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Fouad Hussein announces Iraq's exit from Chapter VII


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39 minutes ago, southbeach said:

What if the big plan means little but wealthy Kuwait gets legally absorbed as a State within the Baghdad federal government like Kurdistan is?

 

Might make for a good movie, but there is no way that Kuwait would give up their sovereignty and wealth to the shittshow that is Iraq and Iraqi politics. In contrast to the Kurds who have a whole history of disenfrachisement, oppression, freedom fighting, and shitty neighbors. So, it is very different geo-politically to Kuwait. IMHO Kuwait would have to be invaded, again, for them to have that sovereignty taken from them.

 

More likely, Kuwait is going to have closer commercial contacts in key areas like shipping, construction, desalination, energy/refinery tech, food processing, tourism, transportation and finance, and make out like bandits, especially if there is an RV. They might even have tax agreements, industrial zones in Iraq close to their borders, and more cross-border freedoms. Also, think of the strategic location of Kuwait regards access to the Persian Gulf. Good relations/business with Iraq deleverages the pressure the Saudis or Iranians can put on them. 

 

Ulitmately, Kuwait as a nation is the taint of the Gulf peninsula, regardless of which side you see the Saudis or the Iranians on. And that taint aint going anywhere!  😆

 

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1 hour ago, southbeach said:

What if the big plan means little but wealthy Kuwait gets legally absorbed as a State within the Baghdad federal government like Kurdistan is?

They have a tendency to use hyperbole, I’m guessing it isn’t something that big … 🤷🏻‍♀️

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After paying all compensation to Kuwait... Has the Iraqi economy been liberated?

 
 
 
10:27
 
 
 
 
Diaa Hassoun - Sputnik Arabic
Diaa Hassoun
The Kuwaiti ambassador to Baghdad, Salem Al-Zamanan, confirmed that the United Nations Compensation Committee will issue a decision to permanently close the file of financial compensation between the two countries, after Iraq paid the last payment to Kuwait a few days ago.
Al-Zamanan indicated to the Iraqi News Agency (INA), on Saturday, that Iraq has fulfilled all the obligations imposed on it under Chapter VII of the United Nations Charter and relevant Security Council resolutions in 1991.
What are the implications for Iraq's economic situation?
On this subject, the guest of the “Where is the Truth” program on Radio “Sputnik”, the economist Dr. Nabil Al-Marsoumi, says:
 
After it has paid all its compensation to Kuwait, Iraq must submit a request to the Security Council, in order to transfer it from Chapter VII of the Charter of the United Nations to the provisions of Chapter VI of the Charter, a subject that will liberate the Iraqi banking system and integrate it with the global banking system, and will also liberate the accounts Iraqi finances are with the US Federal Bank, because any financial returns in hard currency do not go directly to Iraq, but through the United States, so that compensation for Kuwait can be completed.”
 
Al-Marsoumi added: "Also, Iraq should submit a request to the UN Security Council to protect its money and deposits in the global banking system from the claims of private companies and some countries for compensation or other debts, as obtaining such a decision can free two billion dollars annually, used in development and investment, Which constitutes a strong boost to the Iraqi national economy , as the money was delayed until it reached the Iraqi Ministry of Finance, so the next government will be more fortunate than the current government.”
 
 
Details are in the attached audio file.
Prepared and presented by: Diaa Hassoun.
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Hamdan Al-Azmi to the Minister of Finance: Has Iraq paid the compensation in full... and what are the ways to benefit from it?

Representative Hamdan Al-Azmi and Minister Khalifa Hamada
Farhan Al-Shammari
December 27, 2021
03:11 PM
31   

Representative Hamdan Al-Azmi submitted a question to the Minister of Finance and Minister of State for Economic Affairs and Investment about Kuwait's compensation from Iraq and the ways to benefit from it.

He said in the introduction to the question that the Central Bank of Iraq announced on December 22, 2021 the completion of the last remaining installment of Kuwait’s compensation amounting to (44) million US dollars, and thus Iraq had completed the payment of the full compensation amounts approved by the United Nations Compensation Committee of the UN Security Council under Resolution No. (687) for the year 1991, with a total of (52.4) billion US dollars.


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Al-Azmi inquired about Iraq’s payment of the full amount of compensation to Kuwait, providing him with a detailed statement of the compensation payments paid, and whether any part of these compensations has been waived, with providing him with ways to benefit from Iraqi compensation and details of their disbursement, in addition to granting Iraq financial loans during the last 20 years. value, and the terms and conditions of these loan agreements.

 

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1 hour ago, Adam Montana said:

I’m sure everyone here already understands how big this is… what an incredible milestone!

Yes Yes, Come on git er done boys & girls....We are extremely ready for the RV / RI....BOOM...👍🙏😁

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16 minutes ago, SONIA1 said:

So can some one show us where does it say that Iraq will RV after chapter 7 is gone..🙄

 

    

They can't because Iraq did not sat they will RV after chapter 7 is gone that is Guru talk. The Guru;s are constantly lying all the time

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Why should the CBI have to announce the rv openly to the publics ahead of time? If i say if the CBI announce the rv openly to the publics ahead of time, then what is going to happen to dinar investors worldwide , dinar dealers, and specially corrupt iraqi government politicians ( for example, Malarki and his corrupt friends(?) Smuggle and trade dinar for dollars out of iraqi country ).

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On 12/28/2021 at 11:59 AM, SONIA1 said:

So can some one show us where does it say that Iraq will RV after chapter 7 is gone..🙄

 

    

bo such thing has been written just assumptions that they are UNSC sanctions and one of those was currency

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there are however articles to suggest that they need a internationally tradeable currency to become a member of the WTO and tons of articles to suggest that they want to return to their former value also tons of articles alSo IMF requirements that state they must remove mulit currency MCP practices this means removing parallel markets as well as auctions....last 2017 IMF requirement said they need to remove all barriers and create fiscal space!!!

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