Al-Sudani to a congressional delegation: We look forward to developing our relationship with Washington in four areas
Prime Minister Mohammed Shia al-Sudani expressed his aspiration to develop and grow relations with the United States in various fields, particularly in the economic, energy, investment, and cultural sectors, on Saturday.
The video for this My FX Buddies Blog post is below here:
This came during his reception of US Senators Angus King and James Lankford, and their accompanying delegation, according to an Iraqi government statement received by Noon News Agency.
According to the statement, Al-Sudani stressed the importance of bilateral relations with the United States and expressed his aspiration to develop and grow them across various fields, particularly in the economy, energy, investment, and culture sectors, in light of the Strategic Framework Agreement. He also referred to the relationship with the international coalition within the framework of talks to transition to a new phase of security cooperation in the field of advisory and capacity-building for the Iraqi security forces.
The Prime Minister noted the clear stability in Iraq, which has been reflected in the economic and development situation, stressing that "the government has taken decisive steps in the oil and gas sector and achieved significant accomplishments that will enhance cooperation and investment with American companies in this field."
The statement also quoted the delegation members as saying that they "congratulated Al-Sudani on Iraq's success in holding the two Arab political and development summits, and the country's potential contribution to achieving regional stability in light of its growing role in this field. They also expressed their admiration for the remarkable progress in Iraq in terms of construction, reconstruction and development, and the government's success in various fields. They expressed their desire to strengthen cooperation between the two countries in all areas."
they have this dramatic video with this
Al-Sudani to a US delegation: We have taken decisive steps in the oil and gas sector.
Prime Minister Mohammed Shia al-Sudani affirmed on Saturday that the government has taken decisive steps in the oil and gas sector and achieved significant accomplishments that will enhance cooperation and investment with American companies.
Foreign Minister: Iraq is working to achieve self-sufficiency and energy independence.
Foreign Minister Fuad Hussein affirmed on Saturday that Iraq is working towards achieving energy self-sufficiency and independence, while expressing his regret that a number of Western countries continue to classify Iraq as a high-risk country.
This came during his meeting with US Senators Angus King, an independent from Maine, and James Lankford, a Republican from Oklahoma, according to a statement issued by the Ministry of Foreign Affairs.
The statement quoted Hussein as saying that Iraqi-American relations are strategic, extending from partnership in the war on terrorism to cooperation in reconstruction and enhancing stability in the region, as well as other vital areas, including energy and education.
He also noted Iraq's aspiration to expand the horizons of these relations and increase the presence of American companies to take advantage of promising investment opportunities and contribute to construction and development efforts.
In a related context, the minister affirmed that Iraq is working rapidly to achieve self-sufficiency and energy independence by investing in associated gas, enhancing electricity interconnection projects with neighboring countries, and exploring new gas fields. This will position it as a gas-producing country, in addition to being a major oil producer. In this context, he called on specialized American companies to invest in this strategic sector.
He also pointed out that Iraq is set to hold its sixth legislative elections in November of this year, reflecting the consolidation of the democratic experience among the population and contributing to achieving stability and reconstruction.
Hussein expressed his regret that a number of Western countries continue to classify Iraq as a high-risk country in travel advisories for their citizens, which negatively impacts foreign companies' entry opportunities and hinders the development of tourism and cultural exchange.
On the other hand, the two sides affirmed that the terrorist organization ISIS continues to pose a significant threat to countries in the region and the world alike, and emphasized the importance of unifying international efforts to eliminate it and prevent its return.
They also discussed developments in the ongoing negotiations between the United States and Iran, agreeing that dialogue is the best way to resolve outstanding issues, achieve stability, and avoid escalation and confrontation.
In conclusion, the two parties affirmed their support for a political process in Syria that ensures the establishment of a comprehensive democratic process that reflects the aspirations of the Syrian people and leads to the formation of an elected government that represents the various components of society and protects their rights.
Masrour Barzani invites the US Secretary of State to visit Erbil.
Kurdistan Regional Government Prime Minister Masrour Barzani announced on Friday evening that he had extended an official invitation to US Secretary of State Marco Rubio to visit Erbil.
This came in press statements following his meeting with Rubio in the US capital, where he affirmed that his meeting with the US Secretary of State was "successful," noting that he "extended an official invitation to him to visit the region."
"We discussed with Rubio the latest developments in the region," Barzani said.
