Parliamentary Finance: Iraq may be forced to cancel the decision to remove US forces from catastrophic repercussions
A member of the Parliamentary Finance Committee, Jamal Cougar, confirmed that [You must be registered and logged in to see this link.] might be forced to cancel the decision to withdraw American forces, attributing the reason to receiving recommendations from specialists stating that the results will be disastrous if the decision is applied.
He said, Kujo, that [You must be registered and logged in to see this link.] retreat from the decision to withdraw [url=https://www.thebaghdadpost.com/ar/Story/t/1992/%D8%A7%D9%84%D9%82%D9%88%D8%A7%D8%AA %D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9]US forces[/url] is up to the deputies who voted in the parliament session on the fifth of this month.
He added: Those who voted on the decision are the Shiite representatives, and the speaker of parliament, Muhammad al-Halbousi, said it explicitly that this decision is Shiite, and if their intention is to retreat, and they have the argument to back down, then there are mechanisms for re-voting, and going to be the decision mandating the government and authorizing it to do what is necessary And she can undo that, and after the study she says that the motives or results of the withdrawal are more than their survival, and she can retreat.
Kojo explained: There is no obligation for the government with the decision that the House of Representatives voted on, because the decisions of the House are not binding, not compulsory, and they are a recommendation to the government. Noting: The Iraqi government has two wills from the representatives ’vote to withdraw the American forces. The first is: the decision was taken under pressure from certain sides, and the second was based on emotional and psychological motives, and then we said that political decisions differ completely as a country from the decisions of parties, and others because The state has no emotions, but interests, and decisions must be studied accordingly. For example, Russia, when its ambassador to Turkey was assassinated, did not take quick measures.
He added: You should have invested such positions to get the most interests, but because the will is totally absent in this country, so its will and its decision are not in its hands, and its steps are dictated to it, and what was done was from going to the embassy, and voting to withdraw the forces, for that time now The ball is in the cabinet court, and they can study it.
Cougar revealed a session held by the Parliamentary Finance Committee with the stakeholders, who are figures from the Central Bank, the Office of Financial Supervision, and the Ministry of Finance, and their recommendations were that the results would be disastrous if the decision to expel American forces was resorted to.
Cougar explained: The decision is to expel American forces, not withdrawals, because the withdrawal takes place if it is with the approval of the United States of America, and is convinced, as happened in 2011, but the decision that the deputies voted on is considered expulsion because without sitting with these forces, and negotiating with them about The withdrawal mechanism, and its timing from where to start. Questioning: Does withdrawal mean the expulsion of an embassy? The embassy is not a military force until its expulsion is called, and all foreign forces are.
He continued: There was a session of the Finance Committee, and let us say it is enlightening, because we are concerned with enlightening the deputies, the political blocs with the results of every step we take, and any law that entails financial burdens or obligations, because the Council has its own opinion, and this is a very sensitive decision.
Cougar continued: The Finance Committee held the session to enlighten the blocs, and the political decision in the Council that the catastrophic results, and their secretions, from expelling the American forces, are as follows: The first result: that the 2020 budget has a deficit of at least between (45-40) billion dollars, and one of the most important The sources of filling this deficit are international loans, and if the decision to expel American forces is applied, [You must be registered and logged in to see this link.] will not be able to[You must be registered and logged in to see this link.] From getting these loans. Second: that Iraqi oil is sold in dollars, and our money goes to the American Federal Bank, which will create for Iraq a problem in commission and dollars, in addition to that the American bank may book receipts as threatened by Donald Trump, President of the United States of America.
Cougar notes that [You must be registered and logged in to see this link.] is unable to withdraw or transfer its funds deposited into the US Federal Reserve, as they are frozen.
Third: If America does not supply [You must be registered and logged in to see this link.] dollar, the Iraqi state does not have an alternative currency, and therefore the local currency "dinar" will be struck, because even the country with which the Iraqi delegation held deals, which is China, was not concluded in the Chinese yuan, but in dollars, and thus the state will face a problem to find Another currency, such as the euro, for example.
Cougar continued: The fourth result of the withdrawal of American forces and the imposition of sanctions by its government on Iraq will strike the Iraqi economy, because [You must be registered and logged in to see this link.] a rentier country that relies entirely on oil, and foreign companies operating in the oil sector are mostly American, British, and other European companies, some of which are Chinese and Russian .
Cougar drew attention, but: The major foreign oil companies operating in [You must be registered and logged in to see this link.] are American, and if the United States resorted to imposing sanctions, it will affect these companies. Let us look at Iran how many European companies withdrew contracts from them for fear of hitting their investments in other countries, and therefore because the number Population in [You must be registered and logged in to see this link.] 33 million people, the share of these companies from the resources of this country may be a small percentage compared to the rest of the world, and therefore it is not ready to enter into a conflict with America in very narrow interests, and it is also not guaranteed because the Iraqi political situation did not give confidence that its interests will remain, And it continues, and as such, it risks staying in Iraq, facing America.
The fifth result of the repercussions of expelling the American forces is the flight of internal and external capital, by the inability of citizens and merchants to withdraw the money in Iraqi banks, and the foreign investor cannot come to a country that is controlled by militias, striking embassies, companies, and military bases with missiles. In broad daylight, the deputy said.
Cougar pointed out that the sixth result is that [You must be registered and logged in to see this link.] No air cover will remain for him, in addition to arming the Iraqi forces is an American from Brahms tanks, to F-16s, and therefore if [url=https://www.thebaghdadpost.com/ar/Story/t/1992/%D8%A7%D9%84%D9%82%D9%88%D8%A7%D8%AA %D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9]the American forces[/url] are expelled [url=https://www.thebaghdadpost.com/ar/Story/t/1992/%D8%A7%D9%84%D9%82%D9%88%D8%A7%D8%AA %D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9],[/url] they will not return to maintain these weapons and planes.
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