TNT – “Tidbits From TNT” Monday Morning 4-15-2024

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Tishwash:  With the participation of 100 companies from 13 countries…the oil, gas and energy exhibition activities will start tom

 The activities of the Oil, Gas and Energy Exhibition will be launched in Basra Governorate tomorrow, Tuesday, sponsored by the Ministry of Oil and with the participation of 100 companies.

Basra International Exhibition Media and Relations Officer, Osama Majeed, told the National Iraqi News Agency ( NINA ) that all preparations for the opening of the Iraq Oil, Gas, Energy and Oil Equipment Exhibition, scheduled to be held for the period from 16 to 19 of this month, have ended. On the grounds of the Basra International Fair next Tuesday at 11 am.

He added, “There are more than 100 local, Arab and international companies from 13 countries, including Iraq, Switzerland, the United States, China, Saudi Arabia, Turkey, Iran, France, Japan, Britain, Egypt, and the Emirates, with various specializations in oil and energy industry technology. They will participate in the exhibition.”

Majeed pointed out that The exhibition will be open to visitors from eleven in the morning until five in the evening.  link

Tishwash:  Iraq and 13 Arab countries possess about 1,500 tons of global gold reserves

The World Gold Council revealed on Monday that Iraq and 13 Arab countries possess approximately 1,500 tons of global yellow metal reserves.

The Council said in its latest schedule for the month of April, which Al-Iqtisad News reviewed, that “Iraq, Algeria, Egypt, Lebanon, Saudi Arabia, Libya, Qatar, Kuwait, Jordan, Syria, Morocco, Tunisia, Bahrain, and Yemen, their global reserves of gold amounted to one million and 481 thousand kilograms.”

He added, “Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as its gold possessions amounted to 142.6 tons, which represents 8.4% of the rest of its other reserves.”

He pointed out that “the United States of America tops the list with the largest possession of gold in the world with 8,133.5 tons, followed by Germany with 3,352.3 tons, then Italy with 2,451.8 tons, while Yemen ranked 99th with 1.5 tons, followed by Bosnia and Herzegovina with the same amount of 1.5 tons.”

The Council stated that “Iraq announced on June 27, 2022, the purchase of new quantities of gold amounting to approximately 34 tons, an increase of 35% over what it had in possession, while in May it announced the purchase of 2.3 tons of gold.”

It is noteworthy that the World Gold Council, which is based in the United Kingdom, has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest gold mining companies in the world.   link

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Tishwash:  Al-Sudani speaks to the community in Washington about Iraq’s recovery and the government’s achievements  

Today, Monday, Prime Minister Muhammad Shiaa Al-Sudani met with the Iraqi community in Washington and other American states, and spoke about the government’s achievements in reforming institutions. He also stressed Iraq’s need for the expertise of its people abroad.

Al-Sudani’s office statement:

The Prime Minister, Mr. Muhammad Shiaa Al-Sudani, met with the Iraqi community in Washington and other American states, on the sidelines of his official visit to the United States of America.

His Excellency expressed his pride and appreciation for the Iraqi communities in the United States and the rest of the world, and stressed that Iraq is for all Iraqis, and the country needs the expertise, experiences, opportunities, and initiatives of Iraqi figures in America.

Mr. Al-Sudani announced work on a study to establish a department for expatriate affairs. In order to achieve effective communication with Iraqi communities in the world, the government is looking for competencies away from quotas.

The following are the highlights of what the Prime Minister spoke during his meeting with the Iraqi community in the United States of America:

Our visit to the United States is important; To clarify our vision about the shape of the relationship with America.

America granted Iraq preferences in customs exemptions, and a memorandum was signed with financing institutions worth $5 billion, all of which is not activated within the strategic framework agreement.

Iraq today is different from what it was in 2014. Because ISIS no longer poses a threat to Iraq.

We want to move to bilateral relations with the countries of the international coalition after the victory over ISIS, similar to the countries of the region, including security relations.

The first meeting of the founding committee stipulated in the framework agreement will be held, and there will be periodic meetings of this committee.

Iraq today is witnessing unprecedented recovery, stability, security, real development, and tangible services throughout Iraq.

The government’s first step was to reform regulatory institutions, and our anti-corruption measures are professional and not vindictive.

We recovered a lot of money from people wanted in corruption cases who held other nationalities, and some of the wanted persons voluntarily surrendered themselves to the judiciary.

Signing contracts with Total, the fifth round, and the national effort will enable Iraq to achieve gas self-sufficiency within 3-5 years.

We have started with projects related to refineries, and 2024 will be the last year for importing petroleum derivatives.

Iran is a neighboring country with which we have common interests, and America is a strategic ally and our relationship with it is important.

