Recently a five year agreement was signed between the two countries agreeing to cooperate with immigration, passports, combating terrorism and crime and the exchanging of information such as wanted people in both countries.
The agreement also called for border monitoring systems and exchanging information about organized crime. I am always curious why everything is a five year agreement. The International compact is a five year agreement and other agreements as well I just can’t think any more but I know there out there.
Syria knowing them will not fulfill the agreement and exchange information. I wonder if Sammarrai headed to Syria remember the corrupt US Citizen convicted felon on the run I just spoke about.
I wonder how long it will be for the Syrian government to obtain large contracts with Iraq.
December 2006Monthly Archives
Iraq and Syria sign agreements
Ministry of Electricity Escapes Green Zone
On Oct 12 I mentioned about one former Iraqi Ministry of Electricity named Ayham Al-Samarrai who had been convicted for corruption in an Iraqi Public Integrity Commission court headed by the lead Judge name Radhi Hamza Al-Radhi. The former Electric Ministry was sentenced to 2 years and he also had additional charges pending against him.
Sammarrai was being held at a Police Station located inside the green zone which Iraqi police officers supposedly were guarding him and along with a private security company. The private security company is supposedly American, we shall see if this is actually true but it wouldn’t surprise me.
Iraq Stock Exchange Electronic Trading Update
As I reported back in Sept the ISX electronic trading still scheduled to be up and running in June 2007. The OMX group and other sub-contractors are working and not as fast due to the deteriorating security conditions in Baghdad. It is hoped to be completed in the second quarter of 07. We sure need it in order for the foreign investors to participate in Iraq’s economy and gain confidence in the market. Then maybe all the Iraqi’s that have left the country will return and become productive citizens. I hope the violence and the killings stop soon.
With Iran it truly is about position
Iran is slowly and determined everyday to gain a strong foothold in Iraq and is succeeding to a point. With there recently signed energy oil and fuel contracts and having a proxy army (militia) that not only control southern Iraq but also a large part of the Iraqi government to include several cabinet ministries it is a wonder why Iraq hasn’t exploded. I believe 2007 will be far worst then 2006 it will be business as usual with PM Maliki and his soon to be newly appointed cabinet ministers next month. Nothing will change watch and see.
The Large corporations are just waiting for the new Oil investment law to be signed but as I have said before in earlier posts, as soon as he (PM Maliki) does then he won’t be needed anymore. Expect a quick departure and going possibly into retirement to a nice place in Dubai, or London something nice to live out a nice comfortable life.
Iraq News
The Iraqi reconciliation conference held Saturday, I am not sure if it was a success or not. The President Talabani said he wanted reconciliation to include former Bathists with the exception of those involved in criminal acts. Talabani also demanded parties to define there respective stances on Federalism, rule of law, denounce terrorism, sectarian cleansing.
The PM Maliki wants former Iraqi Sadam army soldiers to join back up to include former Iraqi Army officers. PM Maliki on the 17 Dec announced a cabinet reshuffle that will take place with in the next four weeks. Maliki stated that all parties within the government have welcomed it.