Iraq seeks to attract private investors on the second day of the reconstruction conference

Release date: 2018/2/13 22:32

[Rebounds: Wayne]

Baghdad seeking the second day of reconstruction in Kuwait especially from the private sector and local and international investors to attract conference and offered them to invest in various fields, the US Secretary of State Rex Tillerson stressed that “Daesh” gangs still represent ” Serious threat “despite recent military victories in the region.

US Secretary of State Rex Tillerson on Tuesday called on the international coalition to continue the war on a duel after the recent victories in Iraq and Syria.

This came during a speech to ministers and representatives of the 74 member countries and organizations within the coalition and community in Kuwait, where he also organizes since Monday a conference for the reconstruction of Iraq after the devastating war with the jihadist organization.

The private sector joined Tuesday’s massive reconstruction workshop in Iraq. Baghdad, seeking to raise some $ 90 billion in financial pledges at the conference, sought to reassure investors by offering financial and legal incentives.

“When we launched our campaign in 2014, the organization of the Islamic State was expanding, but today it has been defeated,” Tillerson said in a speech to representatives of coalition states and organizations.

Dade continued,

but warned that the end of major military operations against Dahesh “does not mean that we have defeated him completely.”

Iraq announced the final victory over a pacifist in December after Iraqi forces and the popular mobilization restored large parts of the country that were seized by terrorist gangs in mid-2014.

The gangs also lost the terrorist zones that were controlled by Syria in the same military campaign Which was also accompanied by strikes against Russian troops stationed in Syria and allied with the regime of Syrian President Bashar al-Assad.

But even though “98 percent of the territory controlled by terrorist gangs in Iraq and in Syria was liberated,” the US secretary of state said the organization was still “a serious threat.”

“We must continue our fight against the terrorist organization as it continuously seeks recruitment and operations operations over the Internet,” he said, calling for “strengthening the strength of our coalition to counter the networks of foreign fighters affiliated with” the terrorist organization.

Kuwaiti Foreign Minister Sheikh Sabah Al-Khalid Al-Hamad Al-Sabah warned that despite “positive developments and remarkable results on the ground”, “the international community continues to face a direct threat from armed terrorist groups.”

Washington supports Syria’s “Kurdish People’s Protection Units,” which are fighting a dossier. “On January 20, Turkey launched Operation Olive Branch in northern Syria against the group it classifies as” terrorist. ”

In his speech, the US secretary of state, who is visiting Turkey This week expressed his country’s concern over events in northern Syria, calling on “all parties to continue to focus on defeating the Islamic state organization.”

Attracting investors

While Washington was calling for continued war on the terrorist organization in Iraq and Syria, Baghdad sought on the second day of the conference Reconstruction to attract investors who fear the security situation In this oil-rich country, which has been witnessing wars for nearly four decades

The head of the National Investment Commission in Iraq Sami Araji representatives of companies in the private sector, “Iraq is open to investors”

He said that Iraq offers to the private sector investment in most sectors, Oil, talking about 212 projects allocated by Baghdad to local and international investors and include “legal protection.”

Among these projects are the construction of oil refineries, housing, power plants, airports, railways, trains and roads.

Araji also said that Iraq intends to establish four free zones in the next ten years.

In turn, Oil Minister Jabbar Laibi announced that Iraq intends to increase its oil production by about 2.3 million barrels to reach its daily production by 2020 to seven million barrels. Iraq currently has the capacity to produce five million barrels, but it produces 4.7 million barrels commitment to the agreement to reduce the production signed between OPEC oil countries and beyond.

The efforts of the Kuwait International Conference on Iraq Reconstruction are focused on gathering commitments and pledges from donors and investors. Baghdad announced on the first day of the conference that Iraq needs $ 88.2 billion, including $ 20 billion in an urgent and the rest in the medium term.

Iraq relies on international donors, especially the private sector. The value of contributions and financial pledges will be announced on Wednesday.

