Home
Expert confirms the possibility of restoring compensation Kuwait
BAGHDAD - Mohammed Al-Salhi
Said legal expert Tariq Harb possibility of restoring Iraq allocated to compensate Kuwait Financial deduction, while the Ministry of Finance intends to approach the US Federal Reserve to restore the amount of one billion and $ 90 million withheld from oil sales. A war of (time) yesterday that (request of the Ministry of Finance of the bank refund legal and proper conduct, especially after the approval of the United Nations to postpone Iraq batch of compensation to Kuwait) expecting that (the bank agrees to refund). The ministry statement said yesterday that he (met in Geneva on Thursday, the Council of the Compensation Committee of the United Nations to discuss Iraq's request to postpone payment of $ 4.6 billion during 2015 and begin to pay them after a year and that the enormous pressures on the budget in 2015 and the expenses of the war and confrontation growing against al Daash terrorist).
He added that the (Board of Directors decided unanimously and with the approval of Kuwait to postpone the payment of the amount of damages for the remaining period of the year, a 5 percent deduction from Iraqi oil sales), stressing that (Iraq is committed to pay the remaining amount of the damages to close this file once and for all).
The statement pointed out that (the government and the Foreign Ministry have carried out action on the Iraqi demand as the Ministry of Finance intensive contacts with all the parties and the Kuwaiti internationalism and with members of the Compensation Committee). He pointed out that he (scheduled to begin ministry Iraqi Central Bank approached the Fed to restore the amount of one billion and ninety million dollars has been paid to the Compensation Committee at the expense of fiscal year 2015).
[You must be registered and logged in to see this link.]
BAGHDAD - Mohammed Al-Salhi
Said legal expert Tariq Harb possibility of restoring Iraq allocated to compensate Kuwait Financial deduction, while the Ministry of Finance intends to approach the US Federal Reserve to restore the amount of one billion and $ 90 million withheld from oil sales. A war of (time) yesterday that (request of the Ministry of Finance of the bank refund legal and proper conduct, especially after the approval of the United Nations to postpone Iraq batch of compensation to Kuwait) expecting that (the bank agrees to refund). The ministry statement said yesterday that he (met in Geneva on Thursday, the Council of the Compensation Committee of the United Nations to discuss Iraq's request to postpone payment of $ 4.6 billion during 2015 and begin to pay them after a year and that the enormous pressures on the budget in 2015 and the expenses of the war and confrontation growing against al Daash terrorist).
He added that the (Board of Directors decided unanimously and with the approval of Kuwait to postpone the payment of the amount of damages for the remaining period of the year, a 5 percent deduction from Iraqi oil sales), stressing that (Iraq is committed to pay the remaining amount of the damages to close this file once and for all).
The statement pointed out that (the government and the Foreign Ministry have carried out action on the Iraqi demand as the Ministry of Finance intensive contacts with all the parties and the Kuwaiti internationalism and with members of the Compensation Committee). He pointed out that he (scheduled to begin ministry Iraqi Central Bank approached the Fed to restore the amount of one billion and ninety million dollars has been paid to the Compensation Committee at the expense of fiscal year 2015).
[You must be registered and logged in to see this link.]
