King of Saudi Arabia affirms his country’s keenness on Iraq’s unity and support for its response to terrorism

Editorial date:: 2019/2/24 23:30

The Saudi King Salman bin Abdul Aziz stressed his country’s keenness on Iraq’s unity and support for its response to terrorism.

This came during a meeting between President Barham Salih on the sidelines of the Arab-European summit in Sharm el-Sheikh on Sunday, King Salman bin Abdul Aziz.

A statement issued by his office, received by the agency {Euphrates News} a copy of it, “was during the meeting discussed the views on many issues and developments on the Arab and international levels.”

He stressed Iraq’s keenness to strengthen relations with the Kingdom and all neighboring countries to serve the common interests, stressing that Iraq adopted a policy of openness to its Arab and regional environment, and his earnest desire to strengthen and consolidate the foundations of peace and stability in the region and easing tensions and crises on the Arab and regional arenas.

In turn, bin Abdul Aziz, “his country’s keenness on the unity of Iraq, again the Kingdom’s stand on the side of Iraq in its response to the terrorist gangs, expressing his hope to expand the prospects of cooperation in all areas to serve the two brotherly peoples.”

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America and China are seeking to reach an agreement before the deadline set by Trump

Arab and international

Economy News _ Baghdad

US and Chinese negotiators held more than seven hours of talks on Saturday to resolve trade disputes between the two countries and avoid an escalation in the tariff exchange, which has already disrupted world trade, slowed the global economy and strained financial markets.

The two sides will meet again on Sunday morning as they try to reach an agreement before the deadline set by US President Donald Trump, who threatened a dramatic increase in tariffs on Chinese goods unless an agreement is reached by March 1.

Saturday was the fifth consecutive day of negotiations between the world’s two largest economies.

The talks were extended until the weekend after the two sides announced progress in narrowing their differences.

The Chinese delegation is due to leave for Beijing on Monday, said a person familiar with the delegation’s route.

It was the fourth round of negotiations since Washington and Beijing agreed to a truce in their trade war.

Trump pursued the policy of “America First” aimed at rebalancing world trade in favor of the United States.

Trump said on Friday there was “a very good chance” for an agreement and was determined to extend a deadline for customs duties on March 1 and meet Chinese President Xi Jinping soon.

The extension of the deadline would mean suspending a planned increase of US $ 200 billion in tariffs on US imports from China to 25 percent from 10 percent now.

This would prevent a war of trade that has already disrupted commodity trade by hundreds of billions of dollars, slowed the growth of the global economy and hit markets.

Trump and Treasury Secretary Stephen Menuchin said both sides had reached agreement on currency issues, but did not elaborate. US officials have long said the Chinese yuan is undervalued, giving China a trade advantage and offsetting part of US tariffs.

China has also pledged to buy 10 million more US soybeans.

Reuters reported exclusively on Wednesday that the two sides are preparing memorandums of understanding on electronic theft, intellectual property rights, services, agriculture and trade without customs duties, including subsidies.

Trump said on Friday that those memorandums of understanding were not appealing because they were short-lived and he wanted a long-term agreement.

A source familiar with the talks said the two sides narrowed their differences over intellectual property rights, market access and cut the US trade deficit with China to about $ 400 billion. But there are still more disagreements over China’s chances of China’s state-owned enterprises, subsidies, forced technology transfer and electronic theft.

There is no agreement on the mechanism of implementation as well. The United States wants a strong mechanism to ensure China’s commitment to reform, while Beijing insists on what it calls a “just and objective” process.

“Application is a difficult puzzle,” the source, who spoke on condition of anonymity, told the group. “You need two objective arbitrators to make a decision.”

Trump said the biggest decisions could be taken when he met with the Chinese president, possibly in Florida next month, and those decisions could extend beyond trade to Chinese technology companies Huawei and ZTE Corp.

http://economy-news.net/content.php?id=15502

Saleh is looking with his Swedish, Austrian, Finnish and Somali counterparts to promote economic investment

Editorial date: 2019/2/24 17:53

The President of the Republic, Barham Salih, discussed in a separate meeting with his Swedish counterparts Stefan Leuven, Austrian Sebastian Kors, Finn Yoha Sibela and Somali Mohamed Abdullah Mohamed on the sidelines of the Arab-European summit in Sharm El-Sheikh to promote investment in the fields of economy, electricity and oil.