But rampant corruption is one of Baghdad’s biggest challenges in seeking funds. Iraq ranks 166th out of 176 countries on the list of the most corrupt countries according to the latest list issued by Transparency International.

The head of the legal department of the National Investment Commission Nizar Nasser Hussein, said that the laws in Iraq do not differentiate between the domestic investor and foreign, noting that foreign investors can establish Iraqi companies.

He also stressed that Iraq intends to exempt investors from income tax for a period of 10 to 15 years.

Araji gave a brief picture of opportunities, circumstances and investment gains in Iraq, saying investors “face high risks, but they come in return for big profits.”


The House of Representatives concludes reading and discussing the Federal Budget Bill of 2018


– 2/13/2018 4:44:00 AM254 Number of readings


Khandan –

The Iraqi Council of Representatives in its regular session, which was resumed on Tuesday to read and discuss the draft federal budget bill for the year 2018, while boycotting the Kurdish blocs meeting.

According to the Information Service of the House of Representatives in a statement, that at the outset of the session, the Speaker of Parliament Salim Jubouri on the proposal of the Finance Committee to hold a meeting of the heads of parliamentary blocs with the Finance Committee to discuss the vote on the federal budget for the year 2018, stressing the keenness of the Council to take observations of parliamentary blocs on the budget , Announcing the establishment of a contact with the President of the Republic for a meeting of the three presidencies to discuss the issue of voting on the budget.

According to the statement, the Council has read the report and discuss the draft federal budget law of the Republic of Iraq for the fiscal year 2018 submitted by the Finance Committee.

The deputy Ahmad Hama Secretary on behalf of the Kurdish blocs that the proportion of compensation of the staff of the province in the draft budget law has been reduced in a way to cover a large proportion of employees as the term provinces of Kurdistan is contrary to the Constitution as it suggests the unwillingness of the federal government to deal with the provincial government, The Bureau of Financial Control with the branches of the Office of Control in the provinces of the province represents another violation, indicating that the proposed rate of 12.67 for the Kurdistan region is inaccurate because of other figures.

The meeting is scheduled to resume on Thursday 15/2/2018.

The information department of the

Iraqi Council of Representatives

Today .. Abadi chairs the closing session of the Conference on the reconstruction of Iraq

14/2/2018 12:00 am

Under the patronage and presence of the Amir of Kuwait, with the participation of the delegations of 70 countries and dozens of international organizations,
Kuwait / Abbas Abboud / Mohammed Ismail / Photography / Ali Gharabawi
under the patronage of Prime Minister Haider Al-Abbadi and under the patronage and attendance of the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, (12-14 February), in cooperation with the United Nations, the European Union and the World Bank, and the participation of heads of delegations from more than 70 countries; Abadi will address Iraq at the editorial hall of the Amiri Palace in front of dozens of international personalities, N General of the United Nations Antonio Guterres and European Union Commissioner for Federica Mgrena and foreign ministers of America, France, Britain, Turkey, Iran, Oman, Jordan and other countries.
Abadi stressed that reconstruction will create thousands of job opportunities for Iraqis, while he pointed out that there is a plan to be Iraq within the world’s twentieth largest economic group. “We have a plan to move to Iraq to be within,” Abbadi said in a televised speech ahead of his visit to Kuwait. “The reconstruction will create thousands of job opportunities for Iraqis,” he said, noting that “we are moving towards a new stage in which a strong and victorious and unified Iraq is the symbol of our strength.” The prime minister added that “our interest Basra is essential, And we will work to impose security and reconstruction of this province to be a kiss for investors, “stressing that” the turn of the international community on Iraq is positive and we must invest to support the interests of Iraq. “He explained that” reconstruction will include all cities of Iraq without exception. ”
Prime Minister Haidar al-Abadi arrived in Kuwait yesterday afternoon, and Abadi met in Baghdad on Monday evening, French Foreign Minister Jean-Yves Le Drean and his accompanying delegation, and the French minister continued his country’s support for Iraq in the stage of construction and reconstruction, indicating that the stability of Iraq will be a chance and a model In the region to insist on the liberation and construction, and pointed to the importance of the conference to reconstruct Iraq, which is held in Kuwait after the exit of Iraq victorious over the promotion and liberation of its territory, indicating that Iraq currently needs reconstruction, and France will participate strongly in this conference. Kuwaiti emir Sheikh Sabah Al-Ahmad Al-Sabah praised the Iraqi victories on terrorism, stressing Kuwait’s stand with the Iraqi people and supporting them in various fields. This came during the morning reception at Bayan Palace yesterday evening the Iraqi Journalists Syndicate Muayad Al-Lami and the accompanying media delegation on the occasion of their visit to the country .

