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In figures .. Know the revenues and disbursements of the Development Fund for Iraq and the compensation paid to Kuwait

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2 hours ago, nannab said:

Well VP al-Nashi has a ready made list to start with I would say . Wow.

 

 

Vienna Sausage for everyone!

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Dr. Mazhar Mohamed Saleh *: Towards the settlement of official indebtedness
Foreign Affairs of Iraq * *: Terms of the Paris Club agreement

Club Terms
With his official creditors group

 

On 21 November 2004, the Republic of Iraq signed an agreement
From Paris Club countries, under which they received a reduction of 80% of Iraq's total debt
Sovereign with that international Group of 19 which has reached its total debt on
Countries

 

Iraq up to the end of January 2004 is about 9, 38 billion Durar in the total value of
The initially estimated debts of the pald at that time by about 128 billion Dualler (which was called
Pre-1990 and processed by stages:
1. Address the origin of religion Treatment Principal
A third phase was adopted to achieve 80% reduction in external debt:
Stage: L Phase
30% of total debt (as it was) was written off on 1/January 2005, as
Iraq to reduce the amount of 6, 11 billion dualler.
Phase 2: LL Phase
Further reduction of 30% of total debt as soon as Iraq signs an agreement 

 

Dr. Mazhar Mohammed Thalh towards settling Iraq's foreign official debt page 2 of 5
Arrangements by – Stand/SBA with the Monetary Fund
Billion doaler (i.e., at the time of the international signing, the reduction at this stage was about 6, 11
The programme with the Fund at the end of 2005. )
The remaining 40 (% of the debt at this stage) was scheduled for a period of 23 years, including
Grace period of six years.
Phase 3: LLL Phase
Another 20% final total reduction achieved by Iraq
On total debt, conditional
Of the SBA programme with the International Monetary Fund referred to in the maintenance and updating
Note the amount of the reduction for these results within the third year from the date of signing the programme. That
The stage was about 8, 7 billion Doaler.
To reduce the total
Thus, the debt treatments were terminated according to the third stages referred to above.
Iraq's foreign indebtedness to the Paris Club countries (19) of the 9, 38 billion Doaler to become
About 8, 7 billion doaler (i.e., 80% reduction) provided that the value is equal
The debt of religion with NPV net present value. For example, the debt of the sector was deducted
In particular, 35 million donaler and less per creditor (by private ratio), small debts
Almost 90% of the debt is out. She paid a benefit
The debtors in question are in cash (without scheduling)
About 10% of the value of the debt, which is equal to the discount rate of 80% if
Scheduled on condition that the value of the debt is equal to the net present value of the NPV. And we are on
For example, Iraq has paid approximately 450 million to thousands of creditors
Leon Dualler Cash
Small businesses for their dues of 4.5 billion dualler and a discount rate of about 10%
Almost. It is noted that the United quality is the first to reduce its indebtedness on the origin of religion
Iraq is 100%, and the Russian economy has reduced its official debt to Iraq by more than 

 

Dr. Mazhar Mohammed Thalh towards settling Iraq's foreign official debt page 3 of 5
On 94%, the two distinguished members of the Paris Club group are added to other countries
It has reduced its sovereign debts to Iraq by 100%, such as Cyprus, Slovenia and Malta.
(all from a group of countries outside the Paris Club.
and Algeria) recently

 

 Interest Treatment Treatment Interest-2
Interest accrued on the remaining 20% of the debt was capitalized on the accrued interest capitalization
On the remainder of the total debt to support system" rel="">support (wash years) the six (after the signing of the agreement
Paris Club and according to the details built in the below: 

 

السنة رسملة الفائدة Interest Capitalization

100% 2005

100% 2006

100 % 2007

90 % 2008

73 % 2009

47 % 2010 2011 

Start payment after the expiration of the period

 

