GE signs $400m Contract for 14 Electric Substations

The Iraqi Ministry of Electricity (MoE) has signed an agreement worth over $400 million with GE Power (NYSE: GE) to develop 14 electric substations on a turnkey basis and supply critical equipment such as transformers, circuit breakers and other outdoor equipment to rehabilitate existing substations and bring much-needed power to areas facing significant electricity shortages across the country.

The project represents a strategic milestone for GE to develop electric substations in Iraq, and will also see the Company support the MoE to secure funding through various financial institutions, including export credit agencies and commercial banks.

Mussab al-Mudaris, spokesperson of the Iraqi Ministry of Electricity said:

“The agreement represents a major milestone in our efforts to strengthen Iraq’s power transmission sector, through a comprehensive grid project across the nation. Our focus remains on providing our people with the most reliable and advanced technology to meet their daily needs, and to accomplish this we need strong partners in this journey of development and reconstruction. GE has the technology, global capabilities and local presence to ensure the successful and sustainable execution of the project.”

GE will develop the substations to connect power plants spread across the governorates of Ninawa, Salah Al Din, Al Anbar, Karbala, Baghdad, Qadisiyyah and Basra to the national grid. Several of the locations, in conflict-affected areas, are continuing to recover and are in immediate need of reliable power infrastructure.

GE Power has previously provided power generation equipment for some of the power plants that the substations will be connected to, including the three gigawatt Basmaya Power Plant. The current agreement includes 4 substations critical to distributing power from the facility, which is also being equipped with eight of GE’s 9FA gas turbines, four GE C7 steam turbines and GE’s leading digital industrial applications.

Abadi Promises War on Corruption

Iraqi Prime Minister Haider al-Abadi has warned “the corrupt ones against playing with fire” as he pledged to fight corruption in state institutions, saying “the coming war will be against the corrupt ones.

In his weekly press conference, Abadi stressed the need for “a comprehensive economic reform in both public and private sectors.

The corrupt ones tried to set fire to Iraq and distract it from the war on Daesh,” he said.  “I promise all Iraqi that we will triumph over corruption as we did with Daesh,” he added.

He also urged the young people in Iraq to cooperate with the authorities to uncover corruption.

(Source: GardaWorld)

Iraq Britain Business Council welcomes 3 New Members

By John Lee.

The Iraq Britain Business Council (IBBC) has welcomed three new members, bringing its membership to 59 companies.

Menzies Aviation: An independent, time-critical logistics specialist serving the airline industry to the highest standards. At more than 200 airport locations across 6 continents, Menzies offer landside and airside services tailored to customers’ needs; timed to their schedules; and delivered by teams with the knowledge, tools and passion to set standards rather than chase them.

XReach: A leading supplier of mobile communications and cyber security solutions to businesses, government, military and law enforcement agencies. It employs high-end system, network and coding development personnel sourced from specialist UK military and government cyber security backgrounds.

The University of Leicester: A leading university committed to international excellence, world-changing research and high quality, inspirational teaching. The University celebrates diversity amongst staff and students; widening participation in higher education and engaging with local, national and international communities.

(Source: IBBC)

Iraq Resumes Bid for Full WTO Membership

At an informal meeting of the Working Party on the Accession of Iraq held on 17 November 2017, WTO members welcomed Iraq’s stated determination to resume its WTO accession process after nine years of dormancy. The meeting further provided the opportunity for the government of Iraq and members to exchange views on next steps for that formal resumption in the near term.

Mr Adel Al-Masoodi, Director-General of the Foreign Economic Relations Department of the Ministry of Trade and Vice Chairman of the Iraqi National Committee on Accession to the WTO, said:

We are here with you at the headquarters of the World Trade Organization to assure you that Iraq is fully committed to the process of economic reform and to be part of the global economic system.

“We look forward to opening new horizons for co-operation with the WTO, all international organizations and the international community.

Ambassador Mouayed Saleh, Permanent Representative of Iraq in Geneva, also spoke on behalf of the Iraqi delegation. He said that Iraq is at the beginning of a long and complex WTO accession process “which will take years“, but he highlighted the firm and unequivocal will of the government and the people of Iraq to move forward and become an integral part of the international economic and trading system, following a very difficult time in Iraq’s recent history.

Indeed, Ambassador Saleh underlined that the main reason that Iraq’s formal accession process had fallen dormant had been the need for Iraq to focus on improving the security situation in the country in recent years.

The Iraqi delegation in Geneva included other high-level officials from the Ministry of Trade, the Council of Ministers, the State Commission for Customs, the Ministry of Planning, and the Central Bank of Iraq.

