US and Iraqi officials signed several agreements on Sunday to revive economic relatio

[JASONTL]

Didn't see this posted yet.

Another agreement related to public sector development and job creation was signed to provide risk insurance and loan guarantee financing programmes available to private US investors wishing to invest in Iraq. The agreement also envisages the establishment of a USAID-funded “Investment Promotion Agency,” to attract both Iraqi and foreign investors to open businesses in Iraq.


On the trade and investment front, a “US-Iraq trade and investment framework agreement” was signed. The agreement establishes a joint US-Iraq council to expand trade and investment ties. In this context, the Iraqi minister of trade announced that his country has submitted a “Foreign Trade Memorandum” to the World Trade Organisation, as a first step to integrate the former socialist country into the global economy.


Both sides also agreed to meet again next autumn to “coordinate and intesify efforts to revive Iraq's economy and reintegrate Iraq into the world economy.” However, both sides will meet by the Dead Sea on July 18 and 19 during the scheduled International Reconstruction Fund Facility for Iraq donor conference.

http://www.jordan.jo/en/en-news/wmview.php?ArtID=3208&term=IRAQ

http://www.bilaterals.org/article.php3?id_article=2259


A lot of rumors and hopes going around that the announcement is close. I think we still have some months left. I hope I am wrong.

[BBbucks]

This is the first time the Yahoo post from Monday has been
reported by another source- very good news! :)

[Stevo]

Whooopee! I wish I had a construction company building 2-Camel Garages in Iraq!

[jonny]

Looks like we may have to wait until the fall. Any rumors?

[JJLL]

"Both sides also agreed to meet again next autumn to “coordinate and intesify efforts to revive Iraq's economy and reintegrate Iraq into the world economy.”

This statement does sound like we have awhile to go yet... but, polticial and editorial writing is sometimes more "flowery" than useful.

Depending on how you look at it, we're still trying to bring Afganastan into the world market. The G-8 is trying to bring many countires up to par economically.

I wouldn't take this statement as "we're not going to open the dinar". But I'm not taking it to the other extreme either.

[lordrazor1]

I think the reason Africa is such a hot topic now is that history has shown that poor countries are more likely to breed an Islamic militant more willing to die for a cause no matter how misguided it sounds.

If you look at the countries run by Dictators, they're a lot of the people who are poor and uneducated, but the dictator is rich. Iraq was the perfect place to plant the root of freedom. The country has everything going for it....It is rich in oil, also it had at one time a leading producer of dates and other econimical riches.

I'm sure that these meetings will be important to plan out other stratigies. I'm sure the dinar has it's stratigy in there too, it's just a matter of when.

[Stevo]

You got to believe that Africa's moslems could develope terrorist, but they have no money to travel all over the World to carry out Bombing threats. It takes a lot of money to travel, set up Al Quida clubs, build bombs, and recruit others to do suicide bombings. Now, if they're poor, NO PROBLEM. But, given the amount of Goodwill, Foreign Aid, and Gifts being sent their way, you can expect a lot of loose Cash will find its way to the terrorist and more trouble will come from them.

[BIG WAVE]

Didn't see this posted yet.

Another agreement related to public sector development and job creation was signed to provide risk insurance and loan guarantee financing programmes available to private US investors wishing to invest in Iraq. The agreement also envisages the establishment of a USAID-funded “Investment Promotion Agency,” to attract both Iraqi and foreign investors to open businesses in Iraq.


On the trade and investment front, a “US-Iraq trade and investment framework agreement” was signed. The agreement establishes a joint US-Iraq council to expand trade and investment ties. In this context, the Iraqi minister of trade announced that his country has submitted a “Foreign Trade Memorandum” to the World Trade Organisation, as a first step to integrate the former socialist country into the global economy.


Both sides also agreed to meet again next autumn to “coordinate and intesify efforts to revive Iraq's economy and reintegrate Iraq into the world economy.” However, both sides will meet by the Dead Sea on July 18 and 19 during the scheduled International Reconstruction Fund Facility for Iraq donor conference.

http://www.jordan.jo/en/en-news/wmview.php?ArtID=3208&term=IRAQ

http://www.bilaterals.org/article.php3?id_article=2259


A lot of rumors and hopes going around that the announcement is close. I think we still have some months left. I hope I am wrong.


Good info JASONTL
What kind of a description is autumn Is that kinda like hey something is going to happen "when the leaves fall off" lets hope whoever wrote that isn't as dumb as his descriptions.
On a positive note:
Anew luxery hotel is going in.
http://www.adnki.com/index_2Level.php?cat=Business&loid=8.0.187796572&par=
And an Iraqi airport is open today.
http://www.adnki.com/index_2Level.php?cat=Business&loid=8.0.187058042&par=0

.....BIG WAVE

[flashpoint]

You got to believe that Africa's moslems could develope terrorist, but they have no money to travel all over the World to carry out Bombing threats. It takes a lot of money to travel, set up Al Quida clubs, build bombs, and recruit others to do suicide bombings. Now, if they're poor, NO PROBLEM. But, given the amount of Goodwill, Foreign Aid, and Gifts being sent their way, you can expect a lot of loose Cash will find its way to the terrorist and more trouble will come from them.

Ever hear of the Sudan? :no: