Egypt and Jordan agree to rebuild Syria and Iraq

[Gomig-21]

It's a joke ofcourse as these 2 countries are piss poor and they can barely keep themselves afloat, let alone rebuild Syria and Irak.

Speaking of jokes, it is pretty funny that the natural impulse is to think the rebuilding of either of those two devastated countries is a joke, or even funnier, the assumption that these tasks or funding the entire rebuilding would single-handedly come from Jordan and Egypt alone.

True

The rebuilding of Iraq will come through a process of Iraqi gov asking support from western/global powers, who then will also 'push' the GCC to give funds. Jordan and Egypt do not have that money.

Interesting, considering the US -- which incidentally happens to be THE responsible global power for the current condition of Iraq -- has already dished out $60 billion as of 2013 attempting to shore up Iraq's destroyed military, security apparatus, prisons and infrastructure rebuilding that has essentially been wasted through ineffective planning, distribution and Iraqi corruption. Those same global powers that caused the destruction of Iraq don't have the leverage you might think they do.

The other interesting thing is seeing this automatic knee-jerk reaction of assuming that a joint industrial agreement between Jordan and Egypt to initiate the rebuilding of these two devastated countries, instantly means they will be the ones paying what, at least $100 billion for Iraq alone? The figure is most likely quite higher than that, but why would anyone assume that would be the case? Not even the United States would give anything close to that and they haven't in 14 years.

Without even getting into Syria and the disaster that looms there, any effort to rebuild a sector (and particularly the industrial one) is a complex process that would be shared by an international coalition. Not only shared, but a primary portion of the funding would be sought and allocated through the recipient's own GDP. The wealth that Iraq exports would be the first source assessed for financing a venture like this. Then an outreach for financial contributions by other nations occurs. It would be a joint, international effort offered and possibly headed by the two aforementioned countries.

Also, the GCC wouldn't be "pushed" into giving funds, especially when the head of that same GCC has already invested billions upon billions of $ in those same western powers for other projects, in and outside of their territories. If any GCC member chooses to offer funding, it would be out of the their kindness and willingness to do it, not after being pushed to do so.

Egypt and Jordan took the initiative and other countries and companies will join in..it is obvious..

Doesn't seem so, bro.

 

[TheCamelGuy]

Speaking of jokes, it is pretty funny that the natural impulse is to think the rebuilding of either of those two devastated countries is a joke, or even funnier, the assumption that these tasks or funding the entire rebuilding would single-handedly come from Jordan and Egypt alone.



Interesting, considering the US -- which incidentally happens to be THE responsible global power for the current condition of Iraq -- has already dished out $60 billion as of 2013 attempting to shore up Iraq's destroyed military, security apparatus, prisons and infrastructure rebuilding that has essentially been wasted through ineffective planning, distribution and Iraqi corruption. Those same global powers that caused the destruction of Iraq don't have the leverage you might think they do.

The other interesting thing is seeing this automatic knee-jerk reaction of assuming that a joint industrial agreement between Jordan and Egypt to initiate the rebuilding of these two devastated countries, instantly means they will be the ones paying what, at least $100 billion for Iraq alone? The figure is most likely quite higher than that, but why would anyone assume that would be the case? Not even the United States would give anything close to that and they haven't in 14 years.

Without even getting into Syria and the disaster that looms there, any effort to rebuild a sector (and particularly the industrial one) is a complex process that would be shared by an international coalition. Not only shared, but a primary portion of the funding would be sought and allocated through the recipient's own GDP. The wealth that Iraq exports would be the first source assessed for financing a venture like this. Then an outreach for financial contributions by other nations occurs. It would be a joint, international effort offered and possibly headed by the two aforementioned countries.

Also, the GCC wouldn't be "pushed" into giving funds, especially when the head of that same GCC has already invested billions upon billions of $ in those same western powers for other projects, in and outside of their territories. If any GCC member chooses to offer funding, it would be out of the their kindness and willingness to do it, not after being pushed to do so.

That's what I meant, but didn't want to write a story so said it shorter.

It doesn't really matter though, with the level of corruption they have there $100 bil of reconstruction would go to shit either way. A ferrari is more important for them. The ministry of finance is invested by Kurds thanks to Hoshyar. I would like to see a coup. Syria is in a far worse state to think of reconstruction.

