Parliamentary services reveal: there is no real agreement with China to implement projects!

Parliamentary services reveal: there is no real agreement with China to implement projects!

Tuesday, July 21, 2020 | 06:25 pm

Parliamentary services reveal - there is no real agreement with China to implement projectsThe Parliamentary Services Committee indicated on Tuesday that there is no real economic agreement with China to implement strategic projects and solve the housing and energy crisis .

Member of the committee Mudher Khazaal said that “Iraq signed memoranda of understanding only and there is no real economic agreement with China,” noting that “the funds that were withdrawn from the sovereign fund with China caused delays in the implementation of the projects that are intended to be granted to Chinese partnerships .”

He added that “Iraq will return the money to the sovereign fund after recovering oil prices and it is possible to reconsider the agreement with China,” noting that “China has not implemented any strategic projects to solve the housing and energy crisis in Iraq if the required funds are not secured within the sovereign fund .”

aynaliraqnews.com