A joint committee to browning Training Center Act monetary and banking

06/30/2013





The parliamentary Finance Committee raised the level of coordination with the Economic Commission for the completion of parliamentary bill Training Center monetary and banking.

And a member of the Finance Committee said Magda Tamimi's (IMN) that "economic joint committee with the parliamentary process to provide a final report on the draft law center monetary and banking training next week."

She added that "the draft law project provides for the replacement of Banking Studies Center training center monetary and banking in the Central Bank of Iraq to develop technical and practical treatments for fiscal and monetary policy."

And that "the Centre will be watching the decline and rise in the exchange rate of the Iraqi dinar and the nature of economic laws as well as the development of staff expertise in the banking sector."

And completed the Higher Committee overseeing the restructuring of State-owned banks in April / May last economic and technical studies necessary for the implementation of political restructuring.

Economists believe that re ھیكلة the Rafidain and Rasheed conditional on the legislative reform process for the banks, which is commensurate with the aspirations of the banking business in Iraq.

And holds the government banks 90% of the banking operations.

The restructuring plan includes four axes banks, is Restructuring Cgalah and strategic re-evaluation of assets and re-banks and accounts audited by an external auditor.

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Economists: out of Iraq from Chapter VII will bring foreign investment and is the country's frozen funds

30-06-2013

Baghdad (news) / report / Hussein Faleh / .. After the vote the UN Security Council voted unanimously to exit Iraq from Chapter VII, which imposed a year ago (1990), especially after Iraq's occupation of Kuwait, which provided for the adoption of economic sanctions stranglehold on the country, Iraq has sovereignty full national and liberation of all economic restrictions, which has become a stumbling block before the advent of international companies to invest in the country.

The confirmed number of deputies and economic experts that Iraq would emerge from the provisions of Chapter VII internationalist bring international companies sober-owned and developed countries to Iraq for the purpose of work and investment, which has been facing many difficulties prevent them from coming into the country by the UN resolution.

They explained their talk (of the Agency news) to remove Iraq from Chapter VII of money refunded frozen Iraqi funds in foreign banks, as well as in the Development Fund for Iraq to the country, gives him the freedom to dispose of them.

A member of the Finance Committee and the Secretary-General of the People's Movement Attorney Ali Alsjeri, stressed: that Iraq would emerge from the provisions of Chapter VII of the Charter of the United Nations will have significant economic benefits for the country.

And said Alsjeri (of the Agency news): This item behind the great economic damage, where pay international companies in various fields of work away from Iraq after being largely financial system and the impact on Iraq's sovereignty in general.

He added: remove Iraq from Chapter VII to VI سينقله the Rehab development by allowing the world's largest construction companies for reconstruction and therefore Iraq will return to the international community incubator after a break that lasted more than 23 years.

He pointed out: that the positive effects of which will be reflected directly on the State-owned banks that were forced to resort to secondary agents in order to sustain its foreign relations, which would have cost extra money and expressed the hope that this will contribute to the achievement of developmental renaissance in Iraq.

The Iraqi government announced that Iraq would emerge from Chapter VII of the Charter of the United Nations represents the last external obstacle in front of him to regain full sovereignty remains to deal with internal challenges.

It is noteworthy that Iraq would emerge from Chapter VII would make him able to manage his money without international trusteeship would also allow him to return to normal in the international community in terms of processing, especially health equipment and manufacturing, especially military weapons, light, medium and heavy-duty, except banned internationally.

For his part, said the decision of the Commission on the economy and investment MP / coalition of Kurdish blocs / Khalil Mahma, that the end of the provisions of Chapter VII, will enable Iraq to recover its funds frozen, and end the tax paid by the people, by the practices of the former regime.
He said (of the Agency news): that Iraq has met all its obligations towards Kuwait, which makes it imperative for the international community to fulfill its obligations towards Iraq and the lifting of prosecutions on frozen Iraqi funds abroad.

He added: The people and the Iraqi government has tolerated a lot in order to remove Iraq from Chapter VII and the time now, conveniently out of this limitation, which hurt many citizens, stressing that Iraq would emerge from this decision will prompt global companies owned by the developed countries to come to Iraq for the purpose of investment.

As an economist Adnan al-Kanani, said: that out of the provisions of Chapter VII requires urgent pause on the financial sector, particularly the banking sector, which will be faster beneficiaries from entering the global financial market and wider doors.
He said (of the Agency news) to: the importance of exploiting the opportunity and develop sector Bashklah the government and private sectors through partnerships and the formation of relationships with leading global banks known.

He added: it was time for the banks to develop their systems and electronic instructions and method of work and foremost a way of thinking and management as well as the expansion of its branch network both inside and outside Iraq, especially in the countries that we have with the trade as strong as Turkey, China, Saudi Arabia, South Korea, Iran, Russia and others, where does not have Iraqi banks there E., with no legal barriers, nor political, nor economic sanctions after today prevent us from communicating with the world.

Since the nineties groaning Iraq under the weight of sanctions, since the international embargo that resulted from the United Nations Resolution 661, which was issued on August 6, 1990 due to the Iraqi invasion of Kuwait, and provided for the adoption of economic sanctions stranglehold on Iraq to force his time on the immediate withdrawal from Kuwait. This decision was followed by almost ten successive resolutions, warning him of the consequences of his stay in Kuwait and the defiance of the international community.

And suffered Iraqis two of these sanctions, which deprived them of food and medicine, as well as all means of progress and technology that reached the world in the era of the nineties of the last century, which led to the deaths of a million and a half million children as a result of hunger and lack of medicine acute and their lack of the most basic means of life.

This siege lasted nearly 13 years where practically ended with the fall of the Baath regime in 2003, Iraq had suffered from severe isolation from most countries in the world politically, diplomatically and economically, but Iraq remained suffers from the effects of hindsight under Chapter VII of the Charter internationalist. And compared to the suffering of the Iraqi sanctions made Saddam Hussein, one of the richest ten richest in the world. / End / 8 /

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Expert: Agreement "NASDAQ" World Stock Exchange will contribute to the development of the stock market work

30-06-2013

Baghdad (news) .. Said Ismail Radi economist, said the agreement concluded by the Iraqi market for securities with the global institution NASDAQ stock exchange will contribute to the development of his work in the system business dealings.

Radi said (of the Agency news): The Iraqi market for securities in urgent need for the development of his work through the use of modern Technology systems, must be contracted with discreet international institutions specialized in the development of the work of international stock markets.

He added: that the initiative of the Iraqi market for securities Finance Ptaakedh with the NASDAQ Global Foundation will contribute significantly to the development of the work of the Iraqi Stock Exchange of current systems with another make them a platform for business transactions fast and sophisticated at the global level.

This institution has signed NASDAQ Global Market, on Saturday, an agreement with the Iraqi market for securities to develop the system work in business dealings.

