More Iraqi News Tuesday PM 8-17-21

More Iraqi News Tuesday PM 8-17-21

TLM724 Administrator BondLady’s Corner

Iraq And Jordan Determine The Steps To Establish The Economic City

Money  and business  Economy News _ Baghdad  On Tuesday, Jordanian media reported that Jordan and Iraq discussed the necessary work mechanisms for the joint economic city project after completing the allocation of land from both sides to establish the city.

According to the Jordanian “Kingdom” TV, the two sides confirmed during a meeting held remotely via “video conference” headed by the Minister of Industry, Trade and Supply Maha Ali on the Jordanian side, and the Iraqi Minister of Industry and Minerals Manhal Aziz Al-Khabbaz, in the presence of a number of officials from the two countries and members of the Supreme Steering Committee, that "This project, which comes within the framework of bilateral cooperation projects between Jordan and Iraq, aims to enhance bilateral cooperation in various economic fields and contribute to achieving integration in a number of sectors that will benefit both parties."

A TV report indicated that the subsequent steps for this project were identified, which will be elaborated through the meetings of the technical committees from both sides, which will be held in Amman next week.

Informed sources indicated that a clear work plan will then be developed and an agreement will be made to unify procedures, work mechanisms, privileges and legal frameworks, in preparation for tendering feasibility studies and the necessary operational procedures for the project after the Iraqi side finishes allocating the necessary plot of land for the city, and the Jordanian side preceded that.

For his part, the scientific advisor to the Iraqi Ministry of Industry and Minerals said that he discussed the final amendments to the memorandum of understanding with Egypt and Jordan.

Ammar Abdullah Al-Janabi said in a statement that he held a joint meeting with the Egyptian Undersecretary of Industry and Trade and the Assistant Secretary-General for Technical Affairs in the Jordanian Ministry of Industry, Trade and Supply, and via closed-circuit television, to put the final amendments to the memorandum of understanding between Iraq, Egypt and Jordan to be signed in the Hashemite Kingdom of Jordan within a month. next September.

The meeting, according to Al-Janabi, included extensive discussions on the clauses and items of the memorandum of understanding between the three countries and the development of appropriate visions and mechanisms for coordination in the field of industrial integration, where amendments were made to some clauses of the memorandum.

The advisor stressed the importance of industrial integration between countries, provided that it be thoughtful and coherent to establish an integrated industrial force, pointing to the need to expedite the achievement of concrete steps in order to submit them to His Excellency the Minister of Industry and Minerals and send them to the General Secretariat of the Council of Ministers for information and opinion. Views 116 Date Added 08/17/2021   https://economy-news.net/content.php?id=26008

Al-Najjar: Cabinet Decisions Send A Message Of Reassurance To Investors Wishing To Enter The Mosul Market

Money  and business   Economy News _ Baghdad Head of the National Investment Commission, Suha Daoud Najjar, said that the decisions taken by the Council of Ministers in its regular session held yesterday, Monday in Nineveh Governorate headed by Prime Minister Mustafa Al-Kazemi, send a message of reassurance to investors wishing to enter the Mosul market and aim to encourage investment in the province.

Najjar, who attended the meeting of the Higher Committee for the Reconstruction of the province yesterday in the city of Mosul, which was chaired by Prime Minister Mustafa Al-Kazemi, stated, "The commission will work with the committee and in cooperation with the relevant ministries and government institutions to complete these decisions within the prescribed period."

And she called for concerted efforts for the reconstruction of Nineveh Governorate, which enjoys attractive elements for investment, foremost of which is its geographical location, its historical dimension, and its natural and human resources.

For his part, Chairman of the Nineveh Investment Commission Medhat Al-Ani confirmed that the holding of the cabinet session in Mosul and the visit of the head of the National Investment Commission to the province will push the wheel of investment in the city and encourage capital to participate in the investment process, referring to the Cabinet’s decision to allocate the remaining space from Ghazlani camp to the municipality Mosul, (after transferring the ownership of an area of ​​(3000) dunums of it to the Ministry of Defense to establish a large residential, recreational, and commercial investment project that will be presented in the form of investment opportunities in accordance with the amended Investment Law No. (13 of 2006). Views 92 Date Added 08/17/2021   https://economy-news.net/content.php?id=26013

Oil Prices Fall On Fears Of Slowing Fuel Demand

Economie| 09:59 - 17/08/2021  Follow-up - Mawazine News:  Oil prices fell, on Tuesday, slightly, as expectations that major producers will not boost supplies any time soon, were met by fears of slowing global demand for fuel amid rising infections with the Corona virus.

Brent crude fell to $69.49 a barrel, after rising to $69.77 earlier in the session.