 

[The SC]

Doesn't seem so, bro.

"Cairo and Amman have agreed on joint industrial cooperation for the reconstruction of Syria and Iraq, which have been largely destroyed by the years-long war.

The agreement was announced by Egyptian Minister of Industry Tariq Qabeel in special remarks for "Day Seven" from Jordan during the work of the High Joint Committee between Egypt and Jordan."

It depends on how we interpret and understand the statement :"Cairo and Amman have agreed on joint industrial cooperation for the reconstruction of Syria and Iraq"

They can hire real estate investment funds to do it like Egypt did with the new Capital Cairo..

This is where the expertise and experience come from.. the Egyptian mega-projects:
So why is Egypt building a new capital city right next to Cairo?
http://www.citymetric.com/skylines/so-why-egypt-building-new-capital-city-right-next-cairo-855

 

[pin gu]

 

[Gomig-21]

That's what I meant, but didn't want to write a story so said it shorter.

Disagree, that was not what you said. You agreed with the other member that Egypt and Jordan were poor and presumptive of them absorbing the entire cost of rebuilding the 2 countries. I was explaining how it doesn't work that way and no one would take on a costly endeavor like that, not even the richest country in the world which was responsible for the debacle in Iraq.

Sorry if my post was long, but sometimes that's what it takes to properly articulate a complex subject.

It doesn't really matter though, with the level of corruption they have there $100 bil of reconstruction would go to shit either way. A ferrari is more important for them. The ministry of finance is invested by Kurds thanks to Hoshyar. I would like to see a coup. Syria is in a far worse state to think of reconstruction.

As far as what Jordan and Egypt are thinking, I'm not sure who would want a thankless task like that in the first place.

 

[TheCamelGuy]

As far as what Jordan and Egypt are thinking, I'm not sure who would want a thankless task like that in the first place.

Eh okay, so don't pay as if it makes a big difference. Iraq funded Jordan for a decade, Egyptians were making money in Iraq whilst the locals were sent to fight in the 80's. I think all we'd ask for is for Arabs not to dispatch their terrorists to us, no need for your money.

 

[Gomig-21]

Eh okay, so don't pay as if it makes a big difference. Iraq funded Jordan for a decade, Egyptians were making money in Iraq whilst the locals were sent to fight in the 80's. I think all we'd ask for is for Arabs not to dispatch their terrorists to us, no need for your money.

What "my money?" That's what I've been trying to say. And yes, Iraq was very brotherly and loyal and helpful to other Arab countries for decades. Who can forget what Iraq did for Egypt from the 50's on and especially in 1973. Even today, Egypt is importing Iraqi oil and benefits from Iraq like you said. This isn't about being richer than the other or who has more money etc. It's about starting a collaborative process to help fix a brotherly country that has been through hell.

I think sometimes these things are like double-edged swords, damned if you do, damned if you don't.

 

[TheCamelGuy]

What "my money?" That's what I've been trying to say. And yes, Iraq was very brotherly and loyal and helpful to other Arab countries for decades. Who can forget what Iraq did for Egypt from the 50's on and especially in 1973. Even today, Egypt is importing Iraqi oil and benefits from Iraq like you said. This isn't about being richer than the other or who has more money etc. It's about starting a collaborative process to help fix a brotherly country that has been through hell.

I think sometimes these things are like double-edged swords, damned if you do, damned if you don't.

i agree, nevermind it there's no prob, let's see them fund/reconstruct as they want to

 

[The SC]

i agree, nevermind it there's no prob, let's see them fund/reconstruct as they want to

The main objective is the reconstruction of Iraq and Syria.. one should take this Egyptian-Jordanian agreement in a positive way..Since international funds for the reconstruction will go through stable economies to thwart off any corruption that may still exist in both Iraq and Syria due to the bits of chaos that will follow the end of the conflicts there..In general, it is a very good move..

 

[Muhammed45]

Well i thought vise versa. Egypt and Jordan both need oil and gas for their future economic progress, what can they offer to two states that are already full of natural resources.

Yes the amount of destruction was high but they can manage it on their own especially Iraq.

And the irony, under Sissi and Abdullah 2 , two dictators and westernized guys. WTH?