Sunday, May 13, 2012

Mahma Khalil: German-Iraqi agreement would make Iraq an economic link between Europe and Asia

 Sun 05/13/2012
 
Baghdad (news) .. most likely decision of the Economic Commission deputy / Kurdish coalition blocs / Mahma Khalil, the vote on the law of strengthening bilateral relations between Iraq and Germany after the end of the holiday Legislative Council of Representatives, saying it would open the way to Iraq to enter the European markets through Berlin.
Khalil said (of the Agency news) on Sunday: The agreements concluded with the European countries have many advantages because the market is the European depends on the free economy, or so-called "open economy" and is based on several factors supporting the economies of the world, noting that the Iraqi agreement German will enhance the status of Iraq's economic because it will transfer his European experience to develop its economy.

He added that the activation of the law of joint cooperation between Iraq and Germany is necessary because it would open the way for Iraq to cross to the European markets through Berlin (German capital) and Iraq will become a link between Europe and Asia, noting that the law was its first reading in the House and may be read the second and voting on after the holiday granted to the legislative members of the House of Representatives.

The House of Representatives of Iraq has initiated the first reading of the Law of the Iraqi agreement - German (04/03/2012) you are interested in strengthening bilateral relations between Iraq and Germany and the bilateral cooperation in all fields, and the purpose of this Convention, which will remain in force for ten years, to protect and promote investment and exchanged between the Iraqi government and its counterpart in Germany.

The economy of Germany and one of the largest economies in the world, as it occupies the fourth place in terms of GDP after the United States, China, Japan, and ranked fifth in terms of purchasing power, and Germany is the most populous in Europe, where its population of 82 million people, and maintained Germany to a high standard of living. It is well known for Germany as embedded in the social security system, which flows from the prosperity of the German economy.

The agreement between the two countries to that in 'the event that any of the Contracting States shall pay the sums of money or compensation of any of its investors under a guarantee pledge on an investment within the territory of the other Contracting State, the Contracting State in the last and without damage to the rights of the Contracting State in the previous set forth in Article tenth of these investors recognize the waiver of any rights and demands, whether by law or legal process of the Contracting State first.

Since the Iraqi economy is in transition from a centralized totalitarian to a free market economy, he needs to experience the world, especially Europe, which flourished economically, as well as it needs to be legislation, legal support of the national economy and to the ideas and mentalities are able to absorb those experiences in order to qualify Iraq to enter the market EU in all economic fields. / Finished / 8. d. Q /
 

Expert: new steps must be taken to raise the value of Iraqi oil on world markets

  Sun 05/13/2012

Baghdad (news) .. Suggested oil expert Amr Hesham take new steps to raise the value and production of Iraqi oil, so it deserves to take its place in global markets.
Said Hisham (the Agency news) on Sunday: that Iraq has the third reserve is installed, it takes to be an economic powerhouse in the global market.

He added that the first condition for political stability is security, the fact that the political problems and internal strife make companies reluctant to come to Iraq, what the desire is an obstacle to investment. / End / 21. D. Q /
 

Attorney Khalidi: National Conference will be held the meeting because of a five-

 Sun 05/13/2012

Baghdad (news) .. rule out the decision of the House of Representatives MP / coalition in Iraq / Muhammad Al-Khalidi, the National Congress because of the letter addressed to political leaders at the meeting which was held in the five-Erbil.
He said Khalidi (of the Agency news): The National Conference will not be held because of the letter addressed by political leaders who met in (28) of last month in Erbil, stressing that the National Alliance will discuss all decisions of the meeting consisting of (9) points.

He added that the commitment to meeting the terms of the political blocs will Quintet outstanding problems in and out of Iraq from the current crisis.

This made President Talabani series of meetings during the past two days, with the prime minister and his deputy, Khodair al and National Congress leader Ahmed Chalabi, Deputy Prime Minister Saleh al-Mutlaq, head of the Islamic Supreme Council Ammar al-Hakim and others, to find mechanisms and consensus to resolve the political crisis. / End / 12. D. Q /
 

Saturday, May 12, 2012

Deputy Governor of Central Bank: Development Bank of Warka is undecided and waiting for the report of the Central Financial Sgt.

  Saturday 05/12/2012

Baghdad (news) .. Most likely the deputy governor of the Central Bank of the appearance of Mohammed Saleh, to report on the status of financial Sergeant Warka Bank to the Central Bank during the next few days to know the status of the bank in terms of financial assets and financial liabilities of Foreign Affairs, to take legal action in the light of the report.
Saleh said (of the Agency news) on Saturday: The matter is still undecided about the Warka Bank as a major bank and its operations are complex and evaluation of assets of financial need and a long time, and the central bank is now waiting for Sgt. Financial will submit his report within the next few days to temporary administration of the bank "guardian "It is then submitted to the Central Bank to determine if the bank can continue and" life "to help him, or needs to extend his custody until the solution of financial problems.

