[Jeff] Did you read chapter 6?
[misskitty05] Jeff are you hearing any positive rumbings??
[Jeff] Maryrose read chapter 6
[Maryrose] Jeff nope but the Iraqi did say "things are being worked out"
[Jeff] Chapter 6 deals with currency
[grandpa10] Jeff thats right
[burk50] Jeff Deb TarHeel says have to have a tradable currency under chapter 6
[annieh] Jeff how's about you just give us the short, we can understand version
[misskitty05] Jeff grandpa10 so what does that mean for us iyo?
[okrocks] Chpt 6 is to "raise the value of the national currency in global markets"
[Jeff] We wait for smart cards to be loaded I believe that is the harbinger for things to come for us
[Iank1978] With in chapter 6 rules, iraq can only use their own currency correct in country?
Read More Link on Right
[Maryrose] Jeff trying not to show their Ace card??
[burk50] Ok rocks is this why Shabibi is in n York?
[Jeff] okrocks you say that in quotes who are you quoting?
[misskitty05] okrocks so they need to be in C6 to raise the value?
[okrocks] Jeff an article
[Jeff] Which article?
[Jeff] Can you attach it please?
[burk50] Jeff they can't use the dollar anymore ,correct ? Imo
[okrocks] What does it mean out of Iraq from Chapter VII sanctions
By: Yousef Al-Rashed Sudanese - 26-06-2013 | (Voice of Iraq) |
Since 23 years, Iraq is suffering from international sanctions imposed on him because of the adventures indiscretions of the former regime and Jtiaha of Kuwait in 1990 and since then, he weighed under penalty of sanctions, the seventh item and pay the price of the rights and money of the Iraqi people is scheduled to hold the UN Security Council on Thursdaya special session on The final steps to resolve the outstanding issues between Iraq and Kuwait, which will be voted to lift Iraq from Chapter VII and converted to Chapter VI and is nothing but a few hours
and all Iraqis rejoice good Ptkhals their country of this item and move on to Section VI did not come this victory and this done only after unremitting efforts and meetings intensive interview parties government and Iraqi national, headed by His Eminence the late Abdul Aziz al-Hakim(may Allah have mercy on him) who carried the worries of Iraq between sidearms and travel to the United States and his meeting with U.S. President and personalities from and permanent members of the international organization and since then,
the contacts are continuing with the Kuwaiti side to strengthen brotherly relations and positive was the signing of several agreements and border demarcation and the payment of compensation and memoranda of understanding paved the ground for solutions to contribute to raising the inequity and injustice suffered by the Iraqi people as a result of a policy regime buried, thank God, has carried out Iraq,
most of the obligations imposed by international law through the payment of compensation affected countries to exit Iraq from international sanctions and Chapter VII, to reinforce its presence and strengthen its resources and complete sovereignty of the country's economic and revive its economy and Ahai a suitable climate for companies entering foreign investment and be present in all international forums and creates a new atmosphere of inter-Arab relations and foreign and raise urban frozen funds and Moduah in the Development Fund for Iraq pf1)) would give Iraq a boost significant financial that will contribute effectively to support the reconstruction and raise the value of the national currency in global markets and the end of one of the most important problems Almekdh that the work of the dictatorial regime on pushing the country where due to its Arab and regional levels to exercise its leadership role in strengthening the foundations of law and the foundations of international human rights and live in safety and security
[Jeff] okrocks there you go now you are thinking.
[Jeff] That is the question "what does it mean?".
[okrocks] They have the freedom to run their country with their GOI... open trade, etc
[okrocks] International commerce
[Jeff] okrocks yes they are soverign
[sunny] I'm wondering why in all the hoopla about Iraq being released from chapter 7 no one has mentioned the release for Iraq means millions, if not billions of money, has been returned to them. Chapter 7 was protecting this money from creditors and keeping it safe for the people and GOI.
[Jeff] sunny DFI
[sunny] Jeff senior here. DFI?
[okrocks] to reinforce its presence and strengthen its resources and complete sovereignty of the country's economic and revive its economy and Ahai a suitable climate for companies entering foreign investment and be present in all international forums and creates a new atmosphere of inter-Arab relations a
[jblb] Jeff still protected for another year on that right
[okrocks] inter-Arab relations and foreign and raise urban frozen funds and Moduah in the Development Fund for Iraq pf1)) would give Iraq a boost significant financial that will contribute effectively to support the reconstruction
[Colorado] Jeff okrocks -- I understood Iraq has around 80 billion at hand, which they can pay Kuwait with and another 450 billion or so in forgein banks that is frozen and now released bec
[Colorado] Jeff okrocks -- I understood Iraq has around 80 billion at hand, which they can pay Kuwait with and another 450 billion or so in forgein banks that is frozen and now released because they are removed from VII? Am I wrong?
[okrocks] Frees the frozen funds....
[sunny] Colorado That's my understanding.
[Jeff] sunny http://www.securitycouncilreport.org/update-report/lookup-c-glKWLeMTIsG-b-6448159.php?print=true
[dldieter] sunny ..Not sure but I believe the US extended that protection for one more year a few weeks ago
[okrocks] they are ripe for a revalue
[misskitty05] According to this from the UN website, Chapter 6 deals with the peaceful settlement of disputes. Am I missing the significant part re currency? Or is there another Chapter6?
[sunny] misskitty05 IMO if the currency was released prior to or with Chapter 7 there would not be a need to mention it in chapter 6 dialogue.
[Jeff] sunny to answer your questions, in my view there is much more to each of those articles than what you see on that UN link. I believe what we read there is the short version of each article under each chapter
[misskitty05] Jeff the "chapter" seems rather simplistic for a significant legal document imo so you could well be correct