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############Washington worried about the situation in Iraq and abandon the protection of Iraqi funds

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############Washington worried about the situation in Iraq and abandon the protection of Iraqi funds Empty ############Washington worried about the situation in Iraq and abandon the protection of Iraqi funds

Post  Admin Tue Feb 19, 2013 6:13 am

Tuesday, February 19 / February 2013 09:58

############Washington worried about the situation in Iraq and abandon the protection of Iraqi funds 258

Baghdad / Orr News
A
senior political source revealed about the intention of the U.S.
administration to inform the Iraqi government a message that the U.S.
government is concerned monetary and financial developments taking place
in the country.

He
said that the U.S. Embassy in Baghdad told the Iraqi government that
the U.S. delegation from the U.S. Treasury, "financial" will arrive in
Baghdad with a bank officials the U.S. Federal Reserve, "Federal
Reserve" to inform the Iraqi government a message that the U.S.
government is concerned about financial developments and current cash in
the country.

The
source, who preferred anonymity, said that the essence of the American
message boils down to that the U.S. administration is not interested in
the protection of Iraqi funds in the account of the Development Fund for
Iraq "DFI" of the Iraqi Ministry of Finance.




The
source added that the U.S. administration would raise her hand to
protect Iraqi funds in the month of May 2013, explaining that he will
inform the Iraqi government's decision not to renew according to an
official letter.

The
source pointed out that the U.S. administration has become concerned
about the future of Iraq in light of the political pressure that the
country is going through, stressing that they indicate a clear case of
exclusion of several political components.

Was
created Development Fund for Iraq DFI in May of 2003 by the director of
the Coalition Provisional Authority was recognized, under Security
Council resolution for the United MMA 1483 and after the dissolution of
the Coalition Provisional Authority in June 2004, has been delegated the
U.S. government by the Government of Iraq to manage funds of the
Development Fund for Iraq, which was made ​​available to reconstruction
projects, and the U.S. Defense Department, the administration of the
said fund on behalf of the U.S. Government, authorization was withdrawn
with effect from 31 December 2007.

The
Iraqi government is keen to ensure that the extension of the work of
the Fund, which was established in 2003 after the fall of Saddam Hussein
in order to protect the revenue from sales of oil and natural gas in
Iraq.

Iraq
has been under since 1990 under Chapter VII of the Charter of the
United Nations, which imposed after the invasion regime of former
President Saddam Hussein of Kuwait in August of the same year, and this
item allows the use of force against Iraq as a threat to international
security, as well as freezing of large amounts of its assets financial
in international banks.





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