Dr. Mazhar Mohammed Thalh towards settling Iraq's foreign official debt page 4 of 5
 It is to be noticed that six years after the easing of the burden of cash flows (i.e., assistance to Iraq
To postpone the payment of the origin of the debt with a high degree of interest capitalization (total debt has become
Gradual payment of 17 years and a total of 34 (equal) semi-annual payments of debt wash a period of
It is 8, 7 billion Doaler. The payment of the debt was made in accordance with the principle of the reckless religion
Amortization) on 1/January/2011 and estimated) Negative 37, 0% and the second installment
On the date 1/January/2012 and estimated (negative 39, 0)% and the last batch will be in 1/
January/2028 and (negative 07, 5)% and it is one of the biggest payments that will be realized in that
The time. The annual benefit of the remainder of the debt that has been scheduled is about
 . 5, 8% Note
The terms of the Paris Club agreement apply to Iraq's debts with all its creditors (sovereign debt of
Outside the 54 countries of the Paris Club and the commercial debt and the many six thousand sides
Commercial creditor (within the principle of treatment equal approach in international law, the fact that the Convention
The Paris Club is a standard agreement that applies to all of Iraq's debts before 1990.
In conclusion, in order to implement the provisions of the Paris Club Convention and ensure its safe application, the appointment
The prestigious French banking financial institution known as LAZARD to perform the functions of financial advisor
and follow-up of the settlement mechanism of Iraq's scheduled debts with the group of Paris Club countries with outstanding.
(*) Iraqi researcher and economic clerk, Deputy governor of the former Central Bank and financial advisor
To former prime Minister Dr. Haidar al-Abadi
(* *) led the negotiating team to reach the Paris Club agreement to reduce the foreign indebtedness of the Republic of
Iraq's Adel Abdul-Mahdi and participated by a technical team composed by Dr. Sinan
Al-Shabibi, governor of the former Central Bank of Iraq, Dr. Aziz Jaafar and Dr.
Appearance of Muhammad Saleh and Dr. Ahmed Brihe Legal consultations were held with the office
International law Firm (Clare Gatlop) and other technical consultations with the International Monetary Fund
Of the decision of the International Council
Implemented in May 2003, No. 1483. After standing on

Papers in public debt
Dr. Mazhar Mohammed Thalh towards settling Iraq's foreign official debt page 5 of 5
Results of the so-called analysis Sustainability DEBT
, the signing ceremony of to support system" rel="">support was held at Paris Club headquarters on 21 November
– November 2004, which led to adherence to write off more than 100 billion dollars of
Iraq's foreign debts.
Copyright is reserved for Iraqi network. Allows re-publication, subject to the source
Iraqi network. 29 October 2

http://iraqieconomists.net/ar/wp-content/uploads/sites/2/2018/10/ضوء-على-شروط-إتفاقية-دول-نادي-باريس-د.-مظهر-محمد-صالح-.pdf

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Monday 12 November 2018 5:28 pm
Number of readings:

irq_1840317655_1542032930.jpg&max_width=300


BAGHDAD - The Iraqi Defense Ministry on Monday sent a letter to Iraqi citizens on the remains of Kuwaitis and the Amiri Diwan of the Gulf War.

"The Ministry of Defense urges citizens who have any information on the remains of the Kuwaiti-Americans who lost in the Gulf War or about the missing archives of the Emiri and Kuwaiti property," said a ministry statement received by Iraq News.

"Call the number (07901945476) Department of Human Rights in the Ministry of Defense, or through the system of the e-citizen's government, and a reward will be allocated to those who submit this information after verification."

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SC/13575
13 NOVEMBER 2018
 

Security Council Sanctions Committee Concerning Iraq Removes One Entity from Its Sanctions List

On 13 November 2018, the Security Council Committee established pursuant to resolution 1518 (2003)approved the removal of the following entity from its List of Individuals and Entities subject to the assets freeze set out by paragraphs 19 and 23 of Security Council resolution 1483 (2003) adopted under Chapter VII of the Charter of the United Nations.

B. Entities and other groups

IQe.096 Name: RAFIDAIN COMPANY FOR BUILDING DAMS
A.k.a.: STATE ORGANIZATION FOR DAMS F.k.a.: na Address: a) Saddoun St., Baghdad, Iraq b) P.O. Box 5982, Al-Masbah, Baghdad, Iraq Listed on: 26 Apr. 2004 Other information:

The names of individuals and entities removed from Committee’s Sanctions List pursuant to a decision by the Committee may be found in the “Press Releases” section on the Committee’s website at: https://www.un.org/sc/suborg/en/sanctions/1518/press-releases.

