Previous article from today ~ Iraq, Egypt near US$1 billion deal on worker compensation 18/05/2011
Egypt Iraq agreement on "remittances yellow"
CAIRO - Egyptian and Iraqi officials said that Egypt and Iraq are close to reaching an agreement on the arrears of cash transfers to the Egyptian workers is attributed to the Iraqi invasion of Kuwait in 1990-1991.
He said Iraqi Minister of Labor and Nasser al-Rubaie said Iraq was going through a financial crisis at that time with his inability to sell the oil.
The two countries are trying to solve the problem, which includes about 900 thousand Egyptians since the overthrow of former Iraqi President Saddam Hussein in 2003. The dispute centers on the benefits of an estimated $ 544 million out of the Iraqi debt owed to the Egyptian workers, which amounts to $ 408 million.
Said Ahmed Hassan El-Borai Minister of Manpower and Migration of Egypt after he held talks with al-Rubaie in Cairo: "We are our boat to reach a solution to the issue of remittances yellow and a technical committee will visit Baghdad shortly to sign an agreement in this regard."
Egypt says detained Iraqi banks that transfers hundreds of millions of dollars before and after the Iraqi invasion of Kuwait. She says that the banks had stopped transfers of wages in the second of August 1990, the day of the invasion.
CAIRO - Egyptian and Iraqi officials said that Egypt and Iraq are close to reaching an agreement on the arrears of cash transfers to the Egyptian workers is attributed to the Iraqi invasion of Kuwait in 1990-1991.
He said Iraqi Minister of Labor and Nasser al-Rubaie said Iraq was going through a financial crisis at that time with his inability to sell the oil.
The two countries are trying to solve the problem, which includes about 900 thousand Egyptians since the overthrow of former Iraqi President Saddam Hussein in 2003. The dispute centers on the benefits of an estimated $ 544 million out of the Iraqi debt owed to the Egyptian workers, which amounts to $ 408 million.
Said Ahmed Hassan El-Borai Minister of Manpower and Migration of Egypt after he held talks with al-Rubaie in Cairo: "We are our boat to reach a solution to the issue of remittances yellow and a technical committee will visit Baghdad shortly to sign an agreement in this regard."
Egypt says detained Iraqi banks that transfers hundreds of millions of dollars before and after the Iraqi invasion of Kuwait. She says that the banks had stopped transfers of wages in the second of August 1990, the day of the invasion.
Rubaie said Iraq wants to speed payment of dues of Egyptian workers, and Iraqi Prime Minister Nuri al-Maliki called his Egyptian counterpart, Essam Sharaf to visit Iraq to discuss the matter.
Al-Rubaie added: "The problem for interest where you need to dialogue and discussions on the technical aspects between the two countries at a time when Iraq is going through an economic crisis." P t - Wii (Guets) (Cisse)
http://www.babnews.com/inp/view.asp?ID=39332
Al-Rubaie added: "The problem for interest where you need to dialogue and discussions on the technical aspects between the two countries at a time when Iraq is going through an economic crisis." P t - Wii (Guets) (Cisse)
http://www.babnews.com/inp/view.asp?ID=39332
