The French Ambassador to Baghdad, Boris Bouillon, said on Tuesday that he wants to remove Iraq from UN Chapter VII, despite the difficulties they face, pointing at the same time the desire of French companies to enter the Iraqi market.
In an interview with Alsumaria News, the Ambassador said, “France has a strategic vision towards Iraq and is working to restore it to its natural place in the international and regional arena”.
Since 1990 Iraq has been under Chapter VII of the Charter of the United Nations, which was imposed after Saddam Hussein’s invasion of Kuwait.
This allows the use force against Iraq as a threat to international security, in addition to the freezing of large amounts of its assets in international banks to pay compensation to those affected by the invasion.
Bouillon said “French companies want to enter the Iraqi market, which represents a large investment market for international companies,” pointing out that “the Iraqi market is considered an important center for French businesses over the next 20 years”.
France has forgiven 80% of the debt owed by Iraq, in a move aimed at improving the country’s economy.
(Source: Al Sumaria)