Government of Kurdistan confirms its welcome to dialogue with Baghdad as soon as possible 2017/10/21 9:18 The Kurdistan Regional Government (KRG) welcomed the statement by the US State Department on military clashes between the Peshmerga forces and the Iraqi forces in Alton Kubri, Kirkuk province, while welcoming the dialogue with Baghdad as soon as possible […]
The House of Representatives intends to discuss the work report of the Committee for the selection of members of the Independent High Electoral Commission, within the agenda of the 27th session, which is scheduled to be held at 11 am on Saturday.
The agenda of the Parliament also includes the completion of the vote on the draft law of the third amendment to the law of provinces that are not organized in the province. The agenda of the meeting is as follows:
First: reading verses from the Koran.
Second: Report of the work of the Committee of Experts to select the members of the Independent High Electoral Commission.
Third: Complete the vote on the draft law of the third amendment to the Law of Governorates not organized in the region No. (21) for the year 2008 (Legal Committee, the Committee of Regions and governorates not organized in the province) (remaining 11 article).
Fourth: The vote in principle on the proposed law to amend the law of elections of the House of Representatives No. (45) for the year 2013 (Legal Committee).
Fifth: Vote in principle on the proposed amendment of the Personal Status Law No. 188 of 1959 (Legal Committee, Endowment and Religious Affairs Committee, Committee on Women, Family and Childhood).
Sixth: Vote on the draft law on the ratification of the Mutual Encouragement and Protection of Investments between the Government of the Republic of Iraq and the Government of the Islamic Republic of Iran (Committee on Foreign Relations, Committee on Economy and Investment) (Article 2).
Seventh: Vote on the draft law amending the law of the Association of Accountants and Auditors (Committee of Civil Society Organizations, Finance Committee, Legal Committee) (12 articles).
Eighth: Vote on the Second Amendment Bill to the Central Bank of Iraq Law No. (56) of 2004 on the Coalition Provisional Authority (dissolved) (Finance Committee, Committee on Economy and Investment) (10 articles).
Ninth: Report and discussion of the draft law of the first amendment to the law of elections of the Iraqi Council of Representatives No. (45) for the year 2013 (Legal Committee) (Article 9).
The session begins at 11 am.http://alghadeer.tv/news/detail/63025/
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Baghdad / Sabah
An Iraqi banking delegation discussed with a number of banks and financial institutions operating in the United States of America opportunities for cooperation between the parties.
The Association of Iraqi Private Banks said in a press statement that "a delegation of 17 private banks, Rafidain Bank, industrial and executive director of the Association of Private Banks Ali Tariq and a number of advisers of the Association held a meeting at the Center for Strategic Studies in Washington with a US delegation
including the US Treasury and US banks and OPEC And American financial institutions and a number of employees at the US Embassy and were held during the meeting to discuss Iraq’s economy and the challenges facing it.
She added that "the meeting discussed the development in the Iraqi banking sector, especially in the past five years and strengthen cooperation with Arab and foreign banks in addition to plans for the reconstruction of liberated areas and development in the oil sector."
"The global media has reflected a negative image of Iraq over the past years, which has greatly affected the entry of foreign companies to work in Iraq," said the representative of the Center for Strategic Studies, Dan Randy, who conducted the session.
"The Iraqi market contains great advantages and a great opportunity for investors to work. in it".
On the other hand, the Executive Director of the Association of Private Banks, Ali Tariq, explained to the American delegation the development of the Iraqi banking sector and the challenges facing it during the current period.
"Despite the general conditions of the country, the work of banks is constantly evolving and we seek to reduce the use of cash in life transactions through projects operated by the Association of Iraqi private banks in cooperation with the Central Bank such as the project of financial inclusion and the settlement of salaries."
He added that "private banks are working hard to be a balanced share with government banks through deposits and through the issuance of decisions to stimulate government departments to deal with private banks," noting that "Iraqi banks implement the anti-money laundering law and terrorism and instructions on compliance and risk management" .
"The US banks now have greater confidence in the Iraqi banks, especially after the positive steps taken by the Central Bank of Iraq to fight money laundering and punish violators," said Bank of Dubai bank chief Dennis Flanery.
He added that "US banks are considering the mechanism of working with Iraqi banks and projects that provide them with a streamlined work."
The Association of Iraqi Private Banks decided to continue holding periodic meetings with the US Treasury and foreign banks, specifically the US, with the establishment of an annual forum between Iraqi and American banks. http://www.alsabaah.iq/ArticleShow.aspx?ID=146330
By John Lee.
Deputy chief executive Vadim Yakovlev (pictured) told Reuters that Baghdad has not asked the company to curtail production, despite reports that the Oil Ministry had asked foreign producers to cut investment to reduce the cash-strapped government’s contribution in shared ventures.
Yakovlev added that production at Badra is expected to plateau as high as 110,000 bpd in the future.
Hundreds of thousands of children and their families in Iraq who have suffered the pain of brutal conflict and displacement will have regular access to lifesaving clean drinking water and services that respond to gender based violence thanks to help from the U.S. government.