The technology NASDAQ X-Stream currently used in more than 25 stock market in the world. / End / 8.'s. M /

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GCC welcomes the exit of Iraq from Chapter VII

 30, 2013

Welcomed the Gulf Cooperation Council (GCC) the exit of Iraq from Chapter VII.

The UN Security Council voted last Thursday to exit Iraq majority of international sanctions imposed on it under the provisions of Chapter VII, because of the former regime's invasion of Kuwait in 1990.

According to a statement for the meeting of the Gulf Cooperation Council after held yesterday in the Bahraini capital Manama that "the Council welcomed the Security Council resolution No. 2107/2013 unanimous referral of prisoners and missing persons and the return of Kuwaiti property to the United Nations Mission to help Iraq [UNAMI] under Chapter VI, instead of Chapter VII of the Charter of the United Nations, to follow up on this file. "

He said the "fruit of the positive development of relations between Kuwait and Iraq and mutual visits between officials of the two countries and on these visits resulted in the signing of important agreements of the parties, on some bilateral issues and international obligations."

The Council stressed "support this decision and that the issue of prisoners and missing persons and the return of Kuwaiti property matters of a purely humanitarian nature, and looks forward to the Iraqi government to continue its efforts in cooperation with the State of Kuwait and the international community." Is over.

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Vice observers: Kuwait's remarks on survival in Chapter VII concerning Bouklavadtha the Interior

30/06/2013

MPs and observers stressed, on Saturday, that Iraq came "in part" of the provisions of Chapter VII, and the remainder of its obligations under this chapter of the Charter of the United Nations is a "minor technical matters."
As stressed that Iraq has met many of its obligations towards the State of Kuwait, they saw that the reconstruction of the country for the seventh season need to difficult استصداره the UN resolution again, considering the Kuwaiti side talk about survival of Iraq under international sanctions, the issue of "internal marketing".
The UN Security Council voted unanimously last Thursday, the Resolution No. 2107 which provides for partially remove Iraq from the provisions of Chapter VII of the Charter of the United Nations, and an end to the mission of the Special Coordinator of the United Nations responsible for my Kuwaiti missing persons and property. The transfer of the Security Council, by resolution, My Kuwaiti missing persons and property under Chapter VI to the work of the United Nations Mission to help Iraq (UNAMI) and keep them under the umbrella of the UN Security Council review.
The text of the statement issued by the United Nations on "the application of Chapter VI of the Charter of the United Nations, rather than Chapter VII, with respect to the issue of missing Kuwaiti property and archives." He also urged Iraq to continue his efforts in the search for missing Kuwaiti property, including the National Archives through the Joint Ministerial Commission between the two sides.
The Kuwaiti Information Minister Salman Hamoud said, in a press statement quoted by the media, a Kuwaiti, said that "the file of compensation owed by Iraq of Kuwait is still under Chapter VII of the Charter of the United Nations," pointing to "the existence of a mechanism under the auspices of the United Nations to follow up the payment of compensation amounting to about $ 11 billion. "
Sabah expressed the hope that "the exit of Iraq from the provisions of Chapter VII fully," he said, adding that "there is a part of the compensation, there is a mechanism in the joint meetings under the auspices of the United Nations in the development of mechanisms to address compensation."
The Kuwaiti minister pointed out that "the survival of some of the files under Chapter VII does not mean that Kuwait has no fears towards its northern neighbor," stressing that "relations between the two countries have improved significantly."
In this context, the MP Hassan Chuird, a member of the Foreign Relations Committee, parliamentary, "The decision to exit Iraq from Chapter VII irreversible," adding that "the technical committees between Kuwait and Iraq working hard to end all outstanding issues between the two sides."
And saw Chuird, in a statement to the "long" yesterday, said, "What the rest of the outstanding issues between Kuwait and Iraq are missing and archive file and compensation," adding that "the technical committees have made significant strides."
It stresses a member of the Foreign Relations Committee in the House of Representatives that "Iraq is working hard to discuss the Kuwaiti archives and the remains of missing Kuwaitis in Iraq during Iraq's invasion of Kuwait in 1990," pointing out that "the compensation of Iraq to Kuwait, estimated at $ 11 billion will expire in 2015."
He adds Chuird saying that "Iraq does not have an interest in hiding Archive and missing Kuwaitis, so Iraq can not be returned to Chapter VII, but the existence of a new complaint against him, and this needs to be great strides difficult to achieve again."
The Undersecretary of the Kuwaiti Ministry of Foreign Affairs Khaled Al-Jarallah described a UN Security Council resolution as "an important step," adding that "the decision will reflect positively on Iraq's relations with Kuwait and the international community."
The neighbor of God that "Iraq showed significant cooperation in resolving the outstanding issues with Kuwait," he said, adding "for the missing property was handled by international coordinator under the provisions of Chapter VII, and now holds the job UNAMI in Iraq, the United Nations, so that remains of this compensation only little. " The Kuwaiti official stressed, saying "our brothers in Iraq Mentzmon in the payment of such compensation, and also confirmed that they will continue to pay this compensation to the end of the last installment."
In turn, attributed the Ali al-Jubouri, a professor of political science at Baghdad University, told the Kuwaiti Information Minister, for the survival of Iraq under Chapter VII, to "internal crises in Kuwait between the government and the opposition."
He believed Jubouri, in a statement to the "long" yesterday that "Iraq came partly from Chapter VII-VI and the remaining things minor technical," adding that "Iraq has completed many of the decisions relating to Chapter VII with the Kuwaiti side," diminishing of the "issues that still stuck because they will not hinder the country's exit completely from the provisions of Chapter VII. "
He criticized political science professor told the Kuwaiti Information Minister, noting that it "to Iraq and accused related to internal problems in the State of Kuwait."

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MP Faizullah: Opening of the American Bank of Iraq will support the banking sector and

29-06-2013

Baghdad (news) .. He Vice President Alljajna Finance MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, that the opening of a U.S. Bank branch in Iraq will support the banking sector and يطوره through gaining experiences and developments owned by that bank.

Faizullah said (of the Agency news): The initiative of the U.S. bank to open a branch in Iraq سينفع the Iraqi economy and the fact that the banking sector is one of the U.S. banks banks global Kettorh and the relevant international experience, so they will be able to contribute to the development of the country's economy.

He added: should the Iraqi banking sector two branches of government and private sectors to take advantage of the expertise possessed by U.S. Bank and international banks to develop their abilities and their work, especially since the Iraqi banks limited experience and is still working according to the old traditional systems.