This meeting comes as part of Masrour Barzani's official visit to Washington, which includes a series of meetings with US administration and congressional officials to strengthen bilateral relations and discuss regional issues of common interest.
Washington Forum: Kurdistan's Message to Iraq and the International Community
In a move with profound political and diplomatic implications, Kurdistan Regional Government Prime Minister Masrour Barzani's visit to the United States affirmed the region's position as an effective partner on security, energy, and regional stability issues.
The visit, which received official US attention, not only strengthened the region's presence on the international stage, but also carried clear messages to Baghdad about the need to treat Kurdistan as a constitutional partner, not a secondary party. Political affairs researcher Ali Bakh commented on Saturday (May 24, 2025) on the possibility that the Kurdistan Regional Government's prime minister's visit to the United States could contribute to Baghdad respecting Erbil and easing pressure on it.
Bach told Baghdad Today, "Barzani's visit is very important and comes at a sensitive time for the Kurdistan Region, in light of the escalating crises between Baghdad and Erbil and the pressure imposed on the region."
He added, "The Kurdistan Region can play an important role, strengthen its relations with the United States, and exploit the situation in the region, given the significant shift in US policy under President Trump."
Washington praises the settlement of contracts
Kurdistan Regional Government Prime Minister Masrour Barzani is visiting the United States and recently met with US Secretary of State Marco Rubio, who praised Barzani for resolving the contracts and reiterated his support for a strong Kurdistan Region.
"Secretary Rubio and Prime Minister Barzani discussed opportunities to further develop trade and investment between the United States and the Kurdistan Region of Iraq," State Department spokeswoman Tammy Bruce said in a statement about the meeting. "Secretary Rubio commended the Prime Minister for finalizing contracts with U.S. companies to expand natural gas production in the Kurdistan Region of Iraq, helping Iraq move toward energy independence."
Tammy Bruce added that Marco Rubio and Masrour Barzani "discussed their shared desire to protect the rights of religious and ethnic minorities in Iraq and Syria. Secretary Rubio reiterated the United States' strong and resilient support for the Kurdistan Region of Iraq, as a fundamental pillar of the U.S.-Iraq relationship."
Washington: Supporting Kurdistan is a strategic part of Trump's policy.
US Secretary of State Marco Rubio affirmed on Saturday his country's commitment to supporting the Kurdistan Region within the framework of federal Iraq, emphasizing that this support is an essential and strategic part of US policy in the region under the administration of President Donald Trump.
Rubio's remarks came during his meeting with Kurdistan Regional Government Prime Minister Masrour Barzani in Washington, D.C., as part of the latter's official visit to the United States, according to a statement issued by the regional government.
The US Secretary of State reiterated his country's readiness to support the Kurdistan Regional Government in various fields, commending the region's role in hosting refugees and displaced persons and protecting the rights of diverse ethnic and religious groups.
He also emphasized the importance of resuming Kurdistan Region oil exports via the Iraq-Turkey pipeline and expressed his interest in the ongoing reforms within the regional government, particularly in the areas of economic diversification and ensuring Kurdistan's constitutional and financial rights.
It's worth noting that Kurdistan Regional Government Prime Minister Masrour Barzani had extended an official invitation to US Secretary of State Marco Rubio to visit Erbil during their meeting in Washington, D.C., as part of an official visit aimed at strengthening bilateral relations and discussing regional developments.
Dagher: Money supply will decrease from 103 trillion dinars to 98 trillion by the end of 2024.
I know I know it says 2024 but this is a current article numbers translate weird so just go with it
Economist Mahmoud Dagher revealed that the currency issue in Iraq will decrease from 103 trillion dinars to 98 trillion by the end of 2024.
Dagher said in a televised statement followed by "Al-Eqtisad News", "At the end of 2024, we had 103 trillion dinars, but now it has decreased to 98 trillion." He pointed out that "the amount of money held by the public is estimated at 90 trillion, and the remaining 8 trillion is within the banking system. Over the past months, it has decreased for many reasons."
He stated that "one of the most prominent reasons is the issuance of bonds and the large volume of dollar supply," explaining that "the dollar is available as a result of the Ministry of Finance selling it to the Central Bank, which transfers the dollar through the foreign exchange sales window, leaving the dinar issued by the Central Bank to form these dollar volumes."
A government advisor reveals a "dangerous paradox" in the private banking sector.
Saleh explained in a press statement that this restructuring aims to better organize cash flow management and improve the efficiency of the state's financial liquidity, which will contribute to alleviating financial pressures on the public treasury. He pointed out that there is a clear division in the banking market, as private banks own more than 78% of capital, but contribute a limited percentage not exceeding 20% of financing and deposit operations.
