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Jarallah: Kuwait did not waive Iraq's debt
denied in an interview with "Arab. Net" decree need to drop compensation
Wednesday 29 November 1433 - 14 November 2012
Dubai - Abdulaziz Al Dosari
Undersecretary of the Kuwaiti Foreign Ministry Khaled Al-Jarallah "no waiver Kuwait for compensation Iraqi invasion," denying through a special permit for "Arab. Net" what some of the media and news websites of concession Kuwait for reparations and debt cancellation for Iraq.
Khaled al-Jarallah What has been signed not deviate from the framework of the settlement debt owed to Kuwait Airways Corporation on its Iraqi counterpart, amounting to $ 500 million and is not waived, by pushing Iraq $ 300 million cash and $ 200 million as an investment in the company lines are created in Iraq.
between Jarallah This compromise was to lift all restrictions on rebuilding Iraqi Airways and their freedom to buy and the establishment of an air fleet, in exchange for preservation of the rights "Kuwait" by converting debt into investments. Pointing out that the issue of waiver Kuwait billion dollars not baseless, in addition to repeating some decree need to drop compensation.
Some of the media in Kuwait indicated that the Kuwaiti government dropped Iraq's debt through a decree of necessity, and it launched the "opposition" fierce attack on the government, saying it does not agree to any settlement with Iraq in this regard, especially in the absence of the Council, which denied government.
It is noteworthy that Iraq is subject since 1990 to Chapter VII of the Charter of the United Nations, which imposed after the invasion of the former regime of Kuwait in August of the same year, according to economists, the Iraq's debt in addition to compensation of more than $ 25 billion, while the Iraqi Government had earlier said debt owed to Kuwait not to exceed $ 6 billion in addition to compensation.
The media delegation visited Kuwait a few days ago under the chairmanship of the Iraqi Journalists Syndicate pro-Lami, who told the media that the two countries have directed to resolve the outstanding issues between them. Stressing that the Kuwaiti Foreign Minister will visit Iraq next December and will be met with his Iraqi counterpart, also that there is a meeting of the Ministerial Committee at the beginning of next year and will be discussed file of Iraq's debt.
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