Member of Finance Committee: open letters of credit best way to save the value of the dinar

 Sun 06/03/2012

Baghdad (news) .. Praised the Finance Committee MP / National Alliance / Abdul-Hussein al-Yasiri, in a way to open letters of credit instead of foreign exchange of currencies used by the central bank to maintain the value of the dinar against the dollar.
Yasiri said (of the Agency news) said on Sunday: The Central Bank began to take even good steps to restore the value of Iraqi dinar and to maintain its price in front of hard currency through the grant authority to sell hard currency for a number of commercial banks in addition to that action will be taken to open letters of credit instead of foreign exchange of currencies.

He explained: that the way the opening credits would force traders to open the adoption of their own by commercial banks, whether governmental or private, and puts the insurance, so it is when you want to import goods from abroad opens depending instead of money transfer to ensure the receipt of goods to the country and high specifications and to avoid funds out of the country without import.

He added that the purpose of taking such action by the Central Bank in order to preserve the value of Iraqi dinar, because when you reduce the central from the sale of hard currency will lead to increase in value with a lower exchange rate of the dinar.

The central bank has announced the start of opening letters of credit instead of foreign transfers of funds difficult for Iraqi banks two branches of public and private. / Finished / 8. D. Q /

 

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Vice with him: the Kurdistan Alliance will convince Talabani to withdraw confidence from the Maliki

 Sun 06/03/2012

Baghdad (news) .. MP for the / Kurdish coalition blocs / Haji Mahdi, that the members of the Kurdistan Alliance will present signatures of no confidence in Prime Minister Maliki to the President to persuade him to withdraw confidence in order to complete a sufficient number according to the Iraqi constitution.
Said Haji (for the Agency news) on Sunday: The president, Jalal Talabani, submitted a request for withholding confidence from Maliki to the House of Representatives in accordance with Article (67) of the Constitution which provides for the President of the Republic to its core functions is to maintain the unity of Iraq as well as maintain the Constitution and its application.

He added: After the collection of signatures are submitted to the House of Representatives and this is how a constitutional, democratic, we must exercise this national culture and constitutional order to save Iraq from the subsequent crises if full consensus of political forces, not to withhold confidence from al-Maliki may be in accordance with the Constitution.

He pointed to: that the declaration of no confidence will be delayed a bit because there are members of the House of Representatives in the legislative recess, but this must wait a little bit in order to save the new legislative council to dismiss him and then submit it. / End / 12. D. Q /

 

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Deputy: Iraq has made several obstacles away from the World Trade Market

  Sun 06/03/2012

Baghdad (news) .. Most likely a member of the Economic Commission for Parliament MP / National Alliance / Amer Jassim winner, Iraq's accession to the WTO during the next two years, confirming the presence of several obstacles have made Iraq away from the world trade market.
The winner (of the Agency news): The Iraq's accession to the WTO needs to stabilize the economic and political in the country, noting there are constraints have made Iraq away from her Ktzbzb the local currency against hard currencies as well as the lack of resolution of the project to delete the three zeroes from the currency.

He pointed out: that non-rising standard of living of the Iraqi people, including qualifies cancel the ration card is the other blocked the entry of Iraq into the WTO, global trade because the market does not recognize the government support being linked to other countries and the ration based on government financial support.

He added that bilateral differences between the Governments of Arbil and Baghdad, with respect to oil and gas also deprived Iraq of accession, in addition to the unstable political situation in the country, all of which made Iraq away from world trade, saying it needs to be enough time maybe two years in order to Iraq will be eligible to join the joined the World.

And established the World Trade Organization in 1995, and is one of the smallest organizations the world lived as the WTO is the successor to the General Agreement on Tariffs and Trade (GATT), which was established in the wake of World War II, and its primary goal is to help the flow and the flow of trade Bslaslh and freedom.