Saleh stressed that the banking restructuring is a comprehensive process that includes modernizing the infrastructure of government banks, enhancing the efficiency of asset and liability management, and developing governance systems in line with international standards.
He added that these measures will increase the banking sector's ability to effectively contribute to the gross domestic product, expand the scope of financing and lending for development projects, which supports economic growth and reduces dependence on oil revenues.
He emphasized that the current financial and monetary challenges, particularly oil price fluctuations and liquidity pressures, require accelerating the implementation of reforms, including increasing bank capital and modernizing operating mechanisms, to enhance the stability of the banking sector and improve the management of public financial resources.
At the beginning of this year, the Iraqi government announced plans to restructure state-owned banks, most notably Rafidain and Rashid Banks, with the aim of transforming them into more modern and efficient financial institutions capable of meeting the needs of the growing Iraqi economy.
In its session held on January 13, 2025, it also decided to establish a completely new bank based on the latest digital banking technologies, aiming to provide integrated banking services to individuals and companies, both inside and outside Iraq.
This new bank has been named "Rafidain First Bank" and will start with an initial capital of 500 billion Iraqi dinars (approximately $381.8 million), with the goal of reaching a final capital of one trillion Iraqi dinars (approximately $763.7 million). The state's contribution to this capital will be 28%.
Economist: No budget schedules and investment projects are at risk of being halted
Al-Mashhadani confirmed to Al-Furat News Agency that government spending will be done according to the 1/12 rule of the 2024 budget.
Al-Mashhadani pointed out that the 2024 budget deficit is clear and ranges between 15 and 16 trillion dinars.
He explained that "total spending was 156 trillion dinars, while revenues ranged between 140 and 141 trillion dinars, which confirms the clear and known financial deficit."
The economic expert stressed that "the economic situation in general is linked to global oil prices."
Al-Mashhadani explained that "within normal rates, things are proceeding normally," but he warned that "the absence of budget schedules means no spending for investment and commodity aspects."
The economic report predicted that "projects that are currently being spent and implemented may stop, and spending will be limited to salaries only."
Regarding next year's budget, he also expected that "the budget deficit will be lower, given that spending will be restricted to the 1/12 system of what is spent in the 2024 budget."
.png)
Al-Dahlaki calls on Al-Sudani to do justice to the "white-haired" people.
The head of the Azm Alliance in Diyala, Raad Al-Dahlaki, called on Saturday (May 24, 2025) for urgent action to bring justice to thousands of families whose livelihoods and livelihoods are now suspended between state institutions.
"I call on Prime Minister Mohammed Shia al-Sudani to take urgent action to redress the plight of thousands of families whose livelihoods and livelihoods are now suspended between state institutions in a cycle of endless correspondence," al-Dahlaki said in a statement received by Baghdad Today.
He added, "It's time for him to make his mark and do justice to the white-haired old men and the sacrifices of the former Iraqi army, by releasing their dues for more than two and a half years, which have not been paid for more than 23 years to this day."
Al-Dahlaki continued, "In light of the difficult economic conditions the country is experiencing, the suffering of this noble segment of the population is exacerbated, as these power outages have directly impacted their daily lives and their families' ability to meet their basic needs."
He stressed that "their justice today is a relief from their hardship and a response to their resilience in the face of harsh conditions. This measure is the culmination of four years of reconstruction, reform, and building, and a vindication of the poor."
State of Law: Al-Maliki is ready to assume the presidency of the next government.
link see he hasn't gone anywhere
The State of Law Coalition announced its leader, Nouri al-Maliki, is ready to assume the premiership in the next government resulting from the parliamentary elections, if necessary. The coalition explained that al-Maliki's supporters are a silent elite, only emerging during election time.
"Maliki is the most important figure in Iraqi political life, and he is the most capable of resolving any political problem in the country," said coalition leader Zainab Arif al-Basri.
She explained that "Al-Maliki's audience is a silent elite that only comes out during election time," adding that "if it becomes necessary for Al-Maliki to be prime minister in the coming period, he is prepared to do so as he is the safety valve of the political process."
Parliamentary dissatisfaction with the delay in passing the budget
Independent MP Hussein Al-Sa'bari on Friday held the government, represented by the Ministry of Finance, responsible for not submitting the 2025 budget schedules despite the halfway mark. He asserted that this delay has negatively impacted the governorates' ability to receive their entitlements, particularly those below the poverty line .
