Dinar Times | Daily Dinar Updates from Dinar Guru on Dinar Chronicles and Dinar Recaps
  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • USA
  • Dinar News
  • Iraq
  • World
  • Blog
No Result
View All Result
  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • USA
  • Dinar News
  • Iraq
  • World
  • Blog
No Result
View All Result
Dinar Times | Daily Dinar Updates from Dinar Guru on Dinar Chronicles and Dinar Recaps
No Result
View All Result

Disclosure of important details about the Chinese agreement and representative services announce its position on them

January 14, 2020
in Iraq

The Parliamentary Services Committee revealed important details about the trade agreement between Iraq and China, announcing its position on the agreement.
“The children of our Iraqi people, while the demands of the peaceful and benevolent among the Iraqi people continue to need reform and advancing the economic reality of the country, the Iraqi government has embarked on the implementation of the China-oil agreement, which we believe the country will reap its fruits in an excellent manner in the next years,” the committee said in a statement during a press conference held in the parliament building today. for the following reasons:
– Fund agreement includes coverage of projects (airports, building schools, paving of roads, railways, construction of residential complexes, infrastructure projects, energy projects and analysis, treatment of pollution in the Tigris and Euphrates and the Shatt al – Arab and any Other projects by the Iraqi government asked if the cost of a project 1 and one million dollars taken from the fund actually $ 850 million from China and $ 150 million from Iraqi oil sales.
– The Convention is penal conditions and fall within the friendship agreements and in the event of a dispute are resorting to International arbitration bodies to decide.
– The China Fund for Reconstruction is supervised by the Iraqi party and a guarantor investment company chosen by the Central Bank from among 5 international companies
.
– The revenues of 100 thousand barrels per day of the oil sold to China are reserved, specifically for the Chinese (Zinhua and Sinoc) national companies, and its revenues shall be placed in the Iraqi-Chinese fund.
– The ceiling of Chinese banks’ credit for the Iraqi fund, at a value of $ 10 million, with interest subsidized by the Chinese government.
– If the first package of projects succeeds and Iraq desires to increase investments, the Iraqi oil sales ceiling will be raised to 300,000 barrels per day, and China will increase the ceiling of assumptions to 30 billion, which will push China to provide its best energies in the first package.
– The amount is deposited in a bank (Citibank), then the bank transfers the account to the American Federal Reserve Bank in New York, which oversees the total Iraqi oil sales, and then transfers it to a new account called (investment account) the investment account.
– A repay account, debt services account, is created to support the interest rate and deducts its amounts from the investment account.
– The Council of Ministers selects the projects and signs the one-time contract. An example is signed for building 2000 schools with an open contract called (open contract).
– The start of depositing Iraqi oil money on 1/10/2019
and accumulated an amount of half a billion dollars, and it is increasing with China’s readiness to deposit an amount of 10 billion dollars.
– Iraq has the right to choose international European and American companies to be a partner with China, according to the type of project.
The committee said, “After our careful reading of the terms of the agreement and we verified the reputation of the names of companies and banks included in the terms of the agreement, we found that the achievement of the Iraqi economic interest as it is hoped that the first project will be signed according to the agreement However, the security and political events in Iraq have delayed this, so we call on everyone, especially the concerned parties, to impose stability and work to achieve peace in the Iraqi street, as a guarantee to start implementing the expected projects and to serve future generations of the Iraqi people.

alliraqnews.com

Share this:

  • Twitter
  • Facebook
ShareTweetShareSendShare

Related Posts

Government Revenues At The End Of 2022 Will Reach 142 Trillion Dinars
Dinar News

Government Revenues At The End Of 2022 Will Reach 142 Trillion Dinars

June 6, 2022
Iraqi News
Dinar Guru

Graphics .. America announces the allocation of 140 million dollars to support businesses in Iraq

May 14, 2022
Deepwoods
Dinar Guru

United Nations Iraq

May 3, 2022

Dinar Gurus

Bondlady’s Corner

Bondlady’s Corner

August 8, 2022

Iraqi News

Iraqi News

August 8, 2022

Sandy Ingram

Sandy Ingram

August 8, 2022

Iraqi News

Iraqi News

August 8, 2022

TNT

TNT

August 8, 2022

KTFA

KTFA

August 8, 2022

Read More

Iraq / USA

THE CONTRAST COULDN’T BE MORE OBVIOUS!

THE CONTRAST COULDN’T BE MORE OBVIOUS!

July 5, 2022

[IMPORTANT] This is what’s going to happen next… | Robert Kiyosaki & George Gammon

[IMPORTANT] This is what’s going to happen next… | Robert Kiyosaki & George Gammon

July 5, 2022

ALERT! A New Monetary System is Close..Just NOT THE WAY YOU THINK!! (Bix Weir)

ALERT! A New Monetary System is Close..Just NOT THE WAY YOU THINK!! (Bix Weir)

July 5, 2022

Scam Alert! Ukraine Demands $750 Billion…For ‘Reconstruction’!

