06/11/2013 - 11:10 p | Hits: 37
Iraqi Central Bank announced an agreement with the U.S. on the extension of legal immunity for Iraqi funds.
The bank said in a statement that "based on the tireless efforts made by the Iraqi state through various formations and held meetings with the U.S. side, it was agreed with the U.S. government to extend immunity to Iraqi balances."
The central bank noted in its statement issued on Monday that "the agreement provides for the issuance of the U.S. President's decision to extend the immunity of Iraqi assets in the United States two branches [account of the Development Fund for Iraq and the Central Bank]."
The statement added that "the decision to extend the previous decision was final and ends at the end of last May," returned "the current resolution is done to the Iraqi state institutions."
He called on the Iraqi Central Bank "different state institutions to do their utmost to resolve various outstanding issues in order to avoid any actions that would affect the rights of Iraq and its assets, expressing his blessing to this decision and hopes to contribute to achieving the goals that pour to the Iraqi people."
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