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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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Parliamentary Finance: The funds of the agreement with China amounted to 3 billion dollars

rocky
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Parliamentary Finance: The funds of the agreement with China amounted to 3 billion dollars Empty Parliamentary Finance: The funds of the agreement with China amounted to 3 billion dollars

Post by rocky Thu 08 Dec 2022, 5:27 am

[rtl]Parliamentary Finance: The funds of the agreement with China amounted to 3 billion dollars[/rtl]

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Today, Thursday, the Finance Committee in the House of Representatives announced the amount of financial resources deposited in the account of the Iraqi-Chinese agreement projects.
Committee member Mueen Al-Kazemi said, in a statement to the official agency, that “the financial resources that have accumulated after depositing them in the account of the Chinese agreement projects that were established under the annex to the cooperation agreement between Iraq and China, in which the revenues from exports of 100,000 barrels per day of Iraqi crude oil exported to China are deposited, amounting to three billion dollars,” noting that “these funds are allocated to the projects of the Chinese agreement.”
He added, "Through this fund, discreet and efficient Chinese companies can embark on the required infrastructure," noting that "this will help the government in the issue of investing in various projects, including the dry canal and sewage lines."
In September 2019, Iraq and China signed a multifaceted agreement at the conclusion of talks between two delegations in Beijing, where the agreement includes the exchange of oil revenues for the implementation of projects in Iraq, by opening a credit account in a Chinese bank, to deposit oil revenues amounting to 100,000 barrels per day in order to disburse them. For Chinese companies that implement projects.



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