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Item 7 nightmare haunts the country's development and signs of imminent disposal (post for player)

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tlm724

tlm724
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Item 7 nightmare haunts the country's development and signs of imminent disposal
24 June 2013

Is expected to vote on the UN Security Council on June 27 this country out of Chapter VII after Iraq's commitment to implement UN Security Council resolutions, except specialized in economic affairs out of Chapter VII is a golden opportunity for the economy by overcoming the obstacles in economic development in the country.

And economic information center said Muhammad Ali Dergham "exit Iraq from Chapter VII will enable Iraq to exploit foreign funds without the protection of the United States and can dispose of his assets through the opening credits, as well as the expansion of multiple banking sector.

He said in a statement with the (range) that Iraqi funds outside the country will have freedom through international transactions, adding a new opportunity in the economic sector in promoting it.

"To exit Iraq from Chapter VII is a departure from war zones and within reach of the United Nations is an opportunity for the development of the banking sector as well as the evolution of the economic capacities of Iraq through the investment of foreign funds.

And between ", with respect to the Iraqi Airways, it will raise the insurance which reduces ticket for airlifted to Iraq as Iraq's exit from the war, which was flying the insurance cost to fold well it gives Iraq a standard classification in the near future within the accredited international oversight can thereby obtain loans easily.

He noted that at present, limited investment because Iraq under this item and debt on Iraq but Iraq out of this chapter means Iraq met all its debts abroad and not pursue funds in any field.

However, the President of the economic information center ", that Iraq paid for out of Chapter VII, notwithstanding the political success of the convergence of it does not count them, but money paid to Kuwait from the Iraqis, particularly the many agreements signed by Iraq forced out of this item as well as the payment of damages and substantial amounts annually to offer and that every Kuwaiti claims were fully covered.

The Economist said that dayla Iraq from Chapter VII would encourage foreign capital to invest in the country, stressing that the sanctions hinder many procedures in this area.

Al-shammari said in a press release, that of Iraq under Chapter VII and the penalties imposed under this section from the UN Security Council delayed action of foreign investment in the country, the majority of foreign capital in the country feared because of their reservations to some of the actions that fall under this heading.

"The exit from Iraq, item VII articles article 39 to article 51 of the Charter of the United Nations after the implementation of all relevant Security Council resolutions will open a new page in its relations with the Nations of the world, particularly that of the States that does not threaten international peace and security", stating that "exit Iraq from Chapter VII as a curtain on the stage of bitter Iraqi life lasted about twenty-three years.

Iraq had fulfilled its obligations to pay 41 billion dollars to Kuwait as reparations to the Iraq-Kuwait war, pay for the Iraqi people as a result of the reckless policy of the former regime.

And recommended that the Secretary-General of the United Nations Ban Ki-moon in a report to the Security Council, Iraq out of Chapter VII after met all international obligations.

This is an important achievement of the UN recommendations calculated on the foreign policies of Government and reaffirms that Iraq is back stronger from year 1990, which saw the occupation of the State of Kuwait the bygone system.

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


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