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To Diversify its economy Kuwait announces the “regional syst

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To Diversify its economy Kuwait announces the “regional syst

Unread postby Stillw8n » Tue Apr 24, 2012 8:40 am

To Diversify its economy Kuwait announces the “regional system of the North Gulf” in cooperation with Iraq

24-04-2012
Are free – Revealed the son of Amir of Kuwait and the Minister of Amiri Diwan Affairs Nasser Sabah al-Ahmad, an orientation for Kuwaiti partnership with Iraq as part of a regional system for the northern Gulf states, while pointing out that his country aims, through this system to Diversify its economy so that it does not depend on the oil completely.

Ahmad said at a news conference building, the American University in Sulaimaniya on Sunday night ‘that the Emir of Kuwait, a future vision of the relationship of Kuwait and its partnership with Iraq include the formation of system states north of the Gulf ‘, noting that’ the system that was formed will be wide and has a large amount of money estimated at Billions of dollars’.

He added that Al-Ahmad Al ‘the formation of this system will have a significant payoff in Iraq and Kuwait ‘, calling for Iraq, Kuwait and neighboring countries that Aharko in the formation of this system. ‘

He noted Al-Ahmed, a minister of Amiri Diwan to the ‘vision of Kuwait on this system need to study, develop and support more than before the Muslim Brotherhood in Kuwait and Iraq,’ he said, adding that the ‘Kuwait aims, through this system to diversify its economy and make it not dependent on oil revenues, but also the activity human in the first instance as it was previously. ‘

The son of the Emir of Kuwait, and the Minister of Amiri Diwan Affairs Nasser Sabah al-Ahmad arrived in the city of Sulaymaniyah, Thursday, April 19, 2012 and met with President Jalal Talabani and handed him a written message on the relations between the two countries and the entry of Kuwaiti investments to Iraq.

This is the orientation of Kuwait in partnership with iraqs future system include the formation of the North Bay is the first of its kind since the fall of Saddam Hussein’s regime on the ninth of April 2003rd , and represents a reference to the existence of progress in the relations between the two countries.

The Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Sabah took part in the work of the Arab summit conference in Baghdad on March twenty-nine two thousand and twelve, described the visit as historic, being the first to the Emir of the State of Kuwait since the Iraqi occupation of the Gulf Emirate in August in 1990.

As a result of the improvement in relations was restored flights to Kuwait Chit, as it landed at the airport in Najaf on Tuesday (April 17, 2012), the first Kuwaiti plane after 22 years on the last trip to Iraq, as confirmed Jazeera Airways that it will be two trips a week to the airport can be increased, as well as flights to other airports in the rest of the country.

Saw the Iraqi-Kuwaiti relations in the recent progress in relation to solving some outstanding problems, as the parties agreed during the visit of Prime Minister Nuri al-Maliki, the last of Kuwait on the fourteenth of the month of March to end the issue of compensation for KAC and maintenance of border markers, as agreed on the basis of common frameworks and to resolve all the files, within the short time scales, with Foreign Minister Hoshyar Zebari, who accompanied al-Maliki during his visit to what was agreed upon is significant progress with respect to the exit of Chapter VII from Iraq.

Iraq has since 1990 under Chapter VII of the Charter of the United Nations imposed after the invasion of the former regime of Saddam Hussein, the State of Kuwait in August of the same year, this item allows the use of force against Iraq as a threat to international security, in addition to large amounts of frozen assets of financial international banks for the payment of compensation to those affected by the invasion.

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