AMMONNEWS – Kuwait and Iraq will hold a round of legal and technical talks on Sunday as part of their efforts to end a maritime border dispute if resolved that will stimulate economic development between the two countries, Kuwait and Iraq will be held on Saturday.
The land border between the two countries was demarcated by the United Nations in 1993 after Iraq’s invasion of Kuwait, but the demarcation did not include the length of their maritime border, leaving it to the two countries to find a solution.
The two sides will hold talks on Sunday, the foreign minister said, expressing hope for progress. “It is a top priority for my government as we are working with Iraq to finalize the demarcation of those maritime boundaries,” the minister added in an interview at the Munich Security Conference. Their legal and technical teams will meet on Sunday to seek an agreement, he said.
“We’re moving forward,” he continued.
An agreement would open the door to closer cooperation that includes port construction, border oilfield management, and the overall facilitation of trade and transport between the two countries and other areas. Kuwait’s foreign minister held talks with Iraqi Prime Minister Mohammed Shiaa al-Sudani in Munich on Friday.
{Economic: Al-Furat News} The exchange rates of the US dollar against the Iraqi dinar fell on Saturday evening, with the closure of the main stock exchange in Baghdad.
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Al-Kifah Central Exchange in Baghdad recorded this evening the exchange rate of 150,500 Iraqi dinars compared to 100 dollars, while the prices this morning were 151250 Iraqi dinars per 100 dollars. The prices of buying and selling in banking shops in the local markets in Baghdad also recorded a decrease, where the selling price reached 15,500 Iraqi dinars, while the purchase prices amounted to 149,500 dinars per 100 dollars.
Twilight News / Prime Minister Mohammed Shiaa Al-Sudani said on Saturday that the security of Iraq is a guarantee of the security and stability of the region, and as a result the security of the world.
He added at the end of his participation in the 59th Munich Security Conference, according to a statement by his office and received by Twilight News, “We explained at the Munich conference, our reading of the security situation in Iraq and the region, and stressing that the security of Iraq is a guarantee of the security and stability of the region, and as a result, the security of the world
Al-Sudani continued, “We explained the importance of cooperation and exchange of information between our security agencies and security services in the countries of the region and the world, and the need to respond to Iraq in recovering wanted and accused of terrorism cases, and stressed an important aspect related to stopping the financing of terrorist gangs, and we have shown through our intelligence that this funding comes from many countries and contributes to increasing the activity of terrorist gangs.”
The Iraqi Prime Minister said, “Within 48 hours, we held about 26 meetings, received senior security officials as well as politicians at the level of prime ministers or ministers and international organizations, and found real understanding and support and agreement with the Iraqi vision of the security and political reading of the region. Overall, during our participation in the conference, Iraq’s vision reached these important parties involved. This is a key factor in security and political understandings.”
He pointed out that “his government took into account all the circumstances that have passed through Iraq since 2019, and the accompanying popular rejection of many forms of living, service and economic performance, and we were part of this stage in different locations. From these circumstances, the priorities of the government program were formulated, and they were not set arbitrarily, but rather an accurate diagnosis of the aspirations and hopes of the people.”
Al-Sudani continued, “When we talk about the priority of combating poverty, creating jobs, eliminating unemployment, improving services and implementing projects, and combating administrative and financial corruption that threatens development plans and reforming the economy, this is the talk of the street, and it affects the whole of life in the country… We found that our priorities have reached the ears of all
He added, “When we talk to others about financial and administrative corruption, we put before them the entitlement of extradition and the recovery of Iraqi funds, and this is an obligation for them, as most of these countries participate in international conventions and charters concerned with combating financial and administrative corruption, and when we talk about reforming the economy, there are financial institutions that have experience in communicating information,
“Overall, with our presentation of priorities and the response we found, I believe that we achieved an important goal at the conference, and we have shorted the time that would have been wasted in meetings and correspondence that did not lead to results quickly enough,” he added. Al-Sudani continued, “We found a clear understanding and support for our economic reforms, and we showed the participants our determination to reform the financial and banking system provided that there is flexibility in some measures, as these reforms were delayed years ago, and were supposed to be completed within the agreed period in the past two years.”
“We need flexibility at the moment to implement the procedures and not to go back to square one,” he said. There is no return to distorted trade, money laundering and smuggling, and those who are determined to adopt the correct standards of financial transfers and clean trade, which reflect Iraq’s seriousness in engaging in the global financial system, and add to it indicators of reliability in dealing trade.
The Prime Minister pointed out that “the reforms are accompanied by a social cost, and may be calculated politically as harming the government, but in the near term, God willing, the citizen will touch their importance, and international financial institutions in Iraq will see a country that adopts the correct standards in the financial and banking system.”
