Category: Government

LG opens Biggest Overseas Brand Shop in Iraq

By John Lee.

South Korean electronics maker LG Electronics has reportedly opened its largest overseas brand shop in Iraq.

The two-floor shop covers 870 square meters in the main commercial district of Erbil.

Around 200 government and media officials attended an opening ceremony, according to a report from Nation Multimedia.

(Source: Nation Multimedia)

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Video: Can Iraqi Kurdistan gain Independence?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.

The Kurdistan Regional Government in northern Iraq says the date to hold an independence referendum has been set and won’t be changed.

That was in response to a request by US secretary of state Rex Tillerson to postpone the referendum.

During a telephone call on Thursday, Tillerson told Masoud Barzani that he favours dialogue instead, between the Kurdish region and the Iraqi government.

The US and other Western nations are worried the vote, could lead to renewed conflict with the Iraqi government in Baghdad and distract the Kurds from fighting ISIL.

Turkey, Iran and Syria which also have large Kurdish populations all oppose an independent Kurdish state.

So, could this vote lead to an independent Kurdish state? and what will that mean for Iraq and the region?

Presenter:

  • Imran Khan

Guests:

  • Dindar Zebari – Deputy Minister of the Kurdistan Regional Government.
  • Ahmed Rushdi – Director of the House of Iraqi Expertise Foundation.
  • Dlawer Ala’Aldeen – President of the Middle East Institute.

The post Video: Can Iraqi Kurdistan gain Independence? appeared first on Dinar Guru RV.

Video: Can Iraqi Kurdistan gain Independence?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.

The Kurdistan Regional Government in northern Iraq says the date to hold an independence referendum has been set and won’t be changed.

That was in response to a request by US secretary of state Rex Tillerson to postpone the referendum.

During a telephone call on Thursday, Tillerson told Masoud Barzani that he favours dialogue instead, between the Kurdish region and the Iraqi government.

The US and other Western nations are worried the vote, could lead to renewed conflict with the Iraqi government in Baghdad and distract the Kurds from fighting ISIL.

Turkey, Iran and Syria which also have large Kurdish populations all oppose an independent Kurdish state.

So, could this vote lead to an independent Kurdish state? and what will that mean for Iraq and the region?

Presenter:

  • Imran Khan

Guests:

  • Dindar Zebari – Deputy Minister of the Kurdistan Regional Government.
  • Ahmed Rushdi – Director of the House of Iraqi Expertise Foundation.
  • Dlawer Ala’Aldeen – President of the Middle East Institute.

The post Video: Can Iraqi Kurdistan gain Independence? appeared first on Dinar Guru RV.

Video: Can Iraqi Kurdistan gain Independence?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News.

The Kurdistan Regional Government in northern Iraq says the date to hold an independence referendum has been set and won’t be changed.

That was in response to a request by US secretary of state Rex Tillerson to postpone the referendum.

During a telephone call on Thursday, Tillerson told Masoud Barzani that he favours dialogue instead, between the Kurdish region and the Iraqi government.

The US and other Western nations are worried the vote, could lead to renewed conflict with the Iraqi government in Baghdad and distract the Kurds from fighting ISIL.

Turkey, Iran and Syria which also have large Kurdish populations all oppose an independent Kurdish state.

So, could this vote lead to an independent Kurdish state? and what will that mean for Iraq and the region?

Presenter:

  • Imran Khan

Guests:

  • Dindar Zebari – Deputy Minister of the Kurdistan Regional Government.
  • Ahmed Rushdi – Director of the House of Iraqi Expertise Foundation.
  • Dlawer Ala’Aldeen – President of the Middle East Institute.

The post Video: Can Iraqi Kurdistan gain Independence? appeared first on Dinar Guru RV.

Baghdad welcomes serious and frank dialogue with Erbil

Baghdad welcomes serious and frank dialogue with Erbil

08/17/2017






Baghdad / Al-Sabah
Speaker of the House of Representatives Salim al-Jubouri, the need to restore confidence between the components of the people and the activation of participants, stressing that the referendum should be within the framework of constitutional, while warned of taking «positions fateful» reflected negatively in the overlapping areas.

Jubouri office said in a statement received «morning» a copy of it: «The President of the House of Representatives received the Kurdish political delegation headed by Rose Nuri Shaways», explaining that «the meeting reviewed the most important political and security developments in Iraq», and the transfer of the statement Jubouri, saying:

Orientations of all parties with their approval of the Constitution and in order to strengthen the national cohesion and maintain stability », stressing that« the restoration of confidence among the components of the Iraqi people and the activation of participants is an imperative to overcome the challenges ».

He added that «the referendum option should be within the constitutional framework to ensure the interest of Iraq taking into account the circumstances that the country is going through», calling for «the importance of continuing dialogues to overcome political and security differences between all parties to achieve the interests that preserve the unity of Iraq».

He urged Jubouri to «keep away from the statements of the convulsive by all and the delay in taking the positions of fate can be reflected negatively in the areas where the social interference varied», and praised the Speaker of the «role of the Kurdistan region in dealing with the crisis of displaced persons and efforts to shelter and alleviate their suffering .

Prime Minister Haider al-Abadi announced on Tuesday evening that his dialogue with the Kurdish delegation was in keeping with the interests of the country, while expressing regret over the issue of the referendum on independence after the cooperation of Baghdad and Erbil and their success in eliminating the organization «Daash».