And: that the report of Sergeant Financial includes an inventory of financial assets and liabilities of foreign bank and see if there are significant losses in the head money, and in the light not know the status of the bank, noting that the central bank will be required from the Ministry of Finance granted financial loans long futures in the event of a sharp decline in its financial, or resorting to participation by other banks as stipulated by the law of Iraqi banks in Article (66) No. (64) for the year (2004).

It is noteworthy that the Board of Governors in the Iraqi Stock Exchange canceled the listing of the Warka Bank from the market, in accordance with paragraph IX of Article V of the instruction number three amended for the year 2011, which provides for the write-off company from the listing if the stoppage of circulation for six months without taking action suitable for the appeal, pointing out that the Warka Bank is dependent on the eighth trading since February 2010.

The Warka Bank for Investment and Finance, which was established in 1999, (130) 130 branches and (350) ATMs in all parts of Iraq. Has developed the Central Bank of three-phase plan to raise banks' capital to 213 million by June 2013 to stimulate lending in the time who is recovering from the Iraq sanctions and the U.S. invasion in 2003. / Finished / 8. d. Q 
 

Sadr al-Maliki to clarify his position: I want his life and wants to kill me


Saturday, May 12 / May 2012

Said the cleric Moqtada al-Sadr on the position of Prime Minister Nuri al-Maliki as a dictator and his warning of sectarianism and Application of the Convention of Arbil and the resulting isolation of the Sadrist Shiites that "the right not left his friend."

Reported chest to a question from one his followers to be the interpretation of repeated criticism of the owners as "Mmaalh of the Kurds and the existing Iraqi President Iyad Allawi, and what causes it to isolate the Sadrists for Shiites," Thank you for your question Did not you hear I have nothing left right from a friend and generally, I say the Shiites and Shiism political Of course not bias the ideological right [I want his life and wants to kill me .. Adhirak of thy friend of Murad] I am you and I will continue defending the right whatever to be an enemy to me is a friend of mine at the expense of that old friend, an enemy to me it in the perspective of logic and reason and Shara loss in Specular Profile joy mixed with sadness or grief distressed unblemished. He said.

The cleric Moqtada al-Sadr took part in the consultative meeting held on 28 April, in Erbil and resulted from that meeting a range of courses sent al-Sadr in a letter to the National Alliance on May 2 the current most prominent of which give the government 15 days, which [will end next Thursday, 17 current] to approve the decisions of the meeting, but will be withdrawn and confidence. ended.

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National Alliance for the rule of law Aboud Issawi, the need to attend all blocs and political leaders to a national meeting


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The independent Iraqi news agency / Baghdad / n. X .. MP in the National Alliance for the rule of law Aboud Issawi, the need to attend all blocs and political leaders to a national meeting to be held in the next few days as it is a final opportunity to resolve the outstanding differences in the political process. "

Issawi said in statement to the reporter   (And independent Iraqi news agency) that the political blocs need to demand their presence at the upcoming meeting and not to be absent under any pretext, because such a meeting   And its success will depend on the extent of the seriousness of those blocks and their leaders to attend to him as an important issue. "

He said al-Issawi   "The presence of all political parties to the national meeting is a keen national success of the democratic experiment in the country either from behind him under the pretext of the existence of excuses fabricated, this is unacceptable, and the political blocs and the rest of the components have agreed to find a national gathering together and nearly all the political parties by participants and the national meet with everyone and therefore not entitled   One of the absence from this meeting, we consider this step a negative affect on the success of the national meeting. "

The al-Issawi, "It is absent from the meeting will be the national element is a party to welcome in the political process to try to clear it aims to put crutch in the wheel of the stalled political process those components already and the issue of absence for the upcoming national meeting will lose credibility   Add in the political work so that it will be devoid of confusion because the confidence of all not to attend the national meeting will inevitably lead to the loss of all the initiatives that have provided good in the last period, including the initiative of His Excellency President Jalal Talabani

Deputy for Iraq: the rule of law escalating political crisis

  Saturday 05/12/2012

Baghdad (news) .. accused the MP / coalition in Iraq / Qusay Friday, state law to escalate the political crisis, noting that the deadline set by the political blocs not to implement all the agreements, but to begin implementation.
Juma said (of the Agency news) on Saturday: The statements made by the rule of law tends to escalate the political crisis, and called to demonstrate good faith to resolve outstanding problems.

He added that the five-year meeting which was held in Erbil, which has been agreed on resolving all the problems within a period not exceeding (15) days, noting that this period is not to implement all the agreements, but to begin implementation of the Convention Erbil.

He was President Jalal Talabani, had met with the President of the National Alliance, Ibrahim al-Jaafari at the presidential headquarters, said in a statement Jaafari's office received a (news) copy of it: The two sides discussed during the meeting was to evaluate the current political situation and the nature of the circumstances surrounding it, and a lesson how to find a solution based on based on national principles, which include the Constitution and the understanding that construction does not exclude anyone from national partners.

The statement added that the two sides stressed the need to stand at the papers presented pre-and post that dealt with identifying problems and developing solutions. / Finished / 2. For. M /