Iraq pays compensation Kuwait in cash .. Know the date of the last batch

KUWAIT CITY: Kuwaiti Deputy Foreign Minister Khalid al-Jarallah said today that Iraq has resumed paying Kuwaiti compensation

As a result of the invasion in 1990 and began a month ago to pay the premiums.

“The compensation will be paid in cash in accordance with an agreement under the umbrella of the UN program until the end of 2021,” Jarallah told reporters after participating in the ceremony of the Indian embassy in the country on the occasion of its national holiday.

On the property of Kuwaitis in Iraq, he stressed that “the property of the citizens are present and preserved and established and there is contact with the brothers in Iraq on enabling Kuwait to dispose of its property.”

The United Nations Compensation Commission announced that “the rate of payments from the Iraqi Fund for compensation to Kuwait will increase annually until 2021.”

The Iraqi government suspended payments from the Fund in November 2014 due to security challenges and difficulties Iraq faced in its budget following the invasion of several cities.

https://www.iraqpressagency.com/?p=263690

 

Abadi to Davos conference: Iraq needs 100 billion dollars

 

 

Political situation

Thursday 25 January 2018 11:40 pm
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BAGHDAD – Prime Minister Haider al-Abadi on Thursday called on foreign investors to help rebuild Iraq after a crushing defeat and progress in the country’s reunification.

Speaking at the World Economic Forum in Davos, Switzerland, Abbadi said he would need up to $ 100 billion to repair dilapidated infrastructure and war-torn cities.

He added that Iraq needs help in dozens of projects, with Baghdad ready for a conference of major donors in Kuwait next month, will be held in coordination with the World Bank.

“We know that we can not manage them through grants. It is almost impossible, so we are now investing and rebuilding through investments. This is a step forward and we can achieve it,” he said. “He said.

Abadi last year made efforts to resolve a crisis in relations with the Kurdistan region, which voted for independence in a referendum last year not recognized by Baghdad, and was forced to hand over key oil fields and areas of land to the federal forces.

The Prime Minister said that he has already met twice since the beginning of the year with the President of the Kurdistan Government, Nechirvan Barzani, adding that Barzani agreed to hand over oil to the Federal Oil Marketing Company (Sumo), while discussing Baghdad and Erbil, the level of specific transfers of the budget.

Arbil began exporting oil independently several years ago, accusing Baghdad of not transferring enough funds from the federal budget of the province, while accusing Baghdad Erbil not to produce and convert sufficient quantities of oil.

The exact amount of the budget for oil remains the main sticking point in the talks between Baghdad and Erbil. Barzani said on Thursday that no agreement had yet been reached.

“This is far from the truth, we did not discuss that issue.”

Abadi acknowledged the difficulty of the budget in Baghdad’s quest for military or economic support from Washington and Tehran.

He said Saudi Arabia was increasingly interested in building ties with Iraq and warned against escalating tensions with Iran.

“Any change in the relationship between the United States and Iran is harmful to us and harmful to the region. It means there will be conflicts and frictions somewhere, and Iraq will not be immune from that,” he said.

Abadi said he had asked all parties to distance themselves from Iraq when they helped his country.

He added that Iraq, OPEC’s second largest oil producer, would stick to the agreement to cut crude production, where it needs a stable price to rebuild its economy.

http://aynaliraqnews.com/index.php?aa=news&id22=91415

US Ambassador: More than 400 international companies will participate in the Kuwait Conference

 

Release Date: 2018/1/25 23:49 • 16 times read
BAGHDAD (Reuters) – US Ambassador to Iraq Douglas Seelman has revealed the participation of more than 400 international companies at the Kuwait International Conference on Iraq Reconstruction, to be held in February.
The US ambassador said during his meeting with Planning Minister Salman Jumaili that his country would “strongly support the Kuwait conference and mobilize international support for Iraq to obtain the required support.”
He said that there are more than 400 international companies, including more than one hundred large US companies ready to participate in the conference and to enter and invest in Iraq. ”
For his part, Jumaili said that the Iraqi government has completed preparations for the conference will be presented the national document for the reconstruction of liberated areas in addition to a comprehensive report the size and evaluation Damage to those areas and a file representing the investment opportunities available in Iraq. ”
He pointed out that the reconstruction phase will rely heavily on partnership with the private sector in the implementation of strategic projects, calling on friendly countries, including the United States of America to provide support to Iraq in the reconstruction process the level of support provided during the war on terrorism.

 http://alforatnews.com/modules/news/article.php?storyid=158455

 

