Iraqi News Highlights Wednesday Afternoon 6-14-23
Tlm724 Administrator Bondlady’s Corner
Al-Sudani: We Are Keen On The Presence Of American Companies In Iraq
Political | 04:52 – 06/14/2023 Baghdad – Mawazine News, Prime Minister Muhammad Shia Al-Sudani affirmed today, Wednesday, that Iraq is keen on the presence of American companies in the country, pointing to Iraq’s enjoyment of security, political and social stability, to be an attractive environment for investment and foreign companies.
The media office of the Prime Minister said in a statement, a copy of which Mawazine News received, that “Al-Sudani received, today, Wednesday, a delegation of the Iraqi-American Business Council headed by the President of the Council, Vice President of the American Chamber of Commerce for Middle East Affairs, Steve Lotus.”
Al-Sudani stressed during the meeting, “Iraq is qualified to be an attractive environment for the private sector and foreign companies, stressing that the government has taken a series of decisions to simplify procedures for investors, and work to address problems in this field.”
He added, “Iraq enjoys security, political and social stability, and is qualified today more than ever to be an attractive environment for investment and foreign companies.”
He explained that “Iraq has a real chance for success, and there is no alternative to peaceful coexistence and support for the state and its institutions,” stressing that “the Iraqi experience does not exist in the region at the level of local and parliamentary electoral representation, which indicates the vitality of the democratic system.”
Al-Sudani noted that “the government is aware of the size of the heavy legacy that began since the 1980s war and caused negative effects in most sectors, so it has set five priorities in its program that it is working to achieve.”
He stressed that “Iraq cannot remain dependent on oil, as the world is turning today to oil alternatives that will be ready after 2028,” noting that ”
He continued, “Iraq possesses natural resources that have not been invested, and it is qualified to be an agricultural and industrial country due to its strategic location.”
“The private sector is our real partner to achieve our vision, reduce time and find solutions to problems,” he added.
“We started investing in the burnt gas sector, which costs us $4 billion annually,” al-Sudani said, noting that “the Total agreement is one of the most important gas investment agreements and the development of oil fields, which will provide half of our gas needs.”
During his speech, Al-Sudani revealed “contracts with Chinese and Emirati companies that will provide us with half of the gas we import.”
And he continued, “We are preparing to announce the sixth round of gas fields, which is happening for the first time in Iraq, in terms of natural gas investment,” noting that ”
Al-Sudani stressed that “Iraq is keen on the presence of American companies in the country.”
Al-Sudani continued his speech during the meeting, that “the Ministerial Council for the Economy includes representatives from the private sector who participate in the government in formulating decisions and procedures that would facilitate the work of investors in Iraq.” Ended 29 / m99
https://www.mawazin.net/Details.aspx?jimare=229240
The Central Bank Reveals The Volume Of Foreign Currency Sales For Today
Economy | 12:50 – 06/14/2023 Baghdad – Mawazine News Ann News – Baghdad The Central Bank of Iraq revealed, today, Wednesday, the volume of its sales of foreign currency for this day.
According to the schedule of the currency sale window that Mawazine News followed, the Central Bank sold during its auction today 207,217,854 dollars, which the bank covered at an exchange rate of 1305 dinars, per dollar for documentary credits and international settlements of electronic cards, and at a price of 1310 dinars per dollar for external transfers, and at a price of 1310 dinars per dollar, respectively. monetary.
Most of the dollar sales went to enhance balances abroad in the form of (remittances, credits), amounting to $163,787,854 million, while the remaining $43,430,000 million went in the form of cash sales. https://www.mawazin.net/Details.aspx?jimare=229216
The Dollar Is Rising Again Against The Dinar In Today’s Dealings
Baghdad – Mawazine News Today, Wednesday, the exchange rates of the dollar recorded an increase in the stock exchange and local markets in the capital, Baghdad.
A Mawazine News correspondent said, “The buying and selling prices of the dollar witnessed a slight increase in exchange shops in the local markets, as the selling price reached 147,500 dinars per 100 dollars, while the buying prices reached 145,500 dinars per 100 dollars, in the capital, Baghdad.”
https://www.mawazin.net/Details.aspx?jimare=229213
Iraq Receives “Requests” From European And African Countries To Participate In The Path Of Development
Reconstruction and building Economy News – Baghdad Adviser to the Prime Minister for Transportation Affairs Nasser al-Asadi confirmed, on Wednesday, that Iraq had received requests from countries in the continents of Asia, Europe and Africa to participate in the development road project.
Al-Asadi said, “The meeting of the technical committees that was held today with the participation of 10 countries is the first step to determine how the project will proceed, and there will be bilateral discussions between delegations and the competent authorities in Iraq to determine priorities for work.”
He added, “Participation priorities will also be determined as the basic basis for launching the project, and many details will be studied, including determining the percentage of participation of each country in the path of development.”
He continued, “The delegations of the countries that attended today confirmed the desire of their governments to participate, including China, and we received requests from Gulf, Asian, European and African countries on the basis of what was presented at the Development Road Conference held on May 27,” according to the official agency. Views 19 06/14/2023 https://economy-news.net/content.php?id=34751
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