This has opened the first branch of a U.S. bank in Iraq called Bank 'Krupp City' after receiving initial approvals by the Iraqi side to contribute to the development of the Iraqi economy. / End / 8.'s. M /

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Amer Abdul-Jabbar: our rights Amosobh the recovery of Kuwait in the legal and economic frameworks is the next step after the withdrawal of Iraq from Chapter VII

29-06-2013

Iraqi Media Network / / said former Transport Minister Amer Abdul-Jabbar Ismail said "the next step after the withdrawal of Iraq from Chapter VII unjust, is retrieve our rights Amosobh the from Kuwait in the legal and economic frameworks

Without the need for armed actions. Ismail said in a press statement on Friday that "we will seek to clarify the mechanisms by which Iraq could recover their Amosobh rights by the rulers of Kuwait, especially after the withdrawal of Iraq from Chapter VII and without armed procedures".



The minister addressed Ismail leaders Alsasien the in Iraq, said he "did not remains Sorry Ahjh the all partners in the political process as long as Iraq out of the pain of this unfair dismissal and which was the only ذريعتهم over the past period."

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Maliki congratulates Iraqis and the thanks of "security" out of the "VII": the biggest fight terrorism jihad

Thursday, June 27, 2013

Twilight News / congratulated Iraqi Prime Minister Nuri al-Maliki, on Thursday, the Iraqis after the UN Security Council voted to remove Iraq from the provisions of Chapter VII, and he thanked the Security Council, but said the country still faces "terrorism" must assign an international defeat.

The Security Council put Iraq after its invasion of Kuwait the summer of 1990 under Chapter VII, which resulted in the potential restriction Iraq's political, military and scientific and development in addition to the payment of compensation for their losses from the invasion and re-demarcation of the border.

Maliki said in a speech of congratulation to the Iraqis pursued "Twilight News" that what has been achieved today, "he removed the last obstacle to Iraq to exercise its role as external."

He continued, "Here are the constraints break down and become international resolutions from the past to restore Iraq's relationship to the natural," pointing out that "this is what he gets for not and قوفكم Dear honorable people."

But al-Maliki noted that Iraq out was not easy, he said that there was "hard work and long and can be half, we say that we emerged from the lesser jihad to the greater jihad," referring to Iraq's efforts in the fight against al Qaeda-linked organizations and the rebels.

He called unstable countries - Turning to Syria implicitly - to the need to pursue a political solution, saying that "time trials suffered by our people and pursued by the former regime established our conviction that the political solution the best solutions" to any disagreements or disputes.

Maliki assured the neighboring countries, especially Kuwait by saying "reassure everyone that Iraq can not be involved again in the policy that was followed by the regime of former President Saddam Hussein.

"I appeal to all the Arab countries that Aer s looking forward to relations based on common interests and non-interference in the internal affairs of countries, and this is the way to spreading prosperity in the world."

He noted that the "state of sectarian polarization, can not be out of escalation and end the state of citizenship, for the benefit of communities and components," noting that "it will put us in a state of instability, and will not survive one of their devastating effects, but I still think that the time is not too late."

"We must submit to dialogue and understanding   Instead of violence and the clash of arms. "

He thanked al-Maliki, the UN Security Council, saying "Our thanks go to Ban Ki-moon, who recommended sanctions, and thanks for the permanent members, and helped Iraq to get rid of Chapter VII."

Maliki urged the international community to help his country in the "fight against terrorism, extremism and tyranny and robbed peoples freedoms," he said, "will not be based in Iraq and a conduit for terrorism."

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Susan Saad: remove Iraq from Chapter VII came too late despite being deserving Iraqis

27/06/2013

 Described the leadership in the mass virtue Susan Saad remove Iraq from Chapter VII and lifting of UN trusteeship as a "decision came too late despite being deserving Iraqis and not a gift or ment of Kuwait or the United Nations."

She said in a statement today: "The Day the lifting of sanctions on Iraq should be a day to remember the years of suffering, poverty and injustice, those lost years of life of the Iraqi people over the generations since the early nineties to the present day."

It said the MP for the province of Basra: "Kuwait and the UN Security Council and the United Nations are well aware that the Iraqi people had مغلوبا on his command was not the decision-maker in the invasion of Kuwait in 1990, but the closest of the tyrant Saddam did not possess the courage to discuss it or warn him of the consequences of his adventures military fear of بطشه, but nonetheless pay Iraqis price policies of the former regime unjustly, and sold Furniture their homes to buy food and baby milk and medicine, and the displacement of many of them in the world and slept on the sidewalks, and we are still paying 5 percent of Iraq's budget as compensation unfair to Kuwait, as well as land granted by the the former regime of Kuwait by Resolution No. 833, like revenge of the sons of global civilization of Mesopotamia, who grew up on the pride and Shoumoukh ".

She Saad: "We are after those lean years must learn the lesson well, and we as Iraqis that are well aware that our unity is our strength, it will not benefit us but ourselves, hence should be on raising the trusteeship UN on Iraq days to unite the House of Iraq and an end to disputes and internal conflicts often leave an opportunity for the enemies of Iraq in traffic between us and sow the seeds of discord among us. "

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Economist: companies الاستثمارت the flow on Iraq after its exit from Chapter VII

26-06-2013

Baghdad (news) .. He favored an economist Hamid al-Musawi, the flow of international companies to invest in the country when Iraq would emerge from Chapter VII imposed on it by the United Nations.

Moussawi said (of the Agency news): The withdrawal of Iraq from Chapter VII pointless will enable the country to freely dispose his money frozen in international banks and removes him all restrictions that hinder the advancement of the country as well as to prevent the advent of global companies.

He explained: that the decision would encourage foreign investment to enter the Iraqi environment for business and investment, and therefore, Iraq will achieve its national sovereignty and full independence management of state funds and employment.

It is expected that the UN Security Council vote on June 27 on the current country out of Chapter VII after Iraq's commitment to the implementation of UN Security Council resolutions.

He had been fulfilled by Iraq with its obligations to pay 41 billion dollars to Kuwait for war reparations Iraq and Kuwait, where pay for the Iraqi people as a result of the policy of the former regime. / End / 8. N. R /

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Parliamentary economy: out of Chapter VII will enable Iraq to recover its funds frozen

06/23/201







The Commission on the economy and investment representative, on Sunday, the end of the provisions of Chapter VII, will enable Iraq to recover its funds frozen, and end the tax paid by the people, by the practices of the former dictatorial regime.

  A member of parliament from the Kurdistan Alliance, Mahma Khalil's (IMN), "The exit of Iraq from Chapter VII will raise the freezing of Iraqi funds frozen, and end the tax paid by the people, by the practices of the previous dictatorial regime."

Khalil stressed, that "Iraq has met all its obligations towards Kuwait, which makes it imperative for the international community to fulfill its obligations towards Iraq and the lifting of prosecutions on frozen Iraqi funds abroad."

  He said, "The people and the Iraqi government have tolerated a lot in order to remove Iraq from Chapter VII and the time now, conveniently out of this constraint, which greatly hurt the citizens."

  It is expected that the UN Security Council vote, to remove Iraq from the provisions of Chapter VII of money on 27 June, after the recommendation of the Secretary-General of the United Nations, Ban Ki-moon said in a report submitted to the Security Council, in which he said that Iraq has fulfilled all its international obligations.

