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You can buy dinar and have it held in Iraqi Bank A/C. Banking Facilitation Contract - Under UK Law NOT Iraqi Law. To Sell Dinar see www.dinarindex.com for Current Rates.

16/01/2015

Erbil Agreement's 19 points
The agreement had the following terms: 95.
1- Commitment to the Iraqi Constitution, with all of its articles without exception, and protection of
Iraq's Federal Democratic system.
2- A coalition government in which all major Iraqi components participate.
3- Commitment to the principle of partnership and participation in decision-making through:
a. Establishment of a Council on National Security, to be created through the passing of a special
law at the same time as the government is formed.
b. Drafting of bylaws for the Council of Ministers that would give it added legitimacy and
institutionalization. Through joint decision-making, the Council would ensure that administrative
and financial powers are shared between the Prime Minister and his deputies.
c. Adherence to the principle of consensus.
4- Formation of a Federal Council within the first year of this Parliament. The President and his deputies
have the right to veto legislation until this Council is formed.
5- Amendment of the current electoral law to guarantee that all Iraqis are represented fairly.
6- The census should be conducted on time in October 2010.
7- Review of the structures of the security and military forces to reflect a fair representation of all Iraqis in
these forces.
8-Introduction of checks and balances in all Ministries and state Institutions.
9-Implimentation of article140 of Iraq's constitution and allocation of the necessary budget within a period that does not exceed two years following the formation of the government.
period that does not exceed two years following the formation of the government.
10- Passage of a law for water resources within the first year of the government formation on the basis of
the latest agreed-upon draft.
11- Passage of a law for oil and gas within the first year of the government formation on the basis of the
latest agreed-upon draft.
12- Supplying the Peshmerga forces with arms, equipment, and funds as part of the Iraqi national defense
system.
13- Support for the Kurdistan's regions candidate for the post of President of the Republic.
14- Compensation for the victims of the former regime, including the victims of the Anfal campaign and
chemical bombings of Halabja and other places.
15- The Kurdistan's region blocks should have a fair representation within the sovereign ministries and other institutions based on national gains in the elections.
16- The Kurdistan Region should have the right to cross-examine candidates for the posts of minister of
any sovereign ministries and those ministries that are relevant to the Region.
17- The Kurdistan regions negotiating team should elect a candidate for the post of the Secretary of the
General Secretariat of the Council of Ministers.
18- In the even that the Kurdistan region's block withdraw from the government due to a clear breach of the constitution, the Iraqi government would then be considered dissolved.
the Constitution, the Iraqi government would then be considered dissolved.
19- The Prime minister's block in both the Parliament and the Council of Ministers must make a commitment to the implementation of the above terms.

Erbil Agreement content disclosed

The Kurdish Globe

The agreement was the basis for the formation of the new Iraqi government's cabinet and political accord

As the winners of the March 2010 parliamentary elections failed to form the new cabinet of the government after eight months, Kurdistan Region's President Massoud Barzani called on a national congress to resolve the disagreements and form the government.

Erbil hosted the conference where President Barzani, Head of State of Law Bloc Nuri al-Maliki and Head of Iraqia party Iyad Allawi reached an agreement, which was signed by Dr. Roj Nuri Shawais, Hassan Sneid and Salman Jumeli, representing the Kurdistani Alliance, National Alliance and Iraqia party, respectively.

Below is the text of the nine-article agreement, which has not previously been published:

A. First Section:

1.Benefits of the members: Reviewing the legislation related to the benefits of the members and amending them (rights, salaries, guards, retirements, financial and administrative authorities).

2. Reforming the parliamentary office: Improving the qualifications of its cadres to be able to responsibly deal with preparing the draft laws for approval, following up the laws of various commissions within specific time limits, as well as not ignoring those laws that are submitted to Parliament as draft laws or suggestions.

B. Second Section:

Laws and Regulations

1.Reestablishing the Constitution Amendment Committee in a way that guarantees the real participation of all the winning blocs in the committee, and achieves the amendments that have been agreed upon.

2.Setting specific time limits for the laws: Setting specific approval time for all laws that are required under the Constitution but not yet legislated. This has to be in coordination with the parliamentary offices, the Legal Committee and the specialized committees of the Parliament, and implemented by the speaker of the Parliament on the one hand and the heads of the political blocs on the other hand, according to the following priority:

- Federal Court Law

- Oil and Gas Law

- National Reconciliation Law

- Security Agencies Organization Law

- Parties Law

- United Council Law

- Elections Law

- Elections Commission Law

- Media Network Law

- Public Inspectors Law

- Financial Audit Divan Law

- Balance Board Law

- Federal Revenues Law

- Executive Power Law

- Journalism and Journalists Protection Law

3.Establishing a permanent parliamentary committee and allocating the posts of the head, members and decision-makers according to number of votes as well as constitutional balance.

