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Lebanese businessmen demand Iraq to pay outstanding debts since the 1990s
Shafaq News/ Today, Thursday, Lebanese businessmen demanded that Iraq pay outstanding debts and dues since the 1990s, suggesting that this be through the price of Iraqi oil exported to Lebanon, while noting that these debts caused them suffering.
The Lebanese-Iraqi Businessmen Council said in a statement received by Shafak News Agency, "The Lebanese-Iraqi Businessmen Council welcomes the visit of the Iraqi government delegation and thanks the Iraqi government for its support to Lebanon in these difficult circumstances," calling on the Lebanese and Iraqi governments to "be the rights and entitlements of Lebanese traders and industrialists." Businessmen are at the forefront of the ongoing discussions for the Lebanese to collect their dues from the price of Iraqi oil, in addition to other services provided to Iraqis in Lebanon."
The Council made a special appeal to the President of the Lebanese Republic, Michel Aoun, and the Lebanese Prime Minister, Najib Mikati, to give the necessary attention to resolving the issue of the debts and receivables of the Lebanese that have been stuck with Iraq since the 1990s, especially since most of them are dues, deposits and policies at the Rafidain Bank and other Iraqi banks as well as Iraqi ministries and public institutions. It is payable."
The Council appealed to the Lebanese state to pay attention to the "rights holders of the Lebanese who suffer from the burden of these debts," noting that "the Lebanese state has not made any effort in this direction since President Aoun's visit to Iraq in 2018."
The Council expressed its hope that the official Lebanese references would "pay much attention to the issue in order to lift the injustice against the Lebanese merchants and industrialists in order to reach a settlement of their debts and their belongings, similar to the settlement that took place with other Arab countries (Jordan - Syria - Egypt)."
The Council also drew attention to the fact that “refusing to pay over the past period has caused the Lebanese economy (especially private sector traders) severe damages, including indebtedness from banks and high banking interests to carry out their business in Iraq, and even the bankruptcy of some of them.”
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The Lebanese-Iraqi Businessmen Council said in a statement received by Shafak News Agency, "The Lebanese-Iraqi Businessmen Council welcomes the visit of the Iraqi government delegation and thanks the Iraqi government for its support to Lebanon in these difficult circumstances," calling on the Lebanese and Iraqi governments to "be the rights and entitlements of Lebanese traders and industrialists." Businessmen are at the forefront of the ongoing discussions for the Lebanese to collect their dues from the price of Iraqi oil, in addition to other services provided to Iraqis in Lebanon."
The Council made a special appeal to the President of the Lebanese Republic, Michel Aoun, and the Lebanese Prime Minister, Najib Mikati, to give the necessary attention to resolving the issue of the debts and receivables of the Lebanese that have been stuck with Iraq since the 1990s, especially since most of them are dues, deposits and policies at the Rafidain Bank and other Iraqi banks as well as Iraqi ministries and public institutions. It is payable."
The Council appealed to the Lebanese state to pay attention to the "rights holders of the Lebanese who suffer from the burden of these debts," noting that "the Lebanese state has not made any effort in this direction since President Aoun's visit to Iraq in 2018."
The Council expressed its hope that the official Lebanese references would "pay much attention to the issue in order to lift the injustice against the Lebanese merchants and industrialists in order to reach a settlement of their debts and their belongings, similar to the settlement that took place with other Arab countries (Jordan - Syria - Egypt)."
The Council also drew attention to the fact that “refusing to pay over the past period has caused the Lebanese economy (especially private sector traders) severe damages, including indebtedness from banks and high banking interests to carry out their business in Iraq, and even the bankruptcy of some of them.”
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