According to a Kuwaiti official statement, “During the meeting, the Emir congratulated President Fuad Masum and Prime Minister Haider al-Abadi and the Iraqi people on the occasion of the victory over Da’ash. He hoped that this victory would achieve support for Iraq and its people in all its forms and components and contribute to unify its ranks. Kuwait to the Republic of Iraq and to the Iraqi people reflected in one of the forms of the Kuwait International Conference for the Reconstruction of Iraq, which represents an international platform for the Iraqi government to continue its efforts in the reconstruction process, “and praised the morning of” all efforts from both countries in the missed opportunity To the seditionists and address them by all means and ways, and hope that the security and peace and stability in Iraq and the region. ”
Iraqi diplomacy
On the other hand, Foreign Minister Ibrahim al-Jaafari arrived in Kuwait to participate in the donor conference to support the reconstruction of Iraq and the meeting of the international coalition against terrorist gangs.
Al-Jaafari met with Kuwait’s First Deputy Prime Minister and Foreign Minister Sabah Khalid Al-Hamad Al-Sabah. The meeting reviewed the progress of bilateral relations between Iraq and Kuwait and the efforts made to host Kuwait conference to support the reconstruction of Iraq. The importance of exchanging visits between officials of the two countries, and the continuation of meetings of the Joint High Committee.
Al-Jaafari also praised the Kuwaiti government’s contribution to Iraq’s war against terrorist gangs and the assistance provided in various fields. He praised Kuwait’s hosting of the donor conference and the great efforts it exerted to mobilize support for Iraq. The keenness of his country on the success of the donors conference, and mobilize international support for Iraq, and contribute to the reconstruction of the infrastructure of Iraqi cities, looking forward to contribute to the donor conference to support security and stability in Iraq, congratulating the great victories achieved by The Iraqi people in the war on terrorist gangs Daesh. ” International support

UN Secretary-General Antonio Guterres urged support for the reconstruction of Iraq at the Kuwait International Conference on Iraq Reconstruction. “Guterres, who traveled to Kuwait, will meet with Prime Minister Haider Abadi and the conference host,” Secretary-General Stephane Dujarric said in the daily briefing. Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and other leaders participating in the conference. “Arab League Secretary-General Ahmed Aboul Gheit also called on Kuwait to” build international support for the reconstruction of Iraq. ”
“The conference on the reconstruction of Iraq is a strong humanitarian message to the world that there is a duty and a duty to a country that has been affected by terrorism,” he said, adding that “confronting terrorism creates a balance in the region, And the world is beaten from every direction, and when we eliminate the pocket of terror pockets, there are people paid for the elimination of the least thing to do is stand by his side. “He pointed out that his recent visit to Iraq, and attend the reconstruction of Iraq was commissioned by President Abdel Fattah Sisi , And noted that “that visit was to see how much the challenge Facing the Iraqi people, and that Egypt ‘s participation in the Iraq reconstruction conference a strong message from the political leadership that Egypt stands in Iraq row as well as congratulating Iraqis who have been able to root out terrorism. ” Distinguished attendance

