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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Al-Shammari: American hardening towards Iran escalates the task of the Iraqi delegation in Washingto

    Rocky
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    Al-Shammari: American hardening towards Iran escalates the task of the Iraqi delegation in Washingto Empty Al-Shammari: American hardening towards Iran escalates the task of the Iraqi delegation in Washingto

    Post by Rocky Thu 09 Feb 2023, 3:49 pm

    [size=30]Al-Shammari: American hardening towards Iran escalates the task of the Iraqi delegation in Washington
    [ltr]2023.02.09 - 19:51[/ltr]
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    Baghdad - Nas  
    The head of the Center for Political Thinking, Ihsan al-Shammari, said on Thursday that the American emphasis on Iran will escalate the mission of the Iraqi delegation in Washington.  
      
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    Al-Shammari said, in a tweet followed by "Nass" (February 9, 2023), that, "with the escalation of the opinion of hardliners towards Iran in Washington not to give Iraq any flexibility, and to enter this within the circle of conflict between Republicans and Democrats."  
      
    He added, "The mission of our delegation to the Federal Bank will be difficult in its political aspect."  
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    An official source in the Iraqi prime minister's office said that  the delegation, which is considered the first of its kind to visit Washington since Muhammad Shia' al-Sudani assumed the presidency of the government in Iraq, at the end of last October, will bring several demands to the Americans, according to Al-Araby Al-Jadeed.  
      
    The source mentioned in a statement to the Qatari-funded newspaper, followed by "Nass" (February 8, 2023), that "these demands relate first to Washington's easing of procedures for providing Iraq with hard currency (dollars), which it restricted in the past two months to more than 70 percent, and for Iraq to obtain new exemptions." Related to dealings with Iran and Russia, most of which are related to the energy field.    
      
    He added, "The Iraqi delegation will ask to postpone work on the electronic platform for a few months, until merchants as well as Iraqi banks get used to it, with guarantees that procedures will be put in place by the Central Bank of Iraq to prevent currency smuggling abroad, and its arrival to countries that have US economic sanctions."    
      
    The source added, "The visit of the Iraqi delegation will determine the return of the Iraqi dinar to its previous value, or its exposure to a possible new collapse."    
      
    According to the source, "the delegation hopes to achieve a good result in this visit, but the Americans have conditions and demands related to controlling the smuggling of dollars to three parties, which are Iran, the Syrian regime, and the Lebanese Hezbollah."    
      
    The electronic platform for selling dollars imposed by the United States on Iraq is summed up in Washington’s monitoring of the entities that obtain dollars, the reason for obtaining them, and the nature of their activities, in addition to requiring the Central Bank of Iraq to make transfers (payment) to the parties from which merchants and various Iraqi companies buy, without the merchant getting or the company for the amount in cash.    
      
    The platform allows the United States to monitor the amounts that come out of the Central Bank, as well as to identify the beneficiaries from banks, companies and businessmen. Previously, the Central Bank of Iraq sold dollars through a direct sale window to private banks and companies at a value of 1460 dinars per dollar, and the selling window witnessed an average of 170 million dollars per day.    
      
    No change in the status of US forces in Iraq  
      
    Regarding the visit of the Iraqi delegation, another Iraqi official told the newspaper, on condition of anonymity, that the Sudanese government decided not to open the file of the American military presence during this visit, and is currently focusing on the issue of the Iraqi dinar crisis.    
      
    He added, in a brief phone call: “The delegation will confirm the continuation of military and security cooperation with the United States, and there will be no change from the status quo since the government of Mustafa Al-Kazemi, and this decision is with the knowledge of the Coordination Framework Coalition, which was briefed on Iraq’s position and the seriousness of the current dollar crisis on the economy, so the issue of Ending the US military presence and everything related to it is not on the table.    
      
    For his part, Moein Al-Kazemi, a member of the Parliamentary Finance Committee, MP for the "Coordination Framework", said, "The Iraqi delegation's visit to Washington is very important and comes in order to solve the problem of the American emphasis on dealing in dollars."    
      
    And he considered that "this tightening caused a crisis in the exchange rate of the dollar, which led to its significant increase, which led to an increase in the prices of foodstuffs and others in the Iraqi market."    
      
    Earlier, the Ministry of Foreign Affairs confirmed that the Iraqi delegation, which will visit Washington, will discuss two basic economic files.  
      
    Ministry spokesman Ahmed Al-Sahhaf said in a statement to the official agency, followed by "NAS", (February 8, 2023), that "the delegation will hold in Washington its dialogues with the American side, which will focus on supporting Iraq's monetary policy and exchanging financial and banking support with the aim of strengthening the Iraqi government's vision of its measures regarding The exchange rate of the dollar," noting that "the government's qualitative steps to perpetuate the identity of the new monetary policy, and the dialogue with the United States is looking out for the Iraqi national interest."    
      
    He stated that "the dedication of economic diplomacy puts us on a path that is more reliable and balanced in our foreign relations, and we feel international welcome and support for the policies of the Iraqi government," noting that "the diplomacy of the national response depends on the government program, and we vote for the pulse of the Iraqi street with Iraq's partners and friends."    

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