Foreign Minister Hoshyar Zebari has hosted a meeting with the Representative of the UN Secretary-General in Iraq, Martin Kobler.
During the meeting, they discussed the role of the UN Mission in the provincial elections that took place recently, and its implications for political developments.
Kobler briefed the Minister on the results of his meetings with a number of parties of the political process and the country’s need for a mechanism to launch a national dialogue to address pending issues.
They also discussed the development of Iraqi – Kuwaiti relations especially the technical measures for demarcation of the borders.
For his part, the Minister stressed the importance of the UN role to exit Iraq from the remaining provisions of Chapter VII.
The meeting was attended by Undersecretary for Administrative Affairs, Adviser of the Minister, and Head of the Organizations Department.
(Source: MoFA)
Iraq Business News
The Hungarian forint gained today as the central bank started meeting with commercial lenders to discuss plans to encourage loans and spur economic growth as a result.
The Magyar Nemzeti Bank discusses with private banks an introduction of interest-free loans that should help small businesses. It is one of unconventional methods used by the Bank to revive the economy. Today’s gains of the forint followed the last week’s rally, which was biggest in nine months. Previously, the currency was weak due concerns that the central bank may refer to quantitative easing as a way to boost growth.
USD/HUF fell from 230.6350 to 227.9200 as of 15:08 GMT today after rising to 231.1000 earlier.
If you have any questions, comments or opinions regarding the Hungarian Forint, feel free to post them using the commentary form below.
Earlier News About the Hungarian Forint:
Forex News
By John Lee.
The Special Representative of the Secretary-General (SRSG) for Iraq, Mr. Martin Kobler (pictured), has visited Basra where he met with the Governor, Dr. Khalaf Abdul-Samad, and with the Director of the Basra office of the Independent High Electoral Commission (IHEC), Mr. Hazim Joda. He also paid a visit to the Black Iraqi community and met with one of its representatives, Mr. Jalal Thiyab Thijeel.
“I had excellent discussions with the Governor over the UN’s ongoing role in the development of the province, the ongoing regional efforts to combat sandstorms, and progress made on Chapter VII,” Mr. Kobler said.
Following his meeting with IHEC officials, the UN envoy said that “with election day around the corner, the Iraqi people place their hopes on transparent, free and fair elections”, adding that “there is no democracy without elections”.
(Source: UNAMI)
Iraq Business News
Posted GMT 11-29-2012 2:14:44
Sydney — Senator Concetta Fierravanti-Wells, Liberal Party, Senator for New South Wales has raised notice of motion in the Senate regarding the plight of Assyrian Christians in Iraq and has called upon the Australian Federal Government to raise the significant human rights concerns of Christian Assyrians with the Iraqi Government.
On behalf of the Alliance and the Assyrian Australian community, we would like to thank Senator Wells for the attention given to our plea and for her sincerity and outstanding effort over the years in raising the Assyrian concerns with the Australian Government. We also extend our appreciation to Mr. Paul Azzo for his unrelenting commitment to lobby the Assyrian case for many years.
Senator Fierravanti-Wells moved the following motion on Wednesday 28 November 2012:
The Senate:
- Recognises that:
- Christian Assyrians, a minority religious and racial group in Iraq, are subject to ongoing violence, intimidation, harassment and discrimination on religious and ethnic grounds.
- On 31 October 2010, 58 Christian Assyrians were killed in an attack on a church in Baghdad, in an act of violent extremism targeting this minority group.
- Christian Assyrians are actively discriminated against by having their land illegally occupied and transferred to squatters.
- Six hundred thousand Christian Assyrians have now fled Iraq, including many thousands to Australia.
- Assyrians remaining in Iraq are denied many basic human rights and subject to ongoing harassment, intimidation and discrimination.
- Condemns violence, intimidation, harassment and discrimination on religious and ethnic grounds wherever it may be found; including in Iraq.
- Calls upon the Government to raise the significant human rights concerns of Christian Assyrians with the Iraqi Government.
Assyrian Universal Alliance
Assyrian International News Agency
Iraq’s Transport Minister, Hadi al-Amiri, has met the Manager Director of the Swedish truck company Scania, Gustav Sandel, to discuss ways to use the company’s expertise in the development of Iraqi ground transportation.
The ministry is reportedly in the process of developing and modernising its transport fleet, particularly road transport and passenger transport.
(Source: NINA)
Iraq Business News
Iraq’s Minister of Construction and Housing, Mohammed Sahib al-Daraji [Darraji], has reportedly discussed plans for Highway No. 2, which runs from Baghdad to the Turkish border, with a Danish engineering design company.
According to the report from AKnews, the company concerned is called “Coy“, but Iraq Business News believes it to be Cowi Holdings.
The minister said:
“The ministry has asked the Danish company to start designing the roads again due to the bad surfaces that appeared over the past 30 years. Highway projects are strategic, important and will create a quantum leap in the country’s economy, because of their great role in the movement of goods and trade in general in Iraq and neighboring countries.“
Talks are continuing with the company to reach an agreement on the design for the project.
(Source: AKnews)
Iraq Business News
Iraq’s Deputy Premier with responsibility for energy affairs, Hussein Shahristani, has reportedly met the chairman of the South Korean STX Group to discuss possible cooperation in building power stations.
According to the report from Aswat al-Iraq, STX has already completed a diesel power station with a capacity of 900 megawatts.
A statement from Mr Shahristani’s office said the group was interested in building a large petrochemical complex and iron plant, in addition to pumping water in south Iraq oil fields.
(Source: Aswat al-Iraq)
Iraq Business News
President Barzani yesterday welcomed US Ambassador to Iraq James Jeffery and Chief of the Office of Security Cooperation-Iraq General Robert Caslen in Salahaddin to discuss the current political crisis facing Iraq.
Both sides underlined the importance of urgently resolving the current crisis through constitutional means and by respecting the existing agreements between the political blocs. They also emphasized the need for genuine power-sharing and expressed their support for any decision that Iraqis may take within the framework of the constitution.
President Barzani shed light on the recent meetings and consultation he held in Erbil with a number of other Iraqi leaders. He stated that the only threat to Iraq’s unity is dictatorship.
On the recent security developments in certain disputed areas, General Caslen talked about efforts to convene a meeting of the Iraqi army, the Peshmerga forces and representatives from the US Embassy security cooperation office, to address the security challenges facing those areas.
(Source: KRG)
Iraq Business News
The Greek government has submitted to parliament a new austerity plan it hopes will secure a 130-billion-euro ($171 billion) bailout from the EU that Athens needs to repay its debts.
View full post on Radio Free Europe / Radio Liberty
Meetings of the Syrian-Iraqi Transport Committee held in Damascus on Saturday focused on means of enhancing bilateral cooperation and enforcing the signed agreements between the two sides.
View full post on Iraq Updates – Latest News
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