Al-Tamimi to “Nass”: Iraq is awaiting action from the Security Council to get rid of the consequences of Kuwait’s debts


2021.12.23 – 13:16
Al-Tamimi to “Nass”: Iraq is awaiting action from the Security Council to get rid of the consequences of Kuwait’s debts

Baghdad – people  

Legal expert Ali Al-Tamimi confirmed, on Thursday, that Iraq has fulfilled all the financial benefits that it accumulated as a result of the invasion of Kuwait, stressing that this matter has positive repercussions on the economy in the coming years.  

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Al-Tamimi said in an exclusive statement to “Nass” (December 23, 2021), that “Iraq was placed in Chapter VII of the Charter of the United Nations after entering Kuwait, according to UN Security Council Resolution 666 in 1990, and that this decision came after warnings, warnings and an economic siege imposed On Iraq, then international sanctions came to place it under Chapter VII, which means that Iraq’s character at the international level has become weak, so it is not permissible for it to contract and conclude import and export agreements.  

He added, “Iraq exited from Chapter VII in 2017 under Resolution No. 23/90 – but entered Chapter VI due to the presence of related matters with Kuwait worth 4 and a half billion dollars (compensations), and after it fulfilled these financial obligations, the Iraqi government and its representative at the United Nations must Notifying the Security Council in order for the Council to issue its decision that Iraq has completely completed Chapter VI and VII.  

The economic expert stressed, “This has economic repercussions on Iraq, because the money that was deducted from Iraqi oil exports will be part of the country’s financial reserves, and it may have positive effects on the economy in the coming years.”

https://www.nasnews.com/view.php?cat=76755

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