Talks with Washington to extend the protection of Iraqi funds abroad
Talks with Washington to extend the protection of Iraqi funds abroad
May 20, 2013
Government began talks several weeks ago with their U.S. counterparts to discuss the extension of protection to Iraqi funds abroad and which will expire in early June.
member of the Finance Committee in Parliament MP for the coalition of state law, Abdul Hussein al-Yasiri said that “the non-renewal of U.S. protection means that the funds in the Development Fund Iraq will be vulnerable to lawsuits filed by creditors, which is valued at about $ 140 billion. ”
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