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STATUS OF THE RV , PART. 4
😊This next article titled “AL-SUDANI’S ADVISOR TALKS ABOUT A “NEW CHAPTER” WITH WASHINGTON AND THE AGENDA OF A US DELEGATION IN IRAQ SOON.”
According to Farhad Alaaldin, the Iraqi Prime Minister’s advisor for foreign affairs, spoke about a “new chapter in the Iraqi-American partnership.”
He also touched on a “promising” opportunity for American companies specializing in the manufacture of floating platforms and the supply of liquefied natural gas to participate effectively in Iraq.
So, let’s talk more about American companies from this article: This visit is likely to result in the signing of an unprecedented agreement between General Electric and the Iraqi Ministry of Electricity, aiming to produce highly efficient power bridging the gap in electricity demand away from Iran.
Parallel efforts to address this challenge to complete the Gulf Electricity Interconnection Project, which aims to deliver electricity from the electric grid to the Gulf Cooperation Council countries via the State of Kuwait by 2025. Yes, this year not years down the road.
Also, Iraq’s natural gas sector also highlights the significant opportunities available to advance the country’s energy development. Huge quantities of associated gas are still being flared daily,
around the clock, due to weak infrastructure and the urgent need for advanced international expertise in processing and exploiting this vital resource. In this context, American companies possess advanced technical and technological capabilities, making them ideal partners in this field.
On March 4, Iraqi Oil Minister Hayan Abdul Ghani announced that the ministry is in the process of importing a floating regasification platform (FSRU) to secure gas supplies for the country’s power plants. The bidding process is currently underway.
Over the past two and a half years, Iraq has awarded more contracts to American companies than ever before, reflecting the growing level of trust and partnership between the two countries.
Let’s go deeper into the VERY GOOD news…. So, what is this “new chapter” in relations with America they are now talking about? It is the move from the Obama/Biden era of relations to the Trump era. Like I told everyone this policy of first economic giant then RV will not work.
At some point all the reforms must work together to get the economy they desire and the reinstatement the Iraqi dinar is part of it. Then let the country grow and rebuild yet even more, using the investment wealth generated from the currency reform.
So, this new era I believe includes a new thinking in different terms to get the Iraqi currency reforms completed too and not to delay. But remember, as we have been reading recently, there are banking reforms with Rafidain bank that still need work and the digital dinar currency for inter-banking transfers.
English (US) ·