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Parliamentary Economy: The Chinese Agreement will End Phantom Projects and Attempts to Fell it Failed
09:25 - 01/16/2020
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The Parliamentary Economic and Investment Committee confirmed on Thursday that all attempts to bring down the Chinese agreement will fail, stating that the agreement will eliminate corruption and fictitious projects, and there is a lot of this agreement does not coincide with his interests, causing him to try to drop it.
Committee member Abbas Yaber Al-Atafi said in a statement to "The Information", that "the Chinese agreement will eliminate all corruption that exists in investment projects, and Iraq needs this agreement, especially as it will be construction and reconstruction in exchange for oil."
He added that "part of the oil that will be delivered to China under Iraqi supervision to put its revenues in the account opened by the Central Bank with China, as the financial balance was put in place during the month of October last, and the size of those funds reached 500 million dollars, to include infrastructure, roads and factories building projects."
And he stated that "many of those who do not want or agree with this agreement with his interests are beginning to lose it, especially as it will eliminate all fictitious projects."
He explained that "the agreement is not limited to Chinese companies, but rather that the door is open for various companies to enter into the agreement for the reconstruction of [You must be registered and logged in to see this link.] and the implementation of important projects in it, especially the Silk Road that links [You must be registered and logged in to see this link.] to other countries." 25 n ended
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