Iraqi Trade Minister heads tomorrow meeting of the Ministers of Finance and Economy in preparation for the Arab summit

Monday, March 26 / March 2012

Held on Tuesday in Baghdad meeting of the Ministers of Finance and Economy Arabs within the preparations for the Arab Summit Conference to be held next Thursday.

An official source said that the meeting of ministers of finance and the economy will be headed by Iraq's Arabs, who is a one-year presidency of all meetings of the Arab League.

The source added that the Iraqi Trade Minister Khairallah Babiker will chair a meeting of ministers of finance and economy, while the Arabs will be headed by Foreign Minister Hoshyar Zebari the meeting of Arab foreign ministers Wednesday in preparation for the Summit to be held Thursday, headed by President Jalal Talabani.

The source said that social and ministers of finance, economy and foreign ministers of the two great importance, as the minister will put the finishing touches on the draft agenda of the summit Pfaqrath economic and political.

The Arab economic cooperation reached an advanced stage of the establishment of the Greater Arab Free Trade, which will be completed to move to the stage of the Customs Union in 2015 which is a logical step to complete the liberation of the rest of the Arab goods from duty.

The agenda of the Ministers of Finance and Economics Forum at their meeting on Tuesday to consider procedures for the implementation of the decisions of the summits, Kuwait, Sharm el-Sheikh Alaguetsadetyn and prepare for a summit in Riyadh 2013.

According to a report, the Ministry of Commerce has prepared the economic file for the Baghdad summit includes three strategies important is the "strategic Arab tourist and mechanisms of implementation", and "strategy for water security in the Arab region to face the challenges and future requirements for sustainable development", and "the Arab Strategy for Disaster Risk Reduction" , in addition to the social profile, which includes the preparation and the preparation of the Arab Conference on the implementation of the MDGs to be held this year, and the adoption of declaration of the Fourth Arab Conference on High-Level Rights of the Child, which was held in Marrakech in 2010. / End

Link

Arab ministers of economy and their Esthlon Tuesday in Baghdad, asking three important strategies

26 March, 201

Preparing Baghdad today to receive the delegation of the General Secretariat of the Arab League of professionals, ambassadors and other staff, in addition to the ambassadors of Arab States to the Arab League with the staff of all Arab embassies and media accredited university, to follow the meeting of the Ministers of Economy and Finance Forum, which begins on Tuesday.

According to the director of economic relations in the Ministry of Commerce, "Hashim Mohammed Hatem," the ministers of finance and economy Arabs will Esthlon the activities of the Arab summit conference on Tuesday in a session chaired by the Minister of Trade, "Khairallah Hassan Babiker," discuss the economic file, which includes three strategies important is the strategic Arab tourist and mechanisms of implementation, and strategic water security in the Arab region to face the challenges and future requirements for sustainable development, as well as the Arab strategy for disaster risk reduction.
The delegation arrived in Algeria today to the capital Baghdad, headed by the Minister of Economy, "Mustapha Ben Bade," to participate in the meetings of economic ministers tomorrow, and also reached the Omani delegation headed by Deputy Foreign Minister Ahmad Al Harthy and his accompanying delegation, as well as the Lebanese delegation headed by Economy Minister "Fouad Fleifel" and the delegation Jordan, headed by the Jordanian Minister of Industry, accompanied by Deputy Minister of the Palestinian economy.

Link

Ministry of Commerce completes preparations for the meetings of Arab ministers of economy ahead of the summit

26/03/2012

The independent Iraqi news agency / Baghdad / and. Kh. The Minister of Trade Khairallah Hassan Babiker Monday to complete the completion of all preparations for the meetings of the Council on Social preparatory summit level, as he emphasized that the preparatory meeting will discuss several topics, notably the Water Security in the Arab world.

He said Babacar said in a statement issued today and received (and the Iraqi News Agency Independent) "The Ministry of Trade completed all preparations for the meetings of the Board Social preparatory to the summit level, where we Sntros meeting of the Economic and Social preparatory summit-level regular session 23 for the level of ministerial."

The Babiker that "the topics to be discussed at the preparatory meeting is the strategy of the Arab tourism and mechanisms of implementation and the strategy of disaster risk reduction, and strategic water security in the Arab world, as well as follow-up to the Arab Summit development in Kuwait in 2009 and in Sharm el-Sheikh 2011 and up to the summit later in the Riyadh in 2013, adding to the discussion of social issues on the agenda of the meeting. "

Preparing Baghdad to receive the Arab delegations, which are expected to participate summit of Arab States to be held, on Thursday, (29 March 2012), had been handed Iraq agenda of the summit delegates of Arab governments to the Arab League in Cairo, the 15 of March current, including a clause proposed by the Iraq stresses the need to condemn acts of terrorism and agreed to fight it.

It is noteworthy that the Arab summit in Baghdad event is the largest international, organized by the country since 2003, accounting for the Municipality of Baghdad for the committee to create and insurance requirements for the Conference of the Arab summit and to provide insights, ideas, and the preparations necessary to improve and develop the interface construction of the city, commensurate with its history and its place in coordination with the ministries and agencies competent.

