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- The sinking of the Iranian currency and the fragility of tourism in Iraq


By: Bian2
Date: Saturday 17/11/2012 08:52 am




Baghdad / WAP / report Ali Qassem: represent shrines, and religious shrines of the prophets, and imams, and the righteous that are spread across Iraq, and in different regions from a major source of religious tourism in the country, and also to hide the everyone under economic development accelerated in today's world, highlights This file does not accept the postponement in the interest in him; because of its positive economic returns to the country.
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Promises to began the visitors Iranians had occupied the first rank in the religious tourism compared to other countries that mean Iraq; to visit the holy sites, but that what happened finally fell, and the deterioration or collapse witnessed currency Iranian clouded reality of tourism in the country in general, and religious in particular .

The news agency Baghdad International / WAP / polled, and investigated the opinions of specialists, and citizens, and decision-makers about the effects of this on the economy of the country was the answers varied in content, to enrich this important topic of the country.


Currency smuggling and increase demand

Between economic expert Hatem Alboati told Baghdad International / WAP / repercussions currency fell Iranian economic reality of Iraq by saying "all countries neighboring Iran is not only if gets her economic collapse for the currency, such as Turkey, Syria, Jordan, and Kuwait, and we are talking today about Iran; it have been in the last period to impose new economic sanctions, which in turn affects direct Influence on the economic situation in Iraq. "

"And as a result of the collapse of the currency in Iran that would lead to activity informal business processes, or economic sense accepted currency smuggling." He noted "there will be a great demand for hard currency in Iraq, which have a major impact on the Iraqi economy, which will activate the smuggling of hard currency, and increasing demand for the-country Ataralamugod, which gets exported by Iraq as a result of the oil."

"It will not be in front of this growing demand for currency currency only Iranian or Iraqi currency." And revealed "that such a situation will help the emergence and increasing fraud in the currency, hard currency prices will rise in Iraq as a result of the increase request is the negative economic impact of direction on the economic situation in the country." And actions to be taken to protect the Iraqi currency, and foreign currency inside Iraq answered Alboati saying "must Activity censors economic, and border control by focusing on the ports official of the country; so that we can maintain our currency from such economic fallout serious."


Economic sanctions and the specter of unemployment

Near the golden dome of the shrine of Imam Ali (AS) in the holy city of Najaf, one of the holiest places that attract buses Iranian visitors, who make up the foundation of the tourism trade in Iraq is the gift shop, which contains carpets, rings, and soils, and beads .. And other than accustomed visitors acquired when Alruah of the visit to their homes or their countries which is owned by Mohammed Abdul Ridha, which Ojabna saying "before not long, you not buy what worth a thousand dollars a day of jewelry, and beads, and trinkets, but today Vioagd little Iranians passing near the shop, and even those they are very keen on what carrying money.

where we no longer earn a tenth of what we gain from before. adds, "The Iranians today haggling about prices unlike the last period, because of international sanctions imposed on their country has harmed باقتصادهم a lot and we began this is reflected. "

For his part, between Mustafa Ali shop owner Huda Banking "The collapse of acute harm Iranian citizens, where they now have to pay more money for imported goods, but also cause damage to the tourism sector fragile in Iraq, causing harm to small traders, and forced companies to lay number of its workers. "The Few Iranians can visit holy sites in Iraq since every dollar or every Iraqi dinars equivalent now three times what it was last year, which led to increased prices tours organized dramatically, making the Iraqi traders do not accept payment currency Iranian.



Volatile currency and dangerous deal

Campaign says Naji Murtaza Dar Iranian who commands a group of Iranian pilgrims heading to the shrine of Imam Musa al-Kazim (AS) "Prices are high because of currency problems that we experience." "As some of the Iraqi currency tellers starting refuse to accept paper currency Iranian saying they do not use volatile currency."

Transportation company visitors Iranian government town to the Iraqis, including nearly $ 75 million in the form of lists request unpaid since last year, according to Mahmoud Abdul-Jabbar al-Zubaidi, head of tourism at the Ministry of Tourism and Antiquities of Iraq, prompting the largest travel agencies and many hotels in Iraq not to Iranian visitors Unless a solution is found to the dispute over payments.

On the other hand, said Director of Paradise Hotel Paradise in the city of Kadhimiya, faith messenger of grace "that it had ceased receiving visitors Iranians in her hotel two months ago, after the debts tourist groups 50 thousand dollars. Showed" Today we focus on attracting visitors from Arab countries such as Bahrain , and Saudi Arabia instead of Iran, although the Iranian visitors make up about 95 percent of the tourism trade in Iraq. Director paradise She added, "We have shrunk our business; because the Iranians make up the bulk of them."

