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Central Bank of Iraq: Iraq emerged from the effects of the seventh item on the economic situation 16/12/2010 14:43

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Panhead

Panhead
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Central Bank of Iraq: Iraq emerged from the effects of the seventh item on the economic situation
16/12/2010 14:43

Baghdad, December 16 / December (Rn) - The Central Bank of Iraq, Thursday, for the economy of the country's liberation in full after the decision of the UN Security Council yesterday to lift the sanctions imposed on it under Chapter VII.

The UN Security Council voted yesterday, Wednesday, unanimously approved three resolutions concerning the lifting of the embargo imposed on Iraq on the import of nuclear material for peaceful purposes, and cancel the oil for food program, and extended immunity for damages imposed under Chapter VII until the end of June next.

The central bank adviser said the appearance of Mohammed, told the Kurdish news agency (Rn), said that "the Iraqi economy liberated completely from all the international restrictions placed on it since almost 20 years because of the policies of the former regime," pointing out that "Iraq came out of Chapter VII, and the issue of compensation Kuwait does not affect the economic reality of Iraq. "

He explained that "the protection of Iraqi funds internationalist for six months to come came at the request of Iraq so he can qualify and put it to receive funds from the new," noting that "the government was able to convince the Member States in the Security Council in its ability to harmonize economic with a new global system of economic according to changes in the Iraqi economy" .

Mohammed indicated that "the economic institutions of Iraq will work during the next six months to limit the claims that may be brought by some businessmen against Iraq."

The former Iraqi president Saddam Hussein ordered the invasion of Kuwait in 1990, on the impact of sanctions imposed on Iraq from the international community and put under Chapter VII, which makes it a country threatening world peace and security.

Included international sanctions prevented the import of chemicals and nuclear technology that could be used in a secret nuclear programs, chemical and biological weapons.

Central Bank of Iraq: Iraq emerged from the effects of the seventh item on the economic situation
16/12/2010 14:43

Baghdad, December 16 / December (Rn) - The Central Bank of Iraq, Thursday, for the economy of the country's liberation in full after the decision of the UN Security Council yesterday to lift the sanctions imposed on it under Chapter VII.

The UN Security Council voted yesterday, Wednesday, unanimously approved three resolutions concerning the lifting of the embargo imposed on Iraq on the import of nuclear material for peaceful purposes, and cancel the oil for food program, and extended immunity for damages imposed under Chapter VII until the end of June next.

The central bank adviser said the appearance of Mohammed, told the Kurdish news agency (Rn), said that "the Iraqi economy liberated completely from all the international restrictions placed on it since almost 20 years because of the policies of the former regime," pointing out that "Iraq came out of Chapter VII, and the issue of compensation Kuwait does not affect the economic reality of Iraq. "

He explained that "the protection of Iraqi funds internationalist for six months to come came at the request of Iraq so he can qualify and put it to receive funds from the new," noting that "the government was able to convince the Member States in the Security Council in its ability to harmonize economic with a new global system of economic according to changes in the Iraqi economy" .

Mohammed indicated that "the economic institutions of Iraq will work during the next six months to limit the claims that may be brought by some businessmen against Iraq."

The former Iraqi president Saddam Hussein ordered the invasion of Kuwait in 1990, on the impact of sanctions imposed on Iraq from the international community and put under Chapter VII, which makes it a country threatening world peace and security.

Included international sanctions prevented the import of chemicals and nuclear technology that could be used in a secret nuclear programs, chemical and biological weapons.

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