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News from Stryker Blog

4/16/2014

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Here are a few things of importance going on in Iraq right now:

Elections

Tariffs & Protection of Product Laws needing to be implemented for price control of food and other essential goods

WTO needs the Tariffs & Protection of Product Laws implemented before full accession can be assured, one goes hand in hand with the other.

Negotiations on Oil Deal between Kurdistan & Baghdad

Negotiation on 2014 Budget

Parliament Members have been advised that they must stay active until June 14, 2014 even if they are not reelected to pass budget

EO 13303 Expires in 36 days on May 22, 2014

CBI preparing to take control and protect all Iraqi assets frozen worth an conservative estimated $150 billion dollars

CBI announced they are ready to re-print current currency

CBI announces that new modern technology is ready to sort and count old currency

CBI announces to the Iraqis not to sign, write or stamp currency, so do not deface the national currency

Rafidain & Rasheed, two of the state owned banks preparing to receive frozen assets worth a combined $78 billion dollars

Iraqi Banks preparing to go international

International Banks opening up branches all over Iraq

Major Oil Companies investing hundreds of millions each in expanding oil production all over Iraq

Hundreds of Billions of International investment funds flowing into Iraq for all kinds of projects from road construction to housing projects

These are just a few things that makes me believe Iraq is getting very close to economic reform, thus going international. The Team and I will be going over these, answering members questions and more on our roundtable tonight.

I hope you can join us. Stryker Blog
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