Include the World Trade Organization (WTO) more than (140) members representing more than (90%) of the WTO. / Finished / 8. N. R /

 

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Ashour Hamid Najafi will invite members of the House of Representatives hearing this week to withdraw confidence

Sun 06/03/2012

Baghdad (news) .. MP for / coalition in Iraq / Ashour Hamid, that this week will see the convening of a special meeting of the House of Representatives to withdraw confidence from the Prime Minister, pointing out that in the event of the use of Maliki's security file, to put pressure on the political blocs to back down on its decision will be surprise for all.
Hamid said in a statement (of the Agency news): The use of Prime Minister Nuri al-Maliki's security file, to put pressure on the political blocs to back down on its decision to withdraw confidence he will be a surprise to all, because this file is not used for political purposes, but is used to maintain the security of the citizen and the country is either used for political purposes, the topic becomes greater than the no-confidence.

He added that the political blocs, which met in Erbil, Najaf and took the final decision to withdraw confidence from the al-Maliki, which has not taken this decision only after they have filled out to complete the planned number of no confidence.

He said the Attorney for the coalition in Iraq to: House of Representatives that the President will invite Osama Najafi this week to hold an emergency session of the House of Representatives for a vote to withdraw confidence from Maliki.

The spokesman / coalition in Iraq / Maysoon al, demanded the prime minister to resign from his post in order to preserve his dignity, noting that people want to change the government for not providing services and the continuing security breaches, saying (the news): Prime Minister Nuri al-Maliki to resign from his post in order to preserve dignity and the dignity of people, especially as there is national consensus on the withdrawal of confidence from. / Finished / 2. n. r /

 

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Vice Kordstani: Article (140) and talk about the constitutional deadline just a "media consumption"

 Sun 06/03/2012

Erbil (news) .. Criticized the MP / Kurdish coalition blocs / Khalid Shwani, the performance of the Maliki government, noting that they were not successful in the consecration of national partnership between the components of the people did not abide by the agreements concluded, so I decided to withdraw most of the political blocs confidence.
Shwani said (of the Agency news) on Sunday: The political process will go through a new phase of meetings to develop mechanisms to resolve the crisis, noting that all the solutions will be in the framework of the Constitution.

He added that the government were not successful achievement of the principle of national partnership between the components of the people and also has not adhered to Baltuaqat political, although there were greater opportunities for Prime Minister Nuri al-Maliki, investing and deepen the principle of partnership and the distribution of powers and restore confidence between the parties to have reached the crisis until now.

As for the statements made by some MPs about the article (140) of the Constitution expired Shwani pointed to: that the article (140) unconstitutional and can not any politician in the executive branch to evade the application, describing the remarks as "media consumption".

The political scene deep differences between most of the blocks, and worsened between the State of Law coalition and the Iraqi List, on the one hand and the Kurdistan Alliance on the other hand, at the time held by President Jalal Talabani, a series of meetings in an effort to resolve the crisis, without being clear what has been reached during these meetings. / Finished / 2. for. m /

 

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Foreign relations call for the development of iraq banks through the agreement with the united states

06/02/2012

BAGHDAD / JD / .. called for a parliamentary Foreign Relations Committee, the United States to support the financial side and the Iraqi banking technology through the development of banks in Iraq and human development. A member of the Committee and MP for the Rafidain List mainstay John's / JD / "The strategic agreement between Iraq and America's support included the economic, cultural and military, including the banking sector, which needs to introduce new developments of the Iraqi banks." John explained that "Iraq needs to technological development in the banking sector, in addition to working in the human development banks", Mtdarka "The staff and management of the banks have the expertise and service, but old in the banking, which was ruled by a centralized manner." And noted a member of the parliamentary Committee of Foreign Affairs and MP for the list of Mesopotamia that "the country needs the support of the United States and European countries the economic side of Iraq." The Iraqi Finance Minister Rafie al-Issawi received U.S. Ambassador to Iraq, ended its James Jeffrey and discussed economic issues in addition to the current political situation. The financial press release, received / JD / copy, "said al-Issawi and Jeffrey received a number of accompanying him from the U.S. Treasury at the end of his mission in Baghdad." She pointed out that "the two sides reviewed the economic and financial issues related to the work of the Ministry of Finance of Iraq." The ministry said "the two parties stressed the importance of developing the banking sector and the country's financial support of the U.S. Treasury and the World Bank." It noted the Iraqi Finance Ministry in its statement that "the two sides discussed developments in the current political crisis, and stressed the need to resolve contentious issues between all the political components through constructive dialogue and stay away from situations convulsive that increase the complexity of the political process in Iraq." / Finished / Nazik Mohammed Khadi

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