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Housing: the salvation of dependency "Chapter VII" liberates us economically

06/23/2013 01:51







I went back and Ministry of Housing and Construction, on Sunday, Iraq would emerge from the provisions of Chapter VII of money, freedom from economic determinants, which was the reason for the delay in delivery of services to citizens.

  The agent said the Ministry of Housing, ÇÓĘČŃŢ Thistle's (IMN), "The salvation of Iraq from the provisions of Chapter VII of money is a departure from the economic determinants that was the reason for the delay in delivery of services to citizens."

  And among the thorns, that "out of Iraq from Chapter VII would enable it to manage its affairs without any parameters be the cause of the delay in delivery of services and infrastructure projects that you need all the cities of Iraq," expected to be "for Iraq returns significant economic contribute to the reduction of unemployment and poverty.

It is expected that the UN Security Council vote, to remove Iraq from the provisions of Chapter VII of money on June 27 of the current, after the recommendation of the Secretary-General of the United Nations, Ban Ki-moon said in a report submitted to the Security Council, in which he said that Iraq has fulfilled all its international obligations.

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Legal representative: Override Chapter VII will enable Iraq to put international

06/23/2013 03:06








According to the parliamentary legal committee, on Sunday, that Iraq would emerge from Chapter VII will bring his legal status in the international community, to what it was before the UN Security Council Resolution 838 of 1993, which was released by the dictatorial regime invaded Kuwait.

A member of the Legal Committee of Parliament, Mahmoud Hassan's (IMN), that "the withdrawal of Iraq from Chapter VII will restore the legal status of absolute in the international community, to what it was before the Security Council resolution No. 838 for the year 1993 by the entry of the former regime to Kuwait."

Hassan said, "The fulfillment of Iraq towards the implementation of this resolution calling for the United Nations lift the guardianship of Iraqi funds frozen abroad, returning Iraqi will his wealth and his absolute right to act."

  He added, "The withdrawal of Iraq from Chapter VII sign of hope to open new horizons in dealing with the countries of the world in the areas of development and investment.

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Deputy: Iraq is poised to play an international role after coming out of "Chapter VII"

06/23/2013 02:54












.

Deputy on the mass of the citizen, on Sunday, that Iraq will expand his role among the world after his release from Chapter VII of what has the capability and efficiency on the political and diplomatic level.

  Said Karim Silverline's (IMN), that "Iraq has a willingness to be a touchstone in the talks and global meetings, a leader of the Arab countries in this regard," pointing out that "Iraq has hosted the meeting (5 +1) on Iran's nuclear program was a successful meeting at the international level . "

  Silverline added, that "Iraq is different from Arab countries in many areas of military, cultural, political, and the first countries that renounce terrorism."

  It is said that the count for the withdrawal of Iraq from Chapter VII may start with the approach of the Security Council meeting on June 27 this month.

  The withdrawal of Iraq from Chapter VII victory would return Iraq to the leading position in the international arena.

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Watermelon: exit from Chapter VII is important and leads to the restoration of full sovereignty of the country

Sunday, June 23, 2013







{Baghdad: Euphrates News} Prime white mass, the beauty of watermelon, the importance of Iraq out of Chapter VII, stressing the need to get out of this item to restore full sovereignty of Iraq.

The melon told {Euphrates News} on Sunday that "out of the seventh item is very important, because the survival of Iraq under this heading means staying under the tutelage of the United Nations and the Security Council."

The Special Representative of the United Nations in Iraq, Martin Kobler, has shown in a press conference held in the {19} of June current, Basra province, said that "all things special item VII on Iraq ended and that the governments in Kuwait and Baghdad agreed and achieved what is for the benefit of the two countries" .

He watermelon that "if was lifted this item Vestrdja the full sovereignty of Iraq," adding that "Kuwait is the cause of delay in lifting this item, where exploited the opportunity and has Babtazar country."

The Prime Minister of Kuwait, Jaber Al-Mubarak Al-Sabah, arrived shortly before to Baghdad and was greeted by Prime Minister Nuri al-Maliki and Deputy Prime Minister Saleh al-Mutlaq and Foreign Minister Hoshyar Zebari, Minister of Transport Hadi al-Amiri and a number of officials.

As announced during a press conference that "the State of Kuwait sent to all members of the UN Security Council and the United Nations to a message to inform Iraq fulfill its obligations and Endowment of them can be treated within the Sixth item

Watermelon continued that "Iraq put under this item on the grounds that he upset the international security as a result of the wars of the former regime."

It is noteworthy that Iraq is subject since 1990 to Chapter VII of the Charter of the United Nations, which imposed after the invasion of the former regime of Kuwait in August of the same year, and this item allows the use of force against Iraq as a threat to international security, in addition to large amounts of frozen his assets Finance international banks to pay compensation to those affected by the invasion. ended 2 m

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Journalists Syndicate is preparing to celebrate the awards and the imminent withdrawal of Iraq from Chapter VII

Sunday, June 23, 2013

[Baghdad - where]

Preparing the Iraqi Journalists Syndicate to celebrate the imminent withdrawal of Iraq from international sanctions imposed on the UN Security Council under Chapter VII, after the former regime's invasion of Kuwait in 1990.

It is scheduled to hold a Security Council next Thursday [27 June current] special session reads the Secretary-General of the United Nations its own report on the steps of Iraq to resolve the outstanding issues with Kuwait, which is a vote of the Council to remove Iraq from Chapter VII and converted to Chapter VI.

The statement said the union has received all of Iraq [where] a copy of it, "he and the importance of this day which is seen as Iraqis door complete national sovereignty and Iraq's possession of wealth, and the foundations of its economy has prepared the union after a series of meetings held during the past few days under the chairmanship of Journalists Syndicate pro-Lami to put lines basic celebrate this day is a day of liberation from the constraints imposed on Iraq by the UN Security Council trusteeship over its wealth a busy schedule for this occasion. "

He pointed out that "the ceremonial part by thousands of journalists in Baghdad and the provinces as well as citizens from different segments of society, including the distribution of prize Baghdad major annual press contribution from the union to contribute to improve and provide the printed press and broadcast in Iraq after years of proliferation of newspapers, publications and radio and television stations in Iraq and to promote the march of the Iraqi press and encourage journalists to submit all have creations contribute to the development of journalism in Iraq. "

"It also comes the launch of the award after having made ​​Iraqi journalists Constellation great martyrs who sacrificed their blood to get information from the site of the event, and the delivery of free call and live image to the world Alojma where allocated cash prizes huge of [200] million dinars distributed to journalists, the winners of the competition under the terms of set for it. "

He pointed out that "the award and the number [24] awarded for best investigative survey and the best program television journalist and best software radio journalist and best television reporter and best interview and best columnist and best photo journalist and best cartoon and best young journalist and best material releases political, economic and cultural addition to the press and specialized sports and be involved within the category of only one of the award categories. "

The statement continued, "include ceremonial paragraphs art and songs for a number of singers Iraqis and poems as well as an exhibition of Carictar about placed seventh item and restrictions imposed on Iraq and shackled economy and wealth and the suffering of Iraqis as a result of these restrictions and the efforts and sacrifices made ​​to break these restrictions until the triumph of the free will patiently Iraqis and their sacrifices."

