The Minister of Oil confirms the agreement on the commitment of (OPEC) to the production rates and the quantities of the planned cuts

Baghdad The Deputy Prime Minister, Minister of Oil affirmed the commitment of the member states of OPEC to production rates and to the percentages and quantities of reduction decided until the end of 2023.

He said during his participation in the ministerial meeting of the member states of the Organization of Petroleum Exporting Countries “OPEC” via the electronic circuit, according to a statement by the Ministry of Oil: The meeting affirmed the keenness of the members of “OPEC” to work on stabilizing the oil markets and achieving the required balance, and Abdul Ghani indicated that the meeting program has included discussing and reviewing the developments of the oil market, in addition to discussing a number of axes on the agenda of the meeting and taking decisions in their regard.

On the ministerial meeting of “OPEC Plus”, the Minister of Oil said: The meeting will be held tomorrow, Sunday, via the electronic circuit, and includes a review of developments in the oil market and the challenges facing producers, and an emphasis on the decisions of “OPEC Plus” regarding reducing production to the prescribed quantities, to achieve more stability and balance in the market. oil.”

Source: National Iraqi News Agency

An economist: Imposing customs tariffs… a shield that protects emerging industries from foreign competition

Baghdad The political and economic expert, Jalil Al-Lami, affirmed that imposing customs tariffs is a shield that protects emerging industries from foreign competition.

He told the National Iraqi News Agency (NINA) that customs duties or customs tariff are taxes imposed on goods imported by the state from other countries. The customs tariff is used to protect local industries from foreign competition, to increase government revenues, and to provide protection by raising the prices of imported goods.

Al-Lami added: Industrial establishments, commercial markets, and workers in those establishments face difficulty in facing foreign competition in some cases. This is when foreign facilities and workers are more efficient than local production. The groups affected by the dumping of goods try to strengthen or raise the customs tariff to increase corporate profits or to maintain them and high wages for workers.

He explained: The protective customs tariff can be a shield that protects these emerging industries from foreign competition so that establishments and their workers become more productive.

Al-Lami continued: If the state, within its commercial relations, resorts to setting commercial and import policies in which it completes the needs, especially of goods, materials, equipment, and means needed by development and the movement of production in a way that protects local production and achieves economic goals in line with the protection of local facilities and markets.

Source: National Iraqi News Agency

The United Nations High Representative for the Alliance of Civilizations arrives in Baghdad

Baghdad The United Nations High Representative for the Alliance of Civilizations, Miguel Angel Moratinos, arrived in Baghdad to participate in the Forum of Ancient Civilizations.

“The Representative of the Secretary-General of the United Nations, the United Nations High Representative for the Alliance of Civilizations, Miguel Angel Moratinos, and his accompanying delegation arrived in Baghdad, to participate in the Forum of Ancient Civilizations, in its sixth edition,” said Forum Spokesman Ahmed Al-Sahhaf, in a statement.

The work of the sixth edition of the “Forum of Ancient Civilizations” will begin tomorrow, Sunday,in the capital, Baghdad, under the auspices of the Ministry of Foreign Affairs and in the presence of Arab and foreign representatives of international, UN and diplomatic missions.

The forum will be held with the participation of Iraq – as president and a host, Greece, China, Egypt, Iran, Mexico, Italy, Bolivia, Peru and Armenia.

Source: National Iraqi News Agency

Al-Sudani visits the crime scene of the martyrs of the Camp Speicher base and reads Surat Al-Fatihah

Baghdad Prime Minister Muhammad al-Sudani visited today, Saturday, the site of the martyrdom of the victims of the crime at the Speicher Air Base, near the palaces of the tomb of the tyrant, in the city of Tikrit.

He stood to recite Surat Al-Fatihah, praying to God Almighty to enter the righteous martyrs and victims of terrorism to His mercy.

Al-Sudani affirmed, “Speicher crime will remain a stain on the forehead of those who committed it, and that the security and judicial services continue to pursue the remaining convicted criminals, inside and outside Iraq, to receive their just punishment.”

Source: National Iraqi News Agency

On the occasion of their International Day.. Al-Hakim renews his supportive position for people with disabilities

Baghdad Head of the National Wisdom Movement, Ammar al-Hakim, renewed his position in support of people with disabilities.

Al-Hakim said in a statement on the occasion of the International Day of Persons with Disabilities: “We renew our position in support of this large segment, and we call for its support and spread the culture of dealing with persons with disabilities, especially with the high percentage of them in Iraq due to wars and the effects of terrorism.”

On this occasion, he called on the legislative and executive authorities to pass laws and procedures and develop special policies to deal with this segment and to allocate sufficient budgets for them to develop their capabilities, empower them and solve their problems.

Al-Hakim stated: “We have held many conferences and events for people with disabilities, and we have followed up their affairs with the government and the House of Representatives. We have achieved part of the aspirations of this honorable segment, and we will continue the effort to achieve all of its aspirations.”

Source: National Iraqi News Agency