Al-Saabari said in a press statement followed by (Al-Mada) that “the three-year budget that was approved for the years ( 2023-2024-2025 ) included a condition, which was to vote on the schedules, and these schedules were supposed to be submitted on December 30, 2024, but after about six months, the government did not send the budget schedules to the House of Representatives for a vote on them .”
He stressed that "this delay has caused many problems in the governorates awaiting their share and entitlements from the budget, especially those below the poverty line such as Diwaniyah, Muthanna and Babylon. The Ministry of Finance's lack of concern and seriousness in sending the schedules has also affected job grades and caused embarrassment in many of the country's financial matters ."
Al-Saabari pointed out that "the Finance Committee in the House of Representatives, as the body responsible for receiving budget schedules from the government, spoke out loudly, held meetings, sent letters to relevant parties, and made statements in the media, indicating that the ball is in the government's court, as the budget schedules were not sent to it in preparation for presenting them to the House of Representatives and voting on them ."
The MP considered that "if the government does not submit the budget tables to Parliament, this constitutes a clear constitutional violation, and the government and its prime minister bear full responsibility before the constitution and the people ."
It's worth noting that the Prime Minister's financial and economic advisor, Mazhar Mohammed Salih, attributed the delay in submitting the 2025 budget tables to the House of Representatives to "amendments related to the costs of extracting and transporting Kurdistan Region oil, which required restructuring the accounting methods ."
Parliamentary Oil Committee to Al-Jabal: There is nothing in the constitution that prevents the conclusion of the two agreements between Erbil and Washington.
The Iraqi Parliament's Oil and Gas Committee confirmed that there is nothing in the constitution that prevents the Kurdistan Regional Government from concluding agreements with American energy companies.
Last Monday, the Kurdistan Regional Government announced the signing of two new agreements with American oil companies HKN Energy and Western Zagros, valued at tens of billions of dollars. These agreements are expected to usher in a new era in the region's development. The Iraqi Oil Ministry, however, rejected the new energy agreements, describing them as "unconstitutional" and stating that such agreements must be concluded through the federal government.
Member of the Iraqi Parliament's Oil and Gas Committee, Sabah Subhi Haider, said in a statement on Saturday, May 24, 2025, regarding the recent visit of Kurdistan Regional Government Prime Minister Masrour Barzani to the United States and the agreements concluded for the Jebel platform, that "Masrour Barzani's visit did not only include the economic axis, but also included political and security aspects. If we address the economic axis, it includes the issue of natural gas, which represents a global issue now, and achieving self-sufficiency in energy and energy sources is one of the duties of the Kurdistan Regional Government."
Subhi added, "The prime minister of the regional government has a comprehensive strategic plan that includes, in one part, the economy and welfare. The new agreement is leading the Kurdistan Region toward prosperity. The reason is that we have several service projects that rely on gas for their implementation. If we compare the size of the underground gas wealth, we will notice the limited production currently compared to the size of the existing gas reserves."
He said, "There are between 100 and 200 trillion cubic feet of underground gas reserves, and the new agreement stipulates the investment (production) of 13 trillion cubic feet of it, which is a very limited percentage compared to the size of the reserve. Nevertheless, this step is a good one and will benefit all of Iraq and the region as well."
Subhi spoke about the Iraqi Ministry of Oil's position on the two agreements, referring to two different statements issued by the ministry. "The first statement was characterized by a harsh tone, indicating that the contracts concluded under Iraqi law are invalid and contradict the provisions of the constitution, without specifying the conflicting legal provisions," Subhi stressed. "These agreements are constitutionally valid and do not conflict with any law, especially since we do not have a specific oil and gas law. Article 112 of the constitution clearly states that the federal government manages the oil and gas extracted from existing fields in cooperation with the governments of the producing regions and governorates. As for other fields, they require an oil and gas law, meaning that it does not prevent the conclusion of any contract. The current contracts are not new and were previously agreed upon, and the two American companies in question have been operating in the Kurdistan Region for 10 or 15 years."
Regarding the second statement issued by the Iraqi Oil Ministry, Subhi explained that "it appeared to back down somewhat, as the Iraqi government, through the Ministry of Oil, expressed its willingness to deal directly with oil companies."