To obtain a fully updated version of the List of individuals and entities subject to the sanctions measures, Member States are encouraged to consult, on a regular basis, the Committee’s website at the following URL:  https://www.un.org/sc/suborg/en/sanctions/1518/materials.  The Committee’s Sanctions List is available in HTML, PDF and XML format.

The Consolidated United Nations Security Council Sanctions List is also updated following all changes made to the Committee’s Sanctions List.  An updated version of the Consolidated List is accessible via the following URL:  https://www.un.org/sc/suborg/en/sanctions/un-sc-consolidated-list.

 

https://www.un.org/press/en/2018/sc13575.doc.htm

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SC/13575
13 NOVEMBER 2018
 

Security Council Sanctions Committee Concerning Iraq Removes One Entity from Its Sanctions List

On 13 November 2018, the Security Council Committee established pursuant to resolution 1518 (2003)approved the removal of the following entity from its List of Individuals and Entities subject to the assets freeze set out by paragraphs 19 and 23 of Security Council resolution 1483 (2003) adopted under Chapter VII of the Charter of the United Nations.

B. Entities and other groups

IQe.096 Name: RAFIDAIN COMPANY FOR BUILDING DAMS
A.k.a.: STATE ORGANIZATION FOR DAMS F.k.a.: na Address: a) Saddoun St., Baghdad, Iraq b) P.O. Box 5982, Al-Masbah, Baghdad, Iraq Listed on: 26 Apr. 2004 Other information:

The names of individuals and entities removed from Committee’s Sanctions List pursuant to a decision by the Committee may be found in the “Press Releases” section on the Committee’s website at: https://www.un.org/sc/suborg/en/sanctions/1518/press-releases.

To obtain a fully updated version of the List of individuals and entities subject to the sanctions measures, Member States are encouraged to consult, on a regular basis, the Committee’s website at the following URL:  https://www.un.org/sc/suborg/en/sanctions/1518/materials.  The Committee’s Sanctions List is available in HTML, PDF and XML format.

The Consolidated United Nations Security Council Sanctions List is also updated following all changes made to the Committee’s Sanctions List.  An updated version of the Consolidated List is accessible via the following URL:  https://www.un.org/sc/suborg/en/sanctions/un-sc-consolidated-list.

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Thursday 15 November
 
 
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Alsumaria News / Baghdad 
The United Nations suspended the return of Iraq to Kuwait property, welcoming this step. "This is an important step towards the full normalization of relations between the two countries," 

UN Secretary General Antonio Guterich said in a tweet posted on Twitter and followed by Sumerian News. 

For his part, deputy UN representative in Iraq , said George Boston , said "This is a positive step encouraging , " he said, adding that it "shows the determination of the two countries to move forward in strengthening bilateral relations."

 

 


The Iraqi Foreign Ministry announced that Iraq had handed over the Kuwaiti archives and archives to Kuwait in the presence of the United Nations.

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Guterich: What Iraq has done recently towards Kuwait is a step towards full normalization

Guterich: What Iraq has done recently towards Kuwait is a step towards full normalization
 



 Twilight News    
 22 minutes ago

UN Secretary-General Antonio Gutierrez said today that the return of part of the Kuwaiti property that his former regime had looted to Kuwait was an important step towards the full normalization of relations between the two countries.

UN Secretary-General Antonio Gutierrez welcomed the Iraqi government's return of Kuwaiti property to Kuwait last Tuesday, an important step towards full normalization of relations between the two countries. 

The Secretary-General of the United Nations praised the efforts made by the Governments of Iraq and Kuwait to resolve outstanding issues between them and called for their continued constructive participation in the closure of the missing Kuwaiti and third-country nationals and property, including national archives pursuant to Security Council resolution 2107 (2013) .

Guterich stressed that the United Nations will remain fully committed to resolving all outstanding issues between Iraq and Kuwait.

