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Kuwaiti newspaper reveals a non-cash payment mechanism for Kuwait's compensation to Iraq

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Rocky


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Kuwaiti newspaper reveals a non-cash payment mechanism for Kuwait's compensation to Iraq

Editor Mustafa Saad - Saturday 19 August
Alsumaria News / Baghdad
revealed a Kuwaiti newspaper on Saturday, for the payment of non - cash compensation mechanism for Kuwait to Iraq, while confirming that there is no intention to give up part of that amount to $ 4.6 billion in receivables.
The newspaper "Al-Jarida" quoted informed sources that "the joint committees between the two countries tend to fold the file of compensation final agreement to invest in vital projects in Iraq, with the import of Kuwait oil and gas, which contributes to strengthening relations of neighbors."
The newspaper pointed out that "there is no Kuwaiti intention to waive part of those receivables of 4.6 billion dollars."
On April 25, 2017, the State of Kuwait confirmed its readiness to examine future options to ensure that Iraq continues to pay US $ 4.6 billion in compensation for war losses between the two countries in 1990.
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