Wednesday, July 25, 2012

Disclose the substance of Obama's message to the owners: free in our decisions and we invite you to pass a law for the oil and gas

 July 25, 2012

Twilight News / Kurdish newspaper, Wednesday, pleading for the content of the message sent by U.S. President Barack Obama to Prime Minister Nuri al-Maliki.
The newspaper reported that the letter included the signals is addressed by the Iraqi officials, noting that Obama stressed to Maliki that U.S. companies free in its decisions, and urged him and other parties to seek a law to approve the oil and gas investment oil codified.
The newspaper "dress" the Kurdish text of the letter seen by the "Twilight News", which states, citing Obama's "I appreciate the importance of the role of oil in the well-being of Iraq and its people, and the most valuable steps that pace Iraq to increase oil production, which is a source of security of world energy."
Obama said that "the Government of the United States happy with the participation of Iraqis in solving these problems through the Commission for joint cooperation in the field of energy to communicate with the Iraqis to achieve prosperity and solving problems," stressing that "the United States supports the ongoing peaceful solution and the constitutional problems specific to the joint management of natural resources in Iraq. "
Obama noted that "Our administration will continue to encourage all parties to the dialogue on this issue, is not this only through the good will as you suggest you are in your letter," noting that "he had informed U.S. companies and will continue to inform it that the signing of contracts for the exploration and production of oil with the territory of Iraq without approval of the federal authority of these companies presents a risk of illegality is expected. "
Obama said "We understand also the nature of the constitutionality of existing problems, as Ttrguetm to in your letter, concerning contracts for the disputed areas are working on the Kurdistan Regional Government," stressing that "these contracts will be through the ranges wider cause of instability in political terms."
He said Obama "We put forward our point of view on the Iraqi officials and neighboring countries, and also will put it on the companies engaged in this trade," stressing that "the private sector companies in the United States free in its decisions are generally beyond the control of the U.S. government."
He went Obama saying "the business carried out by U.S. companies is not necessarily a reflection of U.S. policy, so that was not compatible with the policy of our Government in certain cases."
Obama called the Iraqi government and the Kurdistan Regional Government to "make more efforts to reach for the formulation of the law of oil and gas allows an investment legal and integrated approach to energy sources in the province of Kurdistan," and expressed his belief that "the solution to this problem will provide a better atmosphere for investment and stable it will be useful for all Iraqis in all across the country, and also will cause the improvement of the political situation in Iraq and strengthen its unity. "
He noted Obama said that "my Government and my colleagues at the U.S. embassy in Baghdad are making utmost efforts to cooperate on access to the law of oil and gas," calling at the same time, "all parties that are in my time management appropriate to the current problems that resulted from the agreement of companies with the Kurdistan Regional Government."
Obama concluded his letter by emphasizing that "this is what it will make it easier for the Kurdistan Regional Government to be able to access the level of the best in the business that achieve benefits for all in the future and create the confidence to reach a broader agreement."
The Iraqi government has announced, last week, for receipt of Prime Minister Nuri al-Maliki, a letter from U.S. President Barack Obama on the activity of Exxon Mobil in the Kurdistan Region of Iraq, describing the letter as "positive and convincing," while stressing the importance of company's commitment to its obligations and the recommendations of the Iraqi government and the American administration to them., according to a government statement.
The statement added that the letter of response emphasizes respect for the Constitution and laws of Iraq and in the same direction sought by the Iraqi government, reiterating the need for the company's commitment to their obligations and the recommendations of the Iraqi government as well as the recommendations of the U.S. administration in this regard have to take a decent role in the Iraqi oil industry.
The statement pointed out that otherwise the government will take all necessary measures to enforce the law and prevent the company from the implementation of those contracts.
And conflict going on for a long time between the central government in Baghdad and Erbil on oil fields in the Northern Territory, where Baghdad is a contract signed between the KRG and international oil companies illegal.

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Deputy Governor of Central Bank: the project (split national) is important and does not need to legislate a special law by the

 25/07/2012

Baghdad (news) .. The Deputy Governor of the Central Bank of the appearance of Mohammed, that the draft (National divider) between the banks do not need to enact a law, likely implemented early next year after completing the procedures relating to it.
Saleh said (of the Agency news) on Wednesday: The law of the Central Bank allowed the central issue regulations and regulations concerning the payments system and their own projects as a divided national linking all government banks and private communications network standard, therefore, divided the national does not require new legislation of its own.

He added that the implementation of the project is very important because it will facilitate the work done by the banking period and will promote the system of credit cards, for confirming the agreement between the banks linked to a unified communications network, and will be contracted with an international company specializing in project management and follow-up under the supervision of the Central Bank.

The central bank announced earlier in the negotiation with the Association of private banks to start establishing new electronic system called (split national) banks or telephone where the link all banks Iraqi government and private network unified communications are managed by a specialized international company to facilitate banking operations. / Finished / 8 . d. Q /
 

Expert: closing banking offices are contrary to the instructions for making Salem to deter money laundering and the smuggling of currency

 25/07/2012

Baghdad (news) .. Praised the economic expert, Ibrahim al-Mashhadani, the procedures for the closure of the Central Bank (190) Office of banking irregularities result in the transfer of hard currency.
He said al-Mashhadani (of the Agency news) on Wednesday: The holding of the Central Bank made a sound, well-to deter the smuggling of hard currency and the reduction of the process of money laundering, adding that these offices have become channels of serious requiring her attention because they affect the amount of the dollar in the market and raise the value of in front of the dinar.

He added the central bank should identify and monitor ports are limited to take out the dollar in order to maintain its value against the dinar, and the development of severe penalties for perpetrators of violations of the law.

He pointed out: that the granting of leave to open banking offices must be preceded by harsh conditions by the central bank and include penalties if it violates these terms and give them freedom to act in foreign currency because it is an important factor in the economy of Iraq.

He explained: banking offices make it easier for citizens financial matters away from the routine, but that the legal work does not harm the economy of the State. / End / 21. D. Q /
 

Approval to pay $ 500 million to resolve the problem of Kuwait Airways



07/25/2012


Approval to pay $ 500 million to resolve the problem of Kuwait Airways









Approval to pay $ 500 million to resolve the problem of Kuwait Airways

BAGHDAD / JD / .. Iraq agreed to pay $ 500 million to Kuwait to settle the problem of the airline.
He said government spokesman Ali al-Dabbagh said in a statement received a JD / copy of it: that the Council of Ministers approved in its session the usual thirty-second of an amicable settlement signed between the Iraqi Transport Minister and Minister of Communications of Kuwait to resolve the problem of Iraqi Airways and recommend to the House of Representatives for the allocation of $ (300) million within the budget in 2012 and (200) million in the budget in 2013. "
He was an adviser to Prime Minister revealed last March that Iraq had reached an agreement worth $ 500 million with Kuwait to settle debts dating back to the Gulf War was to prevent Iraqi Airways flights to the West.
Ali al-Moussawi, a media adviser to Maliki that Iraq would pay under the agreement $ 300 million in cash to Kuwait and will invest another $ 200 million in airline Kuwaiti-Iraqi operation.
He added that Kuwait in return will stop the legal proceedings against Iraqi Airways. In 2010, Kuwaiti lawyers tried to detain an aircraft belonging to the Iraqi lines in the first flight to London for over twenty years. / Finished / 22 /

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