KRG PM Barzani holds Talks with Kurdistan Political Parties

Prime Minister Nechirvan Barzani continued consultations with Kurdistan political parties to support unity and solidarity.

Accompanied by Deputy Prime Minister Qubad Talabani and a number of KRG senior officials, they visited Suleimaniya and met with the leaderships of the Change (Gorran) Movement, Patriotic Union of Kurdistan (PUK), and the Kurdistan Democratic Socialist Party.

Prime Minister Barzani and the head of the Change Movement, Omer Said Ali, exchanged views regarding the current situation, political developments in the Kurdistan Region and Iraq, and relations between Erbil and Baghdad. They agreed to abide by the general principles and stressed the unity of rank among the political parties. The Change Movement submitted a number of proposals for which additional meetings will be held.

Prime Minister Barzani emphasized the KRG needs the full support of all parties until it overcomes the current crisis and a general election is held. He added that the KRG’s operational term has been extended by unanimous agreement of the Kurdistan Parliament.

At the PUK headquarters, Prime Minister Barzani and his accompanying delegation met with Ms. Hero Ibrahim Ahmed and a number of leadership members. Preparations for upcoming elections were discussed with emphasis on the importance of dialogue with Baghdad based on the Iraqi Constitution.

The delegation later visited the headquarters of Kurdistan Democratic Socialist Party and met with Mr. Muhammad Haji Mahmood and a number of his party’s leaders. Serious dialogue with Baghdad and importance of strengthening unity among all political parties in the Kurdistan Region were highlighted in the meeting. They also discussed international support for strong government in the Kurdistan Region.

(Source: KRG)

UN: Daesh “Down but Not Out” in Iraq

ISIL ‘down but not out’ in Iraq; UN envoy urges efforts to defeat group’s extremist ideology

The military victory against the Islamic State in Iraq and the Levant (ISIL/Da’esh) is only one component of a complex battle that addresses the root causes of extremist ideology, the United Nations envoy for Iraq said Wednesday.

“Da’esh remains able and determined to continue devastating random attacks against the Iraqi civilian population, against civilians globally,” Ján Kubiš, the Secretary-General’s Special Representative and Head of the UN Assistance Mission in Iraq (UNAMI), told the Security Council.

“Da’esh is down but not yet out even in Iraq,” he stressed, adding that “only by defeating its loathsome ‘takfiri’ ideology, choking off its external support, and addressing the causes that prompted so many Iraqis to join or tolerate Da’esh can this terrorist organization finally be eliminated.”

He noted that on 17 November, the Iraqi Security Forces (ISF) fully recaptured Rawa, the last remaining densely settled area under Da’esh control in Iraq. Since summer 2014, Da’esh has lost 95 per cent of the territory it once controlled in Iraq and Syria and more than 7.5 million people have been liberated from its grasp.

But “this victory has come at a very high cost,” said Mr. Kubiš, noting that thousands of fighters and civilians were killed or wounded, hundreds of thousands of children brainwashed, entire cities in ruins, and some six million people have been displaced.

Further, Da’esh has exterminated or enslaved thousands of Muslims, as well as minority communities, particularly women and girls, in action amounting to war crimes and crimes against humanity, perhaps even genocide.

Mr. Kubiš encouraged the global coalition against Da’esh to continue both military and non military efforts to help Iraq ensure the lasting and sustainable defeat of Da’esh.

TNT UPDATED, 22 NOV

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KTFA UPDATED, 22 NOV

KTFA:Frank26:  Article:  “Transportation: More than 3,000 displaced persons return from Syrian territory to Iraq”MONDAY CC SHARED ………………… They are Rushing The CITIZENS back to All Their Provence’s ………… FAST !!!    For A Speech ……………. IMO. Frank26:  Article:  “Hashemi: Abadi will announce the first list of large heads accused of corruption within a week””WITHIN A

DINAR GURUS UPDATE, 22 NOV

11-22-2017   Newshound Guru Walkingstick   IMO Everything hinges on this speech that is coming from Abadi.11-22-2017   Newshound Guru Aggiedad77  …from all the news today I am sensing an excitement in the air…something about Abadi and all the news surrounding him…you think he wants to talk…wants to convey his true and honest feelings to his people and the world…the BEST is coming…any

DINAR GURUS UPDATE, 22 NOV

11-22-2017   Newshound Guru Walkingstick   IMO Everything hinges on this speech that is coming from Abadi.11-22-2017   Newshound Guru Aggiedad77  …from all the news today I am sensing an excitement in the air…something about Abadi and all the news surrounding him…you think he wants to talk…wants to convey his true and honest feelings to his people and the world…the BEST is coming…any