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Economic 12/12/2024
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Gold and airports, both represent importance in its many aspects: economic, security, sovereign, political, social, and touristic, for the country and its people.
The importance of the airport lies in the fact that it represents the main gateway to the country, and we are talking here about external airports, and less than that internal airports, and through this gateway, the whole world sees the reality and details of the country of the airport, and through it, people move from one country to another, and through it come goods and commodities, and other details, and for all of that, the airport is directly connected to the sovereignty, security and economy of the country.
As for gold, it represents a sensitive barometer for measuring the strength and weakness of a country’s economy. It represents the safe and secure cover for the economy. Therefore, the economic level of countries is measured by the gold reserves they possess, in addition to its social importance, as an (ornament and treasury).
Here comes the question: What is the relationship between the airport and the resonant yellow?
On the surface, there is no clear relationship between the two matters, but if we delve deeper, we will discover a strong relationship between them. Our airports, specifically Baghdad, Basra, Najaf and Kirkuk airports, are no longer concerned only with transporting passengers and shipping goods, as is the case with all airports in the world. Rather, another task has been added to them, which is that they have become official outlets for importing gold, after the government and the Ministry of Planning, represented by the Central Agency for Standardization and Quality Control, succeeded in opening specialized centers to examine and mark gold, silver, jewelry and precious stones imported at the same airports. With the opening of these centers, the task of gold importers has become easy, as the examination and marking procedures are carried out at that center, which is only a few meters away from the arrivals hall, and this process only takes an hour or two.
Before that, traders used to carry their gold to the headquarters of the agency to be examined and marked, and this is a process that involves many risks and financial costs, which are reflected in gold prices. Moreover, establishing such centers will contribute to eliminating counterfeit gold and preventing it from being traded, thus protecting and supporting the national economy, not to mention the state of reassurance among gold importers and goldsmiths, due to the speed, guarantee and safety of gold, and the advanced devices used in the examination, as Iraq is one of 3 countries that have such devices.
It seems that the experiment has achieved great success within two months of opening the first gold testing center at Baghdad Airport, another in Najaf, a third at Kirkuk Airport, and soon at Basra Airport. Serious thinking has now begun about opening other centers at Erbil, Sulaymaniyah, and Karbala airports, after its opening.
With these measures, Iraq has taken an important step towards stability and economic diversification. Regulating the pace of gold imports and trading will contribute to drawing a new picture of the Iraqi gold scene.
Now, do you know the relationship between gold and the airport?
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