C. Third Section:

Monitoring Role

1. Activation of the affiliation of the independent commissions (Integrity Commission, Financial Audit Commission, Media Network, Relations and Media Commission) to Parliament according to the Constitution and by the verdict of a decision from the Federal Court.
2. Putting an end to the issue of delegation of responsibility or official positions to deputies and delegates (substitute minister, board chair, deputy minister, etc.) within the first three months of the beginning of the work of the Parliament as well as guaranteeing the constitutional balance.

3.Stimulating the role of media organizations considering that it is the forth power. Legislating the journalism work and journalist protection laws.

4. Setting a clear and agreed-upon mechanism to summon and question the executive members and not leaving the issue for the presidency's analysis.

D. Forth Section:
Security Reform

1.Security institutions laws and authorities: Deciding on the laws of the security institutions that determine the active security institutions and clarifying the duties and authorities of each institution to achieve the complementary state, and in a way that minimizes encounters between the specializations of the security institutions.

2.The need for the development of the security institutions to achieve the highest degree of professionalism.

3.Forcing the security institutions to obey questioning by the council of representatives (according to constitutional procedures) and drafting necessary laws to impose severe penalties on those who are proven to be spying for the interest of foreign parties.

4.Investigating all officials and members of the security forces against whom suits are filed for breaching human rights and not providing any protection for any of those for any reason.

5.Stimulating the role of the provincial councils according to the Constitution and the provincial committees' councils in a way that guarantees the implementation of the decisions of these councils that are related to security.

6.Establishing investigation centers to make use of retired citizens.

7. Organizing and strengthening the borders with new equipment and in a way that guarantees control of the borders.

7.Toughness with those who enter the country illegally.

8.Establishing a specialized committee to monitor national disasters and offering fast and effective solutions to the affected areas.

9.Strengthening the role and authority of the national intelligence agencies and developing their cadres as required by Iraqi national security, fighting espionage and following up the security intelligence activities on Iraq's soil as well as drafting effective laws in this regard.

E. Fifth Section:

Judicial Reform

1.The presidencies of the Higher Judicial Council and the Federal Court or Tribunal Court should be unified.

2.Accelerating the process of establishing the judicial power according to the Constitution, stimulating and developing the work of the attorney general.

3.Accelerating the establishment of the Judicial Power Law according to the Constitution as well as stimulating and improving the work of General Appeal Court.

4.Accelerating the approval of the Higher Judicial Council Law.

5.Preventing judges from working outside the Higher Judicial Council's institutions.

6.Revising the Terror Law.

7.Keeping balance among the government institutions.

F. Sixth Section:

i.Achieving national balance in:

1.Ministries' deputies

2.Ambassadors

3.Head of the independent boards and commissions

4.In the federal ministries and military and security institutions, at the levels of director and above or equivalent posts (chief of divisions, ministries, divans, etc.).

ii.Balance Board Law shall be approved within a period of no more than six months after the commencement of the parliamentary committees, and the board shall be established immediately after the approval of the law, per the mutual agreement of the blocs.

iii.The board will respect the constitutional balance and guarantees the rights of all regions and provinces in all the state institutions, including the security and military institutions at all levels.

iv.Stimulating the role of the Ministerial Council and the independent commissions as well as granting adequate authority to the deputy ministers and assistants of the independent boards to achieve power sharing.

v.Fully activating the Constitution and the laws related to employment and accelerating the establishment of the Federal Service Council, which is addressed in the Article 107 of the Constitution and the previous Council of Representatives has approved at the end.

13/06/2013

Iraq announces departure AT the end of this month CH7

Twilight News /

The Iraqi government said today that the UN Security Council will meet later this month and issue a ruling as Iraq moves from the provisions of Chapter VII of Chapter VI.

He said Foreign Minister Hoshyar Zebari said in a joint press conference with his Kuwaiti counterpart Sabah Al-Sabah in Baghdad attended by "Twilight News" that Iraq has all the international Altazamth to Kuwait in preparation for exit from the provisions of Chapter VII.

Kuwaiti Prime Minister Jaber Mubarak Al-Hamad Al-Sabah to Baghdad on Wednesday for an official visit, accompanied by several ministers and officials of Kuwait.

Zebari stressed that the Kuwaiti delegation that cause the signing of six agreements between Iraq and Kuwait on cultural aspects of transportation, the environment, the economy and international.

