Iraq Economic News 2-25-2024
Tlm724 Administrator Bondlady’s Corner
For The First Time In 20 Years.. Iraq Participates In The Ministerial Conference Of The World Trade Organization
Minister of Trade Atheer Al-Ghurairi Economy News – Baghdad On Sunday, the Ministry of Commerce participated for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is being held in the capital, Abu Dhabi.
Minister Atheer Al-Ghurairi said in a speech during his participation in the preparatory meeting of Arab trade and economic ministers within the Arab group for the thirteenth Ministerial Conference of the World Trade Organization, followed by Al-Iqtisad News, that “Iraq is participating for the first time since 2004 in the Ministerial Conference of the World Trade Organization, which is held in…
The capital, Abu Dhabi,” pointing to “the completion of the requirements for Iraq’s accession to the organization, which is the completion of the files of trade in goods and trade in services within the timetable for joining the global multilateral trading system.”
The minister pointed to “the desire and seriousness of the Iraqi government to establish balanced economic relations with all countries of the world at various levels and fields by improving the business and investment environment and making real reforms in laws and legislation.”
He thanked “the Kingdom of Saudi Arabia for supporting the process of Iraq’s accession to the international organization through the visit of its permanent ambassador to the organization, Saqr Al-Muqbel, and his chairmanship of the working group for Iraq’s accession.”
Regarding intra-trade and increasing trade exchange between Arab countries, Minister Al-Ghurairi noted “Iraq’s keenness on the importance of the presence of Arab countries in Iraq to restore its effective role in economic organizations.”
The Minister offered congratulations to “the State of the Comoros and East Timor on obtaining membership in the World Trade Organization.” 02/25/2024 – https://economy-news.net/content.php?id=40856
Al-Sudani: Strategic Projects Will Work To Attract Partnership And Economic Integration In Iraq
Reconstruction and building Economy News – Baghdad Prime Minister Muhammad Shiaa Al-Sudani confirmed on Sunday that major strategic projects will work to attract partnership and economic integration, while pointing to Iraq’s foreign position.
Al-Sudani’s statements came in a dialogue symposium held by the Baghdad Institute for Dialogue, under the slogan (Regional Communication… The Centrality of Iraq), during which current topics and the course of Iraqi relations with neighboring countries and the world were discussed, and the most prominent positions in this regard were discussed.
Al-Sudani pointed out, at the beginning of his speech during the symposium, the importance of these research institutions in decision-making, and their focus on facts away from confusion and prejudices, indicating that the government has set a basic goal for its work, which is to build trust with the Iraqi street, which is itself a criterion for determining priorities in work. .
On the security axis, he stressed that ISIS today represents a defeated organization. The recent operations of our armed forces have proven its inability to exist even in remote areas. If stability is achieved and the capabilities of our forces develop, they will strengthen the conviction of the possibility of ending the presence of the international coalition and moving towards bilateral relations.
Regarding foreign relations, the Prime Minister stated that Iraq follows a balanced approach, staying away from alliances and axes, and is open to developed relations with everyone, and has the ability to communicate with them, and also has distinguished relations with the United States and Iran.
Al-Sudani reiterated “Iraq’s position that rejects its lands being an arena for others’ conflict, pointing out the importance of intertwining interests in the region, and the shift from political focus to economic focus.”
He continued by saying, “Major strategic projects, such as the Development Road Project, will work to attract partnership and economic integration, and they reinforce Iraq’s idea of proposing an economic bloc, as was previously proposed at the Arab Summit, as projects that fuel development and enhance integration between Arab countries.” 99 views 02/25/2024 – https://economy-news.net/content.php?id=40836
During The Past Week… Iraq’s Oil Exports To America Increased
Economy | 02/25/2024 Mawazine News – Baghdad The US Energy Information Administration announced on Sunday that Iraq’s oil exports to America rose during the past week.
The administration said in a table seen by Mawazine News Agency, “The average US imports of crude oil during the past week from 9 major countries amounted to 5.642 million barrels per day, an increase of 217 thousand barrels per day compared to the previous week, which amounted to 5.425 million barrels per day.” .
