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Iraq is seeking a loan to the U.S. two billion dollars to finance the purchase of 40 civilian aircraft
Follow-up - Iraq Press -4 April / May: press reports said on Friday that Iraq is seeking a loan of two billion dollars from the Export-Import Bank to finance the purchase of U.S. 40 civilian aircraft from Boeing.
He said site Bloomberg Bloomberg U.S. economic news, that "the Undersecretary of the Ministry of Transport, banks Rakane, told him in a telephone conversation, in the second of this April, the committee includes representatives from the Ministries of Transport and Finance and the Central Bank and Iraqi Airways will negotiate regarding finance a deal to buy 40 Boeing aircraft ".
He Rakane that "the Commission will use Bank of Citigroup, the U.S. in Iraq to get the counseling needed on the subject, where will be a call next week," adding that "Iraq is based on this transaction on being a country with a strong economy as the fourth-largest oil exporter in the world and is capable of finance the bulk of the transaction amount of five billion dollars, according to a list of current prices. "
He favored the Undersecretary of the Ministry of Transport that "baptizing Iraq to delay some of the aircraft and make adjustments to the other," pointing out that there are "a lot of discussion to be held on the deal during a meeting of the Committee."
Rakane said that "the amount of the loan, which will be presented by the Bank of U.S. Export-Import ranging from 1.5 to 2 billion dollars, to be determined based on the estimated final agreed timetable for delivery," and expressed "cautious optimism about the guarantee to finance the deal."
According to the site, although it Bloomberg that "Iraq is a country rich in oil, but that efforts to build its economy after 11 years of the U.S. invasion has marred some failures due to political and sectarian conflict witnessed by the country."
The Iraqi Airways announced on 27 March 2014 on the arrival of a third Boeing (800-737) to the Baghdad International Airport out of 40 under contract with the United States, saying it will take delivery of another six aircraft of this type until the end of the year 2014 the current. ended (1)
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Follow-up - Iraq Press -4 April / May: press reports said on Friday that Iraq is seeking a loan of two billion dollars from the Export-Import Bank to finance the purchase of U.S. 40 civilian aircraft from Boeing.
He said site Bloomberg Bloomberg U.S. economic news, that "the Undersecretary of the Ministry of Transport, banks Rakane, told him in a telephone conversation, in the second of this April, the committee includes representatives from the Ministries of Transport and Finance and the Central Bank and Iraqi Airways will negotiate regarding finance a deal to buy 40 Boeing aircraft ".
He Rakane that "the Commission will use Bank of Citigroup, the U.S. in Iraq to get the counseling needed on the subject, where will be a call next week," adding that "Iraq is based on this transaction on being a country with a strong economy as the fourth-largest oil exporter in the world and is capable of finance the bulk of the transaction amount of five billion dollars, according to a list of current prices. "
He favored the Undersecretary of the Ministry of Transport that "baptizing Iraq to delay some of the aircraft and make adjustments to the other," pointing out that there are "a lot of discussion to be held on the deal during a meeting of the Committee."
Rakane said that "the amount of the loan, which will be presented by the Bank of U.S. Export-Import ranging from 1.5 to 2 billion dollars, to be determined based on the estimated final agreed timetable for delivery," and expressed "cautious optimism about the guarantee to finance the deal."
According to the site, although it Bloomberg that "Iraq is a country rich in oil, but that efforts to build its economy after 11 years of the U.S. invasion has marred some failures due to political and sectarian conflict witnessed by the country."
The Iraqi Airways announced on 27 March 2014 on the arrival of a third Boeing (800-737) to the Baghdad International Airport out of 40 under contract with the United States, saying it will take delivery of another six aircraft of this type until the end of the year 2014 the current. ended (1)
[You must be registered and logged in to see this link.]