 UN Special Envoy to Iraq Jan Kubic said in a special report on Iraq before the UN Security Council that representatives of the Iraqi Foreign Ministry had handed over a collection of 2,600 books to Kuwait, archives from the radio archive, a sword and a precious plaque.

He added that Iraqi Foreign Minister Mohammed Ali al-Hakim confirmed his country's commitment to return all property to Kuwait. Kubish pointed out that the new Iraqi government is a solution to the differences and outstanding issues between Erbil and Baghdad of its priorities .. He commended its commitment to the file of lost Kuwaiti property and its commitment to resolve all remaining outstanding issues with Kuwait.

 

Keywords: 

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image.php?token=7c1772f38f7e17190978a6066f360e8e&size=

United Nations: Iraq's return to Kuwait property is an important step to normalize relations between the two countries
 
Number of readings: 434 15-11-2018 01:31 PM

 
 

15-11-2018 01:31 PM 

 

The United Nations welcomed Thursday Iraq's return to Kuwait of its property. 

"This is an important step towards the full normalization of relations between the two countries," UN Secretary-General Antonio Guterich said in a tweet posted on Twitter. 

"This is a positive and encouraging step," said US Deputy Representative George Bush. "It shows the determination of the two countries to move forward in strengthening bilateral relations."

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121834.jpg?width=750&&height=375

 
2018/11/15 16:12
  • Number of readings 22
  • Section: Iraq
  •  

The United Nations welcomes the return of Iraq part of the missing persons to Kuwait

 

 

UN Secretary-General Antonio Gutierrez welcomed Thursday the return of Kuwaiti property to Kuwait by the Government of Iraq on November 13.

"This is an important step towards the full normalization of relations between the two countries," Guterres said in a statement, praising "efforts by countries to resolve the outstanding issues between them."

He called for "continued constructive engagement between them to close the file of missing Kuwaiti and other nationals and Kuwaiti property, including national archives, pursuant to Security Council resolution 2107 (2013)".

The Secretary-General also stressed that "the United Nations will remain fully committed to resolving all outstanding issues between Iraq and Kuwait".

Follow the obelisk - agencies

http://almasalah.com/ar/news/155890/الامم-المتحدة-ترحب-بإعادة-العراق-جزء-من-ملف-المفقودين-الى-الكويت

 

 
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Well, OK, there are four (4) articles TODAY announcing the return of the UN mandated items from Iraq to Kuwait. I may be way off, but I have a feeling this is VERY Significant for the Bicraqi Iraqi to conduct unimpeded bi'ness as a Safe, Stable, Secure, AND Sovereign State INTERNATIONALLY. AND, announced form none other than the UN Secretary-General Gutierrez. I may further be wrong here but UN Secretary-General Gutierrez likely could NOT make THIS statement WITHOUT the allowance of AT LEAST the UN Security Council's Permanent Members.

 

With the Strategic Framework Agreements (SFAs)The United States Of America AND France have with Iraq, as well as other Countries having economic agreements, I suspect there will be more news on these SFAs getting approval for implementation as well as other economic agreements.

 

I suspect there could be new found pressure on the Bicraqi Iraqi Dinar as the Bicraqi Iraqi make THEIR Cameo International Appearance being the newly found jewel of INTERNATIONAL trade!!!

 

So, WE Wait AND See!!!

 

In The Mean Time.....................................................................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:rodeo:   :pirateship:

Edited by Synopsis
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1 hour ago, Synopsis said:

Well, OK, there are four (4) articles TODAY announcing the return of the UN mandated items from Iraq to Kuwait. I may be way off, but I have a feeling this is VERY Significant for the Bicraqi Iraqi to conduct unimpeded bi'ness as a Safe, Stable, Secure, AND Sovereign State INTERNATIONALLY. AND, announced form none other than the UN Secretary-General Gutierrez. I may further be wrong here but UN Secretary-General Gutierrez likely could NOT make THIS statement WITHOUT the allowance of AT LEAST the UN Security Council's Permanent Members.

