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Iraq agrees with Kuwait to settle the debt Iraqi Airways for $ 500 million
Wednesday, March 14 / March 2012 18:12
Baghdad {: News} Euphrates said Ali al-Moussawi, media adviser to Prime Minister Nuri al-Maliki government agreement with the Kuwaiti side to settle the debt back to the Gulf War in 1991 was prevented from Iraqi Airways flights to the West.
Moussawi said in a press statement today that "Iraq will pay under the agreement $ 300 million in cash to Kuwait and will invest another $ 200 million in airline Kuwaiti-Iraqi operation."
He added that "Kuwait in return will stop the legal proceedings against Iraqi Airways."
Kuwait had filed a lawsuit against Iraqi Airways and prevented them from flying for several states and also holding the plane was on the board director at the first airline flights to London under the pretext of the existence of debts on Iraq.
The Prime Minister Nuri al-Maliki is visiting Kuwait, Li takes two days to search the files of common interest. Ended
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