Link

Fouad Alldorki: Decisions of the National Conference will be binding for all to end disputes

Monday 26/3/2012

Baghdad (news) .. A member of a coalition of state law, MP / National Alliance / Fouad Aldruki that the Preparatory Committee of the National Conference will be able to complete its preparations and presentation of a paper before the conference, select the fifth of next month.
He said Aldruki (of the Agency news) said on Monday: The working paper has been submitted in advance by the major political blocs (the coalition in Iraq, and the National Alliance, the Kurdistan Alliance) was formed a preparatory committee for the coordination of this paper and put it in three axes.
He added that the paper will include problems which result from the executive, legislative and judicial branches, but there are no objections from some of the blocks on the research priorities of the themes in the national conference, pointing out that the Preparatory Committee had sufficient time to end the differences and get out a paper a unified presentation to the National Congress.
The MP for the coalition in Iraq to: that the agreements will be coming out of the political leaders at the national conference will be binding for all, because everyone agreed that the Constitution is the framework within which it is moving the political blocs to reach the results to resolve problems.
And Aldruki: that all the political blocs agreed on the framework of the National Congress, so do not need to go out with positive results after that there will be sincere intentions and more flexibility and a sense of responsibility towards the priorities that the country needs.
He was President Jalal Talabani decided to call a national meeting of the fifth day on Thursday of next April.
A statement issued by his office after conducting deliberations and extensive consultations with Prime Minister Nuri al-Maliki and Parliament Speaker Osama Najafi and with other leaders and political figures, he decided to President Jalal Talabani's invitation to hold a national meeting of the fifth day on Thursday of the month of April 2012.
The statement added that Talabani called the Preparatory Committee in charge of preparations for the meeting, to expedite the completion of its business and the creation of the work program before the date mentioned.
The Taliban in the statement that culminate in joint efforts to reach comprehensive solutions and adequate to meet the needs and aspirations of the Iraqi people and believes in promoting national harmony and work in solidarity joint for stability and complete the building of state institutions, service delivery and development. / Finished / 2. For. M /

Link

Economy, parliamentary government is demanding the promotion of trade with Arab countries

26/03/2012

Baghdad, March 26 / March (Rn) - The Parliamentary Committee on Economics on Monday, the Iraqi government and the exploitation of the meeting of Arab ministers of economy, to raise the level of trade exchange and develop a road map to promote the reality of trade with Arab countries.

Is scheduled for the meeting of Arab ministers of economy on Tuesday on the sidelines of the Arab Summit to be held this weekend.

A member of the Committee Abdul-Hussein Abtan told the Kurdish news agency (Rn) that "the government to take advantage of the meeting of ministers of trade and economy Arabs to put a joint plan to raise the level of trade facilitation measures and trade contracts between the Arab countries."

He added that "Iraq has no significant commercial exchanges with the Arab countries must be brought to work in line with the aspirations of Iraq's economic during the next phase."

He added by saying "We have come to the meeting of the Council of Ministers of Economy and Trade Forum the results of the task of promoting procedures to facilitate the entry of companies and businessmen to the Arabs of Iraq."

The Iraqi Trade Minister Khairallah Babiker had previously announced the completion of preparations for the meetings of the Council of Ministers of Economy and Trade Forum to be held on Tuesday.

The Arab summit in the Iraqi capital Baghdad international event larger, organized by the country since 2003, accounting for the Municipality of Baghdad for the committee to create and insurance requirements for the Conference of the Arab summit, while confirming the Iraqi Interior Ministry that it had prepared a security plan to protect the Arab summit include multiple stages.

Link

Economic Analyst: lack of capital of private banks due to the lack of encouragement for savings by

Monday 03/26/2012

Baghdad (news) .. Economic ills analyst Ibrahim al-Mashhadani, the reasons for the lack of capital of private banks due to the Iraqi lack of means to encourage savings and bid farewell to the money by the citizens and owners of the money from the rich class in the community, which led to the absence of the actual role in the investment activity of the country.
He said al-Mashhadani (of the Agency news) said on Monday: there are no means encouraging result which to bid farewell to the money to the banks by the rich or the owners of the money abundant frozen citizens, such as increasing the interest rate on funds deposited, or the so-called "saving" by the central bank, in addition to not giving a good image of banks by the civil monetary policy and the federal government, which led to a lack of trust between the public and banks.
He added: should the central bank increases interest rates for amounts on deposit in Iraqi banks, for the purpose of paying the owners of wealth to bid farewell to their money in banks and invested in projects that serve the country like some of the world, pointing to the existence of big money frozen by some citizens without investment.
He criticized the economic analyst: the work of banking policy in Iraq, by reducing the interest on money deposited in banks, making the most of the citizens' retreat to the banks to withdraw their money, and this led to confusion in the banking business and make it inactive.
It is noted that the interest assessed by the Central Bank of the money deposited in banks (3%) annually. / Finished / 8. For. M /

Link