Shafaq News/ The spokesman for the Baghdad Conference for Cooperation and Partnership, Nizar Al-Khairallah, confirmed on Wednesday evening that one of the conference’s goals is to establish sustainable economic and investment partnerships in various fields between Iraq and the countries of the region.
Al-Khairallah said in a press conference, which was followed by Shafak News Agency, that Iraq welcomes “brothers, friends and partners” in the Baghdad conference, which came “as a result of the policy of balance and the quiet diplomacy pursued by Iraq and the confidence in its capabilities and capabilities.”
He added, “One of the objectives of the conference is the possibility of establishing sustainable partnerships between Iraq and the countries of the region in the fields of economy, investment, energy, transport, trade and the environment.”
Al-Khairallah added, “We are working to make this conference a basic building block for building sustainable partnerships and cooperation between Iraq and its partners in common issues and challenges.”
He pointed out that “the continuity and strengthening of the pivotal and important role that Iraq plays, constitutes an important positive impetus for the expected constitutional process.”
He considered that “holding this conference in Baghdad, with the expected attendance, and with the prepared agenda, is a qualitative shift in the foreign policy of the Iraqi state,” noting that the conference “is an opportunity to confirm the commitment of the participating countries to the unity, sovereignty and stability of Iraq.”
On August 28, the Baghdad Conference of Neighboring Countries, whose official name has become the “Baghdad Conference for Cooperation and Partnership”, will be held in the presence of presidents and representatives from Iran, Turkey, Jordan, Kuwait, Saudi Arabia, the UAE, Qatar, Egypt and French President Emmanuel Macron.
The spokesman for the Iraqi Council of Ministers and Minister of Culture, Hassan Nazim, said on Tuesday that the date of the Baghdad Regional Summit will be next Saturday (August 28).
And the Iraqi Prime Minister, Mustafa Al-Kazemi, said, on Tuesday, that “the Baghdad conference will be the culmination of Iraq’s diplomatic efforts, and an affirmation of the government’s keenness to develop Iraq’s foreign relations, which have reached a distinguished level,” adding, according to an official statement, that “the Iraqi government has been accepted at the international level.”
So far, the intention of French President Emmanuel Macron, Egyptian Abdel Fattah el-Sisi, and Jordanian King Abdullah II to attend the summit has been confirmed.
Iraq also sent invitations to Iran, Saudi Arabia, Turkey, the UAE, Qatar and Kuwait, but none of these countries has yet confirmed the presence of their leaders or representatives to Baghdad, while the spokesman for the Iraqi Council of Ministers said that “Kuwait announced its support for the upcoming summit.”Al Hurra – Washington
Published in: Aug 25, 2021: 08:21 PM GSTLast updated: Aug 25, 2021: 09:02 PM GST
After UN statements stressing the importance of the Iraqi elections , the US delegate to the United Nations, Linda Thomas-Greenfield, confirmed that her country welcomes the efforts of the United Nations Assistance Mission for Iraq (UNAMI) to support the elections with additional observers.
During a session of the Security Council today, Wednesday, the American delegate indicated that the United States announced a grant of $5.2 million for the election monitoring team of the United Nations Mission in Iraq.advertising materialhttps://9c2466e8ae245fd9f2620d9d5e8d2649.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.htmlIRAQUN mission: Elections are essential to the future of Iraq
In parallel, the delegate stressed the need for “judicial accountability for the killings carried out by militias against civil society activists.”
She also said that the United States, along with its coalition partners and the North Atlantic Treaty Organization (NATO) mission in Iraq, will continue to train, advise and empower Iraqi security forces in the war on terrorism, and build their capabilities to confront future threats.
It also called for the perpetrators to be held accountable, affirming support for free and fair elections in Iraq, and said that Washington was preparing for a new phase of the campaign to defeat ISIS, led by Iraq and its people.
Shafaq News/ The Iranian currency recorded, on Wednesday, a major collapse against foreign currencies, shortly after the government of new President Ibrahim Raisi gained the confidence of the Islamic Consultative Assembly.
According to the “Aftab News” website, the price of one US dollar amounted to 280,810 Iranian riyals on the black market, while the value of the euro amounted to 320 thousand and 120 riyals, and the value of the pound sterling reached 387,560 Iranian riyals.