 

With the Strategic Framework Agreements (SFAs)The United States Of America AND France have with Iraq, as well as other Countries having economic agreements, I suspect there will be more news on these SFAs getting approval for implementation as well as other economic agreements.

 

I suspect there could be new found pressure on the Bicraqi Iraqi Dinar as the Bicraqi Iraqi make THEIR Cameo International Appearance being the newly found jewel of INTERNATIONAL trade!!!

 

So, WE Wait AND See!!!

 

In The Mean Time.....................................................................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:rodeo:   :pirateship:

SYN,  Excellent analysis of the article and agree wholeheartedly we are watching this unfold right before our own eyes.  Keeping the faith!!

 

GO RV / RI

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1 hour ago, tigergorzow said:

SYN,  Excellent analysis of the article and agree wholeheartedly we are watching this unfold right before our own eyes.  Keeping the faith!!

 

GO RV / RI

 

:twothumbs: Oh, Yeah, Tigergorzow, AND The Very Best Of The Rest Of Your Week AND Up Coming Weekend To You!!! :tiphat:

 

Go Moola Nova!

:pirateship:

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4 hours ago, Synopsis said:

Well, OK, there are four (4) articles TODAY announcing the return of the UN mandated items from Iraq to Kuwait. I may be way off, but I have a feeling this is VERY Significant for the Bicraqi Iraqi to conduct unimpeded bi'ness as a Safe, Stable, Secure, AND Sovereign State INTERNATIONALLY. AND, announced form none other than the UN Secretary-General Gutierrez. I may further be wrong here but UN Secretary-General Gutierrez likely could NOT make THIS statement WITHOUT the allowance of AT LEAST the UN Security Council's Permanent Members.

 

With the Strategic Framework Agreements (SFAs)The United States Of America AND France have with Iraq, as well as other Countries having economic agreements, I suspect there will be more news on these SFAs getting approval for implementation as well as other economic agreements.

 

I suspect there could be new found pressure on the Bicraqi Iraqi Dinar as the Bicraqi Iraqi make THEIR Cameo International Appearance being the newly found jewel of INTERNATIONAL trade!!!

 

So, WE Wait AND See!!!

 

In The Mean Time.....................................................................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:rodeo:   :pirateship:

Would have to agree. I think this is pretty significant.

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On 10/15/2018 at 7:32 PM, gregp said:

 

Vienna Sausage for everyone!

Or pickled Herring in a can. I understand that it smells like the worlds stankiest fart when ya open it. But hey, some people like that stuff.

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Kuwait announces UN resolution on the effects of Saddam's invasion

01:31 - 05/12/2018

 
image
 
 

 

Mawazine News 
The director of the soil rehabilitation group at the Kuwait Oil Company Mansour Al- Dari , said that the compensation resulting from the losses of the invasion of the former regime of Saddam Hussein to rehabilitate the soil of Kuwait, estimated at 2.4 billion dollars.

"The pollution of the soil in Kuwait is one of the largest environmental disasters on the planet because of the remnants of Saddam's invasion, in addition to the operations of the company since its establishment," Al-Okhari told reporters on the sidelines of the inauguration of the Kuwait Kuwait Polluted Soil Rehabilitation Conference. 
"Pollution processes are unique, and are usually difficult to address because of the time accumulation and the impact of weather factors with the survival of heavy materials." 
The external area of the pollution is estimated at 114 square kilometers as a surface and 26 million cubic meters, indicating that the process of soil rehabilitation will begin in northern Kuwait because of the containment of the region on water sources. 
The official pointed out that the treatment of the area of soil at an estimated cost of 20 million Kuwaiti dinars (about 66 million US dollars) and will increase this cost to 50 million dinars (about 165 million dollars) with the treatment of larger areas of soil.
He expected that the rehabilitation of the soil in Kuwait will be completed within a period of time estimated at about 10 years "and may increase"

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The United Nations and Kuwait will launch land-clearing projects worth $ 2.4 billion