With the latest contribution of nearly 9 million US$ from the United States Office of Foreign Disaster Assistance (OFDA), UNICEF and its partners will be able to provide safe drinking water to families living in displacement camps as part of its emergency first line response, as well as repair damaged water supply infrastructure.
OFDA’s generous assistance will also help bring age-appropriate and survivor-centered community-based multi-sector services to survivors of gender based violence.
Hamida Ramadhani, UNICEF’s deputy representative in Iraq, said:
“The provision of multi-sector support services to women and children who carry invisible wounds as a result of conflict, gender-based violence and large-scale displacement is particularly important to help them cope and to re-build their lives.”
Nearly five million children are in dire need of humanitarian assistance in Iraq. UNICEF continues to count on the United States as a major global donor of humanitarian and development assistance to respond to the most urgent needs of the most vulnerable children around the world.
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From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.
About 100,000 Kurds have fled the Kirkuk region since it was retaken by Iraqi forces from Kurdistan’s regional government (KRG).
The UN says it is worried by reports of civilians being forcibly displaced and their houses and businesses looted and destroyed.
Al Jazeera‘s Steffanie Dekker reports from Erbil.
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By John Lee.
Iraq’s Ministry of Oil has hit back at Rosneft‘s recent decision to enter a production-sharing deal with the Kurdistan Regional Government (KRG) without its approval.
In a statement, the Ministry warned:
“The ministry of oil warns seriously all the countries and oil companies from contracting or dealing with any authority inside Iraq without taking the approval from the federal government and the ministry of oil”.
Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) added:
“… irresponsible statements from some of the officials inside & outside Iraq or the foreign companies about their intention to sign oil contracts with any authority inside the geographic borders of Iraq without telling the federal government or the ministry of oil, is considered as a Blatant interference in the internal affairs and a derogation from national sovereignty, and an outright violation of international norms.”
Rosneft boss Igor Sechin insisted that the company strictly followed the law. AFP quotes him as saying:
“If there are problems between the government of Iraq and Kurdistan they need to solve the problems themselves … I am not a politician, my job is to produce oil.”
In addition to the production-sharing deal, Rosneft has just agreed to start work on a new oil pipeline project in Iraqi Kurdistan.
(Sources: Iraqi Ministry of Oil, AFP)
Russia’s Rosneft and Kurdistan Regional Government (KRG) have announced the start of joint implementation of an infrastructure project for the operation of the oil pipeline in the Kurdish Autonomous Region.
According to a statement from Rosneft, its share in the project “may amount to 60%“.
“The other project participant with 40% share will be KAR Group, who is the current pipeline operator,” it added.
Rosneft Chief Executive Officer Igor Sechin (pictured) said:
“The entry into the infrastructure project will contribute to achievement of Rosneft’s strategic objectives and will enable Rosneft to enhance the efficiency of oil transportation to the end customers including supplies to the Company’s refineries in Germany”.
The Council of Ministers of the Kurdistan Regional Government held a meeting on Thursday to discuss the latest developments in the region.
Prime Minister Nechirvan Barzani and Deputy Prime Minister Qubad Talabani attended the meeting and discussed the situation in Kirkuk and other areas that witnessed tensions and clashes this week.
The Council of Ministers welcomed Iraqi Prime Minister Haider Al-Abadi’s call for negotiations in order to address the issues between the Kurdistan Regional Government and Iraqi Federal Government, within the framework of the federal constitution, and based on partnership and consensus.
It also called on the international community to help the two sides to start and conduct the talks. The Council of Ministers reiterated that the Kurdistan Regional Government has always been ready for dialogue and negotiations with Baghdad.
In a statement after the meeting, the Council of Ministers said that history has proven that the will of the people of Kurdistan will not be shaken by military actions, and the issues of Iraq will not be solved militarily.
The Council of Ministers also instructed relevant authorities to provide assistance for the people from Kirkuk and Tuz Khormatu, who fled their homes due to the recent violence. The Council also thanked the people and KRG agencies for their outpouring support for the displaced.
The Council of Ministers of the Kurdistan Regional Government extended its condolences to the family and friends of member of Kurdistan Parliament, Shwan Qaladzayee, who lost his life in a car accident.
The United Nations is concerned about reports regarding the destruction and looting of houses, businesses and political offices, and forced displacement of civilians, predominantly Kurds, from disputed areas.
The United Nations has received allegations of the burning of about 150 houses in Tuz Khurmatu on 16 and 17 October, by armed groups.
There were also allegations that up to 11 houses which reportedly belonged to Kurdish families and officials of Kurdish political parties were destroyed by explosives in the city. There were also reports of attacks against political offices of Turkmen parties in the Kirkuk Governorate.
The United Nations takes note of Prime Minister Haider al-Abadi’s acknowledgement of incidents caused by what he described as extremist elements from both sides and his decision to send the Iraqi army to restore order in Tuz Khurmatu, as well as the calls by the political and security leaderships of the country requesting federal and local security forces to ensure and act in full respect for law and order and protect civilians and political leaders.
The United Nations urges the Government of Iraq to take every action to halt any violations and ensure that all civilians are protected and that the perpetrators of acts of violence, intimidation and forced displacement of civilians be brought to justice.
(Source: United Nations)
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