Since the beginning of last June, the exchange rate of the dollar has been constantly rising, and the Iranian national currency has lost about 15% of its value during this period.
Iranian officials did not say the reason for the sharp rise in the value of the dollar, but the Iranian Treasury recently reported that only “three percent” of oil revenue was generated this spring, with the withdrawal of the Iram network.
Oil was the most important source of foreign exchange in Iran in the period before the US sanctions imposed by the administration of former President Donald Trump, with annual sales of $60 billion.
According to the budget law, the government of former President Hassan Rouhani allocated $33.5 billion for oil exports for this year, of which $19 billion is a share in the general budget, but only 3% of the expected figure was achieved this spring.
The price of the dollar at the beginning of last year was 160,000 Iranian riyals, but it reached its peak last November at about 320,000 riyals.
Iran faces a problem in providing hard currencies, including the US dollar; Because of the sanctions imposed by the administration of former US President Donald Trump, after withdrawing in 2018 from the 2015 nuclear agreement, the Iranian government was also prevented from accessing its blocked funds in foreign banks.
The depreciation of the Iranian riyal affected the living and economic conditions in the country, as the prices of basic materials rose several times, and gold prices and the prices of cars and homes rose several times as well, and all the measures taken by the government of former Iranian President Hassan Rouhani failed to limit the price hike.
Baghdad / NINA / – The United Nations representative in Iraq, Jenin Hennis-Plasschaert, confirmed that the decision to boycott the Iraqi elections scheduled for next October “is not an effective strategy”, whether for voters or politicians.
In a briefing to the UN Security Council in New York on the situation in Iraq, Plasschaert said that “the October elections have the potential to be different from the 2018 elections,” noting that “the credibility of the October elections will be essential for the future of Iraq.”
She added that “boycotting the elections is not an effective strategy, whether for voters or politicians,” noting that “the number of United Nations staff members currently involved in the elections is 5 times the number of those who worked in the 2018 elections.” / End 5
Baghdad – Mawazine News The French presidency announced that President Emmanuel Macron will visit Iraq to participate in the Baghdad Conference on Cooperation and Partnership, which will start next Saturday. On the sidelines of his visit to Baghdad, Macron will visit, on Sunday, the Kurdistan region and the city of Mosul, parts of which were destroyed after being in the hands of ISIS terrorist gangs for three years.
The French presidency indicated that Macron will speak in Mosul with students as well as “influential” personalities before showing his support for Eastern Christians by visiting the Church of Our Lady of the Hour, and will also visit the site of the reconstruction of the Al-Nuri Mosque, which was destroyed by ISIS.
Macron will visit Iraq this weekend to participate in a regional summit in order to support the stability of the country and to remind the role that Paris wants to continue in the region, especially in the fight against ISIS.
Macron will be the only participant in the summit from outside the region, and he is one of the few who have confirmed their attendance to Baghdad, where he will meet Iraqi leaders, in addition to his Egyptian counterpart Abdel Fattah al-Sisi and King Abdullah II of Jordan.
The Turkish and Iranian presidents, as well as the Saudi monarch, were also invited, but they have not yet confirmed whether they intend to participate, according to an Iraqi source.
The French presidency clarified that Emmanuel Macron, who paid a brief visit to Iraq on September 2, 2020, wants “to show his support for the pivotal role of Iraq, to combat terrorism, to develop the country and to help ease tensions.”
“As in the Sahel region, it is about our neighborhood and our national security, and France is keen to continue this fight in Iraq and elsewhere to avoid the re-emergence of ISIS,” said an adviser to the French president. Paris provides Iraq with military support, especially air, with an average of 600 personnel on the ground.
Playing the mediator’s role represents a challenge to Iraq, and the participation of Saudi Arabia and Iran in the summit will be an event in itself.
The surroundings of Prime Minister Mustafa Al-Kazemi say that there is a desire for Iraq to play a “constructive and inclusive role to address the crises afflicting the region.”