The relationship with Iran and the United States is an advantage for Iraq, and can be used to reduce tension, and this is what happened in all crises in the region.

The US Treasury recorded observations on the work of banks in previous years, and not during the current government that adopted the electronic platform.

We activated the industrial and agricultural sectors, and idle factories were restarted, such as fertilizer, iron and steel production plants.

The basis of economic advancement is the belief in the role of the private sector, which has been supported by the government.

The development road and Al-Faw port projects will create a new Iraq.

The development road is the least expensive and fastest project for transporting goods, and its first principles will be signed during the Turkish President’s visit soon. link

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CandyKisses:  The Sudanese opens the agendas of his files in front of Biden Most notably, the American presence and the tension in the region

Mawazine News-Baghdad

Meets Prime Minister Mohammed Shia Al-Sudani in the evening On Monday at the White House, US President Joe Biden, as the two sides discuss files Vital issues dealing with various economic, political and security fields and ways to activate Vital sectors of the strategic framework agreement signed between the two countries.
Ahead of his meeting with Biden, he will meet with the Sudanese minister. US State Department Antony Blinken, and after the conclusion of the White House meeting, the head of the Ministers and the accompanying Iraqi delegation to the Pentagon building and the Ministry of Defense where he meets with Secretary of Defense Louis Austin, and then holds an expanded meeting with U.S. Undersecretary of the Treasury Wali Adimo in the presence of Finance Minister Taif Sami and Governor Central Bank of Iraq Ali Al-Alaq.

The Prime Minister met on Sunday evening, in The second day of his official visit to Washington, the White House coordinator for the Middle East and Amos Hochstein’s energy adviser.
The Sudanese also met yesterday evening, a group of sons of The Iraqi community residing in the United States of America in the presence of the Ministers of Planning Oil and a number of MPs are part of the delegation visiting Washington and the Iraqi ambassador to America Nizar Good God.

In addition, the Investment and Development Committee announced Parliamentary, on Sunday, there is parliamentary support for the Prime Minister’s steps to activate the terms of the agreement Strategic framework, indicating that activating the terms of the agreement will advance the country’s economic reality And commercial, investment and health.

A member of the committee, Osama al-Badri, said that “The visit of Prime Minister Mohamed Shia Al-Sudani to Washington is very important to activate the terms of Strategic Framework Agreement, which includes the commercial and economic sectors investment, health, educational, agricultural and cultural to advance the reality of the country to the best,”

He said, expressing his hope that “this agreement will be done in the right way from before the Iraqi and American sides.” He pointed to “the importance of supporting the bloc Political participation in the Government for the Prime Minister’s steps in supporting the implementation of the Convention, and that It gives it a lot of space and enough space to proceed with this agreement,” he explained. “The representatives representing the Iraqi people support the activation of the provisions of this agreement, which will be in the interest of the Iraqi people.”

Prime Minister Mohamed Shia al-Sudani, confirmed on Saturday, before leaving Baghdad for the United States of America, “The aim of the visit to Washington is to take the relationship between the two countries to a new stage and activating the Strategic Framework Agreement,” pointing out that “the Framework Agreement The strategy is in line with the government program and the reforms it contains. economical.”

 He noted that “The visit will witness the first meeting of the Joint Coordinating Committee on the implementation of Strategic Framework Agreement, which has not held any meeting since the adoption of the agreement”, He pointed out that “the meeting of the Coordinating Committee will deal with trade and energy files. investment, education, transport, culture, anti-corruption and asset recovery.”

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CandyKisses:  Al-Karawi: The resistance will not stand idly by if Bidens refuses to remove his forces from Iraq

Information / Baghdad…

The head of the coordinating body of the popular movement for the Belt and Road, Hussein Al-Karawi, said on Monday that the Islamic resistance in Iraq will not remain idle if Biden rejects the decision of the Iraqis to leave the country.

Al-Karawi told Al-Maalouma that “the Islamic resistance in Iraq will return to its qualitative operations against the American occupier and target its military bases that it controls if the Biden administration refuses to remove its forces from Iraq.”

He added that “the visit of Prime Minister Mohammed Shia al-Sudani to Washington is a pivotal visit, which will decide the fate of the presence of foreign forces in Iraq.”

Al-Sudani called for “having courage and resolving the issue of the exit of US forces from Iraq during his visit to Washington, and informing the US administration of the response of the resistance in the event of its rejection of the people’s decision to remove the occupier from the country, especially since the resistance will not remain idle in front of the US military presence.”

Prime Minister Mohammed Shia al-Sudani left yesterday for Washington, to discuss a number of issues, including the removal of foreign forces from Iraq and the liberation of Iraqi funds from the US Federal Bank.