On the other hand, said the President of one of the travel agencies major in Najaf who preferred anonymity, "that the Iranians owe him an amount of five million dollars, so no longer receives visitors from the Islamic Republic.

" It said he expects demobilization half workers from working end of this month due to loss of customers Iranians .

On the reason for the insistence of some hoteliers to deal in dollars instead of Iranian Rial answered payment in dollars and not Iranian Riyal "for all traders in Iraq, dealing a volatile currency such as the Iranian Rial at the moment is tantamount to suicide.

" For their part, officials refused the Organization of the Iranian Hajj and visit - which organizes trips to religious sites abroad - to comment on the subject. However, Iranian media quoted officials as saying that the cost of travel to Iraq has doubled, with acknowledgment came after days of losing Iranian currency to fifty percent of the value of the beginning of last October.


Repercussions of the collapse ..

Before the collapse of the rial was traveling to Iraq every day, about four thousand visitors by Iranian officials from both countries. For its part, did not record the Iraqi Ministry of Tourism no shrinking the number of visitors, but business owners and officials at the centers of the visit contradict, where they say that the number of Iranian visitors has dropped to 2,500 visitors a day.

A hoteliers say that he could barely hold 10 percent of the hotel rooms these days and he began to demobilize some of his workers. Many hotel staff sit standardized uniforms in the lounge and are in a state of boredom waiting to visit someone. Says the owner of the hotel, "it is bad, and the private sector needs the support of the government, but we are here in Iraq crippled."

Muhammad Hir president of hotels and restaurants in Karbala pointed out, "The hotel owners in the city of Karbala suffering from the same thing, where they say that some business owners have boycotted Iranian totals visits; until you resolve the issue of payments." "As that some institutions may close its doors if the crisis continues.

In the same context says Tariq Alkhajani member provincial council in Karbala "The situation is the cause of harm to the city's economy and the rising rate of unemployment, as most hotels and restaurants empty."

The Assembly's Economic Committee Karbala are also stressed "that the religious tourism sector clearly damaged; as a result of declining purchasing power of the Iranian rials, which led to a clear decline in the number of Iranian pilgrims during the recent period."


Stagnant market and tourism and crisp reality


Amir al-Asadi, a shopkeeper for textiles and souvenirs near the tomb of Abu Fadl Abbas (as) said, "I sell now mostly Iraqis, but some visitors from other countries, and in my opinion, the business declined by 90% since the collapse of the Iranian Rial." He adds that "the market is stagnant at the present time." He continued by saying and Alaptsama take it from his face area was not bad, "one Iranian pilgrims was inspecting a necklace with his hands, and when I told him what it was worth raising eyebrows surprised, then put the necklace in place, and hurried out of the store."

Taxi driver Abbas Rahim (Bachelor of Arts) initiated by saying "it was clear impact of the value of the currency's decline Iranian Iranian pilgrims, the severity of their dealings, and they detect the value of brick or intercepted." "This in turn Otralina We taxi owners may prefer visiting Iranian and other means to navigate within the holy cities, or to transport his goods." With "But the pictures are not yet melancholy; because visitors Iranians still exist, and flock to the holy cities, with the emergence of their eagerness to what remains of the money in their pockets, and how good to be paid."

And confirms Omirsalman one employee of government banks and Observers of Economic Affairs in Najaf "that the decline in the value of the Iranian currency impact negatively on the Iraqi market, the tourism sector in Iraq significantly."


Conflict in the critical phase

In this context, he said, "Kawthar Al Ali fried" in Iranian affairs expert, said: "the western Iranian conflict entered a crucial stage and what we are seeing now is of a crippling blockade and the deterioration of the currency in Iran reminds us of what happened to Japan during World War II."

And Al Ali predicted that "Iran will in turn distribute rations to avoid street protests expected in Iran as well as the smuggling of essential items through neighboring countries." Adding that "a lot of Iranian merchants, and because of the rise in foreign currency were unable to fulfill their financial promises to have closed their shops."

The number of Iranian sites and blogs Iran to angry reactions of Iranian citizens as seemed manifestations of shock and resentment clear majority expressed in that opinion.

Wrote one Iranian students on his blog in which he describes the impact of economic sanctions, Iranian currency and falling simple words, saying "in the last month spent 700 thousand rials, while this month spent two million riyals although I did not change that which I have been shopping him what's going on?".



