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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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    Iranian Chamber of Commerce: Iraq's investment budget is 150 billion dollars, and our share in it mu

    Rocky
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    Iranian Chamber of Commerce: Iraq's investment budget is 150 billion dollars, and our share in it mu Empty Iranian Chamber of Commerce: Iraq's investment budget is 150 billion dollars, and our share in it mu

    Post by Rocky Wed 01 May 2024, 4:25 am

    [size=35][size=35]Iranian Chamber of Commerce: Iraq's investment budget is 150 billion dollars, and our share in it must be increased[/size]
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    05-01-2024 | 05:11
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    Al-Sumaria News - Economy

    The head of the Joint Iranian-Iraqi Chamber of Commerce considered that Iran must increase its share of Iraq’s investment budget, which amounts to $150 billion, noting that barter and payment in national currencies are the most prominent means taken to avoid obstacles to repaying trade funds and debts between the two countries.


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    The head of the Iranian-Iraqi Chamber, Yahya Al-Ishaq, said during[url=https://www.alsumaria.tv/entity/1505319693/%D9%85%D9%86%D8%AA%D8%AF%D9%89 %D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84 %D8%A7%D9%84%D8%A5%D9%8A%D8%B1%D8%A7%D9%86%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Iranian-Iraqi Business Forum[/url]Which was held at the headquarters of the Iranian Chamber of Commerce, Industry, Mines and Agriculture, it is necessary[You must be registered and logged in to see this link.]And[You must be registered and logged in to see this link.]Making joint investments as a way to give an additional boost to bilateral trade relations.



    In reference to the commercial exchanges between...[You must be registered and logged in to see this link.]And[You must be registered and logged in to see this link.]Last year it reached $10 billion, while unofficial reports put the number at $14 billion. Al-Ishaq said that achieving the goal of bilateral exchanges worth $20 billion is not difficult.

    He pointed out that Iraq's annual investment budget amounts to about $150 billion, which is a large amount, adding that...[You must be registered and logged in to see this link.]To make efforts to increase its share in this budget, according to the newspaper “[url=https://www.alsumaria.tv/entity/21776722/%D8%B7%D9%87%D8%B1%D8%A7%D9%86 %D8%AA%D8%A7%D9%8A%D9%85%D8%B2/ar/]Tehran Times[/url]

    He pointed out that there are problems in the field of financial transfers, stressing that these problems can be solved as the two countries’ central banks negotiate in this regard. Meanwhile, the Vice President of the Federation of

    Iraqi Chambers of Commerce indicated that there are various obstacles in the way of exchanges, noting that The two countries tried to resolve the issues through barter trade,

    he added[You must be registered and logged in to see this link.]And[You must be registered and logged in to see this link.]They agreed to issue it[You must be registered and logged in to see this link.]Up to 100 thousand barrels per day of oil in exchange for its imports of electricity and gas from[You must be registered and logged in to see this link.]Pointing out that trade in national currencies is another way to eliminate problems in bilateral exchanges and thwart the effects of sanctions.
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