson:  US Treasury: We pay attention to the development of the private banking sector in Iraq

 20th October, 2017

The US Treasury announced on Friday that it is paying great attention to the development of the private banking sector in Iraq, indicating that it is optimistic about the opening of relations between Iraqi banks and US banks.

"The Iraqi banking delegation visiting the United States of America held a meeting with the US Treasury in Washington in the presence of Marshall Blanczelya Secretary of the Treasury for the financing of terrorism and financial crimes," the Association of Iraqi Private Banks said in a press statement.

"The Treasury attaches great importance to the Iraqi private banking sector and aspires to have a bigger role in the near future," the statement quoted Blanczalya as saying.

He added that he was "optimistic about the opening of relations between Iraqi banks and US banks and that the treasury did not draw red lines on these transactions."

On the other hand, said the Executive Director of the Association of Iraqi private banks, Ali Tariq, during the meeting, "Iraqi banks have greater confidence in the current stage of openness to the world as a result of the recent implementation of the directives of the Central Bank of Iraq on combating money laundering and compliance and risk management."

He added that "the position of Iraq in general improvement continues, especially after the end of the war on terrorism and the legislation of the law against money laundering and financing of terrorism."

A delegation of Iraqi banks is visiting Washington to hold a series of meetings that will develop aspects of dealing between Iraqi and US banks

http://economy-news.net/content.php?id=9470
Samson:  Baghdad exhibition opens its 44th tomorrow with the participation of Saudi Arabia and the UAE

2017/10/20 12:18
Picture
The Baghdad International Fair on Saturday will host the 44th session with the participation of 18 countries and 400 local, Arab and international companies.

"Under the patronage of Prime Minister Haider al-Abbadi, under the slogan" We liberated our land and with your cooperation, we will start in Baghdad the activities of the 44th session of the Baghdad International Fair for the period from 21 to 30 October with the participation of local, Arab and international wide " .

"The General Company for Iraqi Exhibitions has completed all preparations to host the exhibition and receive the delegations of countries and major international companies involved, which arrived in Baghdad and secured the establishment." 

He added that "the activities of this session coincide with the victories achieved by our people and our army in the face of the criminal terrorist gangs that are being expelled from the last of the Iraqi territories in all our beloved cities that have endured harsh and compelling conditions. They face the evil terror that wanted to conquer the will of the Iraqis and steal their dreams in a free and dignified life. "He said.

Al Jumaili pointed out that "the activities of this exhibition this year are witnessing extensive economic activities and the establishment of workshops and conferences to establish real partnerships between the private sector in Iraq and other countries in the world as well as benefiting from Arab and international experiences in the areas of construction, communications, trade, industry and agriculture as well as the possibility of entering companies And countries in investment projects with the Iraqi private sector in the liberated provinces, which suffer from the existence of infrastructure as a result of damage and sabotage suffered by terrorist groups.

He pointed out that "the participation of the Kingdom of Saudi Arabia and the UAE for the first time with great weight through large companies aspiring to enter the Iraqi market and partnerships with the Iraqi private sector after a long break from economic transactions."

The Minister of Commerce and the agency "Methodology of the Iraqi government based on economic openness to everyone and grant the Iraqi private sector the opportunity and freedom from the constraints imposed on him in order to take his role in being a key player in the development of the Iraqi economy through large investment projects come in partnership with Arab companies And international. "

He stressed that "the activities of the session lasts for ten days and witness commercial and economic activities and the opening of photo exhibitions and days for participating countries and is open to the Iraqi family to practice its social rituals in light of the possibilities provided by the exhibition and is ready."

For his part, the Director General of the Iraqi Exhibitions Hashim Hatem, "the readiness of his company for this large economic gathering has provided all the logistical and support supplies have been invited to all Iraqi authorities and embassies and annexes and completed the wings of the exhibition all to open this economic carnival in Baghdad annually and achieved the polarization of many countries And international companies. "

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Don961:  Trade: 688 companies participating in Baghdad International Fair

Date of release: 2017/10/20 19:49 • 66 times scheduled

(Baghdad: Al Furat News) The Ministry of Commerce announced the increase in the level of companies contributing to the 44th session of the Baghdad International Fair, which will start on Saturday and continue to 27 of this month to 688 companies before the first day of its opening.

The ministry denied in a statement received by the agency {Euphrates News} a copy of "the news that some media outlets on preventing the Kurdish channels from covering the events of Baghdad International Fair."

She added that "the news that some media have addressed on preventing the Kurdish satellite channels from covering the activities and events of the Baghdad International Fair to be opened tomorrow is baseless."

The ministry said that "the exhibition receives all means of satellite channels under the umbrella of the Information and Communication Authority," calling at the same time all the media to "be careful in the transmission of news."

The Ministry of Commerce, announced earlier today, the participation of great powers and large companies at the Baghdad International Fair in its 44th session under the slogan {free our land and cooperation with builders} for the period from 21/10 to 30/10/2017