Frank26

Article:  “Trade confirms the preference of local companies in contracts and credits”  Quote:  “Iraq is open to the world”  Oh my goodness!  If that is not the definition of Article VIII then I don’t know what else is…You know they’ve been Article VIII for a very long time.  You know they’ve been out of Chapter VII for a very long time…now the fact that the contracts are being rewritten?  Wow.  I wonder why?  Because they were rewritten in the Iraqi dinar.  Wow.  I wonder why?  Because the Iraqi dinar will be at a new exchange rate.