Millionday chat 11/20/2013
[millionday] UN security council meeting
[millionday] The United Nations Secretary-General Ban Ki-moon expressed hope that the expanding bilateral relations between Kuwait and Iraq to include economic and cultural fields.
Ban also expressed in the periodic report to the Security Council on the United Nations Mission to help Iraq (UNAMI) last night expressed his happiness for the continued improvement in the bilateral relations between the two countries, including the opening of Kuwait consulates in Basra and Erbil.
[millionday] read carefully >>> I hope that the result of this improvement in the bilateral relations to further confidence to become the economic and trade relations and cultural stronger between the two countries.
Read More Link On Right
Also hope that this positive development to improve Iraq's relations with other neighboring countries. On the security situation in Iraq,
Ban expressed concern about the return of the extremism that threatens social cohesion in Iraq and possibly disrupt the ongoing efforts to achieve national reconciliation.
[millionday] >>>>>>>>>>>>>>> He stressed the need to promote economic development through job creation and provision of services and the fight against corruption.
It is scheduled to discuss the report that the Security Council on Monday.
[millionday] told you -- love it right ?
[hbladyfish] Oh YEAH!
[millionday] monday for economic cohesion with all countries and the final shake on kuwait which is all done but trade will be discussed and economics oh yes
[ROBINREDHED] ? Ok, so they want to have a good relatonship with kuwait, so what
[Dovi] millionday millionday millionday OH WOW
[millionday] now i have one thing that will light the fire that didnt get lit with that
[Dovi] with all countries
[millionday] He stressed the need to promote economic development through job creation and provision of services and the fight against corruption. It is scheduled to discuss the report that the Security Council on Monday.
[millionday] I hope that the result of this improvement in the bilateral relations to further confidence to become the economic and trade relations and cultural stronger between the two countries.
Also hope that this positive development to improve Iraq's relations with other neighboring countries. On the security situation in Iraq, Ban expressed concern about the return of the extremism that threatens social cohesion in Iraq and possibly disrupt the ongoing efforts to achieve national reconciliation.
[millionday] also hope that this positive development is for other countries
[millionday] not just oh hello kuwait again -- love ya my friends thing -- formal meeting of economic proportion
[millionday] here is something else smile
[millionday] Economists Central Bank of Iraq to take effective steps towards the protection of Iraqi funds and to pursue a policy to ensure restoration of national sovereignty them especially after the hit Iraq more than $ 110 billion to creditors. ,
And confirmed in a statement to the (morning) the importance of studying the mechanisms capable of preventing the risk of claims creditors as companies or individuals , consistent and in accordance with international law .
And economist said Bassem Jamil Antoine : that large sums of money are still under the protection of the United States of America in the Fund for the Protection of Iraqi funds while he should move by the central bank to rid it of illegal claims of some creditors.
[millionday] the addition of dfi to raise the value of the dinar
[millionday] Fresh Fresh Fresh Fresh Fresh Fresh
[millionday] and place them under international law
[Dovi] Fresh Fresh Fresh
[millionday] knew you would smile
[millionday] He explained that the international courts in some countries bring proceedings in poor countries where judicial authorities to blackmail Iraq .
He pointed out that the country has lacked negotiating skills in this area , but it is possible to hire law firms as well as benefit from the expertise of Iraqi immigrant for the purpose of defending Iraqi funds and in accordance with international law .
Where it is difficult to stay this size funds in foreign banks for longer. The box - shaped DFI protection of Iraqi funds under UN Security Council Resolution 1483 to protect Iraqi funds from international piracy claims after the events of 2003.
[wmawhite] millionday ......how to rid of illegal claims?
[millionday] right there -- legal reps and per agreements -- it goes on to explain how in this report
[wmawhite] millionday .i see..........lol
[millionday] chapter 6 is monitoring all agreements remember
[millionday] here is some on the paris and remaining there
[millionday] Antoine noted that the remaining term to expiry of the period of protection the U.S. on the money about 7 months , during which should be on the central bank to begin to move and direct editing of debt funds during the audit because there are illegal claims .
Indicating that the debt of companies amounted to $ 21 billion paid them $ 450 million in cash and completed remaining on paid their bills governmental interest rate 5.8 percent , explaining that through this measure was reduced debt to about two billion and 700 thousand dollars has been negotiating with them not to add any amounts Other . and pointed out that the remaining debt on Iraq, according to the Paris Club , ranging between 8.5 to $ 9 billion.
[millionday] not bad
[wmawhite] millionday ....the clock is counting down.
[millionday] wow have they been taking cash on these visits or what
[millionday] here is what has added up and ended in the audit
[millionday] For his part, Director of the banks in the Ministry of Finance Hilal Taan : that after the withdrawal of Iraq from Chapter VII and the payment of a large proportion of its foreign debt ,
the road is easy in front of the financial authorities of the Central Bank and the Ministry of Finance to recover money from the Fund for the Protection of Iraqi funds DFI and the extension of national sovereignty them.
stressed that Iraq of its foreign debt paid more than $ 110 billion during the past years, leaving them only a fraction .
Taan said he does not risk the appearance of potential creditors to demand their money because of the time limitation of the case where they had to claim their money 11 years ago.
So it does not fears of the emergence of such money back when .
[millionday] And on ways to benefit from the money in the fund Male Taan that can be added to the balance of the currency of the cash reserves to strengthen the dinar or utilize them by employing them because Iraq needs to invest in infrastructure projects and reconstruction . ,
And confirmed that the remaining period to the end of the protection of the American Iraqi funds sufficient to end Iraq procedures for the transfer of those funds to the central bank, referring to the need to resolve this file as soon as this represents a restoration of the prestige of Iraq represented to regain control and discretion his money placed under the tutelage of American and under the supervision of the United Nations.
stressing the need to give this issue of paramount importance because it is Iraqi money and will benefit the when people regain control .
[millionday] this is about the us
[millionday] so the UN has told the US that they need to arrange the return of iraq`s money right away
[millionday] The title of the report >>>>>>>>>>>>>>>>>>> Add DFI funds to raise the cash reserve value of the dinar
[millionday] have a little more of the report
[millionday] smile --- stressing the need to give this issue of paramount importance because it is Iraqi money and will benefit the people when restoring control. was U.S. President Barack Obama signed last May an executive order to extend immunity to Iraqi funds in the Development Fund for Iraq,
known acronym (DFI) for a year due to the state of national emergency in a manner keeps his money are protected as far as provided by U.S. law standard of protection in such circumstances.
provides extended protection of Iraqi funds deposited in this fund from any lawsuits and fake or genuine by companies or individuals,
it also provides real support to the Iraqi Central Bank and its funds from oil revenues, which represents President supplier to the country's budget.