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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Kuwaiti company accuses Iraq of the confiscation of $ 380 million

    Rocky
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    • Post n°1

    Kuwaiti company accuses Iraq of the confiscation of $ 380 million Empty Kuwaiti company accuses Iraq of the confiscation of $ 380 million

    Post by Rocky Sat 11 Feb 2017, 1:11 am

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    Kuwaiti company accuses Iraq of the confiscation of $ 380 million


     Baghdad / term 

    She Agility Public Warehousing Company (AGLTY), listed on Stock Exchanges Kuwait and Dubai, he had asked an international arbitration before the International Centre for Settlement of Investment Disputes with Iraq. 
    Agility said in a statement to the Kuwaiti bourse, that " the subject of the request for arbitration respect of not respecting Iraq of its obligations in accordance with the encouragement and reciprocal protection of investments agreement signed by Kuwait and Iraq." 
    She explained the company, in a statement , he followed (range), that " it was the cooperation between Kuwait and Iraq signing of a protocol; to encourage capital and investment between the two countries, but that the Government of Iraq seized indirectly investments for" Agility "worth $ 380 million Iraqi telecom sector." 
    The company explained that it "can not determine the expected impact; the absence of any judgment or decision in the case." 
    On the other hand, revealed the Ministry of Commerce and Industry of Kuwait, for the export of paper bags and plastic containers and sweets to Iraq worth $ 23.3 million in 2016, pointing out that Iraq occupied the introduction of Arab States in the Kuwaiti exports. 
    The ministry said in a statement seen by (range), said that "Kuwait 's total exports during the month amounted to about 14.7 million Kuwaiti dinars (KD equals US $ 3.2) acquired Arab states to 72 percent of them , or about 10.5 million dinars while acquired the rest of the world 28 percent and $ 4.2 million dinars. " 
    The statement added that "Iraq occupied the introduction of Arab nations worth 6.8 million dinars ($ 23.3 million) and by an estimated 64 percent of total exports to Arab countries while Turkey occupied the introduction of the world the source to about 1.5 million dinars and 37 percent." 
    The ministry pointed out that " the most important exporting Arab states substances during the month included paper bags, fiberglass and plastic bottles as well as insulating materials and plastic sweets , while The most important exporting materials for the rest of the world in the chemical products and materials , polyethylene and silicone."
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