Saw the official relations between Iraq and Kuwait developments described was positive over the past months, to end the outstanding issues between the two countries, and to remove Iraq from the international sanctions imposed on it in the seventh item, by the UN Security Council and, most recently visiting Kuwaiti delegation to Iraq on 12 June under the chairmanship of Prime Minister Jaber Mubarak Al-Hamad Al-Sabah and the signing of several agreements and memoranda of understanding, will pave Iraq to get out of international sanctions, according to observers.

He called on the Secretary-General of the United Nations Ban Ki-moon in his report, which he read at a Security Council meeting held last Tuesday, "the UN Security Council to put an end to the threat of sanctions which still threatens Iraq since it invaded Kuwait in 1990, due to the improvement in relations between the two countries."

According to Kuwait's permanent representative to the United Nations, the Security Council will consider the topic at the 27th of the current month and he believes the resolution will pass without any hindrance. Ended.

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Jumaili: the government has made an exceptional effort to get Iraq out of Chapter VII

06/22/2013


BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - announced an MP for the Iraqi List and the unit Jumaili that the Iraqi government made Astinaúaa effort to get to the stage of removing Iraq from Chapter VII.

Jumaili said in an interview with her (IMN) "The Iraqi government represented by the Ministry of Foreign Affairs made an effort Atsttnaúaa the can not be undeniable or ignored and must be supported by all the political blocs."

She Jumaili, a member of the Parliamentary Services Committee that "the Iraqi government to be reckoned with Iraq would emerge from Chapter VII even though he was supposed to come out since the first years that followed the overthrow of the former regime," according to what she said.

She added that "Iraq will be able to manage and protect his money and does not need to be a party to protect from creditors Altjaran the well to be out of Iraq from Chapter VII will contribute to the development of services and the return of Iraq to put the former regional."

Calling for political blocs to deal with this done fairly and away from political objectives and electoral purposes, she said.

The Secretary-General of the United Nations, Ban Ki-moon said in a report submitted to the Security Council, remove Iraq from the provisions of Chapter VII after Ivaúh all its international obligations.

It is expected to vote on the Security Council to remove Iraq from Chapter VII on June 27 after the current Iraq's commitment to the implementation of all UN resolutions.

These recommendations are internationalist important achievement is calculated on the successful foreign policy of the government.

These recommendations emphasize the UN that Iraq returned stronger than the events of 1990, which saw the occupation of the dictatorial regime of the State of Kuwait.

The Secretary-General of the United Nations in his 35th report to the Security Council and the Security Council resolution 1284 of 1999: "It commends both Iraq and Kuwait for their efforts which led to the solution of outstanding issues between the two countries to remove Iraq from Chapter VII."

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The Iraqi government is optimistic to get out of Chapter VII

June 21 / June 2013 11:29

Iraqi government expressed optimism that the country's exit from Chapter VII which restricts the disposition of the funds.

The media adviser to Prime Minister Ali al-Moussawi told the newspaper Al-Hayat that "Iraq carried out the terms of his release from Chapter VII, and soon we're done that stage."

He explained that "this chapter depriving the country of dispose بإيراداتها without immunity or international protection, due to the invasion of Kuwait |.

The Secretary-General of the United Nations, Ban Ki-moon called on the Security Council to remove Iraq from Chapter VII, and put an end to claim بمعاقبته.

Turning to the negotiations between Baghdad and Kuwait, and added that the two countries reached the "good level of confidence and opened a new chapter in their relations."

And asked the Council to "terminate the threat of sanctions or the use of force on the Council to discuss this issue next week."

And took Iraq and Kuwait in recent months many procedures to settle their differences on general aviation companies and restoration of monuments border.

In a letter to the United Nations supported the Kuwaiti Foreign Minister Sheikh Khalid Al-Ahmad Al-Sabah, the Secretary-General's proposal.
Ban acknowledged that the issue of missing Kuwaitis «still hurts families concerned, but stressed that the Iraqi government has made" commendable effort "to address them.

He added: "If the Council adopted my recommendations, Iraq will no longer be covered by Chapter VII in relation to this file, and will be an additional step towards the restoration of the former international stature." He added: "I recommend that the Security Council by subjecting only humanitarian contentious issue between Iraq and Kuwait with Chapter VI of the UN Charter."

It is expected that the Security Council decide the subject at a later date of the month.

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Ban Ki-moon calls for the lifting of all sanctions imposed on Iraq because of the invasion of Kuwait

19/06/2013

BAGHDAD (Iba) .. UN Secretary-General Ban Ki-moon to move forward "to lift all the sanctions imposed on Iraq under Chapter VII about 23 years ago, after the invasion of Kuwait in 1990."

And recommended that it be dealing with the remaining issues between Iraq and Kuwait on missing Kuwaitis and Kuwaiti property damages, under Chapter VI of the UN Charter, which urges States to resolve conflicts by peaceful means.

And Ban Ki-moon said in his report, which was published Tuesday, "if the Security Council agreed to my recommendations, Iraq will emerge from Chapter VII with respect to this file and will approach a step to restore international stature. A goal sought by long lead this country after the overthrow of the regime of Saddam Hussein. "

For his part, Iraqi Foreign Minister Hoshyar Zebari said that if the Security Council approved the recommendations of Ban Ki-moon, the only commitment from the rest of Iraq under Chapter VII is to pay the amount of $ 11 billion owed to Kuwait from the rest of the amount of compensation.

The Kuwaiti delegation was headed by Prime Minister Jaber Mubarak Al-Hamad Al-Sabah visited Iraq last week and signed several agreements and memoranda of understanding. The two sides stressed their keenness to complete the remainder of the outstanding issues. (End)

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Kubler passes in Basra from Kuwait confirms: Alakoyat will raise about Iraq before the end of June

19/06/2013



Announced the Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, on Wednesday, that the international sanctions imposed on Iraq will be filed before the end of June, the current, and stressed the most important issue was to prevent that is the issue of the demarcation of the border, "and now has been settled in full," While expressed the new Council of Basra optimism that contribute to open a new horizon of cooperation with Kuwait, observers warn that the missing file and the documents will remain politically mines for Iraq.