He concluded by saying, “Climate change, environmental impact, water scarcity, increasing the area of desertification, burning gas and its successors, all these are real problems, and they are a serious threat to the situation in Iraq, which we have put in our priorities, and it was part of the axes of discussion with those we met and expressed readiness to support us in addressing these environmental and climate impacts.”
Twilight News / Tomorrow, Sunday, a delegation from the Kurdistan Regional Government will travel to the Iraqi capital Baghdad to continue negotiations between the governments of the region and the federal.
“In order to continue meetings between Erbil and Baghdad, we will visit Baghdad tomorrow, Sunday as a delegation from the Kurdistan Regional Government,” the head of the Council of Ministers of the region, Omid Sabah, said in a statement received by Shafaq News.
“The visit comes to negotiate outstanding issues between the two sides,” Sabah added.
The Kurdish government delegation announced on Monday (February 13) its return to Erbil, the capital of the Kurdistan Region, while next week set a date for a new round of negotiations in Baghdad.
“After an official visit to Baghdad and holding a number of meetings and meetings with the federal government, we returned to Erbil,” Omid Sabah, head of the Cabinet of the Kurdistan Regional Ministers, said in a post followed by Shafaq News Agency.
Sabah added, “The delegation is scheduled to return to Baghdad next week to complete the talks.”
Last Saturday, the official spokesman for the Kurdistan Regional Government, Gutiar Adel, announced the arrival of a high delegation from the Kurdistan Regional Government to the capital Baghdad, to resume dialogue on the outstanding files between Erbil and Baghdad, most notably the Kurdistan Region’s share of the federal budget, the oil and gas law and other files of common interest.
{Economic: Al-Furat News} Economist Nabil Al-Marsoumi explained on Saturday the fact that the Iraqi-American statement is free of addressing the file of foreign attempts and exchange rates.
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Al-Marsari said to Al-Furat News that: “The joint Iraqi-American statement did not address the issue of foreign remittances and exchange rates as a result of resolving Iraq’s compliance with the rules of the electronic platform.” “It also included the platform to improve the performance of banks so that they can finance international trade through approved remittances,” he added. “This solution is irreversible and there is no period to postpone the work of the platform, and we have noticed the halal of the past days that there will be even a significant increase in the amounts of credits and bank transfers,” the decree stressed. “Many companies fit the requirements of the electronic platform,” he said. The joint statement welcomed the Iraqi government’s efforts to enact economic reforms, as well as monetary policy reforms, modernizing the banking and financial sector, combating corruption, and preventing manipulation of the financial system—actions that would help boost Iraq’s economic prospects, including strengthening financial and exchange markets. The US delegation renewed its support for Iraq’s ongoing efforts to build technical capacity and implement international standards to protect the banking system from financial crimes, money laundering and terrorist financing.
Baghdad – Mawazine News Prime Minister Mohammed Shiaa Al-Sudani confirmed on Saturday Iraq’s desire to open investment horizons for European companies.
The Prime Minister’s Information Office said in a statement, received by Mawazine News, a copy of it, that “Sudani met at his residence, on Saturday evening, Danish Prime Minister Mitty Frederiksen, on the sidelines of His Excellency’ participation in the 59th Munich Security Conference.”
The statement added that “during the meeting, they reviewed ways to strengthen cooperation and friendship relations between Iraq, Denmark and other European Union countries, and opportunities for joint action in the economic fields and development partnership, as well as facing the challenges caused by climate change and global crises. They also discussed the importance of cooperation in the field of combating terrorism and extremism and the role played by Iraq to st
During the meeting, the Prime Minister expressed Iraq’s desire to open investment horizons for European companies, after economic reforms worked to provide an appropriate environment for investment and economic partnerships in the fields of energy and gas exploitation.