In his bilateral talks, Macron is expected to address regional issues such as the situation in Afghanistan, as well as the situation of French terrorists detained in Iraq and the issue of women’s rights. Ended 29/A87
1,256 Economie 2021/08/25 11:11 Baghdad today – follow up International Monetary Fund data show that the Arab countries that are members of the International Corporation have a share of about 5.72%, and therefore they will receive a share estimated at $32.2 billion in the form of Special Drawing Rights amounting to 22.7 billion units of drawing rights, according to what was published by foreign media. Yesterday, for the fourth time in its history, the International Monetary Fund began distributing special drawing rights to its members, this time amounting to 650 billion dollars, equivalent to 456 billion units, which is the largest historically, to its 190 members, in the form of special drawing rights, which approved To be allocated early this month . The allocations for the general distribution of Special Drawing Rights are divided among the countries that are members of the Fund in the same percentage of their quotas as their membership in the Fund.
Arab countries The Kingdom of Saudi Arabia, being the largest Arab country, ranked first, with its special drawing rights amounting to 9577.5 million Special Drawing Units, and its voting share amounting to 2.1 %.
And in the second place comes the UAE with 2,125.2 million drawing units, and its voting share is 0.49%, then Egypt is in third place with 1952.5 and its voting share is 0.43 %.
Algeria comes in fourth place, with 1853.2 million SDRs, with a voting share of 0.41%, then Kuwait with 1853.2 million SDRs with a voting share of 0.41 %. While Iraq ranked fifth with a share of 0.35% and withdrawal rights amounting to 2.264724 million dollars. The Special Drawing Right is an international interest-bearing reserve asset created by the Fund in 1969 as a complement to other reserve assets of member countries .
The value of the SDR is based on a basket of international currencies consisting of the US dollar, the Japanese yen, the euro, the British pound and the Chinese yuan. The SDR is neither a currency nor a claim on the Fund, but a potential claim on member countries’ freely usable currencies .
SDR allocations are distributed only to member countries that choose to participate in the SDR administration. All members of the fund are currently participating in it.
417 Policy 2021/08/25 18:12ak Baghdad today – Baghdad The spokesman for the Baghdad Conference, Nizar Al-Khairallah, revealed today, Wednesday, the latest preparations for the conference and its objectives, stressing that the international presence is necessary to strengthen the Iraqi role. Al-Khair Allah said in a statement received by (Baghdad today) that “Al-Kazemi formed a preparatory committee to prepare all procedures related to the summit,” explaining that “we look forward to participation at high levels in the Baghdad conference.” He added that “the international presence is a necessity to enhance the Iraqi role,” noting that “the Baghdad conference under Iraqi sponsorship and the response of the leaders of the countries was their confidence in the Iraqi role.” He revealed the government’s “serious desire to build economic partnerships with countries in the region to advance the country.”
Baghdad – Mawazine News , Minister of Finance Ali Abdul Amir Allawi chaired, on Wednesday, the meeting of the nineteenth session of the Committee for the Preparation of the Federal General Budget Strategy for the medium term 2022-2024. The session was held in the presence of the head of the General Authority for Monitoring Federal Ministries’ allocations, the undersecretary, the prime minister’s advisors, the ministry’s advisors, and a number of general managers in the ministry and related ministries. for the next fiscal year. The meeting also witnessed review of the proposed general budget model for the next fiscal year, which was submitted by the Prime Minister’s Advisor for Economic Affairs. In the same context, the session discussed the report submitted by the Ministry of Defense regarding the necessary recruitment costs and ways to discuss securing those allocations within the framework of the draft budget. Allawi stated: The Iraqi government, through the Ministry of Finance, is committed to implementing its reform program, especially related to drawing up sound financial policy and preparing budget projects that are consistent with the size of the current economic and financial challenges. And in order to achieve comprehensive development plans for the entire Iraqi economy. Ended 29 / h
Iraq is inviting Iran and its Gulf Arab rivals to a summit in Baghdad with the aim of calming tensions that have pushed the two sides to the brink of outright conflict in recent years.Wednesday 08/25/2021
Going in the right direction Iraq’s mediation between Iran and Saudi Arabia is a symbolic intervention that gives a positive impetus to the Iraqis The Saudi Foreign Minister heads his country’s delegation to the Baghdad summit The meeting will discuss the ongoing war in Yemen, the collapse of Lebanon, and the water crisis at the regional level
BAGHDAD – Baghdad will host on Saturday a summit of neighboring countries that will discuss the ongoing war in Yemen, the collapse of Lebanon and the water crisis at the regional level, but the most prominent topic for the Iraqis will be efforts to calm tensions between Iran and Saudi Arabia.