Scam Alert! Ukraine Demands $750 Billion…For ‘Reconstruction’!

July 5, 2022

Read More

Blog

KTFA

KTFA

August 6, 2022

A new financial system aka the quantum financial system QFS

January 30, 2021

Iraqi Dinar News 12/27/20

December 27, 2020

A very happy Merry Christmas from Dinar Times Team

December 25, 2020

Read More

Videos

THE CONTRAST COULDN’T BE MORE OBVIOUS!
USA

THE CONTRAST COULDN’T BE MORE OBVIOUS!

July 5, 2022
[IMPORTANT] This is what’s going to happen next… | Robert Kiyosaki & George Gammon
USA

[IMPORTANT] This is what’s going to happen next… | Robert Kiyosaki & George Gammon

July 5, 2022
ALERT! A New Monetary System is Close..Just NOT THE WAY YOU THINK!! (Bix Weir)
USA

ALERT! A New Monetary System is Close..Just NOT THE WAY YOU THINK!! (Bix Weir)

July 5, 2022
Scam Alert! Ukraine Demands $750 Billion…For ‘Reconstruction’!
USA

Scam Alert! Ukraine Demands $750 Billion…For ‘Reconstruction’!

July 5, 2022
BITCOIN’S UPHILL BATTLE CONTINUES | PETER SCHIFF’S BANK CLOSURE
Cryptocurrency

BITCOIN’S UPHILL BATTLE CONTINUES | PETER SCHIFF’S BANK CLOSURE

July 5, 2022
Is This The RECESSION?! Here’s The FACTS You Need To Know!!
Cryptocurrency

Is This The RECESSION?! Here’s The FACTS You Need To Know!!

July 5, 2022
Read More

Cryptocurrency

BITCOIN’S UPHILL BATTLE CONTINUES | PETER SCHIFF’S BANK CLOSURE

BITCOIN’S UPHILL BATTLE CONTINUES | PETER SCHIFF’S BANK CLOSURE

July 5, 2022

Is This The RECESSION?! Here’s The FACTS You Need To Know!!

Is This The RECESSION?! Here’s The FACTS You Need To Know!!

July 5, 2022

Kevin Smith Reveals The Biggest Regret Of His Career (Not Making Same Mistake w/ Crypto)

Kevin Smith Reveals The Biggest Regret Of His Career (Not Making Same Mistake w/ Crypto)

July 4, 2022

Making My (Future) Kid A Millionaire Starting With $1,000

Making My (Future) Kid A Millionaire Starting With $1,000

July 4, 2022

Read More

Dinar

The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar

The 2022 Budget Will Not Go Ahead Without Returning The Price Of The Dollar

July 5, 2022

Iraqi Dinar/US Dollar auction results for Wednesday 7-6-2022 executed today 7-5-2022

Iraqi Dinar/US Dollar auction results for Wednesday 7-6-2022 executed today 7-5-2022

July 5, 2022

Iraq Achieves A Financial Surplus Of More Than 15 Billion Dollars In The First 5 Months Of 2022

Iraq Achieves A Financial Surplus Of More Than 15 Billion Dollars In The First 5 Months Of 2022

July 5, 2022

Barham Salih discusses with Lindsey Graham the recovery of Iraq’s smuggled money

Barham Salih discusses with Lindsey Graham the recovery of Iraq’s smuggled money

July 5, 2022

Read More

Dinar Times is an exclusive website concerning Iraqi Dinar Revaluation, serves with the Iraqi Dinar RV related latest updates which are based on Dinar Guru opinions and reckonings. Along with it we also incorporate the valuable perspectives of our Iraqi Dinar Gurus & Investors in the form of latest Dinar Recaps, Dinar Chronicles and Dinar Intel. Dinar Times also extensively covers USA, Iraq & Global, up to the minute happenings.

LINKS

  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • Blog
  • Dinar News
  • USA
  • Iraq
  • World

BROWSE MORE

DinarDetectives.com

DinarTube.com

Dinar Detectives Forum

NEWS FEED ON

Dinar Times is an exclusive website concerning Iraqi Dinar Revaluation, serves with the Iraqi Dinar RV related latest updates which are based on Dinar Guru opinions and reckonings. Along with it we also incorporate the valuable perspectives of our Iraqi Dinar Gurus & Investors in the form of latest Dinar Recaps, Dinar Chronicles and Dinar Intel. Dinar Times also extensively covers USA, Iraq & Global, up to the minute happenings.

LINKS

BROWSE MORE

DinarDetectives.com

DinarTube.com

NEWS FEED ON

Dinar Times ©. All Rights Reserved

No Result
View All Result
  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • USA
  • Dinar News
  • Iraq
  • World
  • Blog

© 2021