Al-Sudani stressed, according to the statement, “the importance of combating financial and administrative corruption as one of the priorities of the government, and Iraq’s desire to cooperate friendly countries in the field of recovery of Iraqi funds and those required for the judiciary and the law.” Finished 29/m99
Baghdad – Mawazine News The Prime Minister, Mohammed, the Sudanese Shiaa, confirmed today, Saturday, the insistence of the government on adopting the correct standards for financial transfers, stressing that the Iraqi citizen will seek the importance of economic reforms adopted by the government, and in the clearest course of his meetings with political officials and security around the world on the margin of the Munich Security Conference. “The Munich Conference for Security and Politics from important conferences at the level of the world and the size of attendance in it from different countries of the world and the security side takes the big space in the interests, conversations and bilateral meetings at the level of the in addition to the opening session,” the Prime Minister said. He added that “Iraq is clear from the conference, first, reading of the security situation in the region, and emphasizing that it is safe, Iraq is safe and stability in the region, and as a result, the world is captivating, and we are in the presence, and through this presence, the possibility of our security devices and their rising capabilities in fighting terrorism and He continued, “We confirmed that today, there is no presence for ISIS to hold from the ground, or it retains a place, but it is a panicked, and it is also the necessary and we are committed to stop the financing of terrorist gangs, which is what is most evil, during our security agencies and their counterparts in the presence, and the presence, and we also stressed “What you offer is a message, which we explained during our procedure for 26 meetings during the world, as well as officials of international organizations,” the officials of international organizations,” the Prime Minister said. And about the result of these meetings, the Sudanese, the Sudanese, the officials who met seem to understand and in support of the real, and in agreement with the Iraqi vision of the region, this is an important factor and one of the goals of our participation in the Munich conference, in addition to bilateral meetings of members of the Iraqi delegation, and in general, the message and the vision of the And about the priorities of the government in its program, the ministry, the Sudanese explained that the government took into consideration of all the circumstances that the circumstances that have passed by Iraq since 2019 and the government, and the accompanying it, in accordance with the plans for the Iraqi people’s performance in combating poverty, and creating opportunities for various sites, and we took it through the economy, and we He pointed out that this is the important vocabulary represents the talk of the street, which affects the whole aspects of life in the country and has become worthwhile because staying in front of these challenges and leaving these priorities after interest, for sure, and will affect the totality of living, service and economic matters, and we also found that our priorities have reached the ears to be heard, and working “When we talk to international officials, we met about the fight against corruption, we put in front of them the obligation to help Iraq in the delivery of the required and the recovery of funds, and when we also talk about the file of economic reforms, we assure them that we need assistance to international financial institutions to provide us with proposals that enable us to support this reform,” he continued. And about meeting him with the Minister of Foreign Affairs of America, Anthony, Blinken, he explained, “We found understanding and clearly supporting our economic reforms, and we were determined during the meeting, “Reformed,” and we asked for the system of flexibility to support the implementation of reforms, which were supposed to be applied in the past two years before the previous government, and we He stressed that “the government is in accordance with the adoption of the correct standards for transfers, finance and clean trade, and the citizen will touch the importance of these reforms at the near term, and international institutions will confirm the adoption of Iraq for the correct standards in its financial and banking system.” And about the file of change in climate and its challenges, the Sudanese pointed out that it is an impact on Iraq through a water scar and an increase in desertification and it was also a problem of burning the associated gas and clear effects that caused by climate change problems of the climate change in Iraq. He stressed that “the treatment of the effects of change in the climate has been set in the ladder of our priorities during our discussion with various international officials who met on the margin of the Munich Conference and seem ready to support Iraq with modern practices and techniques to address these effects.”
Earth News / Prime Minister Mohammed Shiaa Al-Sudani arrived on Saturday evening in Iraq after concluding his participation in the 59th Munich Security Conference.
“Prime Minister Mohammed Shiaa Al-Sudani returned home after concluding his participation in the 59th Munich Security Conference,” his media office said in a statement received by Earth News.
Twilight News / Kurdistan Regional President Nechirvan Barzani discussed on Saturday in Munich, Germany, with British Foreign Secretary James Ceverly the status of Britain’s relations with Iraq and the Kurdistan Region.
A presidential statement received by Shafaq News said that the two sides discussed the political and economic situation in Iraq and the Kurdistan Region, negotiations and efforts to solve problems between Erbil and Baghdad, in addition to the energy crisis and the oil and gas law in Iraq.
The British Foreign Secretary stressed his country’s continued support for Iraq and the Kurdistan Region and the solution of problems between Erbil and Baghdad, pointing out that Britain views the importance of its relations with Iraq and the Kurdistan Region. The stability of Iraq and the Kurdistan Region is important for the region.
For his part, Barzani expressed his thanks to the Kurdistan Region for its continuous cooperation and support to Britain, stressing the region’s desire to develop its relations with Britain in all fields, and pointed out that the Kurdistan Region will always remain a factor of stability and security.
During the meeting, they also discussed several other topics and the challenges facing the world, according to the statement.
Kurdistan Regional President Nechirvan Barzani arrived in Germany on Friday after a formal invitation to attend the 59th annual Munich Security Conference.
Barzani, along with heads of state and leaders including Iraqi Prime Minister Mohammed Shiaa al-Sudani, will participate in meetings and discussions on global affairs including international security and stability and the current challenges facing the world.
During the three-day conference, which will be held from February 17 to 19, 2023, President Barzani will hold several meetings with a number of leaders and officials from around the world.