12:47 - 05/12/2018

 
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Follow - up - the balance of News 
Kuwaiti official said on Wednesday that the United Nations and Kuwait are preparing to launch projects worth $ 2.4 billion until 2025 to clean up the Kuwaiti soil from pollution resulting from Iraq 's invasion of Kuwait. 
"The money will be allocated only to the rehabilitation of Kuwaiti soil and will be paid by the United Nations for the compensation of the Iraqi invasion of Kuwait," Mansour al-Kharra, director of the Kuwait Oil Company's soil rehabilitation group, told reporters. 
He described the external pollution caused by Iraq's invasion in 1990 as "one of the biggest environmental disasters on the planet." 
He added that KOC will allocate 50 million dinars ($ 164.4 million) to clean the soil from pollution caused by the company's operations.
Muthanna al-Muamen, head of the KPC soil rehabilitation project team, said that the area of oil-contaminated soil in Kuwait is 114 square kilometers, while oil-contaminated soils are 26 million cubic meters.

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Wednesday, December 5
 
 
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Alsumaria News / Baghdad
, said a Kuwaiti official, on Wednesday, the United Nations and Kuwait are preparing to launch projects worth $ 2.4 billion until 2025 to clean up the Kuwaiti soil pollution caused by the war of Iraq . "These funds will be allocated only to the rehabilitation of Kuwaiti soil and will be paid by the United Nations for the compensation of the Iraq war against Kuwait," said Mansour Al- Gharayy 

, director of the Kuwait Oil Company's soil rehabilitation group He described external pollution caused by the Iraq war in 1990 as "one of the biggest environmental disasters on the planet."

 

 


He added that KOC will allocate 50 million dinars ($ 164.4 million) to clean the soil from pollution caused by the company's operations. 

"The area of oil-contaminated soils in Kuwait is 114 square kilometers, while the amount of oil-contaminated soil is 26 million cubic meters," said Muthanna al-Muamen, head of the KPC soil rehabilitation project team.

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$ 2.4 billion compensation for rehabilitating the soil of Kuwait from the Iraqi poor

$ 2.4 billion compensation for rehabilitating the soil of Kuwait from the Iraqi poor
Kuwait
 05 December 2018 01:19 PM

KUWAIT CITY - The Kuwait Oil Company (KOC) Soil Rehabilitation Group (KOC) has announced that the damages resulting from the losses of the Iraqi invasion to rehabilitate Kuwait's soil amounted to $ 2.4 billion .

"Soil pollution in Kuwait is one of the biggest environmental disasters on the planet due to the remnants of the Iraqi invasion, as well as the company's operations since its establishment," he said. "Pollution is unique, Heavy .

This comes in a statement to the "outside" on the sidelines of the inauguration of the Kuwait soil pollution conference organized by the Kuwait Oil Company

The director of the Education Rehabilitation Group revealed that the area of pollution is estimated at 114 square meters as a surface and 26 million cubic meters, indicating that the process of soil rehabilitation will begin in northern Kuwait because of the containment of the region on water sources .

He explained that the treatment of an area of soil at an estimated cost of 20 million Kuwaiti dinars, and will increase the cost to 50 million dinars with the increased treatment of larger areas of soil.

In October , Kuwait's Undersecretary of Electricity and Water, Mohammad Bushehri, signed a memorandum of understanding with the Secretary-General of the General Secretariat of the Kuwaiti Connection Point for Environmental Projects, Nehil Al-Abdalrazak; to implement projects to rehabilitate the environment affected by the Iraqi invasion of Kuwait .

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2 hours ago, yota691 said:

He added that KOC will allocate 50 million dinars ($ 164.4 million) to clean the soil from pollution caused by the company's operations. 

As I was reading the article, this caught my attention. I’m trying not to read into , what just may be a typo, BUT, 50 million dinar=$164.4 million!!! Is that not 1 Dinar = $3.28. 

Sorry if this thought is way off. Like everyone else, I’m a little desperate for this to be over.😊

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5 minutes ago, Mr. G said:

As I was reading the article, this caught my attention. I’m trying not to read into , what just may be a typo, BUT, 50 million dinar=$164.4 million!!! Is that not 1 Dinar = $3.28.

 

I don't know if the cat is out of the bag, but I like the sound of it!!!

 

B/A

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