* Iraq: The quest for the allocation trillion dinars from the budget 2012 for the port of Faw

January 23rd, 2012 07:54 am · Posted in NEWS: Dinar Currency & World Currency News 

Baghdad, January 23 (Rn) – A member of the Legal Committee of the parliament, Monday, for the collection of signatures of 100 members for $ trillion Iraqi dinars from the current year budget, to cover the expenses of the port of Faw.

The situation in Iraq a cornerstone of the port of Faw in April / April 2010, ie a year before the Kuwait Declaration on the construction of the port of Mubarak, but he did not initiate the implementation process so far. Analysts say that the reason at the feet of Kuwait to build a port Mubarak is the delay in the establishment of the port of Faw. A member of the high Nassif told the Kurdish news agency (Rn), “collected signatures of 100 members for $ trillion dinars from the current year budget to cover the expenses of the port of Faw,” indicating that “the signatures will be delivered to the Presidency of the Council of Representatives.” Noting that “the amount trillion dinars, which will be allocated to the port of Faw collected postponed projects.” and is expected to include the port of Faw berths for containers along the 39,000 m and pavement last long, 2000, as well as the scene of containers with an area of more than one million m 2 and the field of multi-purpose area of 600 thousand m 2. The port capacity 99 million tonnes annually, while total cost to create it 4 billion and 400 million euros. Iraq says that the port will change the map of global shipping, because it will transfer the goods from Japan, China and South East Asia to Europe via Iraq. saw the diplomatic relations between Iraq and Kuwait tension high on the differences already exist since the invasion in 1990, but intensified after the start the Kuwaiti side to build port that he says the Iraqis that would lead to the narrow waterway to Iraqi ports. accuses the parties in the House the government of trying to “dilute” the issue of port Mubarak for political reasons, while Kuwait has said it is willing to give Iraq pledges not to impact the port on his navigation. Iraq had sent a committee composed of technical experts in August / August, to prepare a detailed report from the Port of Mubarak and its negative effects, if any, on the navigation of Iraq, and Kuwait said before leaving the delegation stands ready to provide all kinds of assistance in completing the work. From: Haidar Ibrahim, the Open: the fulfillment Zangana

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