The parliamentarian emphasized that "the economic agreements concluded between Erbil and Washington are not illegal and should have been concluded long ago. It is unfair not to exploit our vast wealth," noting that "we have a golden opportunity now. President Trump's administration is characterized by decisiveness and is pursuing a new policy that differs from that of former President Biden. It is based on the economy in dealing with all issues, and Trump is pursuing a new policy that brings change to the region."
According to Subhi, "The timing of Masrour Barzani's visit to the United States was significant. It coincided with US President Donald Trump's visit to the Gulf region, which resulted in resolving many of the region's problems." He noted that "the Kurdistan Region is gradually reducing its dependence on oil, and this visit will move the Kurdistan Region into a new phase."
With the document: Approval to allocate residential land to families returning to Kirkuk, in accordance with Article 140 of the Constitution.
An official document issued by the General Secretariat of the Council of Ministers - the Committee for the Implementation of Article (140) of the Constitution showed the committee’s approval to allocate residential plots of land for the benefit of citizens returning to Kirkuk Governorate, who are included in the compensation procedures in accordance with the provisions of the aforementioned article.
The document, signed by committee chairman Hadi Farhan Al-Ameri, included a directive to Kirkuk Governorate to complete land allocation procedures for a number of citizens who have returned to their original areas and have been compensated according to the approved mechanism, with residential plots being granted to them within the governorate.
This measure comes within the framework of implementing the committee's decisions regarding those covered by return decisions and displaced persons within programs to address the effects of demographic change policies.
Indonesia launches economic stimulus package to boost consumption
link this was in Iraq's news
wow is this Indonesia?
Indonesia's Coordinating Ministry of Economic Affairs announced that the country intends to announce an economic stimulus package on June 5 to stimulate economic activity and boost consumer purchasing power.
This package comes with the hope of raising the economic growth rate to about 5% during this quarter.
Encouraging growth through increased consumption
. Indonesia's Chief Economic Minister, Airlangga Hartarto, stated in a statement that these programs are designed to encourage growth through increased consumption, adding that launching this package before the school holidays, which begin in late June, will provide impetus to boost purchasing power.
The weakest growth rate in more than three years
. Southeast Asia's largest economy grew by 4.87% in the first quarter of 2025 compared to the same period last year, its weakest growth rate in more than three years. The central bank lowered its growth forecast for 2025 to between 4.6% and 5.4% from a range of 4.7% and 5.5%.
Package size evaluation
A ministry spokesperson said the ministry is still assessing the size of the stimulus package, which aims to boost growth in the second and third quarters.
The incentives include a 50% discount on electricity bills for approximately 79.3 million households and the distribution of food aid to 18.3 million low-income households during June and July. The government also plans to provide cash transfers to low-income workers and a discount on industrial accident insurance for workers in labor-intensive industries.
To encourage tourism, the government announced discounts on airfare, train, and ferry tickets during the school holidays, which run until mid-July, and discounts on highway tolls for 110 million users during June and July, according to the ministry.
Negotiations have reached a dead end. Iranian newspapers: A military attack on Tehran is possible!
Following the conclusion of the fifth round of negotiations between Tehran and Washington, the enrichment issue dominated Iranian newspaper headlines on Saturday, May 24, along with other topics, such as rising prices and the impact of power outages on the cement industry.
The newspaper "Javan," close to the Revolutionary Guard, discussed the latest round of negotiations between Iran and the United States, writing: "Unlike previous rounds, the negotiations are proceeding slowly, and it is no longer possible to speak of optimism regarding their outcome, as was the case in the previous four rounds. It appears that they will continue into the sixth round as well."
The reformist newspaper Setareh Sobh concluded that the negotiations have reached a dead end, while the Iranian people and economy await an agreement. Otherwise, further sanctions will be imposed and a military attack on Tehran will be possible.
The Kayhan newspaper, affiliated with Iranian Supreme Leader Ali Khamenei, commented: “There is no longer any talk of dialogue, agreement, or good intentions. What remains is a mere display of negotiations, intended to dictate and exhaust.”
Former parliamentarian Ali Mohammad Namazi wrote an article in the reformist newspaper Arman Melli, stating: "America no longer wants to bear the cost of a direct or even proxy war. It wants an agreement, but unfortunately, no one is willing to back down, and here the equation turns into a cruel puzzle. The challenge is no longer purely technical; it is political and deeply linked to prestige."
The fundamentalist Agah newspaper quoted foreign policy expert Kiomars Yazdanpanah as saying, "It seems that reaching a preliminary agreement has become much more complicated than before and requires more time and initiative." He added, "It is natural that our country will not easily surrender to Washington's threatening rhetoric, and it should not."