In the same context, the Islamic Republic of Iran welcomed the international conference hosted by the State of Kuwait for the reconstruction of Iraq, noting the participation of Foreign Minister Mohammad Jawad Zarif in the conference.
“Tehran welcomes such conferences and international participation in the reconstruction of Iraq is necessary and an important step in this area,” Iranian Foreign Ministry spokesman Bahram Qasimi said. “Tehran will have an active and constructive role in the reconstruction and development of Iraq, The Iraqi economy will continue to support and help Iraq, “and stressed that” the contribution of the international community in the reconstruction of Iraq is a necessary step in the right direction, “stressing that” the need to be involved in an honest and unconditional. ”
For his part, praised US Secretary of State Rex Tillerson, the efforts of Kuwait to host the Conference on the reconstruction of Iraq, Tillerson said during a meeting with his Kuwaiti counterpart Sabah Khalid Al-Hamad Al-Sabah: “The establishment of the conference reflects the vision agreement between Kuwait and the United States in support of Iraq to recover and ensure Maintaining the foundations of security stability in it. ”
For his part, said Norwegian Foreign Minister Inh Soreda: “The convening of the conference at this time ensures the achievement of positive results are concrete in the interest of the Iraqi people after the victory of Iraq on a supporter,” and praised the Foreign Ministers of Turkey Mouloud Oglu and Oman, Yusuf bin Alawi and Australia Julie Bishop, Kuwait’s efforts to hold the Iraq reconstruction conference. International data

For its part, called on the United Nations Food and Agriculture Organization of the United Nations (FAO) Kuwait International Conference for the reconstruction of Iraq, to ​​the urgent funding to help millions of Iraqis living in rural agricultural areas, which have been severely affected in the past period. According to the statement received by the “morning”, ” 12 million Iraqis in rural areas constitute one-third of the country’s population. They rely on agriculture for their livelihood. The development of these communities is achieved only through the rehabilitation of the agricultural sector, which has been severely affected by large-scale work in the region. Long term after years of For a conflict. ”
“Violence has forced farmers in northern and north-western Iraq to abandon their farms and destroy and damage their crops. It is estimated that Iraq has lost 40 percent of its agricultural production over the past four years, which has dominated large tracts of land, And the destruction of infrastructure, water sources and agricultural production in addition to the looting of agricultural equipment and seeds, crops and stored stocks and domestic animals. “The Organization noted that” at the end of 2017, and with the declaration of Iraq victory over the call and destroy the structure, it is necessary to revive the sector The agricultural, which is the second largest supplier of GDP of the country in order to improve food production and the ability to withstand and recover the rural population in Iraq, “the statement quoted the representative of the Organization (FAO) in Iraq, Fadel Al-Zoubi as saying that”
Affected. ” In
turn, the United Nations Educational, Scientific and Cultural Organization announced (UNESCO) , the Director – General of the Organization of Audrey Azoulay will participate in the Kuwait International Conference for the Reconstruction of Iraq, the organization said in a statement that” Oozlaa will address on the last day of the conference will also be a series of bilateral meetings with A number of senior officials “.


Kuwait Conference: The Iraqi Government and the Challenge of Low Reliability

The General Secretariat of the Council of Ministers announced on February 9, 2018, the completion of the procedures for the convening of the reconstruction conference which will be hosted by the State of Kuwait during the period 12-14 February 2018, confirming the participation of many countries, international companies, international organizations and international financial institutions. For its part, announced the Iraqi National Investment Commission that it will show 157 projects described by the strategy for investment during the conference.

The Iraqi government has already announced the need for $ 100 billion for the reconstruction of the provinces and cities liberated from the control of the terrorist organizations, and is now striving to collect the bulk of this amount in the reconstruction conference in Kuwait with the decline in financial revenues due to low oil prices.

The need for post-conflict reconstruction is not new to Iraq. It can be said that Iraq saw that need three times after 2003 – the need for reconstruction after the US invasion in 2003, reconstruction after the elimination of al-Qaeda and the latest in Iraq at the current stage. As is the case, the state institutions did not succeed in achieving the first and second phases of the reconstruction and stability, which reached the country for this case for several reasons, including corruption, lack of public policy planning, and lack of awareness of the nature of the stage. Which has created a negative image of the performance of state institutions that failed in all sectors except the oil sector and the institutions are considered that they can not succeed in recruiting international support in the reconstruction and stability.

