Nassif, calling on the government to take proactive measures to protect Iraq's assets from claims

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{Baghdad: Euphrates News} MP for the coalition demanded free high Nassif Iraqi government to take proactive measures to protect the frozen funds before its launch in the middle of next month.


She said Nassif, in a press statement received by the agency {Euphrates News} copy of it on Monday that "it is hoped to be launched frozen Iraqi funds that are now under the trusteeship under the UN resolution, in the middle of next month, and after that came out Iraq officially from Chapter VII of the end UN trusteeship burdened shoulders for decades. "


The UN Security Council voted unanimously last Thursday to remove Iraq from Chapter VII, and thus ended the international trusteeship on Iraq, which had been imposed during the dictatorial era of the dictatorial regime, especially after the invasion of Kuwait.


She explained Nassif that "the liberation of Iraqi funds requires action seriously quickly to pre-empt what has exposed his claims by companies and individuals from financial dues alleged, because of the UN resolutions issued in this regard the formation of a committee to compensate the states and stakeholders, not Iraq, a member of that committee It could only have access to the decisions, and this clear abuse of the United Nations unfairness joy Iraqis Boukrojna of Chapter VII. "


She added, "must be government measures proactive and quick to maintain these funds and protect those who will claim that they have the financial dues owed ​​by Iraq, and we hope that ايحصل as happened in the Kuwaiti reparations that have been استحصالها unjustly from Iraq and demarcation unjust to the limits and the rest of the files that slowed the government due to poor Iraq's foreign policy and the absence of diplomatic efforts at the required level. "



And ايخفى on everyone that Mr. Abdul Aziz al-Hakim, Iraq's Aziz {} Jerusalem has repeatedly demanded the United Nations to derail Iraq from Chapter VII, where he raised several books to the UN demanding that the need to remove Iraq from Chapter VII. Ended 2 m




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An expert Economist: Iraq would be subjected to an economic the problems of in the event of his release from the provisions of item VII

 Started by: bian2 dated: Saturday 29/6/2013 11:56 am


 The source of Al Khobar: of Basra



Basra / WAP / saw, an economist at the University of Basra, Dr. Nabil Jaafar, that Iraq would emerge from the provisions of Chapter VII would expose him to the economic problems.

Jaafar told the news agency Baghdad International / WAP /, that "Iraq's money is now protected by the United Nations in accordance with Chapter VII, and this protection will continue for a period of six months after Iraq out of this item."

He added, "During the expiration of the period of international protection will do the institutions of private and public creditors claim debts on Iraq, which requires him to pay premiums Diwan service."

She continued, "This process will lead to make Iraq in front of a real problem in the issue of payment of large sums of money during the next phase."

Jaafar said, "The debt repayment will include the premium plus the interest rate and the price moving and interest is linked to the rate of inflation."

He said, "Iraq is forced to pay off the debts to creditors and will leave this issue a negative impact on the economic reality in Iraq, as it will contribute to the depletion of the country's balance of foreign currency and oil revenues."

He called on Iraq to "address this problem by moving away from the issue of external borrowing as long as sufficient internal sources and enter into negotiations with creditors to reschedule the debt and for payment of the order to get rid of them and their burden."

Iraq has been under Chapter VII of the Charter of the United Nations, which imposed after the entry of troops into Kuwait in 1990.

This item allows the use of force under the pretext of the threat of international security, in addition to freeze large amounts of its assets in international banks to pay them compensation for those affected by the invasion of Kuwait, amounting to 5% of its annual oil revenues. / End


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