In turn, the Vice-President Nuri al-Maliki told the Kurdish delegation the need to follow the legal and constitutional ways to resolve the differences related to the referendum.

Maliki’s office said in a statement: "The Vice President discussed with the delegation the latest political and security situation in the country, and exchanged views between the two sides on relations between Baghdad and Erbil."

Maliki stressed, according to the statement, "the need to follow the legal and constitutional methods to resolve the differences and issues related to the referendum or any other issue," stressing his keenness to «find outputs that preserve all rights to ensure the unity of Iraq and coexistence between all components

and the Kurdish delegation held a meeting in Baghdad With the Secretary
General of the Badr Organization Hadi al-Amiri, revealed a senior source that
«the delegation intends to hold a series of meetings with prominent political figures, including the head of the National Dialogue Front Saleh al-Mutlaq and the representative of the Secretary-General of the United Nations Jan Kubic», and that «the delegation intends to hold a meeting With the National Alliance to discuss a referendum Kurdistan.

The Kurdish delegation met with the President of the Arab Parliament, who is visiting Baghdad on an official visit, the source said: "The Kurdish delegation met with the President of the Arab Parliament Meshaal bin Fahmi peaceful and discussed with him the subject of the referendum," noting that "the meeting had a positive atmosphere .

In the international positions of the Kurdish referendum, Deputy Prime Minister and spokesman of the Turkish government Bakr Bouzdaj said in a press statement: "The referendum on the independence of the Kurdistan region in Iraq scheduled for next month will further destabilize the region," adding that "the decision to proceed with the organization of voting Violates Iraq’s constitution. "

On the other hand, the head of the delegation of the Kurdistan region to Baghdad, Rose Nuri Shaways during a press conference held in Baghdad: "The Prime Minister Haider Abadi expressed his willingness to solve the problems between Baghdad and Erbil through dialogue."

http://www.alsabaah.iq/ArticleShow.aspx?ID=142759

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US dollar rallies, up 0.6% versus euro

US dollar rallies, up 0.6% versus euro

THE BUSINESS TIMES13 hours ago

[LONDON] The US dollar rebounded across the board on Thursday, reserving some of its strongest gains against the euro, helped partly by a bounce in US Treasury yields but also ahead of the release of minutes from the ECB's latest policy meeting.

Euro a Buy on Weakness vs Pound Sterling and US Dollar say StrategistsPound Sterling Live
Euro May Shrug Off GDP Data as US Dollar Gains on FOMC MinutesDailyFX

US dollar rallies, up 0.6% versus euro

US dollar rallies, up 0.6% versus euro

THE BUSINESS TIMES7 hours ago

[LONDON] The US dollar rebounded across the board on Thursday, reserving some of its strongest gains against the euro, helped partly by a bounce in US Treasury yields but also ahead of the release of minutes from the ECB's latest policy meeting.

Euro US Dollar (EUR USD) Tumbles Following ECB MinutesEuro Exchange Rate News
European stocks rises on weaker Euro, stronger growthBNN

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Saudi Arabia to reopen Iraq Border after 27 years

By John Lee.

Saudi Arabia is reportedly planning to re-open the Arar [Ar’ar] border crossing with Iraq for the first time since 1990.

Sohaib al-Rawi, the governor of Anbar province, is quoted as saying that the Iraqi government had deployed troops to protect the desert route leading to Arar and called its opening a “significant move” to boost ties.

The border was closed after the two countries cut ties following Saddam Hussein’s invasion of Kuwait.

(Sources: Al Jazeera, Reuters, Rudaw)

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The government and the central bank restore the world’s confidence in the Iraqi economy

The government and the central bank restore the world’s confidence in the Iraqi economy August 16, 2017 Iraq is currently experiencing an economic crisis and great and difficult challenges, which are due to the control of the terrorist “Da’ash” organization on large areas of it; and the low oil prices globally, which affected its budget […]

Industry: 150 products locally protected from commodity dumping

Industry: 150 products locally protected from commodity dumping

16/8/2017

Confirmed its support to the private sector
Baghdad / Al-Sabah

The Ministry of Industry and Minerals has revealed its endeavor to provide full protection of local products from dumping goods in local markets.


While more than 150 protected products have been declared, they have confirmed their support for the country’s private sector.

The Director General of Industrial Development in the ministry, Alaa Musa during a workshop to exchange expertise, organized by a private sector companies: "The industry in the country has passed during the last period with a great slowdown, because of the policy of dumping goods for local markets,"

noting that the House of Representatives recently approved a number of The laws supporting the industry and the development of the private sector, including the Tariff Law, especially as the ministry seeks to provide full protection of local products through the inclusion of the largest number of imported goods by this law.

He added that "there are more than 150 domestic products protected from dumping goods," pointing out that "the ministry seeks to provide real support to the private sector to promote the national industry in the country."

For his part, the director of the Asian paint company, a private sector company Haider al-Bandar said in a press statement that the government, as directed by Prime Minister Haider Abadi, is working on the development of national industry, while providing full support to the private sector,

in contrast most private sector companies seek to achieve quality by production and development Marketing processes, thereby contributing to the objective of competing with the imported product.

Al-Bandar called for the activation of economic laws that would contribute to providing an industrial environment in order to provide foreign currency and create job opportunities for the unemployed.

http://www.alsabaah.iq/ArticleShow.aspx?ID=142726

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