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Wednesday, August 2, 2017

DINAR IRAQ & DONG VIETNAM UPDATE, 2 AUGUST

60 Countries Promise Support in Rebuilding Iraq
Some 60 countries have expressed their readiness to support the efforts in reconstructing the Iraqi areas damaged in the war against the Islamic State (IS).
Mustafa Hiti, who supervises the state-run fund for reconstructing the damaged areas by war against terror, said so far the fund has been able to obtain the consent of 60 countries to help in rebuilding the damaged areas.

He added Kuwait has also agreed to host an international conference for the countries who have agreed to donate and offer help in reconstructing the war-torn areas of Iraq.
The fund has also received an invitation from the World Bank for arranging an open discussion in the Washington DC over rebuilding Iraq after the IS.
Iraqi government estimates suggest that the war against the IS has resulted in damage to 90 percent of areas in Anbar province.
The estimates also indicate 60 percent of territories in Nineveh province and 50 percent of areas in Salahddin province have also been razed in the battle to oust the Islamic extremists. Source
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Barzani and UN Envoy to Iraq Discuss Erbil-Baghdad Relations Kurdistan Region President received on Wednesday the UN Special Representative of the Secretary General (SRSG) for Iraq, Jan Kubis, to discuss the latest political and security developments in the Kurdistan Region and Iraq. The current level of political relations between Erbil and Baghdad was discussed between Barzani and Kubis, according to a press release by the president’s office. Kubis also briefed Barzani about the latest report his office has handed to the United Nations Security Council on the security situation and humanitarian hardship in Iraq.
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Iraq studies oil swap for reconstruction 1st August, 2017 Iraq’s oil and energy committee unveiled a proposal to swap oil for the reconstruction of terrorism-hit areas with major powers, notably the United States, “Iraq is considering resorting to barter in the reconstruction of liberated areas and will be according to the prices of Iraqi crude oil, and this is done by most of the countries of the world,” MP Tareq Siddiq told the Journal News. “The financial crisis due to terrorism and low oil prices have prompted the Iraqi government to study this proposal for the reconstruction of areas affected by terrorism,” he said. The Committee on Services and Reconstruction parliamentary considered the resort to Iraq to barter “stealing the money of Iraq” by the major powers, including America. “Iraq today has experts and scientists in the field of oil, it is not possible for the United States to steal Iraq’s money,” said Tawfiq al-Kaabi, a member of the committee. He added that it is hoped to hold a global conference in Iraq for the purpose of discussing mechanisms for the reconstruction of Iraq, stressing that “these ages come through the price and this price is oil, which has no other Iraq.” “The United States is trying to acquire Iraq’s financial and oil capabilities by confronting the reconstruction campaigns of the liberated areas,” he said. “Hundreds of contracts have been discovered between the Iraqi government and the Washington administration, which hopefully will be implemented soon.

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