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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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    Positive impact on the Iraqi economy with the lifting of sanctions on Iran

    Rocky
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    • Post n°1

    Positive impact on the Iraqi economy with the lifting of sanctions on Iran Empty Positive impact on the Iraqi economy with the lifting of sanctions on Iran

    Post by Rocky Sun 29 Dec 2013, 4:14 am

    Positive impact on the Iraqi economy with the lifting of sanctions on Iran



    12.29.2013 | (Voice of Iraq) - Baghdad - Farah pumice
    linked to the economic stability of political conditions experienced by any country or region, as is the case in the Arab region, as recorded indicators developed in this area, especially after the nuclear agreement between Iran and the group (5 +1), and the positive effects on Iraq in this regard with what witnessed by the country of good movement in the field of investment and trade exchanges.
    academic Dr. Falah Thuwaini said (morning): "The economic stability is linked to political stability, as the port Iraq only for its economy is the Gulf Arab, as if there were no crisis in the region therefore will be affected by the economy positively or negatively. "
    proportions of the threat is limited
    , and saw that the implications of the agreement Iran with a group (5 +1) in the interest of Iraq and the countries of the region because it (the region), the center of the global economy and the center of the exports of the world's oil, and its implications will be positive for the country, noting that the Iranian oil exports will not affect Iraq's exports, especially as it fixed by OPEC, as it is determined by the proportion of exports to the countries.
    States and the Group 5 +1 "member states of the UN Security Council, which decides the outline of the domestic and foreign policy and discuss the sanctions imposed on the country, the United States, Britain, France, Russia and China + Germany, which is not a member of this council. "
    center of the world trade
    and pointed Thuwaini that "the territorial zone is considered the center of the commercial world, it's also the only outlet for Iraq through the Arabian Gulf, and the Strait of Hormuz, believing that after the demise of Iranian threats to shut down this port will contribute to increasing trade exchange with Iraq. "
    techniques and skills
    and on trade with the regional countries, including Iran, said the academic specialist: "The country's doors investment is open for both Iranian companies or companies from countries Other and neighboring countries, in spite of the obstacles facing investment and investors in the country, but it is in dire need of foreign companies because of its techniques and skills, whether Iranian or Arab or foreign. "
    stability and recovery
    , and said that the growth rates are related to the Iraqi economy through its oil exports and production real commodities and goods, as whenever there is stability in the region whenever there was a recovery of the economy in the regional countries, especially in Iraq.
    Iraq had become in the previous period during the sanctions stage the biggest commercial market for Iran, as the volume of trade exchange between the two seven billion dollars in 2009 and rose to about 10 billion this year, according to Executive Director of the Association of Iraqi banks Abdul Aziz Hassoun, who said in a press statement: "The trade with Iran is not limited to goods, but that there is an overlap bank organically between the two countries."
    rebalancing
    , in turn, says economic analyst Bassem Jamil Antoine: "Iran put a heavy load on Iraq, especially in the field of banking and purchase of foreign currency the dollar."
    he said in a press statement that "the lifting of sanctions it probably will restore balance to the trade as well as banking."
    morning


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