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Section VII nightmare haunts the country's development and the signs to get rid of it is imminent(posted for player)

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Section VII nightmare haunts the country's development and the signs to get rid of it is imminent


Posted 24/06/2013 01:05 PM




Babinaoz - Agencies :
Is expected to vote on the UN Security Council on 27 June, the current country out of Chapter VII after Iraq's commitment to the implementation of UN Security Council resolutions, with the exception specialize in economic affairs out of the country from Chapter VII golden opportunity for those in charge of the economy through the obstacles that stand in the development economic development in the country. The head of the Economic Media Center Dergham Mohammed Ali said that "Iraq would emerge from Chapter VII will enable Iraq to the exploitation of foreign funds without protection by the United States and can act his money during the opening credits, as well as the expansion of the multi-banking sector.

He added that the Iraqi money outside the country will have great freedom through international transactions, pointing to the existence of a new opportunity with the existing economic sector in the promotion.

He explained, "that Iraq would emerge from Chapter VII is a departure from the war zones and that fall within the United Nations is an opportunity for the development of the banking sector as well as the economic development of Iraq's capabilities through foreign investment funds.

And between Ali ", with respect to Iraqi Airways, it will raise them insurance, which reduces the ticket for those coming to Iraq by air as Iraq emerges from the wars that was flying cost insurance to the fold as well as he gives Iraq presents a regular in the near future within the accredited international supervision to be able so get loans easily.

He pointed out that investment at the present time is limited due to the presence of Iraq under this item and debts on Iraq, but Iraq would emerge from this chapter means Iraq met all its debts abroad and are not taken pursuit of money at any time.

However, Prime Media Center Economic, "that Iraq pay a big price for his release from the terms of Chapter VII Despite the success of politicians to achieve convergence of Kuwaitis, but he does not count them all, but big money paid to Kuwait from the Iraqis, especially the agreements many signed by Iraq forced out of this item as well as the payment of damages and large sums of money each year to offer the Kuwaiti and that all claims have been fully covered.

For his part, economist Ali al-Shammari said Iraq would emerge from Chapter VII will encourage foreign capital to invest in the country, stressing that these sanctions hinder a lot of action in this area.

Al-Shammari said in a press statement, "that the occurrence of Iraq under Chapter VII sanctions imposed on it under this item of the UN Security Council disrupted the work of foreign investment in the country significantly, with the majority of foreign capital are afraid to work in the country because of its reservations on some of the measures that fall under this heading. "

He added that, "the withdrawal of Iraq from Chapter VII بمواده of Article 39 until the Article 51 of the Charter of the United Nations after the implementation of all UN Security Council resolutions relevant to open a new page in its relations with the countries of the world, especially since he has become of the countries that do not threaten international peace and security," noting that "the withdrawal of Iraq from the provisions of Chapter VII as a curtain إسدال on a bitter phase of the lives of Iraqis lasted about twenty-three years difficult."

He had been fulfilled by Iraq with its obligations to pay 41 billion dollars to Kuwait for war reparations Iraq and Kuwait, where pay for the Iraqi people as a result of the reckless policies of the former regime.

The Secretary-General of the United Nations, Ban Ki-moon said in a report submitted to the Security Council, remove Iraq from the provisions of Chapter VII after Ivaúh all its international obligations.

These recommendations are internationalist important achievement is calculated on the successful foreign policy of the government and confirms that Iraq has returned stronger than the events of 1990, which saw the occupation of the dictatorial regime of the State of Kuwait.

The Secretary-General of the United Nations in his 35th report to the Security Council and the Security Council resolution 1284 of 1999: "It commends both Iraq and Kuwait for their efforts which led to the solution of outstanding issues between the two countries to remove Iraq from Chapter VII."
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