June 23, 2009 – Oil Minister al-Shahristani questioning at Iraq Parliament
June 29-30, 2009 – bids from International Oil Companies to be revealed
July 25, 2009 – KRG Parliament Elections
Mid July, 2009 – U.N. Security Council Special Sessions meeting on Iraq
Mid August 2009 – Ratify Oil Contracts w/Iraqi Parliament
August 21st to September 19th 2009 – Ramadan
October 16-17, 2009, Getenergy for Iraq 2009, to be held in Istanbul, Turkey – New Post
October 2009 – International Compact with Iraq– Date to be Announced – Baghdad
December 7-9, 2009 Iraq Petroleum Conference London U.K.
December 31, 2009 – Development Fund for Iraq (DFI) expires
December 31, 2009 – Article Seven U.N. Charter expires
January 16, 2010 – Iraq Referendum Vote (SOFA Security Agreement)
January 16, 2010 – National Parliamentary Elections
Important Iraq Dates Update
A new date and conference has been added to the Important Iraq Dates. In October you have the Getenergy for Iraq 2009, which is hosted in Istanbul, Turkey. The Iraq Ministries of Oil, Higher Education, and Science and Technology will be host.
Iraq Chapter Seven Update
The information that is coming out in regards to Iraq Chapter Seven changes every week and there is new information being reported in a London Arab Newspaper Al-Hayat dated 23 June. They have not posted the story on Al-Hayat web site. Good luck viewing there web site.
Information from the position of the US Embassy has leaked out about there stand on the Chapter Seven. What is being proposed is a New United Nations Resolution be imposed and at the same time lifting the Chapter Seven from Iraq as long as Iraq pays the war reparations to Kuwait in future bilateral talks. A signed agreement between the two countries.
There will be a special session at the United Nations Security Council (UNSC) next month (July) for Iraq as you fully aware of this by looking at my Important Iraq Dates. At about the same time is when PM Maliki will be visiting the United States. Do you think this might be a coincidence?
Nothing as of yet is concrete or set in stone this is the current position of the US Embassy Baghdad in regards to Iraq and Chapter Seven which the U.S. fully supports Iraq being removed.
My guess is that Iraq will not be removed at the earliest until after the Special Session UNSC meeting next month.
If you go back and read the SOFA agreement in the articles it states Iraq is no threat to any of its Arab neighbors and just another reason Iraq will have the Chapter Seven lifted soon.
On another matter and still looking at getting more information on this. The Iraqi government is proposing a 70 Billion dollar plan to rebuild infrastructure in Iraq. The Iraqi government does not have the money so it is looking at lines of credit, direct investment, or by partnering with the private sector. The Iraqi government is also asking one more thing, and that is Companies don’t get paid for five years or maybe longer. Ouch!
Now thats a great way to get foreign Companies to invest in your country tell them your not going to get paid for five years or more.
The Iraqi government wants a list of all Iraqi’s that make more than 1.5 million dinar that hold a Ration Card.
Remember those stips on the IMF SBA loan I mentioned a few newsletters days ago, I am sure you all are paying attention. Well, the Iraqi government wants a list of all the names of Iraqi’s that make more then (salaries) 1.5 million dinar and those people that do will be dropped from the Ration Card distribution. This all a Trade Ministry operation and the acting Trade Minister is not playing. Maybe …Just maybe they will say something about currency! Maybe PM Maliki will talk about that when he comes to the US of A next month and talk about trop withdrawal, Politics and economics. I hear is going to some Investment Conference also.
The GOI is still needs to work on those other Stips for the SBA Loan like the State owned Enterprises, those former Iraqi employees there are still paying salaries too. Surely the GOI is not going to fire them and add more to the unemployment line or would they.
There will be more to follow…
Please keep the emails coming I read and enjoy every one of them even the hateful one’s.
The American Contractor blog just gives you a different view of things and is just his opinion and commentary.