All reformist newspapers also highlighted a message from former Iranian President Mohammad Khatami, who emphasized that negotiation does not mean surrender. He stipulated that Iran's ability to overcome its current problems must firstly be accepted by the government and submitted to its demands, and secondly, that the government possess the intellectual and practical capacity to plan and move toward change.
Meanwhile, the fundamentalist newspaper "Ibrar Eqtesadi" reported on the continuing economic repercussions of the Rajaee Port explosion. The burning of two thousand tons of tea caused a spike in the commodity's prices and its scarcity, leading to its sale in markets at astronomical prices.
The economic newspaper "Esknas" highlighted the repercussions of the electricity crisis, writing in this context: "When cement and steel factories are allowed to consume only 10 percent of their electricity quota, this simply means a halt in production, a shortage in local supply, and a sudden rise in prices. This chain begins with a simple power outage but ends in structural collapse."
The Eqtesad-e-Boya newspaper predicted a further increase in the prices of "sinkak" and "barbari" bread, or a reduction in the weight. Bread producers believe that opposing a price increase to keep pace with inflation is inconsistent with rising rents, expenses, and bakery revenues.
Now we can read more details in the following newspapers:
Jahan Sanat: The Economy in Hell
The reformist newspaper Jahan-e Sanat monitored the concerns of economic activists, especially employers and owners of industrial facilities, regarding the future of negotiations between Iran and the United States, and listed expert scenarios regarding the future of the negotiations. It wrote: “First: The two countries will adhere to their red lines, and then the negotiations will fail. In this case, relations between Iran and the United States will worsen, and the United States will continue to pressure them by continuing and strengthening sanctions, and may pressure China to stop purchasing Iranian oil. Beijing will not sacrifice hundreds of billions of dollars in trade with Washington and the European Union in exchange for cheap Iranian oil.
She continued: "The second scenario is that both sides show openness regarding their red lines and steer negotiations toward a path closer to peace. In this case, there is hope that the economy will move away from hell a little, although this will not happen quickly, but rather will require waiting for weeks. The third scenario is the continuation of the current situation, which does not seem likely to last long; citizens may not be able to tolerate this economic situation for much longer. Therefore, it is better to go with the second option."
Sazandegi: The Silent Suffering of Journalists
The reformist newspaper Sazandegi reported on the plight of Iranian journalists, writing: “Journalists in Iran are currently experiencing one of the most difficult periods of their lives, psychologically, financially, and socially. Their situation has reached a crisis point, with many suffering from depression, exhaustion, and frustration. Exhausting work pressures, coupled with limited income, censorship, restrictions, and the daily accumulation of depressing news, have pushed them to the brink of isolation.”
She added that many of these journalists either lost their jobs or were forced to abandon the profession of journalism and leave work in order to earn a living and maintain their mental health. Some of them are no longer able to work due to frustration and deep disgust with injustice, favoritism, pressures, and the collapse of the independent press space that was once their field of work. The previous media landscape has collapsed, and now some journalists have resorted to isolation.
The report recounted the stories of some journalists, emphasizing: “All these accounts confirm one fact: After years of pressure, job instability, and bleak news, Iranian journalists have reached a stage of emotional and psychological terror, with many confined to a single room at home, with memories of lost dreams and the bitterness of the injustice they witnessed but never spoke about.”
Iran: A warning bell for Iranian goods
The official newspaper "Iran" referred to a report by the Parliament's Research Center, which warned of Iran's continued decline in the global market share, reflecting the weak international competitiveness of Iranian goods and serving as a warning bell for the economic future. The report stated: "The roots of the country's foreign trade crisis are not limited to sanctions alone, but also include the unsustainability of exports, reliance on a limited number of goods and partners, and the absence of a predictable monetary policy. Consequently, Iran will continue to lag behind the accelerating global trade movement without structural reforms."
The report presented a set of solutions, including: "a radical change in the approach to trade policy, empowering the private sector, joining the World Trade Organization and regional agreements, redefining economic diplomacy, increasing the number of trade attachés, investing in logistics and transportation infrastructure, and stabilizing monetary policies. Mechanisms such as barter, digital currencies, and bilateral monetary agreements can also alleviate the problems of financial transactions under banking restrictions."
Report: A preliminary agreement has been proposed in the nuclear negotiations between Tehran and Washington, and the latter is considering postponing some sanctions.
