Kuwait drop lawsuits against Iraqi Airways for $ 500 million

by Hkp1 Thu 20 Dec 2012, 8:02 am

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Join date : 2012-12-19

Post n°1

Kuwait drop lawsuits against Iraqi Airways for $ 500 million

by Hkp1 Thu 20 Dec 2012, 8:02 am

Kuwait drop lawsuits against Iraqi Airways for $ 500 million

<table style=";text-align:left;direction:ltr" bgcolor="white" width="100%"><tr><td>

20-12-2012 | (Voice of Iraq)

News / Baghdad

Ministry of Transport announced Iraq, Thursday, dropping Kuwait all
proceedings against Iraqi Airways, noting that the agreement is a real
new beginning for Iraqi Airways to build a new air fleet.

An advisor to the Minister of Transport Karim Nouri in an interview for
"Alsumaria News", "Advisor to the Minister of Transport for aviation
Kifah Hassan Jabbar signed with Chairman of Kuwait Airways Corporation
Sami half a definitive agreement to drop all lawsuits and judgments
against Iraqi Airways both filed against it in All countries in the
world, "noting that" there are lawsuits filed against the company in
London. "

He Nouri that "the two countries reached an agreement prior to plunge
Iraq whereby the amount of $ 500 million in compensation to the airline
in exchange for dropping proceedings against Iraqi Airways," noting that
"the agreement is the beginning of a historic relationship between the
two countries and the beginning of a real Iraqi Airways in building air
fleet again. "

The Iraqi Council of Ministers authorized the July 18, 2012, Transport
Minister Hadi al-Amiri, the authority to negotiate with the Kuwaiti side
on the mechanism pay $ 500 million to the Kuwaiti side for the purpose
of settling claims on Kuwaiti Kuwait Airways debt.

The British authorities have detained, in 25 of last April, the Iraqi
plane coming from Baghdad to London after a stop for flights between the
two countries as long as 20 years, and was on board 30 passengers of
Iraqis and foreigners, including Transport Minister Amer Abdul-Jabbar
and director of Iraqi Airways Kifah Hassan, who was detained by the
British judicial authorities, because of a lawsuit filed against the
Kuwaiti Iraq concerning the damage suffered by the aircraft as a result
of the Iraqi invasion of Kuwait in 1990, demanding payment of one
billion and 200 million dollars for Kuwait Airways.

And demanded the Kuwaiti company before London's High Court to pay Iraq
$ 2.1 billion, and asked Kifah Hassan provide detection property
company under oath, accusing via lawyer KAC David Schori, Iraqi Airways
to refuse to honor its commitments and بالحنث department, fraud and
mislead the judiciary.

The Iraqi Airways currently manage and operate air transport in Iraq
through interoperability with other countries in the world because of
the company's non-possession of private jets, though it is one of the
founding companies of the Organization of the International Air
Transport Association (IATA).</td></tr></table>

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by **notazbad2000** Thu 20 Dec 2012, 9:04 am

notazbad2000

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Post n°2

Re: Kuwait drop lawsuits against Iraqi Airways for $ 500 million

by notazbad2000 Thu 20 Dec 2012, 9:04 am

I thought Iraq had already agreed to pay it back. That is a great gesture on Kuwaits part. Then why is the UN so hesitate to free Iraq when the oppressed are much more forgiving?

TAZ

by Hkp1 Thu 20 Dec 2012, 12:13 pm

Hkp1

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Join date : 2012-12-19

Post n°3

Re: Kuwait drop lawsuits against Iraqi Airways for $ 500 million

by Hkp1 Thu 20 Dec 2012, 12:13 pm

London: Iraq and Kuwait agree to ٳنهاء the two airlines file

Kuwait drop lawsuits against Iraqi Airways for $ 500 million 2066415147Untitled-1

20/12/2012 03: 39

Twenty
years after the lawsuit brought by Kuwait Airways against Iraqi
counterpart signed the London Agreement terminate this file

The agreement provides for the payment of an amount of 500 million
dollars to Iraq for Kuwait off all campaigns against Iraqi Airways.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.imn.iq%2Fnews%2Fview.17516%2F