Posted: April 29, 2012
Baghdad (NINA) – Finance Minister, Rafi’ al-Essawi announced that Iraq and Kuwait will sign on Sunday four protocols.
Essawi told NINA on Sunday, Apr. 29, that the four protocols deal with oil fields, debts, border demarcation and the missing issue.
For his part, Oil Minister, Abdul Kareem Lu’aybi, said that the Iraqi side requested the Kuwaiti side to lower percentage of debts’ deduction, which is 5%, pointing out that the Kuwaiti side agreed on discussing the issue, since the Security Council’s resolution stipulates the reduction if both sides agree.