Tag Archives | frozen assets

Iraq-Morocco Rapprochement could release Frozen Assets

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq-Morocco rapprochement could release frozen assets, address IS members In a sign of warming ties, Moroccan Foreign Minister Nasser Bourita traveled to Baghdad early this year to reopen his country's embassy. Amid the […]

Iraq Seeks Recovery of Funds Frozen in Italy

By John Lee. Iraq is reportedly trying to recover Iraqi funds frozen in Italy. Foreign Minister Fuad Hussein (pictured) is reported as saying that Baghdad is attempting to recover around EUR 600 million, plus interest, that the Saddam Hussein regime paid to Italian companies to purchase weapons. According to Basnews, the weapons were not delivered […]

Iraq to Release Frozen Iranian Funds

The Governor of the Central Bank of Iran has said his negotiations with Iraqi officials have yielded "positive" results, as the Arab country has given its approval to the release of Iran's frozen assets for the purchase of basic commodities. In remarks on Monday, Abdolnasser Hemmati said he held a trilateral meeting with Governor of […]