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Source: Iraq to Egypt about $ 408 million for the payment of remittances yellow
15/03/2012 PM - 10:30 PM | Hits: 69
Informed the Iraqi Foreign Minister Hoshyar Zbaary, his Egyptian counterpart Amr, that the Iraqi government has today transferred $ 408 000 037 thousand dollars to the account of Central Bank of Egypt for the payment of the value of remittances yellow.
The minister said Commissioner Spokesman for the Foreign Ministry, the Egyptian that Amr had received upon his arrival in Tunis a call from his Iraqi counterpart, confirming that the Iraqi government today transferred $ 408 000 038 thousand dollars to the account of Central Bank of Egypt to pay for transfers yellow, in implementation of the agreement signed by the two foreign ministers this week, which will benefit 670 thousand Egyptian citizen finds pay dues to Iraq for more than 20 years.
The Amr Zbaary have signed a few days ago an agreement under which the Iraqi government to pay immediate benefits Egyptian workers in Iraq, known as the "remittance yellow" worth $ 408 million, equivalent to 2.5 billion pounds, almost Amr that he will be paying dues individuals immediately to be talk about the rest of the debt, benefits and entitlements of public sector companies and private sectors, pointing out that it was agreed to transfer the money within days.
Amr said that "the signing of the agreement with the Iraqi side has a meaning beyond much of these large sums of money belonging to many of the Egyptian families after recovery of dues, and confirms that the relations between the two countries back to the way as two hubs in the region, noting that it was also agreed between the two sides on the visit of a delegation ministerial high-level to Baghdad with a number of business after the Arab Summit to be held March 29 current, where the Iraqi side expressed welcomed the participation of Egypt in the work of reconstruction of Iraq. "
For his part, Iraqi Foreign Minister Zebari that he "is pleased very much to convey the news to the families of Egypt, pointing out that the amount is a budget of the Iraqi government some time ago, but the conditions that were experienced by Egypt is that they prevent the transfer, explained:" ready to transfer the amount immediately to the Egyptian authorities for the happiness of many Egyptian families, and that religion and the rights of members to be negotiated in the remaining dues without diminishing the value, "stressing the obligation of Iraq to pay the amount without delay."
He added that this "money has been frozen for 22 years and reached the day that we sign this agreement" and wellness degrees ", and will be discussed in the rest of the entitlements and this is just the first stage and the amount is not a little, and is the budget of Iraq, and said we all want Egypt is strong and return to full recover, because in the interest of Iraq and all Arab countries
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