This is to highlight this important and crucial issue of international support for reconstruction. We certainly do not have the Marshall Plan of Iraq, no substantial financial support, and it is very much promoted in Iraq. The system is still the same if we say that it worsened performance more, and still the top spoilers are protected by the organs of the state and have a significant role in decision-making and take, and still political corruption, financial and administrative at the highest levels.

We do not want to be pessimistic, but that’s the reality. We are still afraid, but we are afraid to discover our reality and run away without turning back. The decision makers must realize that the money they can get from countries is mostly taxpayers’ income, so policymakers in participating countries can not sacrifice their voters and their public to pay money to institutions they see as corrupt and inefficient.

In the last few days before the announcement of the military victory and even after announcing the organization of a supporter of the terrorist, the government and judicial institutions and control in front of a large opportunity to confront corruption and launched a campaign and a large and resolute, especially with the support of the general public and religious reference. Much of the financial resources needed for the reconstruction and stability of the liberated areas could have been provided. This file is important and the government has a responsibility to provide a clear picture of it and a precise and practical vision around it to enhance the investment environment. And therefore there is no guarantee that the funds provided will be treated transparently and will be spent in accordance with the accounts of a large transparency at the time does not have the final accounts for the last six years at the level of the federal budget.

Also, in the framework of providing the investment environment, there is another file of files that the government must submit to it, which is the administrative routine and the lack of integration of the legislative framework guaranteeing the rights of investors and the sponsor to provide facilities for foreign investments institutionally. This file is a major shortcoming in which the government and the House of Representatives share a great deal of misfortune. This is because the government did not achieve a few successes in the “one-stop” system, despite its approval.

The banking system and the financial system in the country has traditionally been one of the main infrastructures sought by the investor in ensuring the transfer of his money and profits in a fragile security environment controlled by arms outside the state system in some areas.

These points represent many challenges to the government and the House of Representatives and require them to pass them according to a clear economic vision that contributes to the creation of international credibility in the institutions of the state and meets the ambitions of the international community units in the transparency of spending and the clarity of its tracks in reconstruction and stability.

At this stage, Iraq is the strongest party in defeating terrorism and has achieved remarkable successes in this file. I imagine that the international community has a great interest in not returning terrorism and extremism to it by strengthening the economic environment that guarantees the welfare of individuals and avoids engaging in extremist groups, whether religious or otherwise.

* Researcher at the center of the Euphrates Development and Strategic Studies / 2004-Ⓒ2018


Alliance countries emphasize their willingness to adapt and flexibility to threats, “urging”


– 2/13/2018 5:32:00 AM24 Number of readings



The foreign ministers of the countries of the international coalition against the terrorist organization “Da’ash” on Tuesday stressed the alliance’s keenness to adapt and flexibility towards the inevitable development of the threat of this terrorist organization.

“The Alliance is keen to remain vigilant towards the inevitable development of a threatening threat through multilateral institutions and existing regional organizations to fight terrorism and combat violent extremism,” the ministers said in a statement after their meeting.

They called on the alliance to share its experience in the international efforts to combat terrorism and look forward to a future in which the international community is confident of the tools it has in order to address the threats related to the organization calling and eliminating it.

“The coalition and its working groups take into account the need to focus the attention of the international community on combating the threat of international cross-border intimidation,” said the foreign ministers of the countries of the International Coalition.




