Warns U.S. not to renew the protection of Iraqi funds

Warns U.S. not to renew the protection of Iraqi funds

05/18/2014

Warns US not to renew the protection of Iraqi fundsBAGHDAD / JD / .. Committee warned the economy and investment representative, the vulnerability of Iraqi funds deposited in foreign banks at risk in the event of non-renewal by the U.S. protection.
He said the decision of the Committee of Economy Mahma Khalil told / JD /: “The Iraqi government do not intend to claim for the United States to renew the protection and immunity to Iraqi funds abroad, but this will that money at risk, the fact that Iraq is still under Chapter VI and private debt, noting that There are countries and companies are still demanding Iraq entitlement financial result for the financial policy of the former regime. ”
He said: “Iraq has agreements concluded with the United States to ensure America’s protection of Iraq attacks internal and external, and that means the United States commitment to those pledges to protect Iraqi funds deposited in foreign banks until the exit from Iraq all the items of the UN imposed on it.”
He added that the Iraqi government claim to negotiate with countries that Iraq is demanding compensation for the overthrow of that debt or installments to avoid any risk to the Iraqi funds and sovereign Iraq.

The Iraqi Ministry of Finance announced the intention of the Iraqi government not to claim the United States to protect Iraqi funds deposited in foreign banks, the fact that Iraq has met most of the debt to reimburse states and companies that demanding. / Finished / 8 /

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