Iran's currency and its impact on the size of religious tourism in Iraq.

For his part, rule out the Chairman of the Commission of Tourism and Antiquities MP for the Kurdistan Islamic Union friend Pkrahmh, influenced by the low price exchange Iranian Altoman against international currencies on the movement of religious tourism in Iraq, because the Iranian visitors to have a strong religious commitment Aghebrھm to visit religious shrines in Iraq.

Iranian witness Altoman decline Hdidabsaara either hard currency as a result of the economic blockade imposed by the United Nations on Tehran, which made some fear of its effect on religious tourism in Iraq that most of the visitors Iranian ھm.

"The religious tourism in Iraq will not back down because Tdھor Iranian currency against international currencies difficult during the current period because of Iranian pilgrims have strong religious Altazamakaúda them defy everything to come to visit Shiite shrines in Iraq.

He noted that "the report of the province of Karbala low level of Iranian pilgrims coming to the province due to other reasons not related to the Iranian currency, which Mnhaaml companies Iran, and Iraq and possibly the security side."


Expectations of the continuing decline in Iran's oil exports

Iran's oil exports continue to decline because of Western sanctions, which increases the country's financial troubles.

Exports reached Iran to its lowest level in more than two decades.
The estimated International Atomic Energy Agency, in its report issued on Friday, Iran's exports dropped by 220 thousand barrels per day, out of 36.2 million barrels per day in September, down more than other estimates, Iran's exports last month.

And pay down Iran's exports of oil prices to rise, while hurt financial revenue Tehran, and adds to the suffering of the Iranians, which prevents them from basic imports, reinforcing pressure on the government over its nuclear program.

Petroleum sources have predicted that Iran's exports shrink to their lowest levels in August and September before the rebound, because customers to come up with ways to step into the difficulties in obtaining insurance, such as the use of Iranian Tanker, but the International Atomic Energy Agency did not confirm this.

The agency says that "while many expected to ease the grip of sanctions in September, because Tehran and some customers tried to search for ways to overcome the obstacle guarantees, it seems, in fact that increased tougher sanctions."

The European Union decided to ban the import of Iranian crude beginning of July, also stopped other countries and import from Iran, in response to the tightening of U.S. sanctions.



U.S. State: Only the Iranian government can change the course of the decline in currency
Ibex Meanwhile U.S. State Department said that the Iranian government alone can change the course of the significant decline in the local currency after the Iranian rial record Monday its lowest level against the dollar.

Iranian rial fell by up to 17 percent by the end of Monday Taamlan.

She explained, U.S. State Department spokeswoman Victoria Nuland said that "any reduction in the value of the currency will always affect people who used (this) currency."

"The issue here is the options that carried out by the Iranian government and this is the case.

Iranian government should make different choices about its nuclear program if it wants to engage in dialogue with us about a gradual process, including the private side penalties."



To avoid European sanctions, Delhi decided to secure their vessels transporting Iranian oil
India joined Japan in providing insurance cover for ships carrying Iranian crude, in order to avoid the sanctions imposed by the European Union on the insurance companies that provide this cover for tankers carrying Iranian crudes.

This step is a quantum leap for the Indian government, which was torn on how to continue imports of Iranian oil after the European Union imposed its sanctions last.

It is scheduled to dock first tanker carrying 85 tons of Iranian crude in the Indian ports in one twenty-fifth of this month.

Said Kaushik Koshroo, director of Mercator for shipping Indian owner of oil tankers, "this shipment back to the Government of India, and therefore the importance is twofold. We did not believe this vessel for commercial purposes only. India desperately needs to crude oil, and can not change their sources stroke of a pen. "

The new insurance company of India's state-owned insurance carrier hundred million dollars, a sum of ten insurance cover which was the same company get from European insurance companies.

The EU decision came into force on the first of July, which is part of the efforts led by the United States, which aims to tighten sanctions on Iran to force it to abandon its nuclear program.

Says the International Energy Agency that imports of the consuming countries Iranian crudes dropped to one million barrels a day in July from 1.74 a barrel in the previous month.

Did not like the conditions, the state insurance company for other Indian companies owning carriers except Mercator, and therefore abstained from the transfer of Iranian crudes.

China and India, Japan and South Korea are the most important markets for Iranian crudes, and President Obama's administration has excluded these four countries of U.S. sanctions after it has reduced the quantities of Iranian oil imports.



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