Tag Archives | Romania

Iraq to sign Double Taxation Agreements

By John Lee. The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet authorised the Ministry of Finance to negotiate and initialize a draft agreement for the avoidance of double taxation and the prevention of tax evasion on income and capital, between Iraq and Jordan, […]

UNDP Welcomes Romania as FFS's 30th Funding Partner

The United Nations Development Programme (UNDP) in Iraq welcomes a EUR 50,000 (US$ 56,609) contribution from the Government of Romania to UNDP's Funding Facility for Stabilization (FFS), which implements fast-track initiatives to stabilize areas liberated from the Islamic State of Iraq and the Levant (ISIL). Romania's first contribution makes it the 30th partner to fund […]

UN Meets Donors to Discuss Development Strategy for Iraq

A high-level meeting between the United Nations and international donors took place in Baghdad to discuss the United Nations' updated development strategy for Iraq. The meeting focused on the 2020-2024 United Nations Sustainable Development Cooperation Framework (UNSDCF), which was signed by the Government of Iraq in September. The UN was represented by the Deputy Special […]

Euro Ambassadors Condemn State Violence in Iraq

The Ambassadors of Canada, Croatia, Czech Republic, Finland, France, Germany, Hungary, Italy, the Netherlands, Norway, Poland, Romania, Spain, Sweden, the United Kingdom and the United States condemn the excessive and lethal use of force by Iraqi security forces and armed groups since 24 January against peaceful protestors, including in Baghdad, Nasiriya and Basra. Despite assurances […]

Former Iraqi Subcontractor Guilty in Kickbacks Conspiracy

A federal jury convicted a Romanian citizen for his role in a government contract kickback scheme that caused a loss of more than $3.4 million to the U.S. Department of State. According to court records and evidence presented at trial, Emil Popsecu, 49, conspired to violate the Anti-Kickback Act related to the lease of real […]

Romanian Companies may Dredge Tigris and Euphrates

By John Lee. The Minister of Water Resources, Dr.Hassan Janabi, has met with the Romanian Ambassador in Baghdad, Mr. Lacop Prada and the Economic Officer of the Embassy. During the meeting, they discussed cooperation in the area of irrigation, and the possible contribution of Romanian companies in dredging the Tigris and Euphrates rivers and preparing […]

New Oil Bidding Round Postponed to Mid-2017

By John Lee. The Ministry of Oil is to postpone a bidding round for 12 small- and medium-sized oil fields, following criticism of the plans by experts including IBN Expert Blogger Ahmed Mousa Jiyad. In a statement, the Ministry's Petroleum Contracts and Licensing Directorate (PCLD) said: "Following to the previous Ministry of Oil Announcement dated […]

New Oil Development Opportunities in Iraq

By John Lee. Iraq's Ministry of Oil has requested proposals from international oil companies interestsed in developing a number of small- and medium-sized oil fields. The fields concerned are: Sindebad (Basra governorate); Umm Qasr [Um Qaser] (Basra governorate); Rachi (Basra governorate); Abu Khema (Basra governorate); Kumait (Missan governorate); Noor (Missan governorate); Umara (Missan governorate); Dema […]

Syscom 18 "Impacted by Iraq Woes"

By John Lee. Syscom 18, the Romanian-based system integrator for the oil and gas sector, is reported to be "grappling with" the effects of the ongoing conflict in Iraq. General Manager Ion Andronache told Business Review that projects worth “several millions of euros annually” are at risk and could have a negative impact on its turnover. […]

Romanian Ambassador meets with KRG

The Romanian Ambassador to Iraq, Mr Jacob Prada, met with Minister Falah Mustafa today to discuss ways to further develop ties with the Kurdistan Region of Iraq. The meeting took place a day after the Romanian Consular Office hosted their first National Day celebration in Erbil. Also present in the meeting was the Assistant Head […]

New Head of Romania Consular Office in Erbil

The Head of the Department of Foreign Relations, Minister Falah Mustafa, this week welcomed Mihaita Ena, the new Head of Romania’s Consular Office in Erbil and expressed his hope of seeing more interaction between their two countries. Minister Mustafa congratulated Mr Ena on his appointment and assured him of the Department’s readiness to work closely […]