Part 2 Millionday & People Invested Member Discussion

    [millionday] Signed and the Ministry of Construction and Housing memorandum of understanding with Serbian counterpart to initiate the implementation of construction projects in all the provinces, was done during the of the Serbian Iraqi Forum held yesterday in Baghdad, including open the door to all government institutions and private sector companies to enter partnerships for the implementation of large projects. ]

The Minister of Construction and Housing, Engineer Mohamed Darraji told a news conference on the sidelines of a meeting place for businessmen and companies organized by the Ministry of Construction and Housing and attended the (morning),

    millionday] that this event concluded a round of talks with the Serbian side began a month ago in Belgrade, adding that the Serbian delegation is the largest delegation of foreign visiting the country, indicating the seriousness of this state in cooperation with the country.
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  He said Serbia inherited the former Yugoslavia in establishing residential complexes, roads and bridges, stressing the need for Iraq to experience foreign in this regard, noting that on the basis of it has been invited Serbian companies to compete for the implementation of the announced projects and identify the type of construction projects needed by the country.

    [millionday] note — mou on the advancement of construction contracts — (international)

    [jimplants] awesome just awesome time to change that money

    [millionday] smile    [millionday] now this is the from the press conference to the citizens

    [millionday] Darraji said that the ministry has touched the Serbian side a genuine desire to return to the domestic market, similar to side of Iraq, that the size of the projects to be performed is greater than the size and capabilities of the companies operating in the country, which caused a delay in the number of projects, noting that Iraq would give the Serbian companies facilities concerning visas and direct call for the implementation of the projects attracted to the local market.

    millionday] He revealed during the conference for the announcement of the implementation of the draft of the highway Baghdad, Basra, and Baghdad Trebil and returned to what it was when created after the removal of checkpoints and put fences rail and fence (BRC) along the way and put traffic signs and road maintenance, as well as the announcement of the project connecting bridge deck In the session on Highway in Yusifiyah area for global companies, including Serbian.

    millionday] (when the project begins)

    [millionday] Minister of Construction and Housing noted that initiation to implementation will be in two months, announcing the assignment Bridge Project Model to a German company, a link between the cities of Kadhimiya holy area to be one of the landmarks of Baghdad modern.

In response to a question by (Center Brief for the Iraqi Media Network) said Darraji that Serbian companies will start during the next three months the implementation of the two projects in the country,

 a residential complex and one of the bridges to be the flagship of its companies. pointed out that the ministry changed the new regulations Systems thermal insulation and rapid construction, stressing that

    [millionday] the five projects waiting for Creation at the Ministry of Planning and Development Cooperation, as well as a similar number will ask developed, to be the number of 12 projects to start, especially as the four of them completed, expected completion of 15 projects by the end of the year, equivalent to hand over nine thousand housing units sequentially.

 For his part, Minister of Construction and Urbanism Serbian (Vladimir Aalij), Serbia passed the same conditions, wars, however, that companies country began operations reconstruction and the war still exists and has considerable experience in this area, emphasizing the

    [millionday] note — wow this is the beginning of a beautiful thing

    [millionday] lack of concern by her to work in Iraq, stressing that the government Serbian and companies focused on the delegation visit to Iraq as trying to get jobs for the implementation of joint projects with the Iraqi side.

He added that all the understandings and the current talks came with the blessing of the governments of Iraq and the Serbian, praising the efforts of the Minister of Construction Mohammed Darraji to overcome various obstacles

 and to seek agreements contribute to the reconstruction of Iraq, and to create the atmosphere to meet with Deputy Prime Minister for Economic Affairs, revealing an agreement to send hundreds of wounded and sick Serb to medical spas to provide the best medical services to them and very affordable.

    [millionday] Moreover Undersecretary Ministry of Foreign Affairs, Nizar goodness of God through the Congress itself, that relations between Iraq and the Serbian marked by decades understandings and treaties and important agreements,

noting that the policy of the new Iraq governed by the Constitution and based on cooperation with all countries in various fields, and establish to build economic sector actor and is based on the important strategic relationships and partnerships to attract global expertise and technology to the country, and expressed Iraq’s readiness to provide various kinds of support for Serbian companies.

