Tag Archives | Kuwait

The latest news on Iraq – Kuwait business – investment, Disputes and more – brought to you by Iraq Business News

Iraq Exits Chapter VII ... Partially

By John Lee. The U.N. Security Council unanimously agreed today (Thursday) to move several outstanding issues between Iraq and Kuwait from Chapter VII to Chapter VI of the UN Charter, reports Reuters. Chapter VII allows the Security Council to authorize actions ranging from sanctions to military intervention if states do not abide by council demands, […]

Iraq's International Standing to get Boost

The United Nations Security Council is due to meet today to discuss the removal of Iraq, partially or fully, from Chapter VII of the UN Charter. The sanction, which threatens with "action by air, sea, or land forces as may be necessary to maintain or restore international peace and security", was imposed on Iraq following […]

UN to Decide on Ending Chapter VII Sanctions

By Mushreq Abbas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. After more than 23 years under the scope of UN Chapter VII following its invasion of Kuwait in 1990, Iraq finds itself closer than ever to getting out from under that […]

Iraq, Kuwait Chart a New Path

By Nassif Hitti for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The outcome of the Kuwaiti prime minister's [Sheikh Jaber al-Mubarak al-Hamad al-Sabah (pictured)] visit to Baghdad [June 12] constitutes a breakthrough in the relations between the two countries. This occurred two […]

Iraq-Kuwait Relations Take a Step Forward

The official visit to Baghdad of Kuwait's prime minister, Sheikh Jaber Mubarak Al-Hamad Al-Sabah, appears to mark a significant development in the improving relations between the two countries. Following their meeting on Wednesday, officials from both sides signed a series of agreements relating to diplomacy, the economy, transport, culture, higher education and the environment. In […]

More Progress on "Chapter VII" Issues

By John Lee. KUNA reports that the UN Security Council has acknowledged progress achieved by Iraq in implementing its UN obligations towards Kuwait, and will move some related issues from Chapter VII to VI of UN Charter when it meets on the matter next month. Mark Lyall-Grant (pictured), British Ambassador to UN and rotating UNSC […]

Iraq and Kuwait Discuss Chapter VII

The Kuwaiti Emir, Sheikh Sabah Al Ahmad Al Jaber Al Sabah, received on 28th of May, 2013, at Al Seif Palace, Iraq's Foreign Minister Hoshyar Zebari and his accompanying delegation. The Emir praised the efforts made by the Iraqi Government to end the third phase of the joint border pillars maintenance in implementation of Security […]

Foreign Minister Receives Kuwaiti Ambassador

By John Lee. Foreign Minister Hoshyar Zebari has met with the Kuwaiti Ambassador to Iraq, Ali Mohammed Al Mu'min. The Minister received a written letter from the Kuwaiti Deputy Premier and Foreign Minister, Sheikh Sabah Khalid Al Sabah, on bilateral relations. During the meeting, the positive progress achieved between the two parties due to their […]

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Zebari Discusses Chapter VII with Kobler

Foreign Minister Hoshyar Zebari has hosted a meeting with the Representative of the UN Secretary-General in Iraq, Martin Kobler. During the meeting, they discussed the role of the UN Mission in the provincial elections that took place recently, and its implications for political developments. Kobler briefed the Minister on the results of his meetings with […]

Kuwait "Still Owed $11bn from Iraq War"

By John Lee. The head of Kuwait's Compensation Claims Commission, Khaled Al-Mudhaf, has told KUNA news agency that Iraq paid Kuwait $1.3 billion in January and $1.13 billion on 25th April, as part of the compensation due for the invasion in 1990. Arabian Business reports that during a speech at the Geneva-based UN Compensation Commission, […]

Caliburger to Franchise in Iraq

By John Lee. Chinese fast-food chain CaliBurger has announced that it has signed a franchise agreement to begin opening CaliBurger restaurants in Kuwait and Iraq. According to a report from Fast Casual, the franchisee, Ali Hashem, will have rights to open multiple units in Kuwait and serve as the master franchisee for Iraq. Hashem is […]

Agility Wins $80m Majnoon Contract

By John Lee. Kuwait-based Agility Public Warehousing company, has announced that through its fully owned subsidiary in Iraq has been awarded a 3-year logistics contract from Shell Iraq Petroleum Development B.V. As part of this contract, Agility will be managing all related freight forwarding services for the contract from different locations around the world into […]