Prime Minister Dr. Haidar al-Abadi sponsors in Kuwait the signing of a memorandum of understanding between the Republic of Iraq and the Bank of American exports on the provision of credit facilities with a ceiling of 3 billion dollars for companies operating in Iraq. —————– Media Office of the Prime Minister 13 – February – 2018



Abadi: Iraq stands on the ruins of massive destruction left by terrorist gangs and need the support of the international community (expanded)


Editorial Date: 2018/2/13 18:46 • 116 times read
The Iraqi Prime Minister, Haider al-Abadi, said that Iraqis, just as they had won in the war on terrorism, would triumph in reconstruction, indicating that Iraq stands as a strong unified victor but stands on the ruins of massive destruction left by terrorist gangs and needs the international community’s support for its reconstruction.
“We are pleased to meet today to participate in and contribute to the reconstruction of Iraq in the State of Kuwait,” he said in a speech to a large number of investment companies attended by a number of officials of the world on the day devoted to investment and the private sector in Kuwait. And we offer our thanks to the international community for its confidence in the Iraqi government, which is reflected in this mobilization and the great support of the countries and major companies in the world participating in the conference to reconstruct Iraq. ”
“We have taken over the responsibility of running the Iraqi government under very difficult conditions. The terrorist gangs of Da’ash have occupied one-third of Iraq’s territory. Millions of our people have been abandoned, and infrastructure and economic and service facilities have been destroyed in an unprecedented manner in the history of Iraq or the region. For decades, and was accompanied by a major financial challenge is the significant drop in oil prices to low levels despite the increasing need to spend on sustaining the battle against Dahesh.
“We are determined to face the challenge of eradicating terrorism, defying the financial crisis, fighting corruption and the bureaucracy that hides behind it, advancing economic reform, simplifying procedures and setting up a supreme investment committee headed by the prime minister.”
“The courage of our heroic forces, the steadfastness of our people, their unity and their cohesion with the state’s joints have played a decisive role in the victory over the grave and the grave of his sick dreams,” said Abbadi. “The call of the religious authority has a remarkable role in mobilizing citizens and volunteering in defense of their homeland, The tenth of the month of December of 2017 the final victory to liberate our pure land and fondly recall the friendly countries that stood with us in our war against a supporter. ”
“The war has ended and the battle for reconstruction and reconstruction has begun. Our material losses are large and require huge amounts of money, but victory is achieved by what is more precious than all of this, with the sacrifices of thousands of our finest sons who have been blessed with their blood.”
“Today, Iraq stands a strong unified victor, but it stands on the ruins of massive destruction left behind by terrorist gangs, not only the infrastructure and economic facilities, but also the destruction of the country, But included the housing sector, which gangs inflamed their anger against the safe houses of people, destroyed at least (150) thousand units of destruction, in whole or in part, which requires us to give a high priority with the support of the international community for the return of displaced people, and the stability and the prevention of any groups Terrorist organization.
“We would like to emphasize that Iraq has the qualifications to promote God’s natural resources and human potentials and specialized in all fields of work and creativity and skilled support, and we can help and support friends and brothers to mobilize efforts and benefit from the investment environment and legislative appropriate to implement economic projects and urban and service in the provinces And other governorates where development opportunities have been severely disrupted, including the province of Basra, which is characterized by its vital location and location in the program and plans for reconstruction and construction, which creates many job opportunities for Iraqis contribute to improving their level of Issa and the strengthening of security, economic and social stability. ”
“We emphasize the ability of our country to attract capital and companies from outside Iraq and from within to start a new phase of reconstruction, a stage based on investing the country’s potential and human resources and natural and compensate for what missed Iraq opportunities over the decades that sparked the regime wars with countries And led to the imposition of a comprehensive siege on Iraq, which lasted for many years, and widened the gap in what should have reached the country to him.
He added: “In this context, we are keen to carry out major reforms to promote the economic reality and encourage the investment movement, including partnership between the public and private sectors. The Cabinet issued a series of important decisions to address the problems and obstacles that may hinder or delay the procedures of investment activity. The extent of the meetings held here during the previous two days, representatives of the Iraqi government to part of those decisions and procedures, which facilitate the work of investors and the private sector.
The three main files adopted by the government and prepared by Iraqi experts and the World Bank have been prepared to prepare the general framework for reconstruction and development and to assess the devastation in liberated areas and investment opportunities. Available in the provinces of Iraq. ”
He pointed out that “we thus put before the interested donors or funded or invested databases based on a thorough objective extrapolation of the economic situation and service in Iraq.”

