Article: “Iraq is approaching exit from Chapter VII”
Quote: “In the case of Iraq out of Chapter VII, it could recover the frozen his assets in foreign banks by $ 50 billion estimated roughly, as well as in the Development Fund for Iraq, which also will be able to his money management without international tutelage, and will allow him re-assume its place on the scene international, as a member of an active and influential in them.”
This is why Iraq is not worried about its reserves.
The day the UN votes to officially remove them from VII, Iraq will go get the $50 billion and anything left in the DFI.
Iraq’s reserves could skyrocket to $90 billion or more in very short order.