The Iraqi economy might experience a remarkable breakthrough with favourable developments on Chapter VII withdrawal such as the much-anticipated Moon-Maliki meeting, not to mention the call for UN’s support.
Iraqi Economy Update: Iraq Hopes For Moon-Maliki Meeting
Iraqi people have been anticipating for another meeting between the UN Secretary-General and Iraqi Prime Minister Maliki, upon the former’s arrival in Baghdad, to discuss withdrawal of Chapter VII sanctions against the Iraqi economy. Spokesperson Dabbagh revealed that the second meeting shall take place soon alongside the Arab Summit. After all, the United Nations is about to make a decision in a few of months whether or not to lift Chapter VII sanctions against the Iraqi economy.
Iraqi Economy Update: Iraq Prays For UN’s Support
Iraqi government, through President Talibani, called for the support of the United Nations in lifting Chapter VII sanctions against the Iraqi economy. As we all know, Chapter VII sanctions imposed various restrictions in the Iraqi economy. The Iraqi President, in turn, expressed full support to the UN in the hopes of achieving full economic sovereignty soon by virtue of Chapter VII withdrawal. Besides, UN Secretary-General recently recognized the reinstatement of Iraq in the international community.
Iraqi Economy Update: Iraq Earns Kind Words From UN
As much as the UN recognized the reinstatement of Iraq in the international community, it also recognized the means into which the country can break free from the Chapter VII sanctions. According to UN Secretary-General Moon, a cooperative relationship between Kuwait and Iraq can lead to Chapter VII withdrawal. That shall yield an immense sigh of relief for the Iraqi economy.
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