Iraq Joins The Patent Cooperation Treaty
Politics Yesterday, 19:33 Baghdad-INA The Ministry of Foreign Affairs announced today, Tuesday that Iraq has joined the Patent Cooperation Treaty (PCT).
The spokesman for the Ministry of Foreign Affairs, Ahmed Al-Sahaf, said in a statement received by the Iraqi News Agency (INA), that “the permanent representative of the Republic of Iraq, Ambassador Abdul Karim Hashim Mustafa, deposited the instrument of Iraq’s accession to the Patent Cooperation Treaty (PCT) on 01/31/2022.”
The permanent representative said during his speech, according to the statement, that “accession to the Patent Cooperation Treaty will make the patent system in Iraq more efficient and the procedures will be less costly for applicants seeking to obtain patent protection internationally,” noting its “great importance to motivate Iraqi inventors.” to contribute more to industrial and technological progress and to protect their intellectual property.”
He added, “The Central Agency for Standardization and Quality Control in the Ministry of Planning granted 532 patent certificates during the year 2021 only, and more than 2,200 patent certificates since 2017.”
It is noteworthy that the Patent Cooperation Treaty (PCT) will enter into force three months after the deposit of the instrument of accession, bringing the number of member states to the Treaty to 155.
This is the fourth treaty to which Iraq is a party out of 26 treaties in the World Intellectual Property Organization. https://ina.iq/eng/17238-iraq-joins-the-patent-cooperation-treaty.html
China Invested 10.5 Billion Dollars In Iraq In 2021
Mesopotamia was the main target of the “Belt and Road” infrastructure initiative.
Agencies Wednesday February 2, 2022 16:08
China is cooperating with Iraq to build a heavy fuel station in Karbala (AFP)
A study published on Wednesday, February 2, reported that Iraq was the main target of the Chinese ” Belt and Road ” infrastructure initiative in 2021, as it received $10.5 billion in funding for projects that include heavy oil power plants.
Increase Investments
In total, China’s investment through investment and cooperation in the 144 countries covered by the initiative amounted to $59.5 billion, without much change from $60.5 billion in 2020, according to a report by the Center for Green Finance and Development at Fudan University in Shanghai .
The study said that investments in Arab countries and the Middle East increased last year by 360 percent, and construction projects by 116 percent, compared to 2020.
The study added that Iraq, in which the United States ended its military operations last year, has become the third largest partner in the initiative in energy projects since 2013 after Pakistan and Russia.
Strengthening Business Links
China is cooperating with Iraq to build the Al-Khairat heavy fuel station in Karbala Governorate, and the Chinese “Sinopec” company won a contract to develop the Iraqi Mansouriya natural gas field near the border with Iran.
The two countries are also cooperating to build an airport, a solar power plant and other projects.
China launched the Belt and Road Initiative in 2013 to strengthen trade links with the rest of the world, and has spent a lot on infrastructure development in dozens of countries worldwide.
But critics say China’s financing is often undesirable and lacks transparency, and makes some of the poorest countries, especially in Africa, dependent on China through debt.
https://www.independentarabia.com/node/300311/اقتصاد/أخبار-وتقارير-اقتصادية/الصين-استثمرت-في-العراق-بقيمة-105-مليار-دولار-عام-2021
Control And Supervision Of Companies Exchange And Mediation
February 02, 2022 Based on the role of the Central Bank as the relevant sectoral sector and supervision of the banking system and companies licensed by it under its 2004 legal law and instructions under which he and the regulation of the work of media work and purchase of foreign exchange and exchange companies.
We emphasize the need for exchange companies (A, B) and media dependencies to sell and buy foreign exchange in cooperation with inspection bodies responsible for monitoring your business and confirmation of your employees by providing all facilities and information required by them. It is confused. https://cbi.iq/news/view/1932
Governor Of The Central Bank Of Iraq Meets His Egyptian Counterpart In Cairo
February 02, 2022 Governor of the Central Bank of Iraq meets his Egyptian counterpart in Cairo
His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghalib, who is scary of the Governor of the Central Bank of Egypt, Mr. Tarek Amer in Cairo.
During the meeting, the bilateral relations between cash institutions and the means of developing the regulatory work and joint cooperation in the banking sector were discussed.
A memorandum of understanding on censorship and payment between the two sides was signed in addition to means of strengthening cooperation and the development of banking relations between the two brotherly countries.
The Governor of the Central Bank of Iraq arrived in Cairo on top of a large banking delegation to call the Egyptian side. Central Bank of Iraq information Office 2022/2/2 https://cbi.iq/news/view/1933
Governor Of The Central Bank Of Iraq Meets Egyptian Finance Minister In Cairo
February 02, 2022 Governor of the Central Bank of Iraq meets Egyptian Finance Minister in Cairo
His Excellency the Governor of the Central Bank of Iraq Mr. Mustafa Ghaleb met this evening, His Excellency the Egyptian Minister of Finance Mr. Mohamed Muayt, on the sidelines of the delegation he headed by His Excellency the Arab Republic of Egypt.
The two sides addressed the financial and monetary challenges of both countries and the need to exchange experiences in the financial and monetary sectors, stressing the importance of coordinating fiscal and monetary policies to promote the economic aspect in general.
The meeting addressed the circumstances faced by countries in the past years and how to confront them and the measures adopted by each State. The two sides stressed their keenness to share experiences. https://cbi.iq/news/view/1934
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