Meanwhile, Foreign Affairs Minister Sabah al-Sabah said his country would be happy to get out of Iraq from Chapter VII provisions, stressing that the coming period will witness a significant improvement in the level of bilateral relations with Iraq in various fields.

Sabah said the visit is happening today in Iraq Kuwaiti delegation will open new horizons for cooperation between the two countries, stressed that Iraq is one of the countries large and influential and is the basic pillar of security and stability in the region.

15/03/2013

Thursday, March 14, 2013 10:27 Central Bank announces near new decisions to reduce the high rate of foreign currencies

BAGHDAD / Baghdadiya News / .. Iraqi Central Bank announced on Thursday that it was taking a number of new decisions that will change the exchange rate of foreign currencies against the Iraqi dinar and thereby contributing to its stability in the currency market.

The bank said in a press statement received / Baghdadiya News / copy of "Central Bank and after follow-up floury to the high exchange rate of foreign currency in the secondary markets in Iraq, tends to take many new decisions to maintain the stability of the exchange rate of these currencies in the market."
The bank said that "the announcement of the near making these decisions by the Bank comes to warn dealers to trade currency, investors and men for taking Ahitatathm to the Aatatroa this change in the exchange rate." Adding that "the exchange rate change would be different from the current prevailing prices of foreign currency against the Iraqi dinar."
The price of foreign currency, especially the dollar has witnessed over the past period a remarkable increase in secondary markets as a result of monetary policy the current government and economic instability in the country. Finished / 21

13/03/2013

For any members with funds in Warka

Dear Sirs,

With regards to the legal court case Warka Bank for Investment and Finance has filed against the Central Bank of Iraq.

Warka Bank for Investment and Finance is delighted to inform its cliental, shareholders and management that the Iraqi Supreme High Court has awarded its decision in full favor of Warka Bank for Investment and Finance confirming its judicial decision that the liquidity crisis and events leading to Warka's declining financial position is entirely due to the fault, malice, mismanagement and misdirection of both the Ministry of Finance and Central Bank of Iraq their ill actions taken against the bank placing the full blame and cause on both the Central Bank of Iraq and Ministry of Finance their lack to take the proper action measurements and steps to resolve the crisis properly in supporting the rehabilitation of the largest financial enterprise in the country.

Where we are delighted to add that the court decision confirms that Warka Bank for Investment and Finance has implemented, practiced and maintained all legal banking guidelines, protocols and regulations set by the bylaws of the Central Bank of Iraq confirming its true innocence.

We have posted a copy of the court's decision to bring comfort joy and happiness to all those whom have supported our bank, board of directors and management….

Best regards,

Legal Department


Warka Bank for Investment and Finance


http://www.warka-bank.com/?0d64a1934dcafd4bf6a2baf1b2V

06/03/2013

New Baghdad-London Flights Massive Boost to UK Business

The Iraq Britain Business Council (IBBC) has welcomed the resumption of direct flights between Baghdad and London after more than 20 years — the first Iraqi Airways plane will land this evening (March 5th 2013) at Gatwick Airport.
Baroness Nicholson, Executive Chairman of the Iraq Britain Business Council, said:
“This is terrific news. There are proven links between boosting trade between countries and direct flights.
“A non-stop Iraqi Airways service between London and Baghdad means British businessmen and women can get out there now and start winning the big contracts.
“Iraq is spending over a trillion US dollars on reconstruction and the UK is lagging behind countries like China and South Korea who are snapping up major deals. The UK needs to catch up.“
On today’s inaugural flight will be Iraq’s Transport Minister Hadi al-Amri who is making his first visit to London.
(Source: IBBC)

28/02/2013

Zebari: Iraq out of Chapter VII, except for two paragraphs related to the Kuwaiti sid
27/02/13 05: 44

The Foreign Minister Hoshyar Zebari said that Iraq fully discharged from Chapter 7, except for two paragraphs on the Kuwaiti side, Zebari said in a speech to the celebration organized by the Kuwaiti Embassy in Baghdad for the occasion of the fiftieth anniversary/52/for the Kuwaiti national day ...

He signed several important agreements in which the interests of the two countries in all fields.
The Kuwaiti Ambassador said the believer that the two countries agreed to close the outstanding files, pointing out that there are technical measures may take some time ...

22/01/2013
FASTEST GROWING ECONOMY IN 2013!!!
27/11/2012

FASTEST GROWING ECONOMY IN 2013!!!

Iraq will emerge as the world's fastest growing economy in 2012 and 2013, according to Bank of America Merrill Lynch (BAML)

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