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Kuwait postpones obtaining compensation from Iraq (Dif-Source)
07/28/2015 17:55
Kuwait agreed to request a postponement because of the sharp decline in oil prices, in addition to the additional expenses made by Iraq in the fight against terrorism.
BAGHDAD / Obelisk: The Iraqi Ministry of Foreign Affairs, on Tuesday, for the approval of Kuwait to defer the deduction of the amounts of compensation from Iraqi oil revenues, additional years, while the ministry expressed its appraised of the Kuwaiti position.
He said ministry spokesman Ahmad Jamal in an interview with Alsumaria's News, "The Kuwaiti government decided to approve the postponement of the deduction of the amounts of compensation from Iraqi oil revenues year-old extra, from 2016 until 2017, in response to the request of Foreign Minister Dr. Ibrahim al-Jaafari."
Beauty and explained that "Kuwait has agreed to request a postponement because of the sharp decline in oil prices, in addition to the additional expenses made by Iraq in the fight against terrorism," noting that "the Iraqi Foreign Ministry expresses high regard for this noble and crossing the depth of brotherly relations between Iraq and Kuwait attitude ".
It is noteworthy that the State of Kuwait announced that, in (18 December 2014), approval of the request for Iraq to postpone the payment of the last batch of the Gulf War reparations.
Iraq and is filed five percent of the proceeds from sales of petroleum, petroleum products and natural gas in the Compensation Fund pursuant to Security Council resolution 687 of 1991, to establish a fund to pay compensation to governments, companies or individuals who have suffered direct losses as a result of the Iraqi invasion of Kuwait in 1990 and the establishment of a committee to manage the fund.
He announced former finance minister, Hoshyar Zebari, in (12 December 2014), that the final installment of compensation amounting to $ 4.6 billion.
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07/28/2015 17:55
Kuwait agreed to request a postponement because of the sharp decline in oil prices, in addition to the additional expenses made by Iraq in the fight against terrorism.
BAGHDAD / Obelisk: The Iraqi Ministry of Foreign Affairs, on Tuesday, for the approval of Kuwait to defer the deduction of the amounts of compensation from Iraqi oil revenues, additional years, while the ministry expressed its appraised of the Kuwaiti position.
He said ministry spokesman Ahmad Jamal in an interview with Alsumaria's News, "The Kuwaiti government decided to approve the postponement of the deduction of the amounts of compensation from Iraqi oil revenues year-old extra, from 2016 until 2017, in response to the request of Foreign Minister Dr. Ibrahim al-Jaafari."
Beauty and explained that "Kuwait has agreed to request a postponement because of the sharp decline in oil prices, in addition to the additional expenses made by Iraq in the fight against terrorism," noting that "the Iraqi Foreign Ministry expresses high regard for this noble and crossing the depth of brotherly relations between Iraq and Kuwait attitude ".
It is noteworthy that the State of Kuwait announced that, in (18 December 2014), approval of the request for Iraq to postpone the payment of the last batch of the Gulf War reparations.
Iraq and is filed five percent of the proceeds from sales of petroleum, petroleum products and natural gas in the Compensation Fund pursuant to Security Council resolution 687 of 1991, to establish a fund to pay compensation to governments, companies or individuals who have suffered direct losses as a result of the Iraqi invasion of Kuwait in 1990 and the establishment of a committee to manage the fund.
He announced former finance minister, Hoshyar Zebari, in (12 December 2014), that the final installment of compensation amounting to $ 4.6 billion.
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