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Financial negotiation states opposed to the Paris Club agreement
Published on Thursday, June 24, 2014 13:21
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Baghdad / Center Brief for the Iraqi Media Network (IMN) - The director of the Department of Public Debt in the Ministry of Finance a conciliator Taha Izz al-Din, said that his ministry will launch in the coming days, a campaign of intense negotiations with the countries of Poland, Turkey, Brazil, Egypt, Saudi Arabia, Kuwait and the United Arab Emirates and Morocco, noting that this eight countries refuse to settle their debts with Iraq, according to the Paris Club agreement .
He said Izz al-Din's ( IMN ) , "The ministry is working to persuade these countries to resolve the exchange debt owed by Iraq, in the form of premiums . "
And the Paris Club decided to write off Iraq's debt in 2004, after he entered into a creditor countries are members of the club more than 343 convention on 77 city-state since 1956, while the total debt covered in these agreements to $ 389 billion, since 1983.
From: Star Gazan, Edit: Laith Mohammed Reza, n: Sachs
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Published on Thursday, June 24, 2014 13:21
Image
Baghdad / Center Brief for the Iraqi Media Network (IMN) - The director of the Department of Public Debt in the Ministry of Finance a conciliator Taha Izz al-Din, said that his ministry will launch in the coming days, a campaign of intense negotiations with the countries of Poland, Turkey, Brazil, Egypt, Saudi Arabia, Kuwait and the United Arab Emirates and Morocco, noting that this eight countries refuse to settle their debts with Iraq, according to the Paris Club agreement .
He said Izz al-Din's ( IMN ) , "The ministry is working to persuade these countries to resolve the exchange debt owed by Iraq, in the form of premiums . "
And the Paris Club decided to write off Iraq's debt in 2004, after he entered into a creditor countries are members of the club more than 343 convention on 77 city-state since 1956, while the total debt covered in these agreements to $ 389 billion, since 1983.
From: Star Gazan, Edit: Laith Mohammed Reza, n: Sachs
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