Transportation: pay off debts Kuwait after dropping the lawsuit filed in Britain

Transportation: pay off debts Kuwait after dropping the lawsuit filed in Britain

11/24/2012 8:02 pm

BAGHDAD – morning
confirmed the Ministry of Transport that it would not begin to pay sums debts Iraqi Airways for the Kuwaiti counterpart unless the court British decision to drop the case against Iraq.
said Undersecretary banks ريكاني for “Center Brief for the Iraqi Media Network:” The Ministry of Transport will not start Atsudaid value debt owed by Iraqi Airways to Kuwaiti counterpart and $ 500 million unless there is a decision of the British court to drop case against Iraqi Airways.
comes to renew the Ministry of Transport confirmed not to reimburse the debt of Iraqi Airways After the cabinet’s approval to allocate $ 500 million to repay debt Iraqi Airways.
added ريكاني: that once dropping the lawsuit filed against Iraqi Airways before a British court and obtain an undertaking not to claim the future any debt from Iraqi Airways will pay the amount of debt.
agree Iraq and Kuwait recently to settle the debt problem of the Iraqi Airways owed to Kuwaiti counterpart, amounting to $ 500 million.
spent the agreement delivered to Iraq last week officially authenticated Prince Kuwait to repay Iraq $ 300 million first batch of this year, and the payment of $ 200 million during the the first three months of next year.

alsabaah