What is the emerge from Chapter VII?

What is the emerge from Chapter VII?


14/06/2013

Arab-bass



And then you talk about media item VII and the need for exit from Iraq, and we are not here talking about what this item but what it means for Iraq out of it, especially as it seems that Kuwait involving her voice to eject Iraq from the provisions of this section and the urgent need to eject Iraq from Kuwait, as the reason to enter Iraq under its impact, told the Prime Minister of Kuwait, who is visiting Baghdad.
Economists say that this hampers the development process of the country's economic development, stressing the need for the Government to speed up the negotiations in order to move to out of Chapter VII in order to create a suitable climate for the entry of major international companies to the country.
A leading economist said that net out of Iraq from Chapter VII is very necessary for the transfer of foreign expertise and modern technology in all economic sectors in the country, noting that there are benefits arising from the departure of Iraq from Chapter VII: opening the door to direct investment by global giants, and unblock technology import from the simple to the complex, the return of Iraq as a country depends arbitration, because the countries under item VII did not enjoy it.
NET called the Government move towards the United Nations forces to eject Iraq from Chapter VII to be a country open to the world, that the Government should make a review with the Government of Kuwait with respect to debt rescheduling and know you are a real debt or debts installed?.
For his part, called the financial expert Manaf jeweler to the Government to review its policy with Arabic countries and not be dragged behind a meaningless names, and Goldsmith stressed speaking on tolerance in Iraqi rights to others who are strong asset in dealing with Iraq in order to obtain their rights and entitlements, even if the price at the expense of the Iraqi people.
For his part, stressed the General Manager of Industrial Bank Mohamed Abdel Wahab on the need to break free from the constraints of the seventh item Iraq under it.
Abdel Wahab said in a statement: the departure of Iraq from Chapter VII gives the financial sector more freedom in dealing with international banks, as well as reduce Melasma all industrialists, abbreviated steps and associated additional costs, and deal with global banks have directly and more credible.
Abdel Wahab said: the problem of banks and the banking sector is to select paragraphs of Chapter VII, which prohibits dealing with local government banks, where confiscated funds traded internationally, indicating the possibility of a global banking systems in General, banks are involved in developmental courses enrolled in all disciplines to improve the efficiency of banking executives, stand on the latest findings of the global banking sector and currency dealing mechanisms.
The UN Security Council has decided to vote unanimously three resolutions concerning the lifting of the embargo imposed on Iraq for the import of nuclear material for peaceful purposes, and the abolition of the oil-for-food programme, and also extended immunity for damages that were imposed under section VII until the end of next June, and Iraq after its 1990 invasion of Kuwait have undergone, during the rule of the former regime in 1990, a series of United Nations actions included preventing it from importing chemicals and nuclear technology.



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Abdel Wahab said in a statement: the departure of Iraq from Chapter VII gives the financial sector more freedom in dealing with international banks, as well as reduce Melasma all industrialists, abbreviated steps and associated additional costs, and deal with global banks have directly and more credible.
Abdel Wahab said: the problem of banks and the banking sector is to select paragraphs of Chapter VII, which prohibits dealing with local government banks, where confiscated funds traded internationally, indicating the possibility of a global banking systems in General, banks are involved in developmental courses enrolled in all disciplines to improve the efficiency of banking executives, stand on the latest findings of the global banking sector and currency dealing mechanisms.


Forex comes to mind.......