She added, “Iraq’s oil exports to America amounted to 226 thousand barrels per day last week, an increase of 183 thousand barrels per day from the previous week, which amounted to 43 thousand barrels per day.”
The administration also indicated that “most of America’s oil revenues during the past week came from Canada at an average of 3.669 million barrels per day, followed by Mexico with an average of 784 thousand barrels per day, and oil revenues from Saudi Arabia amounted to an average of 224 thousand barrels per day, and then Colombia at an average of 286 thousand barrels per day.” “.
According to the table, “the amount of American imports of crude oil from Nigeria was at a rate of 159 thousand barrels per day, from Ecuador at a rate of 158 thousand barrels per day, from Libya at a rate of 92 thousand barrels per day, and from Brazil at a rate of 44 thousand barrels per day.”
His Advisor: Al-Sudani Will Go To Washington To Enhance Strategic Cooperation
Political | 02/25/2024 Mawazine News – Baghdad, the political advisor to the Prime Minister, Fadi Al-Shammari, confirmed that preparations have begun for the visit of the Prime Minister, Muhammad Shia Al-Sudani, to Washington.
Al-Shammari said in a televised interview followed by Mawazine News, “Iraqi diplomatic teams are working to organize the Prime Minister’s visit to Washington and its agendas.”
He added, “The political file and the nature of the partnership will be the priority in the discussion between Iraq and America,” noting that “the Iraqi embassy in Washington is active and is continuously supplied with files.
He pointed out that “Iraq has activated its relations with European countries and with China and is working to diversify its political and economic relations.” Pointing out that “Iraq wants to diversify the space of external openness and establish balanced relations with everyone.”
https://www.mawazin.net/Details.aspx?jimare=242741
Foreign Ministry: Sudanese Will Raise The Issue Of Withdrawal Of American Forces During His Visit To Washington
Political | 02/25/2024 Mawazine News – Baghdad The Minister of Foreign Affairs, Fuad Hussein, confirmed the continuation of negotiations with the American side regarding the presence of international coalition forces in Iraq.
Hussein said, “The negotiations are continuing and the second round has ended, and we hope to have other rounds.”
It is also possible that there will be a round of discussions in Washington during the visit of the Iraqi Prime Minister, Muhammad Shia al-Sudani, to the United States, according to Hussein.
And last January 25, The Iraqi Ministry of Foreign Affairs announced the success of the negotiations between the Iraqi and American governments, which began in August 2023, to formulate a timetable specifying the duration of the presence of international coalition advisors in Iraq and ending the military mission of the coalition against ISIS. https://www.mawazin.net/Details.aspx?jimare=242737
The End Of The Second Round Of Negotiations Between Baghdad And Washington For The Withdrawal Of The Coalition… And Iraqi Hopes For Another
Time: 02/25/2024 20:09:57 Read: 1,339 times {Politics: Al-Furat News} Foreign Minister, Fouad Hussein, announced today, Sunday, the end of the second round of negotiations between Baghdad and Washington regarding the presence of international coalition forces in Iraq.
Hussein said, in a press statement, “The negotiations are continuing and the second round has ended, and we hope to have other rounds,” without revealing the results of the last two rounds.
It is also possible that there will be a round of discussions in Washington during the visit of Prime Minister Muhammad Shiaa Al-Sudani to the United States, according to Hussein.
On January 25, the Ministry of Foreign Affairs announced the success of the negotiations between the Iraqi and American governments, which began in August 2023, to formulate a timetable specifying the duration of the presence of international coalition advisors in Iraq and ending the military mission of the coalition against ISIS. LINK
Provoking Points To Ponder on Change and Transience:
A permanent state of transition is man’s most noble condition. – Juan Ramon Jimenez
Change is not made without inconvenience, even from worse to better. – Richard Hooker
All things are subject to change, and we change with them. (Omnia mutantur, nos et mutamur in illis.)- Anonymous
If you want things to stay as they are, things will have to change. – Giuseppe di Lampedusa
The days come and go like muffled and veiled figures sent from a distant friendly party, but they say nothing, and if we do not use the gifts they bring, they carry them as silently away. – Ralph Waldo Emerson
http://famousquotesandauthors.com/topics/change_and_transience_quotes.html