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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


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wciappetta
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    EU amends sanctions regulation on Iraq

    Hkp1
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    EU amends sanctions regulation on Iraq Empty EU amends sanctions regulation on Iraq

    Post by Hkp1 Thu 31 Jan 2013, 2:50 pm

    EU amends sanctions regulation on Iraq


    31/01/2013 | 10:57 PM | Gulf News

    BRUSSELS,
    Jan 31 (KUNA) -- The EU Foreign Ministers Council meeting here Thursday
    announced that it has amended regulation 1210/2003 concerning certain
    specific restrictions on economic and financial relations with Iraq.

    "This
    will permit the transfer of frozen funds to the successor arrangements
    to the Development Fund for Iraq put in place by the Government of Iraq
    under the conditions set out in UN Security Council resolutions 1483
    (2003) and 1956 (2010)," said the short statement without giving any
    details.

    The Council also extended the sanctions against persons
    responsible for the misappropriation of Tunisian state funds, including
    former Tunisian President Zine El Abidine Ben Ali, by 12 months, i.e.
    until 31 January 2014. (end) nk.mt KUNA 312257 Jan 13NNNN

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    EU amends sanctions regulation on Iraq Empty Re: EU amends sanctions regulation on Iraq

    Post by wciappetta Thu 31 Jan 2013, 2:58 pm

    Grease for the wheels of progress!


    _________________
    Even to your old age, I will be the same and I will bear you up when you turn gray.
    I have made you, and I will carry you; I will sustain you and deliver you. -Isaiah 46:4
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    Post by lonelyintexas Thu 31 Jan 2013, 5:45 pm

    Yes, this is good for more freedom on funds and for sanctions to be taken off of Iraq. I hope.

    Thanks

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    EU amends sanctions regulation on Iraq Empty Re: EU amends sanctions regulation on Iraq

    Post by Proven Thu 31 Jan 2013, 6:38 pm

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    Joint Proposal for a Council Regulation amending Regulation (EC)
    No.1210/2003 concerning certain specific restrictions on economic and
    financial relations with Iraq




    The attached document seeks to amend Regulation (EC) No.1210/2003,
    so that any frozen funds, other financial assets or economic resources
    of Saddam Hussein and other senior officials of the former Iraqi regime
    may be transferred to the successor to the Development Fund for Iraq
    (DFI)
    . UN Security Council Resolution (UNSCR) 1483 (2003) imposed
    certain restrictive measures in respect of Iraq, and made specific
    arrangements concerning payments for Iraqi petroleum exports,
    establishing the DFI - a UN mandated account, into which oil revenue
    accrued by the Iraq government could be placed.
    The 2003 restrictive measures were implemented in the EU by Common
    Position 2003/495/CFSP, and within the framework of Community competence
    by Regulation 1210/2003, both of 7 July 2003. Regulation 1210/2003
    allows for frozen funds and economic resources to be transferred to the
    DFI, in line with UNSCR 1483.
    UNSCR 1956 (2010) stated that the DFI should be wound up no later than
    30 June 2011, and that all proceeds should be transferred to its
    successor account. With IMF advice, a successor mechanism has since been
    established by the Government of Iraq. This draft Council Regulation
    would implement UNSCR 1956 (2010) in EU law, and thus ensure that the
    relevant resources of the former Iraqi regime can be transferred from
    the DFI to this successor mechanism
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    EU amends sanctions regulation on Iraq Empty EU amends sanctions regulation on Iraq

    Post by day dreamer Fri 01 Feb 2013, 9:25 pm

    EU amends sanctions regulation on Iraq




    Kuwait News Agency - 01 February, 2013



    The EU Foreign Ministers Council meeting here Thursday announced that it has amended regulation 1210/2003 concerning certain specific restrictions on economic and financial relations with Iraq.

    "This will permit the transfer of frozen funds to the successor arrangements to the Development Fund for Iraq put in place by the Government of Iraq under the conditions set out in UN Security Council resolutions 1483 (2003) and 1956 (2010)," said the short statement without giving any details.

    The Council also extended the sanctions against persons responsible for the misappropriation of Tunisian state funds, including former Tunisian President Zine El Abidine Ben Ali, by 12 months, i.e. until 31 January 2014.
    [You must be registered and logged in to see this link.]
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    Post by dry Sat 02 Feb 2013, 2:41 am

    This is great news DD!!!! Great article!!!


    :cheers: ☀

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