Abadi to Davos conference: Iraq needs 100 billion dollars

Release date: 2018/1/25 23:11 • 31 times read
BAGHDAD (Reuters) – Prime Minister Haider al-Abadi on Thursday called on foreign investors to help rebuild Iraq after a crushing defeat and progress in the country’s reunification.
Speaking at the World Economic Forum in Davos, Switzerland, Abbadi said he would need up to $ 100 billion to repair dilapidated infrastructure and war-torn cities.
He added that Iraq needs help in dozens of projects, with Baghdad ready for a conference of major donors in Kuwait next month, will be held in coordination with the World Bank.
“We know that we can not manage them through grants. It is almost impossible. So now we are investing and rebuilding through investments. This is a step forward and we can achieve it,” he said. “He said.
Abadi last year made efforts to resolve a crisis in relations with the Kurdistan region, which voted for independence in a referendum last year not recognized by Baghdad, and was forced to hand over major oil fields and areas of land to the federal forces.
The Prime Minister said that he has already met twice since the beginning of the year with the President of the Kurdistan Government, Nechirvan Barzani, adding that Barzani agreed to hand over oil to the Federal Oil Marketing Company (Sumo), while discussing Baghdad and Erbil, the level of specific transfers of the budget.
Arbil began exporting oil independently several years ago, accusing Baghdad of not transferring enough funds from the federal budget of the province, while accusing Baghdad Erbil not to produce and convert sufficient quantities of oil.
The exact amount of the budget for oil remains the main sticking point in the talks between Baghdad and Erbil. Barzani said on Thursday that no agreement had yet been reached.
“This is far from the truth, we did not discuss that issue.”
Abadi acknowledged the difficulty of the budget in Baghdad’s quest for military or economic support from Washington and Tehran.
He said Saudi Arabia was increasingly interested in building ties with Iraq and warned against escalating tensions with Iran.
“Any change in the relationship between the United States and Iran is harmful to us and harmful to the region. It means there will be conflicts and frictions somewhere, and Iraq will not be immune from that,” he said.
Abadi said he had asked all parties to distance themselves from Iraq when they helped his country.
He added that Iraq, OPEC’s second largest oil producer, would stick to an agreement to reduce crude production, where it needs a stable price to rebuild its economy.
 http://alforatnews.com/modules/news/article.php?storyid=158454

Tilerson’s policy of Baghdad-Kurdistan talks and Barzani inform him of something to make it successful

Tilerson briefed on the Baghdad-Kurdistan talks Barzani inform him something to make it successful
 Twilight News    
 20 minutes ago

News / Nizhvan Barzani, Prime Minister of the Kurdistan Region met with US Secretary of State Rex Tilerson, on the sidelines of his participation in the World Economic Forum in Davos.
According to a statement of the Kurdistan Regional Government, Tillerson briefed on the latest developments in the dialogue between Erbil and Baghdad, and the work of joint committees between the Kurdistan Regional Government and the federal government, stressing the support of the United States for dialogue between the two sides and success, and constitutional rights of the Kurdistan Region.
For his part, Barzani stressed the readiness of the Kurdistan Region to resolve the problems with Baghdad under the Constitution of Iraq and through dialogue with Baghdad, and gave a brief about the latest developments and his meetings with Abadi in Baghdad and Davos.
He announced that the steps are positive and good, but they must bear fruit and continue until a solution is reached. This requires a political decision.
He also expressed his thanks to the Kurdistan Region for the American support for the constitutional rights of Kurdistan, saying it is necessary to urge our partner to dialogue and peaceful solution.
On the other axis of the meeting, there was talk about the situation of the Kurdistan Region and the severity of the economic and financial crises of the Kurdistan Region and highlighted the situation of displaced people in the Kurdistan Region, and the importance of continuing technical cooperation provided by the United States to the reform process of the Kurdistan Regional Government,
The two sides also discussed work to restore stability and reach a solution that serves the interests of all and helps in the electoral process. The search for a joint mechanism of the disputed areas, the war against Da’ash, the post-hasty period, and the internal situation of the Kurdistan Region, other matters were addressed during the meeting. According to the government statement.

 

U.S. PROVIDES PESHMERGA MINISTRY WITH $360 MILLION IN FINANCIAL AID

U.S. provides Peshmerga Ministry with $360 million in financial aid

34 mins ago

SULAIMANI – The Kurdish Peshmerga forces, who have seen chronic delays in salary payments since 2014, will be provided with $360 USD million by the United States in financial aid.

The U.S. has received consent from Baghdad to provide the money to the Ministry of Peshmerga part of which will be spent for salary payments, sources from the ministry said on Thursday (January 25).

A member of the Peshmerga Committee from the Kurdistan Parliament, Qadir Razgayee told NRT that he has information confirming there is willingness by U.S. to allocate the money.

Razgayee, however, said that it is yet unknown how the budget will be transferred by the U.S.

“The Kurdistan Regional Government has officially demanded the U.S. to transfer extra money to the Ministry of Peshmerga for the U.S. has expressed readiness,” he said.

The financial aid by U.S. is second of its kind. The former U.S. Defense Secretary Ashton Carter announced a $415 million assistance package for the Peshmerga forces after both sides signed a memorandum of understanding in July 2016.

The United States, alongside the Coalition forces, began to support and train the Peshmerga forces when the Islamic State (ISIS) overran Iraq in 2014.

Pentagon spokesman Eric Pahon told NRT in August that the U.S. had provided hundreds of millions of dollars of stipends, sustainment support, weapons, equipment and ammunition to the Peshmerga forces since the D[efeat]-ISIS campaign in 2014.

Salaries for KRG employees have been plagued by delays since 2014 and Kurdish authorities have repeatedly said they cannot make payments due to a number of crises affecting the region.

(NRT)

http://www.nrttv.com/EN/Details.aspx?Jimare=18442