While this issue remains a major point of contention, other topics were also discussed.
According to a senior US diplomatic official who spoke to the newspaper Israel Hayom , a preliminary agreement has been proposed, in which Iran would demonstrate its willingness to completely abandon any pursuit of nuclear weapons.
In this context, reports indicated that the US administration is considering postponing some sanctions imposed on the Islamic Republic, according to the Hebrew newspaper.
Iranian Foreign Minister Abbas Araqchi recently addressed this issue, saying, "Zero nuclear weapons equals an agreement. Zero enrichment equals no agreement. It's time to make a decision."
His statements, made before his visit to Rome, emphasized Iran's red line.
Prior to that, Iranian Supreme Leader Ali Khamenei dismissed calls to halt uranium enrichment as "nonsense ," warning that such negotiations were unlikely to yield results.
The US diplomat's remarks came on the heels of US Secretary of State Marco Rubio, who previously told the Senate that the United States, while open to allowing Iran to continue its civilian nuclear program, would not permit uranium enrichment for fear that this would ultimately enable Tehran to develop nuclear weapons. Rubio acknowledged that reaching such an agreement "will not be easy."
The fifth round of talks between the two countries concluded on Friday in the Italian capital, Rome, with the participation of Omani Foreign Minister Badr al-Busaidi, who is acting as mediator. Al-Busaidi said in a statement that "the two sides have made certain progress, but it is not decisive."
For his part, Iran's chief nuclear negotiator, Foreign Minister Abbas Araqchi, announced that Tehran and Washington are preparing for new rounds of negotiations in an attempt to resolve the remaining differences regarding the nuclear issue.
He expressed hope for positive results during "one or two upcoming meetings," describing the tour as "one of the most professional tours to date."
Amid renewed nuclear negotiations between Washington and Tehran, the United States reiterated its main demand during the latest round in Rome: a complete halt to Iranian uranium enrichment activities on its territory.
How to Buy TRC20 Tether in Iran Online – A Complete Guide
In recent years, cryptocurrency adoption in Iran has surged, largely due to increasing economic instability and the need for alternatives to traditional banking. Among all digital assets, Tether (USDT) stands out because of its stability and utility. Specifically, the TRC20 version of Tether is becoming the preferred choice for many Iranians due to its low fees and fast transaction times. If you’re wondering how to buy TRC20 Tether in Iran online, this guide will walk you through everything in a natural and informative way.
Understanding Why Tether Is Gaining Ground in Iran
The Iranian Rial has faced significant devaluation over time, pushing people to seek stable alternatives to preserve their wealth. Tether, being a stablecoin pegged to the US dollar, offers this financial stability. Unlike volatile cryptocurrencies like Bitcoin or Ethereum, the value of USDT remains consistently around one dollar. This makes it ideal not only for holding but also for making online payments and facilitating peer-to-peer transactions.
Among the different versions of USDT, such as ERC20 and BEP20, the TRC20 standard on the TRON blockchain has emerged as the top choice for Iranian users. Its appeal lies in near-instant transfers and negligible network fees—an essential factor in a country where cost-efficiency and speed are crucial.
Choosing a Local Platform That Supports TRC20
When you’re buying Tether online in Iran, choosing the right exchange is the first critical step. While there are many global platforms, most Iranian users prefer local exchanges that allow transactions in Iranian Rial (Toman). One of the most reputable and user-friendly platforms in this space is Ramzinex. This platform offers a localized experience, complete with Farsi language support and seamless integration with Iranian banking systems.
What makes Ramzinex stand out is that it specifically allows users to buy and sell Tether on the TRC20 network. For those looking to complete fast and affordable transactions within Iran, this feature is essential. The registration process is straightforward, and once your account is verified, you can easily trade USDT with local currency.
Account Verification and Security Procedures
Before you can start buying Tether, you’ll need to verify your identity through a standard KYC (Know Your Customer) process. This usually involves submitting your national ID, a selfie for verification, and possibly some proof of address. Although it may seem tedious, this process ensures security for all users and aligns with regulatory standards.
Platforms like Ramzinex make this process smooth and secure. After verification, users gain full access to trading options, wallet features, and customer support. It’s a small step that opens the door to a reliable and safer crypto trading experience in Iran.
Funding Your Account in Toman
Once your account is verified, the next step is to fund it using Toman. Most local platforms offer convenient deposit options via debit cards and Iran’s Shetab banking network. This means you can fund your account directly from your bank account without needing to convert currencies through a third party.
