KTFA:
Henig: The PM directs the Ministry of Electricity to contract with sober international companies.
Baghdad / NINA / – The Prime Minister, Muhammad Al-Sudani, instructed the Ministry of Electricity to contract with international companies.
A ministry statement quoted Electricity Minister Ziyad Ali Fadel as saying: The Prime Minister directed that the contracts of the Ministry of Electricity be with reputable international companies.
He added: Our ministry is preparing for this transformation and developing strategic plans to implement it.
He continued: The ministry will witness the signing of major international companies in the field of electricity.
The minister had signed an agreement with the German company Siemens on the sidelines of the Prime Minister’s visit to Germany. LINK
Henig: Iraq is studying the application of the “TIR” system.. What are its economic gains?
Economy News – Baghdad
The National Committee to Facilitate the Movement of Transport and Trade in the ESCWA Region of the Ministry of Transport discussed with the General Company for Land Transport the procedures for applying the international (TIR) system, the movement of trade between exporting and importing countries on the territory of Iraq, while clarifying its advantages and economic gains.
Committee member Abdul Hassan Al-Ziyadi said in a statement to the official news agency, “We met with the assistant general manager of the company to answer all inquiries and review the latest procedures related to the application of the transit and international guarantee system (TIR) in the entry of trucks for goods, which we are studying to implement in Iraq.”
He explained, “The TIR system contributes to reducing the transportation time by up to 80%, in addition to reducing costs by up to 38%, and the system is currently applied in many countries, and allows goods to be shipped from the country of origin, through transit countries to the destination country in Customs-sealed transport compartments that are tracked through a multilateral system that is recognized between the countries implementing the TIR mutually.
It is the easiest, safest and most reliable way to move goods across multiple international borders, which saves time and money for transport operators and customs authorities, in addition to being the key to faster border crossings for truck drivers, which means lower costs for transport companies and customs authorities,” he noted.
And Al-Ziyadi stated, “The TIR also contributes directly to the implementation of the main objectives of the Trade Facilitation Agreement of the World Trade Organization (TFA), such as measures aimed at enhancing transparency, goods clearance, freedom of transit, customs cooperation, and the dissemination and availability of information.” LINK
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