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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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    The Lebanese government decides to open the border to the Iraqis

    Rocky
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    The Lebanese government decides to open the border to the Iraqis Empty The Lebanese government decides to open the border to the Iraqis

    Post by Rocky Thu 26 Jul 2018, 2:10 am

    The Lebanese government decides to open the border to the Iraqis

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    "We hope that a solution will be found to the issue of Lebanese traders and industrialists who deal with Iraq," said Nicola Tueni, state minister for anti-corruption affairs in the caretaker government.
    Toni said in a press statement that "what has been reached with the Iraqi authorities is that all debts from 2013 to date will be reimbursed under contractual terms that have been contracted and this solves a large part of the problem," explaining that "for debt owed to the "Before 2003, the Iraqi authorities proposed resorting to the conditions of the Paris Club, but we still reject them and these conditions should not be entered into because of the unfairness of the people."
    He also noted that "we are going through the opening line of the Iraqi borders for the Lebanese and the Lebanese borders for the Iraqis."

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    Rocky
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    The Lebanese government decides to open the border to the Iraqis Empty Lebanon opens its borders to Iraqis and talks about debt

    Post by Rocky Thu 26 Jul 2018, 3:07 am

    Lebanon opens its borders to Iraqis and talks about debt
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    Follow - up / ... The Minister of State for the fight against corruption in the caretaker government Nicolas Tueni, said his government is going to open the Lebanese border line in front of the Iraqis and vice versa, hoping to find a solution to the Lebanese traders and industrialists who deal with Iraq.
    "What has been reached with the Iraqi authorities is that all the debts from 2013 until today will be paid under contractual terms that have been contracted and this eliminates a large part of the problem," Toni said in a press statement.
    "For the pre-2003 debt, the Iraqi authorities have proposed recourse to the terms of the Paris Club, but we still reject them and these terms should not be entered into because they are unfair to people," he said.
    "We are going through the opening line of the Iraqi border to the Lebanese and the Lebanese border to the Iraqis," Toni said. Finished


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    Rocky
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    The Lebanese government decides to open the border to the Iraqis Empty Details of the Lebanese debt arising from Iraq .. Beirut demands and Baghdad recognizes

    Post by Rocky Thu 26 Jul 2018, 3:33 am

    Details of the Lebanese debt arising from Iraq .. Beirut demands and Baghdad recognizes

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    said Minister of State for the Lebanese anti - corruption Nicolas Tueni, the debt owed by Iraq admitted for the years 2003 and above , a return to legal persons , Lebanese industrial and commercial Lebanese and companies. 

    "This debt has been accumulating since the days of Saddam Hussein's regime in 1993, when Iraq was besieged and the United Nations established the oil-for-food program," Tueni told the Lebanese Republic newspaper. "That is why more than one Lebanese company went to work in Iraq. Problems with more delivery times. At that time there was an Executive Committee of the United Nations High Commission charged with announcing the provision of funds to pay to countries or not, including Russia, France, England, America and China. The contractor who completed his work in Iraq sent the invoices due to this committee, To pay money or refuse. 

    However, during the period in which the strike was launched on Iraq and beyond, many Lebanese merchants had orders in the sea destined for Iraq that were damaged by the strike, some of which were damaged, while others were not captured by the Lebanese merchants or could not deliver them. 

    And the estimated cost of nearly one billion dollars according to the prices of the year 1993. 

    These Lebanese requests extend from 1993 to beyond 2003, but the Iraqi authorities have finally recognized what they must from the period after the occupation, from 2003 to today.

    Tueni also stressed that the Iraqi authorities do not deny the debts accumulated since 1993, they recognize them, but with a difference is a point of disagreement between us. 

    "The Iraqi authorities say they want to pay the money due in 1993 but according to the Paris Club treatment, which says that there is an agreement between all the countries that owe it to Iraq," Tueni explained. Russia, France, England, America and China are required to write off their debt owed to Iraq from 1993 to 2003 provided that Iraq pays only 10 percent of this debt. " 

    The Iraqi side wants to deal with Lebanon in the same way, ie, to take 10 percent of its debt owed during this period, which is estimated at one billion dollars. But Lebanon refuses to apply this agreement because the accumulated debts of Iraq to Lebanon are debts owed to individuals and companiesThe Lebanese state demands debt on behalf of the Lebanese citizen and serves Lebanese society, industry and trade. 

    "This debt file has not been moved since 1993," Tueni said. Therefore, the security situation there was not favorable. " 

    "Today, we are beginning to restore the rights of Lebanese companies and institutions to the Republic of Iraq, " he said.

    On the total value of the debt, Tueni explained that "the debts owed for the year 1993 estimated at one billion dollars and receivables starting in 2003 is also estimated at one billion dollars," He said, "We are seeking today to claim interest on these amounts because the value of the currency has changed and companies that lost their day or Did not pay her money continued to pay the debts owed to banks. 

    Tueni confirmed that "the Lebanese state has in essence the files of about 153 damaged companies will receive compensation from Iraq, but we have called these companies to update their files if it so desired, and we asked the affected companies and did not submit files yet to expedite their submission and we responded to our response in this context" . 

    Banks' debts

    On the other hand, Tueni said that "he is still working to find solutions to the funds of Lebanese banks operating in Iraq, which arose after the transfer of funds from Lebanese banks at the request of the Iraqi authorities to the Central Bank of Iraq as a deposit as a condition to open additional branches, So we asked the Iraqi authorities to return the money. " 

    He added that "there are positives and great hopes to reach out to this crisis," note that the funds of these Lebanese banks estimated at 83 million dollars with the exception of interest.





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    Lobo
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    The Lebanese government decides to open the border to the Iraqis Empty Re: The Lebanese government decides to open the border to the Iraqis

    Post by Lobo Thu 26 Jul 2018, 2:03 pm

    Thanks Rocky, very interesting - the Lebanese government knows what is happening and they know the money will be there - sooooo, they are now working with the Iraq and it will be settled, both countries will benefit. 

    yes yes yes

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    The Lebanese government decides to open the border to the Iraqis Empty Re: The Lebanese government decides to open the border to the Iraqis

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