The representative said internationalist in Iraq, Martin Kobler during a joint press conference with the head of the provincial council in Basra, Khalaf Abdul Samad in the building of the provincial council in Basra, which has had this afternoon after the conclusion of his visit to Kuwait, and attended (range Press), "The United Nations will Bouktoadtha the end of June this to raise the seventh item on Iraq because the most important issue in this item is the demarcation of the border has been fully agreed upon. "

He Kubler that "there is a step should be to talk about the development of economic relations between Iraq and Kuwait in the post-Chapter VII," pointing to "the existence of specialized committees to continue the search for missing Kuwaitis, as well as resolve the file Kuwaiti documents and returned to Kuwait."

For his part, the head of the provincial council in Basra, Khalaf Abdul Samad said that "Iraq has been helpful in resolving a border with Kuwait for the lifting of sanctions," pointing out that "Basra will be allocated a large part of the investment funds in the agreement between the two sides of Iraq and Kuwait, which requires an investment of money Kuwaiti private debt owed by Iraq in the establishment of investment projects, "he said.

Abdul Samad pointed out that "the Basra Governorate Council would be the Department of Foreign Relations means for activating international relations with neighboring countries and activation of the twinning between Basra and the global economic cities."

For his part, said political analyst Haider Saad said in an interview to (Presse term) "The file demarcation of the border between Iraq and Kuwait had settled but this file is not likely to resolve the issue of the lifting of international sanctions on Iraq to the presence of other files relating to the Kuwaiti missing persons and documents."

He Saad to "My missing Kuwaiti documents are mines politically through which Kuwait object to remove Iraq from Chapter VII," noting that "Iraq was helpful dramatically and negotiated the Kuwaiti side of the logic of the weakest and this may open the door to the other party to dictate to his opponent what he wants. "

Promised Saad that "Iraq بمفاوضاته about the lifting of sanctions it lost both materially and morally," noting that "countries fighting for a few meters, but Iraq has lost hundreds of kilometers of territorial negotiations as well as the loss of oil wells and part of the port and its sovereignty over the corridors navigation."

The Secretary-General of the United Nations Ban Ki-moon recommended in a report on Tuesday to the UN Security Council remove Iraq from Chapter VII after fuller lot of obligations political obligations to Kuwait, also recommended that referred to the remaining issues of a humanitarian nature between Iraq and Kuwait relating to missing persons and Kuwaiti property to the provisions of Chapter VI of the UN resolution, which urges countries to resolve their disputes through peaceful means.

The coordinated foreign policy in the European Union Catherine Ashton praised after meeting Prime Minister Nuri al-Maliki, in Baghdad, on Monday, June 17, 2013, the "success" of Iraq to improve relations with Kuwait.

The Ministry of Foreign Affairs, on June 13, 2013, that representatives of Iraq and Kuwait handed UN Secretary-General Ban Ki-moon sent a joint letter from the Governments of the two countries, including Iraq's commitment to international resolutions to get out of Chapter VII, in what was described Ki-moon, the agreement between the two countries as "historic moment."

The delivery joint letter to Ban Ki-moon, a day after Foreign Minister Hoshyar Zebari, Wednesday, June 12, 2013.

And signed both Iraq and Kuwait (May 28, 2013) memoranda of understanding concerning the arrangements for maintenance of the physical-border joint and finance the construction of a residential complex in Umm Qasr, indicating that the Kuwaiti side expressed its readiness to help Iraq out of the provisions of Chapter VII of the Charter of the United Nations.

The Ministry of Foreign Affairs announced in (the 26th of May 2013), signed by Foreign Minister Hoshyar Zebari with Martin Kobler Special Representative of the Secretary-General of the United Nations and head of UNAMI in Iraq, the extradition agreement the amount of damages assessed by the Security Council in its resolution No. 899 of 1994 to compensate farmers Iraqis who have been affected by their farms as a result of the demarcation of the border between Iraq and Kuwait during the period between 1991 - 1994 ", set out will be followed soon another step to build a modern residential city of Umm Qasr to accommodate Iraqi families affected by the same reason.

The Iraqi Council of Ministers announced in (the seventh of April 2013), the decision to compensate the victims of the demarcation of the border with Kuwait in the province of Basra, 240 million Iraqi dinars, the disposal of the emergency budget for the current year 2013.

The source revealed border guards of Iraq, in (the seventh of March 2013), about a meeting between Iraqi border guards and Kuwaiti Committee of the United Nations to study the implementation of the agreements between the governments of the two countries to demarcate the new borders between them, stressing that there are 250 houses inhabited by Iraqis in Umm Qasr will be cleared of its population and turn the territory to Kuwait's sovereignty, according to those agreements, while the local government of Basra expressed displeasure "to force Iraq to give up its territory.

The UN Security Council issued a year (1993) Resolution No. (833) which provides for the demarcation of the border between Kuwait and Iraq, and the extended length (about 216 km), and the application of the decision in part by the former regime to the deduction of large swathes of Iraqi territory and annexed to land Kuwaiti territory included in the Safwan area and in Umm Qasr area since the mid-nineties became a whole within the limits of the State of Kuwait.

He objected to a lot of Iraqi officials after the fall of the former regime in 2003 to complete the procedures for the demarcation of the land border between the two countries in accordance with Resolution No. 833, considering that the decision imposed on Iraq under international pressure and in unusual circumstances.

The area has seen the border between Iraq and Kuwait early March 2013, demonstrations carried out by residents of Umm Qasr in protest against the construction of the separation wall between the two countries, and threatened with exposure to Kuwaitis in the event of continuing built, also called on Congress Basra in the Iraqi parliament (12 March 2013), the Governments of Iraq and Kuwait and the United Nations to stop the new demarcation of the border procedures and rejected annexation of the oil wells in the region to the Kuwaiti sovereignty until reaching a solution satisfactory to both parties and reconsider the agreement signed by the previous regime with Kuwait.

Iraq has been under since the year (1990) under Chapter VII of the Charter of the United Nations, which imposed after the invasion of the regime of former President Saddam Hussein of Kuwait in August of the same year, and this item allows the use of force against Iraq as a threat to international security, in addition to large amounts of frozen its assets in the financial global banks to pay compensation to those affected by the invasion.

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Parliamentary economy: central bank issuing demands accurate data on the size of the monetary reserves and whereabouts

16-06-2013

Baghdad (news) .. Ruled out the decision of the Commission on the economy and investment MP / coalition of Kurdish blocs / Khalil Mahma, size exceeds the monetary reserves of the Central Bank (80) billion dollars over the next month of July, stressing that he will give strength to economy and يجنبه of any global economic risks.

Khalil said (of the Agency news): The sovereign balance of foreign currency at the Central Bank amounted to more than 73 billion dollars before six months from now, and exists in various countries around the world in the form of portfolio investment in the form of investments.

He added: that the central bank demands to issue monthly data are correct and ultra-precision about the size of the Central Reserve and its forecast for the amount exceeds more than 80 billion dollars during the month of July next, find out whereabouts in the world's banks.

