Wednesday, February 8, 2012

Iraqi economy needs to support greater regional

02/07/2012

Iraq's parliament met again last week after the termination of the existing Iraqi boycott of its meetings. It seems that the political crisis on its way to the solution, and now the parliament resumed its activity, and all eyes turn towards the discussion of the annual budget and which will reveal about Iraqi federalism and economic tensions existing in the country. After nearly a decade the fall of Saddam's regime, is still the Iraqi economy in volatility, and even today did not reach political agreements to the economy is immune, and economic measures are important and the most important of all, decentralization policies to resolve the negative impacts as a result of economic programs that were adopted by the Baath Party in the provinces and stimulate the economy idle for the oppressed provinces, procedures that were raised were either not integrated or are neglected within the stages of implementation deferred. For more than four years, I followed the Iraqi government economic policies depends on the strategy of the central administration strict mocking the country as a whole for the benefit of Baghdad, The development plan, national year 2014-2010 and analysis of the Iraqi economy over the past forty years earlier, to the great variation between the capital and the rest of the country in education, health, employment, combat illiteracy and other development indicators.

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World Bank calls for Iraq to activate single-window system to promote investment in the country

08/02/2012

Baghdad, February 8 (Rn) - The World Bank, the Iraqi government to activate the single window system and the formation of a committee of senior staff to facilitate the entry of foreign companies in order to promote investment in the country.

The expert at the World Bank Majid picture, told the Kurdish news agency (Rn) announced today that "the Iraqi government request to activate a single window that is enshrined in the investment law, and the formation of a higher committee will be for its members the ability to make decisions, that includes the ministries, and investment authorities in the provincial councils," .

And watching the World Bank process development and investment in the country by a team of experts headed by Iraq's economic Majid picture.

He added that "most of the obstacles facing investment projects, the lack of attractive investment climates, including the fragility of the security situation and infrastructure, and the inability of legislation on the application and the loss of the investment climate in the country."

He explained that the picture of "Prime Minister Nuri al-Maliki's demands to form a single window, and start working to implement investment projects in the budget in 2012."

The Commission announced the economy and investment representative, earlier, support for the government directions aimed at an amendment to the Investment Law No. 13 in force for the year 2006, indicating that the problem of land acquisition by the investor is still the problem is more complex.

And Iraq admitted in 2006, Law No. 13 for investment to encourage foreign companies to enter the country and to contribute with the government's efforts to rebuild crumbling infrastructure due to war and siege.

And the First Amendment, conducted by Iraq to the law in 2009 allowed the foreign investor the right to own land and property belonging to the state allowance determined in accordance with special regulations, and has also the right to own land and property belonging to the mixed and private sectors for the purpose of the establishment of housing projects.

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Deputy of the State of Law will be put through the National Conference of the Convention on the security ministries Erbil name only



Baghdad (news) .. According to a member State of Law Coalition MP / National Alliance / Mansour al-Tamimi, that one paragraph will be during the National Conference of the Convention on Arbil, a designation of the security ministries.
Timimi said in a statement (of the Agency news) on Wednesday: The Convention on the Erbil carried out was the election of the three presidencies (the Republic, Ministers, House of Representatives) and the formation of the government and the Iraqi List, participate effectively, stressing that one paragraph will be during the National Conference of the Convention on Erbil, a term ministries security, and the great part to delay the label borne by the Iraqi National List for submission of candidates covered by the procedures of the accountability and justice, and some of them withdrew her candidacy.

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Outweigh the legal parliamentary approval of the amnesty law with the financial budget



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The independent Iraqi news agency / Baghdad / n. U .. A member of the legal Paradise MP Mahmoud al-Hassan said the Legal Committee examined the draft general amnesty law was transferred to the presidency of the Council for inclusion on the agenda, likely passing of the bill with the financial budget for the current year 2012 one basket.

The MP added to the reporter (and independent Iraqi news agency) announced today that the amnesty law has been studied in detail by the parliamentary legal committee, explaining that The Committee turned to the draft project Presidency of the Council of Representatives to be included within the controversial work of Council meetings.

He guessed that Be a general amnesty law was passed in sync with the approval of the financial budget for the current year 2012)


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Iraq starts exporting oil from the new port in ten days



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The independent Iraqi news agency / Baghdad / a. M .. She said the South Oil Company owned by the state on Wednesday that Iraq will begin to download the first crude from a new port for the export of oil south of the country within ten days.

The deputy director of the Southern Oil Company Faisal behind the reporter (and independent Iraqi news agency) Iraq will begin to download the raw of the first new port to export oil to the Gulf within ten days after delaying the bad weather and technical problems it starts.

It was first scheduled to open the port in January but the date was postponed to the end of the pipe joints and testing of terrestrial and marine sectors. Behind and when asked about the date of commencement of export of the first mono-buoy laying replied "maybe in a week or ten days."

Iraq produces about three million barrels of oil per day, while exports amounted to last year's 2.165 million barrels per day on average is expected that the volume of exports this year, 2.5 million barrels per day, on average, according to government data.

Iraq is a member of the Organization of Petroleum Exporting Countries and has the fourth-largest oil reserves in the world, and entered into agreements with international energy companies to raise production to 12 million barrels per day by 2017.


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Washington plans to reduce diplomatic presence in its embassy in Baghdad and recruitment of a number of Iraqis in



Washington plans to reduce diplomatic presence in its embassy in Baghdad and recruitment of a number of Iraqis in

U.S. State Department confirmed that the administration of President Barack Obama plans to reduce the size of the diplomatic presence in the U.S. Embassy in Baghdad and the recruitment of a number of Iraqis in it.
Said State Department spokeswoman Victoria Nuland said Washington wants to reduce the expenses of the work of its embassy in Baghdad, especially through the replacement of staff from Linkprivate companies, however, local labor is cheaper, indicating the desire of her country in dealing with the crew of a local Iraqi, and confirmed Noland said that Washington will adapt in today's Iraq and be able to Management diplomacy firmly and effectively over, refusing to comment on the information published by The New York Times suggesting that the half of the employees at the embassy are interested in these deductions.
The U.S. Embassy is one of the largest embassies in Baghdad and has a staff of around 16 thousand people.

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Kuwait's cabinet to be announced next week

February 8, 2012

Manama: Kuwait's cabinet could be announced by the middle of next week, the information minister has said.

"The sons and daughters of Kuwait last week made their choice for the parliament," Shaikh Hamad Jaber Al Ali said.

"We expect the government will be formed and announced by the middle of next week," he said as he inaugurated on Tuesday evening an art exhibition.

The government resigned on Sunday after overseeing the parliamentary elections on Thursday, and the Emir Shaikh Sabah Al Ahmad Al Jaber reappointed caretaker Shaikh Jaber Al Mubarak Al Sabah, who was appointed premier in November amid intense political turmoil, to form the new cabinet.

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