Theoretically, Iraq appears to be a suitable party to bring the views closer between Riyadh and Tehran, but on the ground, it seems difficult to verify for several reasons that start with the complexities of the Saudi-Iranian dispute and do not end with the weakness of the Iraqi state and its dependence on Tehran, which exploited an Arab position that distanced itself from Iraq.
The summit of neighboring countries hosted by Baghdad on Saturday will be the first test in the policy of openness that Prime Minister Mustafa Al-Kazemi aspires to, which began during the era of his predecessor, Adel Abdul-Mahdi, with the return of Saudi-Iraqi relations and the opening of the Saudi Consulate in Baghdad in April 2019 after the closure of 30 years.
A politician close to the prime minister said that Iraq, which hosted private meetings between Saudi and Iranian officials earlier this year, had received “positive signals” from Tehran and the Gulf states that it was ready for more direct talks.
Three other regional sources said they expected another round of direct talks between Iranian and Saudi officials on the sidelines of the summit, but the sources did not expect a breakthrough.
With Iraqi mediation, Riyadh and Tehran began direct talks in April to contain tensions. However, Tehran’s practices on the other hand do not indicate that there is any hope of achieving any tangible progress.
While the two sides talked about dialogue and a rapprochement of views, tensions had increased after an attack in 2019 on Saudi oil facilities that halted half of Saudi oil production for a short period. Riyadh blamed Iran for the attack, but Tehran denied the accusation.
Saudi Arabia is concerned about US President Joe Biden’s administration reviving nuclear talks that could lead to the easing of sanctions imposed on Tehran, and sees communication as a way to contain tensions without abandoning its security concerns over attacks that it blames on Iran and its allies.
Observers say that the participation of Saudi Arabia and the Arab Gulf states in the Baghdad summit and support for Iraq in its efforts to open it is a symbolic step and a very important matter in order to achieve a balance with Iran inside Iraq, noting that merely criticizing Tehran’s control of the political and security decision in Iraq will not help the Iraqis free themselves from this The fist that began to loosen with the escalation of popular rejection against Iranian interference and against politicians loyal to Tehran.
The situation today seems in favor of supporting the Iraqi Arab orientation, as it is not expected that Iran will provide anything in the field of reconstruction, while the Gulf states, led by Saudi Arabia, have offered to play a major role. Moreover, in its quest to develop its Gulf-Arab relations, Baghdad is investigating raising the levels of economic cooperation in light of a stifling crisis as a result of corruption, the repercussions of the war against ISIS, and finally, the Corona epidemic.
It seems that this is what prompted Saudi Arabia in recent years to review its relationship with Iraq. Since the return of relations, Riyadh has shown seriousness in supporting Baghdad. This was reflected in mutual visits between Iraqi and Saudi officials and politicians and the economic agreements that were signed in the various fields of investment and support.
Saudi Arabia will be represented at the Baghdad summit by Foreign Minister Faisal bin Farhan, on behalf of Saudi King Salman bin Abdulaziz. The German News Agency (dpa) reported that a number of senior Saudi officials will accompany the minister to the Iraqi capital.
During the past few days, Iraq delivered official invitations to attend the conference to Saudi Arabia, Turkey, Egypt, Jordan, Kuwait, Iran and Qatar. France, the United States, Russia and Japan will also participate.
The participation and attendance of French President Emmanuel Macron, Egyptian Abdel Fattah El-Sisi, Jordanian King Abdullah II and Kuwaiti Prime Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah was confirmed at the Baghdad summit.
Russia will be represented at the summit by its ambassador to Iraq, while the level of representation of the rest of the countries that have received invitations to participate, especially Turkey and Iran, is not yet known.
The conference aims to reduce tension in the region and focus efforts to combat terrorist groups. Baghdad also wants to strengthen its economic relations with neighboring countries, and open its doors to investments, especially to establish projects in areas affected by the war against ISIS.
And the Iraqi Foreign Minister, Fouad Hussein, announced that “Baghdad has received very positive answers to the invitations it made to a number of countries to attend the summit.”