And: that increasing the balance of the sovereign foreign currency will give the strength and durability of the Iraqi dinar and يجنبه state economic risks in the country, pointing out that in the event of reaching the size of the reserve to more than 80 billion dollars, it means that every dinar both inside and outside the country covered b (2.5), because the size of the money supply of the national currency of 33 trillion Iraqi dinars.

The governor of the Central Bank of Abdel Basset Turki stressed that the Bank's reserves of hard currency will exceed the $ 80 billion during the month of July. / End / 8.'s. M /

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End of the month automatically begins to leave Iraq from Chapter VII

2013-06-15



Undersecretary of the Kuwaiti Foreign Ministry Khaled Al-Jarallah that there is a memorandum prepared to be adopted soon between Iraq and Kuwait to develop the northern oilfields and then direct extraction of oil in the light of this note. Indicating that the end of the month will begin Iraq automatically Belkrog of Chapter VII final.

The newspaper quoted Kuwaiti politics today Jarallah say about whether the Iraqi side has touched to the port of Mubarak Al-Kabeer during the visit of Prime Minister of Kuwait to Baghdad: not touching to this subject and the port of Mubarak proceeding according to plans drawn and there is no new about it and نتمى to start work there soon the reception of ships and spin the wheel in this vital port too, which will not be in the interest of Kuwait only, but also for the benefit of Iraq.

He stressed that "the success of the visit of Prime Minister Sheikh Jaber Al-Mubarak to Iraq all standards and were positive and fraternal, transparent and very frank was addressed to all the files did not rule out any particular file at all, adding that there are common understandings about these files that are related to the relationship of bilateral and brotherly relations between the two countries, and we went to Baghdad to turn the page on the past and to establish relations Makhrh respect, understanding and good neighborliness and common interests. "

And on what was said by Foreign Minister Hoshyar Zebari said the amount of compensation remaining on the Iraq / / 11 billion dollars and the ball is now in the court of Baghdad out of Chapter VII to pay this amount may have once said, "The compensation is going according to its schedule and Iraq is committed to have paid a one-time or continue to be paid according to schedule until mid-2015

He denied "address or search on the subject of Kuwaiti debt owed ​​by Iraq during a visit to Baghdad.

He Jarallah: When we say that we helped Iraq Yes, we worked with our brothers in Iraq out of Chapter VII-VI and this result in fulfillment of Iraq's international obligations, particularly with regard to the resolution / 833 / and we expect over the next week or at the end of this month to begin the transition to our brothers in Iraq and exit Chapter VII of the final.

He pointed out "that the talks Kuwaiti - Iraqi touched on the situation in Syria, because what happens where a painful thing and a humanitarian catastrophe and therefore it was necessary to talk about him and his potential to get out of this ordeal and disaster experienced by our brothers in Syria.

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Finalize arrangements for the exit of the country from Chapter VII end of the month

06/13/2013 09:16



Iraq and Kuwait signed six agreements and memoranda of understanding covering aspects of economic, commercial, cultural, environmental and diplomatic and transport.

While Prime Minister Nuri al-Maliki move Iraq's relations with Kuwait to a new stage, informed sources revealed a tendency Baghdad early next week to New York to finalize arrangements for the exit of the country from Chapter VII end of the month, after the approval of Kuwait and ensure the vote Russia on it.

A statement from the prime minister received "morning," a copy of it on Wednesday: "Prime Minister Nuri al-Maliki held a bilateral meeting with his Kuwaiti counterpart Sheikh Jaber Mubarak Al-Hamad Al-Sabah, confirmed through transmission of the relationship between Iraq and Kuwait to a new stage," adding that "This meeting was followed by a joint meeting in the presence of members of the Iraqi and Kuwaiti delegations. "

The statement noted that al-Maliki said in a speech opened the session of the Joint Meeting: "The Iraq would not only override the crisis, but will open with Kuwait, a new era of cooperation and the development of political and economic relations, and in the areas of investment, energy, transport and the environment," calling "businessmen and the Kuwaiti private sector to take advantage of the many investment opportunities available in Iraq, and hold a joint conference of businessmen from both countries to discuss opportunities for cooperation in this area. "

For his part, Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah "open a new stage in relations, Iraq - Kuwait, beyond which address the legacy turn the page on the past, to a wider relations in all fields."

In a joint statement the two sides of Iraq and Kuwait came after the end of their meeting yesterday, stressed the "strengthening and developing bilateral relations and push for new horizons and further communication and coordination at all levels, reflecting the level of development in bilateral relations between the two brotherly countries," pointing out that "the two sides reviewed during the meeting the development of bilateral relations between the two countries, and expressed their satisfaction at the progress of tangible progress in the areas of cooperation between the two countries and issues of common interest. "

The statement added that he "was signed a number of agreements and memorandums of understanding included aspects of economic, commercial, cultural, environmental, diplomatic and transport," noting that the two sides "agreed to proceed with the work to strengthen the process of bilateral cooperation in all fields and work to open new horizons to achieve the aspirations of the leaderships and peoples of the two countries brothers, and continue and continue coordination and consultation regarding all regional and international developments and work on strengthening security and stability in the region. "

In the meantime, informed sources revealed the "morning" that Foreign Minister Hoshyar Zebari will travel next weekend to New York to finalize arrangements for the withdrawal of Iraq from Chapter VII.

The sources pointed out that he will be in the 27 of this month to vote by the Security Council on Iraq would emerge from Chapter VII to Chapter VI after the approval of Kuwait and ensure Russia's vote to approve it.

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Kuwaiti Premier Visits Iraq, Tightening Bonds

13 June, 2013

Kuwait's prime minister discussed ties with his Iraqi counterpart in Baghdad on Wednesday, signaling improving relations between neighbors still working to overcome the more than two-decade legacy of war.

The warming bonds between Shiite-led Iraq and Sunni-ruled Kuwait are noteworthy in a region increasingly plagued by the sectarian divisions running through Syria's civil war and Iraq, which is struggling to contain its worst eruption of violence in years.

Iraqi Prime Minister Nouri al-Maliki personally greeted Sheik Jaber Al Mubarak Al Sabah on a red carpet on the airport tarmac before the two men sat down for talks. Officials later signed a series of agreements aimed at improving bilateral ties in the economic, transportation and other sectors.

The leaders hailed the latest set of talks — one of several high-level meetings between the countries in recent years — as the start of a new chapter in their relationship.

"We got rid of a heavy burden and turned the page from the past toward broader relations in all fields," Sheik Jaber said in a statement issued by al-Maliki's office.

Iraq and Kuwait, a close U.S. ally in the oil-rich Persian Gulf, have been making progress in mending ties frayed by then-Iraqi dictator Saddam Hussein's 1990 invasion of his southern neighbor, setting off the first Gulf War.

U.N. Secretary-General Ban Ki-moon welcomed "the growing momentum for the full normalization of bilateral relations between Iraq and Kuwait," U.N. deputy spokesman Eduardo del Buey said in New York.

