“Tidbits From TNT” Saturday 10-7-2023

TNT:

Tishwash:  Iraq offers financial bonds for sale to citizens

The Ministry of Finance announced the issuance of bonds under the name “reconstruction bonds,” and made them available for sale to citizens, starting on October 10 and for a period of one month.

 The Ministry stated in a statement, “The Public Debt Department, in cooperation with the Central Bank of Iraq, has announced the availability of bonds for sale to citizens in the name of reconstruction bonds, for the period from October 10 to November 9, 2023.” The statement added, “The first issuance of bonds worth one and a half trillion Iraqi dinars is tradable in the Iraq Stock Exchange.”

 He explained, “The issuance will be available in two categories: the first at a price of 500,000 dinars with an annual interest of 6% for a period of two years, and the second at a price of 1,000,000 million dinars with an annual interest of 8% for a period of 4 years.”

 The Ministry stated, “Citizens can apply for purchases exclusively through approved banks registered with the Central Bank of Iraq.” 

She pointed out that “purchasing and trading of the bonds offered are exempt from taxes, according to what is stated in the General Federal Budget Law No. 13 of 2023.”   link

CandyKisses:  Russia sets the date of Sudani’s visit to Moscow

Information/follow-up.   

Today 14:15

Russian President Vladimir Putin will meet with Iraqi Prime Minister Mohammed al-Sudani on October 10 and 11 in Moscow, Russian presidential spokesman Dmitry Peskov said.

The Kremlin representative added: “The visit will take place on October 11, or rather negotiations will take place on October 10, and this will be the official visit of the Sudanese Prime Minister of Iraq. Russian-Iraqi talks will take place, and the Russian president will also meet with Mr. Al-Sudani during a working breakfast.”

According to him, on October 11, Putin and the Sudanese will jointly participate in the plenary session of the Russian Energy Week.

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Tishwash:  An Iraqi delegation will visit Turkmenistan at the end of the month to sign contracts to import its gas

 Prime Minister Muhammad Shiaa Al-Sudani received, this Saturday morning, the Minister of State for Gas Affairs in Turkmenistan, Mr. Maqsad Babayev, and his accompanying delegation.

During the meeting, according to a statement from the Prime Minister’s Office, a copy of which {Al-Furat News} received, “bilateral relations between the two countries were discussed, ways to develop them, and strengthening cooperation frameworks in the field of energy and gas, which culminated in the signing of a joint memorandum of understanding to import Turkmen gas to Iraq, to meet the needs of gas stations.” Production and its electrical system.”

Al-Sudani blessed “the signing of a memorandum of understanding between the Ministry of Electricity and the Turkmen Ministry of Gas to supply gas, as an Iraqi delegation is scheduled to go to Turkmenistan on the twenty-fifth of this month to sign contracts.”

The Prime Minister stressed that “the government has paid great attention to the energy sector in Iraq and made it one of its most prominent priorities and a basis for developing and diversifying the economy, and developing the rest of the vital sectors. He explained that Iraq possesses a great wealth of gas, but it needs time to invest it optimally, after it was late in this process.” The matter has been going on for years, indicating that the trend to import Turkmen gas comes within the government’s vision and strategy to diversify sources of gas imports, as well as diversifying energy sources to ensure the continuity of the work of power generation plants.”

For his part, Babaev conveyed the greetings of the President of Turkmenistan to the Prime Minister, and expressed his country’s desire to strengthen joint cooperation between Iraq and Turkmenistan in various fields, in a way that contributes to developing relations between the two countries and achieves the interests of their peoples.   link

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CandyKisses:  Sudani invites UAE President to participate in Baghdad conference

Information/Baghdad..
Today, Friday, the Ministry of Foreign Affairs announced that it had received the invitation of Prime Minister Mohammed Shiaa Al-Sudani to the President of the UAE, Mohammed bin Zayed Al Nahyan, to participate in the third Baghdad conference.

The spokesman for the Ministry of Foreign Affairs, Ahmed Al-Sahhaf, said in a statement received by Al-Maalomah, “The Ambassador of the Republic of Iraq to the United Arab Emirates, Muzaffar Mustafa Al-Jubouri, met with the Assistant Undersecretary for Protocol Affairs at the Ministry of Foreign Affairs of the United Arab Emirates, Ambassador Saif Abdullah Al-Shamsi, at the Ministry’s headquarters.”

During the meeting, the invitation sent by the Prime Minister of the Republic of Iraq, Muhammad Shiaa Al-Sudani, to the President of the United Arab Emirates, Mohammed bin Zayed Al Nahyan, to participate in the Baghdad 2023 Conference for Economic Integration and Regional Stability, scheduled to be held in Baghdad on 11/30/2023, was delivered. .

He added that “the two sides discussed ways to enhance aspects of cooperation between the two brotherly countries in various fields and ways to enhance and develop them.”He pointed out that “the two sides stressed the importance of continuing meetings and strengthening bilateral efforts in the interest of the two brotherly countries and peoples.”