Iraq sets the date of the opening of the crossing Trebil

by **Rocky** Thu 30 Mar 2017, 4:05 am

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Post n°1

Iraq sets the date of the opening of the crossing Trebil

by Rocky Thu 30 Mar 2017, 4:05 am

First topic message reminder :

Iraq sets the date of the opening of the crossing Trebil

Select the opening date of Iraq Trebil border crossing with Jordan after the event of the Council of Ministers to secure the security of the international road to security company.

The Iraqi ambassador to Jordan Safia al-Suhail said "security companies; pledged according to the contract to open the port within two to four months.

She noted that the referral of a project to extend the Iraqi oil pipeline from Basra to the port of Aqaba; which is a key part of the large regional strategic project, which connects Basra and Najaf Ashraf Aqaba down to Egypt.

She drew Ambassador Suhail that the Joint Commission between the Ministries of Industry and Minerals and the Iraqi Ministry of Industry and Trade and Supply Jordanian studying during this period to determine the Jordanian goods that will be exempted from customs in order to Iraqi national production protection; and in preparation for the return of the flow of two-way trade between the two countries to normal to coincide with the re-opening of the port

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by **jedi17** Thu 30 Mar 2017, 11:58 am

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Post n°11

Re: Iraq sets the date of the opening of the crossing Trebil

by jedi17 Thu 30 Mar 2017, 11:58 am

Lobo wrote:Maybe so, but when duck and I were on chat last week, he said mid-april to may. Neno posted a few days ago that duck told him about a week or so earlier all had changed and it could be anytime. Going back to last year, duck said if it didn't happen by dec 5, it would be april. That sounds to me like they are on the quarter system, if they are - the next quarter is July. I am believing for April.

April has been kicked around because the IMF works on Quarters and is generally when they assign the rate to Iraqs SDRs:

[th]Date[/th][th]Holdings Rate[/th]

[You must be registered and logged in to see this link.]	0.000597419
[You must be registered and logged in to see this link.]	0.000610324
[You must be registered and logged in to see this link.]	0.000553897
[You must be registered and logged in to see this link.]	0.000568833
[You must be registered and logged in to see this link.]	0.000553591
[You must be registered and logged in to see this link.]	0.000527732
[You must be registered and logged in to see this link.]	0.000566092
[You must be registered and logged in to see this link.]	0.000570626
[You must be registered and logged in to see this link.]	0.000512352
[You must be registered and logged in to see this link.]	0.000516326
[You must be registered and logged in to see this link.]	0.000460244
[You must be registered and logged in to see this link.]	0.000451682
[You must be registered and logged in to see this link.]	0.000466938
[You must be registered and logged in to see this link.]	2.53758
[You must be registered and logged in to see this link.]	2.53758
[You must be registered and logged in to see this link.]	2.43852
[You must be registered and logged in to see this link.]	2.38074
[You must be registered and logged in to see this link.]	2.38881
[You must be registered and logged in to see this link.]	2.3558
[You must be registered and logged in to see this link.]	2.21848
[You must be registered and logged in to see this link.]	2.04504
[You must be registered and logged in to see this link.]	2.26323
[You must be registered and logged in to see this link.]	2.26004
[You must be registered and logged in to see this link.]	2.34852
[You must be registered and logged in to see this link.]	2.39924
[You must be registered and logged in to see this link.]	2.46985
[You must be registered and logged in to see this link.]	2.48283
[You must be registered and logged in to see this link.]	2.32407
[You must be registered and logged in to see this link.]	2.46269
[You must be registered and logged in to see this link.]	2.73556
[You must be registered and logged in to see this link.]	3.24557

However, it has been mentioned that Iraq and IMF are in agreement which is now open ended, so in theory rate change can come at any time while remaining pegged to the US$. The IMF updates these SDRs on the last working day of April for Iraq, which this year is a Friday, and last year they did not update the holdings rate on the IMF site for several months. So, it can happen in April, but that is one month away and a whole lot to accomplish in between. If it is open ended, which I hope it is, there is a better chance for us.

by mochasmom Thu 30 Mar 2017, 12:27 pm

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Post n°12

Re: Iraq sets the date of the opening of the crossing Trebil

by mochasmom Thu 30 Mar 2017, 12:27 pm

I would feel better about april if mosul was announced, they have a whole lot to accomplish for rv to be in april. Just saying..but maybe it could be may if they dont stick to quarters