New laws for Iraq Oil legislation will most likely be delayed till after the January National Polls In Iraq. There is no indication at all that the Voting itself will be delayed just over 2 months away. Therefore, the elections are on for Iraq and Iraqis will have a chance to define a leader who will most likely take the country into a Revaluation in the next political term starting in 2010.
“All the indications point to the fact there is no hope for putting the oil and gas law on the agenda during the time remaining for this parliament,” said Ali Hussain Balou, a Kurdish born hard hitting Iraq Government Critic.
“Due to the insurmountable conflicts between political blocs, passage of this law could be delayed until the next parliament,” Ali Hussain Balou rifled off.
Modernizing Iraq’s oil production and export systems is crucial to hitting record production goals and is absolutely achievable with this oil law in place. Without the oil law in place, feuding between Government leaders in Iraq creates a dangerous legal ‘grab and run’. The law once in place will allow enforcement of the law to help greatly reduce corruption in Iraq.
Every election Iraq has had so far with the new Dinar currency has been a strong success. 2010 Iraq elections will be a turning point for a new era on this journey towards massive profits.
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By Darren Chabluk for http://DrDinar.com/blog
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The stronger the government and the country of Iraq becomes then the more they will be able to RV for. Eventually a win/win situiation for all involved. Pray for the strength of iraq and not that the RV will make you wealthy, one will contribute to the other.
That’s true ! There is other variables to look at, such as a promise to
the IRAQI people to RV back in April 0f 2009, lifted sanctions, increased oil production.