Kuwait declares its agreement to postpone the payment of compensation for Iraq to one year

[yota691]

Kuwait declares its agreement to postpone the payment of compensation for Iraq to one year

Thursday 30-06-2016 | 12:07:27

 

 

 

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Twilight News / confirmed the Kuwaiti ambassador to Baghdad, Ghassan Al-Zawawi on Thursday the issuance of financial guidance from his country to postpone the financial compensation owed by Iraq by the invasion of the former regime of Kuwait in the early nineties of the past century.

According to a statement issued by the Ministry of Finance, he said that "the Minister Hoshyar Zebari met on Thursday, Ambassador of Kuwait Ghassan Al-Zawawi, and discussed with him the results of the visit" fruitful "to the State of Kuwait and his meeting with Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and officials and their understanding of the current situation in Iraq and the stand of Kuwait government and the people with him in overcoming its crisis financial and economic as well as his war to fight and eradicate terrorism. "

The statement added that "the Kuwaiti ambassador stressed the issuance of financial guidance to agree to the postponement of the repayment period for a period of one year ending on the first of January 2018, out of brotherly firm relations between the two countries and the responsibilities of the State of Kuwait within aimed to help the brotherly Iraq international coalition to overcome the critical stage through which the Aldaasha the face of terrorism and the decline in world oil prices to be without prejudice to the provisions of the relevant Security Council resolutions.

[rv2016]

Kuwait agree to postpone the payment of reparations Iraq for one year

 

2016/06/30

 

 

Long-Presse / Baghdad

 

Kuwait agreed on Thursday to postpone the payment of reparations owed by Iraq for a period of one year resulting from the occupation of the Gulf emirate in August 1990.

 

A statement by the Ministry of Finance received (range Press) copy of it, "Finance Minister Hoshyar Zebari, met on Thursday, Ambassador of Kuwait Ghassan Al-Zawawi and discussed with him the results of the fruitful visit to Kuwait to meet with Emir of Kuwait Sabah Al-Ahmad Al-Jaber Al-Sabah and officials and their understanding of the current situation in Iraq and the stand Kuwait government and the people with him to overcome the financial and economic stayed with him, as well as his war to fight and eradicate terrorism. "

 

The statement added that "the Kuwaiti ambassador told Zebari, the issuance of financial guidance to agree to the postponement of the repayment period for a period of one year ending on the first of January 2018, out of brotherly relations established between the two countries," noting that "Zawawi confirmed, that the decision is part of the responsibilities Kuwait within the international coalition aimed to help the brotherly Iraq to overcome the critical stage through which Aldaasha in the face of terrorism and the decline in world oil prices that Emms that the provisions of the relevant Security Council resolutions. "

 

The Iraqi-Kuwaiti relations, witnessed great development, especially after resolving many of the outstanding issues, including, but not limited to, lift the ban on Iraqi Airways after the cancellation of the special suits for damages against it, and install the demarcation of land borders, and accept delayed payment of compensation during 2015 .

 

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[Boozer]

I think this was also listed on the IMF web site.. Good of Kuwait to hold off to let Iraq get on there feet and hopefully pay in there own money and not USD 

[Wiljor]

23 minutes ago, Boozer said:

I think this was also listed on the IMF web site.. Good of Kuwait to hold off to let Iraq get on there feet and hopefully pay in there own money and not USD 

Maybe that's the idea my good friend Boozer