    [millionday] now this i love to see >>>> , noting that the policy of the new Iraq governed by the Constitution and based on cooperation with all countries in various fields, and establish to build economic sector actor and is based on the important strategic relationships and partnerships to attract global expertise and technology to the country, and expressed Iraq’s readiness to provide various kinds of support for Serbian companies.

    [millionday] And reviewed by representatives of the Ministries of Water Resources and the oil, defense and interior the most important needs that are job opportunities for companies Serbian, especially it carried out several projects for these ministries earlier, also signed the Minister of Construction and Housing and his Serbian counterpart a memorandum of understanding between the two ministries to enable projects to be implemented in the country.

    [Papatom] if you think about it….it’s a staggering daunting task to build and Hand over (complete) 9 thousand housing units in basically 5 months!!! that’s a lot of employment!!!!

    [millionday]   so the reason i brought this whole report was to show you how they are representing themselves to their citizens in the press and throughout the country –

 the work coming has to be exciting and also the New Iraq is a marketing tool — they have very shaky relations and trust with the citizens and it is calming so we can expect that such a press conference is the first of many

    millionday] absolutely — and we would love it where i live and im sure where we all live with the unemployment we have seen — and theirs has been during war and after so — this is huge news for them and it makes me feel as though — the curtain is going to be pulled back and the light turned on

    [millionday] smile

    [Papatom] i agree with you again!

    [millionday] let me check for other news i may have missed – brb  smile

    [millionday] so i want to make sure you all have seen this even though we saw the report last night — this also went on with kuwait

    [millionday] Reviewed Iraq’s ambassador to Kuwait, Mohammad Bahr al-Ulum with French Ambassador to Kuwait Nada Yafei Iraq’s efforts to emerge from the provisions of Chapter VII.

The Foreign Ministry statement received Agency (news) copy of it: two sides discussed Iraq’s efforts to get out of the provisions of Chapter VII through the implementation of international obligations, in particular file of prisoners and missing Kuwaiti property and the maintenance of border pillars.

    [millionday] He added: search was also tracks and positive developments in the relationship between the two countries after the settlement of Iraqi Airways file and the Convention on maritime navigation in the Khawr Abd Allah.

The French Ambassador expressed her country’s support for efforts by Iraq out of Chapter VII and in the interest of the two countries towards a better future

    [millionday] we saw last night about the funds — let me bring that report for those of you that have not seen it

    [lorijeanmarshall] millionday I like this one. France is one of the Permanent members of the UNSC and have a say if they get released from CH7

    [millionday] and also they have huge agreements and contracts so this is great    [millionday] smile

    [lorijeanmarshall] millionday das’ right

    [millionday] Iraq is seeking to emerge from Chapter VII imposed on it since the nineties of the last century, where pay under the sanctions imposed on it 5 percent of the total oil revenues to Kuwait as compensation established by the United Nations under this chapter

 as Iraq has met its obligations to pay 41 billion dollars to Kuwait compensation for war Iraqi-Kuwaiti, which paid for the Iraqi people as a result of the policy of the former regime reckless where is this amount significant than the impact on the size of fiscal revenue that comes to Iraq annually

    [millionday] said a member of the Finance Committee MP Haitham al-Jubouri “morning” that the last remaining of indebtedness of Kuwait will end in 2014 / 2015 noting that the money deducted from the investment budget and operational should take advantage of them in the areas of serving the country’s economy a proposal to establish a fund called Fund “Development of generations,”

which is a box placed by the amounts that were deducted for indebtedness Kuwait amounting to 5 percent of the total oil revenue after repayment plus additional amounts Other turning to the fund intended to benefit future generations in the future

    [millionday] now the best part of this is that parliament made the order to transfer all funds of agreement in order to be released from sanctions of chapter 7 – — so this is what we should see in this week — the receiving of funds from Iraq — the meeting is in a couple weeks with the UNSC so — very good and also strange since they are on “vacation” — (never believed that entirely) smile

    [millionday] so that is what we have verified tonight — very good news and i have to say — exciting to see what we love to see —–Progress!!