Ban spoke to the Emir of Kuwait and al-Maliki before a meeting with ambassadors of the two countries Wednesday, del Buey said.

Officials on both sides expressed concern about the civil war ravaging Syria, where largely Sunni rebels are battling forces loyal to the Iran-backed regime of President Bashar Assad. The fight is drawing in foreign militants from Iraq and other countries on both sides of the conflict.

In response to questions about the civil war in Syria, Iraqi Foreign Minister Hoshyar Zebari repeated Baghdad's stance that it does not condone the movement of any militants to Syria. He sought to make clear that Iraq — officially neutral in the conflict — was not choosing sides.

"We have contacts with both the regime and the opposition," he said. "The fighters' travels are happening without the knowledge of the government."

There are signs that the aftereffects of Iraq's 1990 invasion are receding.

Relations took a step forward last year when Kuwait's ruling emir traveled to Baghdad to attend an Arab League summit. He was the only leader from the Sunni-dominated Arab Gulf states — wary of Shiite powerhouse Iran — to attend the meeting.

Kuwait and Iraq last year reached a deal to settle a Saddam-era legal dispute that had long dogged Iraq's national airline and was a major sticking point between the countries. Kuwait's parliament earlier this year approved the accord, under which Baghdad will pay $500 million in compensation to Kuwait's national carrier for damages caused during the Iraqi occupation.

The disagreement centered on Kuwait's accusations that Saddam's regime stole 10 airplanes and millions of dollars' worth of equipment and spare parts during the invasion. Kuwait earlier demanded $1.2 billion in reparations, but Iraq's postwar leaders resisted.

In February, an Iraqi Airways flight landed in Kuwait for the first time since Saddam's invasion. Officials hope the ceremonial flight will lead to closer commercial ties.

Iraq continues to pay off billions of dollars of war reparations to Kuwait. It expects to complete those payments by 2015, according to Zebari.

Elsewhere in Iraq on Wednesday, gunmen killed provincial election candidate Luay Abdul-Wahid in a drive-by shooting in the restive northern city of Mosul, according to police and hospital officials. They spoke on condition of anonymity because they were not authorized to release the information to journalists.

Iraq held elections for provincial council candidates in much of the country in April, but authorities delayed voting in two Sunni dominated provinces, Anbar and Ninevah, citing security concerns. Mosul is the capital of Ninevah province. After Baghdad, it has been one of the hardest hit areas in terms of violence in recent months.

Iraq is weathering its worst wave of bloodshed in half a decade, with nearly 2,000 people killed since the beginning of April. The upsurge is reviving fears of a return to widespread sectarian fighting.

End.

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Economic parliamentary: the low exchange rate of the dinar against the dollar due to the failed policy of the Central Bank

Sunday, June 2, 2013

The parliamentary economic committee attributed the continued decline in the exchange rate of the Iraqi dinar against the dollar to the central bank's policy "failed".

The central bank has promised to take measures to raise and stabilize the price of the Iraqi dinar as it was in the past, but the impairment and the exchange rate of the dinar continues.

He said the Commission's decision Mahma Khalil told all of Iraq [where] that the continuation of the low exchange rate of the dinar is the result of failed political central bank and keep supply and demand and the reason for this policy recent changes on the management of the bank in addition to that affect and extend the government on the powers of independent bodies, including the Central Bank. "

He added that "the central bank today takes the directives and decisions of the government more than it is committed to the legislative side, although the Constitution provides that the bank linked to the House of Representatives."

He said Khalil "As the Iraqi environment has become a result of current conditions environment expelling the foreign currency and not attractive her and citizens due to lack of customs tariffs and the absence of regulations, the legislative, the goods enter the Iraqi market from different المناشيء a result there is no law on Tariffs customs and such a number of factors led to the low price Iraqi dinar exchange. "

Observers believe Economists and analysts said the increased turnout to buy the dollar has led to a significant drop in the price of the dinar and attribute this to smuggle most of it will offer daily Central Bank of dollars abroad.

The Iraqi Central Bank announced shortly before the new procedures limit the availability of the U.S. currency in markets where demand to buy them, amid suspicions suggest the smuggling of large amounts of hard currency in Iraq for neighboring countries.

And issued the CBI, new instructions to stabilize the exchange rate of the Iraqi dinar against foreign currencies select the stakes weekly for banks and money transfer companies and trading firms currency from the dollar is estimated according to the capital of each of them, and we will increase and decrease the stake against the commitment of all of them deliver the amounts they want customers citizens.

The central bank starts to put the dollar at an auction for the sale of foreign currency at subsidized prices and the lowest of the real exchange rate in the market to support the dinar. "

Observers fear stop CBI those auctions and then multiply the value of the dollar against the dinar. "

The central bank is facing charges for the staff in conjunction with officials in the state with corruption and smuggling of currency Bank is currently subject to investigations affected province former Shabibi, who left Iraq several months ago and no longer fear of arrest according to the warrant.

Employees complain and retirees who receive their salaries in dinars from price rises, and that their salaries are no longer sufficient to meet their needs and that the rise in prices has included real estate and rentals, as well as transportation, food and clothing. 2 ended.

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Central Bank of Iraq is suing one of the members of the House of Representatives

Sunday, June 2, 2013

The Iraqi Central Bank, on Sunday, he would sue one of the members of the House of Representatives for insulting the bank, reiterated his claim politicians or wishing wading in such subjects standing on the health issues that they have, especially since some are real and illogical.

The bank said in a statement received by the agency Ambassador News ", a copy of" one members of the House of Representatives said in a television interview that the central bank has deposited in three Arab banks billion dollars interest rate of 3%, "noting that" this MP is the beginning of what is going on, as the mechanism adopted at the bank is a deposit with the central banks only in countries that have its credit rating more than good, and is performed by a decision of the Board of Directors of the Bank. "

The bank said that "these conversations misleading used to meet the Bank's policy Avenue in uprooting the corrupt and parasites, and his defense of the men bankers serious and actors in building the economy of Iraq," noting that "confuse the information public and shuffling papers in front of him does not constitute an abuse of the central bank and the banking system only, but also to the system of national effort to build the institutions and support the economy and weakens confidence in any decisions and mechanisms can be pursued by the state. "

The bank that he "reserves the right to legal establishment of a lawsuit over what was stated in the interview, which made ​​this MP from abuse and misleading to the Bank's work," reiterated its call "for politicians or wishing to go into such topics, stand on the health issues that they have, especially since some are not real and illogical for a specialist priori. "

The bank said that "access to these topics by the bank will not lose these credibility if their destination reform."

The CBI confirmed, on 19 May 2013, that the statements unauthorized confused the market and led to losses for businessmen and investors, resulting in losses for investors and businessmen, noting that there was no justification for such statements in economic terms.

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