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News and reports : U.S. assurances to protect Iraq's money for another year
Union: The Iraqi government announced it had received assurances from Washington to extend the term of protection of the United States to Iraqi funds for a year extra from the twenty-second of the month of May.
The adviser said the Prime Minister for Legal Affairs Fadhil Mohammed Jawad, said the Iraqi government formally asked its counterpart the U.S. to extend the protection of Iraqi funds for another year, adding that this extension to be issued by presidential decree, a U.S. would guarantee not to raise the state lawsuits against the Iraqi funds in the United States. He Jawad said in an interview with Radio Free Iraq that the Iraqi government is trying to find definitive solutions to the problem of trade creditors who threaten to file lawsuits against Iraq in the United States and close this file completely.
To that, the Central Bank of Iraq adviser to the appearance of Mohammed Saleh, said that Iraq is currently working to find alternative places to deposit his money outside the United States, and thus protect them from any prosecution in the case proceeded to Washington not to renew the period of presidential protection.
Most of the proceeds from sales of Iraqi oil reserves as well as the Central Bank of Iraq's money deposited in the U.S. central bank known as the "Federal Reserve".
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Union: The Iraqi government announced it had received assurances from Washington to extend the term of protection of the United States to Iraqi funds for a year extra from the twenty-second of the month of May.
The adviser said the Prime Minister for Legal Affairs Fadhil Mohammed Jawad, said the Iraqi government formally asked its counterpart the U.S. to extend the protection of Iraqi funds for another year, adding that this extension to be issued by presidential decree, a U.S. would guarantee not to raise the state lawsuits against the Iraqi funds in the United States. He Jawad said in an interview with Radio Free Iraq that the Iraqi government is trying to find definitive solutions to the problem of trade creditors who threaten to file lawsuits against Iraq in the United States and close this file completely.
To that, the Central Bank of Iraq adviser to the appearance of Mohammed Saleh, said that Iraq is currently working to find alternative places to deposit his money outside the United States, and thus protect them from any prosecution in the case proceeded to Washington not to renew the period of presidential protection.
Most of the proceeds from sales of Iraqi oil reserves as well as the Central Bank of Iraq's money deposited in the U.S. central bank known as the "Federal Reserve".
[You must be registered and logged in to see this link.]
