Home
Iraq compensates Kuwaiti debts with vital projects
Baghdad - Agencies
Sources revealed that Iraq and Kuwait are heading towards closing the file of compensation between them, during the hosting of the last conference donors to restore the areas of the organization of a preacher in Iraq to be launched early next year.
The Kuwait sources said that the joint committees between the two countries tend to fold the file of compensation final agreement to invest in vital projects in Iraq, with the import of Kuwait oil and gas, which contributes to strengthening the relations of neighbors, adding that there is no intention of Kuwait to give up part Of those receivables of $ 4.6 billion.
The Iraqi Prime Minister, Haider al-Abadi, revealed last week, that Iraq has resolved with the United Nations oil for food, leaving nothing to hinder the release of under Chapter VII of the Kuwaiti compensation.
Abadi added that there is currently negotiations between the parties on this file, which he discussed during his recent visit to Kuwait, explaining that «a Kuwaiti delegation visited Iraq for this purpose.
On January 15, 1991, Iraqi forces set fire to more than 700 Kuwaiti oil wells, prompting the United Nations to issue a decision to force Iraq to pay financial compensation for losses suffered by the state during its occupation.
[You must be registered and logged in to see this link.]
Baghdad - Agencies
Sources revealed that Iraq and Kuwait are heading towards closing the file of compensation between them, during the hosting of the last conference donors to restore the areas of the organization of a preacher in Iraq to be launched early next year.
The Kuwait sources said that the joint committees between the two countries tend to fold the file of compensation final agreement to invest in vital projects in Iraq, with the import of Kuwait oil and gas, which contributes to strengthening the relations of neighbors, adding that there is no intention of Kuwait to give up part Of those receivables of $ 4.6 billion.
The Iraqi Prime Minister, Haider al-Abadi, revealed last week, that Iraq has resolved with the United Nations oil for food, leaving nothing to hinder the release of under Chapter VII of the Kuwaiti compensation.
Abadi added that there is currently negotiations between the parties on this file, which he discussed during his recent visit to Kuwait, explaining that «a Kuwaiti delegation visited Iraq for this purpose.
On January 15, 1991, Iraqi forces set fire to more than 700 Kuwaiti oil wells, prompting the United Nations to issue a decision to force Iraq to pay financial compensation for losses suffered by the state during its occupation.
[You must be registered and logged in to see this link.]