    [LBnFL] millionday Do you think they will need to OPEN the budget to transfer all those funds?

    [millionday] they could probably just write a check with all the money in the accounts here — (hopefully it is still in there) just joking     [millionday] smile

    [cookie2] Millionday Do you think we have to wait 2 weeks for this to RV?

    [millionday] i dont know hun –

    [LBnFL] millionday I was hoping you would NOT say that!

    [millionday]

    [wmawhite] millionday …..of the three options for Iraq was a single payment of $11 Billion to be released immediately.

    [millionday]     i know we are very close — the progress is huge — and i mean huge — we also have  that parliament in returning to the amendments on the table for them in the laws left and needed for their reforms

    [LBnFL] 18th

    [cookie2] I feel like it is the chicken or egg here.

    [millionday] right the 18th — meant to add that in there lol — thanks

    [LBnFL] Or 16th depending on who you believe…

    [lorijeanmarshall] millionday Can I get your opinion on an article. BRB

    [millionday] wmawhite what do you mean hun — are you asking me ?

    [millionday] cookie2 i agree

    [millionday] LBnFL just like all the years we have been sitting here — so strange they never have just one date given — have to love the press — smile

    [millionday] lorijeanmarshall of course hun — would love to see it

    [wmawhite] millionday ………just commenting on the three different options Iraq has to be removed from Chapter7.

    lorijeanmarshall] millionday Thanks. It is really short so I will just bring it in.

    [lorijeanmarshall] Economic Analyst: open branches of the Iraqi Commercial Bank abroad will boost investments and work activity 10/06/2013 | (Voice of Iraq) – Add a comment –

Baghdad (news) said economic analyst Ibrahim al-Mashhadani, that plan TBI commercial open branches in some countries in the region will enhance his investment and trade abroad.

Mashhadani said (of the Agency news): The Iraqi bank trading began working according to plans sound and correct in promoting investment of internal and external through projects that posed. said: that all Iraqi banks, whether governmental or private them to follow Bank of commercial and walk towards his approach in order to develop their work and promote their activities.

said: that the initiative of the Bank Iraqi trade to open branches in some of Iraq’s neighboring countries will expand from investment activities and promotes the movement of trade with those countries, it is positive for the bank. http://peopleinvested.co ··· t-invest

    [millionday] right — i kept reading it and couldnt figure out if it was a question or if you said it — hard in chat sometimes

    [lorijeanmarshall] Just wondering how they can open bank branches in other countries if they don’t have a tradable currency.

    [belabun] lorijeanmarshall I wondered that also

    [millionday] lorijeanmarshall this is great and is part of the banking reform they have planned for the country to expand trade and also raise the communication with Iraq through banking and expand their value in stock ect — the gains from international banking are huge for a country and expand the stock market as well

    [millionday] it also makes their banking products available internationally for investors and therefore it raises stock and brings to light isx and the smile on the stakeholders faces

    [millionday] lorijeanmarshall their current situation is going to change for this to work

    [lorijeanmarshall] millionday But they DO need to be out of CH7 first, right?

    [Lajewel] millionday Did you see the article about them forming a panel to stabilize currency?

    [lorijeanmarshall] millionday You know, they have already told us SO much. I think they should just let the rate and date out too. Geez, we know everything else already. LOL

    [millionday] they have to go by the allowances under sanctions so — it wont live up to its true value to have international banks without their release

    millionday] Lajewel yes — this is to monitor the stability they have created and make sure the rate stays in place and nothing has been overlooked while they activate the reforms in place

    [millionday] whooop whoooop — so positive and so close — this is all intertwined and so interesting to see how they are doing all of this at once — wow