West US Intermediate crude fell 3 cents, to $67.03 a barrel.

Prices recovered from the previous day's losses in early trading after OPEC + sources said that the Organization of the Petroleum Exporting Countries and its allies believe that oil markets do not need more crude than they plan to release in the future, despite pressure from the United States to add supplies to prevent Oil price hike. Ended 29/A4   https://www.mawazin.net/Details.aspx?jimare=164147

Wasat Oil: Electricity Plants Depend On Gas By 70%

Electric  station  Energy   Economy News – Baghdad  The assistant director of the Central Oil Company, Kaddouri Abdel Salim, announced that the power stations depend on gas by 70%.

Abdul Salim said, "The biggest challenge facing Iraq today is that most electrical stations may reach 70% depend on gas, and therefore the failure to invest this national wealth means continuing to import gas to sustain the work of electric power plants, and this drains huge funds from the state budget in Our country is in dire need of optimal investment of all natural resources."

He added that if the gas wealth is optimally invested, it will equal or exceed the revenues of oil exports, noting that

the Central Oil Company has contracted with a Chinese company to develop the Mansourieh gas field, which has a production capacity of 300 million standard cubic feet.

And he indicated that "Iraq will soon join the list of large countries after it invests its gas wealth in an optimal manner."   Views 34 Date Added 08/17/2021     https://economy-news.net/content.php?id=26010

Is The Turkish Military Presence In Iraq Related To Deterring The Attempt To Establish A Kurdish State?

2021/08/17 19:30  number of readings 154  Section : file and analysis  Baghdad / Obelisk: Muhammad Wadhah wrote.. The agreement signed by Prime Minister Mustafa Al-Kazemi with US President Joe Biden, during his visit to Washington, included ending the combat missions of the US forces at the end of this year 2021.

The agreement between Iraq and the United States included the evacuation of all foreign forces from Iraq that joined the international military coalition, which was formed to fight the terrorist "ISIS", at the request of the Iraqi government, months after the organization's militants controlled a third of Iraq in June 2014.

But the Iraqi government did not indicate that (the agreement to evacuate military forces from Iraq) clearly and publicly ends the Turkish military presence in the north of the country, which Baghdad has always described as a violation of Iraqi sovereignty!

The size of the Turkish presence in northern Iraq

Turkey has 37 military sites in Iraq, divided between military bases and points, extending from the outskirts of the city of Erbil through the Soran region, and not ending at its large base in the Bashiqa district of the city of Mosul, in addition to the military invasions and air raids it launches from time to time on The villages of the Kurdistan region adjacent to the Turkish border.

Turkey invokes its military presence inside Iraqi territory, that it comes in order to hunt down the Kurdistan Workers Party (PKK) in coordination with the regional government, which often causes the death and injury of civilians, in addition to emptying dozens of villages and destroying and burning large areas of farms and forests within the borders of the Kurdistan region, and this matter Continuing without stopping Turkey from any Iraqi threat or condemnation, whether from the federal government or from the region!

Does the agreement include the Turkish presence?

In an attempt to understand the nature of the Turkish military presence in northern Iraq, and whether it was included in the agreement to withdraw foreign forces from the country at the end of (December 2021), the Al-Fateh Alliance - the most prominent political forces calling for a foreign exit from Iraq - sees that the Turkish military presence in northern Iraq represents an occupation

The same is true of the American presence, even though the American presence was at the request of Iraq!

The spokesman for the Al-Fateh Alliance, Representative Ahmed Al-Asadi, explained that "the Iraqi parliament's decision, which was voted on at the beginning of 2020, includes the expulsion of all foreign forces from Iraq, including the Turkish military forces, because it did not come with a request, approval, decision, or under any legal cover."".

Al-Asadi considered that focusing on ending the presence of US forces in Iraq does not mean condoning the Turkish occupation, ruling out the need for a new parliamentary decision to remove Turkish forces from the north of the country, given that the parliament’s recent decision regarding the evacuation of foreign forces from Iraq did not specify any forces. Therefore, the Turkish forces, like the American forces, are covered by the agreement to end the presence at the end of the current year 2021.

The most important question remains about the possibility and ability of Iraq to end the Turkish military presence in the north of the country, given that the other foreign military presence is capable of it, which was to help Baghdad in its war against ISIS, and this is what is no longer needed, unlike the Turkish presence,

which is related to many issues On its (military) appearance, ending the PKK threat to (Ankara) and in its (political) dimensions does not hide Turkey's concerns about any Kurdish aspirations for independence from Iraq and the declaration of a Kurdish state.

https://almasalah.com/ar/News/213367/هل-الوجود-العسكري-التركي-في-العراق-له-علاقة-بردع-محاولة-اقامة-دولة-كردية

 

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