“Saleh discussed with his Swedish counterpart Stefan Leuven the relations between the two countries and the prospects for their development and promotion, as well as the contribution of Swedish companies in the reconstruction of Iraq and investment in the fields of economy, electricity and oil,” a statement from his office said.

“Saleh also stressed during his meeting with his Finnish counterpart Uha Sibela on the need to invest Finnish companies in the development of the oil, energy and industry sectors in Iraq, and its contribution to the reconstruction of areas affected by terrorism.

For his part, Sibela stressed his country’s support for achieving stability and prosperity for the Iraqi people and working to improve relations between the two countries in various fields.

The statement added that “the President of the Republic stressed during the meeting with his Austrian counterpart Sebastien Kors on the importance of strengthening bilateral relations between Iraq and Austria in all fields to serve the common interests of the two friendly peoples,” thanking “the European Union countries for their assistance to Iraq in its war against the organization calling, “The role of Austria in providing assistance to the displaced and the displaced.”

For his part, Cruz reiterated his country’s support for the stability of Iraq, stressing the importance of Austrian companies’ contribution to the development of industrial and investment sectors.

“The President of the Republic also received at his residence in Sharm El-Sheikh on Sunday the President of the Republic of Somalia, Mohammed Abdullah Mohammed. During the meeting, which was attended by the Ministers of Foreign Affairs, Trade and Culture, the two sides discussed bilateral relations and means of developing them. To serve the common interests. ”

Emphasis was also placed on the need to promote stability and peace in the region and to consolidate positions on the issues and events taking place in the Arab and international arenas

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Parliamentary Finance: Instructions for the installation of contracts will be announced within days

 

 money and business

Economy News _ Baghdad

The Finance Committee said on Sunday that the government is currently working on the preparation of regulations for the installation of contract staff and the restoration of their contracts in the ministries, noting that these instructions will be published within days. 
“The government will issue in the next few days regulations and instructions for all ministries in order to determine the mechanisms for the installation of contract employees and the payment of bonuses to free lecturers, as well as the renewal of their contracts in the security ministries,” said a member of the committee Haneen al-Qado. “He said. 
“The Finance Committee in the House of Representatives will issue periodic reports on the implementation of the government budget paragraphs and accountability in the event of default, especially on appointments and citizens’ rights.”
The Committee on Security and Defense parliamentary called earlier, the government to expedite the procedures for the restoration of their contracts in the Ministries of Defense and Interior to fill the shortfall in some provinces.

http://economy-news.net/content.php?id=15497

Deputy for the rest: Mr. Muqtada al-Sadr is in stable health and does not know the reason for his absence is only

 

Editorial date: 2019/2/24 17:01 

(Baghdad: al-Furat News) revealed the MP from the block of Sawson Ghalib Amiri, the stability of the health of the leader of the Sadrist movement, Moqtada al-Sadr.
“There is no truth to news that Mr. Muqtada al-Sadr is undergoing surgery,” Amiri told AFP. “His absence from the scene during this last period is only known to this absence.” 
He pointed out that “there is no one to represent him to explain the reason for this absence but his health is stable,” stressing that “Mr. Muqtada al-Sadr is currently outside Iraq, but not for the purpose of treatment.” 
The news has spoken on Saturday, the entry of the leader of the Sadrist movement, Moqtada al-Sadr, to a hospital in the Lebanese capital of Beirut for surgery is the eradication of the pancreas.

Decision of the Parliament: Budget of 2019 is the budget of a staff no more

 

Release date: 2019/2/24 12:23 
(Baghdad: Al-Furat News) confirmed the decision of the House of Representatives Khadija Ali Turkmani, that the budget of Iraq currently is the budget of no more employee, calling for “the elimination of corruption, which ravaged the institutions of the state.”
“We must move towards investment, which will solve the problem of unemployment by providing opportunities for employment of labor and solve the problems of Iraq in terms of local production,” the Turkmen said in a statement received by the agency {Euphrates News}. 
She added that “the trend towards investment must be preceded by a war on corruption, which has ravaged the state and its institutions in order to turn Iraq into a state that continues parallel to the rest of the world.”