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Baghdad cancel the decision to liquidate Iraqi Airways

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Wild Orchid

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Baghdad cancel the decision to liquidate Iraqi Airways

TUESDAY, JULY 2, 2013 21:34


Twilight News / Iraqi government Tuesday canceled a decision taken three years ago to liquidate Iraqi Airways, which was prosecuted by Kuwait.

And reach Iraq and Kuwait in March 2012 to push Iraq agreement whereby the Kuwait $ 300 million in cash and invest $ 200 million in a joint aviation project opposite Kuwait to withdraw lawsuits against Iraqi Airways.

The government said in a statement received "Twilight News" She agreed to rescind its decision taken in 2010 on the liquidation of the State Company for Iraqi Airways affiliated to the Ministry of Transport.

She said she also agreed to terminate the implications of the decision all absence filtered reason.

The dispute over the airline was part of a large-scale conflict on the billions of dollars in damages dating back to the days of Iraq's invasion of Kuwait in 1990-1991, when his forces captured several planes.

But the two sides have reached to settle outstanding differences between them, which prompted the UN Security Council to vote unanimously days ago to remove Iraq from Chapter VII.

Iraq strives to expand the fleet of civil aircraft and the opening of new lines with the nations of the world after the lifting of the siege in 2003.

P r / c

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