Asian Investment Bank

Author: Yasser incumbent

7/8/2015 0:00

China has not only led by the world economic growth rate continued because the state and its quest to be the most prominent Great but I went to come Bjdidha adopt the establishment of the Asian investment bank to parallels in the activity of the International Monetary Fund and the World Bank and to become a strong competitor to US domination of the world's economies through it.

China and play an important and strong role in the world to create the sovereign balance on economic activity and thus will create serious competition contribute to make further concessions toward widening the benefits and gains that accrue to countries that deal with the IMF and the World Bank and ADB investment in the sense determine the monopoly of economic decisions in times of crisis and economic variables .

So come calls for Iraq to join the Asian investment bank to its proximity to the reality of the economies of Asian countries and the reality of their people, eight of Iraq's need to direct many investments such as you might find in this new bank who is looking for investments and competition on soft terms and encouraging.

The most prominent encourages and invites to join is that the investment bank aimed at infrastructure, this is lacking in the country for many reasons in the forefront of the lack of attention to such strategic projects or weakness in the implementation of a number of them, which I tried some quarters fought in addition to the demise and digging in existing projects.

But going into this area need to be focused study of the importance of joining or not and this requires familiarity with visions of experts and specialists in this field, for objective considerations in Iraq has put the current is unlikely to enter into areas dominated by international conflicts related to the acquisition of international economic decisions, especially since there are indications of This type Although the competition for playing such a role is featured.

 The presentation Aq has obligations as other countries that deal with the two institutions Wars Monetary Fund and the World Bank, so it requires caution when the lineup to compete with institutions, but that does not prevent from looking at the issue from the perspective the other relating to the supreme interests of the country when taking such a step, so I wanted to focus on is this kind of case.

We find it necessary to organize a round table organized by the Central Bank in cooperation with the Iraqi private banks association to discuss the benefits and risks of foot to join or even before thinking about doing with the participation of economists, academics and well versed in monetary and banking policy and the need to listen to the vision of external relations in this regard to the questionnaire weights accept Aorvd join the Bank Asian investment.


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