Kuwait agrees to postpone deduction of the amounts of compensation from Iraq additional years

by day dreamer Tue 28 Jul 2015, 9:45 am

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Kuwait agrees to postpone deduction of the amounts of compensation from Iraq additional years

by day dreamer Tue 28 Jul 2015, 9:45 am

Kuwait agrees to postpone deduction of the amounts of compensation from Iraq additional years

[ltr]2015/7/28 17:23[/ltr]
[ltr]

Kuwait agrees to postpone deduction of the amounts of compensation from Iraq additional years Story_img_55b79051ab58a

[Baghdad-where]
Iraqi Foreign Ministry announced that Kuwait agreed to defer the deduction of the amounts of compensation from Iraq an extra year of 2016 and until 2017 due to the financial crisis experienced by the result of the fall in world oil prices.
The spokesman said Foreign Ministry spokesman Ahmed Gamal said in a statement received by the agency all of Iraq [where] a copy of it, he was "in response to the request of Foreign Minister Ibrahim al-Jaafari, the Kuwaiti government decided to approve the postponement of the deduction of the amounts of compensation from Iraqi oil revenues year-old extra, from 2016 until 2017, due to the sharp drop in oil prices added to the additional expenses made by Iraq in the fight against terrorism. "
He added that "In this context, the Iraqi Foreign Ministry expresses high regard for this noble and crossing the depth of brotherly relations between Iraq and Kuwait position."
Kuwait had taken a similar decision last year to postpone these deductions resulting from the invasion of Iraq by the previous regime with the beginning of the nineties of the last century, under which Iraq and pay compensation of imports for oil sales by 5% and deposited into the Compensation Fund to the United Nations Altdh.anthy

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