TNT – “Tidbits From TNT” Friday Morning 2-16-2024

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CandyKisses:  Al-Sayhoud: Al-Sudani’s visit to the Netherlands is an extension of a comprehensive government program aimed at building and developing the country and upgrading its economic, commercial and security joints

 Baghdad / Nina / The Secretary-General of the Generations Gathering MP Mohammed Saadoun Al-Sayhoud promised the visit of Prime Minister Muhammad Shia Al-Sudani to the Kingdom of the Netherlands as an extension of a comprehensive government program aimed at building and developing the country and upgrading its economic, commercial and security joints.

Al-Sayhoud explained in a press statement today that: The visit of Prime Minister Mohamed Shia Al-Sudani to the Kingdom of the Netherlands came to enhance ways of joint cooperation in many fields, especially agricultural, economic and trade, given that the Netherlands is one of the major countries economically and security, and therefore the trade and agricultural exchange and the development of expertise with it will cast a shadow on the frameworks of development, economy and investment to advance and upgrade the country to a better level.

He added that: Strengthening international and regional relations between Iraq and the countries of the world in the midst of the work of the Sudanese government and its reform and service program has come a long way in the development and construction of Iraq, especially after the isolation and heavy legacy left by previous governments, and therefore Iraq’s leap in the field of building strategic bridges with the countries of the world under the Sudanese government will create a broad and fertile climate for building the country and developing all its fields.

Tishwash:  Al-Sudani urges British companies to go to Iraq: We have fertile ground for investment

Prime Minister Muhammad Shiaa Al-Sudani stressed, this Friday morning, that Iraq has become a “fertile land” for investment and economic work, calling on British companies to search for their opportunities in the Iraqi environment.

Al-Sawadni’s media office stated in a statement received by Shafaq News Agency, that the latter received British Foreign Minister David Cameron, on the sidelines of participation in the Munich Security Conference 2024.

During the meeting, Al-Sudani discussed bilateral relations between Iraq and the United Kingdom, and the importance of upgrading and strengthening them in all aspects, in a way that serves the common interests of the two friendly countries, noting that Iraq today represents fertile ground for investments and economic work, and that the doors of investment are open to British companies.

He pointed out that the government seeks to organize work with the international coalition, move towards ending its presence in Iraq, and move to multiple bilateral relations with the coalition countries.

Regarding the situation in Gaza, Al-Sudani stressed the need for the major powers to exercise their role in ending the ongoing war in the Palestinian territories, and stopping its repercussions on the security of the region and the world, and the necessity of protecting civilians and providing urgent humanitarian aid to them, after the comprehensive destruction caused by the occupation forces in the Gaza Strip.

For his part, Cameron expressed his country’s desire to expand relations with Iraq, to achieve mutual benefit, stressing that these relations should not be limited to the security aspect, which is being organized through Britain’s participation in the international coalition, but rather his country desires to find multiple partnerships with Iraq, especially in economic and development aspects.  link

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CandyKisses: Within 10 months. About 318,000 cargo trucks crossed from Iran to Iraq

Twilight News / The Director General of Customs of the Iranian province of Kermanshah, Ali Asghar Abbaszadeh, announced on Thursday, that about 318 thousand trucks loaded with various goods crossed through the port of Kermanshah to Iraq in ten months.

Quotes Iranian Mehr Agency, in a report translated by Shafaq News Agency, about Abbaszadeh, He said that the number of trucks exporting goods in ten months of this year (the Iranian year) starts on March 21), which crossed into Iraq from Kermanshah customs amounted to 317,000 and 898 trucks.

He added That the customs of Pervizkhan border with Iraq had the largest share of trucks carrying Goods, numbering 119,039 trucks.

Noted The share of Khosravi customs in trucks amounted to 79,542 trucks, and Sumar customs 61 Two thousand and 237 trucks, and Sheikh Saleh customs 35 Two thousand and 285 trucks, and the Shoshmi customs had a quota of 22 thousand and 795 trucks.

And seal Abbaszadeh said that the total load of exported trucks amounted to 6 million and 75 thousand and 865 tons, pointing out that the value of these goods amounts to two billion and 587 million dollars, and one of the most important commodities Export rebar, iron, ceramic tiles, building stones, fruits vegetables, dairy products, all kinds of plastic products, containers that Disposable use.

CandyKisses:  Prime Minister: The development road project is a large economic corridor linking the port of Faw with Europe via Turkey

Economy News – Baghdad

Prime Minister Mohamed Shia Al-Sudani confirmed on Thursday that the development road project is a large economic corridor linking the port of Faw with Europe via Turkey, while revealing that the port will be opened in mid-2025.

The Prime Minister’s Media Office said in a statement, seen by “Economy News”, that “Prime Minister Mohamed Shia Al-Sudani attended a dialogue seminar held on the sidelines of his official visit to the Netherlands, in the presence of a group of businessmen and representatives of 40 Dutch companies.”

Al-Sudani pointed – according to the statement – to “bilateral relations with the Netherlands, and the aspiration to develop them, especially in the economic aspect,” stressing, “Iraq is going through a state of recovery today, at various levels, after overcoming the stage of the war on ISIS, in which the Iraqi people won, with the support and backing of the international community, and the Netherlands was among the countries supporting these efforts.”

On the other hand, he added, “We asked the international coalition to end its 10-year mission in Iraq, in light of the readiness and efficiency of the Iraqi security services,” noting, “The government has priorities, including reforming the Iraqi economy, and we cannot continue to rely on oil revenues only.”

He continued, “We are moving on two tracks: the first is to achieve reforms in various economic, banking and financial sectors, and gas investment, and the other is to implement projects that provide jobs and meet our needs of services and goods,” explaining that “Iraq imports annually $ 70 billion of goods (2020), and with the Netherlands we have imports of about $ 500 million annually.”
We have started the program of optimal water use, in the conditions of scarcity that the region and the world are experiencing,” he said.

He added, “We supported farmers and farmers in the acquisition of modern irrigation systems, and we are trying to invest successful experiences in the Netherlands to confront water scarcity in Iraq,” noting that “one of the outputs of the meeting with the Dutch government is the formation of a cooperation council between Iraq and the Netherlands, to follow up on all files, including the Agriculture and Water Committee.”

The prime minister stressed, “We succeeded in approving a three-year budget, which is a message of stability in the implementation of projects without delay,” noting that “the Iraq Fund for Development will enter with the private sector in the implementation of projects away from the government, whose role will be planning and organizing.”

For the first time, the government provides sovereign guarantees to the private sector of up to 85% for any project being implemented,” he said.

We need a group of factories that provide construction materials for new cities and invest in existing natural resources,” he said, adding, “Iraq has adopted the development road project, which is the large economic corridor that connects the large port of Faw to Europe through Turkey, all the way to the port of Rotterdam.”

He also pointed out that “the development road saves time and transportation costs, and will contain railways without stopping,” pointing out thatthe large port of Faw will witness the light and opening in mid-2025, and one of the ships has docked a trial berth on one of its five berths.”

He added, “We submitted the draft law on economic amendments, which will provide an attractive environment for the private sector, and provide a percentage of ownership for the foreign company up to 100%.”

We have embarked on a radical reform of the financial and banking sector, and procedures related to compliance with international standards in remittances,” he said, stressing that “international and Arab banks have begun to open their branches in Iraq.”

He pointed out that “all nationalities are currently working in Iraq, and at the level of the European Union, there are French, Italian, German, Spanish and Austrian companies, as well as Asian, Arab and from the countries of the region.”

He concluded by saying: “There is a will and work at all levels of Iraqi state institutions to move to a better reality”