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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Bilateral talks: America is rushing to impose trusteeship on Iraq in terms of energy, dollars and te

    Rocky
    Rocky
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    Bilateral talks: America is rushing to impose trusteeship on Iraq in terms of energy, dollars and te Empty Bilateral talks: America is rushing to impose trusteeship on Iraq in terms of energy, dollars and te

    Post by Rocky Thu 16 Feb 2023, 5:40 am

    [size=38]Bilateral talks: America is rushing to impose trusteeship on Iraq in terms of energy, dollars and technology[/size]


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    February 16, 2023[You must be registered and logged in to see this link.]
    Baghdad / Obelisk: The Iraqi-American statement, after the end of bilateral talks in Washington, is devoid of postponing US restrictions on the dollar exchange markets in Iraq, while focusing on achieving energy independence in reference to the dimensions of the Iranian partnership, as well as an American willingness to link the Iraqi technological system with American mechanisms. It means absolute domination of the political and economic tracks in Iraq.
    In the statement, Washington affirmed that it would help Iraq achieve its independence in the field of energy and invest associated gas with the aim of achieving its liberation from Iranian gas, which it currently needs to provide electric power to its citizens.
    Also, private US companies in the field of technology will have a strong entry to face the energy challenges in Iraq.
    The American side did not respond to Washington's request to postpone the recent banking restrictions imposed on Baghdad, but it welcomed the Iraqi monetary reforms.
    The American Heritage organization, which is close to the White House, reported that the Iraqi delegation in Washington, after facing its requests for a period of exemption from US restrictions on the transfer of dollars to Iraq, retracted its previous demands and moved towards demanding a “relaxation” of the current restrictions, instead of canceling them temporarily.
    Reuters had reported that US sanctions on Iraqi commercial banks aim to increase pressure on Iran's nuclear program and that America is using strict restrictions on the dollar in Iraq as warning messages to Al-Sudani to keep abreast of US interests.
    The observer of Iraqi affairs, Ali al-Rubaie, believes that what is happening is an American tutelage. Despite Iraq’s exit from Chapter VII, according to Resolution 2621, which stipulates the termination of the mandate of the United Nations Compensation Commission and the lifting of all financial restrictions, the Central Bank of Iraq cannot withdraw money from American banks.
    The statement of the US-Iraqi Higher Coordination Committee stated that “both Iraqi Deputy Prime Minister and Foreign Minister Fouad Hussein and US Secretary of State Anthony Blinken headed his country’s delegation at a meeting of the Higher Coordination Committee that was held in accordance with the strategic framework agreement signed between them in 2008. Where the two delegations stressed their determination Deepening the strategic relationship between the two countries across a full range of bilateral issues for the sake of the national interests of both countries and their common interests in regional stability.
    The joint statement considered this meeting as the first for the Higher Coordination Committee to focus on economic cooperation, energy sector development, and climate change, which is a sign of a mature strategic partnership under the Strategic Framework Agreement.
    The Iraqi delegation included high-level representatives of the ministries of oil, finance and foreign affairs, while the American delegation included representatives of the ministries of foreign affairs, treasury, energy and commerce, the global anti-corruption coordinator and the coordinator of the National Security Council for the Middle East.
    The joint statement indicated that the two sides discussed the challenges facing the Iraqi economy, including the parallel exchange rate markets, where the United States welcomed the efforts of the Iraqi government to enact economic reforms, as well as reforms in the field of monetary policy, modernizing the banking and financial sector, combating corruption, and preventing manipulation of the financial system. - Measures that will help enhance Iraq's economic prospects, including strengthening the financial and exchange markets.
    The US delegation affirmed its support for Iraq's continuous efforts to build technical capabilities and implement international standards to protect the banking system from financial crimes, money laundering and terrorist financing. They also affirmed their determination to continue working together to modernize the financial system in Iraq in order to improve the conditions of the Iraqi people.
    The American and Iraqi delegations confirmed the convergence of views that pursuing an ambitious agenda for energy independence is necessary to achieve maximum economic prosperity for Iraq and protect its sovereignty.
    The two delegations also agreed that Iraq has a historic opportunity to invest in energy infrastructure initiatives designed to improve electricity services for the Iraqi people, secure energy self-sufficiency for Iraq, and mitigate environmental damage to both the global climate and Iraqi public health.
    Providing natural gas and modernizing the electrical infrastructure
    . To this end, the two sides decided to accelerate efforts to capture the flared gas, modernize the infrastructure for natural gas distribution, reduce methane leakage, connect regionally to the Iraqi electricity grid, modernize the electricity infrastructure in Iraq, and explore renewable energy opportunities.
    The US delegation praised Iraq's commitment to regional electrical interconnection projects with Jordan, Saudi Arabia and the GCC Electricity Interconnection Authority.
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