Frank26: Yes …….. Please come in to Iraq you International World of fools that cannot see we are with NO LIQIDITY ……… An INSULTING Currency exchange rate of 1166 where we guarantee You will LOSE not PROFIT with us!!! How’s that for incentive and motivation to INVEST in Iraq ………. (See Article Below)
WE RIP YOU OFF is our motto. COME COME one and all to fail all……….. We are a non discriminating country that will screw anyone with our FALSE hope of making money with us. We specialize in lies and offer many more illusions of progress.
Or. Come on in …………. “We are very close” …………. Wanna see?
Walkingstick: Saturday, October 31, 2015
With the participation of 22 countries and 590 international companies Baghdad exhibition opens its 42nd day on Sunday
BAGHDAD / Baghdadi News / … the Ministry of Commerce announced on Saturday that the cadres of the General Company for Trade and Services Iraqi completed all technical and administrative procedures for receiving countries and companies involved, as well as the allocation of 250 million dinars to set up the exhibition,
The ministry drew in a statement / Baghdadi News received / copy of it, that “the opening of the session 42 to the Baghdad International Fair will be, on Sunday, with the participation of 22 countries and 590 from local, Arab and foreign companies, including (Russia, Germany, Japan, Syria and Tunisia).”
“The exhibition will reap profits through participation and sales companies direct as well as open trade prospects and economic with the Arab States and the world,” pointing out, “The new session of the Baghdad International Fair will be distinguished by the participation of more than 22 countries as well as possess significant economies of a number of joint stock companies in its activities, which will showcase the global industrial and technological products and private investment and reconstruction projects as well as projects relating to infrastructure and the agricultural sector. ” It ended 21 T.
dnari131 » Iraqi FM says Erbil-Baghdad oil agreement vital
By Rudaw 29/10/2015
ERBIL, Kurdistan Region- Iraq’s Minister of Finance Hoshiyar Zebari told the Reuters news agency on Wednesday that restarting the oil-sharing agreement between Baghdad and Erbil was vital for the 2016 national budget, expressing hope that a delegation from the Kurdistan Regional Government (KRG) would help reach an agreement.
“If we can get the KRG-Baghdad oil [agreement] reinstated again and both sides to implement it in good faith, I think we can succeed this year,” Zebari said in an interview for the Reuters Middle East Investment Summit.
The Reuters report said “Iraq’s national budget proposal for 2016 envisages expenditure of about $95 billion with a nearly $21 billion deficit; that compares with original projections for this year of roughly $105 billion of spending and a $22 billion deficit. Oil accounts for over 80 percent of Iraq’s fiscal revenues, but crude prices have more than halved since mid-2014.”
But Zebari praised the government’s effort to rein in spending and said only 60 percent of the 2015 budget would be spent by year’s end.
“We’ve really imposed very stringent controls over all the ministries and the government departments in order to overcome this crisis.”
The stalled oil agreement has been a burden on the finances of both Baghdad and Erbil. The deal stated that the KRG would transfer up to 550,00 barrels per day to Iraq’s state oil company in exchange for 17 percent of the overall Iraqi budget.
The KRG stopped its transfers in June claiming Baghdad had not handed over the earmarked portion of the budget and has sought independent sales through Turkey.