##### Iraqis welcome the extension of immunity to Iraqi funds in the United States

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Ahmed Al-Zubaidi
06/13/2013[/ltr]
[ltr]Welcomed the Finance Committee in the Iraqi Council of Representatives the U.S. government's decision to extend immunity to Iraqi funds in the United States two branches: the expense of the central bank, and the expense of the Development Fund for Iraq.

The Committee member said Magda Al-Tamimi said the Iraqi economic delegation who visited Washington recently managed after negotiations that lasted for more than a week after obtaining the approval of the U.S. side to extend immunity to be the last extension.

To a description of the economic expert, Dr. Majid picture extension process was positive because it will maintain Iraqi funds abroad, pointing to the need to resolve the outstanding problems with creditors before the expiry of the extension.

Tamimi said Magda Tamimi said many of the problems awaiting Iraq with unknown creditors so far, and called on the Iraqi government to the need for completion of the file, even if the debt through the purchase.

Under this extension remains of Iraqi funds under the special protection imposed by the U.S. government on this money to prevent creditors from booking them.


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