Musawi: the conditions contained in military funding loan between Iraq and America’s unjust and cruel

Musawi: the conditions contained in military funding loan between Iraq and America’s unjust and cruel

Tuesday 31 May 2016 | 14:19

Musawi - the conditions contained in military funding loan between Iraq and Americas unjust and cruelBAGHDAD / … The MP said the bloc virtue Abdul Hussein al – Moussawi, on Tuesday, said the conditions included in military funding between Iraq and America loan unfair and harsh .

He said al – Moussawi said in a press statement received “Eye of Iraq News , ” We are deeply surprised by the negligence of the international community and not to bear moral responsibility and humanity in support of Iraq and is facing an enemy threatens international peace and security and targeting every human life landmarks.

He continued, We are shocked by the harsh conditions and unfair contained in military funding a loan agreement between Iraq and America , and which resulted in high interest rate account for about 31% of the amount borrowed and the condition of the use of the loan proceeds to finance acquisitions from the borrower only for materials and defense services , and this means the weapons would be for defensive purposes only and as well as the requirement to have a semi – annual payment and is not an annual , which means the possibility of a failure to repay the loan and interest payments and ensure that the agreement is balanced commitments the US side has given the right to cancel the loan unilaterally. finished 1

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