The deposit process is typically instant, and your funds are reflected in your exchange wallet quickly. With your account funded, you’re ready to make your first USDT purchase.
Buying TRC20 Tether Made Simple
Buying Tether on the TRC20 network is as simple as selecting the asset, choosing the TRC20 network, entering the amount you wish to buy, and confirming your order. You have the option to either use a market order—which purchases the asset at the current market price—or a limit order, which lets you set your own price.
After your purchase, the USDT will be stored in your exchange wallet. At this point, many users prefer to withdraw their funds to a personal crypto wallet for added security and control. Popular wallets like TronLink or Trust Wallet are great choices, as they fully support TRC20 tokens and offer excellent security features.
Key Benefits of Using TRC20 Tether in Iran
Transaction costs are among the lowest in the industry when using TRC20 USDT. The TRON network processes transfers with almost no fee, making it highly practical for frequent transactions or sending money across borders. Additionally, the speed of the TRON blockchain means that transfers are often completed in seconds. For users in Iran, where time-sensitive financial activities are common, this speed is incredibly useful.
Moreover, the broad support for TRC20 among Iranian platforms ensures that users face no compatibility issues. Whether you’re trading, saving, or transferring, TRC20 USDT is widely accepted and easy to use.
Real-World Applications of Tether in Iran
People in Iran use Tether for a variety of practical reasons. It’s often used as a safe place to store money during times of economic volatility. Since its value is tied to the US dollar, it protects against local currency depreciation.
Tether is also frequently used for international transactions. With limited access to global banking networks, USDT offers a way to send and receive funds abroad. Freelancers, importers, and even students studying overseas rely on it for financial interactions that were once impossible through traditional banks.
Some Iranian users also convert their Tether into other cryptocurrencies like Bitcoin or Ethereum, using it as a stable base asset for trading. This flexibility is one of the reasons USDT remains the backbone of many users’ crypto portfolios in Iran.
Is It Legal to Use Tether in Iran?
The legal status of cryptocurrency in Iran is nuanced. While crypto mining has been legalized and is regulated, the government has not provided clear guidelines on crypto trading for individual use. However, platforms like Ramzinex operate within a structured framework that includes identity verification and anti-money laundering protocols, offering some assurance to users.
Although crypto cannot officially be used for domestic purchases, holding and trading digital assets like Tether for investment or cross-border use is widely practiced and generally tolerated. To stay on the safe side, it’s best to use trusted platforms that comply with local regulations.
Why Ramzinex Is a Trusted Platform
There are many platforms where you can buy Tether in Iran, but few offer the simplicity and reliability of Ramzinex. As a platform tailored for Iranian users, it supports Toman payments, has user-friendly navigation, and supports multiple blockchain standards including TRC20. This makes it a versatile and secure choice for both beginners and seasoned crypto traders.
If you’re still learning how to buy TRC20 Tether in Iran online, Ramzinex offers step-by-step guidance, real-time market data, and responsive customer service to help you along the way. Its transparency and security measures give users confidence to transact in an otherwise uncertain economic landscape.
Tips for First-Time Crypto Buyers in Iran
Starting with crypto doesn’t have to be overwhelming. Begin with small amounts to test how the process works. Take time to understand how your wallet functions, especially when it comes to backup phrases and private keys. Always double-check that you’re selecting the correct network—TRC20—when transferring Tether. Mistakes like sending funds to an incompatible wallet can lead to irreversible losses.
It’s also a good idea to stay informed through crypto news channels and Farsi-language communities that regularly update users on regulations, scams, and new features.
Final Thoughts on Getting Started with TRC20 Tether
For Iranians looking to preserve the value of their money, engage in online business, or send funds internationally, Tether on the TRC20 network provides an excellent solution. The low fees, fast processing times, and local platform support make it an ideal digital currency in the current Iranian economic climate.
Learning how to buy TRC20 Tether in Iran online is not only achievable, but it’s becoming increasingly necessary as digital finance continues to expand. With platforms like Ramzinex making the process seamless and secure, there’s no better time to explore what USDT can offer.
Whether you’re saving, trading, or spending, USDT on TRC20 provides the flexibility, speed, and financial resilience that Iranian users need today.
Did you miss the last episode of My FX Buddies? Catch it below:
Al-Sudani launches the "Iraq First" strategy
.jpeg)
No comments:
Post a Comment