Pimpy [Post 1 of 3….] The protection of Iraq’s assets and funds were because you had tons of individuals…companies and corporations…nations going after Iraq for one reason or another…If everyone was allowed to sue Iraq then it would take forever for Iraq to recover…What we need to find out is once the protections are lifted are those individuals that could have sued Iraq in the past able to sue them now? What they’ve done is turn over all of the money to Iraq to handle from now on.
Pimpy [Post 2 of 3….] Here’s the good and the bad of everything…With Iraq in control of the Development Fund they have access to that money…There are no restrictions on it. They don’t have to ask permission to get the money when they do their budget. That is a huge step forward. In addition to that it just wouldn’t look good for Iraq to go into the World Trade Organization having anther country control the money that you use for trade or anything else. So yes, that is another huge step towering reinstating full sovereignty for Iraq.