Abadi said that “despite the circumstances of the war we have fought and we have won by the sacrifices and courage of our heroes and the international support we have received, we have given the humanitarian side a great deal of attention and in every battle we fought in liberating the cities we put the liberation of the people before liberating the land. The heroine and we were following the humanitarian operations, both in sheltering displaced persons or in their rehabilitation after the rehabilitation of their areas to support stability and provide the basic living requirements and we are still working on this way to restore the remaining displaced to their areas, especially we are at the doors of elections and want to Iraqis in order to participate Aa to choose their representatives for the advancement of the country. ”
“We must continue to closely follow the fate of those who have lost or been displaced and appeal to the relevant organizations to support our efforts, as well as to pursue terrorist gangs,” he stressed.
Al-Abbadi reiterated “the emphasis on continuing the reconstruction and development approach in our country and we look forward to the world’s standing with us in mitigating the effects of criminality on the one hand and the common interests of our country and the countries of the world and the international organizations that renew our respect for all that we have done and are grateful for the Efforts to reconstruct Iraq. ”
“We reiterate our thanks and appreciation to the Kuwaiti Amir, the government and the people of Kuwait for their generous initiative in responding to this conference and we look forward to building the best fraternal relations between our two peoples and our countries. And the world has good relations with all countries of the world. ”
He also thanked the ministers of countries and companies for their participation and interest in Iraq, and just as the Iraqis won the war will win in reconstruction.


Baghdad decided to lift a partial ban on flights to Erbil and Sulaymaniyah international airports


Prime Minister Haider al-Abadi has agreed to open Erbil and Sulaymaniyah international airports in an exception to his government’s decision to ban air traffic since September 29, but stipulated that the flights are currently only for passengers to perform Umrah to Mecca in the first partial lifting of the ban on international flights at airports. Territory.
The Iraqi Civil Aviation Authority said in a letter signed by the Director General of the National Operations Center, Abdul Amir Mohammad Ali, that “the approval of the Prime Minister of the respectable landing and take off aircraft transporting pilgrims at the airports of Erbil and Sulaymaniyah international” .. Noting that ” Detailed on the number of international flights “.
The Iraqi government imposed an air embargo on international flights to and from Erbil and Sulaymaniyah airports on September 29, five days after the provincial authorities organized a referendum on secession from Iraq on January 25.


Iraq and US Export and Import Bank sign $ 3 billion deal


US Secretary of State Rex Tillerson
 money and business

Economy News Baghdad:

The US Export and Import Bank plans to provide a $ 3 billion line of credit to help rebuild the country after the war against a pro-Western organization, US Secretary of State Rex Tillerson said on Tuesday.

“To demonstrate its strong commitments, the Export and Import Bank and the Iraqi Ministry of Finance will sign a $ 3 billion memorandum of understanding today that will set the stage for future cooperation,” Tillerson told a conference in Kuwait on the reconstruction of Iraq.

Iraq promises foreign companies to remove obstacles to their work

Prime Minister Haider al-Abadi during his speech at the Conference Invest in Iraq held in Kuwait
 Emaar Construction

Economy News Baghdad:
Prime Minister, Haider Abadi, promised international companies to remove all the obstacles they face when they enter the Iraqi market and invest in it.
Ebadi said in his speech to foreign companies present Conference invested in Iraq held in Kuwait and followed the “Economy News”, “we are determined to confront the financial crisis and the fight against corruption, bureaucracy and thebright economic reform and simplification of procedures and the lifting ofobstacles to reconstruction and investment.”
He added that “Iraq has the qualifications of advancement Of natural and human resources and we can with the help and support of friends and brothers to mobilize efforts and benefit from the investment environment and legislative appropriate for the implementation of economic projects, urban and service in the liberated provinces and other provinces that give T where development opportunities. ”
“The ability of Iraq to attract capital and companies from outside Iraq and inside to start a new phase of reconstruction, a stage based on investment potential of the country and its human and natural resources and compensate for what missed Iraq opportunities over the past decades of the past.

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