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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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    Expert: Iraq's agreements with U.S. companies are not a successful alternative to china agreement

    Rocky
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    Expert: Iraq's agreements with U.S. companies are not a successful alternative to china agreement Empty Expert: Iraq's agreements with U.S. companies are not a successful alternative to china agreement

    Post by Rocky Sun 23 Aug 2020, 8:52 am

    Expert: Iraq's agreements with U.S. companies are not a successful alternative to china agreement

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     2020-08-23 08:23
      
    Shafq News, an economic specialist, on Sunday described the agreements iraq signed with US companies as "not a successful alternative" to the China agreement.

    "The agreements signed by Iraq during the Iraqi prime minister's visit to Washington are useful, but they are not a successful alternative to an agreement with China," Dhargam Mohammed Ali, head of the Economic Media Center, told Shafq News.

    "The agreements in Washington were partial deals as part of Washington's political courtesy under Trump's leadership, which is absolutely the most greedy and can't be a substitute for a comprehensive China agreement," Ali said.

    "The China Agreement includes solutions outside the fund that eliminate chinese companies from the contracting routine and corruption and make them outside the constraints of the federal budget by directly paying off the surplus of productive crude, while agreements with US companies are for certain sectors and do not develop radical solutions for the electricity sector," Ali said.

    Honeywell International, Baker Hughes, GENERAL ELECTRIC, Steller Energy and Chevron have signed trade agreements with Iraq worth up to $8 billion to iraqi oil and electricity ministers, the U.S. Department of Energy said in a statement Wednesday.

    On September 19, 2019, Iraq and China signed eight agreements and memorandums of understanding at the end of talks between their delegations in Beijing, in which iraq opened a credit account at a Chinese bank to deposit oil revenues of 100,000 barrels per day in exchange for the implementation of infrastructure projects, such as schools, hospitals, roads, electricity and sanitation, to be determined by the Ministry of Skip.
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