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European Bank in the process of granting Iraq half a billion dollars soft loans
18.5.2015
{Basra: Euphrates News} Search governor of Basra Majed Nasraoui adviser with the political section of the EU in Iraq Konsa Stninos Vardekis prospects of joint cooperation and the mechanism of implementation of the development program in the province, while stressing that the European Bank Vardquis going to give Iraq a half-billion soft loans.
Said Nasraoui told a news conference held at the Office of the province attended by the correspondent agency {Euphrates News} Today, that "Basra province is a result of looting funds Balehiv, and has about 14 trillion dinars owed by the central government, according to documented by books and official correspondence."
He added "We discussed during the meeting with Political Section adviser in the European Union transport experience of the EU to Iraq and take advantage of them, and work on the granting of soft loans for investment guarantees from the Minister of Finance, and open doors to work on credit and give the opportunity for European investors to work in Basra, in addition to the work of twinning with the cities of the European Union and to send Iraqi students to study in the Union. "
For his part, the political section of adviser in the European Union Konsa Stninos Vardekis said during the conference that "this visit is the first of its kind to Basra, adding that the development in the Basra programs are the most important projects of the European Union which focuses on the local program for the people of the province." .
He pointed out that "these projects within the development and the development programs of the United Nations and funded by the European Union, noting that Iraq at the beginning of his way for the application of democratic systems, which requires the training of administrative cadres on democratic mechanisms of action."
He added, "We have small projects of civil society organizations and small enterprises , including support for human rights projects, and freedom of opinion and the press, and the defense of women's rights, a small social programs and we're going to negotiate with the Finance Minister Hoshyar Zebari; to reach a final agreement documented between the Iraqi government and the European Union ".
"The Bank of the European Union is interested in providing financial loans to Iraq in two important areas are the energy sector, and the transportation sector which we hope will develop it; to be continuing between Iraq and Europe point. "
He pointed out that "the ECB in the process of granting Iraq half a billion dollars concessional loans paid after ten years and extend to 25 years, and the benefits of a few quite a competitor for the rest of the banks. "
He noted the desire of the European Union with the help of Iraq in all fields, including infrastructure reconstruction, which makes it imperative for the government to do its duty in the fight against administrative corruption; to make sure that every dollar enters into Iraq be in the interest and service of the Iraqi citizen. It ended 42 h
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18.5.2015
{Basra: Euphrates News} Search governor of Basra Majed Nasraoui adviser with the political section of the EU in Iraq Konsa Stninos Vardekis prospects of joint cooperation and the mechanism of implementation of the development program in the province, while stressing that the European Bank Vardquis going to give Iraq a half-billion soft loans.
Said Nasraoui told a news conference held at the Office of the province attended by the correspondent agency {Euphrates News} Today, that "Basra province is a result of looting funds Balehiv, and has about 14 trillion dinars owed by the central government, according to documented by books and official correspondence."
He added "We discussed during the meeting with Political Section adviser in the European Union transport experience of the EU to Iraq and take advantage of them, and work on the granting of soft loans for investment guarantees from the Minister of Finance, and open doors to work on credit and give the opportunity for European investors to work in Basra, in addition to the work of twinning with the cities of the European Union and to send Iraqi students to study in the Union. "
For his part, the political section of adviser in the European Union Konsa Stninos Vardekis said during the conference that "this visit is the first of its kind to Basra, adding that the development in the Basra programs are the most important projects of the European Union which focuses on the local program for the people of the province." .
He pointed out that "these projects within the development and the development programs of the United Nations and funded by the European Union, noting that Iraq at the beginning of his way for the application of democratic systems, which requires the training of administrative cadres on democratic mechanisms of action."
He added, "We have small projects of civil society organizations and small enterprises , including support for human rights projects, and freedom of opinion and the press, and the defense of women's rights, a small social programs and we're going to negotiate with the Finance Minister Hoshyar Zebari; to reach a final agreement documented between the Iraqi government and the European Union ".
"The Bank of the European Union is interested in providing financial loans to Iraq in two important areas are the energy sector, and the transportation sector which we hope will develop it; to be continuing between Iraq and Europe point. "
He pointed out that "the ECB in the process of granting Iraq half a billion dollars concessional loans paid after ten years and extend to 25 years, and the benefits of a few quite a competitor for the rest of the banks. "
He noted the desire of the European Union with the help of Iraq in all fields, including infrastructure reconstruction, which makes it imperative for the government to do its duty in the fight against administrative corruption; to make sure that every dollar enters into Iraq be in the interest and service of the Iraqi citizen. It ended 42 h
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